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Constellation Energy Corporation (CEG)

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231.50 -26.60 (-10.31%)
As of 1:07 PM EST. Market Open.
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DELL
  • Previous Close 258.10
  • Open 232.89
  • Bid 231.21 x 300
  • Ask 240.00 x 200
  • Day's Range 224.68 - 235.50
  • 52 Week Range 109.44 - 288.75
  • Volume 7,844,651
  • Avg. Volume 3,244,521
  • Market Cap (intraday) 72.388B
  • Beta (5Y Monthly) 0.77
  • PE Ratio (TTM) 30.83
  • EPS (TTM) 7.51
  • Earnings Date Nov 4, 2024
  • Forward Dividend & Yield 1.41 (0.55%)
  • Ex-Dividend Date Aug 12, 2024
  • 1y Target Est 277.91

Constellation Energy Corporation generates and sells electricity in the United States. It operates through five segments: Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions. The company sells natural gas, energy-related products, and sustainable solutions. It has approximately 33,094 megawatts of generating capacity consisting of nuclear, wind, solar, natural gas, and hydroelectric assets. It serves distribution utilities; municipalities; cooperatives; and commercial, industrial, governmental, and residential customers. The company was incorporated in 2021 and is headquartered in Baltimore, Maryland.

www.constellationenergy.com

13,871

Full Time Employees

December 31

Fiscal Year Ends

Utilities

Sector

Recent News: CEG

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Related Videos: CEG

Constellation Energy's dip is buying opportunity into nuclear: Analyst

Shares of Constellation Energy (CEG) have fallen as much as 12% today in tandem with other nuclear energy names, after government regulators blocked Amazon's (AMZN) power agreement with provider Talen Energy (TLN). CFRA Equity Analyst Daniel Rich joined Catalysts to discuss what the news means for Big Tech's nuclear energy future as companies search for clean methods to power their AI data centers. "It certainly is a setback," Rich tells Catalysts hosts Seana Smith and Madison Mills, but it's far from over. The CFRA analyst notes that the US Federal Energy Regulatory Commission (FERC) decision was split, and it "wouldn't be surprising" for there to be a rehearing shortly.  Though the regulatory roadblock adds a bit of near-term uncertainty, Rich is still "pretty favorable" on Constellation Energy and its peers given the interest from Big Tech — Amazon, Alphabet's Google (GOOG, GOOGL), and Microsoft (MSFT) have all announced investments in nuclear power. "Whatever happens with the [FERC] decision, we think Constellation is in a pretty good spot," Rich says, adding that today's sell-off in shares presents a viable buying opportunity for investors. The regulatory news overshadowed Constellation Energy's robust third quarter results out Monday morning. The energy giant raised its full year adjusted operating earnings guidance after topping Wall Street's expectations for operating revenue by more than $1 billion. In the earnings release, Constellation Energy CEO Joe Dominguez lays out "the importance of AI and the data economy to America’s economic competitiveness and national security can’t be overstated." CFRA maintains its Buy opinion on Constellation shares, but lowered the 12-month price target by $25 to $280 per share citing the uncertainty from the FERC decision. Even with Monday's drop, Constellation Energy stock is up more than 90% this year and is among the best-performing stocks in the S&P 500 (^GSPC). For more coverage on Big Tech's adoption of nuclear energy, catch Yahoo Finance's interviews with X-energy CEO Clay Sell about Amazon's investment into the nuclear reactor designer, Kairos Power Co-Founder and CEO Mike Laufer's input on the nuclear startup's partnership with Google, and Oklo (OKLO) Co-Founder and CEO Jake DeWitte who explains the business model for nuclear energy providers. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Kathleen Welch.

Performance Overview: CEG

Trailing total returns as of 11/4/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

CEG
99.11%
S&P 500
19.73%

1-Year Return

CEG
99.27%
S&P 500
31.04%

3-Year Return

CEG
509.21%
S&P 500
25.99%

5-Year Return

CEG
509.21%
S&P 500
25.99%

Compare To: CEG

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Statistics: CEG

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Valuation Measures

Annual
As of 11/1/2024
  • Market Cap

    80.71B

  • Enterprise Value

    89.52B

  • Trailing P/E

    34.32

  • Forward P/E

    28.41

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    3.50

  • Price/Book (mrq)

    7.06

  • Enterprise Value/Revenue

    3.80

  • Enterprise Value/EBITDA

    16.15

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    10.15%

  • Return on Assets (ttm)

    3.71%

  • Return on Equity (ttm)

    20.03%

  • Revenue (ttm)

    23.54B

  • Net Income Avi to Common (ttm)

    2.39B

  • Diluted EPS (ttm)

    7.51

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    311M

  • Total Debt/Equity (mrq)

    77.45%

  • Levered Free Cash Flow (ttm)

    -429.88M

Research Analysis: CEG

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Earnings Per Share

Consensus EPS
 

Revenue vs. Earnings

Revenue 5.47B
Earnings 814M
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analyst Price Targets

205.12 Low
277.91 Average
231.50 Current
342.00 High
 

Company Insights: CEG

Research Reports: CEG

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  • Recent weakness offers buying opportunity

    Constellation Energy is the nation's largest producer of carbon-free energy and a leading supplier of energy products and services, including sustainable energy solutions to homes, institutional customers, the public sector, community aggregations, and businesses, including three-fourths of Fortune 100 companies. Constellation's mission is to accelerate the transition to a carbon free future. Constellation provides energy to over 16 million homes and businesses with over 33.000 megawatts of capacity. The company's nuclear fleet is the nation's largest, with approximately 22 gigawatts of capacity. The company has 13,900 employees. The CEG shares are a component of the S&P 500 Index.

    Rating
    Price Target
     
  • Launching coverage with a BUY rating

    Constellation Energy is the nation's largest producer of carbon-free energy and a leading supplier of energy products and services, including sustainable energy solutions to homes, institutional customers, the public sector, community aggregations, and businesses, including three-fourths of Fortune 100 companies. Constellation's mission is to accelerate the transition to a carbon free future. Constellation provides energy to over 16 million homes and businesses with over 33.000 megawatts of capacity. The company's nuclear fleet is the nation's largest, with approximately 22 gigawatts of capacity. The company has 13,900 employees. The CEG shares are a component of the S&P 500 Index.

    Rating
    Price Target
     
  • Lowering target price to $225.00

    CONSTELLATION ENERGY has an Investment Rating of BUY; a target price of $225.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of Medium; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • Raising target price to $238.00

    CONSTELLATION ENERGY has an Investment Rating of BUY; a target price of $238.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of Low.

    Rating
    Price Target
     

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