Clearway Energy, Inc. (NYSE:CWEN) Stock Has Consensus Price Target of $42.00

Shares of Clearway Energy, Inc. (NYSE:CWEN) have been assigned a consensus rating of “Buy” from the ten research firms that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating on the company. The average 1-year price objective among analysts that have covered the stock in the last year is $42.00.

Several equities analysts have recently commented on CWEN shares. Canadian Imperial Bank of Commerce set a $42.00 target price on Clearway Energy in a research note on Friday, July 17th. Truist Financial dropped their price target on shares of Clearway Energy from $43.00 to $40.00 and set a “buy” rating for the company in a research note on Monday, September 28th. Zacks Research upgraded shares of Clearway Energy from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 19th. Evercore reaffirmed a “positive” rating and issued a $40.00 price target on shares of Clearway Energy in a report on Monday, August 17th. Finally, Weiss Ratings downgraded shares of Clearway Energy from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, September 24th.

Key Headlines Impacting Clearway Energy

Here are the key news stories impacting Clearway Energy this week:

• Positive Sentiment: Management reaffirmed its 2026 guidance and initiated 2027 cash available for distribution (CAFD) guidance of $520 million–$590 million. It also set a 2031 target of $3.20–$3.40 in CAFD per share, offering investors longer-term growth benchmarks. Clearway outlines CAFD guidance and target
• Positive Sentiment: Clearway raised its quarterly dividend 1.6% to $0.4824 per share, equivalent to about $1.93 annually and a reported 5.6% yield. The increase may support the stock’s appeal to income-focused investors.
• Positive Sentiment: The company reported 21.7% year-over-year revenue growth, with revenue of $522 million exceeding analyst expectations. It also cited progress on more than 600 MW of repowerings, new capacity contracts, and a sponsor-developed pipeline of roughly 16 GW. Clearway Energy reports third-quarter results
• Negative Sentiment: Quarterly EPS of $0.42 missed analyst estimates. The earnings miss—and the decline from the year-ago quarter—could weigh on sentiment despite stronger revenue. Clearway Energy misses Q3 earnings estimates

Institutional Investors Weigh In On Clearway Energy

A number of institutional investors have recently modified their holdings of the stock. Pacer Advisors Inc. boosted its holdings in Clearway Energy by 0.9% in the first quarter. Pacer Advisors Inc. now owns 844,221 shares of the company’s stock worth $33,169,000 after purchasing an additional 7,215 shares during the period. Allspring Global Investments Holdings LLC increased its stake in Clearway Energy by 1,928.5% during the third quarter. Allspring Global Investments Holdings LLC now owns 589,009 shares of the company’s stock valued at $17,164,000 after purchasing an additional 559,972 shares during the last quarter. Tectonic Advisors LLC increased its stake in Clearway Energy by 12.8% during the third quarter. Tectonic Advisors LLC now owns 567,137 shares of the company’s stock valued at $16,600,000 after purchasing an additional 64,439 shares during the last quarter. Aberdeen Group plc raised its holdings in shares of Clearway Energy by 1.3% during the third quarter. Aberdeen Group plc now owns 517,395 shares of the company’s stock worth $15,144,000 after purchasing an additional 6,600 shares during the period. Finally, Public Sector Pension Investment Board raised its holdings in shares of Clearway Energy by 18.6% during the third quarter. Public Sector Pension Investment Board now owns 493,676 shares of the company’s stock worth $15,082,000 after purchasing an additional 77,414 shares during the period. Institutional investors and hedge funds own 84.53% of the company’s stock.

Clearway Energy Stock Down 0.0%

Shares of Clearway Energy stock opened at $34.69 on Wednesday. Clearway Energy has a 1-year low of $28.57 and a 1-year high of $41.74. The company has a market capitalization of $7.12 billion, a PE ratio of -42.30 and a beta of 0.81. The company has a debt-to-equity ratio of 1.55, a current ratio of 1.11 and a quick ratio of 1.02. The business has a 50-day moving average of $31.24 and a 200-day moving average of $35.53.

Clearway Energy (NYSE:CWEN) last issued its quarterly earnings data on Monday, November 9th. The company reported $0.42 earnings per share for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.41). Clearway Energy had a negative net margin of 5.64% and a negative return on equity of 1.66%. The business had revenue of $522.00 million for the quarter, compared to analyst estimates of $513.11 million. As a group, equities analysts forecast that Clearway Energy will post -0.29 EPS for the current fiscal year.

Clearway Energy Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, December 1st will be given a $0.4824 dividend. This represents a $1.93 annualized dividend and a dividend yield of 5.6%. The ex-dividend date of this dividend is Tuesday, December 1st. This is an increase from Clearway Energy’s previous quarterly dividend of $0.4750. Clearway Energy’s payout ratio is presently -231.71%.

About Clearway Energy

Clearway Energy, Inc. owns and operates electricity-generation facilities in the United States. Its portfolio includes renewable energy assets, primarily wind and solar, as well as energy storage and conventional power-generation and thermal infrastructure. The company sells electricity and related services to utilities and other customers, often through long-term contractual arrangements. Its facilities are located across multiple U.S. regions. Clearway Energy was formerly known as NRG Yield, Inc. and adopted its current name in 2018.