Are Constellation Energy Corporation (NASDAQ: CEG) Shares Ready For A Price Rise?

In the last trading session, 0.87 million Constellation Energy Corporation (NASDAQ:CEG) shares changed hands as the company’s beta touched 0.75. With the company’s per share price at $185.70 changed hands at -$0.95 or -0.51% during last session, the market valuation stood at $58.52B. CEG’s last price was a discount, traded about -7.07% off its 52-week high of $198.83. The share price had its 52-week low at $74.17, which suggests the last value was 60.06% up since then. When we look at Constellation Energy Corporation’s average trading volume, we note the 10-day average is N/A shares, with the 3-month average coming to 2.43 million.

Constellation Energy Corporation (NASDAQ:CEG) trade information

Instantly CEG was in red as seen at the end of in last trading. With action -2.82%, the performance over the past five days has been red. The drop to weekly highs of 196.00 on N/A, N/A subtracted -0.51% to the stock’s daily price. The company’s shares are showing year-to-date upside of 58.87%, with the 5-day performance at -2.82% in the red. However, in the 30-day time frame, Constellation Energy Corporation (NASDAQ:CEG) is 9.99% up. Looking at the short shares, we see there were N/A shares sold at short interest cover period of N/A days.

Constellation Energy Corporation (CEG) estimates and forecasts

Data shows that the Constellation Energy Corporation share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 58.95% over the past 6 months, a 47.90% in annual growth rate that is considerably higher than the industry average of 9.20%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 34.63%. The 2024 estimates are for Constellation Energy Corporation earnings to increase by 36.13%, but the outlook for the next 5-year period is at 26.30% per year.

CEG Dividends

Constellation Energy Corporation is expected to release its next quarterly earnings report in May. The 0.65% annual yield figure for the share gives it an annual dividend of 1.20. It is important to note, however, that the 0.65% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.