In the latest trading session,, 0.85 million Constellation Energy Corporation (NASDAQ:CEG) shares changed hands as the company’s beta touched 0.75. With the company’s most recent per share price at $206.28 changing hands around $5.72 or 2.85% at last look, the market valuation stands at $65.00B. CEG’s last price was a premium, traded about 0.58% off its 52-week high of $205.08. The share price had its 52-week low at $77.81, which suggests the last value was 62.28% up since then. When we look at Constellation Energy Corporation’s average trading volume, we note the 3-month average coming to 2.62 million.
Constellation Energy Corporation (NASDAQ:CEG) trade information
Instantly CEG is in green as seen in intraday trades today. With action 11.77%, the performance over the past five days has been green. The jump to weekly highs of 206.62 added 2.85% to the stock’s daily price. The company’s shares are showing year-to-date upside of 76.48%, with the 5-day performance at 11.77% in the green. However, in the 30-day time frame, Constellation Energy Corporation (NASDAQ:CEG) is 9.67% up.
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 65.38% over the past 6 months, a 48.30% in annual growth rate that is considerably higher than the industry average of 12.30%. Year-over-year growth is forecast to reach 0.90% up from the last financial year.
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 7.86B. 3 analysts are of the opinion that Constellation Energy Corporation’s revenue for the current quarter will be 4.98B. The company’s revenue for the corresponding quarters a year ago was 7.57B. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 3.90%.
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 39.35%, 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 June. The 0.58% annual yield figure for the share gives it an annual dividend of 1.20. It is important to note, however, that the 0.58% 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.
