In the latest trading session, 0.42 million Constellation Energy Corporation (NASDAQ:CEG) shares changed hands as the company’s beta touched 0.86. With the company’s most recent per share price at $257.87 changed hands at -$9.85 or -3.68% at last look, the market valuation stands at $80.67B. CEG’s current price is a discount, trading about -36.5% off its 52-week high of $352.00. The share price had its 52-week low at $132.93, which suggests the last value was 48.45% up since then.
Analysts gave the Constellation Energy Corporation (CEG) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.79. If we narrow down to specifics, the data shows that 0 out of 9 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended CEG as a Hold, 6 felt it is a Buy and 0 rated the stock as Underweight. Constellation Energy Corporation’s EPS for the current quarter is expected to be 2.21.
Constellation Energy Corporation (NASDAQ:CEG) trade information
Instantly CEG was in red as seen in intraday trades today. With action -20.80%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 15.27%, with the 5-day performance at -20.80% in the red. However, in the 30-day time frame, Constellation Energy Corporation (NASDAQ:CEG) is -25.78% down.
The consensus price target for the stock as assigned by Wall Street analysts is 271.5, meaning bulls need an upside of 5.02% from its recent market value. According to analyst projections, CEG’s forecast low is 234 with 313 as the target high. To hit the forecast high, the stock’s price needs a -21.38% plunge from its current level, while the stock would need to tank 9.26% for it to hit the projected low.
Constellation Energy Corporation (CEG) estimates and forecasts
Year-over-year growth is forecast to reach -1.94% down from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 5.24B. 2 analysts are of the opinion that Constellation Energy Corporation’s revenue for the current quarter will be 5.65B. The company’s revenue for the corresponding quarters a year ago was 6.16B and 5.47B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -15.02%. The estimates for the next quarter sales put growth at 3.24%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 28.15%. The 2025 estimates are for Constellation Energy Corporation earnings to increase by 6.12%, but the outlook for the next 5-year period is at 9.91% per year.
CEG Dividends
Constellation Energy Corporation is expected to release its next quarterly earnings report in March. The 0.55% annual yield figure for the share gives it an annual dividend of 1.41. It is important to note, however, that the 0.55% 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.
Constellation Energy Corporation (NASDAQ:CEG)’s Major holders
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 11.5438% or 36.59 million shares worth $7.33 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. With 9.98 shares estimated at $2.54 billion under it, the former controlled 3.19% of total outstanding shares. On the other hand, Vanguard 500 Index Fund held about 2.62% of the shares, roughly 8.19 shares worth around $2.08 billion.
