Constellation Energy Corporation (NASDAQ:CEG) has a beta value of 1.02 and has seen 1.16 million shares traded in the recent trading session. The company, currently valued at $63.86B, closed the recent trade at $204.12 per share which meant it gained $1.91 on the day or 0.94% during that session. The CEG stock price is -72.45% off its 52-week high price of $352.00 and 23.77% above the 52-week low of $155.60.
The consensus among analysts is that Constellation Energy Corporation (CEG) is Buy stock at the moment, with a recommendation rating of 1.88. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 3 out of 9 have rated it as a Hold, with 6 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 2.21.
Constellation Energy Corporation (NASDAQ:CEG) trade information
Sporting 0.94% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the CEG stock price touched $204.12 or saw a rise of 12.6%. Year-to-date, Constellation Energy Corporation shares have moved -8.76%, while the 5-day performance has seen it change -11.88%. Over the past 30 days, the shares of Constellation Energy Corporation (NASDAQ:CEG) have changed -34.11%.
Wall Street analysts have a consensus price target for the stock at $271.5, which means that the shares’ value could jump 24.82% from the levels at last check today. The projected low price target is $234.0 while the price target rests at a high of $313.0. In that case, then, we find that the latest price level in today’s session is -53.34% off the targeted high while a plunge would see the stock gain -14.64% from the levels at last check today.
Constellation Energy Corporation (CEG) estimates and forecasts
The company’s shares have gained 17.91% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -1.67%.
2 analysts offering their estimates for the company have set an average revenue estimate of 5.24B for the current quarter. 2 have an estimated revenue figure of 5.65B for the next ending quarter. Year-ago sales stood 6.16B and 5.47B respectively for this quarter and the next, and analysts expect sales will shrink by -15.02% for the current quarter and -1.67% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 28.15% over the past 5 years. Earnings growth for 2025 is a modest 6.46% while over the next 5 years, the company’s earnings are expected to increase by 10.30%.
CEG Dividends
Constellation Energy Corporation is expected to release its next earnings report in April this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 1.45 at a share yield of 0.71%. The company’s dividend yield has gone up over the past 12 months.
Constellation Energy Corporation (NASDAQ:CEG)’s Major holders
The top two institutional holders are AUSTIN PRIVATE WEALTH, LLC with over 40.0 million shares worth more than $801.0. As of 2024-06-30, AUSTIN PRIVATE WEALTH, LLC held 12.6984% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 36.59 million shares as of 2024-06-30. The firm’s total holdings are worth over $7.33 billion and represent 11.5438% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. As of Dec 31, 2024, the former fund manager holds about 3.16% shares in the company for having 9.88 shares of worth $2.06 billion while later fund manager owns 8.47 shares of worth $1.77 billion as of Dec 31, 2024, which makes it owner of about 2.71% of company’s outstanding stock.
