Constellation Energy Corporation (NASDAQ:CEG) has a beta value of 1.02 and has seen 0.46 million shares traded in the recent trading session. The company, currently valued at $65.01B, closed the recent trade at $207.51 per share which meant it gained $0.57 on the day or 0.28% during that session. The CEG stock price is -69.63% off its 52-week high price of $352.00 and 25.02% above the 52-week low of $155.60. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.59 million shares traded. The 3-month trading volume is 4.80 million shares.
The consensus among analysts is that Constellation Energy Corporation (CEG) is Buy stock at the moment, with a recommendation rating of 1.79. 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 2.17.
Constellation Energy Corporation (NASDAQ:CEG) trade information
Sporting 0.28% 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 $207.51 or saw a rise of 4.62%. Year-to-date, Constellation Energy Corporation shares have moved -7.24%, while the 5-day performance has seen it change -4.36%. Over the past 30 days, the shares of Constellation Energy Corporation (NASDAQ:CEG) have changed -10.42%. Short interest in the company has seen 7.9 million shares shorted with days to cover at 1.55.
Wall Street analysts have a consensus price target for the stock at $246.5, which means that the shares’ value could jump 15.82% from the levels at last check today. The projected low price target is $234.0 while the price target rests at a high of $284.0. In that case, then, we find that the latest price level in today’s session is -36.86% off the targeted high while a plunge would see the stock gain -12.77% from the levels at last check today.
Constellation Energy Corporation (CEG) estimates and forecasts
The company’s shares have lost -20.19% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -1.15%.
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 -1.15% 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 7.33% while over the next 5 years, the company’s earnings are expected to increase by 10.98%.
CEG Dividends
Constellation Energy Corporation is expected to release its next earnings report on 2025-Feb-17 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 0.70%. The company’s dividend yield has gone up over the past 12 months.
Constellation Energy Corporation (NASDAQ:CEG)’s Major holders
Insiders own 0.25% of the company shares, while shares held by institutions stand at 84.33% with a share float percentage of 84.55%. Investors are also buoyed by the number of investors in a company, with Constellation Energy Corporation having a total of 1976.0 institutions that hold shares in the company. 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 INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund. As of Dec 31, 2024, the former fund manager holds about 3.15% shares in the company for having 9.88 shares of worth $2.05 billion while later fund manager owns 8.47 shares of worth $1.76 billion as of Dec 31, 2024, which makes it owner of about 2.70% of company’s outstanding stock.
