Clearway Energy, Inc. (NYSE:CWEN) is reporting third quarter earnings results on Thursday 5th November 2020, before market open.
Stock Performance
Shares of Clearway Energy, Inc. traded low $ -1.20 or -4.04 percent on Wednesday, reaching $ 28.47 with volume of 648.60 thousand shares. Clearway Energy, Inc. has traded high as $ 29.98 and has cracked $ 28.34 on the downward trend
The closing price of $ 28.47, representing a 84.06 % increase from the 52 week low of $ 16.12 and a 4.29 % decrease over the 52 week high of $ 31.00.
The company has a market capital of $ 5.50 billion and is part of the Utilities sector and Utilities – Regulated Electric industry.
Recent Analyst recommendations
- On 8th September 2020, initiated by Seaport Global Securities at Buy rating, with $ 26.00 target price.
Recent Stock Dividend Announcement
On July 30, 2020, the board of directors authorized quarterly dividend of $ 0.3125 per share to holders of record as of the close of business on September 1, 2020, with payment date of September 15, 2020 and ex-dividend date on August 31, 2020.
Conference Call
Clearway Energy, Inc. will be hosting a conference call at 8:00 AM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website investor.clearwayenergy.com
Clearway Energy, Inc., through its subsidiaries, acquires, owns, and operates contracted renewable energy and conventional generation, and thermal infrastructure assets in the United States. As of December 31, 2018, it had contracted generation portfolio of 5,272 net megawatts (MWs) of wind, solar, and natural gas-fired power generation facilities, as well as district energy systems. The company also owns thermal infrastructure assets with an aggregate steam and chilled water capacity of 1,385 net MW thermal equivalents; and electric generation capacity of 133 net MWs.
