Clearway Energy, Inc. (NYSE:CWEN – Get Free Report) announced a quarterly dividend on Monday, November 9th. Shareholders of record on Tuesday, December 1st will be paid a dividend of $0.4824 per share on Tuesday, December 15th. This represents a $1.93 dividend on an annualized basis and a yield of 5.6%. The ex-dividend date of this dividend is Tuesday, December 1st. This is a 1.6% increase from Clearway Energy’s previous quarterly dividend of $0.4750.
Clearway Energy has increased its dividend payment by an average of 0.1% per year over the last three years and has raised its dividend every year for the last 2 years. Clearway Energy has a dividend payout ratio of 172.7% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect Clearway Energy to earn $0.60 per share next year, which means the company may not be able to cover its $1.90 annual dividend with an expected future payout ratio of 316.7%.
Clearway Energy Price Performance
Shares of NYSE:CWEN opened at $34.71 on Tuesday. The company has a debt-to-equity ratio of 1.55, a quick ratio of 1.02 and a current ratio of 1.11. The company has a market capitalization of $7.13 billion, a P/E ratio of 45.67 and a beta of 0.81. Clearway Energy has a fifty-two week low of $28.57 and a fifty-two week high of $41.74. The company’s 50-day moving average is $31.18 and its 200 day moving average is $35.54.
Clearway Energy (NYSE:CWEN – Get Free Report) last issued its quarterly earnings results on Monday, November 9th. The company reported $0.42 EPS for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.41). Clearway Energy had a net margin of 5.78% and a return on equity of 1.60%. The firm had revenue of $522.00 million for the quarter, compared to analysts’ expectations of $513.11 million. On average, equities research analysts forecast that Clearway Energy will post -0.29 earnings per share for the current year.
Clearway Energy News Summary
Here are the key news stories impacting Clearway Energy this week:
- Positive Sentiment: Clearway set 2027 cash available for distribution (CAFD) guidance of $520 million to $590 million and a 2031 target of $3.20 to $3.40 in CAFD per share. The targets may support investor confidence in the company’s longer-term cash generation. Clearway outlines CAFD guidance and 2031 target
- Positive Sentiment: The company raised its quarterly dividend 1.6%, from $0.4750 to $0.4824 per share, equivalent to $1.93 annualized and a stated 5.6% yield. The dividend increase may appeal to income-focused investors.
- Positive Sentiment: Clearway reported $173 million in third-quarter CAFD and reaffirmed its 2026 guidance. It also cited progress on fleet repowerings and new capacity contracts, committed investments in Swan Solar and Honeycomb 2, and a sponsor-developed pipeline of about 16 GW. Clearway Energy third-quarter 2026 results
- Negative Sentiment: Third-quarter EPS was $0.42, below estimates: Zacks cited a $0.46 consensus, while another reported consensus was $0.83. EPS also fell from $2.00 a year earlier, a potential concern despite revenue of $522 million exceeding the estimate of $513.11 million. Clearway Energy misses Q3 earnings estimates
About Clearway Energy
Clearway Energy, Inc owns and operates electricity-generation facilities in the United States. Its portfolio includes renewable energy assets, primarily wind and solar, as well as energy storage and conventional power-generation and thermal infrastructure.
The company sells electricity and related services to utilities and other customers, often through long-term contractual arrangements. Its facilities are located across multiple U.S. regions.
Clearway Energy was formerly known as NRG Yield, Inc and adopted its current name in 2018.
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