The Constellation Energy Corporation (CEG) is currently priced at $307.75, reflecting a decrease of $7.42 (-2.36%) from the previous close of $315.17. Trading volume stands at $568,618, representing a 16.76% deviation from the average.
CEG has shown a positive streak over four consecutive days, with a price increase of $30.05 (10.82%), starting at $277.7.
On Monday, February 23rd, CEG reported earnings with a consensus estimate EPS of 2.28.
CEG offers a forward dividend yield of 0.554%, with a dividend per share MRQ of 42.65 cents. The year-over-year dividend per share has increased by 10.0142 cents to $1.59 TTM.
Recently, Raymond James maintained CEG's "Outperform" grade, with the price at $313.51. The recommendation remains "hold."
CEG's cash flow indicates a net change of -$343 million, with operating cash flow at $805 million and debt repayment of $40 million.
CEG reported revenue of $5.46 billion, gross profit of $15.7 billion, and a net income of $432 million, resulting in an EPS of $1.38.
Key ratios for CEG include a net profit margin of 7.91%, return on equity of 2.98%, and a price-to-earnings ratio of 63.99.
The company's total assets amount to $57.25 billion, with total liabilities at $42.40 billion, indicating a solid financial position.
This report provides a comprehensive overview of CEG's current financial status and performance in the market.
Constellation Energy Corporation generates and sells electricity in the United States. The company operates through five segments: Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions. It sells natural gas, renewable energy, and other energy-related products and services. The company has 32,400 megawatts of generating capacity consisting of nuclear, wind, solar, natural gas, and hydroelectric assets. It serves distribution utilities; municipalities; cooperatives; and commercial, industrial, governmental, and residential customers. The company was incorporated in 2021 and is headquartered in Baltimore, Maryland. Constellation Energy Corporation was formerly a subsidiary of Exelon Corporation.