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How to Buy Clearway Energy Stock

Clearway Energy Inc

Clearway Energy, Inc. , through its subsidiaries, acquires, owns, and operates contracted renewable energy and conventional generation, and thermal infrastructure assets in the United States.

Clearway Energy stock last closed at $29.36, up 0.1% from the previous day, and has increased 17.58% in one year. It has overperformed other stocks in the Utilities - Renewable industry by 0.1 percentage points. Clearway Energy stock is currently +57.93% from its 52-week low of $18.59, and -1.71% from its 52-week high of $29.87.

At the moment, there are 202.14M CWEN shares outstanding. The market capitalization of CWEN is $5.93B. In the past 24 hours, 753,581 CWEN shares were traded.

How to Buy Clearway Energy Stock

Not sure how to invest in Clearway Energy stock? Here's how.
  1. Choose where to buy Clearway Energy stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you decide where to buy Clearway Energy stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Put funds into your investment account: Choose your method of payment and add your details.
  4. Analyze Clearway Energy stock: The Clearway Energy ticker symbol is CWEN. Is Clearway Energy stock a good investment? Should you buy shares of CWEN? How do CWEN's underlying business fundamentals look? Do top analysts think Clearway Energy is a good buy? Why has CWEN's stock price moved recently? (Hint: Our stock analysis website can help you figure out if CWEN is a good stock to buy).
  5. Make your CWEN purchase: Decide if you will purchase CWEN shares at the current market price or use a limit order to buy CWEN stock at a particular price.
  6. Get the latest news on your CWEN investment: Create a watchlist to watch your investment in Clearway Energy shares.

Step 1: Choose where to buy Clearway Energy stock

You need an online brokerage account to access the NYSE market and buy CWEN shares.

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Step 2: Sign up for your brokerage account

Now that you've selected your brokerage, you'll need to fill out some personal info so you are able to buy CWEN today.

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Step 3: Put funds into your investment account

Now that you've opened your account on the highest rated app to buy and sell stocks, your next step is to transfer the money for your investment:

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Step 4: Analyze Clearway Energy stock

Once you have identified the best place to buy Clearway Energy stock, it's very important to evaluate their stock prior to investing, so you truly understand the risk and opportunity.

Clearway Energy stock data

CWEN Price
$29.36
1w %
6.45%
1y %
17.58%
5y %
61.32%
P/E
39.15x
P/B
2.76x
P/S
2.75x
PEG
7.29x
Revenue
$1.25B
Earnings
$90.00M
Fore. Rev. Growth
12.17%
Fore. Earn. Growth
5.37%
Market Cap
$5.93B
Next Earnings
Oct 31, 2024
Next Dividend
N/A

Fundamentals of Clearway Energy

WallStreetZen was built to help average investors do better fundamental analysis in less time.

You can see all of the due diligence checks on CWEN's stock page.

Is CWEN stock undervalued?

Analysts use many financial metrics, analyses, models, and charts to gauge CWEN's true value.

Using relative valuations metrics:

  • CWEN may be overvalued based on its P/E ratio of 39.15x, relative to Utilities - Renewable industry P/E ratio of 12.85x
  • CWEN could be undervalued based on its P/B ratio of 2.76x, relative to Utilities - Renewable industry P/B ratio of 3.57x
  • CWEN could be overvalued based on its PEG ratio of 7.29x

You can access more valuation research on CWEN's stock here.

CWEN Financial Summary

Pros:

  • CWEN profit margin has gone up from 6.3% to 7.2% in the past year.
  • There are more short-term assets than short-term liabilities on the CWEN balance sheet.

Cons:

  • Total CWEN debt is higher than 5 years ago, relative to shareholder equity.
  • CWEN has a relatively high debt to equity ratio of 4.09.
  • CWEN's operating cash flow of $770.00M allows it to safely service it's debt of $7.84B.
  • There are more long-term liabilities than short-term assets on the CWEN balance sheet.
  • CWEN earnings of $403.00M is not sufficient to cover its interest payments.

Is Clearway Energy stock a Buy, Hold, or Sell, according to analysts?

Out of 3 sell side analysts who give ratings on CWEN, the consensus analyst rating on CWEN is a Strong Buy

Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dive deeper into what analysts are forecasting on the Clearway Energy stock forecast page.

Metrics for Advanced CWEN Traders

SMA10
28.3
SMA20
28.54
SMA50
27.54
SMA100
26.75
SMA200
25.37
MACD
0.29
MACD Signal
0.23
MACD Histogram
0.05
RSI
62.68
Stochastic %K
88.94
Stochastic %D
78.43
StochRSI %K
93.91
StochRSI %D
76.6

Is CWEN Growing Revenue?

Last year, CWEN earnings were $90.00M. Over the past 4 year, CWEN's earnings have gone up by 13.62% per year. This was slower than the Utilities - Renewable industry average of 78.03%.

Last year, CWEN revenue was $1.25B. Over the past 5 year, CWEN's revenue has grown by 4.09% per year. This was slower than the Utilities - Renewable industry average of 12.92%.

Find out more about CWEN's earnings and revenue performance here.

What are CWEN insiders up to?

In the last year, insiders at CWEN have sold more shares than they have bought.

E. Stanley Oneal, Director of CWEN, was the latest CWEN insider to buy. They bought $85,044.00 worth of CWEN shares on Aug 9, 2024.

Dig into more about who owns CWEN stock here.

Does CWEN provide a stable income stream?

Clearway Energy pays a dividend of 4.14%, compared to the Utilities - Renewable industry's average dividend yield of 6.45%. If you owned $1,000 of CWEN stock, you would have been paid $41.44 last year.

Clearway Energy dividend payments have consistently grown over the past decade but have not remained stable.

Get more data about Clearway Energy dividend yield and history here.

CWEN Social Trading Data

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Step 5: Make your CWEN purchase

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are usually the best for newer investors.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at an exact price limit, use a limit order.

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Step 6: Get the latest news on your CWEN investment

Now that you own some CWEN shares, you'll want to stay up-to-date on your new investment.

Create a watchlist to track the most important metrics related to your CWEN stock.

CWEN Feed

How to Buy Stock in Clearway Energy

To reiterate, here are the 6 steps to buy Clearway Energy stock:

  1. Choose where to buy Clearway Energy stock
  2. Sign up for your brokerage account
  3. Put funds into your investment account
  4. Analyze Clearway Energy stock
  5. Make your CWEN purchase
  6. Get the latest news on your CWEN investment

If you need a online brokerage, eToro is our favorite venue.

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If you would like to watch your new investment in Clearway Energy, click below.

NYSE: CWEN
$29.36+0.03 (+0.1%)
Updated Sep 17, 2024
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NYSE: CWEN
$29.36+0.03 (+0.1%)
Updated Sep 17, 2024
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FAQ

How much does it cost to buy one Clearway Energy share?

As of Sep 17, 2024, it costs $29.36 to buy one share of Clearway Energy stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.341 shares of CWEN.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Clearway Energy stock?

According to 3 Wall Street analysts who monitor Clearway Energy, their consensus recommendation is to buy Clearway Energy stock.

What is the best way to buy Clearway Energy stock?

One way to place an order for Clearway Energy stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.