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 $23.33, down 0.21% from the previous day, and has decreased 23.1% in one year. It has underperformed other stocks in the Utilities - Renewable industry by 0.27 percentage points. Clearway Energy stock is currently +25.5% from its 52-week low of $18.59, and -26.45% from its 52-week high of $31.72.
At the moment, there are 202.08M CWEN shares outstanding. The market capitalization of CWEN is $4.71B. In the past 24 hours, 1.3M CWEN shares were traded.
How to Buy Clearway Energy Stock
Not sure how to invest in Clearway Energy stock? Here's how.
- 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.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Choose your method of payment and add your details.
- 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).
- 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.
- 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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Open eToro AccountStep 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.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to open your new trading account.
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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:
Check out the tutorial below for more details transferring funds into your brokerage account.
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
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 34.82x, relative to Utilities - Renewable industry P/E ratio of 30.27x
- CWEN could be undervalued based on its P/B ratio of 2.24x, relative to Utilities - Renewable industry P/B ratio of 2.62x
You can access additional valuation research on CWEN's stock here.
CWEN Financial Health
Pros:
- There are more short-term assets than short-term liabilities on the CWEN balance sheet.
Cons:
- CWEN's operating cash flow of $702.00M allows it to safely service it's debt of $8.66B.
- CWEN has a relatively high debt to equity ratio of 4.62.
- Total CWEN debt is higher than 5 years ago, relative to shareholder equity.
- CWEN earnings of $414.00M is not sufficient to cover its interest payments.
- There are more long-term liabilities than short-term assets on the CWEN balance sheet.
- CWEN profit margin has gone down from 48.9% to 6% in the past year.
Do Wall Street analysts think it's a good time to buy CWEN stock
Out of 3 Equities analysts who research CWEN, the consensus analyst rating on Clearway Energy is a Hold
Please note that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Clearway Energy stock forecast page.
CWEN Momentum
CWEN Revenue
Last year, CWEN earnings were $79.00M. Over the past 5 year, CWEN's earnings have grown by 7.81% per year. This was faster than the Utilities - Renewable industry average of 3.71%.
Last year, CWEN revenue was $1.31B. Over the last 5 year, CWEN's revenue has gone up by 4.53% per year. This was slower than the Utilities - Renewable industry average of 10.53%.
Dig into CWEN's earnings and revenue performance here.
What are CWEN insiders up to?
In the past year, executives and large shareholders at CWEN have sold more shares than they have bought.
Global Infrastructure Investors Iii LLC, Director of CWEN, was the latest CWEN insider to buy. They bought $2,159.04 worth of CWEN stock on Apr 15, 2024.
Research more about who owns CWEN stock here.
Does CWEN stock generate passive income?
Clearway Energy pays a dividend of 6.73%, compared to the Utilities - Renewable industry's average dividend yield of 4.72%. If you owned $1,000 worth of CWEN stock, you would have received $67.32 in the past 12 months.
Clearway Energy dividend payments have consistently grown over the past decade but have not remained stable.
Get more info about Clearway Energy dividend yield and history here.
What others are saying about CWEN
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Make your CWEN purchase
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually sufficient. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given price, place a limit order.
Click the Open button and eToro will place the order.
If you want more assistance buying stocks on eToro, click the how to video below:
Step 6: Get the latest news on your CWEN investment
Now that you own some shares in CWEN, you'll want to stay up-to-date on your new investment.
Create a watchlist to keep track of your CWEN stock.
CWEN Feed
How to Buy Stock in Clearway Energy
To summarize, here are the 6 steps for buying Clearway Energy stock:
- Choose where to buy Clearway Energy stock
- Sign up for your brokerage account
- Put funds into your investment account
- Analyze Clearway Energy stock
- Make your CWEN purchase
- Get the latest news on your CWEN investment
If you are looking for a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep an eye on your new investment in Clearway Energy, click the button below.
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