How to Buy Constellation Energy Stock
Constellation Energy Corp
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.
Constellation Energy stock last closed at $186.65, up 0.67% from the previous day, and has increased 148.73% in one year. It has overperformed other stocks in the Utilities - Renewable industry by 1.54 percentage points. Constellation Energy stock is currently +151.65% from its 52-week low of $74.17, and -6.13% from its 52-week high of $198.83.
As of Apr 16, 2024, there are 316.67M CEG shares outstanding. The market capitalization of CEG is $59.11B. In the last 24 hours, 2.98M CEG shares were traded.
How to Buy Constellation Energy Stock
Not sure how to invest in Constellation Energy stock? Here's how.
- Choose where to buy Constellation Energy stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you choose where to buy Constellation Energy stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Pick your method of payment and add your details.
- Analyze Constellation Energy stock: The Constellation Energy ticker symbol is CEG. Is Constellation Energy stock a good investment? Should you buy shares of CEG? How do CEG's underlying business fundamentals look? Do top analysts think Constellation Energy is a good buy? Why has CEG's stock price moved recently? (Hint: Our stock research website can help you figure out if CEG is a good stock to buy).
- Place your CEG buy order: Decide if you will purchase CEG shares at the current market price or use a limit order to buy CEG shares at a given price.
- Get notifications regarding your CEG investment: Create a watchlist to keep tabs on your position in Constellation Energy shares.
Step 1: Choose where to buy Constellation Energy stock
You will need a brokerage account in order to access the NASDAQ market and buy CEG stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen your brokerage, you need to fill out some personal information so you can buy CEG stock today.
How to Set Up 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 details to start your new brokerage account.
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Step 3: Deposit money your investment account
Now that you have created your account on a good online stock trading app, your next step is to transfer the money for your investment:
Watch this video walkthrough if you need help transferring money into your brokerage account.
Step 4: Analyze Constellation Energy stock
Once you have figured out the best place to buy Constellation Energy stock, it's absolutely critical to analyze their stock prior to buying, so you truly comprehend the risk and upside.
Overview of key CEG info
CEG Overview
WallStreetZen was designed to help everyday investors perform more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on CEG's stock page.
How is CEG stock valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge CEG's intrinsic value.
Using relative valuations metrics:
- CEG could be overvalued based on its P/E ratio of 37.18x, relative to Utilities - Renewable industry P/E ratio of 30.78x
- CEG may be overvalued based on its P/B ratio of 5.37x, relative to Utilities - Renewable industry P/B ratio of 2.52x
- CEG may be overvalued based on its PEG ratio of 2.34x
You can access additional valuation analysis on CEG's stock here.
CEG Financials at a glance
Passed Financial Due Diligence Checks:
- CEG profit margin has gone up from -0.7% to 6.5% in the past year.
- There are more short-term assets than short-term liabilities on the CEG balance sheet.
Failed Financial Due Diligence Checks:
- CEG has a relatively high debt to equity ratio of 3.57.
- There are more long-term liabilities than short-term assets on the CEG balance sheet.
- CEG has cash burn of 7810000000. It does not have enough cash and short-term investments to cover this.
- CEG has $1.62B in cash and short term investments. This is not enough to cover its annual cash burn of $7.81B.
Do Wall Street analysts think it's a good time to buy Constellation Energy stock
Out of 5 sell side analysts who give recommendations on CEG, the consensus analyst rating on CEG is a Strong Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Constellation Energy stock forecast page.
CEG Technical Indicators
How are CEG Revenues/Earnings doing?
Last year, CEG revenue was $24.92B. Over the last 5 year, CEG's revenue has increased by 4.04% per year. This was slower than the Utilities - Renewable industry average of 10.49%.
Dig into CEG's earnings and revenue performance here.
What are CEG executives and large shareholders up to?
Over the last 12 months, executives and large shareholders at CEG have sold more shares than they have bought.
Khandpur K. Ashish, Director of CEG, was the latest CEG insider to buy. They bought $42,585.27 worth of CEG shares on Mar 31, 2024.
Dig into more about who owns CEG shares here.
Does CEG stock generate passive income?
No, Constellation Energy doesn't provide an income stream by paying out dividends.
What do other traders have to say about CEG?
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Place your CEG buy order
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally the best for newer investors. - Limit order: A limit order is an order 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 specific price, use a limit order.
Click the Open button and your broker will execute your order.
If you want more assistance investing in stocks on eToro, click the how to video below:
Step 6: Get notifications regarding your CEG investment
Now that you own some shares in CEG, you'll want to stay up-to-date on your shares.
Add CEG to a watchlist to track the latest developments regarding your CEG stock.
CEG Feed
How to Buy Stock in Constellation Energy
To summarize, here are the 6 steps to buy stock in Constellation Energy:
- Choose where to buy Constellation Energy stock
- Sign up for a brokerage account
- Deposit money your investment account
- Analyze Constellation Energy stock
- Place your CEG buy order
- Get notifications regarding your CEG investment
If you need a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get notifications regarding your investment in Constellation Energy, add CEG to your watchlist by clicking the button below.
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