Clearway Energy (NYSE: CWEN) is one of 71 publicly-traded companies in the “Electric services” industry, but how does it weigh in compared to its competitors? We will compare Clearway Energy to similar businesses based on the strength of its dividends, institutional ownership, earnings, risk, analyst recommendations, profitability and valuation.
Insider & Institutional Ownership
29.0% of Clearway Energy shares are owned by institutional investors. Comparatively, 61.5% of shares of all “Electric services” companies are owned by institutional investors. 0.2% of Clearway Energy shares are owned by company insiders. Comparatively, 2.5% of shares of all “Electric services” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
This table compares Clearway Energy and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Clearway Energy Competitors||8.30%||9.74%||2.59%|
Valuation and Earnings
This table compares Clearway Energy and its competitors top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Clearway Energy||$1.01 billion||-$8.00 million||24.21|
|Clearway Energy Competitors||$8.55 billion||$475.99 million||12.53|
Clearway Energy’s competitors have higher revenue and earnings than Clearway Energy. Clearway Energy is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
Volatility & Risk
Clearway Energy has a beta of 2.21, indicating that its stock price is 121% more volatile than the S&P 500. Comparatively, Clearway Energy’s competitors have a beta of -0.04, indicating that their average stock price is 104% less volatile than the S&P 500.
Clearway Energy pays an annual dividend of $1.28 per share and has a dividend yield of 6.5%. Clearway Energy pays out 158.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Electric services” companies pay a dividend yield of 3.6% and pay out 72.2% of their earnings in the form of a dividend.
This is a breakdown of current recommendations and price targets for Clearway Energy and its competitors, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Clearway Energy Competitors||551||2699||2270||71||2.33|
As a group, “Electric services” companies have a potential upside of 7.58%. Given Clearway Energy’s competitors higher possible upside, analysts clearly believe Clearway Energy has less favorable growth aspects than its competitors.
Clearway Energy competitors beat Clearway Energy on 9 of the 12 factors compared.
About Clearway Energy
Clearway Energy, Inc., through its subsidiaries, acquires, owns, and operates contracted renewable and conventional generation, and thermal infrastructure assets in the United States. As of December 31, 2017, it had contracted renewable and conventional generation portfolio of 5,118 net megawatt (MW). The company also owns thermal infrastructure assets with an aggregate steam and chilled water capacity of 1,319 net MW thermal equivalents, and electric generation capacity of 123 net MW. Its thermal infrastructure assets provide steam, hot water and/or chilled water, and electricity to commercial businesses, universities, hospitals, and governmental units. The company was founded in 2012 and is based in Princeton, New Jersey. NRG Yield, Inc. is a subsidiary of Global Infrastructure Partners.
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