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 rivals? We will compare Clearway Energy to related businesses based on the strength of its earnings, analyst recommendations, dividends, valuation, risk, profitability and institutional ownership.
Volatility & Risk
Clearway Energy has a beta of 1.83, meaning that its share price is 83% more volatile than the S&P 500. Comparatively, Clearway Energy’s rivals have a beta of -0.02, meaning that their average share price is 102% less volatile than the S&P 500.
This table compares Clearway Energy and its rivals gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Clearway Energy||$1.01 billion||-$8.00 million||24.43|
|Clearway Energy Competitors||$8.86 billion||$497.07 million||11.90|
Clearway Energy’s rivals have higher revenue and earnings than Clearway Energy. Clearway Energy is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.
Insider and Institutional Ownership
28.7% of Clearway Energy shares are held by institutional investors. Comparatively, 61.3% of shares of all “Electric services” companies are held by institutional investors. 0.2% of Clearway Energy shares are held by insiders. Comparatively, 2.5% of shares of all “Electric services” companies are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
This table compares Clearway Energy and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Clearway Energy Competitors||8.24%||10.49%||2.74%|
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 3.4% and pay out 71.4% of their earnings in the form of a dividend.
This is a summary of current ratings and target prices for Clearway Energy and its rivals, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Clearway Energy Competitors||555||2713||2277||71||2.33|
As a group, “Electric services” companies have a potential upside of 4.36%. Given Clearway Energy’s rivals higher probable upside, analysts plainly believe Clearway Energy has less favorable growth aspects than its rivals.
Clearway Energy rivals beat Clearway Energy on 9 of the 12 factors compared.
Clearway Energy Company Profile
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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