Clearway Energy (NYSE:CWEN) Issues Quarterly Earnings Results, Misses Expectations By $0.41 EPS

Clearway Energy (NYSE:CWEN) issued its quarterly earnings data on Monday. The company reported $0.42 EPS for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.41), Zacks reports. The firm had revenue of $522.00 million during the quarter, compared to analyst estimates of $513.11 million. Clearway Energy had a negative net margin of 5.64% and a negative return on equity of 1.66%.

Here are the key takeaways from Clearway Energy’s conference call:

• Clearway reiterated its 2026 CAFD guidance of $430 million–$470 million and initiated 2027 guidance of $520 million–$590 million. It also set a 2031 CAFD-per-share target of $3.20–$3.40, representing 7%–8%+ annual growth from its 2025 baseline.
• The company reported a growing pipeline of approximately 6.4 GW of identified investment opportunities, with about 75% of the capital needed for its 2031 target already commercialized. Management said the 2026–2030 capital plan totals roughly $4.1 billion, with investment expected to accelerate after 2026.
• Longer-term contracts for Clearway’s Flexible Generation fleet—an eight-year agreement and a forthcoming 10-year contract—are expected to support CAFD well into the next decade. The company also expects to deploy at least 90% of its planned $650 million repowering investment through 2027.
• Management described digital-infrastructure energy complexes, including the Wilcox project, as potential upside to its 2031 targets, with first generating capacity targeted for 2029. Wilcox has secured key permits, ordered long-lead equipment, and signed a letter of intent with a hyperscaler, but the opportunity is not yet included in the core targets.
• To fund growth and refinance debt, Clearway expects to use retained cash flow, at least $2 billion of corporate debt, and planned equity issuance; it says it will maintain a BB rating and 4–4.5x leverage. The company has also hedged some near-term financing needs, while future funding costs and equity issuance remain relevant considerations.

Clearway Energy Price Performance

Shares of NYSE CWEN opened at $34.38 on Wednesday. The business has a fifty day moving average price of $31.24 and a two-hundred day moving average price of $35.53. The stock has a market capitalization of $7.06 billion, a PE ratio of -41.92 and a beta of 0.81. The company has a debt-to-equity ratio of 1.55, a current ratio of 1.11 and a quick ratio of 1.02. Clearway Energy has a fifty-two week low of $28.57 and a fifty-two week high of $41.74.

Clearway Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be issued a $0.4824 dividend. The ex-dividend date of this dividend is Tuesday, December 1st. This represents a $1.93 annualized dividend and a yield of 5.6%. This is a boost from Clearway Energy’s previous quarterly dividend of $0.4750. Clearway Energy’s payout ratio is presently -231.71%.

Wall Street Analyst Weigh In

CWEN has been the subject of a number of research reports. Seaport Research Partners dropped their target price on Clearway Energy from $41.00 to $40.00 and set a “buy” rating for the company in a report on Friday, October 2nd. Wall Street Zen upgraded shares of Clearway Energy from a “sell” rating to a “hold” rating in a research note on Saturday, August 29th. Canadian Imperial Bank of Commerce set a $42.00 price target on shares of Clearway Energy in a research report on Friday, July 17th. Zacks Research upgraded shares of Clearway Energy from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 19th. Finally, Weiss Ratings downgraded shares of Clearway Energy from a “hold (c)” rating to a “sell (d+)” rating in a report on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $42.00.

Clearway Energy Company Profile

Clearway Energy, Inc. owns and operates electricity-generation facilities in the United States. Its portfolio includes renewable energy assets, primarily wind and solar, as well as energy storage and conventional power-generation and thermal infrastructure. The company sells electricity and related services to utilities and other customers, often through long-term contractual arrangements. Its facilities are located across multiple U.S. regions. Clearway Energy was formerly known as NRG Yield, Inc. and adopted its current name in 2018.