Shares of Constellation Energy Corporation (CEG) have rallied 86.4% over the past year compared with its industry's growth of 28.7%. CEG continues to add clean energy to the grid through its efficient operation of nuclear plants and extending the lives of existing plants through new licenses. The solid year-to-date performance of Constellation Energy allowed it to increase its guidance for 2024 earnings per share. The CEG stock has also outperformed its sector and the S&P 500 over the past year. One-Year Pr ...

With cooling inflation and moderating economic growth, the current economic environment strongly suggests that the Federal Reserve is on the verge of cutting interest rates. Market analysts are currently pricing an 80% chance of a rate cut. This potential shift in monetary policy has significant implications for the stock market, creating opportunities for savvy investors. Get PayPal alerts: Understanding Interest Rate Adjustments and Their Market Impact Interest rate cuts are a tool used by central banks, ...

Key Takeaways Power demand for data centers is expected to triple by 2030, driven by artificial intelligence (AI), Mizuho Research analysts projected. The analysts said electric utilities companies like Constellation Energy, Duke Energy, and NextEra Energy could be poised to benefit, as well as infrastructure providers like Equinix. Renewable energy demand is also expected to grow, with First Solar, GE Vernova, and Nextracker among the companies that could gain. Natural gas demand is expected to rise in the ...

Energy stock Constellation Energy Corp (NASDAQ:CEG) just saw a hard bounce at its final large put strike earlier this week, and now has taken back the peak put at the $180 area. The stock has climbed over 60% in 2024 already, seeing a pivot level at $182. CEG is also breaking above the 20-day moving average, while the 5- and 10-day moving averages curl below. To top off the outperformance, Constellation Energy posted strong seasonal data for the third quarter this past Tuesday, Aug. 6. Short-term options tr ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Let's take a look at what these Wall Street heavyweights have to say about Constellation Energy Corporation (CEG) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Constellation Ener ...

Investors might want to bet on Constellation Energy Corporation (CEG) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years i ...

Constellation Energy Today | --- | --- | |--------------------------|-------| | | | | | | | CEG | | | Constellation Energy | | | $186.25 +5.21 (+2.88%) | | | 52-Week Range | | | $102.40 ▼ | | | $236.30 | | | Dividend Yield 0.76% | | | P/E Ratio 24.87 | | | Price Target $232.00 | | | | | Add to Watchlist Constellation Energy NASDAQ: CEG is an energy stock that has benefited significantly from the artificial intelligence rally, with a total return of 57% so far in 2024. The fact that about 67% of the company' ...

Constellation Energy Corporation (NASDAQ:CEG) Q2 2024 Earnings Conference Call August 6, 2024 10:00 AM ET Company Participants Emily Duncan - Senior Vice President, Investor Relations and Strategic Growth Joseph Dominguez - President and Chief Executive Officer Daniel Eggers - Chief Financial Officer Conference Call Participants Shar Pourreza - Guggenheim Partners David Arcaro - Morgan Stanley Steve Fleishman - Wolfe Research Operator Good day, ladies and gentlemen, and welcome to the Constellation Energy C ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q | --- | --- | --- | |-------------------------------------------------------------------------------|-------------------|-------------------------------------------| | Title of each class | Trading Symbol(s) | Name of each exchange on which registered | | CONSTELLATION ENERGY CORPORATION: Common Stock, without par value | CEG | The Nasdaq Stock Market LLC | ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES E ...

Constellation Energy Corporation (CEG) reported second-quarter 2024 earnings of $1.68 per share, which surpassed the Zacks Consensus Estimate of $1.43 by 17.5%. The bottom line also increased 2.4% from the yearago quarter's figure of $1.64. Total Revenues Constellation Energy Corporation Price, Consensus and EPS Surprise Revenues totaled $5.48 billion, up 0.5% from the year-ago quarter's figure of $5.45 billion. Highlights of the Release Total operating expenses were $4.38 billion, down 8.4% from $4.78 bill ...