Company Overview - Clearway Energy Inc. was founded in 2012 and operates a diversified portfolio of contracted renewable and conventional generation in the United States [11] - The company's primary business strategy focuses on acquisitions and ownership of assets that provide predictable and long-term cash flows to increase cash dividends for its Class A and Class C common stock holders [11] - Clearway Energy's asset portfolio includes over 9 gigawatts (GW) of wind, solar, thermal, and natural gas-fired power generation facilities, as well as district energy systems [11] Investment Ratings - Clearway Energy (CWEN) currently holds a Zacks Rank of 3 (Hold) with a VGM Score of B [12] - The company is considered a potential top pick for growth investors, with a Growth Style Score of B, forecasting year-over-year earnings growth of 46.7% for the current fiscal year [12] - An analyst has revised their earnings estimate higher for fiscal 2025, with the Zacks Consensus Estimate increasing by $0.38 to $1.10 per share [12] Performance Metrics - Clearway Energy boasts an average earnings surprise of +125.5%, indicating strong performance relative to expectations [12] - With a solid Zacks Rank and top-tier Growth and VGM Style Scores, Clearway Energy is recommended for investors' consideration [13]

Core Viewpoint - The article highlights several companies that offer attractive dividend yields above 5%, contrasting with the average S&P 500 dividend yield of only 1.2% [1]. Group 1: Clearway Energy - Clearway Energy has a current dividend yield of 5%, supported by stable cash flows from its renewable energy facilities [2]. - The company plans to pay out approximately 70% of its free cash flow in dividends, with expectations to grow cash available for distribution from $2.11 per share in 2023 to at least $2.70 per share by 2027 [3]. - Clearway aims to increase its annualized dividend from $1.81 per share to $1.98 per share by 2027, with long-term goals of reaching around $3.00 per share by 2030 [3]. Group 2: Oneok - Oneok has a dividend yield of 5.9%, supported by resilient, fee-based cash flows and a history of dividend stability and growth [5]. - The company plans to increase its dividend by 3% to 4% annually and has completed strategic acquisitions expected to generate significant cost savings [6]. - Ongoing organic expansion projects are anticipated to enhance cash flow, supporting the company's dividend growth strategy [6]. Group 3: NNN REIT - NNN REIT offers a dividend yield of 5.9% and has raised its dividend for 36 consecutive years, indicating strong performance in the REIT sector [7]. - The REIT pays out 70% of its stable cash flow in dividends, allowing for reinvestment in new properties [9]. - NNN REIT focuses on retail properties secured by triple-net leases, providing stable cash flow as tenants cover all operating costs [9]. Group 4: Verizon - Verizon's dividend yield stands at 6.7%, with a growth streak of 19 consecutive years [10]. - The company generated $28 billion in cash flow from operations in the first nine months of the year, with $15.8 billion in free cash flow available to cover its $8.6 billion dividend payout [11]. - Verizon is working on a $20 billion acquisition of Frontier Communications to expand its fiber footprint, which is expected to enhance customer loyalty and profit margins [12]. Group 5: VICI Properties - VICI Properties has a dividend yield of 6.2%, focusing on experiential real estate and leasing properties under long-term NNN agreements [14]. - The REIT pays out about 75% of its stable rental income in dividends and has grown its payout at a 6.6% compound annual rate since 2018 [15]. - Recent acquisitions, including a $1.2 billion sale-leaseback deal, are expected to support continued dividend increases [15]. Group 6: Investment Outlook - The highlighted companies provide high-quality, high-yield dividend stocks with solid financial profiles and growth potential, making them attractive investment opportunities for income-seeking investors [16].

Core Insights - Clearway Energy, Inc. (NYSE:CWEN) is recognized as one of the best utility dividend stocks to buy now [1] - The company has announced a 1.62% increase in its quarterly dividend to $0.4528 per share, reflecting its commitment to shareholders [2][3] - Clearway Energy has a robust annual dividend yield of 5.08% and aims for long-term annual growth of 5% to 8% [3][4] Company Performance - Clearway Energy's portfolio includes approximately 11.8 GW of gross generating capacity across 26 states, making it one of the largest owners of clean energy generation assets in the U.S. [2] - The company reported impressive third-quarter performance, more than doubling its net income compared to the previous year, aided by lower tax expenses, new investments, and favorable wind patterns [4] - The share price of Clearway Energy has increased by over 35% since the beginning of 2025 [4]

Core Insights - Zacks Premium provides tools for investors to enhance their stock market strategies, including daily updates on Zacks Rank and Style Scores [1][2] Zacks Style Scores - The Zacks Style Scores are indicators that help investors select stocks likely to outperform the market in the next 30 days, rated from A to F based on value, growth, and momentum characteristics [2] - The Value Score focuses on identifying undervalued stocks using financial ratios like P/E and Price/Cash Flow [3] - The Growth Score assesses a company's future prospects through projected earnings and sales growth [4] - The Momentum Score identifies stocks with favorable price trends, utilizing recent price changes and earnings estimate shifts [5] - The VGM Score combines all three Style Scores, providing a comprehensive indicator for stock selection [6] Zacks Rank and Style Scores Interaction - The Zacks Rank is a proprietary model that uses earnings estimate revisions to guide investors, with 1 (Strong Buy) stocks achieving an average annual return of +23.93% since 1988, significantly outperforming the S&P 500 [7] - Investors are encouraged to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal success [9] - Stocks with lower ranks, even with high Style Scores, may still face downward price pressure due to negative earnings forecasts [10] Company Spotlight: Clearway Energy (CWEN) - Clearway Energy Inc. operates a diversified portfolio of renewable and conventional energy generation assets in the U.S., focusing on long-term cash flow stability [11] - CWEN holds a Zacks Rank of 3 (Hold) and a VGM Score of B, with a Momentum Style Score of B, reflecting a 10.5% increase in share price over the past four weeks [12] - Recent earnings estimates for CWEN have been revised upward, with the Zacks Consensus Estimate increasing by $0.38 to $1.10 per share, and an average earnings surprise of +125.5% [12][13]

Core Insights - Zacks Premium provides various tools for investors to enhance their stock market strategies, including daily updates, research reports, and stock screens [1] - The Zacks Style Scores are designed to help investors select stocks with the highest potential to outperform the market in the short term [2] Zacks Style Scores Overview - The Style Scores categorize stocks based on value, growth, and momentum characteristics, assigning ratings from A to F, with A indicating the highest potential for outperformance [3] - Value Score focuses on identifying undervalued stocks using financial ratios like P/E and Price/Sales [4] - Growth Score emphasizes a company's financial health and future growth potential, analyzing projected and historical earnings [5] - Momentum Score identifies trends in stock prices and earnings estimates to determine optimal buying times [6] - VGM Score combines all three Style Scores, providing a comprehensive assessment of stocks based on value, growth, and momentum [6] Zacks Rank and Style Scores Interaction - The Zacks Rank utilizes earnings estimate revisions to guide investors in building successful portfolios, with 1 (Strong Buy) stocks achieving an average annual return of +23.93% since 1988, significantly outperforming the S&P 500 [7] - Investors are encouraged to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for the best chances of success [9] - Stocks rated 4 (Sell) or 5 (Strong Sell) are less favorable, even if they have high Style Scores, due to declining earnings forecasts [10] Company Spotlight: Clearway Energy - Clearway Energy Inc. operates a diversified portfolio of renewable and conventional energy generation assets in the U.S., focusing on long-term cash flow stability and dividend growth [11] - The company holds over 9 gigawatts (GW) of power generation capacity across various energy sources [11] - Clearway Energy has a Zacks Rank of 3 (Hold) and a VGM Score of B, with a Growth Style Score of B, indicating a projected year-over-year earnings growth of 46.7% for the current fiscal year [12] - Recent earnings estimates for fiscal 2025 have been revised upward, with the Zacks Consensus Estimate increasing by $0.38 to $1.10 per share, alongside an average earnings surprise of +125.5% [12][13]

Core Insights - During market turbulence, investors often seek dividend-yielding stocks, which typically have high free cash flows and offer substantial dividends [1] Company Ratings and Performance - **Edison International (NYSE:EIX)**: - Dividend Yield: 5.85% - Analyst Paul Fremont from Ladenburg Thalmann maintained a Neutral rating and raised the price target from $52.5 to $55 on Oct. 30, 2025, with an accuracy rate of 62% [7] - Barclays analyst Nicholas Campanella maintained an Overweight rating and reduced the price target from $69 to $68 on Oct. 29, 2025, with an accuracy rate of 68% [7] - Recent News: Posted better-than-expected third-quarter results on Oct. 28 [7] - **Avista Corp (NYSE:AVA)**: - Dividend Yield: 4.85% - Wells Fargo analyst Shahriar Pourreza initiated coverage with an Equal-Weight rating and a price target of $38 on Oct. 28, 2025, with an accuracy rate of 68% [7] - Jefferies analyst Julien Dumoulin-Smith maintained a Hold rating and raised the price target from $40 to $41 on Oct. 22, 2025, with an accuracy rate of 65% [7] - Recent News: Posted mixed quarterly results on Nov. 5 [7] - **Clearway Energy Inc (NYSE:CWEN)**: - Dividend Yield: 5.19% - Roth Capital analyst Justin Clare reiterated a Buy rating and raised the price target from $38 to $39 on Nov. 5, 2025, with an accuracy rate of 69% [7] - CIBC analyst Mark Jarvi maintained a Neutral rating and increased the price target from $35 to $37 on Oct. 21, 2025, with an accuracy rate of 68% [7] - Recent News: Posted upbeat quarterly results on Nov. 4 [7]

Core Insights - Clearway Energy Inc. (CWEN) reported third-quarter 2025 earnings of $2.00 per share, significantly exceeding the Zacks Consensus Estimate of 32 cents by 525% [1] - The company’s total revenues for the quarter were $429 million, surpassing the Zacks Consensus Estimate of $422 million by 1.66%, but down 11.7% from $486 million in the same quarter last year [2] CWEN's Revenues - Total revenues of $429 million exceeded expectations but decreased by 11.7% year-over-year [2] Highlights of CWEN's Earnings Release - CWEN is positioned for long-term growth due to rising demand from data centers, with plans to invest in infrastructure and generation assets [3] - Adjusted EBITDA for the quarter was $385 million, an increase from $354 million in the previous year [3] Operating Costs and Expenses - Total operating costs and expenses were $317 million, up 2.9% from $308 million a year ago [4] - Interest expenses decreased to $98 million from $139 million in the prior year [4] Developments After Third-Quarter Close - Clearway Group signed a 20-year Power Purchase Agreement (PPA) for a 520 MW solar plus storage project, targeting a 2027 Commercial Operation Date (COD) [5] - The company also agreed to acquire a 613 MW operational solar portfolio from a third party [5] CWEN's Financial Position - Cash and cash equivalents were $251 million as of September 30, 2025, down from $332 million at the end of 2024 [6] - Total liquidity decreased to $834 million from $1.33 billion as of December 31, 2024 [6] - Long-term debt increased to $8.08 billion from $6.75 billion at the end of 2024 [6] Cash Flow - Net cash provided by operating activities for the first nine months of 2025 was $511 million, compared to $578 million in the same period last year [7] CWEN's Guidance - The new guidance for 2025 cash available for distribution (CAFD) is between $420 million and $440 million, tightening towards the upper end of the previous range [10] - Guidance for 2026 CAFD is projected between $470 million and $510 million [10] - Adjusted EBITDA projections for 2025 and 2026 are in the range of $1.235-$1.255 billion and $1.441-$1.481 billion, respectively [11]

Group 1 - The article does not provide any relevant content regarding company or industry insights [1]

Core Insights - Clearway Energy (CWEN) reported quarterly earnings of $2 per share, significantly exceeding the Zacks Consensus Estimate of $0.32 per share, and up from $0.31 per share a year ago [1][2] - The earnings surprise of +525.00% marks a notable improvement compared to the previous quarter, where the company reported earnings of $0.28 per share against an expectation of $0.67, resulting in a surprise of -58.21% [2] - The company generated revenues of $429 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.60%, although this is a decrease from $486 million in the same quarter last year [3] Financial Performance - Clearway Energy has surpassed consensus EPS estimates two times over the last four quarters [2] - The company has topped consensus revenue estimates just once in the last four quarters [3] - The current consensus EPS estimate for the upcoming quarter is -$0.16 on revenues of $323.82 million, while for the current fiscal year, it is $0.61 on revenues of $1.44 billion [8] Market Position - Clearway Energy shares have increased approximately 25% since the beginning of the year, outperforming the S&P 500's gain of 16.5% [4] - The Zacks Rank for Clearway Energy is currently 3 (Hold), indicating expected performance in line with the market in the near future [7] - The Alternative Energy - Other industry, to which Clearway Energy belongs, is currently ranked in the bottom 33% of over 250 Zacks industries, suggesting potential challenges ahead [9] Future Outlook - The sustainability of the stock's price movement will largely depend on management's commentary during the earnings call and future earnings expectations [4][5] - The trend of estimate revisions for Clearway Energy was mixed prior to the earnings release, and changes in estimates are anticipated following the recent results [7] - Investors are encouraged to monitor how estimates for the upcoming quarters and the current fiscal year evolve in the coming days [8]

Financial Data and Key Metrics Changes - For Q3 2025, Clearway reported Adjusted EBITDA of $385 million and cash available for distribution (CAFD) of $166 million, with year-to-date figures of $980 million in Adjusted EBITDA and $395 million in CAFD [23][24] - The 2025 CAFD guidance range has been narrowed to $420 million-$440 million, with a new 2026 CAFD guidance range set at $470 million-$510 million [24][25] Business Line Data and Key Metrics Changes - The renewables and storage segment showed wind resources tracking close to median expectations, while solar benefited from the execution and timing of growth investments [24] - The company has executed $50 million in opportunistic discrete equity issuances at accretive levels since the last earnings call [24] Market Data and Key Metrics Changes - Clearway has established a 2030 financial target with a CAFD per share goal of $2.90-$3.10, reflecting a 7%-8% compound annual growth rate (CAGR) from the 2025 guidance midpoint [5][20] - The company has secured 1.8 GW of power purchase agreements (PPAs) to support data center loads over the last year [11] Company Strategy and Development Direction - Clearway aims to fund growth through retained cash flow, prudent debt, and modest equity issuances, targeting a long-term payout ratio of less than 70% [6][29] - The company is focused on developing flexible generation resources to complement its renewable assets, particularly in response to the needs of hyperscalers and utilities [64][66] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving the 2030 targets, emphasizing a strong pipeline of projects and the ability to deliver predictable cash flow [30][31] - The company anticipates low single-digit annual growth in cash flow from its existing portfolio, with additional growth from new project investments [14][29] Other Important Information - Clearway has a late-stage pipeline of over 6.5 GW for 2028 and 2029, significantly exceeding the requirements to meet the 2030 CAFD per share goal [9][20] - The company has successfully executed three M&A transactions this year at CAFD yields above 12% [18] Q&A Session Summary Question: Development of flexible gas paired with renewables - Management noted that projects are being developed to serve co-located data center loads, with risk-adjusted returns expected to be at least as good as current dropdowns [34][36] Question: Timing and size of repowering opportunities - The majority of repowering investments will occur in 2027, with CAFD contributions expected to be reflected in the 2028 financial year [38][39] Question: Potential for PPA renewals - Management indicated that opportunities for extending PPAs could enhance cash flow and contribute to long-term growth [41][44] Question: 2030 targets and growth rates - Management acknowledged the potential for growth to slow temporarily before re-accelerating, emphasizing a systematic approach to setting and revisiting goals [46][49] Question: M&A opportunities and funding - Management expressed a cautious approach to M&A, ensuring that any incremental investments are accretive and align with shareholder interests [52][55] Question: Asset disposition strategy - Management clarified that asset dispositions are not part of the core strategy but will be considered if it benefits shareholders [58][61] Question: Involvement in flexible generation - Management highlighted that the development of flexible generation is driven by customer demand and complements the existing renewable portfolio [64][66]