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]
Why Clearway Energy (CWEN) is a Top Growth Stock for the Long-Term