Constellation Energy Corporation (CEG) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
In 2023 and 2024, investors didn't have to look very far to find the biggest market gains. In fact, investing in one or more of a small group of seven stocks, known as the Magnificent Seven, would have delivered gains of over 160% during that time.
Extending its 23%-plus climb during 2024, the S&P 500 started 2025 off with a bang, rising 2.7% in January.
CEG's fourth-quarter 2024 earnings increase year over year, while revenues decline. Total operating expenses decrease during the same period.
Constellation Energy Corporation (CEG) came out with quarterly earnings of $2.44 per share, beating the Zacks Consensus Estimate of $2.19 per share. This compares to loss of $0.11 per share a year ago.
U.S. utility Constellation Energy beat Wall Street estimates for fourth-quarter profit on Tuesday, benefiting from lower expenses and rising demand for power.
The market had a solid two years back to back, and to kick off 2025, January also saw some of that same upside momentum continue. There was some recent volatility in the market after DeepSeek and tariffs were announced; particularly, NVDA from the Mag 7 group has been sliding. That said, every month, I put some additional capital to work to help grow my cash flow over the long term, and January 2025 was no different.
Constellation Energy Corporation (CEG) closed at $313.80 in the latest trading session, marking a +0.07% move from the prior day.
Constellation Energy: Huge Clean Energy Demand Amid New AI Infrastructure Buildout
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Constellation Energy is spending big on nuclear and clean energy to fuel future growth. Cash flow looks messy now, but it's mostly timing and planned investments. They have plenty of cash and manageable debt, so no real financial risk.
The latest trading day saw Constellation Energy Corporation (CEG) settling at $306.33, representing a +0.01% change from its previous close.