Clearway Energy, Inc. [CWEN] Stock Forecast

Utility stocks are the OG dividend payers. They're delightfully dull.

With so many enterprises – especially in the technology sphere – going stratospheric this year, investors may want to cool the temperature down with undervalued value stocks. Don't get me wrong, it's always fun to ride strength hoping that it will beget even more strength.

It hasn't been a great year for finding the best utilities stocks to buy. It has been the sector laggard of the S&P 500 which has grown more swiftly than many expected.

In the turbulent seas of the stock market, high-yield dividend stocks can potentially act as lifebuoys for investors. These stalwarts usually provide a comforting revenue stream, ensuring you pocket healthy dividends even if the tides turn and share prices dive.

Clearway Energy expects to increase its payout towards the upper end of its 5% to 8% annual target range through 2026. Crown Castle anticipates returning to 7% to 8% annual dividend growth beyond 2025.

The conundrum for dividend investors is whether to invest in high-yield stocks or low-yielding stocks with fast dividend growth. Higher yields benefit accumulators by reinvesting dividends into more shares, but dividend growth typically generates higher total returns. For withdrawers, high yield has some obvious benefits but also some potential pitfalls, while some argue dividend growth is the best way to go even for retirees.

Clearway Energy (CWEN) is set to benefit from systematic acquisitions, focus on North America and new assets in its portfolio.

After a shaky start this year, energy stocks seemed to have lost their sheen in stark contrast to last year. The early disappointments led many to believe these stocks would lose momentum.

The Southern Company hasn't cut its dividend in over 75 years, and with a big capital project coming to a close, it could start increasing the dividend at a faster rate. Clearway Energy's focus on clean energy positions it to generate decades of growing cash flow.

Clearway Energy owns over 8000 MW of utility scale energy production assets and sells power through long-term contracts. The market has undervalued Clearway Energy due to a significant miss in earnings caused by one-time factors such as low wind and sun resources. Clearway Energy's forward guidance and growth prospects make it an attractive investment opportunity.

Clearway Energy, Inc. is a US stock , located in Princeton of Nj and trading under the symbol CWEN

2 stock analysts have 2 predictions with a medium analyst target price of $37. The lowest prediction is $34 and the highest is $40

With a median analyst target price of $40, 1 stock analysts have made 1 forecasts in last 90 days. $40 is the lowest and $40 is the greatest projection.

Clearway Energy, Inc. stock price is $20.79 today.

Yes, Clearway Energy, Inc. is a publicly traded company.