Definitive Analysis
Definitive Analysis

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Search

Constellation Energy Corporation (CEG)

Company Dividend Discount ModelIndustry: Renewable UtilitiesSector: Utilities

Valuation Snapshot

Stable Growth$88.03 - $138.32$111.10
Multi-Stage$113.57 - $124.54$118.95
Blended Fair Value$115.02
Current Price$329.07
Upside-65.05%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-13.16%-3.67%1.411.170.595.835.522.863.192.102.947.88
YoY Growth--21.31%97.84%-89.90%5.65%92.88%-10.19%51.90%-28.52%-62.73%283.57%
Dividend Yield--0.70%0.63%0.75%10.37%13.15%6.82%7.59%5.00%6.99%18.76%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)2,739.00
(-) Cash Dividends Paid (M)476.00
(=) Cash Retained (M)2,263.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)547.80342.38205.43
Cash Retained (M)2,263.002,263.002,263.00
(-) Cash Required (M)-547.80-342.38-205.43
(=) Excess Retained (M)1,715.201,920.632,057.58
(/) Shares Outstanding (M)314.00314.00314.00
(=) Excess Retained per Share5.466.126.55
LTM Dividend per Share1.521.521.52
(+) Excess Retained per Share5.466.126.55
(=) Adjusted Dividend6.987.638.07
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate1.08%2.08%3.08%
Fair Value$88.03$111.10$138.32
Upside / Downside-73.25%-66.24%-57.97%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)2,739.002,796.102,854.402,913.912,974.663,036.683,127.78
Payout Ratio17.38%31.90%46.43%60.95%75.48%90.00%92.50%
Projected Dividends (M)476.00892.041,325.221,776.072,245.152,733.012,893.19

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate1.08%2.08%3.08%
Year 1 PV (M)809.64817.65825.66
Year 2 PV (M)1,091.701,113.401,135.33
Year 3 PV (M)1,327.961,367.761,408.35
Year 4 PV (M)1,523.621,584.811,647.83
Year 5 PV (M)1,683.371,768.301,856.63
PV of Terminal Value (M)29,223.3430,697.7132,231.00
Equity Value (M)35,659.6337,349.6439,104.78
Shares Outstanding (M)314.00314.00314.00
Fair Value$113.57$118.95$124.54
Upside / Downside-65.49%-63.85%-62.15%

High-Yield Dividend Screener

« Prev Page 16 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
HWBKHawthorn Bancshares, Inc.2.27%$0.7724.18%
UTMDUtah Medical Products, Inc.2.27%$1.2835.35%
DKSDICK'S Sporting Goods, Inc.2.26%$4.5238.61%
EMLThe Eastern Company2.26%$0.4437.05%
SBCFSeacoast Banking Corporation of Florida2.26%$0.7143.09%
WMKWeis Markets, Inc.2.26%$1.4535.88%
0JYA.LMarathon Petroleum Corporation2.25%$3.7274.60%
FSBCFive Star Bancorp2.25%$0.8029.79%
IBMInternational Business Machines Corporation2.25%$6.5678.75%
0KYZ.LSBA Communications Corporation2.24%$4.3254.40%
BPOPPopular, Inc.2.24%$2.8224.06%
MFINMedallion Financial Corp.2.24%$0.2312.50%
MSMorgan Stanley2.24%$4.0740.12%
FXNCFirst National Corporation2.23%$0.5586.28%
BACBank of America Corporation2.22%$1.2431.97%
SSBSouthState Corporation2.22%$2.0930.58%
VLGEAVillage Super Market, Inc.2.22%$0.7720.42%
WWWWolverine World Wide, Inc.2.22%$0.4137.79%
CCBGCapital City Bank Group, Inc.2.21%$0.9326.22%
CGThe Carlyle Group Inc.2.20%$1.3476.25%
NHINational Health Investors, Inc.2.20%$1.6954.58%
VNOVornado Realty Trust2.20%$0.7315.58%
BANCBanc of California, Inc.2.19%$0.4332.44%
EBTCEnterprise Bancorp, Inc.2.19%$0.8726.66%
RHPRyman Hospitality Properties, Inc.2.19%$2.0957.31%
CDPCOPT Defense Properties2.18%$0.6045.15%
FDSFactSet Research Systems Inc.2.18%$6.2039.64%
ISBAIsabella Bank Corporation2.18%$1.1044.52%
WHWyndham Hotels & Resorts, Inc.2.18%$1.6437.28%
EFSCEnterprise Financial Services Corp2.17%$1.1722.34%
ETHGrayscale Ethereum Mini Trust2.17%$0.6434.57%
SEMSelect Medical Holdings Corporation2.17%$0.3236.19%
BFSTBusiness First Bancshares, Inc.2.16%$0.5620.21%
CWBCCommunity West Bancshares2.16%$0.4826.89%
EHTHeHealth, Inc.2.16%$0.095.60%
TPLTexas Pacific Land Corporation2.16%$6.4231.02%
CBSHCommerce Bancshares, Inc.2.15%$1.1226.40%
COLMColumbia Sportswear Company2.15%$1.2035.55%
HTHHilltop Holdings Inc.2.15%$0.7328.46%
NATHNathan's Famous, Inc.2.15%$1.9835.76%
RCKYRocky Brands, Inc.2.15%$0.6222.50%
BDXBecton, Dickinson and Company2.14%$4.1771.28%
CICigna Corporation2.14%$5.9626.01%
FBIZFirst Business Financial Services, Inc.2.14%$1.1518.19%
JBSSJohn B. Sanfilippo & Son, Inc.2.14%$1.4926.50%
JNPRJuniper Networks, Inc.2.14%$0.8682.37%
POOLPool Corporation2.14%$4.9244.68%
CSCOCisco Systems, Inc.2.13%$1.6262.56%
CSTRCapStar Financial Holdings, Inc.2.13%$0.4330.48%
HTLFHeartland Financial USA, Inc.2.13%$1.3869.73%