Constellation Energy (CEG)

Price*: $24.07 | Dividend: $1.91 | Dividend Yield: 7.94%

Recommendation Info
We downgraded this stock from the "Recommended" list on 8/1/08, at a price of 83.16.

Dividend Stock Ratings Breakdown

1. Relative Strength

Stock is in a solid downturn.

2. Overall Yield Attractiveness

Stock's dividend yield is adequate.

3. Dividend Reliability

This rating is directly related to the length and consistency of a company's dividend payouts.

4. Dividend Uptrend

Dividend payouts are consistent, but increases small.

5. Earnings Growth

Earnings estimates have been cut significantly.

Price and Dividend Info

Constellation Energy (CEG)

Previous Day's Closing Price*

$24.07

Annual Stock Dividend

$1.91

Current Dividend Yield

7.94%

Recent Headlines

Exelon Bids for NRG in Effort to Become #1 Power Source Generator in U.S. (EXC)
Mon, Oct 20, 2008
EDF Will Not Pursue Acquisition Bid for Constellation Energy (EDF, CEG)
Thu, Oct 16, 2008
EDF May Still Outbid $4.7 Billion Buffett Deal for Constellation Energy (CEG)
Fri, Oct 3, 2008
This is Not What a Real Bottom Looks Like (CEG, AIG, BAC, MER)
Fri, Sep 19, 2008
Constellation Energy Gets a Buffett Bailout (CEG)
Thu, Sep 18, 2008
Constellation Energy in Freefall on Possible Credit Ratings Change (CEG)
Wed, Sep 17, 2008
Accounting Concerns Panic Constellation Energy Investors (CEG)
Tue, Aug 12, 2008
Dividend Stocks Removed From Recommended List (PPL, IDA, EIX, CEG, BKH, UNS, TE, DTE, WEC, VVC, EXC, DPL, ALE)
Fri, Aug 1, 2008

Profile & Recommendation

Company Profile

Constellation Energy- (CEG)-is the nation's largest competitive supplier of electricity to large commercial and industrial customers and the nation's largest wholesale power seller. Constellation Energy also manages fuels and energy services on behalf of energy-intensive industries and utilities. It owns a diversified fleet of 78 generating units located throughout the United States, totaling approximately 8,700 megawatts of generating capacity. The company delivers electricity and natural gas through the Baltimore Gas and Electric Company (BGE), its regulated utility in Central Maryland. The company was founded in 1906 and is based in Baltimore, Maryland.

Recommendation

Based on our rating criteria, this stock has achieved a "Neutral" rating. Stocks with a neutral rating are considered mediocre investments in terms of expected price growth and dividend payments.

Stock Notes

This large cap stock is not an attractive dividend stock investment at this time.

* Stock price reflects previous day's closing price. All stock quotes on this website should be considered as having a 24-hour delay.

** Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. The author is not registered as an investment adviser. The author may or may not hold positions in the securities mentioned in this article or video. The author relies upon the "publisher's exclusion" from the definition of "investment adviser" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.