About Cleco Corporate (NYSE:CNL)
Cleco Corporate Holdings LLC, formerly Cleco Corporation, is a public utility holding company. The Company's segments include Cleco Power and Other. Cleco Power is a regulated electric utility company that owns over 10 generating units with a total nameplate capacity of approximately 3,330 megawatts (MW) and serves approximately 287,000 customers in Louisiana through its retail business and supplies wholesale power in Louisiana and Mississippi. The Company, through its subsidiaries, owns one transmission substation in Louisiana and one transmission substation in Mississippi. Cleco Power is engaged in the generation, transmission, distribution and sale of electricity within Louisiana. It owns natural gas pipelines and interconnections at all of its generating facilities, which allow it to access various natural gas supply markets and maintain an economical fuel supply for its customers. The Company holds investments in its subsidiary, Cleco Power LLC (Cleco Power).
Industry, Sector and Symbol
Trailing P/E RatioN/A
Forward P/E RatioN/A
Sales & Book Value
Price / SalesN/A
Price / CashN/A
Price / BookN/A
EPS (Most Recent Fiscal Year)N/A
Return on Equity11.84%
Return on Assets3.86%
Cleco Corporate (NYSE:CNL) Frequently Asked Questions
What is Cleco Corporate's stock symbol?
Cleco Corporate trades on the New York Stock Exchange (NYSE) under the ticker symbol "CNL."
How were Cleco Corporate's earnings last quarter?
Cleco Corporate Holdings LLC (NYSE:CNL) posted its quarterly earnings data on Friday, February, 26th. The utilities provider reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.44 by $0.06. The utilities provider earned $279.40 million during the quarter, compared to the consensus estimate of $298.05 million. Cleco Corporate had a return on equity of 11.84% and a net margin of 21.96%. The business's revenue for the quarter was down 8.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.60 EPS. View Cleco Corporate's Earnings History.
Who are Cleco Corporate's key executives?
Cleco Corporate's management team includes the folowing people:
- Peggy Scott, Chairman of the Board
- William G. Fontenot, Chief Executive Officer (Age 53)
- Terry L. Taylor, Chief Financial Officer (Age 62)
- Anthony L. Bunting, Chief Administrative Officer (Age 57)
- Julia E. Callis, Chief Compliance Officer, General Counsel (Age 48)
Has Cleco Corporate been receiving favorable news coverage?
Media headlines about CNL stock have trended somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cleco Corporate earned a media sentiment score of 0.13 on Accern's scale. They also gave press coverage about the utilities provider an impact score of 46.77 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future.
How do I buy shares of Cleco Corporate?
Shares of CNL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Cleco Corporate's stock price today?
One share of CNL stock can currently be purchased for approximately $55.36.
How big of a company is Cleco Corporate?
Cleco Corporate has a market capitalization of $3.35 billion.
How can I contact Cleco Corporate?
Cleco Corporate's mailing address is 2030 Donahue Ferry Rd, PINEVILLE, LA 71360-5226, United States. The utilities provider can be reached via phone at +1-318-4847400.
MarketBeat Community Rating for Cleco Corporate (CNL)MarketBeat's community ratings are surveys of what our community members think about Cleco Corporate and other stocks. Vote "Outperform" if you believe CNL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CNL will underperform the S&P 500 over the long term. You may vote once every thirty days.
Cleco Corporate (NYSE:CNL) Dividend Information
Cleco Corporate pays an annual dividend of $1.60 per share, with a dividend yield of 2.89%. CNL's most recent quarterly dividend payment was Tuesday, February 16.
|Most Recent Dividend:||2/16/2016|
|Dividend Growth:||0.00% (3 Year Average)|
|Track Record:||8 Years of Consecutive Dividend Growth|
Cleco Corporate (NYSE:CNL) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Cleco Corporate (NYSE:CNL) SEC Filings
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