Cleco Corporate Stock Price, News & Analysis (NYSE:CNL)

$55.36 0.05 (0.09 %)
(As of 12/12/2017 09:08 AM ET)
Previous Close$55.31
Today's Range$55.32 - $55.37
52-Week Range$44.78 - $55.37
Volume5.90 million shs
Average Volume1.26 million shs
Market Capitalization$3.35 billion
P/E RatioN/A
Dividend Yield2.89%
Beta0.53

About Cleco Corporate (NYSE:CNL)

Cleco Corporate logoCleco 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).

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Industry, Sector and Symbol

Industry Electric Utilities
Sub-IndustryElectric Utilities
SectorUtilities
SymbolNYSE:CNL
CUSIP12561W10
Phone+1-318-4847400

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

Trailing EPS$2.20
Net IncomeN/A
Net Margins13.38%
Return on Equity8.95%
Return on Assets2.84%

Miscellaneous

EmployeesN/A
Outstanding Shares60,480,000

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) announced its quarterly earnings results on Friday, February, 26th. The utilities provider reported $0.38 EPS for the quarter, missing the consensus estimate of $0.44 by $0.06. The utilities provider had revenue of $279.40 million for the quarter, compared to analyst estimates of $298.05 million. Cleco Corporate had a net margin of 13.38% and a return on equity of 8.95%. The company's revenue for the quarter was down 8.3% on a year-over-year basis. During the same quarter last year, the business earned $0.60 EPS. View Cleco Corporate's Earnings History.

Who are some of Cleco Corporate's key competitors?

Who are Cleco Corporate's key executives?

Cleco Corporate's management team includes the folowing people:

  • Bruce A. Williamson, Chairman of the Board, President, Chief Executive Officer (Age 57)
  • Darren J. Olagues, President of Cleco Power LLC (Age 45)
  • Wade A. Hoefling, Senior Vice President, General Counsel, Director – Regulatory Compliance (Age 60)
  • Judy P. Miller, Senior Vice President - Corporate Services & Information Technology (Age 57)
  • Terry L. Taylor, Chief Accounting Officer, Controller (Age 61)
  • Anthony L. Bunting, Vice President - Transmission & Distribution Operations of Cleco Power (Age 56)
  • Keith D. Crump, Senior Vice President - Commercial Operations of Cleco Power (Age 54)
  • William G. Fontenot, Senior Vice President - Utility Operations of Cleco Power LLC (Age 53)
  • Robert R. LaBorde Jr., Vice President - Generation Operations of Cleco Power (Age 47)
  • Julia E. Callis, Corporate Secretary, Associate General Counsel (Age 47)

How do I buy Cleco Corporate stock?

Shares of Cleco Corporate 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 Cleco Corporate 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)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  50 (Vote Outperform)
Underperform Votes:  86 (Vote Underperform)
Total Votes:  136
MarketBeat's community ratings are surveys of what our community members think about Cleco Corporate and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Cleco Corporate (NYSE:CNL) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: N/AN/AHoldHold
Consensus Rating Score: N/AN/A2.002.00
Ratings Breakdown: 0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: N/AN/AN/AN/A
Price Target Upside: N/AN/AN/AN/A

Cleco Corporate (NYSE:CNL) Consensus Price Target History

Price Target History for Cleco Corporate (NYSE:CNL)

Cleco Corporate (NYSE:CNL) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/29/2016Ladenburg Thalmann Financial ServicesUpgradeSell -> NeutralN/AView Rating Details
(Data available from 12/12/2015 forward)

Earnings

Cleco Corporate (NYSE:CNL) Earnings History and Estimates Chart

Earnings by Quarter for Cleco Corporate (NYSE:CNL)

Cleco Corporate (NYSE CNL) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/26/2016Q415$0.44$0.38$298.05 million$279.40 millionViewN/AView Earnings Details
10/28/2015Q3$1.03$0.92$381.73 million$345.50 millionViewListenView Earnings Details
7/27/2015Q215$0.51$0.53$317.05 million$289.10 millionViewListenView Earnings Details
4/28/2015Q1$0.44$0.46$283.05 million$295.46 millionViewListenView Earnings Details
2/27/2015Q4$0.59$0.60$252.44 million$304.62 millionViewListenView Earnings Details
10/28/2014Q414$1.23$1.17$340.54 million$371.39 millionViewListenView Earnings Details
7/30/2014Q413$0.66$0.57$273.94 million$309.07 millionViewListenView Earnings Details
4/28/2014Q1$0.43$0.42$242.23 million$284.40 millionViewListenView Earnings Details
2/25/2014Q4$0.43$0.41$256.20 million$263.11 millionViewListenView Earnings Details
7/31/2013Q2 2013$0.66$0.62$249.46 million$263.90 millionViewListenView Earnings Details
4/29/2013Q1 2013$0.48$0.44$241.38 million$240.90 millionViewListenView Earnings Details
2/19/2013Q4 2012$0.32$0.36$249.91 million$235.10 millionViewListenView Earnings Details
10/30/2012Q312$0.96$1.05$346.20 million$297.40 millionViewN/AView Earnings Details
7/31/2012$0.55$0.64ViewN/AView Earnings Details
2/22/2012$0.36$0.51ViewN/AView Earnings Details
11/3/2011$1.00$1.08ViewN/AView Earnings Details
8/3/2011$0.56$0.52ViewN/AView Earnings Details
5/5/2011$0.41$0.47ViewN/AView Earnings Details
2/24/2011$0.27$0.34ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Cleco Corporate (NYSE:CNL) Earnings Estimates

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Cleco Corporate (NYSE:CNL) Dividend Information

Most Recent Dividend:2/16/2016
Annual Dividend:$1.60
Dividend Yield:2.89%
Dividend Growth:-34.50% (3 Year Average)
Payout Ratio:72.73% (Trailing 12 Months of Earnings)
Track Record:7 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Cleco Corporate (NYSE:CNL)

Cleco Corporate (NYSE:CNL) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/28/2016quarterly$0.403.01%2/4/20162/8/20162/16/2016
10/23/2015quarterly$0.402.99%11/5/201511/9/201511/16/2015
7/24/2015quarterly$0.402.98%8/5/20158/7/20158/17/2015
4/24/2015quarterly$0.402.94%5/4/20155/6/20155/15/2015
1/30/2015quarterly$0.402.94%2/6/20152/10/20152/17/2015
10/22/2014quarterly$0.403.01%11/5/201411/7/201411/17/2014
7/24/2014quarterly$0.402.85%8/1/20148/5/20148/15/2014
4/25/2014quarterly$0.403.09%5/2/20145/6/20145/15/2014
1/31/2014quarterly$0.362.97%2/7/20142/11/20142/18/2014
10/24/2013quarterly$0.363.06%11/1/201311/5/201311/15/2013
7/25/2013quarterly$0.362.97%8/2/20138/6/20138/15/2013
4/26/2013quarterly$0.363.01%5/3/20135/7/20135/15/2013
1/24/2013quarterly$0.343.21%2/1/20132/5/20132/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Cleco Corporate (NYSE CNL) Insider Trading and Institutional Ownership History

Insider Trades by Quarter for Cleco Corporate (NYSE:CNL)
Insider Trades by Quarter for Cleco Corporate (NYSE:CNL)

Cleco Corporate (NYSE CNL) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/3/2016Keith D CrumpSVPSell17,000$45.32$770,440.00View SEC Filing  
11/25/2014Peter M Scott IIIDirectorSell1,500$53.54$80,310.00View SEC Filing  
3/31/2014Darren OlaguesInsiderSell2,380$50.68$120,618.40View SEC Filing  
3/27/2014Judy MillerSVPSell3,597$49.70$178,770.90View SEC Filing  
3/4/2014Keith CrumpSVPSell2,500$49.30$123,250.00View SEC Filing  
3/3/2014Robert Laborde, Jr.VPSell2,000$49.08$98,160.00View SEC Filing  
3/3/2014William FontenotSVPSell1,500$49.02$73,530.00View SEC Filing  
3/3/2014William MarksDirectorSell1,290$48.84$63,003.60View SEC Filing  
8/27/2013William Walker, Jr.DirectorSell11,250$46.00$517,500.00View SEC Filing  
8/26/2013William Walker, Jr.DirectorSell13,096$46.00$602,416.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Cleco Corporate (NYSE CNL) News Headlines

Source:
DateHeadline
Cleco Corporate (CNL) & Its Competitors Financial ContrastCleco Corporate (CNL) & Its Competitors Financial Contrast
www.americanbankingnews.com - December 3 at 11:42 AM
Cleco Corporate Holdings (CNL) vs. The Competition Head-To-Head AnalysisCleco Corporate Holdings (CNL) vs. The Competition Head-To-Head Analysis
www.americanbankingnews.com - November 19 at 9:28 AM
Reviewing Cleco Corporate Holdings (CNL) & Its CompetitorsReviewing Cleco Corporate Holdings (CNL) & Its Competitors
www.americanbankingnews.com - November 8 at 2:30 PM
Cleco Corporate Holdings (CNL) versus NRG Yield (NYLD) Head to Head ContrastCleco Corporate Holdings (CNL) versus NRG Yield (NYLD) Head to Head Contrast
www.americanbankingnews.com - October 10 at 10:32 AM
Cleco Corporate Holdings (CNL) vs. Ormat Technologies (ORA) Head-To-Head SurveyCleco Corporate Holdings (CNL) vs. Ormat Technologies (ORA) Head-To-Head Survey
www.americanbankingnews.com - October 2 at 6:20 PM
NorthWestern Corporation (NWE) versus Cleco Corporate Holdings (CNL) Financial ComparisonNorthWestern Corporation (NWE) versus Cleco Corporate Holdings (CNL) Financial Comparison
www.americanbankingnews.com - September 29 at 10:03 AM
Cleco Corporate Holdings (CNL) & FirstEnergy Corporation (FE) Critical ContrastCleco Corporate Holdings (CNL) & FirstEnergy Corporation (FE) Critical Contrast
www.americanbankingnews.com - September 24 at 10:08 PM
Financial Contrast: Cleco Corporate Holdings (CNL) and Hawaiian Electric Industries (HE)Financial Contrast: Cleco Corporate Holdings (CNL) and Hawaiian Electric Industries (HE)
www.americanbankingnews.com - September 11 at 6:44 PM
Lafayette Public Power Authority, LA -- Moodys affirms A1 rating on Lafayette Public Power Authority, LA electric revenue bonds; outlook stableLafayette Public Power Authority, LA -- Moody's affirms A1 rating on Lafayette Public Power Authority, LA electric revenue bonds; outlook stable
finance.yahoo.com - September 6 at 10:31 PM
Cleco Announces Commencement of Exchange Offer for its 3.743% Senior Secured Notes due 2026 and 4.973% Senior Secured Notes due 2046Cleco Announces Commencement of Exchange Offer for its 3.743% Senior Secured Notes due 2026 and 4.973% Senior Secured Notes due 2046
www.prnewswire.com - March 30 at 2:52 AM
CLECO CORPORATE HOLDINGS LLC Files SEC form 10-Q, Quarterly ReportCLECO CORPORATE HOLDINGS LLC Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - August 11 at 4:28 PM
CLECO CORPORATE HOLDINGS LLC Files SEC form 8-K, Changes in Registrants Certifying AccountantCLECO CORPORATE HOLDINGS LLC Files SEC form 8-K, Changes in Registrant's Certifying Accountant
biz.yahoo.com - July 25 at 10:15 AM
CLECO CORPORATE HOLDINGS LLC Files SEC form 8-K/A, Change in Directors or Principal OfficersCLECO CORPORATE HOLDINGS LLC Files SEC form 8-K/A, Change in Directors or Principal Officers
biz.yahoo.com - July 20 at 2:59 PM
CLECO CORPORATE HOLDINGS LLC Files SEC form 8-K, Change in Directors or Principal OfficersCLECO CORPORATE HOLDINGS LLC Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - July 19 at 2:32 PM
CLECO CORPORATE HOLDINGS LLC Files SEC form 8-K, Other Events, Financial Statements and ExhibitsCLECO CORPORATE HOLDINGS LLC Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - July 8 at 9:11 AM
CFO Moves: Cleco Corporate HoldingsCFO Moves: Cleco Corporate Holdings
blogs.wsj.com - July 6 at 9:03 AM
CLECO CORPORATE HOLDINGS LLC Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct FinCLECO CORPORATE HOLDINGS LLC Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Fin
biz.yahoo.com - July 1 at 11:02 AM
Shares of Cleco Corp. Surge 13% After Getting Approval of SaleShares of Cleco Corp. Surge 13% After Getting Approval of Sale
www.fool.com - March 29 at 1:11 PM
Cleco wins regulator OK for sale to Macquarie-led groupCleco wins regulator OK for sale to Macquarie-led group
seekingalpha.com - March 29 at 9:36 AM
Cleco Trading Higher By 13% Following Sale ApprovalCleco Trading Higher By 13% Following Sale Approval
feeds.benzinga.com - March 29 at 8:34 AM
Cleco -2% as sale to Macquarie still looks shakyCleco -2% as sale to Macquarie still looks shaky
seekingalpha.com - March 22 at 3:19 PM

SEC Filings

Cleco Corporate (NYSE:CNL) SEC Filings

DateFilerForm TypeView

Social Media

Financials

Cleco Corporate (NYSE:CNL) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Cleco Corporate (NYSE CNL) Stock Chart for Tuesday, December, 12, 2017

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This page was last updated on 12/12/2017 by MarketBeat.com Staff

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