Cleco Corporate Holdings LLC Company Profile (NYSE:CNL)

About Cleco Corporate Holdings LLC (NYSE:CNL)

Cleco Corporate Holdings LLC 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).

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Electric Utilities
  • Sub-Industry: Electric Utilities
  • Symbol: NYSE:CNL
  • CUSIP: 12561W10
  • Web: https://www.cleco.com/
Average Prices:
  • 50 Day Moving Avg: $49.83
  • 200 Day Moving Avg: $51.70
  • 52 Week Range: $44.78 - $55.37
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -922.67
  • P/E Growth: 0.00
Profitability:
  • Net Margins: 8.24%
  • Return on Equity: 5.05%
  • Return on Assets: 1.60%
Misc:
  • Average Volume: 1.37 million shs.
 

Frequently Asked Questions for Cleco Corporate Holdings LLC (NYSE:CNL)

What is Cleco Corporate Holdings LLC's stock symbol?

Cleco Corporate Holdings LLC trades on the New York Stock Exchange (NYSE) under the ticker symbol "CNL."

How were Cleco Corporate Holdings LLC's earnings last quarter?

Cleco Corporate Holdings LLC (NYSE:CNL) announced its quarterly earnings results on Friday, February, 26th. The company reported $0.38 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.44 by $0.06. The company earned $279.40 million during the quarter, compared to analyst estimates of $298.05 million. Cleco Corporate Holdings LLC had a net margin of 8.24% and a return on equity of 5.05%. The firm's revenue for the quarter was down 8.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.60 EPS. View Cleco Corporate Holdings LLC's Earnings History.

Who are some of Cleco Corporate Holdings LLC's key competitors?

Who are Cleco Corporate Holdings LLC's key executives?

Cleco Corporate Holdings LLC's management team includes the folowing people:

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

How do I buy Cleco Corporate Holdings LLC stock?

Shares of Cleco Corporate Holdings LLC can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Cleco Corporate Holdings LLC's stock price today?

One share of Cleco Corporate Holdings LLC stock can currently be purchased for approximately $55.36.


MarketBeat Community Rating for Cleco Corporate Holdings LLC (NYSE CNL)
Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  45 (Vote Outperform)
Underperform Votes:  76 (Vote Underperform)
Total Votes:  121
MarketBeat's community ratings are surveys of what our community members think about Cleco Corporate Holdings LLC 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

Consensus Ratings for Cleco Corporate Holdings LLC (NYSE:CNL) (How are Consensus Ratings Calculated?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A
Consensus Price Target History for Cleco Corporate Holdings LLC (NYSE:CNL)
Price Target History for Cleco Corporate Holdings LLC (NYSE:CNL)
Analysts' Ratings History for Cleco Corporate Holdings LLC (NYSE:CNL)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/29/2016Ladenburg Thalmann Financial ServicesUpgradeSell -> NeutralN/AView Rating Details
(Data available from 10/21/2015 forward)

Earnings

Earnings History for Cleco Corporate Holdings LLC (NYSE:CNL)
Earnings by Quarter for Cleco Corporate Holdings LLC (NYSE:CNL)
Earnings History by Quarter for Cleco Corporate Holdings LLC (NYSE CNL)
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

Earnings Estimates for Cleco Corporate Holdings LLC (NYSE:CNL)
Current Year EPS Consensus Estimate: $-0.03 EPS
Next Year EPS Consensus Estimate: $-0.06 EPS

Dividends

Current Dividend Information for Cleco Corporate Holdings LLC (NYSE:CNL)
Most Recent Dividend:2/16/2016
Dividend Yield:0.00%
Dividend Growth:-34.50% (3 Year Average)
Payout Ratio:0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
Track Record:7 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Cleco Corporate Holdings LLC (NYSE:CNL)

Dividend History by Quarter for Cleco Corporate Holdings LLC (NYSE CNL)
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

Insider Trading and Institutional Ownership History for Cleco Corporate Holdings LLC (NYSE:CNL)
Insider Trades by Quarter for Cleco Corporate Holdings LLC (NYSE:CNL)
Institutional Ownership by Quarter for Cleco Corporate Holdings LLC (NYSE:CNL)
Insider Trades by Quarter for Cleco Corporate Holdings LLC (NYSE:CNL)
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

Headline Trends for Cleco Corporate Holdings LLC (NYSE:CNL)
Latest Headlines for Cleco Corporate Holdings LLC (NYSE:CNL)
Source:
DateHeadline
americanbankingnews.com logoCleco Corporate Holdings (CNL) versus NRG Yield (NYLD) Head to Head Contrast
www.americanbankingnews.com - October 10 at 10:32 AM
americanbankingnews.com logoCleco Corporate Holdings (CNL) vs. Ormat Technologies (ORA) Head-To-Head Survey
www.americanbankingnews.com - October 2 at 6:20 PM
americanbankingnews.com logoNorthWestern Corporation (NWE) versus Cleco Corporate Holdings (CNL) Financial Comparison
www.americanbankingnews.com - September 29 at 10:03 AM
americanbankingnews.com logoCleco Corporate Holdings (CNL) & FirstEnergy Corporation (FE) Critical Contrast
www.americanbankingnews.com - September 24 at 10:08 PM
americanbankingnews.com logoFinancial Contrast: Cleco Corporate Holdings (CNL) and Hawaiian Electric Industries (HE)
www.americanbankingnews.com - September 11 at 6:44 PM
finance.yahoo.com logoLafayette 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
prnewswire.com logoCleco 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
biz.yahoo.com logoCLECO CORPORATE HOLDINGS LLC Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - August 11 at 4:28 PM
biz.yahoo.com logoCLECO CORPORATE HOLDINGS LLC Files SEC form 8-K, Changes in Registrant's Certifying Accountant
biz.yahoo.com - July 25 at 10:15 AM
biz.yahoo.com logoCLECO CORPORATE HOLDINGS LLC Files SEC form 8-K/A, Change in Directors or Principal Officers
biz.yahoo.com - July 20 at 2:59 PM
biz.yahoo.com logoCLECO CORPORATE HOLDINGS LLC Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - July 19 at 2:32 PM
biz.yahoo.com logoCLECO CORPORATE HOLDINGS LLC Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - July 8 at 9:11 AM
wsj.com logoCFO Moves: Cleco Corporate Holdings
blogs.wsj.com - July 6 at 9:03 AM
biz.yahoo.com logoCLECO 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
fool.com logoShares of Cleco Corp. Surge 13% After Getting Approval of Sale
www.fool.com - March 29 at 1:11 PM
seekingalpha.com logoCleco wins regulator OK for sale to Macquarie-led group
seekingalpha.com - March 29 at 9:36 AM
feeds.benzinga.com logoCleco Trading Higher By 13% Following Sale Approval
feeds.benzinga.com - March 29 at 8:34 AM
seekingalpha.com logoCleco -2% as sale to Macquarie still looks shaky
seekingalpha.com - March 22 at 3:19 PM

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Chart

Cleco Corporate Holdings LLC (CNL) Chart for Saturday, October, 21, 2017

This page was last updated on 10/21/2017 by MarketBeat.com Staff

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