NYSE:CNL - Cleco Corporate Stock Price, Price Target & More

Sign in or create an account to add this stock to your watchlist.
$55.36 0.00 (0.00 %)
(As of 07/15/2018 04:00 PM ET)
Previous Close$55.36
Today's Range$55.36 - $55.36
52-Week Range$44.78 - $55.37
VolumeN/A
Average Volume1.26 million shs
Market Capitalization$3.35 billion
P/E RatioN/A
Dividend Yield2.89%
Beta0.53
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).

Receive CNL News and Ratings via Email

Sign-up to receive the latest news and ratings for CNL and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NYSE
Industry N/A
Sub-IndustryElectric Utilities
SectorN/A
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

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net Margins21.96%
Return on Equity11.84%
Return on Assets3.86%

Miscellaneous

EmployeesN/A
Outstanding Shares60,480,000
Market Cap$3,350.00

The Truth About Cryptocurrencies

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 results on Friday, February, 26th. The utilities provider reported $0.38 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.44 by $0.06. The utilities provider earned $279.40 million during the quarter, compared to analysts' expectations of $298.05 million. Cleco Corporate had a return on equity of 11.84% and a net margin of 21.96%. The firm's revenue for the quarter was down 8.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.60 EPS. View Cleco Corporate's Earnings History.

What is the consensus analysts' recommendation for Cleco Corporate?

0 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cleco Corporate in the last year. There are currently for the stock, resulting in a consensus recommendation of "N/A."

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 coverage about CNL stock has been trending positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Cleco Corporate earned a daily sentiment score of 0.28 on Accern's scale. They also assigned news articles about the utilities provider an impact score of 45.74 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.

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 (NYSE CNL)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  89 (Vote Outperform)
Underperform Votes:  122 (Vote Underperform)
Total Votes:  211
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.
This page was last updated on 7/15/2018 by MarketBeat.com Staff

Featured Article: Closed-End Mutual Funds

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.