Calpine Corporation Company Profile (NYSE:CPN)

About Calpine Corporation

Calpine Corporation logoCalpine Corporation is a power generation company. The Company is engaged in the ownership and operation of primarily natural gas-fired and geothermal power plants in North America. The Company's segments include West (including geothermal), Texas and East (including Canada). In the Northeast and Mid-Atlantic regions, the Company has generating units capable of burning either natural gas or fuel oil. The Company operates its business through various divisions and subsidiaries. The Company's portfolio consists of various types of power generation technologies, including natural gas-fired combustion turbines, which include combined-cycle plants and renewable geothermal conventional steam turbines. Its Geysers Assets located in northern California represent the geothermal power generation portfolio in the United States, as well as the producing power generation asset of all renewable energy in the state of California.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Electric Utilities
  • Sub-Industry: Independent Power Producers & Energy Traders
  • Exchange: NYSE
  • Symbol: CPN
  • CUSIP: 13134730
Key Metrics:
  • Previous Close: $11.47
  • 50 Day Moving Average: $11.73
  • 200 Day Moving Average: $12.23
  • 52-Week Range: $10.39 - $16.07
  • Trailing P/E Ratio: 44.12
  • Foreward P/E Ratio: 12.89
  • P/E Growth: 13.23
  • Market Cap: $4.12B
  • Outstanding Shares: 359,054,000
  • Beta: 1.05
Profitability:
  • Net Margins: 1.37%
  • Return on Equity: -1.31%
  • Return on Assets: -0.22%
Debt:
  • Debt-to-Equity Ratio: 3.42%
  • Current Ratio: 1.20%
  • Quick Ratio: 1.04%
Additional Links:
Companies Related to Calpine Corporation:

Analyst Ratings

Consensus Ratings for Calpine Corporation (NYSE:CPN) (?)
Ratings Breakdown: 4 Hold Ratings, 6 Buy Ratings
Consensus Rating:Buy (Score: 2.60)
Consensus Price Target: $16.29 (41.99% upside)

Analysts' Ratings History for Calpine Corporation (NYSE:CPN)
Show:
DateFirmActionRatingPrice TargetDetails
2/6/2017Morgan StanleyDowngradeOverweight -> Equal Weight$13.00View Rating Details
1/20/2017Barclays PLCBoost Price TargetOverweight$17.00 -> $18.00View Rating Details
1/4/2017RBC Capital MarketsSet Price TargetBuy$14.00View Rating Details
11/22/2016Bank of America CorpDowngradeBuy -> NeutralView Rating Details
10/31/2016Deutsche Bank AGReiterated RatingBuy$17.00 -> $19.00View Rating Details
8/29/2016SunTrust Banks, Inc.Boost Price Target$13.00 -> $14.00View Rating Details
8/1/2016BMO Capital MarketsLower Price TargetOutperform$19.00 -> $17.00View Rating Details
5/31/2016Royal Bank Of CanadaReiterated RatingBuyView Rating Details
3/29/2016Citigroup Inc.Lower Price TargetBuy$22.00 -> $19.00View Rating Details
3/8/2016ArgusDowngradeBuy -> HoldView Rating Details
1/28/2016GuggenheimInitiated CoverageBuy$22.00View Rating Details
1/12/2016MacquarieLower Price Target$25.00 -> $22.00View Rating Details
11/3/2015Evercore ISILower Price TargetBuy$21.00 -> $19.50View Rating Details
9/24/2015Wolfe ResearchLower Price TargetOutperform$25.00 -> $22.00View Rating Details
7/21/2015Goldman Sachs Group, Inc. (The)DowngradeConviction-Buy -> Buy$25.00 -> $23.00View Rating Details
(Data available from 2/20/2015 forward)

Earnings

Earnings History for Calpine Corporation (NYSE:CPN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/27/2017        
2/10/2017Q416($0.15)($0.40)$1.23 billion$1.58 billionViewN/AView Earnings Details
10/28/2016Q316$0.59$0.83$2.14 billion$2.36 billionViewListenView Earnings Details
7/29/2016Q216($0.02)($0.08)$1.29 billion$1.16 billionViewListenView Earnings Details
4/29/2016Q116($0.06)($0.56)$1.38 billion$1.62 billionViewListenView Earnings Details
2/12/2016Q415($0.16)($0.13)$1.18 billion$1.49 billionViewListenView Earnings Details
10/30/2015Q315$0.83$0.76$1.69 billion$1.95 billionViewListenView Earnings Details
7/30/2015Q215($0.05)$0.09$1.37 billion$1.44 billionViewListenView Earnings Details
5/1/2015Q115($0.10)($0.17)$1.43 billion$1.65 billionViewN/AView Earnings Details
2/13/2015Q414($0.06)$0.54$1.63 billion$1.94 billionViewN/AView Earnings Details
11/6/2014Q314$0.55$1.52$1.85 billion$2.18 billionViewListenView Earnings Details
8/1/2014Q2($0.02)$0.33$1.40 billion$1.94 billionViewListenView Earnings Details
5/1/2014Q114($0.06)($0.04)$1.31 billion$1.97 billionViewListenView Earnings Details
2/13/2014Q413($0.07)($0.28)$1.59 billion$1.44 billionViewListenView Earnings Details
11/7/2013Q313$0.65$0.70$1.89 billion$2.05 billionViewListenView Earnings Details
7/25/2013Q2 2013$0.02($0.16)$1.32 billion$1.57 billionViewListenView Earnings Details
5/2/2013Q1 2013($0.16)($0.16)$1.18 billion$1.24 billionViewListenView Earnings Details
2/13/2013Q4 2012($0.05)$0.22$2.81 billion$1.37 billionViewListenView Earnings Details
11/6/2012Q312$0.45$0.47$1.88 billion$2.00 billionViewN/AView Earnings Details
7/27/2012($0.03)($0.69)ViewN/AView Earnings Details
4/27/2012($0.11)($0.14)ViewN/AView Earnings Details
2/10/2012($0.02)($0.03)ViewN/AView Earnings Details
10/28/2011$0.41$0.39ViewN/AView Earnings Details
7/29/2011$0.01($0.14)ViewN/AView Earnings Details
4/29/2011($0.13)($0.61)ViewN/AView Earnings Details
2/18/2011$0.09($0.38)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Calpine Corporation (NYSE:CPN)
Current Year EPS Consensus Estimate: $0.51 EPS
Next Year EPS Consensus Estimate: $0.89 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161($0.19)($0.19)($0.19)
Q2 20161($0.11)($0.11)($0.11)
Q3 20161$0.69$0.69$0.69
Q4 20161$0.04$0.04$0.04
Q1 20171($0.22)($0.22)($0.22)
Q2 20171$0.16$0.16$0.16
Q3 20171$0.61$0.61$0.61
Q4 20171$0.05$0.05$0.05
Q1 20181($0.23)($0.23)($0.23)
Q2 20181$0.12$0.12$0.12
Q3 20181$0.58$0.58$0.58
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Calpine Corporation (NYSE:CPN)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Calpine Corporation (NYSE:CPN)
Insider Ownership Percentage: 1.30%
Institutional Ownership Percentage: 93.82%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/2/2016W Benjamin MorelandDirectorBuy50,000$11.08$554,000.00View SEC Filing  
7/13/2016Jack A FuscoDirectorSell54,600$15.00$819,000.00View SEC Filing  
7/11/2016Jack A FuscoDirectorSell24,800$14.75$365,800.00View SEC Filing  
7/1/2016Jack A FuscoDirectorSell154,600$14.72$2,275,712.00View SEC Filing  
6/6/2016Jack A FuscoDirectorSell68,000$15.76$1,071,680.00View SEC Filing  
5/31/2016Jack A FuscoDirectorSell235,000$14.78$3,473,300.00View SEC Filing  
2/24/2016Michael William HofmannDirectorBuy20,000$12.36$247,200.00View SEC Filing  
11/12/2015Iii W. G. GriggsEVPBuy15,000$14.79$221,850.00View SEC Filing  
2/24/2015Robert A Mosbacher JrDirectorSell7,500$20.02$150,150.00View SEC Filing  
5/15/2014David MerrittDirectorSell10,000$22.39$223,900.00View SEC Filing  
9/10/2013J. Stuart RyanDirectorSell10,979,900$18.92$207,739,708.00View SEC Filing  
8/20/2013Robert Mosbacher, Jr.DirectorSell8,000$19.14$153,120.00View SEC Filing  
8/19/2013David MerrittDirectorBuy10,000$18.69$186,900.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Calpine Corporation (NYSE:CPN)
DateHeadline
News IconConsensus Take: Calpine Corporation (NYSE:CPN) Earnings & Ratings Watch - Aiken Advocate (NYSE:CPN)
aikenadvocate.com - February 20 at 11:44 AM
News IconLookout for Price Target? CubeSmart (CUBE), Calpine Corporation (CPN) - StockNewsJournal (NYSE:CPN)
stocknewsjournal.com - February 20 at 11:44 AM
News IconHow Are Ralph Lauren Corporation (RL) EPS Outlook Changing For Q1 2017? (NYSE:CPN)
mundoaguaysaneamiento.net - February 18 at 4:16 PM
News IconEarnings And Analyst Opinion Offer Spending Insights: CubeSmart (CUBE), Calpine Corporation (CPN) - Post Analyst (NYSE:CPN)
postanalyst.com - February 18 at 10:45 AM
News IconTaking a Look at the Chart for Calpine Corporation (CPN) - The USA Commerce (NYSE:CPN)
theusacommerce.com - February 18 at 10:45 AM
News IconWhy Analysts put forward these two stocks: Calpine Corporation (CPN), SLM Corporation (SLM) - The USA Commerce (NYSE:CPN)
www.theusacommerce.com - February 18 at 10:45 AM
News IconJust the Facts on Calpine Corp. (NYSE:CPN) - StockNewsJournal (NYSE:CPN)
stocknewsjournal.com - February 18 at 10:45 AM
capitalcube.com logoCalpine Corp. :CPN-US: Earnings Analysis: 2016 By the Numbers : February 14, 2017 (NYSE:CPN)
us.rd.yahoo.com - February 16 at 4:34 PM
News IconToday's Brokerage Rating: Opko Health, Inc. (OPK), Calpine Corporation (CPN) - StockNewsJournal (NYSE:CPN)
stocknewsjournal.com - February 16 at 11:45 AM
finance.yahoo.com logoCALPINE CORP Financials (NYSE:CPN)
finance.yahoo.com - February 16 at 11:45 AM
News IconCalpine Corporation (CPN) : How Do the Technicals Stack Up? - The USA Commerce (NYSE:CPN)
www.theusacommerce.com - February 14 at 10:18 PM
News IconCalpine Corporation (CPN) Announces Earnings Results (NYSE:CPN)
prensariotiretail.com - February 14 at 5:17 PM
capitalcube.com logoETFs with exposure to Calpine Corp. : February 14, 2017 (NYSE:CPN)
www.capitalcube.com - February 14 at 5:17 PM
realistinvestor.com logoCalpine Corporation (NYSE:CPN) Mean Rating At $1.9 (NYSE:CPN)
www.realistinvestor.com - February 13 at 5:08 PM
capitalcube.com logoCalpine Corp. :CPN-US: Earnings Analysis: Q4, 2016 By the Numbers : February 13, 2017 (NYSE:CPN)
us.rd.yahoo.com - February 13 at 5:08 PM
News IconCalpine Corporation (NYSE:CPN) has the current quarter growth of -184.2% (NYSE:CPN)
hoyentv.com - February 12 at 4:27 PM
finance.yahoo.com logoEdited Transcript of CPN earnings conference call or presentation 10-Feb-17 3:00pm GMT (NYSE:CPN)
finance.yahoo.com - February 11 at 2:50 AM
News IconRevenue Approximations Analysis: Rite Aid Corporation (RAD), Calpine Corporation (CPN) - StockNewsJournal (NYSE:CPN)
stocknewsjournal.com - February 10 at 9:48 PM
seekingalpha.com logoCalpine (CPN) Q4 2016 Results - Earnings Call Transcript - Seeking Alpha (NYSE:CPN)
seekingalpha.com - February 10 at 9:48 PM
streetinsider.com logoCalpine Corporation (CPN) Tops Q4 EPS by 23c; Reaffirms 2017 Guidance - StreetInsider.com (NYSE:CPN)
www.streetinsider.com - February 10 at 9:48 PM
rttnews.com logoEARNINGS SUMMARY: Details of Calpine Corp. Q4 Earnings Report (NYSE:CPN)
www.rttnews.com - February 10 at 4:46 PM
streetinsider.com logoCalpine Corporation (CPN) Tops Q4 EPS by 23c; Reaffirms 2017 Guidance (NYSE:CPN)
www.streetinsider.com - February 10 at 4:46 PM
us.rd.yahoo.com logoCalpine Reports Fourth Quarter and Full Year 2016 Results, Reaffirms 2017 Guidance (NYSE:CPN)
us.rd.yahoo.com - February 10 at 4:46 PM
biz.yahoo.com logoCALPINE CORP Files SEC form 10-K, Annual Report (NYSE:CPN)
us.rd.yahoo.com - February 10 at 4:46 PM
us.rd.yahoo.com logo6:07 am Calpine beats by $0.19, beats on revs; reaffirms FY17 guidance (NYSE:CPN)
us.rd.yahoo.com - February 10 at 4:46 PM
sg.finance.yahoo.com logoCalpine posts 4Q profit (NYSE:CPN)
us.rd.yahoo.com - February 10 at 4:46 PM
biz.yahoo.com logoQ4 2016 Calpine Corp Earnings Release - Before Market Open (NYSE:CPN)
us.rd.yahoo.com - February 10 at 4:46 PM
biz.yahoo.com logoCALPINE CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits (NYSE:CPN)
biz.yahoo.com - February 10 at 4:46 PM
wsj.com logo[$$] Calpine Sales Top Views (NYSE:CPN)
www.wsj.com - February 10 at 4:46 PM
biz.yahoo.com logoCALPINE CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligatio (NYSE:CPN)
biz.yahoo.com - February 9 at 9:55 PM
News IconTrading Update on Shares of Calpine Corp. (CPN) - Providence Standard (NYSE:CPN)
providencestandard.com - February 9 at 4:53 PM
News IconSell-side Focusing in on Calpine Corporation (NYSE:CPN) - Midway Monitor (NYSE:CPN)
midwaymonitor.com - February 9 at 4:53 PM
News IconToday Analysts Focus on Calpine Corporation (CPN), Antero Midstream Partners LP (AM) - StockNewsJournal (NYSE:CPN)
stocknewsjournal.com - February 9 at 4:53 PM
bizjournals.com logoResearch Reports on Electric Utilities Equities -- Calpine, Dynegy, Duke Energy, and Xcel Energy (NYSE:CPN)
www.bizjournals.com - February 8 at 4:51 PM
News IconWhat are Analyst's Indicators for Antero Resources Corporation (AR), Calpine Corporation (CPN) (NYSE:CPN)
brassale.net - February 7 at 10:35 PM
News IconBuy, Sell or Hold? Analysts Approach: Ares Capital Corporation (ARCC), Calpine Corporation (CPN)? - The USA Commerce (NYSE:CPN)
www.theusacommerce.com - February 7 at 5:35 PM
News IconWhat are Analyst's Indicators for Antero Resources Corporation (AR), Calpine Corporation (CPN) - The USA Commerce (NYSE:CPN)
www.theusacommerce.com - February 7 at 5:35 PM
streetinsider.com logoMorgan Stanley Downgrades Calpine Corporation (CPN) to ... - StreetInsider.com (NYSE:CPN)
www.streetinsider.com - February 7 at 5:35 PM
streetinsider.com logoMorgan Stanley Downgrades Calpine Corporation (CPN) to Equalweight - StreetInsider.com (NYSE:CPN)
www.streetinsider.com - February 7 at 5:35 PM
realistinvestor.com logoResearch Analysts Set Calpine Corporation (NYSE:CPN) Price Target at $15.5 (NYSE:CPN)
www.realistinvestor.com - February 7 at 2:34 AM
us.rd.yahoo.com logoCalpine downgraded by Morgan Stanley (NYSE:CPN)
us.rd.yahoo.com - February 6 at 4:31 PM
News IconCalpine Corp (CPN) Shareholder Signpost Capital Advisors LP Has Boosted Position by $3.17 Million as Valuation Declined (NYSE:CPN)
randolphguide.com - February 3 at 4:45 PM
News IconMomentum Stock in Focus: Calpine Corporation (NYSE:CPN), Paychex, Inc. (NASDAQ:PAYX) - The Newburgh Press (NYSE:CPN)
newburghpress.com - February 2 at 9:53 PM
istreetwire.com logoStocks Under Review: Calpine Corporation (CPN), Synergy Resources Corporation (SYRG), Milacron Holdings Corp ... - iStreetWire (NYSE:CPN)
istreetwire.com - February 2 at 9:53 PM
News IconCalpine Corporation (CPN) : Checking the Chart - The USA Commerce (NYSE:CPN)
www.theusacommerce.com - February 2 at 9:53 PM
News IconTechnicals in Focus for Calpine Corporation (CPN) - The USA Commerce (NYSE:CPN)
theusacommerce.com - February 1 at 9:46 PM
News IconEarnings Forecast Research on Calpine Corporation (CPN) - Highland Mirror (NYSE:CPN)
www.highlandmirror.com - February 1 at 9:46 PM
capitalcube.com logoCalpine Corp. breached its 50 day moving average in a Bullish Manner : CPN-US : February 1, 2017 (NYSE:CPN)
www.capitalcube.com - February 1 at 4:45 PM
realistinvestor.com logoCalpine Corporation (NYSE:CPN) EPS Projection At $0.11 (NYSE:CPN)
www.realistinvestor.com - January 30 at 5:19 PM
News IconATR Check for Calpine Corp. (CPN) - Sherwood Daily (NYSE:CPN)
sherwooddaily.com - January 28 at 9:44 PM

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What is Calpine Corporation's stock symbol?

Calpine Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "CPN."

Where is Calpine Corporation's stock going? Where will Calpine Corporation's stock price be in 2017?

10 brokerages have issued 1-year price targets for Calpine Corporation's shares. Their forecasts range from $13.00 to $19.00. On average, they anticipate Calpine Corporation's stock price to reach $16.29 in the next year.

When will Calpine Corporation announce their earnings?

Calpine Corporation is scheduled to release their next quarterly earnings announcement on Thursday, April, 27th 2017.

Who owns Calpine Corporation stock?

Calpine Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Hotchkis & Wiley Capital Management LLC (11.84%), SailingStone Capital Partners LLC (10.31%), State Street Corp (3.27%), Dimensional Fund Advisors LP (2.12%), FMR LLC (1.44%) and NWQ Investment Management Company LLC (1.37%). Company insiders that own Calpine Corporation stock include Iii W G Griggs, Jack A Fusco, Michael William Hofmann, Robert A Mosbacher Jr and W Benjamin Moreland.

Who sold Calpine Corporation stock? Who is selling Calpine Corporation stock?

Calpine Corporation's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, American National Insurance Co. TX, Dimensional Fund Advisors LP, Guggenheim Capital LLC, Raymond James Financial Services Advisors Inc., Pacad Investment Ltd., State Board of Administration of Florida Retirement System and Cadence Capital Management LLC.

Who bought Calpine Corporation stock? Who is buying Calpine Corporation stock?

Calpine Corporation's stock was purchased by a variety of institutional investors in the last quarter, including SailingStone Capital Partners LLC, NWQ Investment Management Company LLC, Hotchkis & Wiley Capital Management LLC, Discovery Capital Management LLC CT, Davidson Kempner Capital Management LP, Asset Management One Co. Ltd., Cedar Hill Associates LLC and State Street Corp. Company insiders that have bought Calpine Corporation stock in the last two years include Iii W G Griggs, Michael William Hofmann and W Benjamin Moreland.

How do I buy Calpine Corporation stock?

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

How much does a share of Calpine Corporation stock cost?

One share of Calpine Corporation stock can currently be purchased for approximately $11.47.

Calpine Corporation (NYSE:CPN) Chart for Monday, February, 20, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Calpine Corporation (NYSE:CPN)

Earnings History Chart

Earnings by Quarter for Calpine Corporation (NYSE:CPN)

Dividend History Chart

Dividend Payments by Quarter for Calpine Corporation (NYSE:CPN)

Last Updated on 2/20/2017 by MarketBeat.com Staff