Calpine Corporation Company Profile (NYSE:CPN)

About Calpine Corporation (NYSE:CPN)

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. As of December 31, 2016, the Company's portfolio consisted of two types of power generation technologies, including natural gas-fired combustion turbines, such as combined-cycle plants, and renewable geothermal conventional steam turbines. As of December 31, 2016, the Company's portfolio included 80 power plants, including one under construction, with an aggregate generation capacity of 25,908 Megawatt (MW) and 828 MW under construction. As of December 31, 2016, it had four MW of capacity from solar power generation technology at its Vineland Solar Energy Center in New Jersey.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Electric Utilities - NEC
  • Sub-Industry: Independent Power Producers & Energy Traders
  • Symbol: NYSE:CPN
  • CUSIP: 13134730
  • Web: www.calpine.com
Capitalization:
  • Market Cap: $5.02053 billion
  • Outstanding Shares: 360,670,000
Average Prices:
  • 50 Day Moving Avg: $13.86
  • 200 Day Moving Avg: $12.24
  • 52 Week Range: $9.30 - $14.76
P/E:
  • Trailing P/E Ratio: 101.50
  • Foreward P/E Ratio: 20.15
  • P/E Growth: 15.45
Sales & Book Value:
  • Annual Revenue: $8.03 billion
  • Price / Sales: 0.61
  • Book Value: $8.31 per share
  • Price / Book: 1.62
Profitability:
  • EBIDTA: $1.55 billion
  • Net Margins: 0.57%
  • Return on Equity: -8.92%
  • Return on Assets: -1.57%
Debt:
  • Debt-to-Equity Ratio: 3.68%
  • Current Ratio: 1.11%
  • Quick Ratio: 0.95%
Misc:
  • Average Volume: 3.80 million shs.
  • Beta: 1.02
  • Short Ratio: 5.57
 

Frequently Asked Questions for Calpine Corporation (NYSE:CPN)

What is Calpine Corporation's stock symbol?

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

How were Calpine Corporation's earnings last quarter?

Calpine Corporation (NYSE:CPN) posted its quarterly earnings data on Friday, July, 28th. The company reported ($0.61) earnings per share for the quarter, missing the consensus estimate of $0.02 by $0.63. The company earned $2.08 billion during the quarter, compared to the consensus estimate of $1.15 billion. Calpine Corporation had a negative return on equity of 8.92% and a net margin of 0.57%. The business's revenue for the quarter was up 79.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.06 EPS. View Calpine Corporation's Earnings History.

When will Calpine Corporation make its next earnings announcement?

Calpine Corporation is scheduled to release their next quarterly earnings announcement on Friday, October, 27th 2017. View Earnings Estimates for Calpine Corporation.

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

9 brokerages have issued 1-year price objectives for Calpine Corporation's stock. Their predictions range from $11.00 to $18.00. On average, they expect Calpine Corporation's stock price to reach $14.63 in the next twelve months. View Analyst Ratings for Calpine Corporation.

Who are some of Calpine Corporation's key competitors?

Who are Calpine Corporation's key executives?

Calpine Corporation's management team includes the folowing people:

  • Frank Cassidy, Independent Chairman of the Board
  • John B. Hill III, President, Chief Executive Officer, Director
  • Zamir Rauf, Chief Financial Officer, Executive Vice President
  • William Thaddeus Miller, Executive Vice President, Chief Legal Officer, Secretary
  • Charlie M. Gates, Executive Vice President - Power Operations
  • W G Griggs III, Executive Vice President. Chief Commercial Officer, President - Calpine Retail
  • Jeff Koshkin, Senior Vice President, Chief Accounting Officer
  • Jack A. Fusco, Director
  • Marry Laurie Brlas, Independent Director
  • Michael W. Hofmann, Independent Director

Who owns Calpine Corporation stock?

Calpine Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Hotchkis & Wiley Capital Management LLC (13.11%), Vanguard Group Inc. (8.32%), FMR LLC (4.77%), BlackRock Inc. (4.40%), Dimensional Fund Advisors LP (2.60%) and Bank of New York Mellon Corp (2.49%). Company insiders that own Calpine Corporation stock include Iii W G Griggs, Jack A Fusco, Michael William Hofmann and W Benjamin Moreland. View Institutional Ownership Trends for Calpine Corporation.

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 Sound Shore Management Inc. CT, BlackRock Inc., Bank of New York Mellon Corp, State Street Corp, Strs Ohio, Los Angeles Capital Management & Equity Research Inc., Sumitomo Mitsui Trust Holdings Inc. and Private Management Group Inc.. View Insider Buying and Selling for Calpine Corporation.

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

Calpine Corporation's stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Janus Henderson Group PLC, First Trust Advisors LP, Dimensional Fund Advisors LP, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Blackstart Capital LP, Hotchkis & Wiley Capital Management LLC and Shufro Rose & Co. LLC. 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. View Insider Buying and Selling for Calpine Corporation.

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.

What is Calpine Corporation's stock price today?

One share of Calpine Corporation stock can currently be purchased for approximately $13.50.


MarketBeat Community Rating for Calpine Corporation (NYSE CPN)
Community Ranking:  2.6 out of 5 ( )
Outperform Votes:  300 (Vote Outperform)
Underperform Votes:  285 (Vote Underperform)
Total Votes:  585
MarketBeat's community ratings are surveys of what our community members think about Calpine Corporation 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 Calpine Corporation (NYSE:CPN) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 4 Hold Ratings, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.56)
Consensus Price Target: $14.63 (8.33% upside)

Analysts' Ratings History for Calpine Corporation (NYSE:CPN)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/31/2017BMO Capital MarketsBoost Price TargetOutperform$14.00 -> $16.00LowView Rating Details
7/24/2017Royal Bank Of CanadaReiterated RatingBuy$15.00MediumView Rating Details
7/11/2017Morgan StanleySet Price TargetHold$11.00MediumView Rating Details
7/10/2017Goldman Sachs Group, Inc. (The)DowngradeBuy -> NeutralHighView Rating Details
7/6/2017Citigroup Inc.Set Price TargetBuy$15.00LowView Rating Details
5/11/2017Deutsche Bank AGSet Price TargetBuy$14.00LowView Rating Details
1/20/2017Barclays PLCBoost Price TargetOverweight$17.00 -> $18.00N/AView Rating Details
11/22/2016Bank of America CorporationDowngradeBuy -> NeutralN/AView Rating Details
8/29/2016SunTrust Banks, Inc.Boost Price Target$13.00 -> $14.00N/AView Rating Details
3/8/2016ArgusDowngradeBuy -> HoldN/AView Rating Details
1/28/2016GuggenheimInitiated CoverageBuy$22.00N/AView Rating Details
1/12/2016MacquarieLower Price Target$25.00 -> $22.00N/AView Rating Details
11/3/2015Evercore ISILower Price TargetBuy$21.00 -> $19.50N/AView Rating Details
9/24/2015Wolfe ResearchLower Price TargetOutperform$25.00 -> $22.00N/AView Rating Details
(Data available from 8/18/2015 forward)

Earnings

Earnings History for Calpine Corporation (NYSE:CPN)
Earnings by Quarter for Calpine Corporation (NYSE:CPN)
Earnings History by Quarter for Calpine Corporation (NYSE CPN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/26/2017$0.69N/AView Earnings Details
7/28/2017Q2 2017$0.02($0.61)$1.15 billion$2.08 billionViewN/AView Earnings Details
4/28/2017Q1 2017($0.17)($0.32)$1.16 billion$2.28 billionViewN/AView Earnings Details
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)($0.29)$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$0.97$1.69 billion$1.95 billionViewListenView Earnings Details
7/30/2015Q215$0.04$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($0.08)($0.13)$1.63 billion$1.94 billionViewN/AView Earnings Details
11/6/2014Q314$0.50$0.76$1.85 billion$2.18 billionViewListenView Earnings Details
8/1/2014Q2($0.03)($0.01)$1.40 billion$1.94 billionViewListenView Earnings Details
5/1/2014Q114($0.06)$0.13$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)
2017 EPS Consensus Estimate: $0.90
2018 EPS Consensus Estimate: $0.80
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($0.22)($0.22)($0.22)
Q2 20171$0.19$0.19$0.19
Q3 20171$0.94$0.94$0.94
Q4 20171($0.01)($0.01)($0.01)
Q1 20181($0.19)($0.19)($0.19)
Q2 20181($0.22)($0.22)($0.22)
Q3 20181$1.08$1.08$1.08
Q4 20181$0.13$0.13$0.13
Q1 20191($0.16)($0.16)($0.16)
Q2 20191($0.19)($0.19)($0.19)
(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 and Institutional Ownership History for Calpine Corporation (NYSE:CPN)
Insider Ownership Percentage: 1.20%
Institutional Ownership Percentage: 90.16%
Insider Trades by Quarter for Calpine Corporation (NYSE:CPN)
Institutional Ownership by Quarter for Calpine Corporation (NYSE:CPN)
Insider Trades by Quarter for Calpine Corporation (NYSE:CPN)
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

Headline Trends for Calpine Corporation (NYSE:CPN)
Latest Headlines for Calpine Corporation (NYSE:CPN)
Source:
DateHeadline
seekingalpha.com logoEnergy Capital confirms Calpine buyout for $5.6B
seekingalpha.com - August 18 at 11:41 AM
nasdaq.com logoEnergy Capital Partners Reportedly Nears $17 Bln Deal To Buy Calpine - Nasdaq
www.nasdaq.com - August 17 at 11:49 PM
marketwatch.com logoEnergy Capital Partners nears $17 billion deal to buy Calpine: report - MarketWatch
www.marketwatch.com - August 17 at 11:49 PM
finance.yahoo.com logoEnergy Capital Is Said to Plan $5.5 Billion Calpine Takeover
finance.yahoo.com - August 17 at 11:49 PM
finance.yahoo.com logoEnergy Capital Partners nears $17 billion deal to buy Calpine: report
finance.yahoo.com - August 17 at 11:49 PM
finance.yahoo.com logo[$$] Energy Capital Partners Is Nearing Deal to Buy Calpine
finance.yahoo.com - August 17 at 11:49 PM
seekingalpha.com logoWSJ: Calpine near takeout by Energy Capital Partners for $15.25/share
seekingalpha.com - August 17 at 10:49 PM
finance.yahoo.com logoFOREX-Dollar falls after Fed minutes, dismantling of Trump council
finance.yahoo.com - August 16 at 5:52 PM
finance.yahoo.com logoETFs with exposure to Calpine Corp. : August 15, 2017
finance.yahoo.com - August 15 at 6:12 PM
finance.yahoo.com logoCalpine Corp. breached its 50 day moving average in a Bullish Manner : CPN-US : August 14, 2017
finance.yahoo.com - August 14 at 5:49 PM
seekingalpha.com logoGuess The Target: AES, Calpine, Dynegy, NRG? - Seeking Alpha
seekingalpha.com - August 10 at 11:44 PM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Calpine Corp.
finance.yahoo.com - August 9 at 11:03 PM
americanbankingnews.com logoQ3 2017 EPS Estimates for Calpine Corporation Increased by Analyst (NYSE:CPN)
www.americanbankingnews.com - August 2 at 7:28 AM
finance.yahoo.com logoCalpine Corp. :CPN-US: Earnings Analysis: Q2, 2017 By the Numbers : August 1, 2017
finance.yahoo.com - August 1 at 6:08 PM
americanbankingnews.com logoSunTrust Banks Weighs in on Calpine Corporation's FY2017 Earnings (NYSE:CPN)
www.americanbankingnews.com - August 1 at 8:48 AM
americanbankingnews.com logoCalpine Corporation (NYSE:CPN) Price Target Increased to $16.00 by Analysts at BMO Capital Markets
www.americanbankingnews.com - July 31 at 7:20 PM
americanbankingnews.com logoBMO Capital Markets Reaffirms "Buy" Rating for Calpine Corporation (NYSE:CPN)
www.americanbankingnews.com - July 29 at 11:52 AM
finance.yahoo.com logoEdited Transcript of CPN earnings conference call or presentation 28-Jul-17 2:00pm GMT
finance.yahoo.com - July 29 at 5:16 AM
americanbankingnews.com logoCalpine Corporation (NYSE:CPN) Issues Quarterly Earnings Results, Misses Expectations By $0.63 EPS
www.americanbankingnews.com - July 29 at 12:21 AM
rttnews.com logoEARNINGS SUMMARY: Details of Calpine Corp. Q2 Earnings Report
www.rttnews.com - July 28 at 7:14 PM
seekingalpha.com logoCalpine (CPN) Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - July 28 at 7:14 PM
finance.yahoo.com logoCalpine Reports Second Quarter 2017 Results and Reaffirms 2017 Guidance
finance.yahoo.com - July 28 at 7:14 PM
finance.yahoo.com logoInvestor Network: Calpine Corporation to Host Earnings Call
finance.yahoo.com - July 28 at 7:14 PM
finance.yahoo.com logoMajor Houston power co. confirms sales talks, reports larger net loss
finance.yahoo.com - July 28 at 7:14 PM
finance.yahoo.com logoCalpine reports 2Q loss
finance.yahoo.com - July 28 at 7:14 PM
finance.yahoo.com logoWhy Calpine Corporation (CPN) Might Surprise This Earnings Season
finance.yahoo.com - July 27 at 5:46 PM
finance.yahoo.com logoPE firm reportedly in talks to buy major Houston power company
finance.yahoo.com - July 27 at 5:46 PM
finance.yahoo.com logoEnergy Capital in advanced talks to buy Calpine - Bloomberg
finance.yahoo.com - July 27 at 3:24 AM
seekingalpha.com logoBloomberg: Calpine in takeover talks with P-E firm
seekingalpha.com - July 26 at 9:43 PM
americanbankingnews.com logoCalpine Corporation (CPN) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - July 25 at 4:51 PM
americanbankingnews.com logoRoyal Bank Of Canada Reiterates Buy Rating for Calpine Corporation (CPN)
www.americanbankingnews.com - July 24 at 10:20 PM
americanbankingnews.com logoFinancial Comparison: Spark Energy (SPKE) & Calpine Corporation (CPN)
www.americanbankingnews.com - July 23 at 2:12 PM
americanbankingnews.com logoCalpine Corporation (NYSE:CPN) to Release Quarterly Earnings on Friday
www.americanbankingnews.com - July 21 at 7:08 AM
americanbankingnews.com logoCalpine Corporation Sees Unusually High Options Volume (CPN)
www.americanbankingnews.com - July 20 at 7:38 AM
finance.yahoo.com logoCalpine to Announce Second Quarter 2017 Results on July 28, 2017
finance.yahoo.com - July 17 at 5:51 PM
americanbankingnews.com logoCalpine Corporation (NYSE:CPN) Upgraded to Hold at BidaskClub
www.americanbankingnews.com - July 16 at 3:28 PM
finance.yahoo.com logoNRG Energy to raise up to $4 bln through asset sales, shares soar
finance.yahoo.com - July 12 at 6:10 PM
americanbankingnews.com logoZacks Investment Research Downgrades Calpine Corporation (NYSE:CPN) to Hold
www.americanbankingnews.com - July 12 at 5:59 PM
americanbankingnews.com logoCalpine Corporation (CPN) Earns "Equal Weight" Rating from Morgan Stanley
www.americanbankingnews.com - July 10 at 9:40 PM
americanbankingnews.com logoCalpine Corporation (CPN) Stock Rating Lowered by Goldman Sachs Group, Inc. (The)
www.americanbankingnews.com - July 10 at 7:52 AM
americanbankingnews.com logoCalpine Corporation (NYSE:CPN) Given a $15.00 Price Target by Citigroup Inc. Analysts
www.americanbankingnews.com - July 7 at 6:56 PM
americanbankingnews.com logoCalpine Corporation (NYSE:CPN) Downgraded by BidaskClub to Sell
www.americanbankingnews.com - July 5 at 11:40 PM
americanbankingnews.com logoTraders Purchase High Volume of Put Options on Calpine Corporation (NYSE:CPN)
www.americanbankingnews.com - July 1 at 7:23 AM
finance.yahoo.com logoUtilities: Tough to Stop This Sector's Powerful Performance
finance.yahoo.com - June 30 at 5:36 PM
americanbankingnews.com logoCalpine Corporation (CPN) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - June 30 at 9:10 AM
americanbankingnews.com logoCalpine Corporation (CPN) Rating Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - June 27 at 5:50 PM
americanbankingnews.com logoCalpine Corporation (CPN) Upgraded by Zacks Investment Research to "Buy"
www.americanbankingnews.com - June 26 at 7:02 PM
americanbankingnews.com logoCalpine Corporation Target of Unusually Large Options Trading (CPN)
www.americanbankingnews.com - June 25 at 7:02 AM
americanbankingnews.com logoCalpine Corporation (CPN) Price Target Increased to $15.00 by Analysts at Royal Bank Of Canada
www.americanbankingnews.com - June 22 at 10:16 AM
feeds.benzinga.com logoWall Street's M&A Chatter From June 20: Calpine, Parexel, Gilead, Spherix-Hoth Therapeutics, Norsat-Hytera
feeds.benzinga.com - June 21 at 8:06 AM

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Chart

Calpine Corporation (CPN) Chart for Friday, August, 18, 2017

This page was last updated on 8/18/2017 by MarketBeat.com Staff