Calpine 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?
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?
Some companies that are related to Calpine Corporation include Pinnacle West Capital Corporation (PNW), Alliant Energy Corporation (LNT), Scana Corporation (SCG), CPFL Energia S.A. (CPL), NRG Energy (NRG), Vistra Energy Corp. (VST), The AES Corporation (AES), Westar Energy (WR), OGE Energy Corporation (OGE), Pepco Holdings LLC (POM), Great Plains Energy (GXP), Empresa Nacional de Electricidad S.A. (EOCC), Pampa Energia S.A. (PAM), IDACORP (IDA), Portland General Electric Company (POR), Allete (ALE), Hawaiian Electric Industries (HE) and PNM Resources, Inc. (Holding Co.) (PNM).
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)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.
Consensus Ratings for Calpine Corporation (NYSE:CPN) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| 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:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 7/31/2017 | BMO Capital Markets | Boost Price Target | Outperform | $14.00 -> $16.00 | Low |  |
| 7/24/2017 | Royal Bank Of Canada | Reiterated Rating | Buy | $15.00 | Medium | |
| 7/11/2017 | Morgan Stanley | Set Price Target | Hold | $11.00 | Medium | |
| 7/10/2017 | Goldman Sachs Group, Inc. (The) | Downgrade | Buy -> Neutral | | High | |
| 7/6/2017 | Citigroup Inc. | Set Price Target | Buy | $15.00 | Low | |
| 5/11/2017 | Deutsche Bank AG | Set Price Target | Buy | $14.00 | Low | |
| 1/20/2017 | Barclays PLC | Boost Price Target | Overweight | $17.00 -> $18.00 | N/A | |
| 11/22/2016 | Bank of America Corporation | Downgrade | Buy -> Neutral | | N/A | |
| 8/29/2016 | SunTrust Banks, Inc. | Boost Price Target | | $13.00 -> $14.00 | N/A | |
| 3/8/2016 | Argus | Downgrade | Buy -> Hold | | N/A | |
| 1/28/2016 | Guggenheim | Initiated Coverage | Buy | $22.00 | N/A | |
| 1/12/2016 | Macquarie | Lower Price Target | | $25.00 -> $22.00 | N/A | |
| 11/3/2015 | Evercore ISI | Lower Price Target | Buy | $21.00 -> $19.50 | N/A | |
| 9/24/2015 | Wolfe Research | Lower Price Target | Outperform | $25.00 -> $22.00 | N/A | |
(Data available from 8/18/2015 forward)
Earnings History for Calpine Corporation (NYSE:CPN)Earnings History by Quarter for Calpine Corporation (NYSE CPN)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/26/2017 | | $0.69 | | | | | N/A | |
| 7/28/2017 | Q2 2017 | $0.02 | ($0.61) | $1.15 billion | $2.08 billion | View | N/A | |
| 4/28/2017 | Q1 2017 | ($0.17) | ($0.32) | $1.16 billion | $2.28 billion | View | N/A | |
| 2/10/2017 | Q416 | ($0.15) | ($0.40) | $1.23 billion | $1.58 billion | View | N/A | |
| 10/28/2016 | Q316 | $0.59 | $0.83 | $2.14 billion | $2.36 billion | View | Listen | |
| 7/29/2016 | Q216 | ($0.02) | ($0.08) | $1.29 billion | $1.16 billion | View | Listen | |
| 4/29/2016 | Q116 | ($0.06) | ($0.29) | $1.38 billion | $1.62 billion | View | Listen | |
| 2/12/2016 | Q415 | ($0.16) | ($0.13) | $1.18 billion | $1.49 billion | View | Listen | |
| 10/30/2015 | Q315 | $0.83 | $0.97 | $1.69 billion | $1.95 billion | View | Listen | |
| 7/30/2015 | Q215 | $0.04 | $0.09 | $1.37 billion | $1.44 billion | View | Listen | |
| 5/1/2015 | Q115 | ($0.10) | ($0.17) | $1.43 billion | $1.65 billion | View | N/A | |
| 2/13/2015 | Q414 | ($0.08) | ($0.13) | $1.63 billion | $1.94 billion | View | N/A | |
| 11/6/2014 | Q314 | $0.50 | $0.76 | $1.85 billion | $2.18 billion | View | Listen | |
| 8/1/2014 | Q2 | ($0.03) | ($0.01) | $1.40 billion | $1.94 billion | View | Listen | |
| 5/1/2014 | Q114 | ($0.06) | $0.13 | $1.31 billion | $1.97 billion | View | Listen | |
| 2/13/2014 | Q413 | ($0.07) | ($0.28) | $1.59 billion | $1.44 billion | View | Listen | |
| 11/7/2013 | Q313 | $0.65 | $0.70 | $1.89 billion | $2.05 billion | View | Listen | |
| 7/25/2013 | Q2 2013 | $0.02 | ($0.16) | $1.32 billion | $1.57 billion | View | Listen | |
| 5/2/2013 | Q1 2013 | ($0.16) | ($0.16) | $1.18 billion | $1.24 billion | View | Listen | |
| 2/13/2013 | Q4 2012 | ($0.05) | $0.22 | $2.81 billion | $1.37 billion | View | Listen | |
| 11/6/2012 | Q312 | $0.45 | $0.47 | $1.88 billion | $2.00 billion | View | N/A | |
| 7/27/2012 | | ($0.03) | ($0.69) | | | View | N/A | |
| 4/27/2012 | | ($0.11) | ($0.14) | | | View | N/A | |
| 2/10/2012 | | ($0.02) | ($0.03) | | | View | N/A | |
| 10/28/2011 | | $0.41 | $0.39 | | | View | N/A | |
| 7/29/2011 | | $0.01 | ($0.14) | | | View | N/A | |
| 4/29/2011 | | ($0.13) | ($0.61) | | | View | N/A | |
| 2/18/2011 | | $0.09 | ($0.38) | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Calpine Corporation (NYSE:CPN)2017 EPS Consensus Estimate: $0.90
2018 EPS Consensus Estimate: $0.80
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | ($0.22) | ($0.22) | ($0.22) |
| Q2 2017 | 1 | $0.19 | $0.19 | $0.19 |
| Q3 2017 | 1 | $0.94 | $0.94 | $0.94 |
| Q4 2017 | 1 | ($0.01) | ($0.01) | ($0.01) |
| Q1 2018 | 1 | ($0.19) | ($0.19) | ($0.19) |
| Q2 2018 | 1 | ($0.22) | ($0.22) | ($0.22) |
| Q3 2018 | 1 | $1.08 | $1.08 | $1.08 |
| Q4 2018 | 1 | $0.13 | $0.13 | $0.13 |
| Q1 2019 | 1 | ($0.16) | ($0.16) | ($0.16) |
| Q2 2019 | 1 | ($0.19) | ($0.19) | ($0.19) |
(Data provided by Zacks Investment Research)
Dividend History for Calpine Corporation (NYSE:CPN)
No dividend announcements for this company have been tracked by MarketBeat.com
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)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 11/2/2016 | W Benjamin Moreland | Director | Buy | 50,000 | $11.08 | $554,000.00 | |
| 7/13/2016 | Jack A Fusco | Director | Sell | 54,600 | $15.00 | $819,000.00 | |
| 7/11/2016 | Jack A Fusco | Director | Sell | 24,800 | $14.75 | $365,800.00 | |
| 7/1/2016 | Jack A Fusco | Director | Sell | 154,600 | $14.72 | $2,275,712.00 | |
| 6/6/2016 | Jack A Fusco | Director | Sell | 68,000 | $15.76 | $1,071,680.00 | |
| 5/31/2016 | Jack A Fusco | Director | Sell | 235,000 | $14.78 | $3,473,300.00 | |
| 2/24/2016 | Michael William Hofmann | Director | Buy | 20,000 | $12.36 | $247,200.00 | |
| 11/12/2015 | Iii W. G. Griggs | EVP | Buy | 15,000 | $14.79 | $221,850.00 | |
| 2/24/2015 | Robert A Mosbacher Jr | Director | Sell | 7,500 | $20.02 | $150,150.00 | |
| 5/15/2014 | David Merritt | Director | Sell | 10,000 | $22.39 | $223,900.00 | |
| 9/10/2013 | J. Stuart Ryan | Director | Sell | 10,979,900 | $18.92 | $207,739,708.00 | |
| 8/20/2013 | Robert Mosbacher, Jr. | Director | Sell | 8,000 | $19.14 | $153,120.00 | |
| 8/19/2013 | David Merritt | Director | Buy | 10,000 | $18.69 | $186,900.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Calpine Corporation (NYSE:CPN)
Latest Headlines for Calpine Corporation (NYSE:CPN)
| Source: |
|
| Date | Headline |
|---|
 | Energy Capital confirms Calpine buyout for $5.6B
seekingalpha.com - August 18 at 11:41 AM |
 | Energy Capital Partners Reportedly Nears $17 Bln Deal To Buy Calpine - Nasdaq
www.nasdaq.com - August 17 at 11:49 PM |
 | Energy Capital Partners nears $17 billion deal to buy Calpine: report - MarketWatch
www.marketwatch.com - August 17 at 11:49 PM |
 | Energy Capital Is Said to Plan $5.5 Billion Calpine Takeover
finance.yahoo.com - August 17 at 11:49 PM |
| Energy Capital Partners nears $17 billion deal to buy Calpine: report
finance.yahoo.com - August 17 at 11:49 PM |
| [$$] Energy Capital Partners Is Nearing Deal to Buy Calpine
finance.yahoo.com - August 17 at 11:49 PM |
| WSJ: Calpine near takeout by Energy Capital Partners for $15.25/share
seekingalpha.com - August 17 at 10:49 PM |
| FOREX-Dollar falls after Fed minutes, dismantling of Trump council
finance.yahoo.com - August 16 at 5:52 PM |
| ETFs with exposure to Calpine Corp. : August 15, 2017
finance.yahoo.com - August 15 at 6:12 PM |
| Calpine 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 |
| Guess The Target: AES, Calpine, Dynegy, NRG? - Seeking Alpha
seekingalpha.com - August 10 at 11:44 PM |
| See what the IHS Markit Score report has to say about Calpine Corp.
finance.yahoo.com - August 9 at 11:03 PM |
 | Q3 2017 EPS Estimates for Calpine Corporation Increased by Analyst (NYSE:CPN)
www.americanbankingnews.com - August 2 at 7:28 AM |
| Calpine Corp. :CPN-US: Earnings Analysis: Q2, 2017 By the Numbers : August 1, 2017
finance.yahoo.com - August 1 at 6:08 PM |
| SunTrust Banks Weighs in on Calpine Corporation's FY2017 Earnings (NYSE:CPN)
www.americanbankingnews.com - August 1 at 8:48 AM |
| Calpine Corporation (NYSE:CPN) Price Target Increased to $16.00 by Analysts at BMO Capital Markets
www.americanbankingnews.com - July 31 at 7:20 PM |
| BMO Capital Markets Reaffirms "Buy" Rating for Calpine Corporation (NYSE:CPN)
www.americanbankingnews.com - July 29 at 11:52 AM |
| Edited Transcript of CPN earnings conference call or presentation 28-Jul-17 2:00pm GMT
finance.yahoo.com - July 29 at 5:16 AM |
| Calpine Corporation (NYSE:CPN) Issues Quarterly Earnings Results, Misses Expectations By $0.63 EPS
www.americanbankingnews.com - July 29 at 12:21 AM |
 | EARNINGS SUMMARY: Details of Calpine Corp. Q2 Earnings Report
www.rttnews.com - July 28 at 7:14 PM |
| Calpine (CPN) Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - July 28 at 7:14 PM |
| Calpine Reports Second Quarter 2017 Results and Reaffirms 2017 Guidance
finance.yahoo.com - July 28 at 7:14 PM |
| Investor Network: Calpine Corporation to Host Earnings Call
finance.yahoo.com - July 28 at 7:14 PM |
| Major Houston power co. confirms sales talks, reports larger net loss
finance.yahoo.com - July 28 at 7:14 PM |
| Calpine reports 2Q loss
finance.yahoo.com - July 28 at 7:14 PM |
| Why Calpine Corporation (CPN) Might Surprise This Earnings Season
finance.yahoo.com - July 27 at 5:46 PM |
| PE firm reportedly in talks to buy major Houston power company
finance.yahoo.com - July 27 at 5:46 PM |
| Energy Capital in advanced talks to buy Calpine - Bloomberg
finance.yahoo.com - July 27 at 3:24 AM |
| Bloomberg: Calpine in takeover talks with P-E firm
seekingalpha.com - July 26 at 9:43 PM |
| Calpine Corporation (CPN) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - July 25 at 4:51 PM |
| Royal Bank Of Canada Reiterates Buy Rating for Calpine Corporation (CPN)
www.americanbankingnews.com - July 24 at 10:20 PM |
| Financial Comparison: Spark Energy (SPKE) & Calpine Corporation (CPN)
www.americanbankingnews.com - July 23 at 2:12 PM |
| Calpine Corporation (NYSE:CPN) to Release Quarterly Earnings on Friday
www.americanbankingnews.com - July 21 at 7:08 AM |
| Calpine Corporation Sees Unusually High Options Volume (CPN)
www.americanbankingnews.com - July 20 at 7:38 AM |
| Calpine to Announce Second Quarter 2017 Results on July 28, 2017
finance.yahoo.com - July 17 at 5:51 PM |
| Calpine Corporation (NYSE:CPN) Upgraded to Hold at BidaskClub
www.americanbankingnews.com - July 16 at 3:28 PM |
| NRG Energy to raise up to $4 bln through asset sales, shares soar
finance.yahoo.com - July 12 at 6:10 PM |
| Zacks Investment Research Downgrades Calpine Corporation (NYSE:CPN) to Hold
www.americanbankingnews.com - July 12 at 5:59 PM |
| Calpine Corporation (CPN) Earns "Equal Weight" Rating from Morgan Stanley
www.americanbankingnews.com - July 10 at 9:40 PM |
| Calpine Corporation (CPN) Stock Rating Lowered by Goldman Sachs Group, Inc. (The)
www.americanbankingnews.com - July 10 at 7:52 AM |
| Calpine Corporation (NYSE:CPN) Given a $15.00 Price Target by Citigroup Inc. Analysts
www.americanbankingnews.com - July 7 at 6:56 PM |
| Calpine Corporation (NYSE:CPN) Downgraded by BidaskClub to Sell
www.americanbankingnews.com - July 5 at 11:40 PM |
| Traders Purchase High Volume of Put Options on Calpine Corporation (NYSE:CPN)
www.americanbankingnews.com - July 1 at 7:23 AM |
| Utilities: Tough to Stop This Sector's Powerful Performance
finance.yahoo.com - June 30 at 5:36 PM |
| Calpine Corporation (CPN) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - June 30 at 9:10 AM |
| Calpine Corporation (CPN) Rating Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - June 27 at 5:50 PM |
| Calpine Corporation (CPN) Upgraded by Zacks Investment Research to "Buy"
www.americanbankingnews.com - June 26 at 7:02 PM |
| Calpine Corporation Target of Unusually Large Options Trading (CPN)
www.americanbankingnews.com - June 25 at 7:02 AM |
| Calpine Corporation (CPN) Price Target Increased to $15.00 by Analysts at Royal Bank Of Canada
www.americanbankingnews.com - June 22 at 10:16 AM |
 | Wall 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 |
Calpine Corporation (CPN) Chart for Friday, August, 18, 2017
