Cleco (CNL) Stock Price, News & Analysis

Company Overview

Cleco 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).

Key Stats

• Today's Range: $3.89 to $4.16
• 50-Day Range: N/A
• 52-Week Range: $44.78 to $55.37
• Volume: 10,020 shs
• Average Volume: 9,379 shs
• Market Capitalization: $319.67 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $7.00
• Consensus Rating: Buy

Cleco Stock Analysis - MarketRank™

Cleco scored higher than 22% of companies evaluated by MarketBeat, and ranked 172nd out of 193 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.7 / 5
• Analyst Rating: Buy

Consensus Rating

Cleco has received a consensus rating of Buy. The company's average rating score is 3.33, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Cleco has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Cleco are expected to grow in the coming year, from ($0.31) to ($0.25) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Cleco is -12.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Cleco is -12.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for CNL.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Cleco does not currently pay a dividend.

Dividend Growth

Cleco does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for CNL.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: 0.00

News Coverage This Week

MarketBeat has tracked 2 news articles for Cleco this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Cleco insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.55% of the stock of Cleco is held by insiders.

CNL Stock Analysis - Frequently Asked Questions

How were Cleco's earnings last quarter?

Cleco Corp (NYSE:CNL) released its quarterly earnings results on Friday, February, 26th. The utilities provider reported $0.38 EPS for the quarter, missing the consensus estimate of $0.44 by $0.06. The company's quarterly revenue was down 8.3% compared to the same quarter last year.

Who are Cleco's major shareholders?

Cleco's top institutional investors include Helikon Investments Ltd (8.33%), The Manufacturers Life Insurance Company (0.54%), U S Global Investors Inc. (0.18%) and Jane Street Group LLC (0.01%).
View institutional ownership trends.

What other stocks do shareholders of Cleco own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Cleco investors own include Genuine Parts (GPC), Autoliv (ALV), Duke Energy (DUK), Ford Motor (F), AeroVironment (AVAV), Liberty All-Star Growth Fund (ASG) and AmeriGas Partners (APU).

Company Calendar

• Last Earnings: 2/26/2016
• Today: 12/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: Gold & silver ores
• Sub-Industry: Electric Utilities
• Current Symbol: NYSE:CNL
• CUSIP: 12561W10
• CIK: 1089819
• Web: www.cleco.com
• Phone: +1-318-4847400
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $7.00
• High Stock Price Target: $7.00
• Low Stock Price Target: $7.00
• Potential Upside/Downside: +69.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.33
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.34)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-19,130,000.00
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -129.04%
• Return on Assets: -104.12%

Debt

• Debt-to-Equity Ratio: 0.01
• Current Ratio: 4.36
• Quick Ratio: 4.36

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 77,590,000
• Free Float: 76,389,000
• Market Cap: $319.67 million
• Optionable: Not Optionable
• Beta: N/A