Cleco Corp New: (NYSE: CNL)

$47.63

-0.03 (-0.06%)

Volume 98,849

May 21 03:33 PM ET

Zacks Rank: 3-Hold

Zacks Rank	Definition	Annualized Return
#1	Strong Buy	26.6%
#2	Buy	18.71%
#3	Hold	10.12%
#4	Sell	4.32%
#5	Strong Sell	2.16%
S&P	500	9.93%

Overview Quote

            Stock Activity
        
		Day Low - High
		47.27 - 47.78
	
		52wk Low - High
		38.46 - 49.52
	
		Previous Close
		47.66
	
		Avg. Volume
		209,878
	
		Industry
		UTIL-ELEC PWR
	
		Market Cap
		2.90 B
	
		Div - Yield
		1.45 - 3.04
	
		Beta
		0.44
	
		PE (Forward)
		18.87
	
		Current Year Est.
		2.53
	
		Quarterly Earnings ESP 
		-4.48%
	
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Consensus.

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		Zacks Rank  Short-Term: 1-3 Months
                                                                
                                                                Zacks #1 Rank Strong Buys
                                                                
                                                            This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below. 

                                                                        Zacks Rank
                                                                        Definition
                                                                        Annualized Return
                                                                    
                                                                        #1
                                                                        Strong Buy
                                                                        26.6%
                                                                    
                                                                        #2
                                                                        Buy
                                                                        18.71%
                                                                    
                                                                        #3
                                                                        Hold
                                                                        10.12%
                                                                    
                                                                        #4
                                                                        Sell
                                                                        4.32%
                                                                    
                                                                        #5
                                                                        Strong Sell
                                                                        2.16%
                                                                    
                                                                        S&P
                                                                        500
                                                                        9.93%
                                                                    
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		3
Hold

		Zacks Recommendation  Long-Term: 6+ Months
                                                                
                                                                All Outperform Rated Stocks
                                                                
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The Zacks Recommendations are split into 3 groups: Buy, Hold and Sell. Our Buy recommendations have generated returns of 34.4% in 2006, and 16.69% in 2007. When Zacks Premium members click on the recommendation it will launch them to the Zacks Equity Research report for the stock.    More on these reports below.

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		76 out of 265
	
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Updated as of 05/13/2013

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                Key Earnings Data
            
                            PE (Forward)
                            18.87
                        
                            PEG Ratio
                            2.36
                        
                            Current Year Est.
                            2.53
                        
                            Current Quarter Estimate
                            0.67
                        
                            Most Accurate Estimate
                            0.64
                        
                            Earnings ESP 
                            -4.48%
                        
                            Next Earnings Report Date
                            08-06-2013
                        
                            EPS Last Year
                            2.49
                        
                            Expected Earnings Growth
                            8.00%
                        
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Consensus.

            Company Description
        
Cleco Corp. is an energy services company based in central Louisiana. Their two primary businesses are Cleco Power LLC, a regulated electric utility business, and Cleco Midstream Resources LLC, a wholesale energy business. They use a mixture of western coal, petroleum coke (petcoke), lignite, oil, and natural gas to serve their customers. This diverse fuel mix helps Cleco deliver reliable, low-cost power to its customers.   
Full CNL Company Report

        
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Turn Earnings Surprises into quick profits.
 
CNL Chart  by YCharts

Earnings Estimates

	Current Qtr (06/2013)	Next Qtr (09/2013)	Current Year (12/2013)	Next Year (12/2014)
Average Estimate	0.67	1.00	2.53	2.81
Number of Estimates	2	2	5	4
Low Estimate	0.64	0.94	2.50	2.71
High Estimate	0.70	1.06	2.55	NA
Year Ago EPS	0.64	1.05	2.46	2.53
EPS Growth	4.69%	-4.76%	2.68%	11.24%

More CNL Estimates

Average Earnings Estimates for CNL

EPS Growth for CNL

Industry Analysis

Name	Symbol	Previous Close
CLECO CORP	CNL	47.66
CPFL ENERGI-ADR	CPL	22.01
ENDESA-CHILE	EOC	48.76
ALLETE INC	ALE	50.95
E.ON AG-ADR	EONGY	16.71
EL PASO ELEC CO	EE	37.84
EMPIRE DISTRICT	EDE	22.91
ENTERGY CORP	ETR	70.60
HUANENG POWER	HNP	46.77
IDACORP INC	IDA	49.49

Sector:Utilities>> Industry:UTIL-ELEC PWR

COMPARE TICKER vs. Its Peers

Zacks Commentary

DTE Energy Beats Earnings & Sales

Apr 26, 2013

CMS Energy Likely to Beat Earnings

Apr 23, 2013

Entergy's Earnings Likely to Beat

Apr 23, 2013

Alternative Energy Stock Outlook - Feb 2013

Feb 07, 2013

Alternative Energy Stock Outlook - Feb 2013

Feb, 07 2013 00:00

Alternative Energy Stock Outlook - Feb 2013

Feb, 07 2013 00:00

Report for CNL

May 13, 2013

More CNL Zacks Commentary

Financials

EPS TTM	2.49
Sales	994
Net Income	161
Price/Earnings	19.14
Price/Book	1.92
Price/Cash Flow	9.29
Price/Sales	2.87

More CNL Financials

News

Cleco sends crews to assist OGE in Oklahoma City - Thomson Reuters One

May 21, 2013

Cleco Earnings Review: 19 Days after Announcement Shares Down 1.9% (CNL) - Financial News Network Online - Earnings Lookback

May 18, 2013

Cleco Makes a Move: Up 2.0% - Financial News Network Online - Market Movers

May 15, 2013

IDACORP Ranks the Highest in Terms of Beta in the Electric Utilities Industry (IDA, ALE, CNL) - Financial News Network Online - News Corner

May 13, 2013

Cleco reports lower Q1 net income, affirms guidance for 2013 - Datamonitor

May 10, 2013

Placing Bets on Colombia: Paul Harris - StreetWiseReports

May 10, 2013

Shares of Cleco Under Pressure, Down 1.7% - Financial News Network Online - Market Movers

May 9, 2013

4 Utility Stocks More Profitable than the Industry Average - Kapitall

May 8, 2013

See All News Stories on CNL

Broker Recommendations

Current ABR	2.00
ABR (Last Week)	2.00
# of recs in ABR	5
Average Target Price	48.63
Industry Rank by ABR	76 out of 265
Rank in Industry	18 out of 78

More CNL Broker Recommendations

Day Low - High	47.27 - 47.78
52wk Low - High	38.46 - 49.52
Previous Close	47.66
Avg. Volume	209,878
Industry	UTIL-ELEC PWR
Market Cap	2.90 B
Div - Yield	1.45 - 3.04
Beta	0.44
PE (Forward)	18.87
Current Year Est.	2.53
Quarterly Earnings ESP	-4.48%

PE (Forward)	18.87
PEG Ratio	2.36
Current Year Est.	2.53
Current Quarter Estimate	0.67
Most Accurate Estimate	0.64
Earnings ESP	-4.48%
Next Earnings Report Date	08-06-2013
EPS Last Year	2.49
Expected Earnings Growth	8.00%

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Cleco Corp New: (NYSE: CNL)

$47.63

-0.03 (-0.06%)

Volume 98,849

May 21 03:33 PM ET

Stock Activity

Premium research

Zacks Rank Short-Term: 1-3 Months

Zacks Recommendation Long-Term: 6+ Months

Zacks Industry Rank

Equity Research Report

Key Earnings Data

Company Description

Earnings Estimates

Industry Analysis

Sector:Utilities>> Industry:UTIL-ELEC PWR

Zacks Commentary

Financials

News

Broker Recommendations