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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength

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GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth

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» CNL's 30-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

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Business Description

Industry: Utilities - Regulated » Utilities - Regulated Electric  
Compare:NYSE:ALE, NYSE:HE, NYSE:NYLD.A, OTCPK:EQUEY, NYSE:PNM, NYSE:POR, NYSE:PAM, NYSE:IDA, OTCPK:CTPZY, OTCPK:EDRWY, OTCPK:GCPEF, NYSE:EE, NAS:ABY, OTCPK:IESFY, OTCPK:CPXWF, OTCPK:IKSGY, NYSE:EDN, NYSE:EBR, NYSE:ENIC, OTCPK:ABZPF » details
Traded in other countries:83C.Germany,
Headquarter Location:USA
Cleco Corp is a public utility holding company that owns a vertically integrated electric utility, Cleco Power, which is engaged in the generation, transmission, distribution and sale of electricity in Louisiana.

Cleco Corp was incorporated on October 30, 1998, under the laws of the State of Louisiana. It is a public utility holding company that owns a vertically integrated electric utility, Cleco Power, which is engaged in the generation, transmission, distribution and sale of electricity primarily in Louisiana.

Guru Investment Theses on Cleco Corp

Mario Gabelli Comments on Cleco Corp - Jan 29, 2016

Cleco Corp. (1.7%) (CNL – $52.21 – NYSE)(NYSE:CNL), headquartered in Pineville, Louisiana, is a utility holding company. On October 20, 2014, the company agreed to be acquired by an investor group led by Macquarie Infrastructure and Real Assets and British Columbia Investment Management Corporation. Cleco shareholders will receive $55.37 per share in cash, or $2.7 billion. The transaction is subject to regulatory and shareholder approvals and is expected to close in the first quarter of 2016.


From Mario Gabelli (Trades, Portfolio)'s ABC Fund Merger and Arbitrage shareholder letter for the fourth quarter 2015.

Check out Mario Gabelli latest stock trades

Mario Gabelli Comments on Cleco Corp - Oct 19, 2015

Cleco Corp. (1.8%) (NYSE:CNL)(CNL – $53.24 – NYSE), headquartered in Pineville, Louisiana, is a utility holding company. On October 20, 2014, the company agreed to be acquired by an investor group led by Macquarie Infrastructure and Real Assets and British Columbia Investment Management Corporation. Cleco shareholders will receive $55.37 per share in cash. The transaction is subject to regulatory and shareholder approvals and is expected to close in the second half of 2015.



From Mario Gabelli (Trades, Portfolio)'s third quarter 2015 ABC Fund commentary.

Check out Mario Gabelli latest stock trades

Top Ranked Articles about Cleco Corp

David Abrams' Top Trades of 1st Quarter Guru buys Barnes & Noble and sells Manitowoc
David Abrams (Trades, Portfolio) founded Abrams Capital Management, which oversees nearly $8 billion in assets across three funds. During the first quarter he traded the following stocks. Read more...

Ratios

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Dividend & Buy Back

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Dividend Yield % 2.89
CNL's Dividend Yield % is ranked lower than
58% of the 1045 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 3.32 vs. CNL: 2.89 )
Ranked among companies with meaningful Dividend Yield % only.
CNL' s Dividend Yield % Range Over the Past 10 Years
Min: 0  Med: 0 Max: 2.89
Current: 2.89
0
2.89
Dividend Payout Ratio 0.73
CNL's Dividend Payout Ratio is ranked lower than
69% of the 590 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 0.55 vs. CNL: 0.73 )
Ranked among companies with meaningful Dividend Payout Ratio only.
CNL' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0  Med: 0 Max: 0.73
Current: 0.73
0
0.73
Forward Dividend Yield % 2.89
CNL's Forward Dividend Yield % is ranked lower than
62% of the 1038 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 3.47 vs. CNL: 2.89 )
Ranked among companies with meaningful Forward Dividend Yield % only.
N/A
5-Year Yield-on-Cost % 2.89
CNL's 5-Year Yield-on-Cost % is ranked lower than
72% of the 1045 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 4.25 vs. CNL: 2.89 )
Ranked among companies with meaningful 5-Year Yield-on-Cost % only.
CNL' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0  Med: 0 Max: 2.89
Current: 2.89
0
2.89

Valuation & Return

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More Statistics

Revenue (TTM) (Mil) $1,209
EPS (TTM) $ 2.20
Short Percentage of Float2.99%
52-Week Range $44.78 - 55.37
Shares Outstanding (Mil)60.55
» More Articles for CNL

Headlines

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Can The Uptrend Continue for Cleco (CNL)? Mar 31 2016
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Why These 5 Stocks Are Big Gainers Today Mar 29 2016
Shares of Cleco Corp. Surge 13% After Getting Approval of Sale Mar 29 2016
Why Cleco (CNL) Stock is Spiking Today Mar 29 2016
Stocks Lower At Open; Lennar Spikes On Earnings Mar 29 2016
Cleco Corp wins regulator approval for sale to Macquarie-led group Mar 29 2016
State regulators approve sale of Cleco Mar 28 2016
Louisiana Clears Macquarie's $3.4B Cleco Takeover Mar 28 2016
Macquarie Wins $3.4 Billion Cleco Deal Approval With 2 Promises Mar 28 2016
Cleco and investor group announce improved commitments package Mar 28 2016
Cleco and investor group withdraw request for rehearing; state regulators approve special meeting... Mar 23 2016
Cleco and investor group enhance commitments Mar 14 2016

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