Cleco Corporate Holdings (NYSE: CNL) is one of 81 publicly-traded companies in the “Electric Utilities” industry, but how does it weigh in compared to its rivals? We will compare Cleco Corporate Holdings to similar companies based on the strength of its risk, profitability, institutional ownership, earnings, valuation, analyst recommendations and dividends.

Earnings and Valuation

This table compares Cleco Corporate Holdings and its rivals top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue NetIncome Price/Earnings Ratio
Cleco Corporate Holdings N/A N/A 25.16
Cleco Corporate Holdings Competitors $7.66 billion $831.80 million 49.94

Cleco Corporate Holdings’ rivals have higher revenue and earnings than Cleco Corporate Holdings. Cleco Corporate Holdings is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Dividends

Cleco Corporate Holdings pays an annual dividend of $1.60 per share and has a dividend yield of 2.9%. Cleco Corporate Holdings pays out 72.7% of its earnings in the form of a dividend. As a group, “Electric Utilities” companies pay a dividend yield of 3.2% and pay out 102.0% of their earnings in the form of a dividend. Cleco Corporate Holdings has increased its dividend for 7 consecutive years.

Profitability

This table compares Cleco Corporate Holdings and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Cleco Corporate Holdings 8.24% 5.05% 1.60%
Cleco Corporate Holdings Competitors -10.25% 9.19% 2.50%

Insider & Institutional Ownership

65.7% of shares of all “Electric Utilities” companies are owned by institutional investors. 2.7% of shares of all “Electric Utilities” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Analyst Ratings

This is a breakdown of recent recommendations and price targets for Cleco Corporate Holdings and its rivals, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cleco Corporate Holdings 0 0 0 0 N/A
Cleco Corporate Holdings Competitors 535 2962 2387 42 2.33

As a group, “Electric Utilities” companies have a potential upside of 7.64%. Given Cleco Corporate Holdings’ rivals higher probable upside, analysts plainly believe Cleco Corporate Holdings has less favorable growth aspects than its rivals.

Risk and Volatility

Cleco Corporate Holdings has a beta of 0.53, meaning that its stock price is 47% less volatile than the S&P 500. Comparatively, Cleco Corporate Holdings’ rivals have a beta of 0.67, meaning that their average stock price is 33% less volatile than the S&P 500.

Summary

Cleco Corporate Holdings rivals beat Cleco Corporate Holdings on 8 of the 10 factors compared.

Cleco Corporate Holdings Company Profile

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).

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