Calpine (CPN) Earns Daily News Impact Score of 0.08

News articles about Calpine (NYSE:CPN) have been trending somewhat positive this week, Accern reports. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Calpine earned a news sentiment score of 0.08 on Accern’s scale. Accern also assigned media stories about the utilities provider an impact score of 45.3263762110774 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Calpine (NYSE CPN) opened at $15.12 on Friday. The stock has a market capitalization of $5,444.58, a P/E ratio of -215.97, a PEG ratio of 2.89 and a beta of 1.05. The company has a quick ratio of 1.10, a current ratio of 1.33 and a debt-to-equity ratio of 3.39. Calpine has a twelve month low of $9.30 and a twelve month high of $15.16.

Calpine (NYSE:CPN) last released its earnings results on Wednesday, November 1st. The utilities provider reported $0.63 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.62 by $0.01. Calpine had a negative return on equity of 7.68% and a negative net margin of 0.27%. sell-side analysts forecast that Calpine will post 0.43 EPS for the current year.

CPN has been the topic of several research analyst reports. Zacks Investment Research lowered Calpine from a “buy” rating to a “hold” rating in a research report on Tuesday, January 2nd. SunTrust Banks reaffirmed a “hold” rating and set a $15.00 price target on shares of Calpine in a research report on Friday, November 17th. Finally, Royal Bank of Canada reaffirmed a “hold” rating and set a $15.25 price target on shares of Calpine in a research report on Monday, October 30th. Ten investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $14.75.

In other news, CEO Thad Hill sold 38,304 shares of the business’s stock in a transaction that occurred on Tuesday, December 12th. The stock was sold at an average price of $15.08, for a total value of $577,624.32. Following the transaction, the chief executive officer now owns 559,237 shares of the company’s stock, valued at $8,433,293.96. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP W. Thaddeus Miller sold 177,627 shares of the business’s stock in a transaction that occurred on Wednesday, December 13th. The shares were sold at an average price of $15.12, for a total value of $2,685,720.24. The disclosure for this sale can be found here. Insiders own 1.20% of the company’s stock.

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Calpine Company Profile

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.

Insider Buying and Selling by Quarter for Calpine (NYSE:CPN)

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