Tuesday, June 19, 2012

Cleco Stock ... It's Good for You

A friend asked about Cleco stock, its price and such. The ticker symbol is CNL.

A recommendation from "The Street" should never be relied on exclusively. That said, it is often a simple way to get a quick update on a company.

CNL is a utility stock whose dividend yields almost 3% today. In contrast, ten year treasury bonds are yielding 1.6% or only slightly more than one half of that.

In any event, here's the "Street's" summary for anybody interested in knowing something about Cleco or CNL.

Since U.S. interest rates are likely to stay low for several more years, owning a utility yielding stock isn't a bad idea. And it's a relatively safe one, too:

" Cleco Corporation
CNL : NYSE : Utilities

$42.41 0.61 | 1.46%
Today's Range: 41.56 - 42.45
Avg. Daily Volume: 414,400
06/19/12 - 2:10 PM ET

Below is a summary of the major fundamental and technical factors we consider when determining our overall recommendation of CNL shares. It is provided in order to give you a deeper understanding of our rating methodology as well as to paint a more complete picture of a stock's strengths and weaknesses. It is important to note, however, that these factors only tell part of the story. To gain an even more comprehensive understanding of our stance on the stock, these factors must be assessed in combination with the stock’s valuation. Please refer to the Financial Analysis page for further information.

Growth3.5 out of 5 stars
Measures the growth of both the company's income statement and cash flow. On this factor, CNL has a growth score better than 60% of the stocks we rate.
Total Return5.0 out of 5 stars
Measures the historical price movement of the stock. The stock performance of this company has beaten 90% of the companies we cover.
Efficiency4.0 out of 5 stars
Measures the strength and historic growth of a company's return on invested capital. The company has generated more income per dollar of capital than 70% of the companies we review.
Price Volatility5.0 out of 5 stars
Measures the volatility of the company's stock price historically. The stock is less volatile than 90% of the stocks we monitor.
Solvency4.0 out of 5 stars
Measures the solvency of the company based on several ratios. The company is more solvent than 70% of the companies we analyze.
Income4.5 out of 5 stars
Measures dividend yield and payouts to shareholders. The company's dividend is higher than 80% of the companies we track.

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