Calpine (CPN) Earns Daily News Impact Score of 0.08

News stories about Calpine (NYSE:CPN) have trended somewhat positive on Sunday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Calpine earned a coverage optimism score of 0.08 on Accern’s scale. Accern also gave headlines about the utilities provider an impact score of 45.3263762110774 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Shares of Calpine (CPN) opened at $15.12 on Friday. The firm has a market capitalization of $5,444.58, a P/E ratio of -215.97, a P/E/G ratio of 2.89 and a beta of 1.05. Calpine has a 52 week low of $9.30 and a 52 week high of $15.16. The company has a debt-to-equity ratio of 3.39, a quick ratio of 1.10 and a current ratio of 1.33.

Calpine (NYSE:CPN) last posted its earnings results on Wednesday, November 1st. The utilities provider reported $0.63 earnings per share for the quarter, topping the 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%. analysts forecast that Calpine will post 0.43 EPS for the current year.

Several equities research analysts recently weighed in on CPN shares. Royal Bank of Canada restated a “hold” rating and set a $15.25 target price on shares of Calpine in a research note on Monday, October 30th. Zacks Investment Research cut Calpine from a “hold” rating to a “strong sell” rating in a research note on Monday, October 2nd. Finally, SunTrust Banks restated a “hold” rating and set a $15.00 target price on shares of Calpine in a research note on Friday, November 17th. Ten analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $14.75.

In other Calpine news, EVP W. Thaddeus Miller sold 177,627 shares of Calpine stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $15.12, for a total transaction of $2,685,720.24. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Thad Hill sold 38,304 shares of Calpine 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 directly owns 559,237 shares in the company, valued at approximately $8,433,293.96. The disclosure for this sale can be found here. Insiders own 1.20% of the company’s stock.

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About Calpine

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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