Media stories about CPFL Energia (NYSE:CPL) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. CPFL Energia earned a media sentiment score of 0.04 on Accern’s scale. Accern also gave news coverage about the utilities provider an impact score of 48.0814130443894 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Separately, ValuEngine cut CPFL Energia from a “buy” rating to a “hold” rating in a research report on Wednesday, January 10th.
Shares of CPL stock traded up $0.18 during mid-day trading on Friday, hitting $14.03. 18,324 shares of the stock traded hands, compared to its average volume of 23,232. CPFL Energia has a twelve month low of $10.63 and a twelve month high of $17.69. The stock has a market cap of $7,049.06, a PE ratio of 26.13 and a beta of 1.26. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.84 and a current ratio of 0.84.
The company also recently declared an annual dividend, which will be paid on Tuesday, May 1st. Stockholders of record on Tuesday, May 1st will be given a dividend of $0.142 per share. The ex-dividend date is Monday, April 30th. This is a boost from CPFL Energia’s previous annual dividend of $0.10. This represents a dividend yield of 1.03%.
About CPFL Energia
CPFL Energia SA, together with its subsidiaries, generates, transmits, distributes, and commercializes electricity to residential, industrial, and commercial customers in Brazil. The company generates electricity through wind, biomass-powered thermal, solar, and hydroelectric power plants. It also manufactures, commercializes, rents, and maintains electro-mechanical equipment; and offers administrative, call center, collection, IT, telecommunication, energy transmission, and energy efficiency management services, as well as maintenance services for energy generation companies.
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