Central Puerto (CEPU) Stock Forecast, Price & News

Central Puerto's stock was trading at $5.94 at the beginning of the year. Since then, CEPU stock has increased by 13.0% and is now trading at $6.71.
View the best growth stocks for 2023 here.

Central Puerto saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 599,500 shares, an increase of 8.5% from the April 30th total of 552,500 shares. Based on an average daily volume of 187,200 shares, the days-to-cover ratio is presently 3.2 days.
View Central Puerto's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, August 14th 2023.
View our CEPU earnings forecast.

Central Puerto S.A. (NYSE:CEPU) issued its quarterly earnings results on Thursday, March, 9th. The company reported $0.96 EPS for the quarter. The business earned $132.56 million during the quarter. Central Puerto had a trailing twelve-month return on equity of 11.44% and a net margin of 11.62%.

Central Puerto announced a quarterly dividend on Friday, December 23rd. Stockholders of record on Tuesday, January 3rd will be given a dividend of $0.1649 per share on Monday, January 9th. This represents a $0.66 annualized dividend and a dividend yield of 9.83%. The ex-dividend date is Friday, December 30th.
Read our dividend analysis for CEPU.

Global X MSCI Argentina ETF holds 266,953 shares of CEPU stock, representing 3.22% of its portfolio.

Central Puerto (NYSE:CEPU) pays an annual dividend of $0.13 per share and currently has a dividend yield of 1.86%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 28.26%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CEPU will have a dividend payout ratio of 7.51% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CEPU.

Based on aggregate information from My MarketBeat watchlists, some companies that other Central Puerto investors own include GSK (GSK), Pampa Energía (PAM), American Airlines Group (AAL), Pfizer (PFE), STORE Capital (STOR), Apple Hospitality REIT (APLE), Preferred Apartment Communities (APTS), Bristol-Myers Squibb (BMY), Brinker International (EAT) and

(CEPU) raised $692 million in an initial public offering (IPO) on Friday, February 2nd 2018. The company issued 35,500,000 shares at a price of $17.50-$21.50 per share. BofA Merrill Lynch, JP Morgan and Morgan Stanley acted as the underwriters for the IPO.

Central Puerto trades on the New York Stock Exchange (NYSE) under the ticker symbol "CEPU."

Central Puerto's stock is owned by many different retail and institutional investors. Top institutional shareholders include Long Focus Capital Management LLC (0.93%), Long Focus Capital Management LLC (0.59%), Arrowstreet Capital Limited Partnership (0.19%), Mirae Asset Global Investments Co. Ltd. (0.18%), Trium Capital LLP (0.09%) and Renaissance Technologies LLC (0.05%).

Shares of CEPU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CEPU stock can currently be purchased for approximately $6.71.

Central Puerto (NYSE:CEPU) has a market capitalization of $1.02 billion and generates $798.06 million in revenue each year. The company earns $146.61 million in net income (profit) each year or $0.46 on an earnings per share basis.

The company employs 885 workers across the globe.

Central Puerto's mailing address is Avenida Thomas Edison 2701, BUENOS AIRES C1, C1104BAB. The official website for the company is www.centralpuerto.com. The company can be reached via phone at 541143175000, via email at inversores@centralpuerto.com, or via fax at 54-11-4317-5099.