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NYSE:CNP

CenterPoint Energy (CNP) Stock Price, News & Analysis

$29.36
+0.48 (+1.66%)
(As of 07/26/2024 ET)
Today's Range
$28.90
$29.44
50-Day Range
$28.28
$31.31
52-Week Range
$25.42
$31.57
Volume
4.65 million shs
Average Volume
4.71 million shs
Market Capitalization
$18.78 billion
P/E Ratio
20.68
Dividend Yield
2.72%
Price Target
$30.60

CenterPoint Energy MarketRank™ Stock Analysis

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
4.2% Upside
$30.60 Price Target
Short Interest
Healthy
2.38% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-5.23
Upright™ Environmental Score
News Sentiment
0.65mentions of CenterPoint Energy in the last 14 days
Based on 25 Articles This Week
Insider Trading
Selling Shares
$166,811 Sold Last Quarter
Proj. Earnings Growth
7.41%
From $1.62 to $1.74 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.08 out of 5 stars

Utilities Sector

34th out of 90 stocks

Electric Services Industry

20th out of 43 stocks

CNP stock logo

About CenterPoint Energy Stock (NYSE:CNP)

CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company operates through two segments, Electric and Natural Gas. The Electric segment includes electric transmission and distribution services to electric customers and electric generation assets, as well as optimizes assets in the wholesale power market. The Natural Gas segment engages in the intrastate natural gas sales, and natural gas transportation and distribution for residential, commercial, industrial and institutional customers in Indiana, Louisiana, Minnesota, Mississippi, Ohio, and Texas; permanent pipeline connections through interconnects with various interstate and intrastate pipeline companies; and provides maintenance and repair services of home appliances to customers in Minnesota and home repair protection plans to natural gas customers in Indiana, Mississippi, Ohio, and Texas through a third party. It serves approximately 2,534,730 metered customers; owned 348 substations with transformer capacity of 79,719 megavolt amperes; and owned and operated 217 miles of intrastate pipeline in Louisiana and Texas. The company was founded in 1866 and is headquartered in Houston, Texas.

CNP Stock Price History

CNP Stock News Headlines

Gov
Texas Gov. Greg Abbott demands answers as customers remain without power after Beryl
With around 350,000 homes and businesses still without power in the Houston area almost a week after Hurricane Beryl hit Texas, Gov. Greg Abbott says he’s demanding an investigation into the response of the utility that serves the Houston area
Utility crews work to restore electricity in Houston, Thursday, July 11, 2024
Houston hospitals report spike in heat-related illness during widespread storm power outages
Medical officials in Houston say widespread power outages caused by Hurricane Beryl have flooded area hospitals with patients seeking treatment for heat-related illnesses and carbon monoxide poisoning due to using home generators improperly
Prepare for a Recession Unlike Any Other
Dave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.
East End residents Laura and Jose Galvan sift through perishable foods that were left outside of a …
Houston utility says 500K customers still won't have electricity next week as Beryl outages persist
An executive from Houston’s biggest utility says about 500,000 customers whose power was knocked out by Hurricane Beryl will still be without power next week
Prepare for a Recession Unlike Any Other
Dave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.
CenterPoint Energy (CNP) to Release Earnings on Tuesday
CenterPoint Energy (NYSE:CNP) Price Target Cut to $31.00
See More Headlines
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Company Calendar

Last Earnings
4/30/2024
Ex-Dividend for 6/13 Dividend
5/15/2024
Dividend Payable
6/13/2024
Today
7/26/2024
Next Earnings (Confirmed)
7/30/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Electric services
Sub-Industry
Multi-Utilities
CUSIP
15189T10
Employees
8,827
Year Founded
1866

Price Target and Rating

Average Stock Price Target
$30.60
High Stock Price Target
$33.00
Low Stock Price Target
$29.00
Potential Upside/Downside
+4.2%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
10 Analysts

Profitability

Net Income
$917 million
Pretax Margin
13.03%

Debt

Sales & Book Value

Annual Sales
$8.70 billion
Cash Flow
$3.85 per share
Book Value
$15.31 per share

Miscellaneous

Free Float
638,572,000
Market Cap
$18.78 billion
Optionable
Optionable
Beta
0.92

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Key Executives

  • Mr. Jason P. WellsMr. Jason P. Wells (Age 46)
    President, CEO & Director
    Comp: $3.16M
  • Mr. Christopher A. FosterMr. Christopher A. Foster (Age 45)
    Executive VP & CFO
    Comp: $2.1M
  • Ms. Monica Karuturi (Age 45)
    Executive VP & General Counsel
    Comp: $1.77M
  • Ms. Lynne Louise Harkel-Rumford (Age 67)
    Executive VP & Chief Human Resources Officer
    Comp: $1.1M
  • Mr. Jason Michael Ryan (Age 48)
    Executive Vice President of Regulatory Services & Government Affairs
    Comp: $1.43M
  • Mr. Russell Keith Wright (Age 40)
    Vice President, Financial Planning & Analysis and Interim Chief Accounting Officer
  • Mr. Kenneth E. Coleman
    Senior VP & Chief Information Officer
  • Jacqueline M. Richert (Age 40)
    Vice President of Investor Relations & Treasurer
  • Ms. Carol R. Helliker (Age 63)
    Chief Ethics & Compliance Officer, Senior VP & Deputy General Counsel
  • Mr. Darin Carroll
    Senior Vice President of Natural Gas Business

CNP Stock Analysis - Frequently Asked Questions

How have CNP shares performed this year?

CenterPoint Energy's stock was trading at $28.57 at the beginning of 2024. Since then, CNP shares have increased by 2.8% and is now trading at $29.36.
View the best growth stocks for 2024 here
.

How were CenterPoint Energy's earnings last quarter?

CenterPoint Energy, Inc. (NYSE:CNP) released its quarterly earnings results on Tuesday, April, 30th. The utilities provider reported $0.55 EPS for the quarter, beating the consensus estimate of $0.53 by $0.02. The utilities provider earned $2.62 billion during the quarter, compared to the consensus estimate of $2.82 billion. CenterPoint Energy had a net margin of 11.03% and a trailing twelve-month return on equity of 10.57%.
Read the conference call transcript
.

What is David J. Lesar's approval rating as CenterPoint Energy's CEO?

9 employees have rated CenterPoint Energy Chief Executive Officer David J. Lesar on Glassdoor.com. David J. Lesar has an approval rating of 100% among the company's employees. This puts David J. Lesar in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Does CenterPoint Energy have any subsidiaries?

CenterPoint Energy subsidiaries include these companies: Vectren Corporation, Continuum Energy, Asgard Energy, CenterPoint Energy Houston Electric LLC, CenterPoint Energy Investment Management Inc., CenterPoint Energy Midstream Inc. , CenterPoint Energy Resources Corp. , and others.

Who are CenterPoint Energy's major shareholders?

Top institutional investors of CenterPoint Energy include Bank of New York Mellon Corp (0.67%), Railway Pension Investments Ltd (0.32%), Sumitomo Mitsui Trust Holdings Inc. (0.22%) and Maple Brown Abbott Ltd (0.21%). Insiders that own company stock include Christopher A Foster, Jason P Wells, Ted Pound, David J Lesar and Barry T Smitherman.
View institutional ownership trends
.

How do I buy shares of CenterPoint Energy?

Shares of CNP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of CenterPoint Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that CenterPoint Energy investors own include AT&T (T), Verizon Communications (VZ), AbbVie (ABBV), Exxon Mobil (XOM), Chevron (CVX), Pfizer (PFE) and Cisco Systems (CSCO).

This page (NYSE:CNP) was last updated on 7/26/2024 by MarketBeat.com Staff

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