CenterPoint Energy (CNP) Stock Price, News & Analysis $28.77 +0.01 (+0.03%) (As of 12/8/2023 08:56 PM ET) Add Compare Share Share Today's Range$28.50▼$28.9050-Day Range$25.75▼$28.8552-Week Range$25.42▼$31.48Volume5.59 million shsAverage Volume4.09 million shsMarket Capitalization$18.16 billionP/E Ratio23.02Dividend Yield2.78%Price Target$31.10 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability CenterPoint Energy MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.56 Rating ScoreUpside/Downside8.1% Upside$31.10 Price TargetShort InterestHealthy1.88% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-5.23Upright™ Environmental ScoreNews Sentiment1.39Based on 7 Articles This WeekInsider TradingAcquiring Shares$1.41 M Bought Last QuarterProj. Earnings Growth8.00%From $1.50 to $1.62 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.42 out of 5 starsUtilities Sector33rd out of 85 stocksElectric Services Industry17th out of 39 stocks 1.3 Analyst's Opinion Consensus RatingCenterPoint Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.56, and is based on 6 buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $31.10, CenterPoint Energy has a forecasted upside of 8.1% from its current price of $28.77.Amount of Analyst CoverageCenterPoint Energy has only been the subject of 4 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.88% of the outstanding shares of CenterPoint Energy have been sold short.Short Interest Ratio / Days to CoverCenterPoint Energy has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in CenterPoint Energy has recently decreased by 0.75%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldCenterPoint Energy pays a meaningful dividend of 2.78%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCenterPoint Energy has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of CenterPoint Energy is 64.00%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, CenterPoint Energy will have a dividend payout ratio of 49.38% next year. This indicates that CenterPoint Energy will be able to sustain or increase its dividend. Previous Next 1.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCenterPoint Energy has received a -28.59% net impact score from Upright. The largest negative impact of CenterPoint Energy in category "GHG emissions" seems to be driven mostly by its "Natural gas distribution services", "Construction of natural gas pipelines", and "Electric power transmission lines" products. See details.Environmental SustainabilityThe Environmental Impact score for CenterPoint Energy is -5.23. Previous Next 4.1 News and Social Media Coverage News SentimentCenterPoint Energy has a news sentiment score of 1.39. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 7 news articles for CenterPoint Energy this week, compared to 6 articles on an average week.Search Interest7 people have searched for CNP on MarketBeat in the last 30 days. This is an increase of 250% compared to the previous 30 days.MarketBeat Follows4 people have added CenterPoint Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CenterPoint Energy insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,413,040.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.18% of the stock of CenterPoint Energy is held by insiders.Percentage Held by Institutions88.96% of the stock of CenterPoint Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for CenterPoint Energy are expected to grow by 8.00% in the coming year, from $1.50 to $1.62 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CenterPoint Energy is 23.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.76.Price to Earnings Ratio vs. SectorThe P/E ratio of CenterPoint Energy is 23.02, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 101.60.Price to Earnings Growth RatioCenterPoint Energy has a PEG Ratio of 2.55. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCenterPoint Energy has a P/B Ratio of 1.96. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About CenterPoint Energy Stock (NYSE:CNP)CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company operates through Electric and Natural Gas segments. 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, 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 provision of home appliance maintenance and repair services to customers in Minnesota and home repair protection plans to natural gas customers in Indiana, Mississippi, Ohio, and Texas through a third party. As of December 31, 2022, it served approximately 2,534,730 metered customers; owned 349 substations with transformer capacity of 78,956 megavolt amperes; and owned and operated 217 miles of intrastate pipeline in Louisiana, Texas, and Oklahoma. The company was founded in 1866 and is headquartered in Houston, Texas.Read More CNP Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CNP Stock News HeadlinesDecember 6, 2023 | msn.comCenterPoint wants to raise electric rates. Here's how it will impact a customer's billDecember 5, 2023 | msn.comCenterPoint files request to increase ratesDecember 11, 2023 | Autonomix (Ad)How to Invest Early In the Next Potential Breakthrough Nerve-Sensing TechnologyAutonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 30, 2023 | seekingalpha.comCenterPoint Energy: Well-Positioned For Ongoing Dividend GrowthNovember 30, 2023 | finance.yahoo.comIs CenterPoint Energy, Inc. (NYSE:CNP) Potentially Undervalued?November 30, 2023 | finance.yahoo.comInsider Buying: EVP and CFO Christopher Foster Acquires Shares of CenterPoint Energy Inc (CNP)November 28, 2023 | finance.yahoo.comReasons to Add Sempra Energy (SRE) to Your Portfolio NowNovember 21, 2023 | markets.businessinsider.comWhat 7 Analyst Ratings Have To Say About CenterPoint EnergyDecember 11, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.November 20, 2023 | bizjournals.comCenterPoint Energy opens 150K-SF training center in southwest HoustonNovember 16, 2023 | finance.yahoo.comDavid Lesar Bought 5.1% More Shares In CenterPoint EnergyNovember 14, 2023 | finance.yahoo.comCenterPoint Energy Inc's Dividend AnalysisNovember 13, 2023 | finance.yahoo.comCNP vs. SO: Which Stock Should Value Investors Buy Now?November 3, 2023 | finance.yahoo.comConsolidated Edison (ED) Q3 Earnings Beat, Revenues Fall Y/YOctober 28, 2023 | insidermonkey.comCenterPoint Energy, Inc. (NYSE:CNP) Q3 2023 Earnings Call TranscriptOctober 27, 2023 | markets.businessinsider.comAnalysts Offer Insights on Utilities Companies: Centerpoint Energy (CNP) and PG&E (PCG)October 27, 2023 | finance.yahoo.comQ3 2023 CenterPoint Energy Inc Earnings CallOctober 26, 2023 | forbes.comCenterPoint Energy Buy Write Grabs Mid-November DividendOctober 26, 2023 | finance.yahoo.comHere's What Key Metrics Tell Us About CenterPoint (CNP) Q3 EarningsOctober 26, 2023 | finance.yahoo.comCenterPoint promotes exec to CEO to replace David LesarOctober 26, 2023 | seekingalpha.comCenterPoint Energy, Inc. 2023 Q3 - Results - Earnings Call PresentationOctober 26, 2023 | markets.businessinsider.comCenterPoint Energy Appoints Jason Wells As CEOOctober 26, 2023 | markets.businessinsider.comCenterPoint Energy Inc Q3 Profit Increases, beats estimatesOctober 26, 2023 | msn.comCenterPoint Energy names COO Wells as next CEO, as Lesar set to retireOctober 26, 2023 | finance.yahoo.comCenterPoint Energy (CNP) Tops Q3 Earnings EstimatesOctober 26, 2023 | finance.yahoo.comCenterPoint Energy Inc (CNP) Reports Q3 Earnings and Raises Full Year 2023 GuidanceOctober 26, 2023 | finance.yahoo.comCenterPoint Energy (CNP) Beats on Q3 Earnings, Ups '23 EPS ViewSee More Headlines Receive CNP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CenterPoint Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 9/14 Dividend8/16/2023Dividend Payable9/14/2023Last Earnings10/26/2023Ex-Dividend for 12/14 Dividend11/15/2023Today12/10/2023Dividend Payable12/14/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/16/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Electric services Sub-IndustryMulti-Utilities SectorUtilities Current SymbolNYSE:CNP CUSIP15189T10 CIK1130310 Webwww.centerpointenergy.com Phone(713) 207-1111Fax713-207-3169Employees8,986Year Founded1866Price Target and Rating Average Stock Price Target$31.10 High Stock Price Target$35.00 Low Stock Price Target$27.00 Potential Upside/Downside+8.1%Consensus RatingModerate Buy Rating Score (0-4)2.56 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$1.25 Trailing P/E Ratio23.02 Forward P/E Ratio19.18 P/E Growth2.55Net Income$1.06 billion Net Margins9.18% Pretax Margin12.31% Return on Equity10.28% Return on Assets2.55% Debt Debt-to-Equity Ratio1.76 Current Ratio0.78 Quick Ratio0.57 Sales & Book Value Annual Sales$9.32 billion Price / Sales1.95 Cash Flow$3.51 per share Price / Cash Flow8.19 Book Value$14.70 per share Price / Book1.96Miscellaneous Outstanding Shares631,220,000Free Float630,088,000Market Cap$18.16 billion OptionableOptionable Beta0.89 Social Links Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. David John Lesar B.Sc. (Age 69)C.P.A., M.B.A., CEO & Director Comp: $5.39MMr. Jason P. Wells (Age 45)President & COO Comp: $1.72MMs. Monica Karuturi (Age 44)Executive VP & General Counsel Comp: $1.39MMr. Christopher A. Foster (Age 44)Executive VP & CFO Mr. Russell Keith Wright (Age 39)Vice President, Financial Planning & Analysis and Interim Chief Accounting Officer Mr. Kenneth E. ColemanSenior VP & Chief Information OfficerJacqueline M. Richert (Age 39)Vice President of Investor Relations & Treasurer Ms. Carol R. Helliker (Age 62)Chief Ethics & Compliance Officer, Senior VP & Deputy General Counsel Ms. Lynne Louise Harkel-Rumford (Age 66)Executive VP & Chief Human Resources Officer Mr. Jason Michael Ryan (Age 47)Executive Vice President of Regulatory Services & Government Affairs More ExecutivesKey CompetitorsDTE EnergyNYSE:DTEDominion EnergyNYSE:DPPLNYSE:PPLCentrais Elétricas Brasileiras S.A. - EletrobrásNYSE:EBRFortisNYSE:FTSView All CompetitorsInsiders & InstitutionsHudson Bay Capital Management LPSold 23,873 shares on 12/7/2023Ownership: 0.013%Wellington Management Group LLPBought 29,950 shares on 12/1/2023Ownership: 0.518%American Century Companies Inc.Bought 15,017 shares on 11/30/2023Ownership: 0.019%Neo Ivy Capital ManagementSold 10,984 shares on 11/30/2023Ownership: 0.003%Christopher A FosterBought 5,000 shares on 11/29/2023Total: $140,500.00 ($28.10/share)View All Insider TransactionsView All Institutional Transactions Should I Buy CenterPoint Energy Stock? CNP Pros and Cons Explained These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of CenterPoint Energy was last updated on Tuesday, November 28, 2023 at 10:38 PM. Pros Here are some ways that investors could benefit from investing in CenterPoint Energy, Inc.: Stable and established public utility holding company operating in the United States. Diversified operations in both the Electric and Natural Gas segments. Strong customer base with approximately 2,534,730 metered customers. Owns and operates significant infrastructure assets, including substations and intrastate pipelines. Potential for steady revenue streams from electric transmission and distribution services, natural gas sales, and transportation. Cons Investors should be bearish about investing in CenterPoint Energy, Inc. for these reasons: Recent stock price pullback of 3.5% may indicate short-term volatility. Dependence on regulatory approvals and compliance in the highly regulated utility industry. Potential risks associated with changes in energy policies and regulations. Competition from other utility companies in the market. Uncertainty in the energy market and potential impact on future demand and pricing. CNP Stock Analysis - Frequently Asked Questions Should I buy or sell CenterPoint Energy stock right now? 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CenterPoint Energy in the last year. There are currently 1 sell rating, 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CNP shares. View CNP analyst ratings or view top-rated stocks. What is CenterPoint Energy's stock price target for 2024? 9 analysts have issued twelve-month price objectives for CenterPoint Energy's stock. Their CNP share price targets range from $27.00 to $35.00. On average, they anticipate the company's stock price to reach $31.10 in the next year. This suggests a possible upside of 8.1% from the stock's current price. View analysts price targets for CNP or view top-rated stocks among Wall Street analysts. How have CNP shares performed in 2023? CenterPoint Energy's stock was trading at $29.99 at the beginning of 2023. Since then, CNP stock has decreased by 4.1% and is now trading at $28.77. View the best growth stocks for 2023 here. Are investors shorting CenterPoint Energy? CenterPoint Energy saw a decline in short interest during the month of October. As of October 31st, there was short interest totaling 11,960,000 shares, a decline of 5.7% from the October 15th total of 12,680,000 shares. Based on an average trading volume of 4,540,000 shares, the days-to-cover ratio is currently 2.6 days. View CenterPoint Energy's Short Interest. When is CenterPoint Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, February 16th 2024. View our CNP earnings forecast. How were CenterPoint Energy's earnings last quarter? CenterPoint Energy, Inc. (NYSE:CNP) posted its earnings results on Thursday, October, 26th. The utilities provider reported $0.40 earnings per share for the quarter, topping analysts' consensus estimates of $0.35 by $0.05. The utilities provider had revenue of $1.86 billion for the quarter, compared to analysts' expectations of $2.09 billion. CenterPoint Energy had a net margin of 9.18% and a trailing twelve-month return on equity of 10.28%. The company's revenue for the quarter was down 2.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.32 earnings per share. Read the conference call transcript. How often does CenterPoint Energy pay dividends? What is the dividend yield for CenterPoint Energy? CenterPoint Energy declared a quarterly dividend on Thursday, September 28th. Investors of record on Thursday, November 16th will be paid a dividend of $0.20 per share on Thursday, December 14th. This represents a $0.80 annualized dividend and a dividend yield of 2.78%. The ex-dividend date of this dividend is Wednesday, November 15th. This is an increase from the stock's previous quarterly dividend of $0.19. Read our dividend analysis for CNP. Is CenterPoint Energy a good dividend stock? CenterPoint Energy (NYSE:CNP) pays an annual dividend of $0.80 per share and currently has a dividend yield of 2.78%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 64.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CNP will have a dividend payout ratio of 49.38% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CNP. What ETFs hold CenterPoint Energy's stock? ETFs with the largest weight of CenterPoint Energy (NYSE:CNP) stock in their portfolio include Virtus Reaves Utilities ETF (UTES), Invesco S&P 500 Equal Weight Utilities ETF (RSPU), Invesco S&P 500 Equal Weight Utilities ETF (RYU), Invesco Dorsey Wright Utilities Momentum ETF (PUI), Neuberger Berman Carbon Transition & Infrastructure ETF (NBCT), Utilities Select Sector SPDR Fund (XLU), Nuveen ESG Mid-Cap Value ETF (NUMV) and PGIM Jennison Focused Value ETF (PJFV). What guidance has CenterPoint Energy issued on next quarter's earnings? CenterPoint Energy issued an update on its FY24 earnings guidance on Thursday, October, 26th. The company provided earnings per share (EPS) guidance of $1.61-1.63 for the period, compared to the consensus earnings per share estimate of $1.62. 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. What other stocks do shareholders of CenterPoint Energy own? Based on aggregate information from My MarketBeat watchlists, some companies that other CenterPoint Energy investors own include AT&T (T), Verizon Communications (VZ), AbbVie (ABBV), Exxon Mobil (XOM), Chevron (CVX), Pfizer (PFE), Cisco Systems (CSCO), CVS Health (CVS), General Electric (GE) and Ford Motor (F). Who are CenterPoint Energy's major shareholders? CenterPoint Energy's stock is owned by many different retail and institutional investors. Top institutional shareholders include Boston Partners (3.14%), Deutsche Bank AG (2.78%), Deutsche Bank AG (2.78%), Jennison Associates LLC (1.35%), Invesco Ltd. (1.31%) and Morgan Stanley (1.25%). Insiders that own company stock include Barry T Smitherman, Christopher A Foster, David J Lesar, David J Lesar, Jason P Wells, Jason P Wells, Leslie D Biddle and Ted Pound. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. Does CenterPoint Energy have any subsidiaries? The following companies are subsidiares of CenterPoint Energy: Asgard Energy, CenterPoint Energy Houston Electric LLC, CenterPoint Energy Investment Management Inc., CenterPoint Energy Midstream Inc. , CenterPoint Energy Resources Corp. , Continuum Energy, Indiana Gas Company Inc, Southern Indiana Gas and Electric Company, Utility Holding LLC, Vectren Corporation, Vectren Energy Delivery of Ohio Inc., and Vectren Utility Holdings Inc..Read More This page (NYSE:CNP) was last updated on 12/11/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding CenterPoint Energy, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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