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How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
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Critical asset just had biggest fall on record (Ad)
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S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
Corruption scandals cast a shadow over Portugal’s early general election and may favor populists
Critical asset just had biggest fall on record (Ad)
Tax-free status of movie, music and games traded online is on table as WTO nations meet in Abu Dhabi
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
Critical asset just had biggest fall on record (Ad)
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
AT&T will give $5 to customers hit by cellphone network outage
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
Corruption scandals cast a shadow over Portugal’s early general election and may favor populists
Critical asset just had biggest fall on record (Ad)
Tax-free status of movie, music and games traded online is on table as WTO nations meet in Abu Dhabi
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
Critical asset just had biggest fall on record (Ad)
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
AT&T will give $5 to customers hit by cellphone network outage
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
Corruption scandals cast a shadow over Portugal’s early general election and may favor populists
Critical asset just had biggest fall on record (Ad)
Tax-free status of movie, music and games traded online is on table as WTO nations meet in Abu Dhabi
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
Critical asset just had biggest fall on record (Ad)
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
AT&T will give $5 to customers hit by cellphone network outage
NYSE:CNP

CenterPoint Energy (CNP) Stock Price, News & Analysis

$27.91
+0.04 (+0.14%)
(As of 02/23/2024 ET)
Today's Range
$27.84
$28.15
50-Day Range
$27.14
$29.41
52-Week Range
$25.42
$31.43
Volume
4.15 million shs
Average Volume
3.52 million shs
Market Capitalization
$17.63 billion
P/E Ratio
20.52
Dividend Yield
2.87%
Price Target
$30.64

CenterPoint Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.55 Rating Score
Upside/​Downside
9.8% Upside
$30.64 Price Target
Short Interest
Healthy
2.05% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-5.23
Upright™ Environmental Score
News Sentiment
0.77mentions of CenterPoint Energy in the last 14 days
Based on 33 Articles This Week
Insider Trading
Acquiring Shares
$140,500 Bought Last Quarter
Proj. Earnings Growth
6.13%
From $1.63 to $1.73 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.

4.24 out of 5 stars

Utilities Sector

30th out of 86 stocks

Electric Services Industry

10th out of 37 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 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.

CNP Stock Price History

CNP Stock News Headlines

CenterPoint Energy (NYSE:CNP) Given Neutral Rating at Mizuho
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Q4 2023 CenterPoint Energy Inc Earnings Call
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
CenterPoint Energy Inc Q4 Profit Increases, Inline With Estimates
CenterPoint Energy (CNP) Set to Announce Earnings on Tuesday
PPL (PPL) Q4 Earnings Top Estimates
See More Headlines
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Company Calendar

Ex-Dividend for 12/14 Dividend
11/15/2023
Dividend Payable
12/14/2023
Ex-Dividend for 3/14 Dividend
2/14/2024
Last Earnings
2/20/2024
Today
2/25/2024
Dividend Payable
3/14/2024
Next Earnings (Estimated)
4/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Electric services
Sub-Industry
Multi-Utilities
CUSIP
15189T10
Employees
8,986
Year Founded
1866

Price Target and Rating

Average Stock Price Target
$30.64
High Stock Price Target
$35.00
Low Stock Price Target
$27.00
Potential Upside/Downside
+9.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.55
Research Coverage
11 Analysts

Profitability

Net Income
$1.06 billion
Pretax Margin
12.50%

Debt

Sales & Book Value

Annual Sales
$8.70 billion
Cash Flow
$3.81 per share
Book Value
$15.31 per share

Miscellaneous

Free Float
630,458,000
Market Cap
$17.63 billion
Optionable
Optionable
Beta
0.93

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Key Executives

  • Mr. Jason P. WellsMr. Jason P. Wells (Age 46)
    President, CEO & Director
    Comp: $1.72M
  • Ms. Monica Karuturi (Age 45)
    Executive VP & General Counsel
    Comp: $1.39M
  • Mr. Christopher A. FosterMr. Christopher A. Foster (Age 45)
    Executive VP & CFO
  • 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
  • Ms. Lynne Louise Harkel-Rumford (Age 67)
    Executive VP & Chief Human Resources Officer
  • Mr. Jason Michael Ryan (Age 48)
    Executive Vice President of Regulatory Services & Government Affairs
  • Mr. Darin Carroll
    Senior Vice President of Natural Gas Business

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, February 20, 2024 at 3:19 PM.














CNP Stock Analysis - Frequently Asked Questions

Should I buy or sell CenterPoint Energy stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CenterPoint Energy in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street 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?

11 analysts have issued 1-year price targets for CenterPoint Energy's stock. Their CNP share price targets range from $27.00 to $35.00. On average, they expect the company's share price to reach $30.64 in the next twelve months. This suggests a possible upside of 9.8% 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 2024?

CenterPoint Energy's stock was trading at $28.57 at the start of the year. Since then, CNP stock has decreased by 2.3% and is now trading at $27.91.
View the best growth stocks for 2024 here
.

When is CenterPoint Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our CNP earnings forecast
.

How were CenterPoint Energy's earnings last quarter?

CenterPoint Energy, Inc. (NYSE:CNP) posted its quarterly earnings data on Tuesday, February, 20th. The utilities provider reported $0.32 earnings per share for the quarter, meeting analysts' consensus estimates of $0.32. The utilities provider earned $2.18 billion during the quarter, compared to analyst estimates of $2.83 billion. CenterPoint Energy had a trailing twelve-month return on equity of 10.44% and a net margin of 10.55%. During the same quarter in the prior year, the business earned $0.28 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, December 14th. Stockholders of record on Thursday, February 15th will be given a dividend of $0.20 per share on Thursday, March 14th. This represents a $0.80 annualized dividend and a dividend yield of 2.87%. The ex-dividend date of this dividend is Wednesday, February 14th.
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 2.87%. 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 58.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CNP will have a dividend payout ratio of 46.24% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CNP.

What guidance has CenterPoint Energy issued on next quarter's earnings?

CenterPoint Energy updated its FY24 earnings guidance on Tuesday, February, 20th. 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 institutional and retail investors. Top institutional investors include Capital International Investors (13.13%), Vanguard Group Inc. (12.11%), Capital Research Global Investors (3.65%), Boston Partners (2.69%), Cohen & Steers Inc. (1.27%) and Jennison Associates LLC (1.27%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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 2/25/2024 by MarketBeat.com Staff