×
S&P 500   3,821.55
DOW   30,946.99
QQQ   283.54
S&P 500   3,821.55
DOW   30,946.99
QQQ   283.54
S&P 500   3,821.55
DOW   30,946.99
QQQ   283.54
S&P 500   3,821.55
DOW   30,946.99
QQQ   283.54
NYSE:CNP

CenterPoint Energy Stock Forecast, Price & News

$29.09
+0.10 (+0.34%)
(As of 06/28/2022 12:00 AM ET)
Add
Compare
Today's Range
$29.05
$29.61
50-Day Range
$27.40
$32.75
52-Week Range
$24.23
$33.00
Volume
3.98 million shs
Average Volume
5.07 million shs
Market Capitalization
$18.31 billion
P/E Ratio
11.54
Dividend Yield
2.35%
Price Target
$31.17
30 days | 90 days | 365 days | Advanced Chart

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.

CNP Stock Forecast (MarketRank)

Overall MarketRank

2.58 out of 5 stars

Utilities Sector

28th out of 123 stocks

Electric Services Industry

10th out of 58 stocks

Analyst Opinion: 2.4Community Rank: 3.9Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
CenterPoint Energy logo

About CenterPoint Energy (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 assets in the wholesale power market. The Natural Gas segment provides natural gas distribution services, as well as home appliance maintenance and repair services to customers in Minnesota; and home repair protection plans to natural gas customers in Arkansas, Indiana, Mississippi, Ohio, Oklahoma, and Texas and Louisiana through a third party. This segment also engages in the sale of regulated intrastate natural gas, and transportation and storage of natural gas for residential, commercial, industrial, and transportation customers. As of December 31, 2021, it served approximately 2.7 million metered customers; owned 239 substation sites with a total installed rated transformer capacity of 71,241 megavolt amperes; operated approximately 1,00,000 linear miles of natural gas distribution and transmission mains; and owned and operated 285 miles of intrastate pipeline in Louisiana, Texas, and Oklahoma. The company was founded in 1866 and is headquartered in Houston, Texas.

CNP Stock News Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
Multi-Utilities
Sector
Utilities
CUSIP
15189T10
Employees
9,418
Year Founded
1866

Company Calendar

Last Earnings
5/03/2022
Ex-Dividend for 6/9 Dividend
5/18/2022
Dividend Payable
6/09/2022
Today
6/28/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$31.17
High Stock Price Forecast
$36.00
Low Stock Price Forecast
$26.00
Forecasted Upside/Downside
+7.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.76923076923077
Research Coverage
13 Analysts

Profitability

Net Income
$1.49 billion
Pretax Margin
13.76%

Debt

Sales & Book Value

Annual Sales
$8.35 billion
Cash Flow
$3.72 per share
Book Value
$13.72 per share

Miscellaneous

Free Float
628,882,000
Market Cap
$18.31 billion
Optionable
Optionable
Beta
0.87

Social Links















CenterPoint Energy Frequently Asked Questions

Should I buy or sell CenterPoint Energy stock right now?

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CenterPoint Energy in the last twelve months. There are currently 3 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CenterPoint Energy stock.
View analyst ratings for CenterPoint Energy
or view top-rated stocks.

What is CenterPoint Energy's stock price forecast for 2022?

13 Wall Street research analysts have issued 12-month price objectives for CenterPoint Energy's stock. Their CNP stock forecasts range from $26.00 to $36.00. On average, they predict CenterPoint Energy's share price to reach $31.17 in the next twelve months. This suggests a possible upside of 7.1% from the stock's current price.
View analysts' price targets for CenterPoint Energy
or view top-rated stocks among Wall Street analysts.

How has CenterPoint Energy's stock price performed in 2022?

CenterPoint Energy's stock was trading at $27.91 at the beginning of 2022. Since then, CNP stock has increased by 4.2% and is now trading at $29.09.
View the best growth stocks for 2022 here
.

When is CenterPoint Energy's next earnings date?

CenterPoint Energy is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for CenterPoint Energy
.

How were CenterPoint Energy's earnings last quarter?

CenterPoint Energy, Inc. (NYSE:CNP) issued its earnings results on Tuesday, May, 3rd. The utilities provider reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by $0.01. The utilities provider earned $2.76 billion during the quarter, compared to analysts' expectations of $2.55 billion. CenterPoint Energy had a trailing twelve-month return on equity of 12.10% and a net margin of 19.30%. During the same period in the prior year, the company earned $0.59 EPS.
View CenterPoint Energy's earnings history
.

How often does CenterPoint Energy pay dividends? What is the dividend yield for CenterPoint Energy?

CenterPoint Energy declared a quarterly dividend on Friday, April 22nd. Stockholders of record on Thursday, May 19th will be paid a dividend of $0.17 per share on Thursday, June 9th. This represents a $0.68 dividend on an annualized basis and a yield of 2.34%. The ex-dividend date is Wednesday, May 18th.
View CenterPoint Energy's dividend history
.

Is CenterPoint Energy a good dividend stock?

CenterPoint Energy(NYSE:CNP) pays an annual dividend of $0.68 per share and currently has a dividend yield of 2.35%. CenterPoint Energy does not yet have a strong track record of dividend growth. The dividend payout ratio of CenterPoint Energy is 26.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CenterPoint Energy will have a dividend payout ratio of 45.64% next year. This indicates that CenterPoint Energy will be able to sustain or increase its dividend.
View CenterPoint Energy's dividend history.

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

CenterPoint Energy issued an update on its FY 2022 earnings guidance on Tuesday, May, 10th. The company provided earnings per share (EPS) guidance of $1.36-$1.38 for the period, compared to the consensus earnings per share estimate of $1.37. The company issued revenue guidance of -.

Who are CenterPoint Energy's key executives?

CenterPoint Energy's management team includes the following people:
  • Mr. David John Lesar B.Sc., C.P.A., CPA, M.B.A., Pres, CEO & Director (Age 68, Pay $4.45M)
  • Mr. Jason P. Wells, Exec. VP & CFO (Age 44, Pay $1.58M) (LinkedIn Profile)
  • Ms. Monica Karuturi, Exec. VP & Gen. Counsel (Age 43, Pay $1.05M)
  • Mr. Scott Edward Doyle, Exec. VP of Utility Operations (Age 50, Pay $1.02M)
  • Ms. Stacey Lynn Peterson, Sr. VP & Chief Accounting Officer
  • Mr. Kenneth E. Coleman, Sr. VP & Chief Information Officer
  • Jackie Richert, VP of Investor Relations & Treasurer
  • Ms. Carol R. Helliker, Chief Ethics & Compliance Officer, Sr. VP & Deputy Gen. Counsel (Age 61)
  • Ms. Lynne Louise Harkel-Rumford, Exec. VP & Chief HR Officer (Age 65)
  • John C. Houston, Division Sr. VP of Compliance & High Voltage Power Delivery (Age 71)

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

9 employees have rated CenterPoint Energy CEO David J. Lesar on Glassdoor.com. David J. Lesar has an approval rating of 100% among CenterPoint Energy'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).

What is CenterPoint Energy's stock symbol?

CenterPoint Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "CNP."

Who are CenterPoint Energy's major shareholders?

CenterPoint Energy's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.68%), BlackRock Inc. (9.00%), Capital International Investors (7.53%), State Street Corp (5.29%), Capital Research Global Investors (4.62%) and Boston Partners (3.74%). Company insiders that own CenterPoint Energy stock include Barry T Smitherman, David J Lesar, David J Lesar, Jason P Wells, Leslie D Biddle and Scott M Prochazka.
View institutional ownership trends for CenterPoint Energy
.

Which institutional investors are selling CenterPoint Energy stock?

CNP stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., JPMorgan Chase & Co., Royal Bank of Canada, Massachusetts Financial Services Co. MA, Wellington Management Group LLP, Morningstar Investment Services LLC, Scout Investments Inc., and Thompson Siegel & Walmsley LLC. Company insiders that have sold CenterPoint Energy company stock in the last two years include Barry T Smitherman, and Leslie D Biddle.
View insider buying and selling activity for CenterPoint Energy
or view top insider-selling stocks.

Which institutional investors are buying CenterPoint Energy stock?

CNP stock was purchased by a variety of institutional investors in the last quarter, including Invesco Ltd., State Street Corp, Capital Research Global Investors, Ceredex Value Advisors LLC, Vanguard Group Inc., Capital International Investors, Bank of America Corp DE, and Cohen & Steers Inc.. Company insiders that have bought CenterPoint Energy stock in the last two years include David J Lesar, and Jason P Wells.
View insider buying and selling activity for CenterPoint Energy
or or view top insider-buying stocks.

How do I buy shares of CenterPoint Energy?

Shares of CNP 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.

What is CenterPoint Energy's stock price today?

One share of CNP stock can currently be purchased for approximately $29.09.

How much money does CenterPoint Energy make?

CenterPoint Energy (NYSE:CNP) has a market capitalization of $18.31 billion and generates $8.35 billion in revenue each year. The utilities provider earns $1.49 billion in net income (profit) each year or $2.519990 on an earnings per share basis.

How many employees does CenterPoint Energy have?

CenterPoint Energy employs 9,418 workers across the globe.

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

When was CenterPoint Energy founded?

CenterPoint Energy was founded in 1866.

How can I contact CenterPoint Energy?

CenterPoint Energy's mailing address is 1111 Louisiana Street, Houston TX, 77002. The official website for CenterPoint Energy is www.centerpointenergy.com. The utilities provider can be reached via phone at (713) 207-1111 or via fax at 713-207-3169.

This page (NYSE:CNP) was last updated on 6/29/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.