NYSE:CNP - CenterPoint Energy Stock Price, News, & Analysis

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$27.81 -0.31 (-1.10 %)
(As of 10/23/2018 07:36 AM ET)
Previous Close$28.12
Today's Range$27.76 - $28.19
52-Week Range$24.81 - $30.17
Volume4.40 million shs
Average Volume9.88 million shs
Market Capitalization$14.09 billion
P/E Ratio20.30
Dividend Yield3.95%
Beta0.44
CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company's Electric Transmission & Distribution segment offers electric transmission and distribution services to retail electric providers, municipalities, electric cooperatives, and other distribution companies. As of December 31, 2017, this segment owned 28,883 pole miles of overhead distribution lines and 24,662 circuit miles of underground distribution lines; and 235 substations with a transformer capacity of 64,924 megavolt amperes, as well as operated 14 regional service centers. Its Natural Gas Distribution segment sells regulated intrastate natural gas; provides natural gas transportation and storage services for residential, commercial, industrial, and transportation customers; and offers unregulated services comprising residential appliance repair and maintenance services. As of December 31, 2017, this segment owned approximately 75,000 linear miles of natural gas distribution mains. The company's Energy Services segment provides physical natural gas supplies primarily to commercial and industrial customers, and electric and natural gas utilities; natural gas management services; and physical delivery services, as well as procures and optimizes transportation and storage assets. This segment owns and operates approximately 200 miles of intrastate pipelines; and leases transportation capacity on various interstate and intrastate pipelines, and storage. Its Midstream Investments segment offers natural gas and crude oil gathering, and natural gas processing services to its producer customers; and interstate and intrastate natural gas pipeline transportation and storage services to its producer, power plant, local distribution company, and industrial end-user customers. The company was founded in 1882 and is based in Houston, Texas.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Electric services
Sub-IndustryMulti-Utilities
SectorUtilities
SymbolNYSE:CNP
CUSIP15189T10
Phone713-207-1111

Debt

Debt-to-Equity Ratio1.66
Current Ratio0.95
Quick Ratio0.83

Price-To-Earnings

Trailing P/E Ratio20.30
Forward P/E Ratio17.38
P/E Growth2.99

Sales & Book Value

Annual Sales$9.61 billion
Price / Sales1.45
Cash Flow$3.7940 per share
Price / Cash7.33
Book Value$10.88 per share
Price / Book2.56

Profitability

EPS (Most Recent Fiscal Year)$1.37
Net Income$1.79 billion
Net Margins15.43%
Return on Equity10.73%
Return on Assets2.14%

Miscellaneous

Employees7,977
Outstanding Shares501,190,000
Market Cap$14.09 billion

CenterPoint Energy (NYSE:CNP) Frequently Asked Questions

What is CenterPoint Energy's stock symbol?

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

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

CenterPoint Energy declared a quarterly dividend on Thursday, July 26th. Shareholders of record on Thursday, August 16th will be paid a dividend of $0.2775 per share on Thursday, September 13th. This represents a $1.11 annualized dividend and a yield of 3.99%. The ex-dividend date is Wednesday, August 15th. View CenterPoint Energy's Dividend History.

How were CenterPoint Energy's earnings last quarter?

CenterPoint Energy, Inc. (NYSE:CNP) posted its quarterly earnings results on Friday, August, 3rd. The utilities provider reported $0.30 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.32 by $0.02. The utilities provider had revenue of $2.19 billion for the quarter, compared to analyst estimates of $2.16 billion. CenterPoint Energy had a net margin of 15.43% and a return on equity of 10.73%. The company's quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.29 earnings per share. View CenterPoint Energy's Earnings History.

When is CenterPoint Energy's next earnings date?

CenterPoint Energy is scheduled to release their next quarterly earnings announcement on Thursday, November 8th 2018. View Earnings Estimates for CenterPoint Energy.

How can I listen to CenterPoint Energy's earnings call?

CenterPoint Energy will be holding an earnings conference call on Thursday, November 8th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

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

CenterPoint Energy issued an update on its FY18 earnings guidance on Friday, August, 3rd. The company provided earnings per share guidance of $1.50-1.60 for the period, compared to the Thomson Reuters consensus estimate of $1.60.

What price target have analysts set for CNP?

9 equities research analysts have issued twelve-month price objectives for CenterPoint Energy's shares. Their forecasts range from $25.00 to $33.00. On average, they expect CenterPoint Energy's share price to reach $29.1250 in the next year. This suggests a possible upside of 4.7% from the stock's current price. View Analyst Price Targets for CenterPoint Energy.

What is the consensus analysts' recommendation for CenterPoint Energy?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CenterPoint Energy in the last year. There are currently 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CenterPoint Energy.

Are investors shorting CenterPoint Energy?

CenterPoint Energy saw a increase in short interest in September. As of September 28th, there was short interest totalling 25,687,544 shares, an increase of 57.3% from the September 14th total of 16,331,006 shares. Based on an average daily trading volume, of 12,456,879 shares, the days-to-cover ratio is presently 2.1 days. Approximately 6.0% of the shares of the stock are short sold. View CenterPoint Energy's Current Options Chain.

Who are some of CenterPoint Energy's key competitors?

Who are CenterPoint Energy's key executives?

CenterPoint Energy's management team includes the folowing people:
  • Mr. Milton Carroll, Exec. Chairman (Age 68)
  • Mr. Scott M. Prochazka, Pres, CEO & Non-Independent Director (Age 52)
  • Mr. William D. Rogers, Exec. VP & CFO (Age 58)
  • Ms. Dana C. O'Brien, Sr. VP & Gen. Counsel (Age 50)
  • Mr. Tracy B. Bridge, Exec. VP & Pres of Electric Division (Age 59)

Who are CenterPoint Energy's major shareholders?

CenterPoint Energy's stock is owned by many different of retail and institutional investors. Top institutional investors include MERIAN GLOBAL INVESTORS UK Ltd (0.88%), Bank of Montreal Can (0.32%), PGGM Investments (0.31%), Deprince Race & Zollo Inc. (0.16%), Hennessy Advisors Inc. (0.12%) and Strs Ohio (0.08%). Company insiders that own CenterPoint Energy stock include Milton Carroll, Scott M Prochazka and Ted Pound. View Institutional Ownership Trends for CenterPoint Energy.

Which major investors are selling CenterPoint Energy stock?

CNP stock was sold by a variety of institutional investors in the last quarter, including Sanders Morris Harris LLC, Murphy Capital Management Inc., Bank of Montreal Can, Andra AP fonden, Nisa Investment Advisors LLC, Hennessy Advisors Inc., Sanders Morris Harris LLC and Xact Kapitalforvaltning AB. Company insiders that have sold CenterPoint Energy company stock in the last year include Milton Carroll, Scott M Prochazka and Ted Pound. View Insider Buying and Selling for CenterPoint Energy.

Which major investors are buying CenterPoint Energy stock?

CNP stock was bought by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, Strs Ohio, Gradient Investments LLC, PGGM Investments, Pensionfund DSM Netherlands, Pensionfund Sabic, State of New Jersey Common Pension Fund D and Deprince Race & Zollo Inc.. View Insider Buying and Selling for CenterPoint Energy.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is CenterPoint Energy's stock price today?

One share of CNP stock can currently be purchased for approximately $27.81.

How big of a company is CenterPoint Energy?

CenterPoint Energy has a market capitalization of $14.09 billion and generates $9.61 billion in revenue each year. The utilities provider earns $1.79 billion in net income (profit) each year or $1.37 on an earnings per share basis. CenterPoint Energy employs 7,977 workers across the globe.

What is CenterPoint Energy's official website?

The official website for CenterPoint Energy is http://www.centerpointenergy.com.

How can I contact CenterPoint Energy?

CenterPoint Energy's mailing address is 1111 Louisiana Street, Houston TX, 77002. The utilities provider can be reached via phone at 713-207-1111.


MarketBeat Community Rating for CenterPoint Energy (NYSE CNP)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  274 (Vote Outperform)
Underperform Votes:  454 (Vote Underperform)
Total Votes:  728
MarketBeat's community ratings are surveys of what our community members think about CenterPoint Energy and other stocks. Vote "Outperform" if you believe CNP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CNP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/23/2018 by MarketBeat.com Staff

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