NYSE:CNP CenterPoint Energy (CNP) Stock Price, News & Analysis → Did you make $29,000 two days with AI options trades? (From Prosper Trading Academy) (Ad) Free CNP Stock Alerts $27.94 +0.07 (+0.25%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$27.77▼$28.1550-Day Range$27.14▼$29.4152-Week Range$25.42▼$31.43Volume3.47 million shsAverage Volume4.10 million shsMarket Capitalization$17.65 billionP/E Ratio20.54Dividend Yield2.86%Price Target$30.64 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get CenterPoint Energy alerts: Email Address CenterPoint Energy MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.55 Rating ScoreUpside/Downside10.0% Upside$30.73 Price TargetShort InterestHealthy1.90% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-5.23Upright™ Environmental ScoreNews Sentiment0.79Based on 19 Articles This WeekInsider TradingN/AProj. Earnings Growth6.13%From $1.63 to $1.73 Per ShareSee Full Details Hide Full Details 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.4.22 out of 5 starsUtilities Sector13th out of 91 stocksElectric Services Industry6th out of 42 stocks 2.3 Analyst's Opinion Consensus RatingCenterPoint Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.55, and is based on 7 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $30.73, CenterPoint Energy has a forecasted upside of 10.0% from its current price of $27.94.Amount of Analyst CoverageCenterPoint Energy has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.90% 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 3, 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 2.99%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldCenterPoint Energy pays a meaningful dividend of 2.87%, 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 58.82%. 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 46.24% 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 3.2 News and Social Media Coverage News SentimentCenterPoint Energy has a news sentiment score of 0.79. 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 0.43 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 19 news articles for CenterPoint Energy this week, compared to 6 articles on an average week.Search Interest13 people have searched for CNP on MarketBeat in the last 30 days. This is an increase of 1,200% compared to the previous 30 days.MarketBeat FollowsOnly 7 people have added CenterPoint Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -22% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CenterPoint Energy insiders have not sold or bought any 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 1.9 Earnings and Valuation Earnings GrowthEarnings for CenterPoint Energy are expected to grow by 6.13% in the coming year, from $1.63 to $1.73 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CenterPoint Energy is 20.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 152.48.Price to Earnings Ratio vs. SectorThe P/E ratio of CenterPoint Energy is 20.54, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 83.38.Price to Earnings Growth RatioCenterPoint Energy has a PEG Ratio of 2.28. 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 1.82. 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 Ad Crypto Swap ProfitsClaim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.Secure Your Spot Now 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.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 HeadlinesMarch 16, 2024 | nasdaq.comNovember 15th Options Now Available For CenterPoint Energy (CNP)March 16, 2024 | msn.comOver 25,000 customers have lost power as thunderstorms sweep through greater Houston areaMarch 19, 2024 | The Bull Report (Ad)The AI Bottleneck No One is Talking AboutRenewable energy is growing at an impressive speed - but not fast enough. This could be one of the greatest periods for the nuclear industry ever.March 15, 2024 | finance.yahoo.comCenterPoint Energy Announces 2024 Annual Meeting of ShareholdersMarch 15, 2024 | markets.businessinsider.comA Glimpse Into The Expert Outlook On CenterPoint Energy Through 6 AnalystsMarch 15, 2024 | americanbankingnews.comResearch Analysts Offer Predictions for CenterPoint Energy, Inc.'s Q1 2024 Earnings (NYSE:CNP)March 13, 2024 | msn.comAfter testimonies, OUCC recommends big decrease in CenterPoint’s base rate requestMarch 12, 2024 | msn.comCenterPoint urges customers to seek available assistance programsMarch 19, 2024 | Colonial Metals (Ad)Central Bank Gold Heist In ProgressWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.March 11, 2024 | markets.businessinsider.comAnalysts Offer Insights on Utilities Companies: Centerpoint Energy (CNP) and Algonquin Power & Utilities (AQN)March 7, 2024 | nasdaq.comCenterPoint Energy Breaks Above 200-Day Moving Average - Bullish for CNPMarch 7, 2024 | finance.yahoo.comA Look At The Fair Value Of CenterPoint Energy, Inc. (NYSE:CNP)February 21, 2024 | msn.comCenterpoint Energy Inc Is Worried About This – Should You Be Worried Too?February 21, 2024 | finance.yahoo.comDecoding CenterPoint Energy Inc (CNP): A Strategic SWOT InsightFebruary 21, 2024 | finance.yahoo.comQ4 2023 CenterPoint Energy Inc Earnings CallFebruary 20, 2024 | seekingalpha.comCenterPoint Energy, Inc. 2023 Q4 - Results - Earnings Call PresentationFebruary 20, 2024 | bizjournals.comCenterPoint Energy to sell Louisiana and Mississippi natural gas assets for $1.2 billionFebruary 20, 2024 | msn.comCenterPoint Energy (CNP) Meets Q4 Earnings EstimatesFebruary 20, 2024 | reuters.comCenterPoint to sell Louisiana, Mississippi natgas assets for $1.2 blnFebruary 20, 2024 | marketwatch.comCenterPoint Energy to Divest Mississippi, Louisiana Natural Gas Assets for $1.2BFebruary 20, 2024 | msn.comCenterPoint Non-GAAP EPS of $0.32 in-line; reaffirms FY24 outlookFebruary 20, 2024 | msn.comCenterPoint Energy to sell Louisiana, Mississippi gas assets in $1.2B dealFebruary 20, 2024 | markets.businessinsider.comCenterPoint Energy Inc Q4 Profit Increases, Inline With EstimatesFebruary 20, 2024 | reuters.comCenterPoint to sell natgas assets in Louisiana and Mississippi for $1.2 blnFebruary 20, 2024 | finance.yahoo.comCenterPoint Energy announces sale of its Louisiana and Mississippi natural gas assets to Bernhard Capital Partners for $1.2 billionFebruary 20, 2024 | finance.yahoo.comCenterPoint Energy Reports Strong Q4 and Full-year 2023 Results; Increases Capital Investment Plan; Reiterates 2024 GuidanceFebruary 20, 2024 | finance.yahoo.comCenterPoint Energy Inc (CNP) Reports Strong Earnings Growth and Capital Investment PlansSee 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 3/14 Dividend2/14/2024Last Earnings2/20/2024Dividend Payable3/14/2024Today3/18/2024Next Earnings (Estimated)4/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorUtilities Industry Electric services Sub-IndustryMulti-Utilities Current SymbolNYSE:CNP CUSIP15189T10 CIK1130310 Webwww.centerpointenergy.com Phone(713) 207-1111Fax713-207-3169Employees8,827Year Founded1866Price Target and Rating Average Stock Price Target$30.73 High Stock Price Target$35.00 Low Stock Price Target$27.00 Potential Upside/Downside+9.7%Consensus RatingModerate Buy Rating Score (0-4)2.55 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$1.36 Trailing P/E Ratio20.54 Forward P/E Ratio17.14 P/E Growth2.28Net Income$917 million Net Margins10.55% Pretax Margin12.50% Return on Equity10.44% Return on Assets2.59% Debt Debt-to-Equity Ratio1.82 Current Ratio0.78 Quick Ratio0.58 Sales & Book Value Annual Sales$8.70 billion Price / Sales2.03 Cash Flow$3.81 per share Price / Cash Flow7.33 Book Value$15.31 per share Price / Book1.82Miscellaneous Outstanding Shares631,590,000Free Float630,458,000Market Cap$17.65 billion OptionableOptionable Beta0.92 Social Links 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Jason P. Wells (Age 46)President, CEO & Director Comp: $1.72MMs. Monica Karuturi (Age 45)Executive VP & General Counsel Comp: $1.39MMr. 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. ColemanSenior VP & Chief Information OfficerJacqueline 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 CarrollSenior Vice President of Natural Gas BusinessMore ExecutivesKey CompetitorsDTE EnergyNYSE:DTEDominion EnergyNYSE:DFortisNYSE:FTSPPLNYSE:PPLCentrais Elétricas Brasileiras S.A. - EletrobrásNYSE:EBRView All CompetitorsInsiders & InstitutionsB. Riley Wealth Advisors Inc.Sold 1,184 shares on 3/15/2024Ownership: 0.003%Hennessy Advisors Inc.Sold 13,100 shares on 3/14/2024Ownership: 0.075%Vanguard Group Inc.Sold 479,960 shares on 3/11/2024Ownership: 12.103%ICA Group Wealth Management LLCBought 1,500 shares on 3/8/2024Ownership: 0.000%Wellington Management Group LLPBought 723,663 shares on 3/5/2024Ownership: 0.632%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 Sunday, March 17, 2024 at 4:23 PM. Pros Here are some ways that investors could benefit from investing in CenterPoint Energy, Inc.: CenterPoint Energy stock has a 52-week high of $31.43, indicating potential for growth. The company reported a return on equity of 10.44%, showing efficient use of shareholder funds. CenterPoint Energy announced a quarterly dividend of $0.20 per share, providing income for investors. The company operates through Electric and Natural Gas segments, diversifying its revenue streams. Analysts predict CenterPoint Energy will post 1.63 EPS for the current year, indicating potential profitability. Cons Investors should be bearish about investing in CenterPoint Energy, Inc. for these reasons: The company's debt-to-equity ratio of 1.82 may indicate high financial leverage. CenterPoint Energy's stock has a beta of 0.92, suggesting lower volatility compared to the market. Two equities research analysts have rated the stock with a sell rating, indicating potential risks. The company's payout ratio is 58.82%, which may limit future dividend growth. Barclays gave the stock an "underweight" rating, signaling a cautious outlook from some analysts. CNP Stock Analysis - Frequently Asked Questions Should I buy or sell CenterPoint Energy stock right now? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CenterPoint Energy in the last year. There are currently 1 sell rating, 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street 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 brokers have issued 12 month price targets for CenterPoint Energy's shares. Their CNP share price targets range from $27.00 to $35.00. On average, they expect the company's stock price to reach $30.73 in the next year. This suggests a possible upside of 10.0% 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 on January 1st, 2024. Since then, CNP stock has decreased by 2.2% and is now trading at $27.94. 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) released its earnings results on Tuesday, February, 20th. The utilities provider reported $0.32 earnings per share (EPS) 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 last year, the firm posted $0.28 EPS. Read the conference call transcript. How often does CenterPoint Energy pay dividends? What is the dividend yield for CenterPoint Energy? CenterPoint Energy announced a quarterly dividend on Thursday, December 14th. Shareholders of record on Thursday, February 15th will be paid a dividend of $0.20 per share on Thursday, March 14th. This represents a $0.80 annualized dividend and a yield of 2.86%. 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 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 updated its FY24 earnings guidance on Tuesday, February, 20th. The company provided EPS guidance of $1.61-1.63 for the period, compared to the consensus EPS 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 a number of institutional and retail investors. Top institutional shareholders include Capital International Investors (13.13%), Vanguard Group Inc. (12.11%), Vanguard Group Inc. (12.10%), Capital Research Global Investors (3.65%), Boston Partners (2.69%) and Cohen & Steers Inc. (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 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 3/19/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial Metals8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressAltcoin FRENZY Alert…Crypto 101 MediaThe AI Bottleneck No One is Talking AboutThe Bull ReportMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceSHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyThe world’s greatest investmentPorter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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