About Houston Lighting & Power (NYSE:CNP)
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.
Industry, Sector and Symbol
Industry Electric services
Trailing P/E Ratio19.33
Forward P/E Ratio17.21
Sales & Book Value
Annual Sales$9.61 billion
Price / Sales1.20
Cash Flow$3.8333 per share
Price / Cash6.96
Book Value$10.88 per share
Price / Book2.45
EPS (Most Recent Fiscal Year)$1.37
Net Income$1.79 billion
Return on Equity15.51%
Return on Assets2.69%
Houston Lighting & Power (NYSE:CNP) Frequently Asked Questions
What is Houston Lighting & Power's stock symbol?
Houston Lighting & Power trades on the New York Stock Exchange (NYSE) under the ticker symbol "CNP."
How often does Houston Lighting & Power pay dividends? What is the dividend yield for Houston Lighting & Power?
Houston Lighting & Power declared a quarterly dividend on Thursday, December 14th. Investors of record on Thursday, February 15th will be given a dividend of $0.2775 per share on Thursday, March 8th. This represents a $1.11 annualized dividend and a dividend yield of 4.16%. The ex-dividend date is Wednesday, February 14th. This is a boost from Houston Lighting & Power's previous quarterly dividend of $0.27. View Houston Lighting & Power's Dividend History.
How were Houston Lighting & Power's earnings last quarter?
Houston Lighting & Power (NYSE:CNP) announced its earnings results on Thursday, February, 22nd. The utilities provider reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.03. The utilities provider earned $2.64 billion during the quarter, compared to analysts' expectations of $2.33 billion. Houston Lighting & Power had a return on equity of 15.51% and a net margin of 18.64%. The company's revenue was up 26.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.26 earnings per share. View Houston Lighting & Power's Earnings History.
When is Houston Lighting & Power's next earnings date?
What guidance has Houston Lighting & Power issued on next quarter's earnings?
Houston Lighting & Power updated its FY18 earnings guidance on Friday, March, 16th. The company provided EPS guidance of $1.50-1.60 for the period, compared to the Thomson Reuters consensus estimate of $1.55.
What price target have analysts set for CNP?
7 equities research analysts have issued 1-year price targets for Houston Lighting & Power's stock. Their forecasts range from $27.00 to $30.00. On average, they expect Houston Lighting & Power's stock price to reach $28.4286 in the next twelve months. View Analyst Ratings for Houston Lighting & Power.
Who are some of Houston Lighting & Power's key competitors?
Some companies that are related to Houston Lighting & Power include Korea Electric Power (KEP), Edison International (EIX), PPL (PPL), SSE (SSEZY), Eversource Energy (ES), DTE Energy (DTE), FirstEnergy (FE), Avangrid (AGR), Energias de Portugal (EDPFY), Entergy (ETR), Fortis (FTS), Enel Américas (ENIA), Centrica (CPYYY), Red Eléctrica de Espańa (RDEIY), NRG Energy (NRG), Huaneng Power International (HNP), Vistra Energy (VST) and Pinnacle West Capital (PNW).
Who are Houston Lighting & Power's key executives?
Houston Lighting & Power'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)
Has Houston Lighting & Power been receiving favorable news coverage?
News headlines about CNP stock have been trending positive recently, according to Accern Sentiment. The research firm identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Houston Lighting & Power earned a media sentiment score of 0.44 on Accern's scale. They also gave news articles about the utilities provider an impact score of 45.71 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
How do I buy shares of Houston Lighting & Power?
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 Houston Lighting & Power's stock price today?
One share of CNP stock can currently be purchased for approximately $26.68.
How big of a company is Houston Lighting & Power?
Houston Lighting & Power has a market capitalization of $11.50 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. Houston Lighting & Power employs 7,977 workers across the globe.
How can I contact Houston Lighting & Power?
Houston Lighting & Power'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 Houston Lighting & Power (CNP)MarketBeat's community ratings are surveys of what our community members think about Houston Lighting & Power 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.
Houston Lighting & Power (NYSE:CNP) Price Target and Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
7 Wall Street analysts have issued ratings and price targets for Houston Lighting & Power in the last 12 months. Their average twelve-month price target is $28.4286, suggesting that the stock has a possible upside of 6.55%. The high price target for CNP is $30.00 and the low price target for CNP is $27.00. There are currently 1 sell rating and 6 hold ratings for the stock, resulting in a consensus rating of "Hold."
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Hold||Hold||Hold||Hold|
|Consensus Rating Score: ||1.86||1.88||2.00||2.11|
|Ratings Breakdown: ||1 Sell Rating(s)|
6 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
7 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
9 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
8 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$28.4286||$28.8750||$29.1250||$28.3333|
|Price Target Upside: ||6.55% upside||7.58% upside||3.91% upside||4.51% downside|
Houston Lighting & Power (NYSE:CNP) Consensus Price Target History
Houston Lighting & Power (NYSE:CNP) Analyst Ratings History
(Data available from 4/22/2016 forward)
Houston Lighting & Power (NYSE:CNP) Dividend Information
Houston Lighting & Power pays an annual dividend of $1.11 per share, with a dividend yield of 4.16%. CNP's most recent quarterly dividend payment was Thursday, March 8. The company has grown its dividend for the last 12 consecutive years and is increasing its dividend by an average of 4.00% each year. Houston Lighting & Power pays out 81.02% of its earnings out as a dividend.
|Most Recent Dividend:||3/8/2018|
|Dividend Growth:||4.00% (3 Year Average)|
|Payout Ratio:||81.02% (Trailing 12 Months of Earnings) |
71.61% (Based on This Year's Estimates)
67.68% (Based on Next Year's Estimates)
|Track Record:||12 Years of Consecutive Dividend Growth|
Houston Lighting & Power (NYSE:CNP) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Houston Lighting & Power (NYSE CNP) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.22%
Institutional Ownership Percentage: 76.71%
Houston Lighting & Power (NYSE CNP) Insider Trading History
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|4/2/2018||Scott M Prochazka||CEO||Sell||4,000||$27.13||$108,520.00|| |
|3/1/2018||Scott M. Prochazka||CEO||Sell||1,000||$26.99||$26,990.00|| |
|2/28/2018||Milton Carroll||Insider||Sell||43,363||$27.20||$1,179,473.60|| |
|2/1/2018||Scott M Prochazka||CEO||Sell||1,000||$27.91||$27,910.00|| |
|1/2/2018||Scott M. Prochazka||CEO||Sell||1,000||$28.11||$28,110.00|| |
|12/1/2017||Scott M. Prochazka||CEO||Sell||1,000||$29.39||$29,390.00|| |
|11/1/2017||Scott M Prochazka||CEO||Sell||1,000||$29.61||$29,610.00|| |
|10/2/2017||Scott M. Prochazka||CEO||Sell||1,000||$29.08||$29,080.00|| |
|9/1/2017||Scott M. Prochazka||CEO||Sell||1,000||$29.61||$29,610.00|| |
|8/1/2017||Scott M. Prochazka||CEO||Sell||1,000||$28.23||$28,230.00|| |
|7/3/2017||Scott M. Prochazka||CEO||Sell||1,000||$27.66||$27,660.00|| |
|6/1/2017||Scott M. Prochazka||CEO||Sell||1,000||$28.67||$28,670.00|| |
|4/3/2017||Scott M. Prochazka||CEO||Sell||1,000||$27.45||$27,450.00|| |
|5/13/2016||Joseph B Mcgoldrick||VP||Sell||9,000||$22.23||$200,070.00||125,271|| |
|11/16/2015||Janiece M Longoria||Director||Sell||3,000||$17.03||$51,090.00||52,340|| |
|6/2/2015||Tracy B Bridge||VP||Buy||10,000||$19.80||$198,000.00|| |
|6/1/2015||Tracy B Bridge||VP||Buy||10,000||$20.20||$202,000.00|| |
|5/15/2015||Phillip R Smith||Director||Buy||2,000||$20.28||$40,560.00|| |
|5/14/2015||Joseph B Mcgoldrick||VP||Buy||10,000||$20.15||$201,500.00|| |
|5/13/2015||William D Rogers||CFO||Buy||20,000||$19.81||$396,200.00|| |
|6/6/2014||Milton Carroll||Chairman||Sell||9,795||$24.11||$236,157.45|| |
|5/5/2014||Milton Carroll||Chairman||Sell||10,333||$24.44||$252,538.52||156,758|| |
|12/3/2013||David Mcclanahan||CEO||Sell||106,100||$23.01||$2,441,361.00||987,679|| |
|5/8/2013||Joseph B Mcgoldrick||SVP||Sell||2,000||$24.40||$48,800.00|| |
Houston Lighting & Power (NYSE CNP) News Headlines
|New Thriller/Suspense Novel Shines a Light on International Sex Trafficking Underbelly of American Cities|
www.bizjournals.com - April 19 at 5:55 PM
|Houston Lighting & Power (CNP) Rating Lowered to Sell at BidaskClub|
www.americanbankingnews.com - April 19 at 11:06 AM
|In Puerto Rico, Stadium Lights Glow, Homes Do Not|
www.nytimes.com - April 19 at 8:00 AM
|MLB in Puerto Rico: How Hiram Bithorn Stadium was salvaged in Hurricane Maria aftermath|
www.usatoday.com - April 18 at 5:58 PM
|DP&L sells Dayton-area acreage for $1.7M|
www.bizjournals.com - April 18 at 8:01 AM
|Statement from Natalye Paquin, Points of Light President and CEO, in Honor of Mrs. Barbara Bush|
finance.yahoo.com - April 18 at 8:01 AM
|Contrasting Houston Lighting & Power (CNP) and Pampa Energia (PAM)|
www.americanbankingnews.com - April 17 at 1:20 PM
|Houston Lighting & Power (CNP) Lifted to Hold at BidaskClub|
www.americanbankingnews.com - April 16 at 8:40 PM
|Houston Lighting & Power (CNP) Given "Hold" Rating at SunTrust Banks|
www.americanbankingnews.com - April 16 at 1:19 PM
|7 Things You Should Know If You Love Someone Who Gets Migraines|
www.huffingtonpost.com - April 13 at 8:01 AM
|Houston Lighting & Power (CNP) Given Consensus Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - April 12 at 7:45 PM
|Sagamore Spirit President Brian Treacy reflects on one year in Port Covington|
www.bizjournals.com - April 11 at 5:52 PM
|Renewable Energy and Power Launches Texas Energy Efficiency Utility of Rebate Initiative|
globenewswire.com - April 11 at 8:04 AM
|BidaskClub Upgrades Houston Lighting & Power (CNP) to Buy|
www.americanbankingnews.com - April 10 at 9:58 PM
|JPMorgan Chase Increases Houston Lighting & Power (CNP) Price Target to $29.00|
www.americanbankingnews.com - April 10 at 11:29 AM
|ActiveLED® Continues to Roll Out American Made Innovations with New High Mast and Tower Lighting LED Luminaire|
www.bizjournals.com - April 9 at 5:36 PM
|Delta's Advanced Display Technologies Enable the World's First 8K 25,000-lumen DLP Projector Unveiled at NAB Show 2018|
finance.yahoo.com - April 9 at 5:36 PM
|Houston Lighting & Power (CNP) Rating Reiterated by SunTrust Banks|
www.americanbankingnews.com - April 8 at 4:51 PM
|Bank of America Initiates Coverage on Houston Lighting & Power (CNP)|
www.americanbankingnews.com - April 5 at 9:02 PM
|Houston Lighting & Power (CNP) CEO Scott M. Prochazka Sells 4,000 Shares|
www.americanbankingnews.com - April 3 at 10:46 PM
|CenterPoint Energy announces completion of critical electric transmission line|
finance.yahoo.com - April 2 at 8:02 AM
|CenterPoint Energy Sees Hammer Chart Pattern: Time To Buy?|
www.benzinga.com - March 29 at 5:43 PM
|Centerpoint Energy: Great Yield, But With More Risk Than Some Might Like|
seekingalpha.com - March 29 at 5:43 PM
|CenterPoint Energy, Inc. (CNP) Sees Hammer Chart Pattern: Time to Buy?|
www.zacks.com - March 29 at 8:05 AM
|CenterPoint Energy Resources Corp. announces closing of $600 million senior notes offering|
www.prnewswire.com - March 28 at 7:34 PM
|CenterPoint Energy, Inc. to Host Webcast of First Quarter 2018 Earnings Conference Call|
finance.yahoo.com - March 28 at 8:08 AM
|CenterPoint Energy (CNP) Given New $27.00 Price Target at Citigroup|
www.americanbankingnews.com - March 27 at 11:00 AM
|CenterPoint Energy launches 2017 Corporate Responsibility Report using GRI standards|
finance.yahoo.com - March 26 at 8:04 AM
|Why Is CenterPoint Energy (CNP) Down 1% Since its Last Earnings Report?|
finance.yahoo.com - March 26 at 8:04 AM
|SunTrust Banks Analysts Give CenterPoint Energy (CNP) a $27.00 Price Target|
www.americanbankingnews.com - March 24 at 12:16 PM
|Bank of America Lowers CenterPoint Energy (CNP) to Underperform|
www.americanbankingnews.com - March 22 at 9:20 PM
|CenterPoint Energy, Inc. (CNP) Given Average Rating of "Hold" by Brokerages|
www.americanbankingnews.com - March 18 at 7:42 PM
|NRG Energy's (NRG) Transformation Plan Propel It to New High - Nasdaq|
www.nasdaq.com - March 17 at 8:04 AM
|NRG Energy's (NRG) Transformation Plan Propel It to New High|
finance.yahoo.com - March 17 at 8:04 AM
|CenterPoint Energy (CNP) Updates FY18 Earnings Guidance|
www.americanbankingnews.com - March 16 at 5:24 PM
|CenterPoint Energy sets 2018 annual meeting of shareholders - PR Newswire (press release)|
www.prnewswire.com - March 15 at 8:00 AM
|CenterPoint Energy, Inc. (CNP) CEO Scott M. Prochazka Sells 1,000 Shares|
www.americanbankingnews.com - March 5 at 7:53 PM
|Sun Life Financial INC Has $1.40 Million Stake in CenterPoint Energy, Inc. (CNP)|
www.americanbankingnews.com - March 5 at 4:09 PM
|Centenus Global Management LP Takes $5.67 Million Position in CenterPoint Energy, Inc. (CNP)|
www.americanbankingnews.com - March 5 at 5:28 AM
|Polaris Greystone Financial Group LLC Boosts Holdings in CenterPoint Energy, Inc. (CNP)|
www.americanbankingnews.com - March 3 at 4:10 PM
|CenterPoint Energy, Inc. (CNP) Stake Increased by American International Group Inc.|
www.americanbankingnews.com - March 2 at 4:22 AM
|Insider Selling: CenterPoint Energy, Inc. (CNP) Insider Sells 43,363 Shares of Stock|
www.americanbankingnews.com - March 1 at 9:30 PM
|Employees Retirement System of Texas Raises Holdings in CenterPoint Energy, Inc. (CNP)|
www.americanbankingnews.com - March 1 at 8:56 AM
|CenterPoint Energy subsidiary closes on $400 million of general mortgage bonds - PR Newswire (press release)|
www.prnewswire.com - March 1 at 8:01 AM
|Allianz Asset Management GmbH Lowers Position in CenterPoint Energy, Inc. (CNP)|
www.americanbankingnews.com - March 1 at 4:10 AM
|CenterPoint Energy subsidiary closes on $400 million of general mortgage bonds|
finance.yahoo.com - February 28 at 6:15 PM
|CenterPoint Energy, Inc. (CNP) Position Increased by State of Tennessee Treasury Department|
www.americanbankingnews.com - February 28 at 5:47 PM
|Suntrust Banks Inc. Has $3.55 Million Holdings in CenterPoint Energy, Inc. (CNP)|
www.americanbankingnews.com - February 27 at 4:22 PM
|Schroder Investment Management Group Grows Holdings in CenterPoint Energy, Inc. (CNP)|
www.americanbankingnews.com - February 27 at 11:26 AM
|First Trust Advisors LP Trims Position in CenterPoint Energy, Inc. (CNP)|
www.americanbankingnews.com - February 27 at 10:20 AM
Houston Lighting & Power (NYSE:CNP) SEC Filings
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Houston Lighting & Power (NYSE:CNP) Income Statement, Balance Sheet and Cash Flow Statement
Houston Lighting & Power (NYSE CNP) Stock Chart for Sunday, April, 22, 2018