Top-Rated Dividend Stocks Positive News Sentiment NYSE:CNP CenterPoint Energy - CNP Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding CenterPoint Energy, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $29.20 -0.58 (-1.95%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's Range$28.93▼$29.7450-Day Range$28.98▼$31.3152-Week Range$25.03▼$33.50Volume5.44 million shsAverage Volume3.53 million shsMarket Capitalization$18.38 billionP/E Ratio12.12Dividend Yield2.42%Price Target$32.20 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability CenterPoint Energy MarketRank™ ForecastAnalyst RatingModerate Buy2.78 Rating ScoreUpside/Downside10.3% Upside$32.20 Price TargetShort InterestHealthy1.51% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-5.23Upright™ Environmental ScoreNews SentimentN/AInsider TradingAcquiring Shares$227,182 Bought Last QuarterProj. Earnings Growth7.91%From $1.39 to $1.50 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.81 out of 5 starsUtilities Sector8th out of 84 stocksElectric Services Industry6th out of 41 stocks 2.4 Analyst's Opinion Consensus RatingCenterPoint Energy has received a consensus rating of Buy. The company's average rating score is 2.78, and is based on 7 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $32.20, CenterPoint Energy has a forecasted upside of 10.3% from its current price of $29.20.Amount of Analyst CoverageCenterPoint Energy has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.51% 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 2.7, 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 7.66%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldCenterPoint Energy pays a meaningful dividend of 2.42%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCenterPoint Energy has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of CenterPoint Energy is 31.54%. 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 50.67% 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 3.6 News and Social Media Coverage News SentimentCenterPoint Energy has a news sentiment score of 1.53. 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 0.52 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 1 news article for CenterPoint Energy this week, compared to 4 articles on an average week.Search Interest5 people have searched for CNP on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.MarketBeat Follows4 people have added CenterPoint Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CenterPoint Energy insiders have bought more of their company's stock than they have sold. Specifically, they have bought $227,182.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.09% of the stock of CenterPoint Energy is held by insiders.Percentage Held by Institutions90.28% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for CenterPoint Energy are expected to grow by 7.91% in the coming year, from $1.39 to $1.50 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CenterPoint Energy is 12.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.06.Price to Earnings Ratio vs. SectorThe P/E ratio of CenterPoint Energy is 12.12, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 101.47.Price to Earnings Growth RatioCenterPoint Energy has a PEG Ratio of 5.56. 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 2.13. 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 About CenterPoint Energy (NYSE:CNP) StockCenterPoint Energy, Inc. is a holding company, which engages in the business of power generation and distribution. It operates through the following segments: CenterPoint Energy, Houston Electric, and CERC. The CenterPoint Energy segment consists of electric transmission and distribution services in the Texas gulf coast area in the ERCOT region and electric transmission and distribution services primarily to southwestern Indiana and includes power generation and wholesale power operations in the MISO region. The Houston Electric segment consists of electric transmission services to transmission services customers in the ERCOT region and distribution services to REPs serving the Texas gulf coast area. The CERC segment covers the Restructuring consisting of intrastate natural gas sales to, and natural gas transportation and distribution for residential, commercial, industrial and institutional customers in Indiana, Louisiana, Minnesota, Mississippi, Ohio and Texas, and permanent pipeline connections through interconnects with various interstate and intrastate pipeline companies through CEIP. The company was founded in 1866 and is headquartered in Houston, TX.Read More 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 CNP Stock News HeadlinesJanuary 25, 2023 | marketwatch.comCenterPoint Energy Inc. stock underperforms Wednesday when compared to competitorsJanuary 25, 2023 | msn.comGolden Cross Appears Before CenterPoint Energy InvestorsFebruary 5, 2023 | Wall Street Watch Dogs (Ad)A gold storm is coming…“We are in the early stages of a mania – the calm before the storm.”...January 18, 2023 | seekingalpha.comCenterPoint Energy: Buy This High-Growth Utility On DipsJanuary 18, 2023 | finance.yahoo.comCenterPoint Energy (NYSE:CNP) Is Increasing Its Dividend To $0.19January 13, 2023 | finance.yahoo.comCenterPoint Energy, Inc. to Host Webcast of Fourth Quarter 2022 Earnings Conference CallJanuary 4, 2023 | finance.yahoo.comCenterPoint Energy announces several leadership promotions for utility, corporate functionsJanuary 4, 2023 | finance.yahoo.comCenterPoint Energy (NYSE:CNP) Will Pay A Larger Dividend Than Last Year At $0.19February 5, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... 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Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 3, 2023 | thestreet.comCenterPoint Energy (CNP) Stock Gains on Elliott Management InvestmentDecember 23, 2022 | msn.comCenterPoint Energy asks customers to conserve natural gas amid arctic blastDecember 19, 2022 | finance.yahoo.comCenterPoint Energy's (NYSE:CNP) Dividend Will Be Increased To $0.19December 15, 2022 | marketwatch.comCenterPoint Energy Inc. stock underperforms Thursday when compared to competitorsDecember 15, 2022 | finance.yahoo.comCenterPoint Energy declares regular Common Stock dividend of $0.1900 and Series A Preferred Stock dividend of $30.6250December 14, 2022 | finance.yahoo.comTaking A Look At CenterPoint Energy, Inc.'s (NYSE:CNP) ROEDecember 1, 2022 | finance.yahoo.comCenterPoint (CNP) Up 10.7% Since Last Earnings Report: Can It Continue?November 28, 2022 | finance.yahoo.comShould You Be Adding CenterPoint Energy (NYSE:CNP) To Your Watchlist Today?November 28, 2022 | finance.yahoo.comHouston Blames Water Outage on Failure of Backup TransformerNovember 11, 2022 | finance.yahoo.comWhen Should You Buy CenterPoint Energy, Inc. (NYSE:CNP)?November 10, 2022 | benzinga.comCenterPoint Energy Board Member Makes $227K Stock PurchaseNovember 10, 2022 | benzinga.comDirector of CenterPoint Energy Makes $227K BuyNovember 4, 2022 | seekingalpha.comCenterPoint Energy: Some Potential After Q3 Earnings But Valuation A Bit HighNovember 1, 2022 | finanznachrichten.deROUNDUP: CenterPoint Energy Q3 Profit Down, But Beats Estimates; Backs Full-year EPS OutlookNovember 1, 2022 | msn.comCenterPoint Energy: Q3 Earnings InsightsNovember 1, 2022 | finance.yahoo.comCenterPoint Energy (CNP) Beats Q3 Earnings and Revenue EstimatesNovember 1, 2022 | finance.yahoo.comCenterPoint promotes CFO to president and COONovember 1, 2022 | finance.yahoo.comCenterPoint Energy Announces Promotion of EVP & CFO Jason P. Wells to President and Chief Operating Officer; Dave Lesar to Continue to Serve as CEOSee More Headlines View Price History Chart DataSkip Price History Chart 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. Email Address CNP Company Calendar Last Earnings11/04/2021Today2/05/2023Ex-Dividend for 3/9 Dividend2/15/2023Next Earnings (Confirmed)2/17/2023Dividend Payable3/09/2023Dividend Payable3/09/2023Fiscal Year End12/31/2023Ex-Dividend for 3/9 Dividend1/01/2100Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Electric services Sub-IndustryMulti-Utilities SectorUtilities Current SymbolNYSE:CNP CUSIP15189T10 CIK1130310 Webwww.centerpointenergy.com Phone(713) 207-1111Fax713-207-3169Employees9,418Year Founded1866Price Target and Rating Average Stock Price Forecast$32.20 High Stock Price Forecast$35.00 Low Stock Price Forecast$29.00 Forecasted Upside/Downside+10.3%Consensus RatingModerate Buy Rating Score (0-4)2.78 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$2.41 Trailing P/E Ratio12.12 Forward P/E Ratio21.01 P/E Growth5.56Net Income$1.49 billion Net Margins17.67% Pretax Margin14.97% Return on Equity10.77% Return on Assets2.67% Debt Debt-to-Equity Ratio1.46 Current Ratio0.89 Quick Ratio0.69 Sales & Book Value Annual Sales$8.92 billion Price / Sales2.06 Cash Flow$3.68 per share Price / Cash Flow7.93 Book Value$13.72 per share Price / Book2.13Miscellaneous Outstanding Shares629,536,000Free Float628,969,000Market Cap$18.38 billion OptionableOptionable Beta0.86 Social Links Key ExecutivesDavid J. LesarChief Executive Officer & DirectorJason P. WellsPresident, Chief Operating Officer & CFOKenny ColemanChief Information Officer & Senior Vice PresidentLynne Harkel-RumfordChief Human Resources Officer & Executive VPMonica KaruturiExecutive Vice President & General CounselKey CompetitorsDTE EnergyNYSE:DTEDominion EnergyNYSE:DFortisNYSE:FTSAvangridNYSE:AGRPPLNYSE:PPLView All CompetitorsInsiders & InstitutionsSecurian Asset Management Inc.Bought 376 shares on 2/3/2023Ownership: 0.008%OLD National Bancorp INSold 805 shares on 2/3/2023Ownership: 0.003%Aveo Capital Partners LLCBought 11,005 shares on 2/3/2023Ownership: 0.002%U.S. Capital Wealth Advisors LLCSold 435 shares on 2/3/2023Ownership: 0.001%Peterson Financial Group Inc.Bought 7,234 shares on 2/3/2023Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions CNP Stock - Frequently Asked Questions Should I buy or sell CenterPoint Energy stock right now? 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CenterPoint Energy in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CNP shares. View CNP analyst ratings or view top-rated stocks. What is CenterPoint Energy's stock price forecast for 2023? 9 Wall Street research analysts have issued 12-month price objectives for CenterPoint Energy's shares. Their CNP share price forecasts range from $29.00 to $35.00. On average, they expect the company's stock price to reach $32.20 in the next year. This suggests a possible upside of 10.3% 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 2023? CenterPoint Energy's stock was trading at $29.99 at the beginning of 2023. Since then, CNP stock has decreased by 2.6% and is now trading at $29.20. View the best growth stocks for 2023 here. Are investors shorting CenterPoint Energy? CenterPoint Energy saw a drop in short interest in the month of December. As of December 30th, there was short interest totaling 10,320,000 shares, a drop of 15.8% from the December 15th total of 12,250,000 shares. Based on an average daily volume of 3,810,000 shares, the short-interest ratio is currently 2.7 days. View CenterPoint Energy's Short Interest. When is CenterPoint Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, February 17th 2023. View our CNP earnings forecast. How can I listen to CenterPoint Energy's earnings call? CenterPoint Energy will be holding an earnings conference call on Friday, February 17th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were CenterPoint Energy's earnings last quarter? CenterPoint Energy, Inc. (NYSE:CNP) posted its quarterly earnings results on Thursday, November, 4th. The utilities provider reported $0.33 EPS for the quarter, topping the consensus estimate of $0.28 by $0.05. The utilities provider had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.66 billion. CenterPoint Energy had a net margin of 17.67% and a trailing twelve-month return on equity of 10.77%. During the same period in the previous year, the company posted $0.34 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 15th. Investors of record on Thursday, February 16th will be paid a dividend of $0.19 per share on Thursday, March 9th. This represents a $0.76 annualized dividend and a dividend yield of 2.60%. The ex-dividend date is Wednesday, February 15th. This is a positive change from the stock's previous quarterly dividend of $0.18. Read our dividend analysis for CNP. Is CenterPoint Energy a good dividend stock? CenterPoint Energy (NYSE:CNP) pays an annual dividend of $0.72 per share and currently has a dividend yield of 2.42%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 29.88%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CNP will have a dividend payout ratio of 48.32% 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 FY 2023 earnings guidance on Tuesday, November, 8th. The company provided earnings per share guidance of $1.48-$1.50 for the period, compared to the consensus EPS estimate of $1.49. The company issued revenue guidance of -. 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). 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 variety of institutional and retail investors. Top institutional shareholders include Ceredex Value Advisors LLC (0.38%), Sumitomo Mitsui Trust Holdings Inc. (0.28%), Scout Investments Inc. (0.20%), Bank of Montreal Can (0.14%), New York State Teachers Retirement System (0.11%) and Hallmark Capital Management Inc. (0.10%). Insiders that own company stock include Barry T Smitherman, David J Lesar, David J Lesar, Jason P Wells and Leslie D Biddle. 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 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 $29.20. How much money does CenterPoint Energy make? CenterPoint Energy (NYSE:CNP) has a market capitalization of $18.38 billion and generates $8.35 billion in revenue each year. The utilities provider earns $1.49 billion in net income (profit) each year or $2.41 on an earnings per share basis. How many employees does CenterPoint Energy have? The company 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 How can I contact CenterPoint Energy? CenterPoint Energy's mailing address is 1111 Louisiana Street, Houston TX, 77002. The official website for the company 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 2/5/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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