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

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

CenterPoint Energy declared a quarterly dividend on Monday, February 3rd. Shareholders of record on Thursday, February 20th will be paid a dividend of $0.29 per share on Thursday, March 12th. This represents a $1.16 dividend on an annualized basis and a yield of 4.27%. The ex-dividend date is Wednesday, February 19th. This is a boost from CenterPoint Energy's previous quarterly dividend of $0.29. View CenterPoint Energy's Dividend History.

CenterPoint Energy, Inc. (NYSE:CNP) announced its quarterly earnings data on Thursday, November, 7th. The utilities provider reported $0.53 EPS for the quarter, topping the consensus estimate of $0.43 by $0.10. The utilities provider had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.91 billion. The firm's quarterly revenue was up 24.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.39 earnings per share. View CenterPoint Energy's Earnings History.

CenterPoint Energy is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for CenterPoint Energy.

CenterPoint Energy will be holding an earnings conference call on Thursday, February 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

CenterPoint Energy issued an update on its FY 2019 Pre-Market earnings guidance on Monday, November, 25th. The company provided EPS guidance of $1.70-1.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.64.

15 Wall Street analysts have issued 1 year target prices for CenterPoint Energy's shares. Their forecasts range from $26.00 to $32.00. On average, they expect CenterPoint Energy's share price to reach $28.43 in the next twelve months. This suggests a possible upside of 4.6% from the stock's current price. View Analyst Price Targets for CenterPoint Energy.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CenterPoint Energy in the last year. There are currently 7 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CenterPoint Energy.

News articles about CNP stock have trended neutral recently, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. CenterPoint Energy earned a daily sentiment score of 0.2 on InfoTrie's scale. They also assigned headlines about the utilities provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for CenterPoint Energy.

CenterPoint Energy saw a drop in short interest during the month of January. As of January 31st, there was short interest totalling 17,740,000 shares, a drop of 6.8% from the January 15th total of 19,030,000 shares. Based on an average daily volume of 5,620,000 shares, the short-interest ratio is presently 3.2 days. Currently, 3.5% of the shares of the company are short sold. View CenterPoint Energy's Current Options Chain.

Some companies that are related to CenterPoint Energy include Alliant Energy (LNT), Avista (AVA), Ameren (AEE), Black Hills (BKH), CMS Energy (CMS), Consolidated Edison (ED), Dominion Energy (D), DTE Energy (DTE), Mdu Resources Group (MDU), NiSource (NI), NorthWestern (NWE), PG&E (PCG), Public Service Enterprise Group (PEG), Sempra Energy (SRE) and WEC Energy Group (WEC).

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), Altria Group (MO), Exxon Mobil (XOM), Hawkins (HWKN), Cisco Systems (CSCO), Chevron (CVX), IBM (IBM) and Ford Motor (F).

CenterPoint Energy's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Mitsubishi UFJ Trust & Banking Corp (1.89%), Levin Easterly Partners LLC (1.36%), Franklin Resources Inc. (1.32%), Renaissance Technologies LLC (1.31%), Bank of New York Mellon Corp (1.25%) and Russell Investments Group Ltd. (0.86%). Company insiders that own CenterPoint Energy stock include Joseph John Vortherms, Milton Carroll, Scott M Prochazka and Ted Pound. View Institutional Ownership Trends for CenterPoint Energy.

CNP stock was sold by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., Miller Howard Investments Inc. NY, DekaBank Deutsche Girozentrale, AQR Capital Management LLC, Martingale Asset Management L P, Russell Investments Group Ltd., Acadian Asset Management LLC and Strs Ohio. Company insiders that have sold CenterPoint Energy company stock in the last year include Joseph John Vortherms, Milton Carroll and Scott M Prochazka. View Insider Buying and Selling for CenterPoint Energy.

CNP stock was bought by a variety of institutional investors in the last quarter, including Brookfield Public Securities Group LLC, Renaissance Technologies LLC, Bank of New York Mellon Corp, Retirement Systems of Alabama, Point72 Asset Management L.P., First Trust Advisors LP, Franklin Resources Inc. and OLD Republic International Corp. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of CNP stock can currently be purchased for approximately $27.18.