Top-Rated Dividend StocksTop-Rated DividendNYSE:CNP CenterPoint Energy (CNP) Stock Forecast, Price & News $28.21 +0.03 (+0.11%) (As of 05/31/2023 ET) Add Compare Share Share Today's Range$27.88▼$28.3650-Day Range$27.32▼$30.8352-Week Range$25.03▼$33.50Volume5.70 million shsAverage Volume3.83 million shsMarket Capitalization$17.80 billionP/E Ratio22.39Dividend Yield2.69%Price Target$32.75 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability CenterPoint Energy MarketRank™ ForecastAnalyst RatingModerate Buy2.86 Rating ScoreUpside/Downside16.1% Upside$32.75 Price TargetShort InterestHealthy1.19% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-5.23Upright™ Environmental ScoreNews Sentiment1.06Based on 6 Articles This WeekInsider TradingSelling Shares$237,035 Sold Last QuarterProj. Earnings Growth8.05%From $1.49 to $1.61 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.2.76 out of 5 starsUtilities Sector13th out of 84 stocksElectric Services Industry9th out of 40 stocks 2.4 Analyst's Opinion Consensus RatingCenterPoint Energy has received a consensus rating of Buy. The company's average rating score is 2.86, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $32.75, CenterPoint Energy has a forecasted upside of 16.1% from its current price of $28.21.Amount of Analyst CoverageCenterPoint Energy has only been the subject of 3 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.19% 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 1.9, 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 8.75%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldCenterPoint Energy pays a meaningful dividend of 2.68%, 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 60.32%. 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 47.20% 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 3.9 News and Social Media Coverage News SentimentCenterPoint Energy has a news sentiment score of 1.06. 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 0.42 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 6 news articles for CenterPoint Energy this week, compared to 5 articles on an average week.Search Interest19 people have searched for CNP on MarketBeat in the last 30 days. This is an increase of 375% compared to the previous 30 days.MarketBeat Follows5 people have added CenterPoint Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CenterPoint Energy insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $237,035.00 in company stock.Percentage Held by InsidersOnly 0.18% 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 8.05% in the coming year, from $1.49 to $1.61 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CenterPoint Energy is 22.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.43.Price to Earnings Ratio vs. SectorThe P/E ratio of CenterPoint Energy is 22.39, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 91.73.Price to Earnings Growth RatioCenterPoint Energy has a PEG Ratio of 2.56. 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 1.86. 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 HeadlinesMay 29, 2023 | americanbankingnews.comCenterPoint Energy (NYSE:CNP) & CEMIG (NYSE:CIG) Head-To-Head ReviewMay 27, 2023 | americanbankingnews.comCenterPoint Energy (NYSE:CNP) Downgraded by StockNews.com to SellJune 1, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.May 24, 2023 | americanbankingnews.comCritical Review: CenterPoint Energy (NYSE:CNP) & CEMIG (NYSE:CIG)May 23, 2023 | finance.yahoo.comHow Did CenterPoint Energy, Inc.'s (NYSE:CNP) 8.2% ROE Fare Against The Industry?May 20, 2023 | americanbankingnews.comCenterPoint Energy (NYSE:CNP) Coverage Initiated at StockNews.comMay 16, 2023 | americanbankingnews.comQ3 2023 EPS Estimates for CenterPoint Energy, Inc. Raised by Zacks Research (NYSE:CNP)May 16, 2023 | americanbankingnews.comAnalysts Set CenterPoint Energy, Inc. (NYSE:CNP) PT at $32.75June 1, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.May 14, 2023 | msn.comCenterPoint Energy warns of scam calls asking customers for paymentMay 13, 2023 | marketwatch.comLearn to Evaluate Centerpoint Energy ($CNP) using the ChartsMay 12, 2023 | finance.yahoo.comHere's Why CenterPoint Energy (CNP) is a Strong Value StockMay 12, 2023 | americanbankingnews.comInsider Selling: CenterPoint Energy, Inc. (NYSE:CNP) Director Sells $84,485.00 in StockMay 12, 2023 | americanbankingnews.comBarry T. Smitherman Sells 5,000 Shares of CenterPoint Energy, Inc. (NYSE:CNP) StockMay 12, 2023 | americanbankingnews.comKeyCorp Weighs in on CenterPoint Energy, Inc.'s FY2023 Earnings (NYSE:CNP)May 11, 2023 | americanbankingnews.comTed Pound Sells 2,770 Shares of CenterPoint Energy, Inc. (NYSE:CNP) StockMay 10, 2023 | marketwatch.comCenterPoint Energy Inc. stock rises Wednesday, still underperforms marketMay 9, 2023 | marketwatch.comCenterPoint Energy Inc. stock outperforms market despite losses on the dayMay 8, 2023 | marketwatch.comCenterPoint Energy Inc. stock underperforms Monday when compared to competitorsMay 5, 2023 | markets.businessinsider.comCenterpoint Energy (CNP) Receives a Rating Update from a Top AnalystMay 3, 2023 | finance.yahoo.comCenterPoint Energy First Quarter 2023 Earnings: Beats ExpectationsMay 2, 2023 | marketwatch.comCenterPoint Energy Inc. stock falls Tuesday, underperforms marketMay 2, 2023 | seekingalpha.comCenterPoint Energy: Incrementalist Strategy Yields Security And Growth Amid Macro VolatilityApril 28, 2023 | marketwatch.comCenterPoint Energy Inc. stock underperforms Friday when compared to competitorsApril 27, 2023 | seekingalpha.comCenterPoint Energy, Inc. 2023 Q1 - Results - Earnings Call PresentationApril 27, 2023 | finance.yahoo.comCenterPoint Energy (CNP) Q1 Earnings Top EstimatesApril 26, 2023 | finance.yahoo.comCenterPoint Energy continues shift from coal-fired generation; renewables complemented with natural gas-fired generation forge ahead as generation portfolioSee 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 Ex-Dividend for 3/9 Dividend2/15/2023Dividend Payable3/09/2023Last Earnings4/27/2023Ex-Dividend for 6/8 Dividend5/17/2023Today5/31/2023Dividend Payable6/08/2023Next Earnings (Estimated)8/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Electric services Sub-IndustryMulti-Utilities SectorUtilities Current SymbolNYSE:CNP CUSIP15189T10 CIK1130310 Webwww.centerpointenergy.com Phone(713) 207-1111Fax713-207-3169Employees8,986Year Founded1866Price Target and Rating Average Stock Price Forecast$32.75 High Stock Price Forecast$35.00 Low Stock Price Forecast$30.00 Forecasted Upside/Downside+16.1%Consensus RatingModerate Buy Rating Score (0-4)2.86 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$1.26 Trailing P/E Ratio22.39 Forward P/E Ratio18.93 P/E Growth2.56Net Income$1.06 billion Net Margins8.99% Pretax Margin11.67% Return on Equity9.97% Return on Assets2.49% Debt Debt-to-Equity Ratio1.65 Current Ratio1.00 Quick Ratio0.75 Sales & Book Value Annual Sales$9.32 billion Price / Sales1.91 Cash Flow$3.50 per share Price / Cash Flow8.07 Book Value$15.16 per share Price / Book1.86Miscellaneous Outstanding Shares631,030,000Free Float629,893,000Market Cap$17.80 billion OptionableOptionable Beta0.88 Social Links Key ExecutivesDavid J. LesarChief Executive Officer & DirectorJason P. WellsPresident & Chief Operating OfficerChristopher A. FosterChief Financial Officer & Executive Vice PresidentKenny ColemanChief Information Officer & Senior Vice PresidentLynne Harkel-RumfordChief Human Resources Officer & Executive VPKey CompetitorsDTE EnergyNYSE:DTEDominion EnergyNYSE:DPPLNYSE:PPLFortisNYSE:FTSEntergyNYSE:ETRView All CompetitorsInsiders & InstitutionsProShare Advisors LLCBought 91,040 shares on 5/26/2023Ownership: 0.032%Brandywine Global Investment Management LLCBought 200,650 shares on 5/25/2023Ownership: 0.032%Toroso Investments LLCSold 1,412 shares on 5/23/2023Ownership: 0.006%Ameriprise Financial Inc.Sold 734 shares on 5/22/2023Ownership: 0.040%JPMorgan Chase & Co.Sold 3,343,338 shares on 5/18/2023Ownership: 1.137%View All Insider TransactionsView All Institutional Transactions CNP Stock - Frequently Asked Questions Should I buy or sell CenterPoint Energy stock right now? 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CenterPoint Energy in the last year. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street equities 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? 7 brokers have issued 12 month price targets for CenterPoint Energy's shares. Their CNP share price forecasts range from $30.00 to $35.00. On average, they predict the company's stock price to reach $32.75 in the next year. This suggests a possible upside of 16.1% 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 start of the year. Since then, CNP stock has decreased by 5.9% and is now trading at $28.21. View the best growth stocks for 2023 here. Are investors shorting CenterPoint Energy? CenterPoint Energy saw a decline in short interest in May. As of May 15th, there was short interest totaling 7,510,000 shares, a decline of 8.7% from the April 30th total of 8,230,000 shares. Based on an average daily trading volume, of 3,900,000 shares, the short-interest ratio is currently 1.9 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 Tuesday, August 1st 2023. View our CNP earnings forecast. How were CenterPoint Energy's earnings last quarter? CenterPoint Energy, Inc. (NYSE:CNP) issued its quarterly earnings results on Thursday, April, 27th. The utilities provider reported $0.50 earnings per share for the quarter, topping analysts' consensus estimates of $0.48 by $0.02. The utilities provider earned $2.78 billion during the quarter, compared to analyst estimates of $2.79 billion. CenterPoint Energy had a net margin of 8.99% and a trailing twelve-month return on equity of 9.97%. During the same quarter in the previous year, the company earned $0.47 EPS. Read the conference call transcript. How often does CenterPoint Energy pay dividends? What is the dividend yield for CenterPoint Energy? CenterPoint Energy declared a quarterly dividend on Thursday, April 20th. Shareholders of record on Thursday, May 18th will be given a dividend of $0.19 per share on Thursday, June 8th. This represents a $0.76 dividend on an annualized basis and a yield of 2.69%. The ex-dividend date is Wednesday, May 17th. 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 Invesco S&P 500 Equal Weight Utilities ETF (RYU), BTD Capital Fund (DIP), Invesco Real Assets ESG ETF (IVRA), First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL), First Trust Utilities AlphaDEX Fund (FXU), Invesco DWA Utilities Momentum ETF (PUI), Nuveen ESG Mid-Cap Value ETF (NUMV) and Neuberger Berman Carbon Transition & Infrastructure ETF (NBCT). Is CenterPoint Energy a good dividend stock? CenterPoint Energy (NYSE:CNP) pays an annual dividend of $0.76 per share and currently has a dividend yield of 2.68%. 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 60.32%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CNP will have a dividend payout ratio of 47.20% 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 issued an update on its FY 2023 earnings guidance on Thursday, April, 27th. The company provided earnings per share guidance of $1.48-$1.50 for the period, compared to the consensus earnings per share 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 number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.20%), State Street Corp (5.24%), Boston Partners (3.96%), Deutsche Bank AG (3.49%), Geode Capital Management LLC (2.06%) and Pictet Asset Management SA (1.54%). Insiders that own company stock include Barry T Smitherman, David J Lesar, Jason P Wells, Leslie D Biddle 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 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 $28.21. How much money does CenterPoint Energy make? CenterPoint Energy (NYSE:CNP) has a market capitalization of $17.80 billion and generates $9.32 billion in revenue each year. The utilities provider earns $1.06 billion in net income (profit) each year or $1.26 on an earnings per share basis. How many employees does CenterPoint Energy have? The company employs 8,986 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 6/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.