NYSE:CNP

CenterPoint Energy Stock Forecast, Price & News

$23.24
+0.01 (+0.04 %)
(As of 04/9/2021 12:00 AM ET)
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Today's Range
$23.13
Now: $23.24
$23.41
50-Day Range
$19.44
MA: $21.57
$23.36
52-Week Range
$15.18
Now: $23.24
$25.39
Volume5.56 million shs
Average Volume4.64 million shs
Market Capitalization$12.82 billion
P/E RatioN/A
Dividend Yield2.76%
Beta0.95
CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company operates through Electric, Natural Gas, and Midstream Investments segments. The Electric segment includes electric transmission and distribution services to electric customers and electric generation assets, as well as assets in the wholesale power market. The Natural Gas segment provides natural gas distribution services, as well as home appliance maintenance and repair services to customers in Minnesota; and home repair protection plans to natural gas customers in Texas and Louisiana through a third party. This segment also sells regulated intrastate natural gas, as well as natural gas transportation and storage services for residential, commercial, industrial, and transportation customers. The Midstream Investments segment provides natural gas and crude oil gathering, and natural gas processing services to its producer customers, as well as crude oil, condensate, and produced water gathering services to its producer and refiner 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. As of December 31, 2020, it served approximately 2.6 million metered customers; owned 239 substation sites with a total installed rated transformer capacity of 69,915 megavolt amperes; operated approximately 99,000 linear miles of natural gas distribution mains, as well as 77,000 linear miles of natural gas transmission mains; and owned and operated 264 miles of intrastate pipeline in Louisiana, Texas, and Oklahoma. CenterPoint Energy, Inc. was founded in 1866 and is headquartered in Houston, Texas.
CenterPoint Energy logo

Industry, Sector and Symbol

Industry Electric services
Sub-IndustryMulti-Utilities
SectorUtilities
CUSIP15189T10
Phone713-207-1111
Employees9,541
Year Founded1866

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$12.30 billion
Cash Flow$4.82 per share
Book Value$13.18 per share

Profitability

Net Income$791 million

Miscellaneous

Market Cap$12.82 billion
Next Earnings Date5/6/2021 (Confirmed)
OptionableOptionable

Headlines

CenterPoint Energy: Why This Utility Is A Good Buy
April 9, 2021 |  seekingalpha.com
CenterPoint Energy (NYSE:CNP) Stock Price Up 3.8%
March 29, 2021 |  americanbankingnews.com
CNP Mar 2021 21.500 call
March 25, 2021 |  au.finance.yahoo.com
CNP Mar 2021 19.000 call
March 8, 2021 |  au.finance.yahoo.com
CNP April 23rd Options Begin Trading
March 5, 2021 |  nasdaq.com
See More Headlines

MarketRank

Overall MarketRank

1.73 out of 5 stars

Utilities Sector

62nd out of 278 stocks

Electric Services Industry

23rd out of 78 stocks

Analyst Opinion: 1.2Community Rank: 2.0Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
$23.24
+0.01 (+0.04 %)
(As of 04/9/2021 12:00 AM ET)
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CenterPoint Energy (NYSE:CNP) Frequently Asked Questions

Is CenterPoint Energy a buy right now?

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CenterPoint Energy in the last year. There are currently 7 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CenterPoint Energy stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CNP, but not buy additional shares or sell existing shares.
View analyst ratings for CenterPoint Energy
or view top-rated stocks.

What stocks does MarketBeat like better than CenterPoint Energy?

Wall Street analysts have given CenterPoint Energy a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but CenterPoint Energy wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is CenterPoint Energy's next earnings date?

CenterPoint Energy is scheduled to release its next quarterly earnings announcement on Thursday, May 6th 2021.
View our earnings forecast for CenterPoint Energy
.

How can I listen to CenterPoint Energy's earnings call?

CenterPoint Energy will be holding an earnings conference call on Thursday, May 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were CenterPoint Energy's earnings last quarter?

CenterPoint Energy, Inc. (NYSE:CNP) released its quarterly earnings results on Thursday, February, 25th. The utilities provider reported $0.29 earnings per share for the quarter, topping analysts' consensus estimates of $0.20 by $0.09. The utilities provider had revenue of $2.05 billion for the quarter, compared to analyst estimates of $2.01 billion. CenterPoint Energy had a positive trailing twelve-month return on equity of 14.78% and a negative net margin of 9.49%. The business's revenue for the quarter was up 1.7% on a year-over-year basis. During the same period last year, the business earned $0.45 earnings per share.
View CenterPoint Energy's earnings history
.

How has CenterPoint Energy's stock price been impacted by Coronavirus (COVID-19)?

CenterPoint Energy's stock was trading at $17.66 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CNP stock has increased by 31.6% and is now trading at $23.24.
View which stocks have been most impacted by COVID-19
.

How often does CenterPoint Energy pay dividends? What is the dividend yield for CenterPoint Energy?

CenterPoint Energy declared a quarterly dividend on Thursday, December 10th. Investors of record on Thursday, February 18th will be paid a dividend of $0.16 per share on Thursday, March 11th. This represents a $0.64 annualized dividend and a yield of 2.75%. The ex-dividend date is Wednesday, February 17th. This is a positive change from CenterPoint Energy's previous quarterly dividend of $0.15.
View CenterPoint Energy's dividend history
.

Is CenterPoint Energy a good dividend stock?

CenterPoint Energy pays an annual dividend of $0.64 per share and currently has a dividend yield of 2.76%. CenterPoint Energy does not yet have a strock track record of dividend growth. The dividend payout ratio of CenterPoint Energy is 35.75%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CenterPoint Energy will have a dividend payout ratio of 45.07% next year. This indicates that CenterPoint Energy will be able to sustain or increase its dividend.
View CenterPoint Energy's dividend history.

What price target have analysts set for CNP?

13 brokerages have issued 1-year price targets for CenterPoint Energy's stock. Their forecasts range from $16.00 to $27.00. On average, they expect CenterPoint Energy's stock price to reach $22.00 in the next year. This suggests that the stock has a possible downside of 5.3%.
View analysts' price targets for CenterPoint Energy
or view top-rated stocks among Wall Street analysts.

Who are CenterPoint Energy's key executives?

CenterPoint Energy's management team includes the following people:
  • Mr. Milton Carroll, Exec. Chairman (Age 71, Pay $2.19M)
  • Mr. David John Lesar CPA, Pres, CEO & Director (Age 67, Pay $4.45M)
  • Mr. Jason P. Wells, Exec. VP & CFO (Age 43, Pay $1.51M) (LinkedIn Profile)
  • Ms. Kristie L. Colvin, Sr. VP & Chief Accounting Officer (Age 57, Pay $931.3k)
  • Mr. Scott Edward Doyle, Exec. VP of Natural Gas (Age 49, Pay $1.01M) (LinkedIn Profile)
  • Mr. Gregory E. Knight, Exec. VP of Customer Transformation & Bus. Services (Age 53, Pay $934.87k) (LinkedIn Profile)
  • Mr. Kenneth E. Coleman, Sr. VP & Chief Information Officer
  • Mr. Philip Holder, Sr. VP of Strategic Planning & Investor Relations
  • Ms. Carol R. Helliker, Chief Ethics & Compliance Officer, Sr. VP & Deputy Gen. Counsel (Age 60)
  • Ms. Monica Karuturi, Sr. VP & Gen. Counsel (Age 42) (LinkedIn Profile)

What is David J. Lesar's approval rating as CenterPoint Energy's CEO?

9 employees have rated CenterPoint Energy CEO David J. Lesar on Glassdoor.com. David J. Lesar has an approval rating of 100% among CenterPoint Energy's employees. This puts David J. Lesar in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of CenterPoint Energy's key competitors?

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 Scout Investments Inc. (0.18%), State of Alaska Department of Revenue (0.02%), Old Port Advisors (0.01%) and Fulton Bank N.A. (0.00%). Company insiders that own CenterPoint Energy stock include David J Lesar, Leslie D Biddle, Milton Carroll and Scott M Prochazka.
View institutional ownership trends for CenterPoint Energy
.

Which institutional investors are selling CenterPoint Energy stock?

CNP stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc., State of Alaska Department of Revenue, and Old Port Advisors.
View insider buying and selling activity for CenterPoint Energy
or view top insider-selling stocks.

Which institutional investors are buying CenterPoint Energy stock?

CNP stock was bought by a variety of institutional investors in the last quarter, including Fulton Bank N.A..
View insider buying and selling activity for CenterPoint Energy
or or view top insider-buying stocks.

How do I buy shares of 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 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 $23.24.

How much money does CenterPoint Energy make?

CenterPoint Energy has a market capitalization of $12.82 billion and generates $12.30 billion in revenue each year. The utilities provider earns $791 million in net income (profit) each year or $1.79 on an earnings per share basis.

How many employees does CenterPoint Energy have?

CenterPoint Energy employs 9,541 workers across the globe.

When was CenterPoint Energy founded?

CenterPoint Energy was founded in 1866.

What is CenterPoint Energy's official website?

The official website for CenterPoint Energy is www.centerpointenergy.com.

Where are CenterPoint Energy's headquarters?

CenterPoint Energy is headquartered at 1111 Louisiana Street, Houston TX, 77002.

How can I contact CenterPoint Energy?

CenterPoint Energy's mailing address is 1111 Louisiana Street, Houston TX, 77002. The utilities provider can be reached via phone at 713-207-1111.


This page was last updated on 4/10/2021 by MarketBeat.com Staff
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