NYSE:CNPCenterPoint Energy Stock Price, Forecast & News

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 7.3% and is now trading at $18.95. View which stocks have been most impacted by Coronavirus.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CenterPoint Energy in the last year. There are currently 2 sell ratings, 9 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for CenterPoint Energy.

CenterPoint Energy is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for CenterPoint Energy.

CenterPoint Energy will be holding an earnings conference call on Thursday, August 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.

CenterPoint Energy, Inc. (NYSE:CNP) released its earnings results on Thursday, May, 7th. The utilities provider reported $0.65 EPS for the quarter, beating the consensus estimate of $0.43 by $0.22. The utilities provider had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.41 billion. CenterPoint Energy had a negative net margin of 5.28% and a positive return on equity of 15.75%. The company's revenue for the quarter was down 2.8% compared to the same quarter last year. During the same period last year, the firm earned $0.46 EPS. View CenterPoint Energy's earnings history.

CenterPoint Energy declared a quarterly dividend on Friday, April 24th. Investors of record on Thursday, May 21st will be paid a dividend of $0.15 per share on Thursday, June 11th. This represents a $0.60 annualized dividend and a dividend yield of 3.17%. The ex-dividend date of this dividend is Wednesday, May 20th. View CenterPoint Energy's dividend history.

18 Wall Street analysts have issued 12 month price targets for CenterPoint Energy's shares. Their forecasts range from $15.00 to $32.00. On average, they anticipate CenterPoint Energy's share price to reach $20.94 in the next twelve months. This suggests a possible upside of 10.5% from the stock's current price. View analysts' price targets for CenterPoint Energy.

News headlines about CNP stock have been trending somewhat negative on Saturday, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. CenterPoint Energy earned a media sentiment score of -1.8 on InfoTrie's scale. They also gave news coverage about the utilities provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news about CenterPoint Energy.

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

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), Cisco Systems (CSCO), Pfizer (PFE), IBM (IBM), Altria Group (MO) and CVS Health (CVS).

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

CenterPoint Energy's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.18%), Envestnet Asset Management Inc. (0.04%), DNB Asset Management AS (0.02%), Richard P Slaughter Associates Inc (0.01%), Old Port Advisors (0.01%) and Gradient Investments LLC (0.00%). Company insiders that own CenterPoint Energy stock include David J Lesar, Joseph John Vortherms, Milton Carroll and Scott M Prochazka. View institutional ownership trends for CenterPoint Energy.

CNP stock was sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Envestnet Asset Management Inc., DNB Asset Management AS, and Gradient Investments LLC. View insider buying and selling activity for CenterPoint Energy.

CNP stock was purchased by a variety of institutional investors in the last quarter, including Richard P Slaughter Associates Inc, and Old Port Advisors. View insider buying and selling activity 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 $18.95.

CenterPoint Energy has a market capitalization of $10.32 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. CenterPoint Energy employs 14,262 workers across the globe.

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

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