NYSE:CNP - CenterPoint Energy Stock Price, Price Target & More

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

CenterPoint Energy announced a quarterly dividend on Thursday, April 26th. Investors of record on Thursday, May 17th will be given a dividend of $0.2775 per share on Thursday, June 14th. This represents a $1.11 annualized dividend and a dividend yield of 4.28%. The ex-dividend date of this dividend is Wednesday, May 16th. View CenterPoint Energy's Dividend History.

CenterPoint Energy, Inc. (NYSE:CNP) issued its earnings results on Friday, May, 4th. The utilities provider reported $0.55 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.44 by $0.11. The utilities provider had revenue of $3.16 billion for the quarter, compared to analyst estimates of $2.69 billion. CenterPoint Energy had a return on equity of 16.22% and a net margin of 17.59%. The firm's revenue for the quarter was up 15.4% compared to the same quarter last year. During the same period last year, the firm posted $0.37 EPS. View CenterPoint Energy's Earnings History.

CenterPoint Energy is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for CenterPoint Energy.

CenterPoint Energy issued an update on its FY18 earnings guidance on Friday, May, 4th. The company provided earnings per share (EPS) guidance of $1.50-1.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.56.

8 brokerages have issued twelve-month target prices for CenterPoint Energy's shares. Their predictions range from $25.00 to $30.00. On average, they expect CenterPoint Energy's stock price to reach $27.8571 in the next twelve months. View Analyst Ratings for CenterPoint Energy.

CenterPoint Energy saw a increase in short interest in the month of May. As of May 15th, there was short interest totalling 14,749,705 shares, an increase of 25.4% from the April 30th total of 11,764,882 shares. Based on an average daily trading volume, of 6,317,262 shares, the days-to-cover ratio is presently 2.3 days. Approximately 3.6% of the shares of the company are sold short.

Some companies that are related to CenterPoint Energy include Dominion Energy (D), American Electric Power (AEP), CLP (CLPHY), Korea Electric Power (KEP), Tenaga Nasional Bhd (TNABY), Edison International (EIX), PPL (PPL), SSE PLC/S (SSEZY), DTE Energy (DTE), Eversource Energy (ES), FirstEnergy (FE), Avangrid (AGR), EDP-Energias de Portugal, S.A (EDPFY), Entergy (ETR) and Fortis (FTS).

News headlines about CNP stock have trended positive this week, Accern reports. Accern rates the sentiment of media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. CenterPoint Energy earned a daily sentiment score of 0.26 on Accern's scale. They also gave news coverage about the utilities provider an impact score of 47.13 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

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, Scottrade, Fidelity and Charles Schwab.

One share of CNP stock can currently be purchased for approximately $25.96.

CenterPoint Energy has a market capitalization of $11.17 billion and generates $9.61 billion in revenue each year. The utilities provider earns $1.79 billion in net income (profit) each year or $1.37 on an earnings per share basis. CenterPoint Energy employs 7,977 workers across the globe.

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