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

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$31.40 +0.18 (+0.58 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$31.22
Today's Range$31.08 - $31.42
52-Week Range$24.81 - $31.42
Volume3.04 million shs
Average Volume4.95 million shs
Market Capitalization$15.74 billion
P/E Ratio22.92
Dividend Yield3.68%
Beta0.47
CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company's Electric Transmission & Distribution segment offers electric transmission and distribution services to retail electric providers, municipalities, electric cooperatives, and other distribution companies. As of December 31, 2017, this segment owned 28,883 pole miles of overhead distribution lines and 24,662 circuit miles of underground distribution lines; and 235 substations with a transformer capacity of 64,924 megavolt amperes, as well as operated 14 regional service centers. Its Natural Gas Distribution segment sells regulated intrastate natural gas; provides natural gas transportation and storage services for residential, commercial, industrial, and transportation customers; and offers unregulated services comprising residential appliance repair and maintenance services. As of December 31, 2017, this segment owned approximately 75,000 linear miles of natural gas distribution mains. The company's Energy Services segment provides physical natural gas supplies primarily to commercial and industrial customers, and electric and natural gas utilities; natural gas management services; and physical delivery services, as well as procures and optimizes transportation and storage assets. This segment owns and operates approximately 200 miles of intrastate pipelines; and leases transportation capacity on various interstate and intrastate pipelines, and storage. Its Midstream Investments segment offers natural gas and crude oil gathering, and natural gas processing services to its producer 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. The company was founded in 1882 and is based in Houston, Texas.

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Industry, Sector and Symbol

Industry Electric services
Sub-IndustryMulti-Utilities
SectorUtilities
CUSIP15189T10
Phone713-207-1111

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$9.61 billion
Cash Flow$3.8861 per share
Book Value$10.88 per share

Profitability

Net Income$1.79 billion

Miscellaneous

Employees7,977
Market Cap$15.74 billion
Next Earnings Date2/28/2019 (Confirmed)
OptionableOptionable

CenterPoint Energy (NYSE:CNP) Frequently Asked Questions

What is CenterPoint Energy's stock symbol?

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

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

CenterPoint Energy declared a quarterly dividend on Wednesday, December 12th. Investors of record on Thursday, February 21st will be given a dividend of $0.2875 per share on Thursday, March 14th. This represents a $1.15 dividend on an annualized basis and a dividend yield of 3.66%. The ex-dividend date is Wednesday, February 20th. This is a boost from CenterPoint Energy's previous quarterly dividend of $0.28. View CenterPoint Energy's Dividend History.

How were CenterPoint Energy's earnings last quarter?

CenterPoint Energy, Inc. (NYSE:CNP) released its quarterly earnings results on Friday, August, 3rd. The utilities provider reported $0.30 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.32 by $0.02. The utilities provider had revenue of $2.19 billion for the quarter, compared to analyst estimates of $2.16 billion. CenterPoint Energy had a net margin of 15.15% and a return on equity of 14.40%. The business's revenue was up 2.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.29 earnings per share. View CenterPoint Energy's Earnings History.

When is CenterPoint Energy's next earnings date?

CenterPoint Energy is scheduled to release their next quarterly earnings announcement on Thursday, February 28th 2019. View Earnings Estimates for CenterPoint Energy.

What price target have analysts set for CNP?

11 analysts have issued twelve-month price targets for CenterPoint Energy's shares. Their forecasts range from $25.00 to $34.00. On average, they expect CenterPoint Energy's share price to reach $30.20 in the next year. This suggests that the stock has a possible downside of 3.8%. View Analyst Price Targets for CenterPoint Energy.

What is the consensus analysts' recommendation for CenterPoint Energy?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CenterPoint Energy in the last year. There are currently 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CenterPoint Energy.

Has CenterPoint Energy been receiving favorable news coverage?

Media coverage about CNP stock has been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news 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 nearest to five being the most favorable. CenterPoint Energy earned a news sentiment score of 1.7 on InfoTrie's scale. They also gave news stories about the utilities provider a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

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), Boeing (BA), AbbVie (ABBV), Bank of America (BAC), General Electric (GE), Cisco Systems (CSCO), American Electric Power (AEP), Ford Motor (F) and Mcdonald's (MCD).

Who are CenterPoint Energy's key executives?

CenterPoint Energy's management team includes the folowing people:
  • Mr. Milton Carroll, Exec. Chairman (Age 68)
  • Mr. Scott M. Prochazka, Pres, CEO & Non-Independent Director (Age 52)
  • Mr. William D. Rogers, Exec. VP & CFO (Age 58)
  • Ms. Dana C. O'Brien, Sr. VP & Gen. Counsel (Age 50)
  • Mr. Tracy B. Bridge, Exec. VP & Pres of Electric Division (Age 59)

Who are CenterPoint Energy's major shareholders?

CenterPoint Energy's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.00%), Millennium Management LLC (1.71%), Massachusetts Financial Services Co. MA (1.55%), Geode Capital Management LLC (1.42%), Northern Trust Corp (1.26%) and Bank of New York Mellon Corp (0.96%). Company insiders that own CenterPoint Energy stock include Milton Carroll, Scott M Prochazka and Ted Pound. View Institutional Ownership Trends for CenterPoint Energy.

Which major investors are selling CenterPoint Energy stock?

CNP stock was sold by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, Millennium Management LLC, KBC Group NV, Bank of America Corp DE, CIBC Private Wealth Group LLC, GSA Capital Partners LLP, LSV Asset Management and Korea Investment CORP. Company insiders that have sold CenterPoint Energy company stock in the last year include Milton Carroll, Scott M Prochazka and Ted Pound. View Insider Buying and Selling for CenterPoint Energy.

Which major investors are buying CenterPoint Energy stock?

CNP stock was acquired by a variety of institutional investors in the last quarter, including Zimmer Partners LP, Two Sigma Advisers LP, Oregon Public Employees Retirement Fund, Massachusetts Financial Services Co. MA, BlackRock Inc., Strs Ohio, Northern Trust Corp and D. E. Shaw & Co. Inc.. View Insider Buying and Selling for CenterPoint Energy.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is CenterPoint Energy's stock price today?

One share of CNP stock can currently be purchased for approximately $31.40.

How big of a company is CenterPoint Energy?

CenterPoint Energy has a market capitalization of $15.74 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.

What is CenterPoint Energy's official website?

The official website for CenterPoint Energy is http://www.centerpointenergy.com.

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.


MarketBeat Community Rating for CenterPoint Energy (NYSE CNP)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  299 (Vote Outperform)
Underperform Votes:  463 (Vote Underperform)
Total Votes:  762
MarketBeat's community ratings are surveys of what our community members think about CenterPoint Energy and other stocks. Vote "Outperform" if you believe CNP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CNP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/22/2019 by MarketBeat.com Staff

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