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

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

CenterPoint Energy announced a quarterly dividend on Thursday, October 17th. Stockholders of record on Thursday, November 21st will be paid a dividend of $0.2875 per share on Thursday, December 12th. This represents a $1.15 annualized dividend and a dividend yield of 4.35%. The ex-dividend date is Wednesday, November 20th. View CenterPoint Energy's Dividend History.

CenterPoint Energy, Inc. (NYSE:CNP) released its earnings results on Thursday, November, 7th. The utilities provider reported $0.53 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.43 by $0.10. The utilities provider earned $2.74 billion during the quarter, compared to the consensus estimate of $2.91 billion. CenterPoint Energy had a return on equity of 14.51% and a net margin of 6.23%. The firm's quarterly revenue was up 24.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.39 earnings per share. View CenterPoint Energy's Earnings History.

CenterPoint Energy is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for CenterPoint Energy.

CenterPoint Energy will be holding an earnings conference call on Thursday, February 27th 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 issued an update on its FY 2019 Pre-Market earnings guidance on Monday, November, 25th. The company provided earnings per share (EPS) guidance of $1.70-1.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.64.

14 equities research analysts have issued 12-month target prices for CenterPoint Energy's stock. Their forecasts range from $26.00 to $32.00. On average, they anticipate CenterPoint Energy's share price to reach $28.46 in the next year. This suggests a possible upside of 7.6% from the stock's current price. View Analyst Price Targets for CenterPoint Energy.

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

Headlines about CNP stock have trended somewhat positive this week, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. CenterPoint Energy earned a coverage optimism score of 2.0 on InfoTrie's scale. They also assigned media headlines about the utilities provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for CenterPoint Energy.

CenterPoint Energy saw a increase in short interest in December. As of December 31st, there was short interest totalling 19,030,000 shares, an increase of 30.3% from the December 15th total of 14,610,000 shares. Based on an average trading volume of 5,460,000 shares, the short-interest ratio is currently 3.5 days. Currently, 3.8% of the shares of the stock are sold short. View CenterPoint Energy's Current Options Chain.

Some companies that are related to CenterPoint Energy include Dominion Energy (D), Sempra Energy (SRE), Public Service Enterprise Group (PEG), WEC Energy Group (WEC), 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).

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), Hawkins (HWKN), Altria Group (MO), Exxon Mobil (XOM), Boeing (BA), IBM (IBM), Ford Motor (F) and Southern (SO).

CenterPoint Energy's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Duff & Phelps Investment Management Co. (0.81%), Strs Ohio (0.24%), New York State Teachers Retirement System (0.14%), Hennessy Advisors Inc. (0.11%), Gradient Investments LLC (0.07%) and Janney Montgomery Scott LLC (0.07%). Company insiders that own CenterPoint Energy stock include Joseph John Vortherms, Milton Carroll, Scott M Prochazka and Ted Pound. View Institutional Ownership Trends for CenterPoint Energy.

CNP stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio, James Investment Research Inc., Assenagon Asset Management S.A., State of Alaska Department of Revenue, Gateway Investment Advisers LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Hennessy Advisors Inc. and First Hawaiian Bank. Company insiders that have sold CenterPoint Energy company stock in the last year include Joseph John Vortherms, Milton Carroll and Scott M Prochazka. View Insider Buying and Selling for CenterPoint Energy.

CNP stock was purchased by a variety of institutional investors in the last quarter, including Smith Graham & Co. Investment Advisors LP, Sanders Morris Harris LLC, Janney Montgomery Scott LLC, Duff & Phelps Investment Management Co., Sumitomo Mitsui DS Asset Management Company Ltd, Gradient Investments LLC, DNB Asset Management AS and New York State Teachers Retirement System. View Insider Buying and Selling 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 $26.46.

CenterPoint Energy has a market capitalization of $13.29 billion and generates $10.59 billion in revenue each year. The utilities provider earns $368 million in net income (profit) each year or $1.60 on an earnings per share basis. CenterPoint Energy employs 7,977 workers across the globe.View Additional Information About CenterPoint Energy.

The official website for CenterPoint Energy is http://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.