S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
NYSE:CNP

CenterPoint Energy (CNP) Stock Forecast, Price & News

$30.58
-0.08 (-0.26%)
(As of 05/20/2022 12:00 AM ET)
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Today's Range
$30.23
$30.76
50-Day Range
$28.87
$32.75
52-Week Range
$24.23
$33.00
Volume
4.11 million shs
Average Volume
5.35 million shs
Market Capitalization
$19.25 billion
P/E Ratio
12.13
Dividend Yield
2.22%
Beta
0.88
30 days | 90 days | 365 days | Advanced Chart
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CenterPoint Energy logo

About CenterPoint Energy

CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company operates through Electric and Natural Gas 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 Arkansas, Indiana, Mississippi, Ohio, Oklahoma, and Texas and Louisiana through a third party. This segment also engages in the sale of regulated intrastate natural gas, and transportation and storage of natural gas for residential, commercial, industrial, and transportation customers. As of December 31, 2021, it served approximately 2.7 million metered customers; owned 239 substation sites with a total installed rated transformer capacity of 71,241 megavolt amperes; operated approximately 1,00,000 linear miles of natural gas distribution and transmission mains; and owned and operated 285 miles of intrastate pipeline in Louisiana, Texas, and Oklahoma. The company was founded in 1866 and is headquartered in Houston, Texas.

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Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
Multi-Utilities
Sector
Utilities
CUSIP
15189T10
Employees
9,418
Year Founded
1866

Sales & Book Value

Annual Sales
$8.35 billion
Cash Flow
$3.68 per share
Book Value
$14.55 per share

Profitability

Net Income
$1.49 billion
Pretax Margin
13.76%

Debt

Price-To-Earnings

Miscellaneous

Free Float
628,882,000
Market Cap
$19.25 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 3/10 Dividend
2/16/2022
Dividend Payable
3/10/2022
Last Earnings
5/03/2022
Ex-Dividend for 6/9 Dividend
5/18/2022
Today
5/22/2022
Dividend Payable
6/09/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

2.46 out of 5 stars

Utilities Sector

29th out of 119 stocks

Electric Services Industry

11th out of 56 stocks

Analyst Opinion: 2.4Community Rank: 3.9Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -













CenterPoint Energy (NYSE:CNP) Frequently Asked Questions

Is CenterPoint Energy a buy right now?

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CenterPoint Energy in the last twelve months. There are currently 3 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CenterPoint Energy stock.
View analyst ratings for CenterPoint Energy
or view top-rated stocks.

Are investors shorting CenterPoint Energy?

CenterPoint Energy saw a decline in short interest during the month of April. As of April 15th, there was short interest totaling 10,220,000 shares, a decline of 20.1% from the March 31st total of 12,790,000 shares. Based on an average daily trading volume, of 5,070,000 shares, the short-interest ratio is presently 2.0 days.
View CenterPoint Energy's Short Interest
.

When is CenterPoint Energy's next earnings date?

CenterPoint Energy is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for CenterPoint Energy
.

How were CenterPoint Energy's earnings last quarter?

CenterPoint Energy, Inc. (NYSE:CNP) announced its quarterly earnings results on Tuesday, May, 3rd. The utilities provider reported $0.47 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.48 by $0.01. The utilities provider had revenue of $2.76 billion for the quarter, compared to analyst estimates of $2.55 billion. CenterPoint Energy had a trailing twelve-month return on equity of 12.10% and a net margin of 19.30%. During the same quarter in the prior year, the company posted $0.59 EPS.
View CenterPoint Energy's earnings history
.

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

CenterPoint Energy declared a quarterly dividend on Friday, April 22nd. Investors of record on Thursday, May 19th will be paid a dividend of $0.17 per share on Thursday, June 9th. This represents a $0.68 annualized dividend and a dividend yield of 2.22%. The ex-dividend date of this dividend is Wednesday, May 18th.
View CenterPoint Energy's dividend history
.

Is CenterPoint Energy a good dividend stock?

CenterPoint Energy pays an annual dividend of $0.68 per share and currently has a dividend yield of 2.22%. CenterPoint Energy does not yet have a strong track record of dividend growth. The dividend payout ratio of CenterPoint Energy is 26.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CenterPoint Energy will have a dividend payout ratio of 45.64% next year. This indicates that CenterPoint Energy will be able to sustain or increase its dividend.
View CenterPoint Energy's dividend history.

What guidance has CenterPoint Energy issued on next quarter's earnings?

CenterPoint Energy issued an update on its FY 2022 earnings guidance on Tuesday, May, 10th. The company provided earnings per share (EPS) guidance of $1.36-$1.38 for the period, compared to the consensus earnings per share estimate of $1.37. The company issued revenue guidance of -.

What price target have analysts set for CNP?

14 brokers have issued 1 year price targets for CenterPoint Energy's shares. Their forecasts range from $26.00 to $36.00. On average, they expect CenterPoint Energy's stock price to reach $31.23 in the next year. This suggests a possible upside of 2.1% from the stock's current price.
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. David John Lesar B.Sc., C.P.A., CPA, M.B.A., Pres, CEO & Director (Age 68, Pay $4.45M)
  • Mr. Jason P. Wells, Exec. VP & CFO (Age 44, Pay $1.58M) (LinkedIn Profile)
  • Ms. Monica Karuturi, Exec. VP & Gen. Counsel (Age 43, Pay $1.05M)
  • Mr. Scott Edward Doyle, Exec. VP of Utility Operations (Age 50, Pay $1.02M)
  • Ms. Stacey Lynn Peterson, Sr. VP & Chief Accounting Officer
  • Mr. Kenneth E. Coleman, Sr. VP & Chief Information Officer
  • Jackie Richert, VP of Investor Relations & Treasurer
  • Ms. Carol R. Helliker, Chief Ethics & Compliance Officer, Sr. VP & Deputy Gen. Counsel (Age 61)
  • Ms. Lynne Louise Harkel-Rumford, Exec. VP & Chief HR Officer (Age 65)
  • John C. Houston, Division Sr. VP of Compliance & High Voltage Power Delivery (Age 71)
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.

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 many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.68%), BlackRock Inc. (9.00%), Capital International Investors (7.53%), State Street Corp (5.29%), Capital Research Global Investors (4.62%) and Boston Partners (3.74%). Company insiders that own CenterPoint Energy stock include Barry T Smitherman, David J Lesar, Jason P Wells and Leslie D Biddle.
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 BlackRock Inc., JPMorgan Chase & Co., Royal Bank of Canada, Massachusetts Financial Services Co. MA, Wellington Management Group LLP, Morningstar Investment Services LLC, Scout Investments Inc., and Thompson Siegel & Walmsley LLC.
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 acquired by a variety of institutional investors in the last quarter, including Invesco Ltd., State Street Corp, Capital Research Global Investors, Ceredex Value Advisors LLC, Vanguard Group Inc., Capital International Investors, Cohen & Steers Inc., and Leeward Investments LLC MA. Company insiders that have bought CenterPoint Energy stock in the last two years include David J Lesar, and Jason P Wells.
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 $30.58.

How much money does CenterPoint Energy make?

CenterPoint Energy has a market capitalization of $19.25 billion and generates $8.35 billion in revenue each year. The utilities provider earns $1.49 billion in net income (profit) each year or $2.519990 on an earnings per share basis.

How many employees does CenterPoint Energy have?

CenterPoint Energy employs 9,418 workers across the globe.

Does CenterPoint Energy have any subsidiaries?

The following companies are subsidiares of CenterPoint Energy: Asgard Energy, CenterPoint Energy Houston Electric LLC, CenterPoint Energy Investment Management Inc., CenterPoint Energy Midstream Inc., CenterPoint Energy Resources Corp., Continuum Energy, Indiana Gas Company Inc, Southern Indiana Gas and Electric Company, Utility Holding LLC, Vectren Corporation, Vectren Energy Delivery of Ohio Inc., and Vectren Utility Holdings Inc..

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.

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 or via fax at 713-207-3169.

This page was last updated on 5/23/2022 by MarketBeat.com Staff

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