About CenterPoint Energy (NYSE:CNP)
CenterPoint Energy, Inc. is a public utility holding company. The Company, through its subsidiaries, owns and operates electric transmission and distribution facilities, and natural gas distribution facilities. The Electric Transmission & Distribution segment provides electric transmission and distribution services to retail electric providers. Its Natural Gas Distribution segment offers intrastate natural gas sales to and natural gas transportation and distribution for residential, commercial and industrial customers. Its Energy Services segment includes non-rate regulated gas sales and transportation and storage services for commercial and industrial customers. Its Midstream Investments segment includes equity investment in Enable that owns, operates and develops natural gas and crude oil assets. Its Other Operations segment includes office buildings and other real estate used in its business operations and other corporate operations.
Industry, Sector and Symbol:
- Sector: Utilities
- Industry: Multiline Utilities
- Sub-Industry: Multi-Utilities
- Symbol: NYSE:CNP
- CUSIP: 15189T10
- Web: www.centerpointenergy.com
- Market Cap: $12.8 billion
- Outstanding Shares: 431,024,000
- 50 Day Moving Avg: $29.53
- 200 Day Moving Avg: $28.55
- 52 Week Range: $21.91 - $30.45
Sales & Book Value:
- Trailing P/E Ratio: 21.21
- Foreward P/E Ratio: 20.92
- P/E Growth: 3.02
- Annual Revenue: $8.85 billion
- Price / Sales: 1.45
- Book Value: $8.27 per share
- Price / Book: 3.59
- Annual Dividend: $1.07
- Dividend Yield: 3.6%
- EBITDA: $2.08 billion
- Net Margins: 6.86%
- Return on Equity: 16.45%
- Return on Assets: 2.65%
- Debt-to-Equity Ratio: 2.13%
- Current Ratio: 0.94%
- Quick Ratio: 0.81%
- Average Volume: 2.80 million shs.
- Beta: 0.62
- Short Ratio: 2.73
Frequently Asked Questions for CenterPoint Energy (NYSE:CNP)
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 announced a quarterly dividend on Thursday, July 27th. Investors of record on Wednesday, August 16th will be paid a dividend of $0.2675 per share on Friday, September 8th. This represents a $1.07 dividend on an annualized basis and a yield of 3.60%. The ex-dividend date of this dividend is Monday, August 14th. View CenterPoint Energy's Dividend History.
How were CenterPoint Energy's earnings last quarter?
CenterPoint Energy, Inc. (NYSE:CNP) issued its quarterly earnings results on Thursday, August, 3rd. The company reported $0.29 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.22 by $0.07. The firm earned $2.14 billion during the quarter, compared to the consensus estimate of $1.98 billion. CenterPoint Energy had a net margin of 6.86% and a return on equity of 16.45%. The business's revenue was up 36.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.17 EPS. View CenterPoint Energy's Earnings History.
When will CenterPoint Energy make its next earnings announcement?
What guidance has CenterPoint Energy issued on next quarter's earnings?
CenterPoint Energy issued an update on its FY17 earnings guidance on Thursday, August, 3rd. The company provided earnings per share (EPS) guidance of $1.25-1.33 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.31.
Where is CenterPoint Energy's stock going? Where will CenterPoint Energy's stock price be in 2017?
7 analysts have issued 12 month target prices for CenterPoint Energy's shares. Their predictions range from $25.00 to $30.00. On average, they anticipate CenterPoint Energy's stock price to reach $28.57 in the next year. View Analyst Ratings for CenterPoint Energy.
Are investors shorting CenterPoint Energy?
CenterPoint Energy saw a decrease in short interest in the month of September. As of September 15th, there was short interest totalling 10,165,671 shares, a decrease of 27.8% from the August 31st total of 14,073,575 shares. Based on an average daily volume of 3,262,006 shares, the days-to-cover ratio is currently 3.1 days. Currently, 2.5% of the shares of the company are short sold.
Who are some of CenterPoint Energy's key competitors?
Some companies that are related to CenterPoint Energy include Ameren Corporation (AEE), Avangrid (AGR), CMS Energy Corporation (CMS), Centrica PLC (CNA), NiSource (NI), MDU Resources Group (MDU), Black Hills Corporation (BKH), Avista Corporation (AVA), Pennon Group plc (PNN), Telecom plus PLC (TEP), Empire District Electric Co (EDE) and Wec Acquisition Corp (TEG).
Who are CenterPoint Energy's key executives?
CenterPoint Energy's management team includes the folowing people:
- Milton S. Carroll, Executive Chairman of the Board
- Scott M. Prochazka, President, Chief Executive Officer, Director
- William D. Rogers, Chief Financial Officer, Executive Vice President
- Sue B. Ortenstone, Chief Human Resource Officer, Senior Vice President
- Tracy B. Bridge, Executive Vice President and President - Electric Division
- Dana C. O'Brien, Senior Vice President, General Counsel, Corporate Secretary
- Michael P. Johnson Sr., Independent Director
- Janiece M. Longoria, Independent Director
- Scott J. McLean, Independent Director
- Theodore F. Pound III, Independent Director
Who owns CenterPoint Energy stock?
CenterPoint Energy's stock is owned by many different of retail and institutional investors. Top institutional investors include APG Asset Management N.V. (1.67%), Robeco Institutional Asset Management B.V. (0.57%), PGGM Investments (0.39%), Viking Fund Management LLC (0.08%), Sanders Morris Harris LLC (0.06%) and Meeder Asset Management Inc. (0.04%). Company insiders that own CenterPoint Energy stock include Janiece M Longoria, Joseph B Mcgoldrick and Scott M Prochazka. View Institutional Ownership Trends for CenterPoint Energy.
Who sold CenterPoint Energy stock? Who is selling CenterPoint Energy stock?
CenterPoint Energy's stock was sold by a variety of institutional investors in the last quarter, including Viking Fund Management LLC, Meeder Asset Management Inc., Sanders Morris Harris LLC, Quotient Investors LLC, State Treasurer State of Michigan, Private Asset Management Inc. and LS Investment Advisors LLC. View Insider Buying and Selling for CenterPoint Energy.
Who bought CenterPoint Energy stock? Who is buying CenterPoint Energy stock?
CenterPoint Energy's stock was bought by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Robeco Institutional Asset Management B.V., Shell Asset Management Co., Wealth Enhancement Advisory Services LLC, PGGM Investments, Assenagon Asset Management S.A., Foster & Motley Inc. and CAPROCK Group Inc.. View Insider Buying and Selling for CenterPoint Energy.
How do I buy CenterPoint Energy stock?
Shares of CenterPoint Energy can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is CenterPoint Energy's stock price today?
MarketBeat Community Rating for CenterPoint Energy (NYSE CNP)MarketBeat's community ratings are surveys of what our community members think about CenterPoint Energy and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of CenterPoint Energy stock can currently be purchased for approximately $29.70.
Consensus Ratings for CenterPoint Energy (NYSE:CNP) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||6 Hold Ratings, 1 Buy Rating|
|Consensus Rating:||Hold (Score: 2.14)|
|Consensus Price Target: ||$28.57 (3.80% downside)|Consensus Price Target History for CenterPoint Energy (NYSE:CNP)
Analysts' Ratings History for CenterPoint Energy (NYSE:CNP)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/12/2017||J P Morgan Chase & Co||Set Price Target||Hold||$29.00 -> $30.00||N/A|
|10/2/2017||SunTrust Banks, Inc.||Reiterated Rating||Hold||$30.00||Low|
|9/11/2017||Royal Bank Of Canada||Reiterated Rating||Hold||$29.00||Medium|
|8/14/2017||Credit Suisse Group||Upgrade||Underperform -> Neutral||$28.82 -> $29.00||Low|
|4/11/2017||Deutsche Bank AG||Boost Price Target||Hold||$27.00 -> $28.00||Low|
|3/20/2017||Barclays PLC||Boost Price Target||Equal Weight||$27.00 -> $29.00||Low|
|9/12/2016||Evercore ISI||Initiated Coverage||Hold||N/A|
|7/5/2016||Tudor Pickering||Downgrade||Buy -> Hold||N/A|
|7/1/2016||Argus||Reiterated Rating||Buy||$26.00 -> $28.00||N/A|
|6/22/2016||Wells Fargo & Company||Downgrade||Outperform -> Market Perform||N/A|
|5/9/2016||Goldman Sachs Group, Inc. (The)||Upgrade||Sell -> Neutral||$18.00 -> $21.00||N/A|
|1/28/2016||Macquarie||Lower Price Target||Neutral||$20.00 -> $17.50||N/A|
Earnings History for CenterPoint Energy (NYSE:CNP)Earnings History by Quarter for CenterPoint Energy (NYSE CNP)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/3/2017||Q2 2017||$0.22||$0.29||$1.98 billion||$2.14 billion||View||Listen|
|5/5/2017||Q1 2017||$0.36||$0.37||$2.14 billion||$2.74 billion||View||N/A|
|2/28/2017||Q416||$0.28||$0.26||$2.18 billion||$2.08 billion||View||Listen|
|11/4/2016||Q316||$0.37||$0.41||$1.98 billion||$1.89 billion||View||N/A|
|8/5/2016||Q216||$0.20||$0.17||$1.62 billion||$1.57 billion||View||N/A|
|5/10/2016||Q116||$0.31||$0.36||$2.42 billion||$1.98 billion||View||Listen|
|2/26/2016||Q415||$0.23||$0.26||$2.85 billion||$1.79 billion||View||Listen|
|11/5/2015||Q315||$0.30||$0.34||$1.96 billion||$1.63 billion||View||Listen|
|8/10/2015||Q215||$0.20||$0.18||$1.87 billion||$1.53 billion||View||Listen|
|5/11/2015||Q115||$0.33||$0.30||$2.88 billion||$2.43 billion||View||Listen|
|2/26/2015||Q414||$0.26||$0.34||$1.48 billion||$2.37 billion||View||Listen|
|11/5/2014||Q314||$0.30||$0.33||$1.82 billion||$1.81 billion||View||N/A|
|8/6/2014||Q2||$0.24||$0.25||$1.82 billion||$1.88 billion||View||Listen|
|5/1/2014||Q114||$0.34||$0.43||$2.28 billion||$3.16 billion||View||N/A|
|2/26/2014||Q413||$0.28||$0.26||$1.66 billion||$2.18 billion||View||N/A|
|11/6/2013||Q313||$0.35||$0.40||$1.91 billion||$1.71 billion||View||N/A|
|8/1/2013||Q2 2013||$0.28||$0.30||$1.67 billion||$1.53 billion||View||N/A|
|5/2/2013||Q1 2013||$0.37||$0.34||$2.37 billion||$2.39 billion||View||N/A|
|2/27/2013||Q4 2012||$0.21||$0.31||$2.43 billion||$2.15 billion||View||N/A|
|11/7/2012||Q312||$0.33||$0.40||$2.21 billion||$1.80 billion||View||N/A|
Earnings Estimates for CenterPoint Energy (NYSE:CNP)
2017 EPS Consensus Estimate: $1.22
2018 EPS Consensus Estimate: $1.45
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for CenterPoint Energy (NYSE:CNP)
|Most Recent Dividend:||9/8/2017|
|Dividend Growth:||7.50% (3 Year Average)|
|Payout Ratio:||76.98% (Trailing 12 Months of Earnings) |
80.45% (Based on This Year's Estimates)
75.35% (Based on Next Year's Estimates)
|Track Record:||11 Years of Consecutive Dividend Growth|
Dividend History by Quarter for CenterPoint Energy (NYSE CNP)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for CenterPoint Energy (NYSE:CNP)
Insider Ownership Percentage: 0.20%Insider Trades by Quarter for CenterPoint Energy (NYSE:CNP)
Institutional Ownership Percentage: 76.84%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|10/2/2017||Scott M. Prochazka||CEO||Sell||1,000||$29.08||$29,080.00|| |
|9/1/2017||Scott M. Prochazka||CEO||Sell||1,000||$29.61||$29,610.00|| |
|8/1/2017||Scott M. Prochazka||CEO||Sell||1,000||$28.23||$28,230.00|| |
|7/3/2017||Scott M. Prochazka||CEO||Sell||1,000||$27.66||$27,660.00|| |
|6/1/2017||Scott M. Prochazka||CEO||Sell||1,000||$28.67||$28,670.00|| |
|4/3/2017||Scott M. Prochazka||CEO||Sell||1,000||$27.45||$27,450.00|| |
|5/13/2016||Joseph B Mcgoldrick||VP||Sell||9,000||$22.23||$200,070.00|| |
|11/16/2015||Janiece M Longoria||Director||Sell||3,000||$17.03||$51,090.00|| |
|6/2/2015||Tracy B Bridge||VP||Buy||10,000||$19.80||$198,000.00|| |
|6/1/2015||Tracy B Bridge||VP||Buy||10,000||$20.20||$202,000.00|| |
|5/15/2015||Phillip R Smith||Director||Buy||2,000||$20.28||$40,560.00|| |
|5/14/2015||Joseph B Mcgoldrick||VP||Buy||10,000||$20.15||$201,500.00|| |
|5/13/2015||William D Rogers||CFO||Buy||20,000||$19.81||$396,200.00|| |
|6/6/2014||Milton Carroll||Chairman||Sell||9,795||$24.11||$236,157.45|| |
|5/5/2014||Milton Carroll||Chairman||Sell||10,333||$24.44||$252,538.52|| |
|12/3/2013||David Mcclanahan||CEO||Sell||106,100||$23.01||$2,441,361.00|| |
|5/8/2013||Joseph B Mcgoldrick||SVP||Sell||2,000||$24.40||$48,800.00|| |
Headline Trends for CenterPoint Energy (NYSE:CNP)
Latest Headlines for CenterPoint Energy (NYSE:CNP)
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CenterPoint Energy (CNP) Chart for Monday, October, 23, 2017