NYSE:CNP

CenterPoint Energy Stock Forecast, Price & News

$24.63
-0.47 (-1.87 %)
(As of 09/16/2021 12:00 AM ET)
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Today's Range
$24.63
$25.11
50-Day Range
$24.68
$26.90
52-Week Range
$18.60
$27.19
Volume7.03 million shs
Average Volume5.26 million shs
Market Capitalization$14.60 billion
P/E Ratio18.52
Dividend Yield2.55%
Beta0.98
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CenterPoint Energy logo

About CenterPoint Energy

CenterPoint Energy, Inc. is a holding company, which engages in the business of power generation and distribution. It operates through the following segments: Houston Electric Transmission & Distribution (T&D); Indiana Electric Integrated; Natural Gas Distribution; Energy Services; Infrastructure Services; Midstream Investments; and Corporate and Other. The Electric T&D segment offers electric transmission and distribution services. The Indiana Electric Integrated segment includes energy delivery services to electric customers and electric generation assets to serve electric customers and optimize those assets in the wholesale power market. The Natural Gas Distribution segment provides regulated natural gas distribution services. The Energy Services segment offers non-rate regulated natural gas sales to, and transportation and storage services, for commercial and industrial customers. The Infrastructure Services segment focuses on underground pipeline construction and repair services. The Midstream Investments segment consist of the equity method investment in Enable. The Other Operations segment comprises office buildings and other real estate used for business operations and home

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MarketRank

Overall MarketRank

1.86 out of 5 stars

Utilities Sector

79th out of 122 stocks

Electric Services Industry

33rd out of 54 stocks

Analyst Opinion: 1.3Community Rank: 3.9Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 0.0 5 -4 -3 -2 -1 -
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CenterPoint Energy (NYSE:CNP) Frequently Asked Questions

Is CenterPoint Energy a buy right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CenterPoint Energy in the last year. There are currently 5 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CenterPoint Energy stock.
View analyst ratings for CenterPoint Energy
or view top-rated stocks.

What stocks does MarketBeat like better than CenterPoint Energy?

Wall Street analysts have given CenterPoint Energy a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but CenterPoint Energy wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting CenterPoint Energy?

CenterPoint Energy saw a increase in short interest in August. As of August 13th, there was short interest totaling 22,970,000 shares, an increase of 16.7% from the July 29th total of 19,690,000 shares. Based on an average daily trading volume, of 5,090,000 shares, the short-interest ratio is presently 4.5 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, November 4th 2021.
View our earnings forecast for CenterPoint Energy
.

How were CenterPoint Energy's earnings last quarter?

CenterPoint Energy, Inc. (NYSE:CNP) posted its quarterly earnings results on Thursday, August, 5th. The utilities provider reported $0.36 EPS for the quarter, topping the Zacks' consensus estimate of $0.25 by $0.11. The utilities provider had revenue of $1.74 billion for the quarter, compared to analyst estimates of $1.63 billion. CenterPoint Energy had a trailing twelve-month return on equity of 17.22% and a net margin of 11.74%. During the same quarter in the previous year, the firm earned $0.21 earnings per share.
View CenterPoint Energy's earnings history
.

How has CenterPoint Energy's stock price been impacted by COVID-19?

CenterPoint Energy's stock was trading at $17.66 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CNP shares have increased by 39.5% and is now trading at $24.63.
View which stocks have been most impacted by COVID-19
.

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

CenterPoint Energy announced a quarterly dividend on Wednesday, July 21st. Shareholders of record on Thursday, August 19th will be given a dividend of $0.16 per share on Thursday, September 9th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.60%. The ex-dividend date is Wednesday, August 18th.
View CenterPoint Energy's dividend history
.

Is CenterPoint Energy a good dividend stock?

CenterPoint Energy pays an annual dividend of $0.64 per share and currently has a dividend yield of 2.55%. CenterPoint Energy does not yet have a strong track record of dividend growth. The dividend payout ratio of CenterPoint Energy is 45.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CenterPoint Energy will have a dividend payout ratio of 45.39% next year. This indicates that CenterPoint Energy will be able to sustain or increase its dividend.
View CenterPoint Energy's dividend history.

What price target have analysts set for CNP?

11 brokers have issued 12 month target prices for CenterPoint Energy's stock. Their forecasts range from $16.00 to $28.00. On average, they expect CenterPoint Energy's share price to reach $25.00 in the next year. This suggests a possible upside of 1.5% 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:
  • David J. Lesar, President, Chief Executive Officer & Director
  • Jason P. Wells, Chief Financial Officer & Executive VP
  • Kenneth E. Coleman, Chief Information Officer & Senior Vice President
  • Kristie L. Colvin, Chief Accounting Officer & Senior Vice President
  • Lynne Harkel-Rumford, Chief Human Resources Officer & Senior VP

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.

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), 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 a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.62%), BlackRock Inc. (8.89%), Capital International Investors (5.43%), FMR LLC (5.15%), State Street Corp (4.86%) and Boston Partners (3.96%). Company insiders that own CenterPoint Energy stock include David J Lesar, Jason P Wells, Leslie D Biddle and Scott M Prochazka.
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 FMR LLC, Credit Suisse AG, Millennium Management LLC, Mitsubishi UFJ Trust & Banking Corp, Nuveen Asset Management LLC, Russell Investments Group Ltd., Los Angeles Capital Management LLC, and Neuberger Berman Group 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 bought by a variety of institutional investors in the last quarter, including Capital International Investors, BlackRock Inc., First Trust Advisors LP, JPMorgan Chase & Co., Amundi, Brookfield Asset Management Inc., Vanguard Group Inc., and ClearBridge Investments Ltd. 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 $24.63.

How much money does CenterPoint Energy make?

CenterPoint Energy has a market capitalization of $14.60 billion and generates $7.42 billion in revenue each year. The utilities provider earns $-773,000,000.00 in net income (profit) each year or $1.40 on an earnings per share basis.

How many employees does CenterPoint Energy have?

CenterPoint Energy employs 9,541 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.

Where are CenterPoint Energy's headquarters?

CenterPoint Energy is headquartered at 1111 Louisiana Street, Houston TX, 77002.

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.


This page was last updated on 9/16/2021 by MarketBeat.com Staff
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