S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Denmark says Nord Stream 1 pipelines stop leaking
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Tesla sales bounce back in Q3 but fall short of estimates
Allies aim for risky Russian oil price cap as winter nears
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Denmark says Nord Stream 1 pipelines stop leaking
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Tesla sales bounce back in Q3 but fall short of estimates
Allies aim for risky Russian oil price cap as winter nears
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Denmark says Nord Stream 1 pipelines stop leaking
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Tesla sales bounce back in Q3 but fall short of estimates
Allies aim for risky Russian oil price cap as winter nears
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Denmark says Nord Stream 1 pipelines stop leaking
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Tesla sales bounce back in Q3 but fall short of estimates
Allies aim for risky Russian oil price cap as winter nears
NYSE:CNP

CenterPoint Energy - CNP Stock Forecast, Price & News

$28.18
-0.66 (-2.29%)
(As of 09/30/2022 12:00 AM ET)
Add
Compare
Today's Range
$28.07
$29.15
50-Day Range
$28.18
$33.10
52-Week Range
$24.72
$33.50
Volume
9.06 million shs
Average Volume
4.09 million shs
Market Capitalization
$17.74 billion
P/E Ratio
11.60
Dividend Yield
2.50%
Price Target
$32.00

CenterPoint Energy MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
13.6% Upside
$32.00 Price Target
Short Interest
Healthy
1.96% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-5.55
Upright™ Environmental Score
News Sentiment
0.69mentions of CenterPoint Energy in the last 14 days
Based on 16 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.14%
From $1.38 to $1.52 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.39 out of 5 stars

Utilities Sector

46th out of 88 stocks

Electric Services Industry

19th out of 43 stocks

CNP stock logo

About CenterPoint Energy (NYSE:CNP) Stock

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.

Receive CNP Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for CenterPoint Energy and its competitors with MarketBeat's FREE daily newsletter.

CNP Stock News Headlines

AGR or CNP: Which is a Better Electric Power Utility Stock?
CenterPoint Energy (NYSE:CNP) PT Lowered to $33.00 at Morgan Stanley
5 Analysts Have This to Say About CenterPoint Energy
Where CenterPoint Energy Stands With Analysts
Ameren (AEE) Starts Building Maryland Heights Solar Arrays
CNP CenterPoint Energy, Inc.
Duke Energy (DUK) Arm Installs Solar Canopy in Florida
Why Is PPL (PPL) Up 2.4% Since Last Earnings Report?
CenterPoint Raises FY22 EPS Guidance
See More Headlines
Receive CNP Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for CenterPoint Energy and its competitors with MarketBeat's FREE daily newsletter.

CNP Company Calendar

Last Earnings
8/02/2022
Ex-Dividend for 9/8 Dividend
8/17/2022
Dividend Payable
9/08/2022
Today
10/02/2022
Next Earnings (Confirmed)
11/01/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
$32.00
High Stock Price Forecast
$36.00
Low Stock Price Forecast
$29.00
Forecasted Upside/Downside
+13.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
12 Analysts

Profitability

Net Income
$1.49 billion
Pretax Margin
14.16%

Debt

Sales & Book Value

Annual Sales
$8.35 billion
Cash Flow
$3.60 per share
Book Value
$13.72 per share

Miscellaneous

Free Float
628,936,000
Market Cap
$17.74 billion
Optionable
Optionable
Beta
0.86

Social Links


Key Executives

  • Mr. David John Lesar B.Sc. (Age 68)
    C.P.A., CPA, M.B.A., Pres, CEO & Director
    Comp: $4.45M
  • Mr. Jason P. WellsMr. Jason P. Wells (Age 44)
    Exec. VP & CFO
    Comp: $1.58M
  • Ms. Monica Karuturi (Age 43)
    Exec. VP & Gen. Counsel
    Comp: $1.05M
  • Mr. Scott Edward Doyle (Age 50)
    Exec. VP of Utility Operations
    Comp: $1.02M
  • Ms. Kara Gostenhofer Ryan (Age 39)
    VP & Chief Accounting Officer
  • Mr. Kenneth E. Coleman
    Sr. VP & Chief Information Officer
  • Jackie Richert
    VP of Investor Relations & Treasurer
  • Ms. Carol R. Helliker (Age 61)
    Chief Ethics & Compliance Officer, Sr. VP & Deputy Gen. Counsel
  • Ms. Lynne Louise Harkel-Rumford (Age 65)
    Exec. VP & Chief HR Officer
  • John C. Houston (Age 71)
    Division Sr. VP of Compliance & High Voltage Power Delivery













CNP Stock - Frequently Asked Questions

Should I buy or sell CenterPoint Energy stock right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CenterPoint Energy in the last year. There are currently 3 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CNP shares.
View CNP analyst ratings
or view top-rated stocks.

What is CenterPoint Energy's stock price forecast for 2022?

12 Wall Street research analysts have issued 1-year price objectives for CenterPoint Energy's stock. Their CNP share price forecasts range from $29.00 to $36.00. On average, they predict the company's stock price to reach $32.00 in the next year. This suggests a possible upside of 13.6% from the stock's current price.
View analysts price targets for CNP
or view top-rated stocks among Wall Street analysts.

How have CNP shares performed in 2022?

CenterPoint Energy's stock was trading at $27.91 at the start of the year. Since then, CNP stock has increased by 1.0% and is now trading at $28.18.
View the best growth stocks for 2022 here
.

Are investors shorting CenterPoint Energy?

CenterPoint Energy saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 12,350,000 shares, an increase of 18.5% from the August 31st total of 10,420,000 shares. Based on an average trading volume of 3,510,000 shares, the days-to-cover ratio is currently 3.5 days.
View CenterPoint Energy's Short Interest
.

When is CenterPoint Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our CNP earnings forecast
.

How can I listen to CenterPoint Energy's earnings call?

CenterPoint Energy will be holding an earnings conference call on Tuesday, November 1st at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were CenterPoint Energy's earnings last quarter?

CenterPoint Energy, Inc. (NYSE:CNP) announced its quarterly earnings results on Tuesday, August, 2nd. The utilities provider reported $0.31 EPS for the quarter, beating analysts' consensus estimates of $0.28 by $0.03. The utilities provider had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.68 billion. CenterPoint Energy had a net margin of 18.16% and a trailing twelve-month return on equity of 10.92%. During the same quarter in the prior year, the business earned $0.36 earnings per share.
Read the conference call transcript
.

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

CenterPoint Energy declared a quarterly dividend on Thursday, September 29th. Shareholders of record on Thursday, November 17th will be given a dividend of $0.18 per share on Thursday, December 8th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.56%. The ex-dividend date is Wednesday, November 16th.
Read our dividend analysis for CNP
.

Is CenterPoint Energy a good dividend stock?

CenterPoint Energy (NYSE:CNP) pays an annual dividend of $0.72 per share and currently has a dividend yield of 2.50%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 29.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CNP will have a dividend payout ratio of 47.37% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CNP.

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

CenterPoint Energy updated its FY 2022 earnings guidance on Tuesday, August, 9th. The company provided earnings per share (EPS) guidance of $1.37-$1.39 for the period, compared to the consensus estimate of $1.37. The company issued revenue guidance of -.

What is David J. Lesar's approval rating as CenterPoint Energy's CEO?

9 employees have rated CenterPoint Energy Chief Executive Officer David J. Lesar on Glassdoor.com. David J. Lesar has an approval rating of 100% among the company'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."

How do I buy shares of CenterPoint Energy?

Shares of CNP stock 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 $28.18.

How much money does CenterPoint Energy make?

CenterPoint Energy (NYSE:CNP) has a market capitalization of $17.74 billion and generates $8.35 billion in revenue each year. The utilities provider earns $1.49 billion in net income (profit) each year or $2.43 on an earnings per share basis.

How many employees does CenterPoint Energy have?

The company 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..
Read More
How can I contact CenterPoint Energy?

CenterPoint Energy's mailing address is 1111 Louisiana Street, Houston TX, 77002. The official website for the company is www.centerpointenergy.com. The utilities provider can be reached via phone at (713) 207-1111 or via fax at 713-207-3169.

This page (NYSE:CNP) was last updated on 10/2/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.