CenterPoint Energy Stock Price, News & Analysis (NYSE:CNP)

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

CenterPoint Energy declared a quarterly dividend on Wednesday, July 31st. Shareholders of record on Thursday, August 15th will be paid a dividend of $0.2875 per share on Thursday, September 12th. This represents a $1.15 dividend on an annualized basis and a yield of 3.79%. The ex-dividend date of this dividend is Wednesday, August 14th. View CenterPoint Energy's Dividend History.

CenterPoint Energy, Inc. (NYSE:CNP) posted its earnings results on Wednesday, August, 7th. The utilities provider reported $0.35 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.31 by $0.04. The utilities provider had revenue of $2.80 billion for the quarter, compared to analysts' expectations of $2.79 billion. CenterPoint Energy had a return on equity of 13.59% and a net margin of 5.55%. The company's revenue for the quarter was up 28.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.30 EPS. View CenterPoint Energy's Earnings History.

CenterPoint Energy is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for CenterPoint Energy.

CenterPoint Energy will be holding an earnings conference call on Thursday, November 7th 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 updated its FY19 earnings guidance on Wednesday, August, 7th. The company provided earnings per share guidance of $1.60-1.70 for the period, compared to the Thomson Reuters consensus estimate of $1.64.

14 brokerages have issued twelve-month target prices for CenterPoint Energy's shares. Their predictions range from $29.32 to $34.00. On average, they anticipate CenterPoint Energy's share price to reach $31.9433 in the next twelve months. This suggests a possible upside of 5.3% 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 2 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CenterPoint Energy.

Headlines about CNP stock have trended negative this week, InfoTrie reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. CenterPoint Energy earned a news sentiment score of -2.9 on InfoTrie's scale. They also gave news coverage about the utilities provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for CenterPoint Energy.

Some companies that are related to CenterPoint Energy include American Electric Power (AEP), Eversource Energy (ES), CLP (CLPHY), FirstEnergy (FE), Edison International (EIX), DTE Energy (DTE), Entergy (ETR), PPL (PPL), Fortis (FTS), Tenaga Nasional Bhd (TNABY), Avangrid (AGR), SSE PLC/S (SSEZY), CENTRAIS ELETRI/S (EBR.B), CENTRAIS ELETRI/S (EBR) and EDP-Energias de Portugal, S.A (EDPFY).

Based on aggregate information from My MarketBeat watchlists, some companies that other CenterPoint Energy investors own include AT&T (T), Hawkins (HWKN), Verizon Communications (VZ), AbbVie (ABBV), Alphabet (GOOG), Boeing (BA), Ford Motor (F), CA (CA), Cisco Systems (CSCO) and American Electric Power (AEP).

CenterPoint Energy's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.51%), Commonwealth Bank of Australia (1.46%), Northern Trust Corp (1.26%), Zimmer Partners LP (0.96%), Bank of New York Mellon Corp (0.95%) and Renaissance Technologies LLC (0.89%). 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 AQR Capital Management LLC, Man Group plc, Vanguard Group Inc., Skandinaviska Enskilda Banken AB publ, Prudential Financial Inc., Artemis Investment Management LLP, Natixis and Natixis. 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 bought by a variety of institutional investors in the last quarter, including Commonwealth Bank of Australia, Zimmer Partners LP, Cohen & Steers Inc., Unigestion Holding SA, Renaissance Technologies LLC, Luminus Management LLC, DekaBank Deutsche Girozentrale and AMP Capital Investors Ltd. 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 $30.33.

CenterPoint Energy has a market capitalization of $15.23 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.