NYSE:CNPCenterPoint Energy Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding CenterPoint Energy, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $13.44 -0.69 (-4.88 %) (As of 04/5/2020 04:00 PM ET) Add Compare Share Today's Range$13.06Now: $13.44▼$14.1750-Day Range$12.10MA: $19.68▼$27.1852-Week Range$11.58Now: $13.44▼$31.17Volume18.40 million shsAverage Volume11.18 million shsMarket Capitalization$6.76 billionP/E Ratio10.11Dividend Yield8.21%Beta0.98 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company's Electric Transmission & Distribution segment offers electric transmission and distribution services to retail electric providers, municipalities, electric cooperatives, and other distribution companies. As of December 31, 2018, it owned 235 substation sites with a total installed rated transformer capacity of 68,338 megavolt amperes; and 15 regional service centers located on a total of 332 acres of land. Its Natural Gas Distribution segment sells regulated intrastate natural gas; provides natural gas transportation and storage services for residential, commercial, industrial, and transportation customers; and offers unregulated services comprising residential appliance repair and maintenance services. As of December 31, 2018, this segment owned approximately 76,000 linear miles of natural gas distribution mains. The company's Energy Services segment provides physical natural gas supplies primarily to commercial and industrial customers, and electric and natural gas utilities; natural gas management services; and physical delivery services, as well as procures and optimizes transportation and storage assets. As of December 31, 20118, it owned and operated 200 miles of intrastate pipeline in Louisiana and Texas; and leases transportation capacity on various interstate and intrastate pipelines, and storage. Its Midstream Investment segment offers natural gas and crude oil gathering, and natural gas processing services to its producer customers; and interstate and intrastate natural gas pipeline transportation and storage services to its producer, power plant, local distribution company, and industrial end-user customers. The company was founded in 1882 and is headquartered in Houston, Texas.Read More Beat the Market (BTM) Rank™ 4.3 Analyst's Opinion Consensus RatingCenterPoint Energy has received a consensus rating of Buy. The company's average rating score is 2.56, and is based on 9 buy ratings, 7 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $24.41, CenterPoint Energy has a potential upside of 81.6% from its current price of $13.44.Amount of Analyst CoverageCenterPoint Energy has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.1 Community Rank Outperform VotesCenterPoint Energy has received 393 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCenterPoint Energy has received 553 “underperform” votes. (Add your “underperform” vote.)Community SentimentCenterPoint Energy has received 58.46% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about CenterPoint Energy and other stocks. Vote “Outperform” if you believe CNP will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CNP will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 4.2 Dividend Strength Dividend LeadershipCenterPoint Energy is a leading dividend payer. It pays a dividend yield of 8.21%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCenterPoint Energy has been increasing its dividend for 14 years.Dividend CoverageThe dividend payout ratio of CenterPoint Energy is 64.80 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, CenterPoint Energy will have a dividend payout ratio of 81.12 % in the coming year. This indicates that CenterPoint Energy may not be able to sustain their current dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CenterPoint Energy insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.13% of the stock of CenterPoint Energy is held by insiders.Percentage Held by Institutions84.19% of the stock of CenterPoint Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for CenterPoint Energy are expected to grow by 6.72% in the coming year, from $1.34 to $1.43 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CenterPoint Energy is 10.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 11.06.Price to Earnings Ratio vs. SectorThe P/E ratio of CenterPoint Energy is 10.11, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 26.29.Price to Earnings Growth RatioCenterPoint Energy has a PEG Ratio of 2.12. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCenterPoint Energy has a P/B Ratio of 1.02. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.3Community Rank: 2.1Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.68 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Electric services Sub-IndustryMulti-Utilities SectorUtilities Current SymbolNYSE:CNP Previous Symbol CUSIP15189T10 CIK1130310 Webhttp://www.centerpointenergy.com/ Phone713-207-1111Debt Debt-to-Equity Ratio2.15 Current Ratio0.99 Quick Ratio0.85Price-To-Earnings Trailing P/E Ratio10.11 Forward P/E Ratio10.03 P/E Growth2.12 Sales & Book Value Annual Sales$12.30 billion Price / Sales0.55 Cash Flow$4.23 per share Price / Cash Flow3.18 Book Value$13.18 per share Price / Book1.02Profitability EPS (Most Recent Fiscal Year)$1.79 Net Income$791 million Net Margins6.43% Return on Equity14.97% Return on Assets2.84%Miscellaneous Employees14,262 Outstanding Shares502,610,000Market Cap$6.76 billion Next Earnings Date5/7/2020 (Confirmed) OptionableOptionable Receive CNP News and Ratings via Email Sign-up to receive the latest news and ratings for CNP and its competitors with MarketBeat's FREE daily newsletter. CNP Rates by TradingView CenterPoint Energy (NYSE:CNP) Frequently Asked Questions How has CenterPoint Energy's stock been impacted by COVID-19 (Coronavirus)? CenterPoint Energy's stock was trading at $17.66 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CNP stock has decreased by 23.9% and is now trading at $13.44. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of CenterPoint Energy? 18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CenterPoint Energy in the last year. There are currently 1 sell rating, 7 hold ratings, 9 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for CenterPoint Energy. When is CenterPoint Energy's next earnings date? CenterPoint Energy is scheduled to release its next quarterly earnings announcement on Thursday, May 7th 2020. View our earnings forecast for CenterPoint Energy. How can I listen to CenterPoint Energy's earnings call? CenterPoint Energy will be holding an earnings conference call on Thursday, May 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. How were CenterPoint Energy's earnings last quarter? CenterPoint Energy, Inc. (NYSE:CNP) announced its quarterly earnings data on Thursday, February, 27th. The utilities provider reported $0.45 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.36 by $0.09. The utilities provider had revenue of $3.23 billion for the quarter, compared to analysts' expectations of $3.80 billion. CenterPoint Energy had a return on equity of 14.97% and a net margin of 6.43%. The firm's revenue for the quarter was up 6.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.36 earnings per share. 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 Monday, February 3rd. Shareholders of record on Thursday, February 20th will be given a dividend of $0.29 per share on Thursday, March 12th. This represents a $1.16 annualized dividend and a yield of 8.63%. The ex-dividend date of this dividend is Wednesday, February 19th. This is an increase from CenterPoint Energy's previous quarterly dividend of $0.29. View CenterPoint Energy's dividend history. What price target have analysts set for CNP? 18 equities research analysts have issued 12-month target prices for CenterPoint Energy's stock. Their forecasts range from $15.00 to $32.00. On average, they anticipate CenterPoint Energy's share price to reach $24.41 in the next year. This suggests a possible upside of 81.6% from the stock's current price. View analysts' price targets for CenterPoint Energy. Has CenterPoint Energy been receiving favorable news coverage? Headlines about CNP stock have trended very negative this week, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. CenterPoint Energy earned a coverage optimism score of -3.3 on InfoTrie's scale. They also assigned media headlines about the utilities provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutCenterPoint Energy. Are investors shorting CenterPoint Energy? CenterPoint Energy saw a increase in short interest in March. As of March 13th, there was short interest totaling 19,649,600 shares, an increase of 16.7% from the February 27th total of 16,840,000 shares. Based on an average trading volume of 6,100,000 shares, the short-interest ratio is currently 3.2 days. Currently, 3.9% of the shares of the stock are sold short. View CenterPoint Energy's Current Options Chain. Who are some of CenterPoint Energy's key competitors? Some companies that are related to CenterPoint Energy include Dominion Energy (D), Sempra Energy (SRE), WEC Energy Group (WEC), Consolidated Edison (ED), Public Service Enterprise Group (PEG), Ameren (AEE), DTE Energy (DTE), CMS Energy (CMS), Alliant Energy (LNT), NiSource (NI), PG&E (PCG), Mdu Resources Group (MDU), Black Hills (BKH), NorthWestern (NWE) and Avista (AVA). 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), Exxon Mobil (XOM), AbbVie (ABBV), Chevron (CVX), Altria Group (MO), Cisco Systems (CSCO), IBM (IBM), The Coca-Cola (KO) and Pfizer (PFE). Who are CenterPoint Energy's key executives? CenterPoint Energy's management team includes the following people: Mr. Milton Carroll, Exec. Chairman (Age 69)Mr. Scott M. Prochazka, Pres, CEO & Non-Independent Director (Age 53)Mr. Tracy B. Bridge, Exec. VP & Pres of Electric Division (Age 60)Ms. Kristie L. Colvin, Sr. VP & Chief Accounting Officer (Age 55)Mr. Gary Hayes, Chief Information Officer & Sr. VP 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 investors include Pensionfund Sabic (0.02%). 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. Which institutional investors are buying CenterPoint Energy stock? CNP stock was purchased by a variety of institutional investors in the last quarter, including Pensionfund Sabic. View insider buying and selling activity for CenterPoint Energy. 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is CenterPoint Energy's stock price today? One share of CNP stock can currently be purchased for approximately $13.44. How big of a company is CenterPoint Energy? CenterPoint Energy has a market capitalization of $6.76 billion and generates $12.30 billion in revenue each year. The utilities provider earns $791 million in net income (profit) each year or $1.79 on an earnings per share basis. CenterPoint Energy employs 14,262 workers across the globe. View additional information about CenterPoint Energy. What is CenterPoint Energy's official website? The official website for CenterPoint Energy is http://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. This page was last updated on 4/5/2020 by MarketBeat.com StaffFeatured Article: What does an inverted yield curve signify?
