CenterPoint Energy Stock Forecast, Price & News

CenterPoint Energy (NYSE:CNP) Frequently Asked Questions

Is CenterPoint Energy a buy right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CenterPoint Energy in the last year. There are currently 2 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CenterPoint Energy stock.
View analyst ratings for CenterPoint Energy or view top-rated stocks.

How has CenterPoint Energy's stock price been impacted by Coronavirus?

CenterPoint Energy's stock was trading at $17.66 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CNP shares have increased by 58.0% and is now trading at $27.90.
View which stocks have been most impacted by COVID-19.

When is CenterPoint Energy's next earnings date?

CenterPoint Energy is scheduled to release its next quarterly earnings announcement on Thursday, February 24th 2022.
View our earnings forecast for CenterPoint Energy.

How were CenterPoint Energy's earnings last quarter?

CenterPoint Energy, Inc. (NYSE:CNP) released its quarterly earnings data on Thursday, November, 4th. The utilities provider reported $0.33 earnings per share for the quarter, beating analysts' consensus estimates of $0.28 by $0.05. CenterPoint Energy had a trailing twelve-month return on equity of 15.38% and a net margin of 12.75%. During the same period in the prior year, the business earned $0.34 EPS.
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 Thursday, September 30th. Investors of record on Thursday, November 18th will be paid a dividend of $0.17 per share on Thursday, December 9th. This represents a $0.68 annualized dividend and a yield of 2.44%. The ex-dividend date of this dividend is Wednesday, November 17th. This is a boost from CenterPoint Energy's previous quarterly dividend of $0.16.
View CenterPoint Energy's dividend history.

Is CenterPoint Energy a good dividend stock?

CenterPoint Energy pays an annual dividend of $0.68 per share and currently has a dividend yield of 2.52%. CenterPoint Energy 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 of CenterPoint Energy is 44.74%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CenterPoint Energy will have a dividend payout ratio of 48.92% 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?

10 brokers have issued 1 year price targets for CenterPoint Energy's stock. Their forecasts range from $24.00 to $30.00. On average, they anticipate CenterPoint Energy's share price to reach $26.89 in the next twelve months. This suggests that the stock has a possible downside of 3.6%.
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?

Some companies that are related to CenterPoint Energy include Dominion Energy (D), Sempra Energy (SRE), Public Service Enterprise Group (PEG), PG&E (PCG), WEC Energy Group (WEC), Consolidated Edison (ED), DTE Energy (DTE), Ameren (AEE), CMS Energy (CMS), NiSource (NI), MDU Resources Group (MDU), Black Hills (BKH) and Avista (AVA).
View all of CNP's 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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.88%), Capital Research Global Investors (4.29%), Boston Partners (4.01%), Massachusetts Financial Services Co. MA (1.81%), Barrow Hanley Mewhinney & Strauss LLC (1.70%) and Geode Capital Management LLC (1.69%). Company insiders that own CenterPoint Energy stock include Barry T Smitherman, David J Lesar, Jason P Wells, Leslie D Biddle and Scott M Prochazka.
View institutional ownership trends for CenterPoint Energy.

Which major investors are selling CenterPoint Energy stock?

CNP stock was sold by a variety of institutional investors in the last quarter, including Mitsubishi UFJ Trust & Banking Corp, Wellington Management Group LLP, Los Angeles Capital Management LLC, Royal Bank of Canada, Thompson Siegel & Walmsley LLC, Barrow Hanley Mewhinney & Strauss LLC, Yaupon Capital Management LP, and Miller Howard Investments Inc. NY. Company insiders that have sold CenterPoint Energy company stock in the last year include Barry T Smitherman, and Leslie D Biddle.
View insider buying and selling activity for CenterPoint Energy or view top insider-selling stocks.

Which major investors are buying CenterPoint Energy stock?

CNP stock was bought by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Deutsche Bank AG, BlackRock Inc., Massachusetts Financial Services Co. MA, Ceredex Value Advisors LLC, Brookfield Asset Management Inc., Easterly Investment Partners LLC, and Easterly Investment Partners LLC. 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.
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What is CenterPoint Energy's stock price today?

One share of CNP stock can currently be purchased for approximately $27.90.

How much money does CenterPoint Energy make?

CenterPoint Energy has a market capitalization of $17.55 billion and generates $7.42 billion in revenue each year. The utilities provider earns $-773 million in net income (profit) each year or $1.52 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 or via fax at 713-207-3169.