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. Investors 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 annualized dividend and a yield of 3.78%. The ex-dividend date of this dividend is Wednesday, August 14th. View CenterPoint Energy's Dividend History.

CenterPoint Energy, Inc. (NYSE:CNP) released its earnings results on Wednesday, August, 7th. The utilities provider reported $0.35 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.31 by $0.04. The utilities provider earned $2.80 billion during the quarter, compared to analysts' expectations of $2.79 billion. CenterPoint Energy had a net margin of 5.55% and a return on equity of 13.59%. The company's revenue for the quarter was up 28.0% on a year-over-year basis. During the same period last year, the business 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 (EPS) guidance of $1.60-1.70 for the period, compared to the Thomson Reuters consensus estimate of $1.64.

14 brokers have issued 12 month price objectives for CenterPoint Energy's shares. Their forecasts range from $29.32 to $34.00. On average, they anticipate CenterPoint Energy's stock price to reach $31.9433 in the next year. This suggests a possible upside of 5.1% 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.

Media stories about CNP stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. CenterPoint Energy earned a coverage optimism score of -1.3 on InfoTrie's scale. They also assigned media coverage about the utilities provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for CenterPoint Energy.

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

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 number of of institutional and retail investors. Top institutional investors 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 purchased 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 $30.40.

CenterPoint Energy has a market capitalization of $15.27 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.