NYSE:CNP - CenterPoint Energy Stock Price, News & Analysis

$27.83
-0.28 (-1.00 %)
(As of 08/21/2019 02:06 AM ET)
Today's Range
$27.75
Now: $27.83
$28.15
50-Day Range
$27.62
MA: $28.64
$29.44
52-Week Range
$26.74
Now: $27.83
$31.42
Volume2.57 million shs
Average Volume4.64 million shs
Market Capitalization$13.98 billion
P/E Ratio17.39
Dividend Yield4.09%
Beta0.46
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. Read More…

Industry, Sector and Symbol

Industry Electric services
Sub-IndustryMulti-Utilities
SectorUtilities
CUSIP15189T10
Phone713-207-1111

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$10.59 billion
Cash Flow$4.0333 per share
Book Value$12.61 per share

Profitability

Net Income$368 million

Miscellaneous

Employees7,977
Market Cap$13.98 billion
Next Earnings Date11/14/2019 (Estimated)
OptionableOptionable

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CenterPoint Energy (NYSE:CNP) Frequently Asked Questions

What is CenterPoint Energy's stock symbol?

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

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

CenterPoint Energy declared a quarterly dividend on Wednesday, July 31st. Stockholders 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 dividend yield of 4.13%. The ex-dividend date of this dividend is Wednesday, August 14th. View CenterPoint Energy's Dividend History.

How were CenterPoint Energy's earnings last quarter?

CenterPoint Energy, Inc. (NYSE:CNP) issued 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 analyst estimates of $2.79 billion. CenterPoint Energy had a net margin of 5.55% and a return on equity of 13.59%. The firm's quarterly revenue was up 28.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.30 earnings per share. View CenterPoint Energy's Earnings History.

When is CenterPoint Energy's next earnings date?

CenterPoint Energy is scheduled to release their next quarterly earnings announcement on Thursday, November 14th 2019. View Earnings Estimates for CenterPoint Energy.

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

CenterPoint Energy updated its FY19 earnings guidance on Wednesday, August, 7th. The company provided EPS guidance of $1.60-1.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.64.

What price target have analysts set for CNP?

12 brokerages have issued 12 month target prices for CenterPoint Energy's shares. Their forecasts range from $29.32 to $34.00. On average, they anticipate CenterPoint Energy's share price to reach $31.7320 in the next year. This suggests a possible upside of 14.0% from the stock's current price. View Analyst Price Targets for CenterPoint Energy.

What is the consensus analysts' recommendation for CenterPoint Energy?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CenterPoint Energy in the last year. There are currently 2 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CenterPoint Energy.

Has CenterPoint Energy been receiving favorable news coverage?

Media stories about CNP stock have been trending positive on Wednesday, InfoTrie reports. The research firm ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. CenterPoint Energy earned a news sentiment score of 2.5 on InfoTrie's scale. They also assigned news stories about the utilities provider a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the stock's share price in the near future. View News Stories for CenterPoint Energy.

Who are some of CenterPoint Energy's key 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), Hawkins (HWKN), Verizon Communications (VZ), AbbVie (ABBV), Alphabet (GOOG), Boeing (BA), CA (CA), Ford Motor (F), American Electric Power (AEP) and Bank of America (BAC).

Who are CenterPoint Energy's key executives?

CenterPoint Energy's management team includes the folowing 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

Who are CenterPoint Energy's major shareholders?

CenterPoint Energy's stock is owned by a number of of retail and institutional 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.

Which institutional investors are selling CenterPoint Energy stock?

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 APG Asset Management N.V.. 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.

Which institutional investors are buying CenterPoint Energy stock?

CNP stock was acquired 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.

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, Scottrade, Fidelity and Charles Schwab.

What is CenterPoint Energy's stock price today?

One share of CNP stock can currently be purchased for approximately $27.83.

How big of a company is CenterPoint Energy?

CenterPoint Energy has a market capitalization of $13.98 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.

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.


MarketBeat Community Rating for CenterPoint Energy (NYSE CNP)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  327 (Vote Outperform)
Underperform Votes:  491 (Vote Underperform)
Total Votes:  818
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.
This page was last updated on 8/21/2019 by MarketBeat.com Staff

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