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

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

CenterPoint Energy declared a quarterly dividend on Monday, February 3rd. Shareholders of record on Thursday, February 20th will be paid a dividend of $0.29 per share on Thursday, March 12th. This represents a $1.16 annualized dividend and a yield of 4.59%. The ex-dividend date is Wednesday, February 19th. This is an increase from CenterPoint Energy's previous quarterly dividend of $0.29. View CenterPoint Energy's Dividend History.

CenterPoint Energy, Inc. (NYSE:CNP) released its quarterly earnings data on Thursday, November, 7th. The utilities provider reported $0.53 EPS for the quarter, beating the consensus estimate of $0.43 by $0.10. The utilities provider earned $2.74 billion during the quarter, compared to analyst estimates of $2.91 billion. CenterPoint Energy had a return on equity of 14.51% and a net margin of 6.23%. The business's revenue for the quarter was up 24.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.39 EPS. View CenterPoint Energy's Earnings History.

CenterPoint Energy is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for CenterPoint Energy.

CenterPoint Energy will be holding an earnings conference call on Thursday, February 27th 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 issued an update on its FY 2019 Pre-Market earnings guidance on Monday, November, 25th. The company provided earnings per share (EPS) guidance of $1.70-1.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.64.

16 Wall Street analysts have issued 1 year target prices for CenterPoint Energy's shares. Their forecasts range from $26.00 to $32.00. On average, they expect CenterPoint Energy's stock price to reach $28.40 in the next year. This suggests a possible upside of 12.4% from the stock's current price. View Analyst Price Targets for CenterPoint Energy.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CenterPoint Energy in the last year. There are currently 8 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CenterPoint Energy.

Media stories about CNP stock have been trending very negative on Sunday, according to InfoTrie Sentiment. The research firm identifies positive and negative news coverage by reviewing 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 positive five, with scores nearest to five being the most favorable. CenterPoint Energy earned a media sentiment score of -3.9 on InfoTrie's scale. They also gave media headlines about the utilities provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for CenterPoint Energy.

CenterPoint Energy saw a decline in short interest during the month of January. As of January 31st, there was short interest totalling 17,740,000 shares, a decline of 6.8% from the January 15th total of 19,030,000 shares. Based on an average daily trading volume, of 5,620,000 shares, the days-to-cover ratio is currently 3.2 days. Approximately 3.5% of the company's shares are sold short. View CenterPoint Energy's Current Options Chain.

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), DTE Energy (DTE), Ameren (AEE), CMS Energy (CMS), Alliant Energy (LNT), NiSource (NI), PG&E (PCG), Mdu Resources Group (MDU), Black Hills (BKH), NorthWestern (NWE) and Avista (AVA).

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), Altria Group (MO), Exxon Mobil (XOM), Chevron (CVX), Cisco Systems (CSCO), Hawkins (HWKN), Ford Motor (F) and IBM (IBM).

CenterPoint Energy's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Mitsubishi UFJ Trust & Banking Corp (1.89%), Geode Capital Management LLC (1.58%), Levin Easterly Partners LLC (1.36%), Franklin Resources Inc. (1.32%), Renaissance Technologies LLC (1.31%) and Bank of New York Mellon Corp (1.25%). 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 Cohen & Steers Inc., Miller Howard Investments Inc. NY, DekaBank Deutsche Girozentrale, AQR Capital Management LLC, Martingale Asset Management L P, Russell Investments Group Ltd., Acadian Asset Management LLC and Strs Ohio. 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 Brookfield Public Securities Group LLC, Renaissance Technologies LLC, Bank of New York Mellon Corp, Retirement Systems of Alabama, Point72 Asset Management L.P., First Trust Advisors LP, Franklin Resources Inc. and OLD Republic International Corp. 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 $25.27.

CenterPoint Energy has a market capitalization of $12.69 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.