CenterPoint Energy Stock Forecast, Price & News

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CenterPoint Energy in the last year. There are currently 3 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CenterPoint Energy stock.
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13 analysts have issued 12-month price targets for CenterPoint Energy's shares. Their CNP stock forecasts range from $26.00 to $36.00. On average, they predict CenterPoint Energy's stock price to reach $31.17 in the next year. This suggests a possible upside of 7.1% from the stock's current price.
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CenterPoint Energy's stock was trading at $27.91 on January 1st, 2022. Since then, CNP stock has increased by 4.2% and is now trading at $29.09.
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CenterPoint Energy is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for CenterPoint Energy.

CenterPoint Energy, Inc. (NYSE:CNP) issued its earnings results on Tuesday, May, 3rd. The utilities provider reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by $0.01. The utilities provider had revenue of $2.76 billion for the quarter, compared to the consensus estimate of $2.55 billion. CenterPoint Energy had a trailing twelve-month return on equity of 12.10% and a net margin of 19.30%. During the same period in the prior year, the company posted $0.59 EPS.
View CenterPoint Energy's earnings history.

CenterPoint Energy announced a quarterly dividend on Friday, April 22nd. Stockholders of record on Thursday, May 19th will be given a dividend of $0.17 per share on Thursday, June 9th. This represents a $0.68 annualized dividend and a yield of 2.34%. The ex-dividend date is Wednesday, May 18th.
View CenterPoint Energy's dividend history.

CenterPoint Energy(NYSE:CNP) pays an annual dividend of $0.68 per share and currently has a dividend yield of 2.35%. CenterPoint Energy does not yet have a strong track record of dividend growth. The dividend payout ratio of CenterPoint Energy is 26.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CenterPoint Energy will have a dividend payout ratio of 45.64% next year. This indicates that CenterPoint Energy will be able to sustain or increase its dividend.
View CenterPoint Energy's dividend history.

CenterPoint Energy issued an update on its FY 2022 earnings guidance on Tuesday, May, 10th. The company provided earnings per share (EPS) guidance of $1.36-$1.38 for the period, compared to the consensus estimate of $1.37. The company issued revenue guidance of -.

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.

Some companies that are related to CenterPoint Energy include Dominion Energy (D), Sempra (SRE), Consolidated Edison (ED), Public Service Enterprise Group (PEG), WEC Energy Group (WEC), PG&E (PCG), DTE Energy (DTE), Ameren (AEE), CMS Energy (CMS), NiSource (NI), MDU Resources Group (MDU), Black Hills (BKH) and Avista (AVA).
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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).

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

CenterPoint Energy's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.68%), BlackRock Inc. (9.00%), Capital International Investors (7.53%), State Street Corp (5.29%), Capital Research Global Investors (4.62%) and Boston Partners (3.74%). Company insiders that own CenterPoint Energy stock include Barry T Smitherman, David J Lesar, David J Lesar, Jason P Wells, Leslie D Biddle and Scott M Prochazka.
View institutional ownership trends for CenterPoint Energy.

CNP stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., JPMorgan Chase & Co., Royal Bank of Canada, Massachusetts Financial Services Co. MA, Wellington Management Group LLP, Morningstar Investment Services LLC, Scout Investments Inc., and Thompson Siegel & Walmsley LLC. Company insiders that have sold CenterPoint Energy company stock in the last two years include Barry T Smitherman, and Leslie D Biddle.
View insider buying and selling activity for CenterPoint Energy or view top insider-selling stocks.

CNP stock was bought by a variety of institutional investors in the last quarter, including Invesco Ltd., State Street Corp, Capital Research Global Investors, Ceredex Value Advisors LLC, Vanguard Group Inc., Capital International Investors, Bank of America Corp DE, and Cohen & Steers Inc.. Company insiders that have bought CenterPoint Energy stock in the last two years include David J Lesar, and Jason P Wells.
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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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One share of CNP stock can currently be purchased for approximately $29.09.

CenterPoint Energy (NYSE:CNP) has a market capitalization of $18.31 billion and generates $8.35 billion in revenue each year. The utilities provider earns $1.49 billion in net income (profit) each year or $2.519990 on an earnings per share basis.

CenterPoint Energy employs 9,418 workers across the globe.

CenterPoint Energy was founded in 1866.

CenterPoint Energy's mailing address is 1111 Louisiana Street, Houston TX, 77002. The official website for CenterPoint Energy is www.centerpointenergy.com. The utilities provider can be reached via phone at (713) 207-1111 or via fax at 713-207-3169.