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

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$29.30 -0.04 (-0.14 %)
(As of 12/14/2018 04:00 PM ET)
Previous Close$29.34
Today's Range$29.21 - $29.58
52-Week Range$24.81 - $29.58
Volume6.40 million shs
Average Volume4.76 million shs
Market Capitalization$14.48 billion
P/E Ratio21.39
Dividend Yield3.84%
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, 2017, this segment owned 28,883 pole miles of overhead distribution lines and 24,662 circuit miles of underground distribution lines; and 235 substations with a transformer capacity of 64,924 megavolt amperes, as well as operated 14 regional service centers. Its Natural Gas Distribution segment sells regulated intrastate natural gas; provides natural gas transportation and storage services for residential, commercial, industrial, and transportation customers; and offers unregulated services comprising residential appliance repair and maintenance services. As of December 31, 2017, this segment owned approximately 75,000 linear miles of natural gas distribution mains. The company's Energy Services segment provides physical natural gas supplies primarily to commercial and industrial customers, and electric and natural gas utilities; natural gas management services; and physical delivery services, as well as procures and optimizes transportation and storage assets. This segment owns and operates approximately 200 miles of intrastate pipelines; and leases transportation capacity on various interstate and intrastate pipelines, and storage. Its Midstream Investments segment offers natural gas and crude oil gathering, and natural gas processing services to its producer customers; and interstate and intrastate natural gas pipeline transportation and storage services to its producer, power plant, local distribution company, and industrial end-user customers. The company was founded in 1882 and is based in Houston, Texas.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Electric services
Sub-IndustryMulti-Utilities
SectorUtilities
Current SymbolNYSE:CNP
Previous Symbol
CUSIP15189T10
Phone713-207-1111

Debt

Debt-to-Equity Ratio1.54
Current Ratio1.06
Quick Ratio0.90

Price-To-Earnings

Trailing P/E Ratio21.39
Forward P/E Ratio18.43
P/E Growth3.07

Sales & Book Value

Annual Sales$9.61 billion
Price / Sales1.53
Cash Flow$3.8911 per share
Price / Cash Flow7.53
Book Value$10.88 per share
Price / Book2.69

Profitability

EPS (Most Recent Fiscal Year)$1.37
Net Income$1.79 billion
Net Margins15.15%
Return on Equity14.40%
Return on Assets3.05%

Miscellaneous

Employees7,977
Outstanding Shares501,190,000
Market Cap$14.48 billion
OptionableOptionable

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 announced a quarterly dividend on Wednesday, December 12th. Investors of record on Thursday, February 21st will be paid a dividend of $0.2875 per share on Thursday, March 14th. This represents a $1.15 dividend on an annualized basis and a yield of 3.92%. The ex-dividend date is Wednesday, February 20th. This is a boost from CenterPoint Energy's previous quarterly dividend of $0.28. View CenterPoint Energy's Dividend History.

How were CenterPoint Energy's earnings last quarter?

CenterPoint Energy, Inc. (NYSE:CNP) released its quarterly earnings data on Thursday, November, 8th. The utilities provider reported $0.39 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.41 by $0.02. The utilities provider earned $2.21 billion during the quarter, compared to analysts' expectations of $2.26 billion. CenterPoint Energy had a net margin of 15.15% and a return on equity of 14.40%. The company's revenue was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.38 EPS. 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, February 28th 2019. View Earnings Estimates for CenterPoint Energy.

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

CenterPoint Energy issued an update on its FY 2018 earnings guidance on Thursday, November, 8th. The company provided earnings per share (EPS) guidance of $1.55-1.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.58. CenterPoint Energy also updated its FY18 guidance to $1.50-1.60 EPS.

What price target have analysts set for CNP?

10 brokers have issued 1 year price targets for CenterPoint Energy's shares. Their forecasts range from $25.00 to $34.00. On average, they expect CenterPoint Energy's share price to reach $29.7778 in the next year. This suggests a possible upside of 1.6% from the stock's current price. View Analyst Price Targets for CenterPoint Energy.

What is the consensus analysts' recommendation for CenterPoint Energy?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CenterPoint Energy in the last year. There are currently 5 hold ratings and 5 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?

News articles about CNP stock have been trending somewhat negative on Saturday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. CenterPoint Energy earned a daily sentiment score of -1.1 on InfoTrie's scale. They also gave news stories about the utilities provider a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an effect on the stock's share price in the near future.

Who are some of CenterPoint Energy's key competitors?

Who are CenterPoint Energy's key executives?

CenterPoint Energy's management team includes the folowing people:
  • Mr. Milton Carroll, Exec. Chairman (Age 68)
  • Mr. Scott M. Prochazka, Pres, CEO & Non-Independent Director (Age 52)
  • Mr. William D. Rogers, Exec. VP & CFO (Age 58)
  • Ms. Dana C. O'Brien, Sr. VP & Gen. Counsel (Age 50)
  • Mr. Tracy B. Bridge, Exec. VP & Pres of Electric Division (Age 59)

Who are CenterPoint Energy's major shareholders?

CenterPoint Energy's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc (10.93%), BlackRock Inc. (9.80%), Skandinaviska Enskilda Banken AB publ (1.39%), Massachusetts Financial Services Co. MA (1.33%), Luminus Management LLC (1.25%) and Wells Fargo & Company MN (0.97%). Company insiders that own CenterPoint Energy stock include Milton Carroll, Scott M Prochazka and Ted Pound. 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 Deutsche Bank AG, Skandinaviska Enskilda Banken AB publ, Wells Fargo & Company MN, Panagora Asset Management Inc., Victory Capital Management Inc., Prudential Financial Inc., Janus Henderson Group PLC and Robeco Institutional Asset Management B.V.. Company insiders that have sold CenterPoint Energy company stock in the last year include Milton Carroll, Scott M Prochazka and Ted Pound. View Insider Buying and Selling for CenterPoint Energy.

Which major investors are buying CenterPoint Energy stock?

CNP stock was purchased by a variety of institutional investors in the last quarter, including Luminus Management LLC, Vanguard Group Inc, Capital Research Global Investors, Massachusetts Financial Services Co. MA, BlackRock Inc., Laurion Capital Management LP, AQR Capital Management LLC and Jane Street Group LLC. 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 $29.30.

How big of a company is CenterPoint Energy?

CenterPoint Energy has a market capitalization of $14.48 billion and generates $9.61 billion in revenue each year. The utilities provider earns $1.79 billion in net income (profit) each year or $1.37 on an earnings per share basis. CenterPoint Energy employs 7,977 workers across the globe.

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:  1.9 out of 5 (star)
Outperform Votes:  287 (Vote Outperform)
Underperform Votes:  460 (Vote Underperform)
Total Votes:  747
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 12/15/2018 by MarketBeat.com Staff

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