CenterPoint Energy Company Profile (NYSE:CNP)

About CenterPoint Energy (NYSE:CNP)

CenterPoint Energy logoCenterPoint Energy, Inc. is a public utility holding company. The Company, through its subsidiaries, owns and operates electric transmission and distribution facilities, and natural gas distribution facilities. The Electric Transmission & Distribution segment provides electric transmission and distribution services to retail electric providers. Its Natural Gas Distribution segment offers intrastate natural gas sales to and natural gas transportation and distribution for residential, commercial and industrial customers. Its Energy Services segment includes non-rate regulated gas sales and transportation and storage services for commercial and industrial customers. Its Midstream Investments segment includes equity investment in Enable that owns, operates and develops natural gas and crude oil assets. Its Other Operations segment includes office buildings and other real estate used in its business operations and other corporate operations.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Multiline Utilities
  • Sub-Industry: Multi-Utilities
  • Symbol: NYSE:CNP
  • CUSIP: 15189T10
  • Web: www.centerpointenergy.com
Capitalization:
  • Market Cap: $12.8 billion
  • Outstanding Shares: 431,024,000
Average Prices:
  • 50 Day Moving Avg: $29.53
  • 200 Day Moving Avg: $28.55
  • 52 Week Range: $21.91 - $30.45
P/E:
  • Trailing P/E Ratio: 21.21
  • Foreward P/E Ratio: 20.92
  • P/E Growth: 3.02
Sales & Book Value:
  • Annual Revenue: $8.85 billion
  • Price / Sales: 1.45
  • Book Value: $8.27 per share
  • Price / Book: 3.59
Dividend:
  • Annual Dividend: $1.07
  • Dividend Yield: 3.6%
Profitability:
  • EBITDA: $2.08 billion
  • Net Margins: 6.86%
  • Return on Equity: 16.45%
  • Return on Assets: 2.65%
Debt:
  • Debt-to-Equity Ratio: 2.13%
  • Current Ratio: 0.94%
  • Quick Ratio: 0.81%
Misc:
  • Average Volume: 2.80 million shs.
  • Beta: 0.62
  • Short Ratio: 2.73
 

Frequently Asked Questions for CenterPoint Energy (NYSE:CNP)

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 Thursday, July 27th. Investors of record on Wednesday, August 16th will be paid a dividend of $0.2675 per share on Friday, September 8th. This represents a $1.07 dividend on an annualized basis and a yield of 3.60%. The ex-dividend date of this dividend is Monday, August 14th. View CenterPoint Energy's Dividend History.

How were CenterPoint Energy's earnings last quarter?

CenterPoint Energy, Inc. (NYSE:CNP) issued its quarterly earnings results on Thursday, August, 3rd. The company reported $0.29 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.22 by $0.07. The firm earned $2.14 billion during the quarter, compared to the consensus estimate of $1.98 billion. CenterPoint Energy had a net margin of 6.86% and a return on equity of 16.45%. The business's revenue was up 36.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.17 EPS. View CenterPoint Energy's Earnings History.

When will CenterPoint Energy make its next earnings announcement?

CenterPoint Energy is scheduled to release their next quarterly earnings announcement on Friday, November, 3rd 2017. View Earnings Estimates for CenterPoint Energy.

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

CenterPoint Energy issued an update on its FY17 earnings guidance on Thursday, August, 3rd. The company provided earnings per share (EPS) guidance of $1.25-1.33 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.31.

Where is CenterPoint Energy's stock going? Where will CenterPoint Energy's stock price be in 2017?

7 analysts have issued 12 month target prices for CenterPoint Energy's shares. Their predictions range from $25.00 to $30.00. On average, they anticipate CenterPoint Energy's stock price to reach $28.57 in the next year. View Analyst Ratings for CenterPoint Energy.

Are investors shorting CenterPoint Energy?

CenterPoint Energy saw a decrease in short interest in the month of September. As of September 15th, there was short interest totalling 10,165,671 shares, a decrease of 27.8% from the August 31st total of 14,073,575 shares. Based on an average daily volume of 3,262,006 shares, the days-to-cover ratio is currently 3.1 days. Currently, 2.5% of the shares of the company are short sold.

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:

  • Milton S. Carroll, Executive Chairman of the Board
  • Scott M. Prochazka, President, Chief Executive Officer, Director
  • William D. Rogers, Chief Financial Officer, Executive Vice President
  • Sue B. Ortenstone, Chief Human Resource Officer, Senior Vice President
  • Tracy B. Bridge, Executive Vice President and President - Electric Division
  • Dana C. O'Brien, Senior Vice President, General Counsel, Corporate Secretary
  • Michael P. Johnson Sr., Independent Director
  • Janiece M. Longoria, Independent Director
  • Scott J. McLean, Independent Director
  • Theodore F. Pound III, Independent Director

Who owns CenterPoint Energy stock?

CenterPoint Energy's stock is owned by many different of retail and institutional investors. Top institutional investors include APG Asset Management N.V. (1.67%), Robeco Institutional Asset Management B.V. (0.57%), PGGM Investments (0.39%), Viking Fund Management LLC (0.08%), Sanders Morris Harris LLC (0.06%) and Meeder Asset Management Inc. (0.04%). Company insiders that own CenterPoint Energy stock include Janiece M Longoria, Joseph B Mcgoldrick and Scott M Prochazka. View Institutional Ownership Trends for CenterPoint Energy.

Who sold CenterPoint Energy stock? Who is selling CenterPoint Energy stock?

CenterPoint Energy's stock was sold by a variety of institutional investors in the last quarter, including Viking Fund Management LLC, Meeder Asset Management Inc., Sanders Morris Harris LLC, Quotient Investors LLC, State Treasurer State of Michigan, Private Asset Management Inc. and LS Investment Advisors LLC. View Insider Buying and Selling for CenterPoint Energy.

Who bought CenterPoint Energy stock? Who is buying CenterPoint Energy stock?

CenterPoint Energy's stock was bought by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Robeco Institutional Asset Management B.V., Shell Asset Management Co., Wealth Enhancement Advisory Services LLC, PGGM Investments, Assenagon Asset Management S.A., Foster & Motley Inc. and CAPROCK Group Inc.. View Insider Buying and Selling for CenterPoint Energy.

How do I buy CenterPoint Energy stock?

Shares of CenterPoint Energy can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is CenterPoint Energy's stock price today?

One share of CenterPoint Energy stock can currently be purchased for approximately $29.70.


MarketBeat Community Rating for CenterPoint Energy (NYSE CNP)
Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  176 (Vote Outperform)
Underperform Votes:  364 (Vote Underperform)
Total Votes:  540
MarketBeat's community ratings are surveys of what our community members think about CenterPoint Energy and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for CenterPoint Energy (NYSE:CNP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 6 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.14)
Consensus Price Target: $28.57 (3.80% downside)
Consensus Price Target History for CenterPoint Energy (NYSE:CNP)
Price Target History for CenterPoint Energy (NYSE:CNP)
Analysts' Ratings History for CenterPoint Energy (NYSE:CNP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/12/2017J P Morgan Chase & CoSet Price TargetHold$29.00 -> $30.00N/AView Rating Details
10/2/2017SunTrust Banks, Inc.Reiterated RatingHold$30.00LowView Rating Details
9/11/2017Royal Bank Of CanadaReiterated RatingHold$29.00MediumView Rating Details
8/14/2017Credit Suisse GroupUpgradeUnderperform -> Neutral$28.82 -> $29.00LowView Rating Details
4/11/2017Deutsche Bank AGBoost Price TargetHold$27.00 -> $28.00LowView Rating Details
3/20/2017Barclays PLCBoost Price TargetEqual Weight$27.00 -> $29.00LowView Rating Details
11/3/2016GuggenheimInitiated CoverageBuy$25.00N/AView Rating Details
9/12/2016Evercore ISIInitiated CoverageHoldN/AView Rating Details
7/5/2016Tudor PickeringDowngradeBuy -> HoldN/AView Rating Details
7/1/2016ArgusReiterated RatingBuy$26.00 -> $28.00N/AView Rating Details
6/22/2016Wells Fargo & CompanyDowngradeOutperform -> Market PerformN/AView Rating Details
5/9/2016Goldman Sachs Group, Inc. (The)UpgradeSell -> Neutral$18.00 -> $21.00N/AView Rating Details
1/28/2016MacquarieLower Price TargetNeutral$20.00 -> $17.50N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for CenterPoint Energy (NYSE:CNP)
Earnings by Quarter for CenterPoint Energy (NYSE:CNP)
Earnings History by Quarter for CenterPoint Energy (NYSE CNP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2017$0.40N/AView Earnings Details
8/3/2017Q2 2017$0.22$0.29$1.98 billion$2.14 billionViewListenView Earnings Details
5/5/2017Q1 2017$0.36$0.37$2.14 billion$2.74 billionViewN/AView Earnings Details
2/28/2017Q416$0.28$0.26$2.18 billion$2.08 billionViewListenView Earnings Details
11/4/2016Q316$0.37$0.41$1.98 billion$1.89 billionViewN/AView Earnings Details
8/5/2016Q216$0.20$0.17$1.62 billion$1.57 billionViewN/AView Earnings Details
5/10/2016Q116$0.31$0.36$2.42 billion$1.98 billionViewListenView Earnings Details
2/26/2016Q415$0.23$0.26$2.85 billion$1.79 billionViewListenView Earnings Details
11/5/2015Q315$0.30$0.34$1.96 billion$1.63 billionViewListenView Earnings Details
8/10/2015Q215$0.20$0.18$1.87 billion$1.53 billionViewListenView Earnings Details
5/11/2015Q115$0.33$0.30$2.88 billion$2.43 billionViewListenView Earnings Details
2/26/2015Q414$0.26$0.34$1.48 billion$2.37 billionViewListenView Earnings Details
11/5/2014Q314$0.30$0.33$1.82 billion$1.81 billionViewN/AView Earnings Details
8/6/2014Q2$0.24$0.25$1.82 billion$1.88 billionViewListenView Earnings Details
5/1/2014Q114$0.34$0.43$2.28 billion$3.16 billionViewN/AView Earnings Details
2/26/2014Q413$0.28$0.26$1.66 billion$2.18 billionViewN/AView Earnings Details
11/6/2013Q313$0.35$0.40$1.91 billion$1.71 billionViewN/AView Earnings Details
8/1/2013Q2 2013$0.28$0.30$1.67 billion$1.53 billionViewN/AView Earnings Details
5/2/2013Q1 2013$0.37$0.34$2.37 billion$2.39 billionViewN/AView Earnings Details
2/27/2013Q4 2012$0.21$0.31$2.43 billion$2.15 billionViewN/AView Earnings Details
11/7/2012Q312$0.33$0.40$2.21 billion$1.80 billionViewN/AView Earnings Details
8/2/2012$0.25$0.27ViewN/AView Earnings Details
5/3/2012$0.33$0.34ViewN/AView Earnings Details
2/29/2012$0.19$0.27ViewN/AView Earnings Details
11/2/2011$0.29$0.38ViewN/AView Earnings Details
8/4/2011$0.23$0.28ViewN/AView Earnings Details
5/5/2011$0.33$0.35ViewN/AView Earnings Details
3/1/2011$0.29$0.29ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for CenterPoint Energy (NYSE:CNP)
2017 EPS Consensus Estimate: $1.22
2018 EPS Consensus Estimate: $1.45
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.36$0.36$0.36
Q2 20171$0.19$0.19$0.19
Q3 20171$0.41$0.41$0.41
Q4 20171$0.26$0.26$0.26
Q1 20181$0.40$0.40$0.40
Q2 20181$0.32$0.32$0.32
Q3 20181$0.44$0.44$0.44
Q4 20181$0.29$0.29$0.29
Q1 20191$0.42$0.42$0.42
Q2 20191$0.34$0.34$0.34
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for CenterPoint Energy (NYSE:CNP)
Most Recent Dividend:9/8/2017
Annual Dividend:$1.07
Dividend Yield:3.60%
Dividend Growth:7.50% (3 Year Average)
Payout Ratio:76.98% (Trailing 12 Months of Earnings)
80.45% (Based on This Year's Estimates)
75.35% (Based on Next Year's Estimates)
Track Record:11 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for CenterPoint Energy (NYSE:CNP)

Dividend History by Quarter for CenterPoint Energy (NYSE CNP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/27/2017quarterly$0.273.79%8/14/20178/16/20179/8/2017
4/27/2017quarterly$0.273.75%5/12/20175/16/20176/9/2017
1/5/2017quarterly$0.274.22%2/14/20172/16/20173/10/2017
10/27/2016quarterly$0.264.57%11/14/201611/16/201612/9/2016
7/28/2016quarterly$0.264.31%8/12/20168/16/20169/9/2016
4/28/2016quarterly$0.264.8%5/12/20165/16/20166/10/2016
1/20/2016quarterly$0.265.68%2/9/20162/16/20163/10/2016
10/21/2015quarterly$0.255.18%11/10/201511/13/201512/10/2015
7/24/2015quarterly$0.255.3%8/12/20158/14/20159/10/2015
4/23/2015quarterly$0.254.7%5/13/20155/15/20156/10/2015
1/26/2015quarterly$0.254.28%2/11/20152/13/20153/10/2015
10/21/2014quarterly$0.244.04%11/12/201411/14/201412/10/2014
7/24/2014quarterly$0.243.82%8/13/20148/15/20149/10/2014
4/24/2014quarterly$0.243.82%5/14/20145/16/20146/10/2014
1/20/2014quarterly$0.243.99%2/12/20142/14/20143/10/2014
10/23/2013quarterly$0.213.37%11/13/201311/15/201312/10/2013
7/25/2013quarterly$0.213.34%8/14/20138/16/20139/10/2013
4/25/2013quarterly$0.213.42%5/14/20135/16/20136/10/2013
1/25/2013quarterly$0.214.1%2/13/20132/15/20133/8/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for CenterPoint Energy (NYSE:CNP)
Insider Ownership Percentage: 0.20%
Institutional Ownership Percentage: 76.84%
Insider Trades by Quarter for CenterPoint Energy (NYSE:CNP)
Institutional Ownership by Quarter for CenterPoint Energy (NYSE:CNP)
Insider Trades by Quarter for CenterPoint Energy (NYSE:CNP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/2/2017Scott M. ProchazkaCEOSell1,000$29.08$29,080.00View SEC Filing  
9/1/2017Scott M. ProchazkaCEOSell1,000$29.61$29,610.00View SEC Filing  
8/1/2017Scott M. ProchazkaCEOSell1,000$28.23$28,230.00View SEC Filing  
7/3/2017Scott M. ProchazkaCEOSell1,000$27.66$27,660.00View SEC Filing  
6/1/2017Scott M. ProchazkaCEOSell1,000$28.67$28,670.00View SEC Filing  
4/3/2017Scott M. ProchazkaCEOSell1,000$27.45$27,450.00View SEC Filing  
5/13/2016Joseph B McgoldrickVPSell9,000$22.23$200,070.00View SEC Filing  
11/16/2015Janiece M LongoriaDirectorSell3,000$17.03$51,090.00View SEC Filing  
6/2/2015Tracy B BridgeVPBuy10,000$19.80$198,000.00View SEC Filing  
6/1/2015Tracy B BridgeVPBuy10,000$20.20$202,000.00View SEC Filing  
5/15/2015Phillip R SmithDirectorBuy2,000$20.28$40,560.00View SEC Filing  
5/14/2015Joseph B McgoldrickVPBuy10,000$20.15$201,500.00View SEC Filing  
5/13/2015William D RogersCFOBuy20,000$19.81$396,200.00View SEC Filing  
6/6/2014Milton CarrollChairmanSell9,795$24.11$236,157.45View SEC Filing  
5/5/2014Milton CarrollChairmanSell10,333$24.44$252,538.52View SEC Filing  
12/3/2013David McclanahanCEOSell106,100$23.01$2,441,361.00View SEC Filing  
5/8/2013Joseph B McgoldrickSVPSell2,000$24.40$48,800.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for CenterPoint Energy (NYSE:CNP)
Latest Headlines for CenterPoint Energy (NYSE:CNP)
Source:
Loading headlines, please wait.

Social

Chart

CenterPoint Energy (CNP) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.