NYSE:CNP

CenterPoint Energy Stock Forecast, Price & News

$21.46

+0.61 (+2.93 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

$21.00

Now: $21.46▼

$21.52

50-Day Range

$20.70

MA: $21.86▼

$24.07

52-Week Range

$11.58

Now: $21.46▼

$27.53

Volume5.41 million shs

Average Volume3.97 million shs

Market Capitalization$11.69 billion

P/E RatioN/A

Dividend Yield2.88%

Beta0.95

CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company's Houston Electric T&D segment electric transmission and distribution services to electric utility. It owns 236 substation sites with a total installed rated transformer capacity of 68,053 megavolt amperes. Its Indiana Electric Integrated segment provides energy delivery services to electric customers and electric generation assets to electric customers and wholesale markets. The company's 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 home appliance maintenance and repair services. This segment owns approximately 98,000 linear miles of natural gas distribution mains. Its 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. It owns and operates 210 miles of intrastate pipeline in Louisiana and Texas; and leases transportation capacity on various interstate and intrastate pipelines, and storage. The company's Infrastructure Services segment offers underground pipeline construction and repair services. Its Midstream Investment 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. As of March 2, 2020, it served approximately 7 million electric and natural gas metered customers. CenterPoint Energy, Inc. was founded in 1866 and is headquartered in Houston, Texas.

MarketRank^™

Overall MarketRank^™

1.93 out of 5 stars

Utilities Sector

45th out of 243 stocks

Electric Services Industry

18th out of 71 stocks

2.2 Analyst's Opinion

Consensus Rating
CenterPoint Energy has received a consensus rating of Hold. The company's average rating score is 2.47, and is based on 7 buy ratings, 8 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $21.40, CenterPoint Energy has a forecasted downside of 0.3% from its current price of $21.46.
Amount of Analyst Coverage
CenterPoint Energy has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0 Community Rank

Outperform Votes
CenterPoint Energy has received 403 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
CenterPoint Energy has received 584 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
CenterPoint Energy has received 59.17% “underperform” votes from our community.

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.

2.5 Dividend Strength

Dividend Yield
CenterPoint Energy pays a meaningful dividend of 2.88%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
CenterPoint Energy has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of CenterPoint Energy is 33.52%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, CenterPoint Energy will have a dividend payout ratio of 42.55% next year. This indicates that CenterPoint Energy will be able to sustain or increase its dividend.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CenterPoint Energy insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.13% of the stock of CenterPoint Energy is held by insiders.
Percentage Held by Institutions
91.14% of the stock of CenterPoint Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for CenterPoint Energy are expected to grow by 7.63% in the coming year, from $1.31 to $1.41 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CenterPoint Energy is -11.01, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of CenterPoint Energy is -11.01, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
CenterPoint Energy has a PEG Ratio of 2.95. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
CenterPoint Energy has a P/B Ratio of 1.63. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Electric services

Sub-IndustryMulti-Utilities

SectorUtilities

Current SymbolNYSE:CNP

Previous Symbol

CUSIP15189T10

CIK1130310

Webwww.centerpointenergy.com

Phone713-207-1111

Employees14,262

Debt

Debt-to-Equity Ratio2.01

Current Ratio0.73

Quick Ratio0.59

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio16.38

P/E Growth2.95

Sales & Book Value

Annual Sales$12.30 billion

Price / Sales0.95

Cash Flow$4.59 per share

Price / Cash Flow4.68

Book Value$13.18 per share

Price / Book1.63

Profitability

EPS (Most Recent Fiscal Year)$1.79

Net Income$791 million

Net Margins-9.49%

Return on Equity14.78%

Return on Assets2.62%

Miscellaneous

Outstanding Shares544,820,000

Market Cap$11.69 billion

Next Earnings Date2/25/2021 (Confirmed)

OptionableOptionable

$21.46

+0.61 (+2.93 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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CenterPoint Energy (NYSE:CNP) Frequently Asked Questions

How has CenterPoint Energy's stock price been impacted by Coronavirus?

CenterPoint Energy's stock was trading at $17.66 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CNP stock has increased by 21.5% and is now trading at $21.46.
View which stocks have been most impacted by COVID-19.

Is CenterPoint Energy a buy right now?

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CenterPoint Energy in the last year. There are currently 8 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CenterPoint Energy stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CNP, but not buy additional shares or sell existing shares.
View analyst ratings for CenterPoint Energy or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than CenterPoint Energy?

Wall Street analysts have given CenterPoint Energy a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but CenterPoint Energy wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is CenterPoint Energy's next earnings date?

CenterPoint Energy is scheduled to release its next quarterly earnings announcement on Thursday, February 25th 2021.
View our earnings forecast for CenterPoint Energy.

How can I listen to CenterPoint Energy's earnings call?

CenterPoint Energy will be holding an earnings conference call on Thursday, February 25th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were CenterPoint Energy's earnings last quarter?

CenterPoint Energy, Inc. (NYSE:CNP) announced its quarterly earnings results on Thursday, November, 5th. The utilities provider reported $0.34 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.30 by $0.04. The utilities provider had revenue of $1.62 billion for the quarter, compared to analyst estimates of $1.72 billion. CenterPoint Energy had a negative net margin of 9.49% and a positive return on equity of 14.78%. The business's revenue for the quarter was down 2.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.53 EPS.
View CenterPoint Energy's earnings history.

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

CenterPoint Energy announced a quarterly dividend on Thursday, December 10th. Stockholders of record on Thursday, February 18th will be given a dividend of $0.16 per share on Thursday, March 11th. This represents a $0.64 annualized dividend and a dividend yield of 2.98%. The ex-dividend date of this dividend is Wednesday, February 17th. This is a boost from CenterPoint Energy's previous quarterly dividend of $0.15.
View CenterPoint Energy's dividend history.

Is CenterPoint Energy a good dividend stock?

CenterPoint Energy pays an annual dividend of $0.60 per share and currently has a dividend yield of 2.88%. CenterPoint Energy does not yet have a strock track record of dividend growth. The dividend payout ratio of CenterPoint Energy is 33.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CenterPoint Energy will have a dividend payout ratio of 42.55% next year. This indicates that CenterPoint Energy will be able to sustain or increase its dividend.
View CenterPoint Energy's dividend history.

What price target have analysts set for CNP?

15 analysts have issued 1-year price targets for CenterPoint Energy's stock. Their forecasts range from $16.00 to $27.00. On average, they anticipate CenterPoint Energy's share price to reach $21.40 in the next twelve months. This suggests that the stock has a possible downside of 0.3%.
View analysts' price targets for CenterPoint Energy or view Wall Street analyst' top-rated stocks.

Who are some of CenterPoint Energy's key competitors?

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

Who are CenterPoint Energy's key executives?

CenterPoint Energy's management team includes the following people:

Mr. Milton Carroll, Exec. Chairman (Age 70, Pay $754.3k)
Mr. Scott Edward Doyle, Exec. VP of Natural Gas (Age 48, Pay $838.55k)
Mr. David John Lesar CPA, Pres, CEO & Director (Age 66)
Mr. Jason P. Wells, Exec. VP & CFO (Age 42)
Ms. Kristie L. Colvin, Sr. VP & Chief Accounting Officer (Age 56)
Mr. Kenneth E. Coleman, Sr. VP & Chief Information Officer
Mr. David Mordy, Director of Investor Relations
Ms. Carol R. Helliker, Chief Ethics & Compliance Officer, Sr. VP & Deputy Gen. Counsel (Age 59)
Ms. Monica Karuturi, Sr. VP & Gen. Counsel
Floyd J. LeBlanc, VP of Corp. Communications & Public Affairs (Age 60)

What is CenterPoint Energy's stock symbol?

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

Who are CenterPoint Energy's major shareholders?

CenterPoint Energy's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Scout Investments Inc. (0.34%), Wedge Capital Management L L P NC (0.13%), Redpoint Investment Management Pty Ltd (0.04%), State of Alaska Department of Revenue (0.02%), IFM Investors Pty Ltd (0.01%) and Old Port Advisors (0.01%). Company insiders that own CenterPoint Energy stock include David J Lesar, Joseph John Vortherms, Milton Carroll and Scott M Prochazka.
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 Scout Investments Inc., Wedge Capital Management L L P NC, Redpoint Investment Management Pty Ltd, Crossmark Global Holdings Inc., NuWave Investment Management LLC, State of Alaska Department of Revenue, Raymond James Trust N.A., and Global Retirement Partners LLC.
View insider buying and selling activity for CenterPoint Energy or view top insider-selling stocks.

Which major investors are buying CenterPoint Energy stock?

CNP stock was bought by a variety of institutional investors in the last quarter, including IFM Investors Pty Ltd, and Louisiana State Employees Retirement System.
View insider buying and selling activity for CenterPoint Energy or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is CenterPoint Energy's stock price today?

One share of CNP stock can currently be purchased for approximately $21.46.

How big of a company is CenterPoint Energy?

CenterPoint Energy has a market capitalization of $11.69 billion and generates $12.30 billion in revenue each year. The utilities provider earns $791 million in net income (profit) each year or $1.79 on an earnings per share basis. CenterPoint Energy employs 14,262 workers across the globe.

What is CenterPoint Energy's official website?

The official website for CenterPoint Energy is 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.

This page was last updated on 1/17/2021 by MarketBeat.com Staff

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