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No OPEC+ oil shakeup as Russian price cap stirs uncertainty
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As Musk is learning, content moderation is a messy job
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Tiny $4 Company to “Steal” Billions From Tesla?  (Ad)
FDA change ushers in cheaper, easier-to-get hearing aids
OPEC keeps oil targets amid uncertainty on Russian sanctions
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
The Small Biotech Scaring Big Pharma (Ad)
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
Why Your IRA Could Crash on January 16th? (Ad)
As Musk is learning, content moderation is a messy job
Reformers take 6 of 14 UAW board seats, could win majority
Tiny $4 Company to “Steal” Billions From Tesla?  (Ad)
FDA change ushers in cheaper, easier-to-get hearing aids
OPEC keeps oil targets amid uncertainty on Russian sanctions
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
The Small Biotech Scaring Big Pharma (Ad)
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
Why Your IRA Could Crash on January 16th? (Ad)
As Musk is learning, content moderation is a messy job
Reformers take 6 of 14 UAW board seats, could win majority
Tiny $4 Company to “Steal” Billions From Tesla?  (Ad)
FDA change ushers in cheaper, easier-to-get hearing aids
OPEC keeps oil targets amid uncertainty on Russian sanctions
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
The Small Biotech Scaring Big Pharma (Ad)
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
Why Your IRA Could Crash on January 16th? (Ad)
As Musk is learning, content moderation is a messy job
Reformers take 6 of 14 UAW board seats, could win majority
Tiny $4 Company to “Steal” Billions From Tesla?  (Ad)
FDA change ushers in cheaper, easier-to-get hearing aids
OPEC keeps oil targets amid uncertainty on Russian sanctions

CenterPoint Energy - CNP Stock Forecast, Price & News

$30.67
-0.36 (-1.16%)
(As of 12/2/2022 12:00 AM ET)
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Compare
Today's Range
$30.30
$30.84
50-Day Range
$25.55
$31.11
52-Week Range
$25.03
$33.50
Volume
3.42 million shs
Average Volume
3.48 million shs
Market Capitalization
$19.31 billion
P/E Ratio
12.73
Dividend Yield
2.35%
Price Target
$31.08

CenterPoint Energy MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
1.3% Upside
$31.08 Price Target
Short Interest
Healthy
1.88% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-5.71
Upright™ Environmental Score
News Sentiment
-0.18mentions of CenterPoint Energy in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
$227,182 Bought Last Quarter
Proj. Earnings Growth
7.91%
From $1.39 to $1.50 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.27 out of 5 stars

Utilities Sector

46th out of 89 stocks

Electric Services Industry

21st out of 43 stocks

CNP stock logo

About CenterPoint Energy (NYSE:CNP) Stock

CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company operates through Electric and Natural Gas segments. The Electric segment includes electric transmission and distribution services to electric customers and electric generation assets, as well as assets in the wholesale power market. The Natural Gas segment provides natural gas distribution services, as well as home appliance maintenance and repair services to customers in Minnesota; and home repair protection plans to natural gas customers in Arkansas, Indiana, Mississippi, Ohio, Oklahoma, and Texas and Louisiana through a third party. This segment also engages in the sale of regulated intrastate natural gas, and transportation and storage of natural gas for residential, commercial, industrial, and transportation customers. As of December 31, 2021, it served approximately 2.7 million metered customers; owned 239 substation sites with a total installed rated transformer capacity of 71,241 megavolt amperes; operated approximately 1,00,000 linear miles of natural gas distribution and transmission mains; and owned and operated 285 miles of intrastate pipeline in Louisiana, Texas, and Oklahoma. The company was founded in 1866 and is headquartered in Houston, Texas.

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CNP Stock News Headlines

Brokerages Set CenterPoint Energy, Inc. (NYSE:CNP) PT at $31.08
When Should You Buy CenterPoint Energy, Inc. (NYSE:CNP)?
Director of CenterPoint Energy Makes $227K Buy
CenterPoint Energy: Q3 Earnings Insights
CenterPoint promotes CFO to president and COO
Avangrid (AGR) Q3 Earnings Lag Estimates
CNP December 16th Options Begin Trading
AVA vs. CNP: Which Stock Is the Better Value Option?
See More Headlines
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CNP Company Calendar

Ex-Dividend for 9/8 Dividend
8/17/2022
Dividend Payable
9/08/2022
Last Earnings
11/01/2022
Ex-Dividend for 12/8 Dividend
11/16/2022
Today
12/04/2022
Dividend Payable
12/08/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/28/2023

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
Multi-Utilities
Sector
Utilities
CUSIP
15189T10
Employees
9,418
Year Founded
1866

Price Target and Rating

Average Stock Price Forecast
$31.08
High Stock Price Forecast
$34.00
Low Stock Price Forecast
$29.00
Forecasted Upside/Downside
+1.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
12 Analysts

Profitability

Net Income
$1.49 billion
Pretax Margin
14.97%

Debt

Sales & Book Value

Annual Sales
$8.35 billion
Cash Flow
$3.69 per share
Book Value
$14.61 per share

Miscellaneous

Free Float
628,969,000
Market Cap
$19.31 billion
Optionable
Optionable
Beta
0.87

Social Links


Key Executives

  • Mr. David John Lesar B.Sc. (Age 68)
    C.P.A., CPA, M.B.A., Pres, CEO & Director
    Comp: $4.45M
  • Mr. Jason P. WellsMr. Jason P. Wells (Age 44)
    Exec. VP & CFO
    Comp: $1.58M
  • Ms. Monica Karuturi (Age 43)
    Exec. VP & Gen. Counsel
    Comp: $1.05M
  • Mr. Scott Edward Doyle (Age 50)
    Exec. VP of Utility Operations
    Comp: $1.02M
  • Ms. Kara Gostenhofer Ryan (Age 39)
    VP & Chief Accounting Officer
  • Mr. Kenneth E. Coleman
    Sr. VP & Chief Information Officer
  • Jackie Richert
    VP of Investor Relations & Treasurer
  • Ms. Carol R. Helliker (Age 61)
    Chief Ethics & Compliance Officer, Sr. VP & Deputy Gen. Counsel
  • Ms. Lynne Louise Harkel-Rumford (Age 65)
    Exec. VP & Chief HR Officer
  • John C. Houston (Age 71)
    Division Sr. VP of Compliance & High Voltage Power Delivery













CNP Stock - Frequently Asked Questions

Should I buy or sell CenterPoint Energy stock right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CenterPoint Energy in the last year. There are currently 3 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CNP shares.
View CNP analyst ratings
or view top-rated stocks.

What is CenterPoint Energy's stock price forecast for 2023?

12 equities research analysts have issued 1-year price targets for CenterPoint Energy's shares. Their CNP share price forecasts range from $29.00 to $34.00. On average, they predict the company's stock price to reach $31.08 in the next year. This suggests a possible upside of 1.3% from the stock's current price.
View analysts price targets for CNP
or view top-rated stocks among Wall Street analysts.

How have CNP shares performed in 2022?

CenterPoint Energy's stock was trading at $27.91 on January 1st, 2022. Since then, CNP stock has increased by 9.9% and is now trading at $30.67.
View the best growth stocks for 2022 here
.

Are investors shorting CenterPoint Energy?

CenterPoint Energy saw a drop in short interest during the month of October. As of October 31st, there was short interest totaling 12,620,000 shares, a drop of 14.2% from the October 15th total of 14,710,000 shares. Based on an average daily volume of 4,230,000 shares, the short-interest ratio is presently 3.0 days.
View CenterPoint Energy's Short Interest
.

When is CenterPoint Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 28th 2023.
View our CNP earnings forecast
.

How were CenterPoint Energy's earnings last quarter?

CenterPoint Energy, Inc. (NYSE:CNP) issued its earnings results on Tuesday, November, 1st. The utilities provider reported $0.32 EPS for the quarter, beating the consensus estimate of $0.31 by $0.01. The utilities provider had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.74 billion. CenterPoint Energy had a net margin of 17.67% and a trailing twelve-month return on equity of 10.77%.

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

CenterPoint Energy announced a quarterly dividend on Thursday, September 29th. Investors of record on Thursday, November 17th will be given a dividend of $0.18 per share on Thursday, December 8th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.35%. The ex-dividend date is Wednesday, November 16th.
Read our dividend analysis for CNP
.

Is CenterPoint Energy a good dividend stock?

CenterPoint Energy (NYSE:CNP) pays an annual dividend of $0.72 per share and currently has a dividend yield of 2.35%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 29.88%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CNP will have a dividend payout ratio of 48.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CNP.

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

CenterPoint Energy issued an update on its FY 2023 earnings guidance on Tuesday, November, 8th. The company provided EPS guidance of $1.48-$1.50 for the period, compared to the consensus EPS estimate of $1.49. The company issued revenue guidance of -.

What is David J. Lesar's approval rating as CenterPoint Energy's CEO?

9 employees have rated CenterPoint Energy Chief Executive Officer David J. Lesar on Glassdoor.com. David J. Lesar has an approval rating of 100% among the company's employees. This puts David J. Lesar in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

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).

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 Vanguard Group Inc. (12.06%), BlackRock Inc. (8.16%), State Street Corp (5.53%), Boston Partners (3.98%), Pictet Asset Management SA (1.44%) and Jennison Associates LLC (1.36%). Insiders that own company 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
.

How do I buy shares of CenterPoint Energy?

Shares of CNP stock 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.
Compare Top Brokerages Here.

What is CenterPoint Energy's stock price today?

One share of CNP stock can currently be purchased for approximately $30.67.

How much money does CenterPoint Energy make?

CenterPoint Energy (NYSE:CNP) has a market capitalization of $19.31 billion and generates $8.35 billion in revenue each year. The utilities provider earns $1.49 billion in net income (profit) each year or $2.41 on an earnings per share basis.

How many employees does CenterPoint Energy have?

The company employs 9,418 workers across the globe.

Does CenterPoint Energy have any subsidiaries?
The following companies are subsidiares of CenterPoint Energy: Asgard Energy, CenterPoint Energy Houston Electric LLC, CenterPoint Energy Investment Management Inc., CenterPoint Energy Midstream Inc. , CenterPoint Energy Resources Corp. , Continuum Energy, Indiana Gas Company Inc, Southern Indiana Gas and Electric Company, Utility Holding LLC, Vectren Corporation, Vectren Energy Delivery of Ohio Inc., and Vectren Utility Holdings Inc..
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How can I contact CenterPoint Energy?

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

This page (NYSE:CNP) was last updated on 12/4/2022 by MarketBeat.com Staff