Top-Rated Dividend Stocks NYSE:CNP CenterPoint Energy - CNP Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding CenterPoint Energy, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $28.24 -0.91 (-3.12%) (As of 03/21/2023 12:00 AM ET) Add Compare Share Share Today's Range$27.83▼$29.3150-Day Range$27.36▼$31.3152-Week Range$25.03▼$33.50Volume5.47 million shsAverage Volume4.03 million shsMarket Capitalization$17.82 billionP/E Ratio17.76Dividend Yield2.69%Price Target$32.78 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability CenterPoint Energy MarketRank™ ForecastAnalyst RatingModerate Buy2.88 Rating ScoreUpside/Downside15.3% Upside$32.56 Price TargetShort InterestHealthy1.51% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-5.23Upright™ Environmental ScoreNews Sentiment1.12Based on 10 Articles This WeekInsider TradingN/AProj. Earnings Growth8.72%From $1.49 to $1.62 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.58 out of 5 starsUtilities Sector24th out of 85 stocksElectric Services Industry14th out of 40 stocks 2.4 Analyst's Opinion Consensus RatingCenterPoint Energy has received a consensus rating of Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $32.56, CenterPoint Energy has a forecasted upside of 15.3% from its current price of $28.24.Amount of Analyst CoverageCenterPoint Energy has only been the subject of 3 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.51% of the outstanding shares of CenterPoint Energy have been sold short.Short Interest Ratio / Days to CoverCenterPoint Energy has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in CenterPoint Energy has recently decreased by 12.52%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldCenterPoint Energy pays a meaningful dividend of 2.62%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCenterPoint Energy has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of CenterPoint Energy is 47.80%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, CenterPoint Energy will have a dividend payout ratio of 46.91% next year. This indicates that CenterPoint Energy will be able to sustain or increase its dividend. Previous Next 1.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCenterPoint Energy has received a -28.59% net impact score from Upright. The largest negative impact of CenterPoint Energy in category "GHG emissions" seems to be driven mostly by its "Natural gas distribution services", "Construction of natural gas pipelines", and "Electric power transmission lines" products. See details.Environmental SustainabilityThe Environmental Impact score for CenterPoint Energy is -5.23. Previous Next 2.8 News and Social Media Coverage News SentimentCenterPoint Energy has a news sentiment score of 1.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.47 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 10 news articles for CenterPoint Energy this week, compared to 5 articles on an average week.Search InterestOnly 7 people have searched for CNP on MarketBeat in the last 30 days. This is a decrease of -36% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added CenterPoint Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CenterPoint Energy insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.18% of the stock of CenterPoint Energy is held by insiders.Percentage Held by Institutions90.28% of the stock of CenterPoint Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for CenterPoint Energy are expected to grow by 8.72% in the coming year, from $1.49 to $1.62 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CenterPoint Energy is 17.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.99.Price to Earnings Ratio vs. SectorThe P/E ratio of CenterPoint Energy is 17.76, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 104.28.Price to Earnings Growth RatioCenterPoint Energy has a PEG Ratio of 2.79. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCenterPoint Energy has a P/B Ratio of 1.92. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About CenterPoint Energy (NYSE:CNP) StockCenterPoint Energy, Inc. is a holding company, which engages in the business of power generation and distribution. It operates through the following segments: CenterPoint Energy, Houston Electric, and CERC. The CenterPoint Energy segment consists of electric transmission and distribution services in the Texas gulf coast area in the ERCOT region and electric transmission and distribution services primarily to southwestern Indiana and includes power generation and wholesale power operations in the MISO region. The Houston Electric segment consists of electric transmission services to transmission services customers in the ERCOT region and distribution services to REPs serving the Texas gulf coast area. The CERC segment covers the Restructuring consisting of intrastate natural gas sales to, and natural gas transportation and distribution for residential, commercial, industrial and institutional customers in Indiana, Louisiana, Minnesota, Mississippi, Ohio and Texas, and permanent pipeline connections through interconnects with various interstate and intrastate pipeline companies through CEIP. The company was founded in 1866 and is headquartered in Houston, TX.Read More Receive CNP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CenterPoint Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address CNP Stock News HeadlinesMarch 19, 2023 | americanbankingnews.comCenterPoint Energy (NYSE:CNP) Research Coverage Started at StockNews.comMarch 18, 2023 | nasdaq.comS&P 500 Analyst Moves: CNPMarch 21, 2023 | Stansberry Research (Ad)The gold catalyst we’ve waited forIf you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK. March 16, 2023 | marketwatch.comCenterPoint Energy Inc. stock rises Thursday, still underperforms marketMarch 15, 2023 | finance.yahoo.comCenterPoint Energy announces appointment of Christopher Foster as Executive Vice President and Chief Financial OfficerMarch 15, 2023 | finance.yahoo.comUPDATE 2-PG&E finance head Foster resigns to join CenterPoint Energy as CFOMarch 10, 2023 | finance.yahoo.comCNP or MGEE: Which Is the Better Value Stock Right Now?March 10, 2023 | finance.yahoo.comCenterPoint Energy Announces 2023 Annual Meeting of ShareholdersMarch 21, 2023 | Stansberry Research (Ad)The gold catalyst we’ve waited forIf you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK. March 6, 2023 | benzinga.comCenterPoint Energy Stock (NYSE:CNP), Earnings Estimates, EPS, and RevenueMarch 6, 2023 | msn.comWhat 4 Analyst Ratings Have To Say About CenterPoint EnergyMarch 5, 2023 | thestreet.comStorm The Castle: CenterPoint Energy (CNP)March 1, 2023 | marketwatch.comCenterPoint Energy Inc. stock outperforms competitors despite losses on the dayFebruary 28, 2023 | marketwatch.comCenterPoint Energy Inc. stock underperforms Tuesday when compared to competitorsFebruary 24, 2023 | morningstar.comCenterPoint Energy Delivers on Growth Targets, Reports Strong Full-Year ResultsFebruary 21, 2023 | msn.comBest Utility Stocks, According to AnalystsFebruary 21, 2023 | markets.businessinsider.comAnalysts Are Bullish on These Utilities Stocks: Centerpoint Energy (CNP), Vital Energy (VTLE)February 20, 2023 | finance.yahoo.comCenterPoint Energy, Inc. (NYSE:CNP) Q4 2022 Earnings Call TranscriptFebruary 20, 2023 | msn.comCenterPoint Energy Earnings Perspective: Return On Capital EmployedFebruary 19, 2023 | seekingalpha.comCenterPoint Energy, Inc. (CNP) Q4 2022 Earnings Call TranscriptFebruary 17, 2023 | finance.yahoo.comCenterPoint Energy (CNP) Q4 Earnings Lag EstimatesFebruary 17, 2023 | finance.yahoo.comCenterPoint Energy (CNP) Q4 Earnings Miss, Reaffirms 2023 ViewFebruary 17, 2023 | reuters.comCenterPoint Energy misses quarterly profit estimates on higher costsFebruary 17, 2023 | markets.businessinsider.comCenterPoint Energy Inc Q4 Profit Decreases, misses estimatesFebruary 17, 2023 | markets.businessinsider.comCenterPoint Energy Reiterates 2023 GuidanceFebruary 17, 2023 | finance.yahoo.comCenterPoint Energy Reports Q4 and Strong Full-Year 2022 Results; Reiterates 2023 GuidanceFebruary 16, 2023 | finance.yahoo.comInvesting in CenterPoint Energy (NYSE:CNP) three years ago would have delivered you a 23% gainSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive CNP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CenterPoint Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address CNP Company Calendar Ex-Dividend for 3/9 Dividend2/15/2023Last Earnings2/17/2023Dividend Payable3/09/2023Dividend Payable3/09/2023Today3/21/2023Next Earnings (Estimated)5/02/2023Fiscal Year End12/31/2023Ex-Dividend for 3/9 Dividend1/01/2100Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Electric services Sub-IndustryMulti-Utilities SectorUtilities Current SymbolNYSE:CNP CUSIP15189T10 CIK1130310 Webwww.centerpointenergy.com Phone(713) 207-1111Fax713-207-3169Employees8,986Year Founded1866Price Target and Rating Average Stock Price Forecast$32.56 High Stock Price Forecast$35.00 Low Stock Price Forecast$28.00 Forecasted Upside/Downside+16.1%Consensus RatingModerate Buy Rating Score (0-4)2.88 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$1.59 Trailing P/E Ratio17.76 Forward P/E Ratio18.95 P/E Growth2.79Net Income$1.06 billion Net Margins11.21% Pretax Margin15.20% Return on Equity9.88% Return on Assets2.48% Debt Debt-to-Equity Ratio0.02 Current Ratio0.92 Quick Ratio0.75 Sales & Book Value Annual Sales$9.32 billion Price / Sales1.91 Cash Flow$3.41 per share Price / Cash Flow8.28 Book Value$14.70 per share Price / Book1.92Miscellaneous Outstanding Shares631,000,000Free Float629,867,000Market Cap$17.82 billion OptionableOptionable Beta0.87 Social Links Key ExecutivesDavid J. LesarChief Executive Officer & DirectorJason P. WellsPresident, Chief Operating Officer & CFOKenny ColemanChief Information Officer & Senior Vice PresidentLynne Harkel-RumfordChief Human Resources Officer & Executive VPMonica KaruturiExecutive Vice President & General CounselKey CompetitorsDTE EnergyNYSE:DTEDominion EnergyNYSE:DFortisNYSE:FTSPPLNYSE:PPLAvangridNYSE:AGRView All CompetitorsInsiders & InstitutionsB. Riley Wealth Advisors Inc.Bought 7,546 shares on 3/15/2023Ownership: 0.001%Victory Capital Management Inc.Bought 176,581 shares on 3/10/2023Ownership: 0.306%Mather Group LLC.Bought 6,889 shares on 3/10/2023Ownership: 0.001%Rockefeller Capital Management L.P.Bought 1,153 shares on 3/6/2023Ownership: 0.001%Voya Investment Management LLCBought 5,193 shares on 2/28/2023Ownership: 0.036%View All Insider TransactionsView All Institutional Transactions CNP Stock - Frequently Asked Questions Should I buy or sell CenterPoint Energy stock right now? 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CenterPoint Energy in the last year. There are currently 1 hold rating and 7 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? 8 brokers have issued 12 month target prices for CenterPoint Energy's shares. Their CNP share price forecasts range from $28.00 to $35.00. On average, they predict the company's share price to reach $32.56 in the next twelve months. This suggests a possible upside of 15.3% 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 2023? CenterPoint Energy's stock was trading at $29.99 at the beginning of the year. Since then, CNP stock has decreased by 5.8% and is now trading at $28.24. View the best growth stocks for 2023 here. Are investors shorting CenterPoint Energy? CenterPoint Energy saw a drop in short interest during the month of February. As of February 28th, there was short interest totaling 9,500,000 shares, a drop of 12.5% from the February 13th total of 10,860,000 shares. Based on an average daily volume of 3,500,000 shares, the days-to-cover ratio is currently 2.7 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, May 2nd 2023. View our CNP earnings forecast. How were CenterPoint Energy's earnings last quarter? CenterPoint Energy, Inc. (NYSE:CNP) released its quarterly earnings results on Friday, February, 17th. The utilities provider reported $0.28 EPS for the quarter, missing analysts' consensus estimates of $0.29 by $0.01. The utilities provider earned $2.71 billion during the quarter, compared to analysts' expectations of $2.29 billion. CenterPoint Energy had a trailing twelve-month return on equity of 9.88% and a net margin of 11.21%. During the same quarter last year, the company earned $0.36 EPS. Read the conference call transcript. How often does CenterPoint Energy pay dividends? What is the dividend yield for CenterPoint Energy? CenterPoint Energy announced a quarterly dividend on Thursday, December 15th. Investors of record on Thursday, February 16th will be paid a dividend of $0.19 per share on Thursday, March 9th. This represents a $0.76 dividend on an annualized basis and a yield of 2.69%. The ex-dividend date is Wednesday, February 15th. This is a positive change from the stock's previous quarterly dividend of $0.18. Read our dividend analysis for CNP. What ETFs hold CenterPoint Energy's stock? ETFs with the largest weight of CenterPoint Energy (NYSE:CNP) stock in their portfolio include Invesco S&P 500 Equal Weight Utilities ETF (RYU), Invesco Real Assets ESG ETF (IVRA), First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL), Invesco DWA Utilities Momentum ETF (PUI), First Trust Utilities AlphaDEX Fund (FXU), Nuveen ESG Mid-Cap Value ETF (NUMV), Utilities Select Sector SPDR Fund (XLU) and Neuberger Berman Carbon Transition & Infrastructure ETF (NBCT). Is CenterPoint Energy a good dividend stock? CenterPoint Energy (NYSE:CNP) pays an annual dividend of $0.76 per share and currently has a dividend yield of 2.62%. 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 47.80%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CNP will have a dividend payout ratio of 46.91% 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 Monday, February, 20th. The company provided earnings per share guidance of $1.48-$1.50 for the period, compared to the consensus 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 number of institutional and retail investors. Top institutional investors include Boston Partners (3.99%), Deutsche Bank AG (3.58%), Geode Capital Management LLC (2.03%), JPMorgan Chase & Co. (1.67%), Jennison Associates LLC (1.47%) and Neuberger Berman Group LLC (1.43%). Insiders that own company stock include Barry T Smitherman, David J Lesar, David J Lesar, Jason P Wells and Leslie D Biddle. 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 $28.24. How much money does CenterPoint Energy make? CenterPoint Energy (NYSE:CNP) has a market capitalization of $17.82 billion and generates $9.32 billion in revenue each year. The utilities provider earns $1.06 billion in net income (profit) each year or $1.59 on an earnings per share basis. How many employees does CenterPoint Energy have? The company employs 8,986 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..Read More 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 3/21/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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