NYSE:CNPCenterPoint Energy Stock Price, Forecast & News Adding Choose a 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. Log In and Add $18.10 -0.36 (-1.95 %) (As of 06/4/2020 11:39 AM ET) Add Compare Share Today's Range$18.04Now: $18.10▼$18.3850-Day Range$15.51MA: $17.07▼$18.5952-Week Range$11.58Now: $18.10▼$30.71Volume1.81 million shsAverage Volume10.74 million shsMarket Capitalization$9.86 billionP/E RatioN/ADividend Yield3.31%Beta0.96 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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, 2018, it owned 235 substation sites with a total installed rated transformer capacity of 68,338 megavolt amperes; and 15 regional service centers located on a total of 332 acres of land. 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, 2018, this segment owned approximately 76,000 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. As of December 31, 20118, it owned and operated 200 miles of intrastate pipeline in Louisiana and Texas; and leases transportation capacity on various interstate and intrastate pipelines, and storage. 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. The company was founded in 1882 and is headquartered in Houston, Texas.Read More Beat the Market (BTM) Rank™ 3.1 Analyst's Opinion Consensus RatingCenterPoint Energy has received a consensus rating of Hold. The company's average rating score is 2.28, and is based on 7 buy ratings, 9 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $21.22, CenterPoint Energy has a potential upside of 16.8% from its current price of $18.17.Amount of Analyst CoverageCenterPoint Energy has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.1 Community Rank Outperform VotesCenterPoint Energy has received 397 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCenterPoint Energy has received 563 “underperform” votes. (Add your “underperform” vote.)Community SentimentCenterPoint Energy has received 58.65% “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. Previous Next 5.0 Dividend Strength Dividend LeadershipCenterPoint Energy is a leading dividend payer. It pays a dividend yield of 3.31%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCenterPoint Energy has been increasing its dividend for 14 years.Dividend CoverageThe dividend payout ratio of CenterPoint Energy is 33.52 %. 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 44.44 % next year. This indicates that CenterPoint Energy will be able to sustain or increase its dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CenterPoint Energy insiders have bought more of their company's stock than they have sold. Specifically, they have bought $200,536.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.13% of the stock of CenterPoint Energy is held by insiders.Percentage Held by Institutions82.14% of the stock of CenterPoint Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for CenterPoint Energy are expected to grow by 6.30% in the coming year, from $1.27 to $1.35 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CenterPoint Energy is -13.07, 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. SectorThe P/E ratio of CenterPoint Energy is -13.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioCenterPoint Energy has a PEG Ratio of 2.85. 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 1.38. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.1Community Rank: 2.1Dividend Strength: 5.0Insider Behavior: 4.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.97 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Electric services Sub-IndustryMulti-Utilities SectorUtilities Current SymbolNYSE:CNP Previous Symbol CUSIP15189T10 CIK1130310 Webwww.centerpointenergy.com Phone713-207-1111Debt Debt-to-Equity Ratio2.64 Current Ratio1.03 Quick Ratio0.94Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio14.25 P/E Growth2.85 Sales & Book Value Annual Sales$12.30 billion Price / Sales0.80 Cash Flow$4.45 per share Price / Cash Flow4.07 Book Value$13.18 per share Price / Book1.37Profitability EPS (Most Recent Fiscal Year)$1.79 Net Income$791 million Net Margins-5.28% Return on Equity15.75% Return on Assets2.86%Miscellaneous Employees14,262 Outstanding Shares544,690,000Market Cap$9.86 billion Next Earnings Date8/5/2020 (Estimated) OptionableOptionable CNP Rates by TradingView Receive CNP News and Ratings via Email Sign-up to receive the latest news and ratings for CNP and its competitors with MarketBeat's FREE daily newsletter. CenterPoint Energy (NYSE:CNP) Frequently Asked Questions How has CenterPoint Energy's stock been impacted by COVID-19 (Coronavirus)? CenterPoint Energy's stock was trading at $17.66 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CNP stock has increased by 2.9% and is now trading at $18.17. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of CenterPoint Energy? 18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CenterPoint Energy in the last year. There are currently 2 sell ratings, 9 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for CenterPoint Energy. When is CenterPoint Energy's next earnings date? CenterPoint Energy is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for CenterPoint Energy. How were CenterPoint Energy's earnings last quarter? CenterPoint Energy, Inc. (NYSE:CNP) issued its quarterly earnings results on Thursday, May, 7th. The utilities provider reported $0.65 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.43 by $0.22. The utilities provider had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.41 billion. CenterPoint Energy had a negative net margin of 5.28% and a positive return on equity of 15.75%. CenterPoint Energy's revenue for the quarter was down 2.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.46 earnings per share. View CenterPoint Energy's earnings history. How often does CenterPoint Energy pay dividends? What is the dividend yield for CenterPoint Energy? CenterPoint Energy declared a quarterly dividend on Friday, April 24th. Investors of record on Thursday, May 21st will be given a dividend of $0.15 per share on Thursday, June 11th. This represents a $0.60 dividend on an annualized basis and a yield of 3.30%. The ex-dividend date is Wednesday, May 20th. View CenterPoint Energy's dividend history. What price target have analysts set for CNP? 18 analysts have issued 12 month target prices for CenterPoint Energy's stock. Their forecasts range from $15.00 to $32.00. On average, they expect CenterPoint Energy's share price to reach $21.22 in the next twelve months. This suggests a possible upside of 16.8% from the stock's current price. View analysts' price targets for CenterPoint Energy. Has CenterPoint Energy been receiving favorable news coverage? News coverage about CNP stock has been trending extremely negative recently, InfoTrie reports. The research firm rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. CenterPoint Energy earned a news impact score of -4.3 on InfoTrie's scale. They also assigned media headlines about the utilities provider a news buzz of 7.0 out of 10, indicating that recent press coverage is likely to have an impact on the stock's share price in the near future. View the latest news aboutCenterPoint Energy. Are investors shorting CenterPoint Energy? CenterPoint Energy saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 20,100,000 shares, a decline of 13.8% from the April 30th total of 23,310,000 shares. Based on an average daily trading volume, of 8,790,000 shares, the days-to-cover ratio is currently 2.3 days. Approximately 4.0% of the company's stock are short sold. View CenterPoint Energy's Current Options Chain. Who are some of CenterPoint Energy's key competitors? Some companies that are related to CenterPoint Energy include Dominion Energy (D), Sempra Energy (SRE), WEC Energy Group (WEC), Public Service Enterprise Group (PEG), Consolidated Edison (ED), DTE Energy (DTE), Ameren (AEE), CMS Energy (CMS), Alliant Energy (LNT), NiSource (NI), PG&E (PCG), Mdu Resources Group (MDU), Black Hills (BKH), NorthWestern (NWE) and Avista (AVA). View all 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), Cisco Systems (CSCO), Pfizer (PFE), IBM (IBM), Altria Group (MO) and CVS Health (CVS). Who are CenterPoint Energy's key executives? CenterPoint Energy's management team includes the following people: Mr. Milton Carroll, Exec. Chairman (Age 69)Mr. Scott M. Prochazka, Pres, CEO & Non-Independent Director (Age 53)Mr. Tracy B. Bridge, Exec. VP & Pres of Electric Division (Age 60)Ms. Kristie L. Colvin, Sr. VP & Chief Accounting Officer (Age 55)Mr. Gary Hayes, Chief Information Officer & Sr. VP 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 institutional and retail investors. Top institutional shareholders include Geode Capital Management LLC (1.57%), Mitsubishi UFJ Trust & Banking Corp (1.46%), Levin Easterly Partners LLC (1.42%), Bank of New York Mellon Corp (1.22%), Legal & General Group Plc (0.98%) and Russell Investments Group Ltd. (0.96%). 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 Zimmer Partners LP, Pictet Asset Management Ltd., Mitsubishi UFJ Trust & Banking Corp, California Public Employees Retirement System, Strs Ohio, AXA, AQR Capital Management LLC, and SG Americas Securities LLC. View insider buying and selling activity for CenterPoint Energy. Which major investors are buying CenterPoint Energy stock? CNP stock was bought by a variety of institutional investors in the last quarter, including Prudential PLC, Schroder Investment Management Group, Wedge Capital Management L L P NC, Morningstar Investment Services LLC, Retirement Systems of Alabama, Russell Investments Group Ltd., Swiss National Bank, and OLD Republic International Corp. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is CenterPoint Energy's stock price today? One share of CNP stock can currently be purchased for approximately $18.17. How big of a company is CenterPoint Energy? CenterPoint Energy has a market capitalization of $9.90 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 6/4/2020 by MarketBeat.com Staff
