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Tesla hikes price of Model Y after US alters tax credit rule
A gold storm is coming… (Ad)
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A gold storm is coming… (Ad)
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A gold storm is coming… (Ad)
Europe bans Russian diesel, other oil products over Ukraine
How will EU ban and West's price cap on Russian diesel work?
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Tesla hikes price of Model Y after US alters tax credit rule
A gold storm is coming… (Ad)
Route to Super Bowl dangerous for Mexico's avocado haulers
Iraqi currency crash halts after meeting with U.S. official
A gold storm is coming… (Ad)
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Gas prices dip in NJ, around nation as cold weather returns
A gold storm is coming… (Ad)
Europe bans Russian diesel, other oil products over Ukraine
How will EU ban and West's price cap on Russian diesel work?
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Tesla hikes price of Model Y after US alters tax credit rule
A gold storm is coming… (Ad)
Route to Super Bowl dangerous for Mexico's avocado haulers
Iraqi currency crash halts after meeting with U.S. official
A gold storm is coming… (Ad)
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Gas prices dip in NJ, around nation as cold weather returns
A gold storm is coming… (Ad)
Europe bans Russian diesel, other oil products over Ukraine
How will EU ban and West's price cap on Russian diesel work?
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Tesla hikes price of Model Y after US alters tax credit rule
A gold storm is coming… (Ad)
Route to Super Bowl dangerous for Mexico's avocado haulers
Iraqi currency crash halts after meeting with U.S. official
A gold storm is coming… (Ad)
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Gas prices dip in NJ, around nation as cold weather returns
A gold storm is coming… (Ad)
Europe bans Russian diesel, other oil products over Ukraine
How will EU ban and West's price cap on Russian diesel work?

CenterPoint Energy - CNP Stock Forecast, Price & News

$29.20
-0.58 (-1.95%)
(As of 02/3/2023 12:00 AM ET)
Add
Compare
Today's Range
$28.93
$29.74
50-Day Range
$28.98
$31.31
52-Week Range
$25.03
$33.50
Volume
5.44 million shs
Average Volume
3.53 million shs
Market Capitalization
$18.38 billion
P/E Ratio
12.12
Dividend Yield
2.42%
Price Target
$32.20

CenterPoint Energy MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.78 Rating Score
Upside/​Downside
10.3% Upside
$32.20 Price Target
Short Interest
Healthy
1.51% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-5.23
Upright™ Environmental Score
News Sentiment
N/A
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.

2.81 out of 5 stars

Utilities Sector

8th out of 84 stocks

Electric Services Industry

6th out of 41 stocks

CNP stock logo

About CenterPoint Energy (NYSE:CNP) Stock

CenterPoint 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.

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CNP Stock News Headlines

A gold storm is coming…
“We are in the early stages of a mania – the calm before the storm.”...
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
Taking A Look At CenterPoint Energy, Inc.'s (NYSE:CNP) ROE
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
See More Headlines
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CNP Company Calendar

Last Earnings
11/04/2021
Today
2/05/2023
Ex-Dividend for 3/9 Dividend
2/15/2023
Next Earnings (Confirmed)
2/17/2023
Dividend Payable
3/09/2023
Dividend Payable
3/09/2023
Fiscal Year End
12/31/2023
Ex-Dividend for 3/9 Dividend
1/01/2100

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
$32.20
High Stock Price Forecast
$35.00
Low Stock Price Forecast
$29.00
Forecasted Upside/Downside
+10.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.78
Research Coverage
9 Analysts

Profitability

Net Income
$1.49 billion
Pretax Margin
14.97%

Debt

Sales & Book Value

Annual Sales
$8.92 billion
Cash Flow
$3.68 per share
Book Value
$13.72 per share

Miscellaneous

Free Float
628,969,000
Market Cap
$18.38 billion
Optionable
Optionable
Beta
0.86

Social Links


Key Executives

  • David J. LesarDavid J. Lesar
    Chief Executive Officer & Director
  • Jason P. WellsJason P. Wells
    President, Chief Operating Officer & CFO
  • Kenny Coleman
    Chief Information Officer & Senior Vice President
  • Lynne Harkel-Rumford
    Chief Human Resources Officer & Executive VP
  • Monica Karuturi
    Executive Vice President & General Counsel













CNP Stock - Frequently Asked Questions

Should I buy or sell CenterPoint Energy stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CenterPoint Energy in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street 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?

9 Wall Street research analysts have issued 12-month price objectives for CenterPoint Energy's shares. Their CNP share price forecasts range from $29.00 to $35.00. On average, they expect the company's stock price to reach $32.20 in the next year. This suggests a possible upside of 10.3% 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 2023. Since then, CNP stock has decreased by 2.6% and is now trading at $29.20.
View the best growth stocks for 2023 here
.

Are investors shorting CenterPoint Energy?

CenterPoint Energy saw a drop in short interest in the month of December. As of December 30th, there was short interest totaling 10,320,000 shares, a drop of 15.8% from the December 15th total of 12,250,000 shares. Based on an average daily volume of 3,810,000 shares, the short-interest 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 Friday, February 17th 2023.
View our CNP earnings forecast
.

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

CenterPoint Energy will be holding an earnings conference call on Friday, February 17th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were CenterPoint Energy's earnings last quarter?

CenterPoint Energy, Inc. (NYSE:CNP) posted its quarterly earnings results on Thursday, November, 4th. The utilities provider reported $0.33 EPS for the quarter, topping the consensus estimate of $0.28 by $0.05. The utilities provider had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.66 billion. CenterPoint Energy had a net margin of 17.67% and a trailing twelve-month return on equity of 10.77%. During the same period in the previous year, the company posted $0.34 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 annualized dividend and a dividend yield of 2.60%. 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
.

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 2.42%. 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 48.32% 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 updated its FY 2023 earnings guidance on Tuesday, November, 8th. The company provided earnings per share 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 institutional and retail investors. Top institutional shareholders include Ceredex Value Advisors LLC (0.38%), Sumitomo Mitsui Trust Holdings Inc. (0.28%), Scout Investments Inc. (0.20%), Bank of Montreal Can (0.14%), New York State Teachers Retirement System (0.11%) and Hallmark Capital Management Inc. (0.10%). 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 $29.20.

How much money does CenterPoint Energy make?

CenterPoint Energy (NYSE:CNP) has a market capitalization of $18.38 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..
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 2/5/2023 by MarketBeat.com Staff