NYSE:CNP - CenterPoint Energy Stock Price, Forecast & News

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

CenterPoint Energy declared a quarterly dividend on Thursday, October 17th. Investors of record on Thursday, November 21st will be paid a dividend of $0.2875 per share on Thursday, December 12th. This represents a $1.15 dividend on an annualized basis and a yield of 4.25%. The ex-dividend date is Wednesday, November 20th. View CenterPoint Energy's Dividend History.

CenterPoint Energy, Inc. (NYSE:CNP) posted its quarterly earnings data on Thursday, November, 7th. The utilities provider reported $0.53 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.43 by $0.10. The utilities provider earned $2.74 billion during the quarter, compared to the consensus estimate of $2.91 billion. CenterPoint Energy had a return on equity of 14.51% and a net margin of 6.23%. CenterPoint Energy's revenue was up 24.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.39 EPS. View CenterPoint Energy's Earnings History.

CenterPoint Energy is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for CenterPoint Energy.

CenterPoint Energy issued an update on its FY 2019 Pre-Market earnings guidance on Monday, November, 25th. The company provided earnings per share (EPS) guidance of $1.70-1.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.64.

14 brokers have issued 1-year target prices for CenterPoint Energy's stock. Their forecasts range from $26.00 to $32.00. On average, they expect CenterPoint Energy's stock price to reach $28.54 in the next year. This suggests a possible upside of 5.5% from the stock's current price. View Analyst Price Targets for CenterPoint Energy.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CenterPoint Energy in the last year. There are currently 7 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CenterPoint Energy.

Media coverage about CNP stock has trended extremely negative this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. CenterPoint Energy earned a news impact score of -5.0 on InfoTrie's scale. They also assigned news stories about the utilities provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the near future. View News Stories for CenterPoint Energy.

CenterPoint Energy saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 19,030,000 shares, an increase of 30.3% from the December 15th total of 14,610,000 shares. Based on an average trading volume of 5,460,000 shares, the days-to-cover ratio is currently 3.5 days. Approximately 3.8% of the shares of the company are short sold. View CenterPoint Energy's Current Options Chain.

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).

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), Hawkins (HWKN), Boeing (BA), Ford Motor (F), Altria Group (MO), Exxon Mobil (XOM), Cisco Systems (CSCO) and Chevron (CVX).

CenterPoint Energy's stock is owned by many different of institutional and retail investors. Top institutional investors include Hennessy Advisors Inc. (0.11%), Gradient Investments LLC (0.07%), Gateway Investment Advisers LLC (0.06%), State of Alaska Department of Revenue (0.05%), Nisa Investment Advisors LLC (0.04%) and Sanders Morris Harris LLC (0.04%). Company insiders that own CenterPoint Energy stock include Joseph John Vortherms, Milton Carroll, Scott M Prochazka and Ted Pound. View Institutional Ownership Trends for CenterPoint Energy.

CNP stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., State of Alaska Department of Revenue, Gateway Investment Advisers LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Hennessy Advisors Inc., First Hawaiian Bank, IFP Advisors Inc and Nisa Investment Advisors LLC. Company insiders that have sold CenterPoint Energy company stock in the last year include Joseph John Vortherms, Milton Carroll and Scott M Prochazka. View Insider Buying and Selling for CenterPoint Energy.

CNP stock was acquired by a variety of institutional investors in the last quarter, including Sanders Morris Harris LLC, Gradient Investments LLC, DNB Asset Management AS, Trinity Legacy Partners LLC, United Services Automobile Association, Pensionfund DSM Netherlands, Pensionfund Sabic and AE Wealth Management LLC. View Insider Buying and Selling for 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.

One share of CNP stock can currently be purchased for approximately $27.05.

CenterPoint Energy has a market capitalization of $13.59 billion and generates $10.59 billion in revenue each year. The utilities provider earns $368 million in net income (profit) each year or $1.60 on an earnings per share basis. CenterPoint Energy employs 7,977 workers across the globe.View Additional Information About CenterPoint Energy.

The official website for CenterPoint Energy is http://www.centerpointenergy.com/.

CenterPoint Energy's mailing address is 1111 Louisiana Street, Houston TX, 77002. The utilities provider can be reached via phone at 713-207-1111.