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NYSE:CNPCenterPoint Energy Stock Price, Forecast & News

$20.54
-0.20 (-0.96 %)
(As of 08/14/2020 04:00 PM ET)
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Today's Range
$20.27
Now: $20.54
$20.65
50-Day Range
$17.70
MA: $19.43
$20.98
52-Week Range
$11.58
Now: $20.54
$30.71
Volume4.57 million shs
Average Volume8.28 million shs
Market Capitalization$11.19 billion
P/E RatioN/A
Dividend Yield2.89%
Beta0.94
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.2Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.68 out of 5 stars


Industry, Sector and Symbol

Industry Electric services
Sub-IndustryMulti-Utilities
SectorUtilities
CUSIP15189T10
Phone713-207-1111

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$12.30 billion
Cash Flow$4.47 per share
Book Value$13.18 per share

Profitability

Net Income$791 million

Miscellaneous

Employees14,262
Market Cap$11.19 billion
Next Earnings Date11/5/2020 (Confirmed)
OptionableOptionable
$20.54
-0.20 (-0.96 %)
(As of 08/14/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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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 shares have increased by 16.3% and is now trading at $20.54.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of CenterPoint Energy?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CenterPoint Energy in the last year. There are currently 1 sell rating, 11 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 Thursday, November 5th 2020.
View our earnings forecast for CenterPoint Energy
.

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

CenterPoint Energy will be holding an earnings conference call on Thursday, November 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were CenterPoint Energy's earnings last quarter?

CenterPoint Energy, Inc. (NYSE:CNP) released its earnings results on Thursday, August, 6th. The utilities provider reported $0.21 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.20 by $0.01. The utilities provider earned $1.58 billion during the quarter, compared to analyst estimates of $2.17 billion. CenterPoint Energy had a positive return on equity of 15.31% and a negative net margin of 6.87%. The company's revenue for the quarter was down 5.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.35 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 Wednesday, July 29th. Shareholders of record on Thursday, August 20th will be paid a dividend of $0.15 per share on Thursday, September 10th. This represents a $0.60 annualized dividend and a yield of 2.92%. The ex-dividend date of this dividend is Wednesday, August 19th.
View CenterPoint Energy's dividend history
.

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

CenterPoint Energy issued an update on its FY20 earnings guidance on Thursday, August, 6th. The company provided earnings per share (EPS) guidance of $1.10-1.20 for the period, compared to the Thomson Reuters consensus estimate of $1.29.

What price target have analysts set for CNP?

19 analysts have issued twelve-month target prices for CenterPoint Energy's stock. Their forecasts range from $15.00 to $32.00. On average, they anticipate CenterPoint Energy's stock price to reach $21.16 in the next twelve months. This suggests a possible upside of 3.0% from the stock's current price.
View analysts' price targets for CenterPoint Energy
.

Has CenterPoint Energy been receiving favorable news coverage?

Media coverage about CNP stock has been trending positive this week, according to InfoTrie. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. CenterPoint Energy earned a media sentiment score of 2.4 on InfoTrie's scale. They also assigned media headlines about the utilities provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near future.
View the latest news about CenterPoint Energy
.

Are investors shorting CenterPoint Energy?

CenterPoint Energy saw a increase in short interest in June. As of June 30th, there was short interest totaling 21,160,000 shares, an increase of 42.1% from the June 15th total of 14,890,000 shares. Based on an average trading volume of 9,370,000 shares, the short-interest ratio is currently 2.3 days.
View CenterPoint Energy's Short Interest
.

Who are some of CenterPoint Energy's key 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), Pfizer (PFE), Cisco Systems (CSCO), CVS Health (CVS), General Electric (GE) and IBM (IBM).

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 retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.15%), Bank of New York Mellon Corp (1.13%), Thompson Siegel & Walmsley LLC (0.93%), Prudential PLC (0.82%), Russell Investments Group Ltd. (0.80%) and Goldman Sachs Group Inc. (0.63%). 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 institutional investors are selling CenterPoint Energy stock?

CNP stock was sold by a variety of institutional investors in the last quarter, including Thompson Siegel & Walmsley LLC, Goldman Sachs Group Inc., Brookfield Asset Management Inc., First Trust Advisors LP, Marshall Wace LLP, TD Asset Management Inc., Russell Investments Group Ltd., and Janney Montgomery Scott LLC.
View insider buying and selling activity for CenterPoint Energy
.

Which institutional investors are buying CenterPoint Energy stock?

CNP stock was acquired by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Thrivent Financial for Lutherans, Scout Investments Inc., Prudential PLC, Teilinger Capital Ltd., Captrust Financial Advisors, Victory Capital Management Inc., and Duality Advisers LP.
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 $20.54.

How big of a company is CenterPoint Energy?

CenterPoint Energy has a market capitalization of $11.19 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 8/15/2020 by MarketBeat.com Staff

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