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

$24.16
+0.08 (+0.33 %)
(As of 02/28/2020 02:49 AM ET)
Today's Range
$23.60
Now: $24.16
$25.33
50-Day Range
$24.08
MA: $26.44
$27.18
52-Week Range
$23.60
Now: $24.16
$31.17
Volume12.11 million shs
Average Volume5.36 million shs
Market Capitalization$12.13 billion
P/E Ratio19.17
Dividend Yield4.82%
Beta0.44
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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$10.59 billion
Cash Flow$3.99 per share
Book Value$12.61 per share

Profitability

Net Income$368 million

Miscellaneous

Employees7,977
Market Cap$12.13 billion
Next Earnings DateN/A
OptionableOptionable

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CenterPoint Energy (NYSE:CNP) Frequently Asked Questions

What is CenterPoint Energy's stock symbol?

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

How often does CenterPoint Energy pay dividends? What is the dividend yield for CenterPoint Energy?

CenterPoint Energy declared a quarterly dividend on Monday, February 3rd. Investors of record on Thursday, February 20th will be paid a dividend of $0.29 per share on Thursday, March 12th. This represents a $1.16 dividend on an annualized basis and a yield of 4.80%. The ex-dividend date of this dividend is Wednesday, February 19th. This is a boost from CenterPoint Energy's previous quarterly dividend of $0.29. View CenterPoint Energy's Dividend History.

How were CenterPoint Energy's earnings last quarter?

CenterPoint Energy, Inc. (NYSE:CNP) released its quarterly earnings results on Thursday, February, 27th. The utilities provider reported $0.45 EPS for the quarter, topping the consensus estimate of $0.37 by $0.08. The utilities provider earned $3.23 billion during the quarter, compared to analysts' expectations of $3.80 billion. CenterPoint Energy had a net margin of 6.23% and a return on equity of 14.51%. CenterPoint Energy's revenue was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.36 EPS. View CenterPoint Energy's Earnings History.

What price target have analysts set for CNP?

16 brokerages have issued twelve-month price objectives for CenterPoint Energy's stock. Their forecasts range from $26.00 to $32.00. On average, they expect CenterPoint Energy's share price to reach $28.40 in the next twelve months. This suggests a possible upside of 17.5% from the stock's current price. View Analyst Price Targets for CenterPoint Energy.

What is the consensus analysts' recommendation for CenterPoint Energy?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CenterPoint Energy in the last year. There are currently 8 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CenterPoint Energy.

Has CenterPoint Energy been receiving favorable news coverage?

News headlines about CNP stock have trended somewhat positive on Friday, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand news and blog 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 coverage optimism score of 2.0 on InfoTrie's scale. They also assigned press coverage about the utilities provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for CenterPoint Energy.

Are investors shorting CenterPoint Energy?

CenterPoint Energy saw a drop in short interest during the month of January. As of January 31st, there was short interest totalling 17,740,000 shares, a drop of 6.8% from the January 15th total of 19,030,000 shares. Based on an average daily volume of 5,620,000 shares, the short-interest ratio is presently 3.2 days. Approximately 3.5% of the shares of the company are sold short. View CenterPoint Energy's Current Options Chain.

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), Altria Group (MO), Chevron (CVX), Cisco Systems (CSCO), Hawkins (HWKN), Ford Motor (F) and IBM (IBM).

Who are CenterPoint Energy's key executives?

CenterPoint Energy's management team includes the folowing 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

Who are CenterPoint Energy's major shareholders?

CenterPoint Energy's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Mitsubishi UFJ Trust & Banking Corp (1.89%), Geode Capital Management LLC (1.58%), Levin Easterly Partners LLC (1.36%), Franklin Resources Inc. (1.32%), Renaissance Technologies LLC (1.31%) and Bank of New York Mellon Corp (1.25%). 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.

Which major investors are selling CenterPoint Energy stock?

CNP stock was sold by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., Miller Howard Investments Inc. NY, DekaBank Deutsche Girozentrale, AQR Capital Management LLC, Martingale Asset Management L P, Russell Investments Group Ltd., Acadian Asset Management LLC and Strs Ohio. 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.

Which major investors are buying CenterPoint Energy stock?

CNP stock was purchased by a variety of institutional investors in the last quarter, including Brookfield Public Securities Group LLC, Renaissance Technologies LLC, Bank of New York Mellon Corp, Retirement Systems of Alabama, Point72 Asset Management L.P., First Trust Advisors LP, Franklin Resources Inc. and OLD Republic International Corp. View Insider Buying and Selling 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 $24.16.

How big of a company is CenterPoint Energy?

CenterPoint Energy has a market capitalization of $12.13 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.

What is CenterPoint Energy's official website?

The official website for CenterPoint Energy is http://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.


MarketBeat Community Rating for CenterPoint Energy (NYSE CNP)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  379 (Vote Outperform)
Underperform Votes:  537 (Vote Underperform)
Total Votes:  916
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.
This page was last updated on 2/28/2020 by MarketBeat.com Staff

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