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CenterPoint Energy (CNP) Competitors

$30.06
-0.35 (-1.15%)
(As of 05/22/2024 ET)

CNP vs. DTE, D, FTS, EBR, NRG, ES, PPL, FE, AGR, and ETR

Should you be buying CenterPoint Energy stock or one of its competitors? The main competitors of CenterPoint Energy include DTE Energy (DTE), Dominion Energy (D), Fortis (FTS), Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR), NRG Energy (NRG), Eversource Energy (ES), PPL (PPL), FirstEnergy (FE), Avangrid (AGR), and Entergy (ETR). These companies are all part of the "electric services" industry.

CenterPoint Energy vs.

DTE Energy (NYSE:DTE) and CenterPoint Energy (NYSE:CNP) are both large-cap utilities companies, but which is the better investment? We will compare the two businesses based on the strength of their dividends, media sentiment, valuation, profitability, earnings, risk, institutional ownership, community ranking and analyst recommendations.

DTE Energy received 18 more outperform votes than CenterPoint Energy when rated by MarketBeat users. Likewise, 58.35% of users gave DTE Energy an outperform vote while only 56.25% of users gave CenterPoint Energy an outperform vote.

CompanyUnderperformOutperform
DTE EnergyOutperform Votes
468
58.35%
Underperform Votes
334
41.65%
CenterPoint EnergyOutperform Votes
450
56.25%
Underperform Votes
350
43.75%

DTE Energy pays an annual dividend of $4.08 per share and has a dividend yield of 3.5%. CenterPoint Energy pays an annual dividend of $0.80 per share and has a dividend yield of 2.7%. DTE Energy pays out 66.8% of its earnings in the form of a dividend. CenterPoint Energy pays out 56.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. DTE Energy has raised its dividend for 15 consecutive years and CenterPoint Energy has raised its dividend for 3 consecutive years. DTE Energy is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

In the previous week, DTE Energy had 6 more articles in the media than CenterPoint Energy. MarketBeat recorded 26 mentions for DTE Energy and 20 mentions for CenterPoint Energy. CenterPoint Energy's average media sentiment score of 1.02 beat DTE Energy's score of 0.63 indicating that DTE Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
DTE Energy
13 Very Positive mention(s)
3 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
CenterPoint Energy
7 Very Positive mention(s)
6 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive

76.1% of DTE Energy shares are owned by institutional investors. Comparatively, 91.8% of CenterPoint Energy shares are owned by institutional investors. 0.3% of DTE Energy shares are owned by insiders. Comparatively, 0.1% of CenterPoint Energy shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

DTE Energy has higher revenue and earnings than CenterPoint Energy. DTE Energy is trading at a lower price-to-earnings ratio than CenterPoint Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
DTE Energy$12.21B1.95$1.40B$6.1118.83
CenterPoint Energy$8.70B2.21$917M$1.4221.17

DTE Energy presently has a consensus price target of $116.30, indicating a potential upside of 1.08%. CenterPoint Energy has a consensus price target of $30.36, indicating a potential upside of 1.01%. Given CenterPoint Energy's stronger consensus rating and higher possible upside, equities research analysts clearly believe DTE Energy is more favorable than CenterPoint Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
DTE Energy
0 Sell rating(s)
4 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.64
CenterPoint Energy
1 Sell rating(s)
4 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.45

CenterPoint Energy has a net margin of 11.03% compared to CenterPoint Energy's net margin of 10.36%. CenterPoint Energy's return on equity of 11.53% beat DTE Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
DTE Energy10.36% 11.53% 2.83%
CenterPoint Energy 11.03%10.57%2.61%

DTE Energy has a beta of 0.64, indicating that its stock price is 36% less volatile than the S&P 500. Comparatively, CenterPoint Energy has a beta of 0.91, indicating that its stock price is 9% less volatile than the S&P 500.

Summary

DTE Energy beats CenterPoint Energy on 15 of the 21 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CNP and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CNP vs. The Competition

MetricCenterPoint EnergyElectric services IndustryUtilities SectorNYSE Exchange
Market Cap$19.23B$12.91B$12.23B$17.90B
Dividend Yield2.67%4.46%3.98%3.45%
P/E Ratio21.1714.8081.1425.66
Price / Sales2.2130.6426.1310.46
Price / Cash7.888.2318.1019.57
Price / Book1.921.621.885.97
Net Income$917M$658.22M$595.25M$975.91M
7 Day Performance1.04%-2.33%-0.44%-0.50%
1 Month Performance4.45%6.90%5.13%4.98%
1 Year Performance5.29%7.92%3.73%20.68%

CenterPoint Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
DTE
DTE Energy
4.6247 of 5 stars
$114.78
-0.5%
$115.50
+0.6%
+8.0%$23.75B$12.75B18.799,950Analyst Forecast
Analyst Revision
Positive News
D
Dominion Energy
4.4765 of 5 stars
$52.84
-0.4%
$51.73
-2.1%
+3.5%$44.26B$14.14B27.2417,700Positive News
FTS
Fortis
4.2607 of 5 stars
$40.77
-0.1%
$55.13
+35.2%
-5.8%$20.10B$11.32B17.579,600Analyst Upgrade
News Coverage
EBR
Centrais Elétricas Brasileiras S.A. - Eletrobrás
1.2035 of 5 stars
$7.47
+1.1%
N/A+5.1%$17.19B$7.44B0.008,328News Coverage
NRG
NRG Energy
4.608 of 5 stars
$82.06
-0.5%
$64.25
-21.7%
+147.9%$17.11B$28.82B11.6218,131Insider Selling
Positive News
ES
Eversource Energy
4.5742 of 5 stars
$60.91
-0.6%
$66.23
+8.7%
-16.3%$21.46B$11.45B-51.6210,171Positive News
PPL
PPL
3.8137 of 5 stars
$29.19
+0.1%
$32.27
+10.6%
+10.3%$21.53B$8.31B28.346,629Dividend Announcement
FE
FirstEnergy
2.9965 of 5 stars
$39.84
+0.4%
$39.80
-0.1%
+7.1%$22.93B$12.87B22.9012,042Analyst Revision
AGR
Avangrid
4.123 of 5 stars
$37.16
-0.4%
$34.75
-6.5%
-6.7%$14.38B$8.26B16.097,999
ETR
Entergy
4.8239 of 5 stars
$111.30
-0.5%
$109.45
-1.7%
+13.6%$23.77B$11.96B11.1612,177Analyst Forecast

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This page (NYSE:CNP) was last updated on 5/22/2024 by MarketBeat.com Staff

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