CenterPoint Energy (CNP) Competitors

$29.07
+0.34 (+1.18%)
(As of 04/24/2024 ET)

CNP vs. DTE, D, EBR, FTS, NRG, PPL, ES, AGR, FE, 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), Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR), Fortis (FTS), NRG Energy (NRG), PPL (PPL), Eversource Energy (ES), Avangrid (AGR), FirstEnergy (FE), and Entergy (ETR). These companies are all part of the "electric services" industry.

CenterPoint Energy vs.

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

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
CenterPoint Energy$8.70B2.12$917M$1.3621.40
DTE Energy$12.75B1.81$1.40B$6.7616.48

DTE Energy received 17 more outperform votes than CenterPoint Energy when rated by MarketBeat users. Likewise, 58.25% of users gave DTE Energy an outperform vote while only 56.27% of users gave CenterPoint Energy an outperform vote.

CompanyUnderperformOutperform
CenterPoint EnergyOutperform Votes
449
56.27%
Underperform Votes
349
43.73%
DTE EnergyOutperform Votes
466
58.25%
Underperform Votes
334
41.75%

CenterPoint Energy presently has a consensus price target of $30.18, indicating a potential upside of 4.08%. DTE Energy has a consensus price target of $115.10, indicating a potential upside of 3.58%. Given CenterPoint Energy's higher probable upside, equities research analysts clearly believe CenterPoint Energy is more favorable than DTE Energy.

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

In the previous week, DTE Energy had 7 more articles in the media than CenterPoint Energy. MarketBeat recorded 18 mentions for DTE Energy and 11 mentions for CenterPoint Energy. CenterPoint Energy's average media sentiment score of 0.91 beat DTE Energy's score of 0.73 indicating that CenterPoint Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
CenterPoint Energy
8 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
DTE Energy
7 Very Positive mention(s)
5 Positive mention(s)
2 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

CenterPoint Energy has a beta of 0.92, meaning that its stock price is 8% less volatile than the S&P 500. Comparatively, DTE Energy has a beta of 0.64, meaning that its stock price is 36% less volatile than the S&P 500.

DTE Energy has a net margin of 10.96% compared to CenterPoint Energy's net margin of 10.55%. DTE Energy's return on equity of 11.00% beat CenterPoint Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
CenterPoint Energy10.55% 10.44% 2.59%
DTE Energy 10.96%11.00%2.72%

CenterPoint Energy pays an annual dividend of $0.80 per share and has a dividend yield of 2.7%. DTE Energy pays an annual dividend of $4.08 per share and has a dividend yield of 3.7%. CenterPoint Energy pays out 58.8% of its earnings in the form of a dividend. DTE Energy pays out 60.4% 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.

91.8% of CenterPoint Energy shares are held by institutional investors. Comparatively, 76.1% of DTE Energy shares are held by institutional investors. 0.1% of CenterPoint Energy shares are held by company insiders. Comparatively, 0.3% of DTE Energy shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Summary

DTE Energy beats CenterPoint Energy on 13 of the 20 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$18.43B$12.43B$11.65B$17.42B
Dividend Yield2.78%4.96%4.22%3.56%
P/E Ratio21.4017.1576.8722.36
Price / Sales2.1231.9326.6011.58
Price / Cash7.567.3417.8817.62
Price / Book1.901.601.844.90
Net Income$917M$668.34M$585.13M$963.51M
7 Day Performance5.11%3.20%2.09%2.14%
1 Month Performance4.60%3.21%0.04%-2.17%
1 Year Performance-5.52%-0.35%-3.26%89.97%

CenterPoint Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
DTE
DTE Energy
4.5475 of 5 stars
$103.21
-2.2%
$114.33
+10.8%
-2.4%$21.36B$12.75B15.279,950Analyst Report
D
Dominion Energy
4.4402 of 5 stars
$46.85
-2.2%
$50.10
+6.9%
-10.9%$39.24B$14.39B20.1117,700Upcoming Earnings
Analyst Report
EBR
Centrais Elétricas Brasileiras S.A. - Eletrobrás
0.8919 of 5 stars
$7.33
-2.9%
N/A+5.3%$16.86B$7.44B0.009,670Gap Down
High Trading Volume
FTS
Fortis
3.8959 of 5 stars
$37.14
-1.1%
$55.13
+48.4%
-11.2%$18.31B$8.53B16.159,600Upcoming Earnings
NRG
NRG Energy
4.148 of 5 stars
$74.54
+2.2%
$59.50
-20.2%
+107.5%$16.01B$28.82B-69.6618,131Dividend Announcement
PPL
PPL
4.5354 of 5 stars
$26.01
-1.6%
$32.50
+25.0%
-4.5%$19.18B$8.31B26.016,629Upcoming Earnings
Analyst Upgrade
ES
Eversource Energy
4.2727 of 5 stars
$57.20
-1.8%
$66.08
+15.5%
-23.3%$20.06B$11.91B-45.4010,171Upcoming Earnings
Analyst Report
AGR
Avangrid
4.0669 of 5 stars
$35.69
-0.7%
$34.75
-2.6%
-9.7%$13.80B$8.31B17.587,999Earnings Report
FE
FirstEnergy
3.4456 of 5 stars
$36.83
-1.5%
$40.38
+9.6%
-6.2%$21.20B$12.87B20.3512,042Analyst Report
Analyst Revision
ETR
Entergy
4.4478 of 5 stars
$100.58
-1.7%
$109.78
+9.1%
-2.4%$21.45B$12.15B9.0712,177Earnings Report
Analyst Report

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This page (NYSE:CNP) was last updated on 4/25/2024 by MarketBeat.com Staff

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