NYSE:CNP CenterPoint Energy (CNP) Stock Price, News & Analysis → Bitcoin Rockets To Record High But Buy THIS Instead (From Paradigm Press) (Ad) Free CNP Stock Alerts $27.70 +0.48 (+1.76%) (As of 04/17/2024 ET) Add Compare Share Share Today's Range$27.34▼$27.7850-Day Range$27.21▼$28.5252-Week Range$25.42▼$31.43Volume4.49 million shsAverage Volume4.61 million shsMarket Capitalization$17.53 billionP/E Ratio20.36Dividend Yield2.89%Price Target$30.30 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get CenterPoint Energy alerts: Email Address CenterPoint Energy MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside9.4% Upside$30.30 Price TargetShort InterestHealthy1.85% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-5.23Upright™ Environmental ScoreNews Sentiment0.97Based on 7 Articles This WeekInsider TradingN/AProj. Earnings Growth6.79%From $1.62 to $1.73 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.55 out of 5 starsUtilities Sector34th out of 98 stocksElectric Services Industry15th out of 38 stocks 1.3 Analyst's Opinion Consensus RatingCenterPoint Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 6 buy ratings, 3 hold ratings, and 1 sell rating.Amount of Analyst CoverageCenterPoint Energy has only been the subject of 4 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.85% of the outstanding shares of CenterPoint Energy have been sold short.Short Interest Ratio / Days to CoverCenterPoint Energy has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in CenterPoint Energy has recently decreased by 5.33%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldCenterPoint Energy pays a meaningful dividend of 2.92%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCenterPoint Energy has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of CenterPoint Energy is 58.82%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, CenterPoint Energy will have a dividend payout ratio of 46.24% next year. This indicates that CenterPoint Energy will be able to sustain or increase its dividend. Previous Next 1.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCenterPoint Energy has received a -28.59% net impact score from Upright. The largest negative impact of CenterPoint Energy in category "GHG emissions" seems to be driven mostly by its "Natural gas distribution services", "Construction of natural gas pipelines", and "Electric power transmission lines" products. See details.Environmental SustainabilityThe Environmental Impact score for CenterPoint Energy is -5.23. Previous Next 2.8 News and Social Media Coverage News SentimentCenterPoint Energy has a news sentiment score of 0.97. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.42 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 7 news articles for CenterPoint Energy this week, compared to 6 articles on an average week.Search InterestOnly 7 people have searched for CNP on MarketBeat in the last 30 days. This is a decrease of -46% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added CenterPoint Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -17% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CenterPoint Energy insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.13% of the stock of CenterPoint Energy is held by insiders.Percentage Held by Institutions91.77% of the stock of CenterPoint Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for CenterPoint Energy are expected to grow by 6.79% in the coming year, from $1.62 to $1.73 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CenterPoint Energy is 20.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.98.Price to Earnings Ratio vs. SectorThe P/E ratio of CenterPoint Energy is 20.36, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 78.96.Price to Earnings Growth RatioCenterPoint Energy has a PEG Ratio of 2.41. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCenterPoint Energy has a P/B Ratio of 1.81. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Daily Market AlertsTop 5 Tech Stocks to Buy for 2024Elon Musk just Triggered a BOOM in These Stocks Something strange is happening in the stock market…. This select group of stocks are going absolutely bananas. And it's all because of Elon Musk.Click here to sign up for our free report & newsletter About CenterPoint Energy Stock (NYSE:CNP)CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company operates through two segments, Electric and Natural Gas. The Electric segment includes electric transmission and distribution services to electric customers and electric generation assets, as well as optimizes assets in the wholesale power market. The Natural Gas segment engages in the intrastate natural gas sales, and natural gas transportation and distribution for residential, commercial, industrial and institutional customers in Indiana, Louisiana, Minnesota, Mississippi, Ohio, and Texas; permanent pipeline connections through interconnects with various interstate and intrastate pipeline companies; and provides maintenance and repair services of home appliances to customers in Minnesota and home repair protection plans to natural gas customers in Indiana, Mississippi, Ohio, and Texas through a third party. It serves approximately 2,534,730 metered customers; owned 348 substations with transformer capacity of 79,719 megavolt amperes; and owned and operated 217 miles of intrastate pipeline in Louisiana and Texas. The company was founded in 1866 and is headquartered in Houston, Texas.Read More CNP Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CNP Stock News HeadlinesApril 17, 2024 | americanbankingnews.comCenterPoint Energy Sees Unusually High Options Volume (NYSE:CNP)April 16, 2024 | msn.comChanges are coming to your CenterPoint bill, here’s whyApril 18, 2024 | Daily Market Alerts (Ad)Top 5 Tech Stocks to Buy for 2024Elon Musk just Triggered a BOOM in These Stocks Something strange is happening in the stock market…. This select group of stocks are going absolutely bananas. And it's all because of Elon Musk.April 16, 2024 | americanbankingnews.comShort Interest in CenterPoint Energy, Inc. (NYSE:CNP) Drops By 5.3%April 15, 2024 | msn.comCenterPoint Energy transitioning to a new billing systemApril 9, 2024 | globenewswire.comCenterPoint Energy, Inc. to Host Webcast of First Quarter 2024 Earnings Conference CallApril 8, 2024 | americanbankingnews.comQ3 2024 EPS Estimates for CenterPoint Energy, Inc. Raised by Zacks Research (NYSE:CNP)April 6, 2024 | msn.comCenterPoint Energy hosts live restoration update as thousands still without powerApril 18, 2024 | Daily Market Alerts (Ad)Top 5 Tech Stocks to Buy for 2024Elon Musk just Triggered a BOOM in These Stocks Something strange is happening in the stock market…. This select group of stocks are going absolutely bananas. And it's all because of Elon Musk.April 4, 2024 | msn.comCenterPoint Energy crews still working to repair storm damage, fix outagesApril 4, 2024 | msn.comCenterPoint Energy set to host live restoration update as thousands still without powerApril 3, 2024 | finance.yahoo.comThe three-year returns for CenterPoint Energy's (NYSE:CNP) shareholders have been notable, yet its earnings growth was even betterMarch 20, 2024 | seekingalpha.comCenterPoint Energy's Growth Offsets Increased Share IssuanceMarch 16, 2024 | nasdaq.comNovember 15th Options Now Available For CenterPoint Energy (CNP)March 16, 2024 | msn.comOver 25,000 customers have lost power as thunderstorms sweep through greater Houston areaMarch 15, 2024 | finance.yahoo.comCenterPoint Energy Announces 2024 Annual Meeting of ShareholdersMarch 15, 2024 | markets.businessinsider.comA Glimpse Into The Expert Outlook On CenterPoint Energy Through 6 AnalystsMarch 13, 2024 | msn.comAfter testimonies, OUCC recommends big decrease in CenterPoint’s base rate requestMarch 12, 2024 | msn.comCenterPoint urges customers to seek available assistance programsMarch 11, 2024 | markets.businessinsider.comAnalysts Offer Insights on Utilities Companies: Centerpoint Energy (CNP) and Algonquin Power & Utilities (AQN)March 7, 2024 | nasdaq.comCenterPoint Energy Breaks Above 200-Day Moving Average - Bullish for CNPMarch 7, 2024 | finance.yahoo.comA Look At The Fair Value Of CenterPoint Energy, Inc. (NYSE:CNP)February 21, 2024 | msn.comCenterpoint Energy Inc Is Worried About This – Should You Be Worried Too?February 21, 2024 | finance.yahoo.comDecoding CenterPoint Energy Inc (CNP): A Strategic SWOT InsightFebruary 21, 2024 | finance.yahoo.comQ4 2023 CenterPoint Energy Inc Earnings CallFebruary 20, 2024 | seekingalpha.comCenterPoint Energy, Inc. 2023 Q4 - Results - Earnings Call PresentationFebruary 20, 2024 | bizjournals.comCenterPoint Energy to sell Louisiana and Mississippi natural gas assets for $1.2 billionSee More Headlines Receive CNP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CenterPoint Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 3/14 Dividend2/14/2024Last Earnings2/20/2024Dividend Payable3/14/2024Today4/18/2024Next Earnings (Confirmed)4/30/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorUtilities Industry Electric services Sub-IndustryMulti-Utilities Current SymbolNYSE:CNP CUSIP15189T10 CIK1130310 Webwww.centerpointenergy.com Phone(713) 207-1111Fax713-207-3169Employees8,827Year Founded1866Price Target and Rating Average Stock Price Target$30.30 High Stock Price Target$33.00 Low Stock Price Target$27.00 Potential Upside/Downside+9.4%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$1.36 Trailing P/E Ratio20.36 Forward P/E Ratio17.10 P/E Growth2.41Net Income$917 million Net Margins10.55% Pretax Margin12.50% Return on Equity10.44% Return on Assets2.59% Debt Debt-to-Equity Ratio1.82 Current Ratio0.78 Quick Ratio0.58 Sales & Book Value Annual Sales$8.70 billion Price / Sales2.02 Cash Flow$3.85 per share Price / Cash Flow7.20 Book Value$15.31 per share Price / Book1.81Miscellaneous Outstanding Shares633,030,000Free Float632,208,000Market Cap$17.53 billion OptionableOptionable Beta0.92 Social Links The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesMr. Jason P. Wells (Age 46)President, CEO & Director Comp: $3.16MMr. Christopher A. Foster (Age 44)Executive VP & CFO Comp: $2.1MMs. Monica Karuturi (Age 45)Executive VP & General Counsel Comp: $1.77MMs. Lynne Louise Harkel-Rumford (Age 67)Executive VP & Chief Human Resources Officer Comp: $1.1MMr. Jason Michael Ryan (Age 48)Executive Vice President of Regulatory Services & Government Affairs Comp: $1.43MMr. Russell Keith Wright (Age 40)Vice President, Financial Planning & Analysis and Interim Chief Accounting Officer Mr. Kenneth E. ColemanSenior VP & Chief Information OfficerJacqueline M. Richert (Age 40)Vice President of Investor Relations & Treasurer Ms. Carol R. Helliker (Age 63)Chief Ethics & Compliance Officer, Senior VP & Deputy General Counsel Mr. Darin CarrollSenior Vice President of Natural Gas BusinessMore ExecutivesKey CompetitorsDTE EnergyNYSE:DTEDominion EnergyNYSE:DCentrais Elétricas Brasileiras S.A. - EletrobrásNYSE:EBRFortisNYSE:FTSNRG EnergyNYSE:NRGView All CompetitorsInsiders & InstitutionsHennessy Advisors Inc.Sold 19,600 shares on 4/16/2024Ownership: 0.072%Ausbil Investment Management LtdSold 31,365 shares on 4/16/2024Ownership: 0.024%Wealth Enhancement Advisory Services LLCBought 574 shares on 4/16/2024Ownership: 0.004%Atlas Capital Advisors LLCSold 997 shares on 4/15/2024Ownership: 0.002%Brookstone Capital ManagementSold 1,944 shares on 4/15/2024Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions Should I Buy CenterPoint Energy Stock? CNP Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in CenterPoint Energy, Inc.: CenterPoint Energy stock has shown resilience with a 1-year high of $31.43, indicating potential for growth. The company operates in the Electric services industry, which is essential and stable, providing a reliable revenue stream. Recent quarterly earnings results met analysts' consensus estimates, demonstrating consistency in performance. Strong institutional investor ownership at 91.77% indicates confidence in the company's future prospects. CenterPoint Energy's market cap of $18.04 billion signifies its position as a significant player in the market. Cons Investors should be bearish about investing in CenterPoint Energy, Inc. for these reasons: The company's debt-to-equity ratio of 1.82 may pose a risk due to higher leverage levels. The stock's beta of 0.92 indicates moderate volatility compared to the market average. CenterPoint Energy's price-to-earnings-growth ratio of 2.33 suggests a potentially overvalued stock. The current ratio of 0.78 and quick ratio of 0.58 may raise concerns about the company's liquidity position. Despite recent positive developments, the stock's 50-day moving average is below the 200-day moving average, signaling a potential short-term bearish trend. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these CenterPoint Energy pros and cons to contact@marketbeat.com. CNP Stock Analysis - Frequently Asked Questions Should I buy or sell CenterPoint Energy stock right now? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CenterPoint Energy in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CNP shares. View CNP analyst ratings or view top-rated stocks. What is CenterPoint Energy's stock price target for 2024? 10 Wall Street analysts have issued 1-year target prices for CenterPoint Energy's shares. Their CNP share price targets range from $27.00 to $33.00. On average, they anticipate the company's share price to reach $30.30 in the next twelve months. This suggests a possible upside of 9.4% from the stock's current price. View analysts price targets for CNP or view top-rated stocks among Wall Street analysts. How have CNP shares performed in 2024? CenterPoint Energy's stock was trading at $28.57 at the beginning of the year. Since then, CNP stock has decreased by 3.1% and is now trading at $27.6950. View the best growth stocks for 2024 here. Are investors shorting CenterPoint Energy? CenterPoint Energy saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 11,720,000 shares, a decrease of 5.3% from the March 15th total of 12,380,000 shares. Based on an average daily trading volume, of 4,240,000 shares, the days-to-cover ratio is currently 2.8 days. View CenterPoint Energy's Short Interest. When is CenterPoint Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024. View our CNP earnings forecast. How can I listen to CenterPoint Energy's earnings call? CenterPoint Energy will be holding an earnings conference call on Tuesday, April 30th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were CenterPoint Energy's earnings last quarter? CenterPoint Energy, Inc. (NYSE:CNP) released its quarterly earnings data on Tuesday, February, 20th. The utilities provider reported $0.32 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.32. The utilities provider earned $2.18 billion during the quarter, compared to the consensus estimate of $2.83 billion. CenterPoint Energy had a net margin of 10.55% and a trailing twelve-month return on equity of 10.44%. During the same quarter last year, the firm posted $0.28 EPS. Read the conference call transcript. How often does CenterPoint Energy pay dividends? What is the dividend yield for CenterPoint Energy? CenterPoint Energy announced a quarterly dividend on Thursday, December 14th. Shareholders of record on Thursday, February 15th will be paid a dividend of $0.20 per share on Thursday, March 14th. This represents a $0.80 annualized dividend and a dividend yield of 2.89%. The ex-dividend date of this dividend is Wednesday, February 14th. Read our dividend analysis for CNP. Is CenterPoint Energy a good dividend stock? CenterPoint Energy (NYSE:CNP) pays an annual dividend of $0.80 per share and currently has a dividend yield of 2.92%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 58.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CNP will have a dividend payout ratio of 46.24% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CNP. What ETFs hold CenterPoint Energy's stock? ETFs with the largest weight of CenterPoint Energy (NYSE:CNP) stock in their portfolio include Virtus Reaves Utilities ETF (UTES), Invesco S&P 500 Equal Weight Utilities ETF (RSPU), Invesco S&P 500 Equal Weight Utilities ETF (RYU), Invesco Real Assets ESG ETF (IVRA), Invesco Dorsey Wright Utilities Momentum ETF (PUI), Utilities Select Sector SPDR Fund (XLU), Neuberger Berman Carbon Transition & Infrastructure ETF (NBCT) and First Trust Utilities AlphaDEX Fund (FXU). What guidance has CenterPoint Energy issued on next quarter's earnings? CenterPoint Energy updated its FY24 earnings guidance on Tuesday, February, 20th. The company provided earnings per share (EPS) guidance of $1.61-1.63 for the period, compared to the consensus earnings per share estimate of $1.62. What is David J. Lesar's approval rating as CenterPoint Energy's CEO? 9 employees have rated CenterPoint Energy Chief Executive Officer David J. Lesar on Glassdoor.com. David J. Lesar has an approval rating of 100% among the company's employees. This puts David J. Lesar in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 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 Ford Motor (F). Who are CenterPoint Energy's major shareholders? CenterPoint Energy's stock is owned by a variety of retail and institutional investors. Top institutional investors include Hennessy Advisors Inc. (0.07%), Miller Howard Investments Inc. NY (0.04%), Ausbil Investment Management Ltd (0.02%), Czech National Bank (0.02%), NBC Securities Inc. (0.02%) and Threadgill Financial LLC (0.01%). Insiders that own company stock include Barry T Smitherman, Christopher A Foster, David J Lesar, David J Lesar, Jason P Wells, Jason P Wells and Ted Pound. View institutional ownership trends. How do I buy shares of CenterPoint Energy? Shares of CNP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Does CenterPoint Energy have any subsidiaries? The following companies are subsidiares of CenterPoint Energy: Asgard Energy, CenterPoint Energy Houston Electric LLC, CenterPoint Energy Investment Management Inc., CenterPoint Energy Midstream Inc. , CenterPoint Energy Resources Corp. , Continuum Energy, Indiana Gas Company Inc, Southern Indiana Gas and Electric Company, Utility Holding LLC, Vectren Corporation, Vectren Energy Delivery of Ohio Inc., and Vectren Utility Holdings Inc..Read More This page (NYSE:CNP) was last updated on 4/18/2024 by MarketBeat.com Staff From Our PartnersHe Is Giving Away BitcoinCrypto Swap Profits[Urgent!] Generational Wealth GameplanCrypto 101 MediaThe “Perfect Storm” for GoldGold Safe ExchangeTop 5 AI Stocks to Buy for 2024Market Moving TrendsTop 5 Tech Stocks to Buy for 2024Daily Market AlertsBiden out June 13; Kamala won’t replace him?Paradigm PressYour Money is Not SafeAmerican AlternativeUrgent alert: open this for a huge profit potentialTimothy Sykes Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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