NYSE:CNP CenterPoint Energy (CNP) Stock Price, News & Analysis → Did You Get Your Free Bitcoin Yet? (From Crypto Swap Profits) (Ad) Free CNP Stock Alerts $28.51 +0.22 (+0.78%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$28.24▼$28.5450-Day Range$27.14▼$28.5252-Week Range$25.42▼$31.43Volume4.44 million shsAverage Volume4.18 million shsMarket Capitalization$18.05 billionP/E Ratio20.96Dividend Yield2.81%Price Target$30.73 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 Buy2.55 Rating ScoreUpside/Downside7.8% Upside$30.73 Price TargetShort InterestHealthy1.96% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-5.23Upright™ Environmental ScoreNews SentimentN/AInsider TradingN/AProj. Earnings Growth6.13%From $1.63 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.3.98 out of 5 starsUtilities Sector35th out of 90 stocksElectric Services Industry19th out of 40 stocks 2.3 Analyst's Opinion Consensus RatingCenterPoint Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.55, and is based on 7 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $30.73, CenterPoint Energy has a forecasted upside of 7.8% from its current price of $28.51.Amount of Analyst CoverageCenterPoint Energy has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.96% 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 3.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in CenterPoint Energy has recently increased by 3.25%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldCenterPoint Energy pays a meaningful dividend of 2.94%, 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 2.5 News and Social Media Coverage News SentimentCenterPoint Energy has a news sentiment score of 0.55. 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 news sentiment score is similar to the average news sentiment of Utilities companies.Search Interest14 people have searched for CNP on MarketBeat in the last 30 days. This is an increase of 133% compared to the previous 30 days.MarketBeat Follows8 people have added CenterPoint Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 300% 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 0.18% 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 6.13% in the coming year, from $1.63 to $1.73 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CenterPoint Energy is 20.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 148.81.Price to Earnings Ratio vs. SectorThe P/E ratio of CenterPoint Energy is 20.96, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 76.04.Price to Earnings Growth RatioCenterPoint Energy has a PEG Ratio of 2.23. 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 1.86. 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 DTIWarning: this could blow your mindBuckle up… ‘Cause this might shatter everything you’ve heard about “income trading”. In fact, it’s such an extreme diversion from what most people think of typical income trades that I call it: The Perfect Income Trade You see, most of the income techniques out there target a couple of percent. Maybe 5 - 10 percent if you’re lucky. But this new way of trading income on the world’s top stocks goes after more than 10x that kind of return. And here’s the best news of all: This trade can target an opportunity like that every week. Every single week. Meaning an investor has the chance to “stack up” these more aggressive income trades over and over. If that sounds interesting…Watch the presentation here 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 HeadlinesMarch 20, 2024 | seekingalpha.comCenterPoint Energy's Growth Offsets Increased Share IssuanceMarch 16, 2024 | nasdaq.comNovember 15th Options Now Available For CenterPoint Energy (CNP)March 29, 2024 | DTI (Ad)the most reliable asset on earth is making a comebackGlobal tensions have been pushing the price of gold to all time highs… Just recently, gold peaked at a record $2,000 (and is now closer to $2,200). And there’s something else critical at play right now in the world’s largest asset. Because of these critical factors, a lot of massive investment institutions are now pumping more money into gold. And as we speak, some are even calling for a massive rally in the precious metal.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 29, 2024 | DTI (Ad)the most reliable asset on earth is making a comebackGlobal tensions have been pushing the price of gold to all time highs… Just recently, gold peaked at a record $2,000 (and is now closer to $2,200). And there’s something else critical at play right now in the world’s largest asset. Because of these critical factors, a lot of massive investment institutions are now pumping more money into gold. And as we speak, some are even calling for a massive rally in the precious metal.March 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 billionFebruary 20, 2024 | msn.comCenterPoint Energy (CNP) Meets Q4 Earnings EstimatesFebruary 20, 2024 | reuters.comCenterPoint to sell Louisiana, Mississippi natgas assets for $1.2 blnFebruary 20, 2024 | marketwatch.comCenterPoint Energy to Divest Mississippi, Louisiana Natural Gas Assets for $1.2BFebruary 20, 2024 | msn.comCenterPoint Non-GAAP EPS of $0.32 in-line; reaffirms FY24 outlookFebruary 20, 2024 | msn.comCenterPoint Energy to sell Louisiana, Mississippi gas assets in $1.2B dealFebruary 20, 2024 | markets.businessinsider.comCenterPoint Energy Inc Q4 Profit Increases, Inline With EstimatesFebruary 20, 2024 | reuters.comCenterPoint to sell natgas assets in Louisiana and Mississippi for $1.2 blnFebruary 20, 2024 | finance.yahoo.comCenterPoint Energy announces sale of its Louisiana and Mississippi natural gas assets to Bernhard Capital Partners for $1.2 billionFebruary 20, 2024 | finance.yahoo.comCenterPoint Energy Reports Strong Q4 and Full-year 2023 Results; Increases Capital Investment Plan; Reiterates 2024 GuidanceFebruary 20, 2024 | finance.yahoo.comCenterPoint Energy Inc (CNP) Reports Strong Earnings Growth and Capital Investment PlansSee 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 Payable3/14/2024Today3/28/2024Next Earnings (Estimated)4/25/2024Fiscal 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$30.73 High Stock Price Target$35.00 Low Stock Price Target$27.00 Potential Upside/Downside+7.8%Consensus RatingModerate Buy Rating Score (0-4)2.55 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$1.36 Trailing P/E Ratio20.96 Forward P/E Ratio17.49 P/E Growth2.23Net 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 / Sales2.08 Cash Flow$3.99 per share Price / Cash Flow7.15 Book Value$15.31 per share Price / Book1.86Miscellaneous Outstanding Shares633,030,000Free Float631,892,000Market Cap$18.05 billion OptionableOptionable Beta0.92 Social Links Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. Jason P. Wells (Age 46)President, CEO & Director Comp: $1.72MMs. Monica Karuturi (Age 45)Executive VP & General Counsel Comp: $1.39MMr. Christopher A. Foster (Age 45)Executive VP & CFO Mr. 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 Ms. Lynne Louise Harkel-Rumford (Age 67)Executive VP & Chief Human Resources Officer Mr. Jason Michael Ryan (Age 48)Executive Vice President of Regulatory Services & Government Affairs Mr. Darin CarrollSenior Vice President of Natural Gas BusinessMore ExecutivesKey CompetitorsDTE EnergyNYSE:DTEDominion EnergyNYSE:DFortisNYSE:FTSCentrais Elétricas Brasileiras S.A. - EletrobrásNYSE:EBRPPLNYSE:PPLView All CompetitorsInsiders & InstitutionsQuadrature Capital LtdBought 8,056 shares on 3/25/2024Ownership: 0.001%PNC Financial Services Group Inc.Bought 14,761 shares on 3/22/2024Ownership: 0.017%Grayhawk Investment Strategies Inc.Bought 20,085 shares on 3/21/2024Ownership: 0.003%B. Riley Wealth Advisors Inc.Sold 1,184 shares on 3/15/2024Ownership: 0.003%Hennessy Advisors Inc.Sold 13,100 shares on 3/14/2024Ownership: 0.075%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's stock price has shown stability with a 52-week low of $25.42 and a 52-week high of $31.43, indicating a consistent performance in the market. The company operates as a public utility holding company in the United States, providing essential services in the Electric and Natural Gas segments, which are known for their stable revenue streams. Recent insider transactions, such as CFO Christopher A. Foster buying 5,000 shares of the company's stock, can signal confidence in the company's future prospects. CenterPoint Energy has a market capitalization of $17.24 billion, reflecting its position as a significant player in the industry. Institutional investors and hedge funds own a substantial portion (88.96%) of the company's stock, indicating confidence from large financial entities. Cons Investors should be bearish about investing in CenterPoint Energy, Inc. for these reasons: The company's P/E ratio of 20.07 and P/E/G ratio of 2.29 may indicate that the stock is currently overvalued compared to its growth prospects, potentially limiting short-term gains. While the company provides essential services, regulatory changes in the utility sector could impact CenterPoint Energy's operations and profitability. Market competition and technological advancements in the energy sector could pose challenges for CenterPoint Energy in maintaining its market position and growth trajectory. Fluctuations in natural gas prices and demand could affect the company's revenue and profitability, as the Natural Gas segment is a significant part of its business. Investors should consider the overall economic conditions and market trends, as external factors can influence the performance of utility companies like CenterPoint Energy. 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, March 27, 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? 11 Wall Street equities research 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 7 buy ratings for the stock. The consensus among Wall Street equities research 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? 11 Wall Street analysts have issued 1 year price objectives for CenterPoint Energy's shares. Their CNP share price targets range from $27.00 to $35.00. On average, they expect the company's share price to reach $30.73 in the next year. This suggests a possible upside of 7.8% 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 start of the year. Since then, CNP shares have decreased by 0.2% and is now trading at $28.51. View the best growth stocks for 2024 here. When is CenterPoint Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024. View our CNP earnings forecast. How were CenterPoint Energy's earnings last quarter? CenterPoint Energy, Inc. (NYSE:CNP) issued its quarterly earnings data on Tuesday, February, 20th. The utilities provider reported $0.32 EPS for the quarter, meeting the consensus estimate of $0.32. The utilities provider had revenue of $2.18 billion for the quarter, compared to analyst estimates of $2.83 billion. CenterPoint Energy had a trailing twelve-month return on equity of 10.44% and a net margin of 10.55%. During the same quarter in the prior year, the company 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 declared 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 dividend on an annualized basis and a dividend yield of 2.81%. The ex-dividend date 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 2.94%. 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 Dorsey Wright Utilities Momentum ETF (PUI), Neuberger Berman Carbon Transition & Infrastructure ETF (NBCT), Utilities Select Sector SPDR Fund (XLU), Nuveen ESG Mid-Cap Value ETF (NUMV) and PGIM Jennison Focused Value ETF (PJFV). What guidance has CenterPoint Energy issued on next quarter's earnings? CenterPoint Energy issued an update on its FY24 earnings guidance on Tuesday, February, 20th. The company provided earnings per share guidance of $1.61-1.63 for the period, compared to the consensus EPS 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 institutional and retail investors. Top institutional investors include Capital International Investors (13.13%), Vanguard Group Inc. (12.11%), Vanguard Group Inc. (12.10%), Capital Research Global Investors (3.65%), Boston Partners (2.69%) and Cohen & Steers Inc. (1.27%). 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 3/29/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryAI healthcare stock poised for 36,996% growth?Behind the Markets Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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