NYSE:CNP CenterPoint Energy (CNP) Stock Price, News & Analysis → Top 5 AI Stocks to Buy for 2024 (From Market Moving Trends) (Ad) Free CNP Stock Alerts $30.43 +0.26 (+0.86%) (As of 06/10/2024 ET) Add Compare Share Share Today's Range$30.05▼$30.5050-Day Range$27.21▼$30.8452-Week Range$25.42▼$31.43Volume3.57 million shsAverage Volume4.39 million shsMarket Capitalization$19.47 billionP/E Ratio21.43Dividend Yield2.63%Price Target$30.80 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get CenterPoint Energy alerts: Email Address CenterPoint Energy MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside1.2% Upside$30.80 Price TargetShort InterestHealthy1.89% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-5.23Upright™ Environmental ScoreNews Sentiment1.34Based on 6 Articles This WeekInsider TradingSelling Shares$166,811 Sold Last QuarterProj. Earnings Growth8.02%From $1.62 to $1.75 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.3.60 out of 5 starsUtilities Sector43rd out of 87 stocksElectric Services Industry20th out of 41 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.Read more about CenterPoint Energy's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.89% 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 2.7, 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 2.72%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldCenterPoint Energy pays a meaningful dividend of 2.65%, 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 56.34%. 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 45.71% next year. This indicates that CenterPoint Energy will be able to sustain or increase its dividend.Read more about CenterPoint Energy's 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 3.0 News and Social Media Coverage News SentimentCenterPoint Energy has a news sentiment score of 1.34. 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 0.94 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 6 news articles for CenterPoint Energy this week, compared to 6 articles on an average week.Search InterestOnly 2 people have searched for CNP on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows6 people have added CenterPoint Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CenterPoint Energy insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $166,811.00 in 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.Read more about CenterPoint Energy's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for CenterPoint Energy are expected to grow by 8.02% in the coming year, from $1.62 to $1.75 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CenterPoint Energy is 21.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.94.Price to Earnings Ratio vs. SectorThe P/E ratio of CenterPoint Energy is 21.43, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 92.88.Price to Earnings Growth RatioCenterPoint Energy has a PEG Ratio of 2.66. 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 1.99. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about CenterPoint Energy's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsProtect Your Bank Account Before It’s Too LateFor months I’ve been warning about the federal government’s terrifying new program to control every American’s bank account. It gives them the power to monitor every single transaction …Stop right now and do these 3 things to protect yourself 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 HeadlinesJune 9 at 2:12 AM | americanbankingnews.comCenterPoint Energy (NYSE:CNP) Rating Lowered to Sell at StockNews.comMay 29, 2024 | msn.comStorm leaves 30,0000 CenterPoint customers without power Wednesday morningMay 29, 2024 | msn.comNearly 450K Texas customers still without power after severe stormsMay 24, 2024 | msn.comCenterPoint says its storm restoration costs will be at least $100 million. Who will pay for that?May 24, 2024 | msn.comConsumer groups say they don't support proposed CenterPoint rate hike settlementMay 22, 2024 | msn.comLeaders ‘alarmed’ at settlement filed in CenterPoint rate hike proposalMay 21, 2024 | msn.comMany of you have told us the CenterPoint Energy map isn't accurate. Here's what CenterPoint told us.May 21, 2024 | finance.yahoo.comHouston Storm Hit Most-Stressed US Grid With Power Outages at 140,000May 21, 2024 | msn.comCenterPoint releases searchable map for updates on power restorationMay 21, 2024 | finance.yahoo.comIs Now The Time To Look At Buying CenterPoint Energy, Inc. (NYSE:CNP)?May 20, 2024 | msn.comHave you received a text from CenterPoint saying your power was restored, but it isn't? Here's whyMay 20, 2024 | msn.comCenterPoint reported 224K customers without power Monday. When will the power be fully restored?May 17, 2024 | bizjournals.comHouston-area storm aftermath: Power outages, closures and more to know about (unlocked)May 17, 2024 | msn.comCenterPoint Energy sees Houston-area restoration taking several days or longerMay 4, 2024 | finance.yahoo.comInsider Sale: Director Barry Smitherman Sells Shares of CenterPoint Energy Inc (CNP)May 3, 2024 | finance.yahoo.comEarnings Report: CenterPoint Energy, Inc. Missed Revenue Estimates By 5.1%May 2, 2024 | finance.yahoo.comCenterPoint Energy First Quarter 2024 Earnings: EPS Beats Expectations, Revenues LagMay 1, 2024 | finance.yahoo.comCenterPoint Energy, Inc. (NYSE:CNP) Q1 2024 Earnings Call TranscriptMay 1, 2024 | finance.yahoo.comCenterPoint Energy Inc (CNP) (Q1 2024) Earnings Call Transcript Highlights: Strategic Growth ...April 30, 2024 | finance.yahoo.comQ1 2024 CenterPoint Energy Inc Earnings CallApril 30, 2024 | seekingalpha.comCenterPoint Energy, Inc. 2024 Q1 - Results - Earnings Call PresentationApril 30, 2024 | markets.businessinsider.comCenterPoint Energy Inc Q1 Profit Increases, beats estimatesApril 30, 2024 | finance.yahoo.comCenterPoint Energy beats first-quarter profit estimatesApril 30, 2024 | businesswire.comCenterPoint Energy Reports Strong Q1 2024 Results; Files System Resiliency Plan; Reiterates 2024 Full Year GuidanceApril 29, 2024 | msn.comCenterPoint proposes $2B in investments to strengthen its system against extreme weatherSee 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 Dividend2/14/2024Dividend Payable3/14/2024Last Earnings4/30/2024Ex-Dividend for 6/13 Dividend5/15/2024Today6/10/2024Dividend Payable6/13/2024Next Earnings (Estimated)7/25/2024Fiscal 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$30.80 High Stock Price Target$33.00 Low Stock Price Target$29.00 Potential Upside/Downside+1.9%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$1.42 Trailing P/E Ratio21.30 Forward P/E Ratio18.67 P/E Growth2.66Net Income$917 million Net Margins11.03% Pretax Margin13.03% Return on Equity10.57% Return on Assets2.61% Debt Debt-to-Equity Ratio1.81 Current Ratio1.25 Quick Ratio1.06 Sales & Book Value Annual Sales$8.70 billion Price / Sales2.22 Cash Flow$3.81 per share Price / Cash Flow7.93 Book Value$15.31 per share Price / Book1.98Miscellaneous Outstanding Shares639,720,000Free Float638,892,000Market Cap$19.35 billion OptionableOptionable Beta0.91 Social Links (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Jason P. Wells (Age 46)President, CEO & Director Comp: $3.16MMr. Christopher A. Foster (Age 45)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 CompetitorsPG&ENYSE:PCGSempraNYSE:SREDominion EnergyNYSE:DPublic Service Enterprise GroupNYSE:PEGConsolidated EdisonNYSE:EDView All CompetitorsInsiders & InstitutionsDekaBank Deutsche GirozentraleBought 2,196 shares on 6/4/2024Ownership: 0.016%Boston PartnersBought 556,802 shares on 5/28/2024Ownership: 2.743%Teachers Retirement System of The State of KentuckySold 2,674 shares on 5/28/2024Ownership: 0.008%Cetera Investment AdvisersBought 40,878 shares on 5/24/2024Ownership: 0.014%Cetera Advisors LLCBought 5,891 shares on 5/24/2024Ownership: 0.003%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 has a stable dividend payout ratio of 56.34%, providing investors with consistent income. The company operates in the Electric and Natural Gas segments, essential services with steady demand, offering stability to investors. CenterPoint Energy has a healthy net margin of 11.03%, indicating efficient cost management and profitability. Investors can benefit from the company's return on equity of 10.57%, showcasing effective utilization of shareholder funds. With an anticipated earnings per share of 1.62 for the current fiscal year, there is potential for growth and positive financial performance. Cons Investors should be bearish about investing in CenterPoint Energy, Inc. for these reasons: The company's stock price may be influenced by external factors such as regulatory changes in the utility sector, leading to volatility. CenterPoint Energy's dividend yield of 2.69% may be considered low by some investors seeking higher returns. Fluctuations in energy prices could impact the company's financial performance and stock valuation, posing risks to investors. Investors should monitor interest rate movements as they can affect the cost of capital for utility companies like CenterPoint Energy. Market competition and technological advancements in the energy sector could challenge CenterPoint Energy's market position and growth prospects. 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 Saturday, June 8, 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 equities research analysts have issued "buy," "hold," and "sell" ratings for CenterPoint Energy in the last year. There are currently 1 sell rating, 3 hold ratings and 6 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? 10 Wall Street analysts have issued 12-month price objectives for CenterPoint Energy's shares. Their CNP share price targets range from $29.00 to $33.00. On average, they expect the company's share price to reach $30.80 in the next year. This suggests a possible upside of 1.2% 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 on January 1st, 2024. Since then, CNP stock has increased by 6.5% and is now trading at $30.43. 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, July 25th 2024. View our CNP earnings forecast. How were CenterPoint Energy's earnings last quarter? CenterPoint Energy, Inc. (NYSE:CNP) announced its quarterly earnings results on Tuesday, April, 30th. The utilities provider reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.02. The utilities provider earned $2.62 billion during the quarter, compared to analysts' expectations of $2.82 billion. CenterPoint Energy had a net margin of 11.03% and a trailing twelve-month return on equity of 10.57%. During the same period in the previous year, the firm posted $0.50 earnings per share. 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 Friday, April 26th. Investors of record on Thursday, May 16th will be paid a dividend of $0.20 per share on Thursday, June 13th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.63%. The ex-dividend date is Wednesday, May 15th. 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 2.65%. 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 56.34%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CNP will have a dividend payout ratio of 45.71% 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), First Trust Utilities AlphaDEX Fund (FXU), Capital Group Dividend Growers ETF (CGDG) and Utilities Select Sector SPDR Fund (XLU). What guidance has CenterPoint Energy issued on next quarter's earnings? CenterPoint Energy updated its FY24 earnings guidance on Tuesday, April, 30th. The company provided earnings per share guidance of $1.61-1.63 for the period, compared to the consensus 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 number of institutional and retail investors. Top institutional shareholders include Capital International Investors (13.09%), Vanguard Group Inc. (11.80%), Boston Partners (2.74%), Capital Research Global Investors (2.36%), Price T Rowe Associates Inc. MD (1.66%) and Jennison Associates LLC (1.11%). Insiders that own company stock include Barry T Smitherman, Christopher A Foster, David J Lesar, 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 6/10/2024 by MarketBeat.com Staff From Our PartnersBill Clinton Backing Biden Replacement???Do you want to see who I believe will be the next president of the U.S.A? 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