CenterPoint Energy, Inc. (CNP)
NYSE: CNP · Real-Time Price · USD
30.44
+0.38 (1.26%)
Nov 12, 2024, 4:00 PM EST - Market closed
CenterPoint Energy Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for CenterPoint Energy stock have an average target of 29.83, with a low estimate of 28 and a high estimate of 32. The average target predicts a decrease of -2.00% from the current stock price of 30.44.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for CNP stock from 13 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 5 | 4 | 1 | 0 | 0 | 0 |
| Hold | 3 | 4 | 8 | 10 | 10 | 10 |
| Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 12 | 13 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Hold Maintains $28 → $30 | Hold | Maintains | $28 → $30 | -1.45% | Oct 29, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $28 → $32 | Hold | Maintains | $28 → $32 | +5.12% | Oct 16, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $30 → $32 | Hold | Maintains | $30 → $32 | +5.12% | Sep 25, 2024 |
| B of A Securities | B of A Securities | Hold Initiates $29 | Hold | Initiates | $29 | -4.73% | Sep 12, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $28 | Hold | Maintains | $28 | -8.02% | Aug 26, 2024 |
Financial Forecast
Revenue This Year
9.08B
from 8.70B
Increased by 4.45%
Revenue Next Year
9.42B
from 9.08B
Increased by 3.66%
EPS This Year
1.63
from 1.37
Increased by 19.04%
EPS Next Year
1.76
from 1.63
Increased by 7.70%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.8B | 10.4B | 10.6B | ||
| Avg | 9.1B | 9.4B | 9.6B | ||
| Low | 8.4B | 8.8B | 8.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.5% | 14.2% | 12.6% | ||
| Avg | 4.5% | 3.7% | 1.6% | ||
| Low | -3.0% | -2.8% | -6.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.72 | 1.84 | 2.01 | ||
| Avg | 1.63 | 1.76 | 1.88 | ||
| Low | 1.55 | 1.66 | 1.76 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 25.7% | 12.7% | 14.2% | ||
| Avg | 19.0% | 7.7% | 7.3% | ||
| Low | 13.0% | 1.6% | 0.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.