CenterPoint Energy, Inc. (CNP)
| Market Cap | 21.22B |
| Revenue (ttm) | 8.56B |
| Net Income (ttm) | 963.00M |
| Shares Out | 651.73M |
| EPS (ttm) | 1.50 |
| PE Ratio | 21.69 |
| Forward PE | 18.71 |
| Dividend | $0.84 (2.58%) |
| Ex-Dividend Date | Nov 21, 2024 |
| Volume | 4,507,108 |
| Open | 32.74 |
| Previous Close | 32.80 |
| Day's Range | 32.29 - 32.81 |
| 52-Week Range | 25.41 - 33.00 |
| Beta | 0.95 |
| Analysts | Hold |
| Price Target | 30.96 (-4.91%) |
| Earnings Date | Feb 18, 2025 |
About 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, L... [Read more]
Financial Performance
In 2023, CenterPoint Energy's revenue was $8.70 billion, a decrease of -6.71% compared to the previous year's $9.32 billion. Earnings were $867.00 million, a decrease of -13.99%.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for CNP stock is "Hold." The 12-month stock price forecast is $30.96, which is a decrease of -4.91% from the latest price.
News
As temperatures drop, CenterPoint Energy continues mobilizing response efforts for Winter Storm Enzo projected to impact the Greater Houston area Monday evening
Forecasts converge on freezing precipitation and accumulation across Greater Houston as National Weather Service upgrades advisory to a Winter Storm Warning Three staging sites set-up and approximatel...
CenterPoint Energy mobilizes to respond to winter storm projected to impact the Greater Houston area
Forecasts converge on freezing precipitation and accumulation Approximately 1,200 additional mutual aid workers will arrive by Monday to support potential restoration efforts National Weather Service ...
As weather models start to align toward freezing precipitation and ERCOT issues Weather Watch, CenterPoint Energy continues preparations and secures additional mutual aid support
Company continues monitoring the evolving weather situation over the MLK Jr Holiday weekend and is activating nearly 1,200 additional mutual aid workers to help execute potential restoration work ERCO...
CenterPoint Energy, Inc. to Host Webcast of Fourth Quarter & Full Year 2024 Earnings Conference Call
Houston, TX, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Date: January 16, 2025 Time: 7:00 a.m. Central time or 8:00 a.m.
CenterPoint readies for second major cold snap of 2025 and is deploying its cold weather readiness plan
Pre-winter readiness actions completed by the company in December; crews performing readiness checklists for electric and natural gas systems Customers urged to have a plan and make preparations for p...
To better serve customers and local communities in 2025, CenterPoint Energy launches state-specific social media accounts to provide tailored experience across its multi-state service territory
New options available on X for Texas, Indiana, Ohio and Minnesota Follow @CenterPoint_TX to receive the most up-to-date information on the company's operations in the Greater Houston area and across T...
Responding to Texas Governor's State of Emergency Declaration for Approaching Winter Storm, CenterPoint Energy Continues to Vigilantly Monitor Forecasts, Deploy Cold Weather Mitigations and Remains Ready to Respond to Potential Severe Weather Impacts
CenterPoint has already completed its winter preparedness checklist and shared it with regulators and stakeholders and continues coordinating with emergency responders across Texas to prepare for expe...
CenterPoint Energy makes preparations for first major cold snap of 2025
Texas, Louisiana and Mississippi teams prepare for potential storms and severe weather this weekend and major cold snap next week Indiana and Ohio teams prepare for ice and snowstorms expected next we...
CenterPoint Energy shares New Year's resolution checklist to help customers save energy and money while staying safe
Company encourages customers to make 2025 their most energy efficient year yet HOUSTON , Dec. 31, 2024 /PRNewswire/ -- CenterPoint Energy encourages customers to keep safety and energy efficiency top ...
CenterPoint Energy proposes solution to help mitigate ERCOT's regional energy shortfall in Central Texas while lowering Greater Houston-area customer bills
Proposal would send all 15 large emergency generation units to the San Antonio region for two years starting in Spring 2025 Company would make no revenue or profit off the proposal to help ERCOT and t...
CenterPoint Energy announces senior leadership changes
Richard C. Leger appointed to lead CenterPoint Energy Gas business on a permanent basis Bertha Villatoro elevated to Chief Human Resources Officer Current CHRO Lynne Harkel-Rumford to retire HOUSTON ,...
CenterPoint Energy appoints Dean Seavers as new Board member
HOUSTON , Dec. 16, 2024 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) today announced the appointment of Dean Seavers, former President of National Grid U.S. and Executive Director of National ...
CenterPoint Energy Declares Regular Common Stock Dividend of $0.2200
HOUSTON , Dec. 13, 2024 /PRNewswire/ -- CenterPoint Energy, Inc.'s (NYSE: CNP) Board of Directors today declared a regular quarterly cash dividend of $0.2200 per share on the issued and outstanding sh...
CenterPoint Energy launches "12 Days of Holiday Safety" winter campaign
Holiday campaign to include daily social media tips to keep friends, family and neighbors safe during the holiday season and to promote the importance of preparedness and safety for winter storm seaso...
Greater Houston Resiliency Initiative Phase Two Monthly Update: CenterPoint Energy continues to make good progress with more than 7,000 stronger poles installed across the area in less than 100 days
Actions throughout GHRI Phase Two include installation of stronger poles, clearance of more vegetation miles, undergrounding of more power lines and additional "self-healing" devices When complete, GH...
CenterPoint Energy announces critical readiness actions in Texas to prepare for 2025 winter storm season
CenterPoint shares regulatory declaration of winter readiness and completion of key actions to inspect and test equipment, strengthen the grid, and prepare for winter storm events Company participated...
CenterPoint Energy continues to invest in the safety, reliability and resiliency of its natural gas system to benefit customers
The company filed a settlement agreement with the Minnesota Public Utilities Commission reached with intervenors on its 2023 rate case MINNEAPOLIS , Nov. 25, 2024 /PRNewswire/ -- Today, CenterPoint En...
Greater Houston Resiliency Initiative Progress Update: CenterPoint Energy Makes Significant Advances on Critical Resiliency Actions
Company has installed or replaced nearly 4,600 stronger storm-resilient poles; cleared more than 800 miles of higher-risk vegetation; undergrounded more than 100 miles of power lines; and installed do...
CenterPoint Energy Completes All 42 of Its Initial Post-Beryl Commitments to Improve Resiliency and Strengthen Emergency Operations
Announcement follows completion of 350 more miles of newly hardened powerlines, on top of additional resiliency and hardening actions completed during Phase One of the Greater Houston Resiliency Initi...
CenterPoint Energy Outlines Plan to Minimize May 2024 Derecho Storm Bill Impact for Electric Customers
Company plans to spread emergency Derecho response costs of approximately $450 million across 15 years; Customer bill impact expected to be about $1 per month Financial method expected to save custome...
CenterPoint Energy Plans to Work Toward Resolution of its 2024 Rate Case
Company has completed Phase One of the Greater Houston Resiliency Initiative; continues to make progress on Phase Two of the Greater Houston Resiliency Initiative to be better prepared for 2025 hurric...
Hurricane Rafael Projected to Weaken and Remain in the Southern Gulf of Mexico over the Weekend and Could Bring Isolated Rain and Wind to Texas and Louisiana; CenterPoint Energy Will Continue to Monitor throughout the Weekend
Teams will remain on standby and ready to respond to any changes with enhanced staffing plans if needed Most CenterPoint teams will return to normal business operations status HOUSTON , Nov. 8, 2024 /...
As Hurricane Rafael Crosses the South-Central Gulf of Mexico, CenterPoint Energy Continues to Monitor and Remains Ready to Respond
Teams remain ready to respond with enhanced staffing plans and conducting pre-landfall emergency preparedness protocols Customer natural gas disconnections have been suspended in Texas, Louisiana, an...
As Rafael Intensifies into Category 3 Hurricane, CenterPoint Energy Remains Vigilant and Prepared for Impacts Across Multi-State, Gulf Coast Service Area
Company continuing to urge electric and natural gas customers in Texas, Louisiana and Mississippi to take proactive safety measures Teams are instituting enhanced staffing plans and conducting pre-lan...
CenterPoint Energy Continuing to Plan and Prepare for Impacts from Tropical Storm Rafael Across its Multi-State Gulf Coast Service Area
CenterPoint continuing to monitor the latest weather updates and forecasts to be ready to respond to the potential effects of Tropical Storm Rafael Company continuing to communicate to electric and na...