CenterPoint Energy, Inc. (CNP)
| Market Cap | 22.96B |
| Revenue (ttm) | 8.64B |
| Net Income (ttm) | 1.02B |
| Shares Out | 651.73M |
| EPS (ttm) | 1.58 |
| PE Ratio | 22.30 |
| Forward PE | 20.17 |
| Dividend | $0.83 (2.36%) |
| Ex-Dividend Date | Feb 20, 2025 |
| Volume | 5,309,661 |
| Open | 35.61 |
| Previous Close | 35.72 |
| Day's Range | 34.95 - 35.70 |
| 52-Week Range | 25.41 - 36.19 |
| Beta | 0.90 |
| Analysts | Buy |
| Price Target | 33.68 (-4.4%) |
| Earnings Date | Apr 29, 2025 |
About CNP
CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company operates in Electric and Natural Gas segments. The Electric segment provides electric transmission and distribution services to electric customers and electric generation assets, as well as optimizes assets in the wholesale power market in Indiana Electric’s service territory. The Natural Gas segment engages in the intrastate natural gas sales, and natural gas transportation and distribution for residential, commercial, and industrial custome... [Read more]
Financial Performance
In 2024, CenterPoint Energy's revenue was $8.64 billion, a decrease of -0.61% compared to the previous year's $8.70 billion. Earnings were $1.02 billion, an increase of 17.53%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for CNP stock is "Buy." The 12-month stock price forecast is $33.68, which is a decrease of -4.40% from the latest price.
News
Osmose and Neara Partner to Help Utilities Strengthen Transmission and Distribution Infrastructure with AI-Powered Data Insights
Osmose and Neara are teaming up to enable utilities like CenterPoint Energy to evaluate asset risk with greater precision and improve underlying network data quality and utilization. ATLANTA , March 2...
CenterPoint Energy returns to normal operations as NWS Red Flag Warning expires, weather and wind threat ends for Greater Houston region
Approximately 99% of customers experienced no outages during fire weather conditions HOUSTON , March 15, 2025 /PRNewswire/ -- CenterPoint Energy is returning to normal operations as the National Weath...
CenterPoint Energy Taking Safety Actions to Address Increased Wildfire Risk in Parts of the Greater Houston Area
Red Flag Warning in effect for large portions of Texas and the Greater Houston area from noon to 9 p.m. on Saturday; high wind gusts, low humidity and fire risk anticipated CenterPoint has taken a ser...
CenterPoint Energy Continues to Closely Monitor the Weather and Take Actions to Prepare for Potential Wildfire Risk Weather
National Weather Service has issued a "Fire Weather Watch" for large portions of Texas with the risk of strong winds and fire danger in the Greater Houston area from noon to 9 p.m. on Saturday CenterP...
Greater Houston Resiliency Initiative Update: CenterPoint Energy surpasses 50% completion milestone for several key resiliency actions; Company on track to complete commitments ahead of 2025 hurricane season
More than 14,200 stronger, storm-resilient poles installed; 2,200+ miles of high-risk vegetation cleared; 2,170+ automated reliability devices installed; and 280+ miles of power lines undergrounded Wh...
ERCOT Board approves moving ahead to finalize CenterPoint Energy's emergency generation proposal; Company's actions will lower bills for Houston-area customers and help avoid regional energy shortfall
CenterPoint's 15 large emergency generation units will help ERCOT meet current and future energy needs for the San Antonio region for up to two years starting in Summer 2025 Greater Houston-area custo...
CenterPoint Energy: Solid Q4 But Equity Needs Likely Limit Upside
CenterPoint Energy stock has risen 21% over the past year, driven by strong fundamentals and favorable weather, despite recent modest declines. CenterPoint's updated capital plan includes a $500 milli...
CenterPoint Energy, Inc. (CNP) Q4 2024 Earnings Call Transcript
CenterPoint Energy, Inc. (CNP) Q4 2024 Earnings Call Transcript
CenterPoint Energy reports Q4 and FY 2024 results; forecasts nearly 50% electric load growth demand at Houston Electric by 2031; increases capital investment plan; reiterates 2025 full year guidance
HOUSTON--(BUSINESS WIRE)--CenterPoint Energy, Inc. (NYSE: CNP) or “CenterPoint” today reported income available to common shareholders of $248 million, or $0.38 per diluted share on a GAAP basis for t...
As freezing polar temperatures return to Texas, CenterPoint Energy deploys its cold weather readiness plan
ERCOT Weather Watch issued for February 19-21 due to forecasted extreme cold weather across its region, meaning higher electrical demand and the potential for lower reserves CenterPoint continues t...
Greater Houston Resiliency Initiative Phase Two Update: CenterPoint Energy continues delivering progress by deploying 750 automated reliability devices in January and progressing toward goal of 4,500 by June 1, 2025; technology will help reduce number of outages and their duration
Company has installed more than 11,000 stronger, more storm-resilient poles across the region in five months, in addition to clearance of more vegetation miles and undergrounding of more power lines ...
CenterPoint Energy announces multi-year Systemwide Resiliency Plan to benefit communities and combat extreme weather threats, outages, and other hazards across Greater Houston
CenterPoint Energy Houston Electric's enhanced Systemwide Resiliency Plan (SRP) expected to reduce outage impacts due to extreme weather and storms by 1.3 billion minutes into 2029 100% of lines servi...
CenterPoint Energy reaches settlement agreement with parties to lower bills for customers in its 2024 Houston Electric Rate Case
Settlement expected to result in approximately $50 million less revenue annually and a reduction in electric customer bills by about $1 a month for most customers while also continuing to deliver supp...
Final Winter Storm Enzo Update: More than 99 percent of CenterPoint Energy customers maintained power through extreme winter weather; Company deactivates emergency operations center
CenterPoint crews and contractors continue working to restore the remaining customers out As of noon today, CenterPoint Energy deactivated its Emergency Operations Center and returned to normal busine...
CenterPoint Energy Winter Storm Enzo Update: More than 99.9 percent of customers continue to have power across Greater Houston area; Crews continuing to respond to scattered customer outages and prepare for coldest overnight temperatures of the year
As of 9 p.m. on Tuesday, CenterPoint crews have restored approximately 28,500 customers since midnight and continue safely responding to scattered customer outages To ensure public safety, CenterPoint...
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...