CenterPoint Energy, Inc. (CNP)

NYSE: CNP · IEX Real-Time Price · USD
29.89
-0.62 (-2.03%)
Sep 27, 2022 4:00 PM EDT - Market closed
-2.03%
Market Cap 18.82B
Revenue (ttm) 8.77B
Net Income (ttm) 1.53B
Shares Out 629.50M
EPS (ttm) 1.33
PE Ratio 22.47
Forward PE 21.19
Dividend $0.69 (2.31%)
Ex-Dividend Date Aug 17, 2022
Volume 5,747,948
Open 30.71
Previous Close 30.51
Day's Range 29.74 - 30.74
52-Week Range 24.58 - 33.50
Beta 0.86
Analysts Buy
Price Target 34.38 (+15.0%)
Earnings Date Nov 1, 2022

About CNP

CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company operates through Electric and Natural Gas segments. The Electric segment includes electric transmission and distribution services to electric customers and electric generation assets, as well as assets in the wholesale power market. The Natural Gas segment provides natural gas distribution services, as well as home appliance maintenance and repair services to customers in Minnesota; and home repair protection plans to natural gas customers in... [Read more...]

Industry Multi-Utilities
Founded 1866
CEO John Somerhalder
Employees 9,418
Stock Exchange NYSE
Ticker Symbol CNP
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 23 analysts, the average rating for CNP stock is "Buy." The 12-month stock price forecast is 34.38, which is an increase of 15.02% from the latest price.

Price Target
$34.38
(15.02% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Is CenterPoint Energy (CNP) Outperforming Other Utilities Stocks This Year?

Here is how CenterPoint Energy (CNP) and New Jersey Resources (NJR) have performed compared to their sector so far this year.

4 days ago - Zacks Investment Research

CenterPoint Energy, Inc. to Host Webcast of Third Quarter 2022 Earnings Conference Call

Houston, TX, Sept. 22, 2022 (GLOBE NEWSWIRE) --

4 days ago - GlobeNewsWire

LNT or CNP: Which Is a Better Utility Power Stock to Pick?

At present, Alliant Energy (LNT) appears to be a better choice in the utility space compared with CenterPoint Energy (CNP).

Other symbols: LNT
2 weeks ago - Zacks Investment Research

Reasons to Add CenterPoint (CNP) to Your Portfolio Right Now

CenterPoint Energy (CNP) makes a strong case for investment, given its rising estimates, regular dividend payment and stable price performance.

2 weeks ago - Zacks Investment Research

The 7 Best Utility Stocks to Buy Now

Especially during these difficult circumstances, investors seeking shelter and reliable growth opportunities should consider the best utility stocks to buy. Fundamentally, power distribution features no...

Other symbols: DTEDUKEDPNWSREWEC
2 weeks ago - InvestorPlace

Has CenterPoint Energy (CNP) Outpaced Other Utilities Stocks This Year?

Here is how CenterPoint Energy (CNP) and Otter Tail (OTTR) have performed compared to their sector so far this year.

2 weeks ago - Zacks Investment Research

Are Utilities Stocks Lagging CenterPoint Energy (CNP) This Year?

Here is how CenterPoint Energy (CNP) and Otter Tail (OTTR) have performed compared to their sector so far this year.

1 month ago - Zacks Investment Research

POR vs. CNP: Which Stock Is the Better Value Option?

POR vs. CNP: Which Stock Is the Better Value Option?

Other symbols: POR
1 month ago - Zacks Investment Research

Is CenterPoint Energy (CNP) Stock Outpacing Its Utilities Peers This Year?

Here is how CenterPoint Energy (CNP) and Southern Co. (SO) have performed compared to their sector so far this year.

1 month ago - Zacks Investment Research

4 Electric Power Stocks to Buy From the Prospering Industry

Electric power utilities like NEE, AEP, WEC and CNP are poised to benefit from increasing demand for utility services. These utilities have well-chalked-out capital investment plans to upgrade infrastru...

Other symbols: AEPNEEWEC
1 month ago - Zacks Investment Research

CenterPoint Energy (CNP) Q2 Earnings Top Estimates, EPS View Up

CenterPoint Energy's (CNP) Q2 adjusted earnings of 31 cents per share beat the Zacks Consensus Estimate by 10.7%. The company increases its EPS guidance.

1 month ago - Zacks Investment Research

CenterPoint Energy (CNP) Beats Q2 Earnings and Revenue Estimates

CenterPoint (CNP) delivered earnings and revenue surprises of 10.71% and 12.02%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

CenterPoint Energy Reports Strong Second Quarter Results and Raises Full Year Earnings Guidance

HOUSTON--(BUSINESS WIRE)--CenterPoint Energy, Inc. (NYSE: CNP) or “CenterPoint” today reported income available to common shareholders of $179 million, or $0.28 per diluted share on a GAAP basis, for th...

1 month ago - Business Wire

CenterPoint Energy seeks approval for 130 megawatts of renewable energy to serve southwestern Indiana

- Renewables represent third round of proposed solar agreements related to company's Smart Energy Future Plan - CenterPoint Energy selects Pike County for 130-megawatt solar array development EVANSVILLE...

1 month ago - PRNewsWire

What's in Store for CenterPoint Energy (CNP) in Q2 Earnings?

CenterPoint Energy's (CNP) Q2 results are likely to reflect the benefits of favorable weather patterns as well as rate recovery. Yet, storm restoration costs might have hurt earnings.

2 months ago - Zacks Investment Research

Analysts Estimate CenterPoint Energy (CNP) to Report a Decline in Earnings: What to Look Out for

CenterPoint (CNP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

CenterPoint Energy declares an increase to the regular Common Stock quarterly dividend to $0.1800 and Series A Prefer...

HOUSTON , July 21, 2022 /PRNewswire/ -- CenterPoint Energy, Inc.'s (NYSE: CNP) board of directors today declared dividends on shares of its Common Stock and Series A Perpetual Preferred Stock. Common St...

2 months ago - PRNewsWire

ETR vs. CNP: Which Stock Should Value Investors Buy Now?

ETR vs. CNP: Which Stock Is the Better Value Option?

Other symbols: ETR
2 months ago - Zacks Investment Research

3 Non-Cyclical Stocks With High Earnings Yields

Investors may want to consider the following non-cyclical stocks as their earnings yields (as calculated by Joel Greenblatt (Trades, Portfolio)'s method) are outperforming the 20-year high-quality marke...

Other symbols: CCUKR
2 months ago - GuruFocus

These 10 stocks from a sector that is a bear-market bulwark have upside potential of up to 30%

During times of uncertainty, it can help to look at what happened during other down cycles for stocks.

2 months ago - Market Watch

CenterPoint Energy Announces Completion of VUHI Restructuring to Enable More Efficient Funding of Capital Investments...

HOUSTON--(BUSINESS WIRE)--CenterPoint Energy, Inc. (NYSE: CNP) or “CenterPoint” today announced it has achieved the final milestone in realigning its corporate structure after its acquisition of Vectren...

2 months ago - Business Wire

EIX vs. CNP: Which Stock Should Value Investors Buy Now?

EIX vs. CNP: Which Stock Is the Better Value Option?

Other symbols: EIX
2 months ago - Zacks Investment Research

CenterPoint (CNP) Gets Nod to Build Natural Gas Turbines

CenterPoint Energy (CNP) announces that its subsidiary, CenterPoint Energy Indiana South, has received a nod from IURC to commence the construction of two natural gas combustion turbines.

2 months ago - Zacks Investment Research

CenterPoint Energy, Inc. to Host Webcast of Second Quarter 2022 Earnings Conference Call

Houston, TX, June 28, 2022 (GLOBE NEWSWIRE) --

2 months ago - GlobeNewsWire

Key step in CenterPoint Energy's long-term electric generation transition plan receives approval

Natural gas combustion turbines to provide reliable generation to complement transition to majority renewables portfolio, while reducing carbon emissions EVANSVILLE, Ind. , June 28, 2022 /PRNewswire/ --...

2 months ago - PRNewsWire