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CenterPoint Energy, Inc. (CNP)

Stock Price: $21.44 USD -0.25 (-1.15%)
Updated Jan 22, 2021 4:00 PM EST - Market closed
After-hours: $21.48 +0.04 (0.19%) Jan 22, 7:38 PM
Market Cap 11.62B
Revenue (ttm) 8.59B
Net Income (ttm) -972.00M
Shares Out 545.00M
EPS (ttm) -1.88
PE Ratio n/a
Forward PE 15.24
Dividend $0.64
Dividend Yield 2.99%
Trading Day January 22
Last Price $21.44
Previous Close $21.69
Change ($) -0.25
Change (%) -1.15%
Day's Open 21.56
Day's Range 21.28 - 21.63
Day's Volume 2,867,132
52-Week Range 11.83 - 26.30

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Zacks Investment Research - 1 week ago

Sales growth is a key indicator of a company's health and ability to sustain business. Let's check PepsiCo (PEP), Lennar (LEN), Diamondback Energy (FANG), Huntington Bancshares (HBAN) & Center...

Other stocks mentioned: FANG, HBAN, LEN, PEP
Zacks Investment Research - 1 week ago

Electricity consumption in the United States seems poised to rise, making it prudent to invest in names like CenterPoint Energy (CNP) and MGE Energy (MGEE)

Other stocks mentioned: ALE, MGEE
PRNewsWire - 2 weeks ago

HOUSTON, Jan. 8, 2021 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) today announced two senior Finance leadership appointments that will further strengthen its management team and posit...

Zacks Investment Research - 2 weeks ago

CenterPoint Energy (CNP) makes a strong case for investment, courtesy of its ongoing investments, customer additions and its better return on investment compared with its industry average.

Zacks Investment Research - 2 weeks ago

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

Other stocks mentioned: WEC
PRNewsWire - 1 month ago

HOUSTON, Dec. 10, 2020 /PRNewswire/ -- CenterPoint Energy, Inc.'s (NYSE: CNP) board of directors today declared dividends on shares of its common stock, Series A Perpetual Preferred Stock and ...

Seeking Alpha - 1 month ago

CenterPoint Energy's Investor Day provided confirmation that their strategy to become a premium pure play utility is being implemented. The sale of two gas utilities, in Oklahoma and Arkansas,...

Zacks Investment Research - 1 month ago

CenterPoint (CNP) reported earnings 30 days ago. What's next for the stock?

PRNewsWire - 1 month ago

HOUSTON, Dec. 3, 2020 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP), today announced that Moody's Investors Service ("Moody's") changed the company's rating outlook from Negative to Sta...

InvestorPlace - 2 months ago

Joe Biden's infrastructure plan calls for $1.3 trillion over the next decade. Here are seven infrastructure stocks to buy to benefit.

Other stocks mentioned: AWK, NEE, NVEE, TEX, BRK.A, BRK.B, VMI
GlobeNewsWire - 2 months ago

Houston, TX, Nov. 12, 2020 (GLOBE NEWSWIRE) --   Date:  February 25, 2021

PRNewsWire - 2 months ago

HOUSTON, Nov. 12, 2020 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) today announced that Kenneth E. Coleman has been named as Senior Vice President and Chief Information Officer, effec...

Seeking Alpha - 2 months ago

CenterPoint Energy, Inc. (CNP) CEO David Lesar on Q3 2020 Results - Earnings Call Transcript

Zacks Investment Research - 2 months ago

CenterPoint Energy's (CNP) revenues in the third quarter decline 2.2% year over year due to lower revenues from the utility and non-utility segment.

Seeking Alpha - 2 months ago

CenterPoint Energy has had a tough 18 months; an adverse rate case result, a reduced distribution from Enable, a 47% dividend cut. The goal is now to be a pure play regulated utility; electric...

Zacks Investment Research - 2 months ago

CenterPoint (CNP) delivered earnings and revenue surprises of 6.25% and -0.15%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Business Wire - 2 months ago

HOUSTON--(BUSINESS WIRE)--CenterPoint Energy, Inc. (NYSE: CNP) today reported income available to common shareholders of $69 million, or $0.13 per diluted share, for the third quarter of 2020,...

PRNewsWire - 2 months ago

HOUSTON, Nov. 4, 2020 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) today announced the release of its 2020 Corporate Responsibility Report, We Deliver Responsibility, which focuses on ...

Zacks Investment Research - 2 months ago

CenterPoint Energy's (CNP) Q3 earnings are likely to have been negatively impacted by storm activities and the COVID-19 pandemic.

PRNewsWire - 2 months ago

HOUSTON, Oct. 30, 2020 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) will host a virtual Analyst Meeting on Monday, Dec. 7, from 9 to 11 a.m. CT / 10 a.m. to noon ET. The meeting will f...

PRNewsWire - 2 months ago

HOUSTON, Oct. 29, 2020 /PRNewswire/ -- CenterPoint Energy, Inc.'s (NYSE: CNP) board of directors today declared dividends on shares of its common stock and Series B Mandatory Convertible Prefe...

Zacks Investment Research - 2 months ago

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.

PRNewsWire - 3 months ago

NEW YORK, Oct. 20, 2020 /PRNewswire/ -- Atmos Energy Corp. (NYSE:ATO) will replace CenterPoint Energy Inc. (NYSE:CNP), and Xcel Energy Inc. (NASD:XEL) will replace NiSource Inc. (NYSE:NI) in t...

Other stocks mentioned: ATO, NI
GuruFocus - 3 months ago

The T Rowe Price Equity Income Fund (Trades, Portfolio) released its third-quarter portfolio earlier this week.

Other stocks mentioned: JPM, KMB, KO
PRNewsWire - 3 months ago

HOUSTON, Oct. 1, 2020 /PRNewswire/ -- CenterPoint Energy Resources Corp. (CERC), an indirect, wholly-owned subsidiary of CenterPoint Energy, Inc. (NYSE: CNP), today announced the closing of it...

PRNewsWire - 4 months ago

HOUSTON, Sept. 17, 2020 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) today announced the appointment of Jason Wells as Executive Vice President and Chief Financial Officer, effective S...

Zacks Investment Research - 4 months ago

CenterPoint (CNP) reported earnings 30 days ago. What's next for the stock?

Zacks Investment Research - 4 months ago

More than 843,000 customers in Texas and Louisiana suffer power outage due to Hurricane Laura.

Other stocks mentioned: AEP, ETR
PRNewsWire - 4 months ago

HOUSTON, Aug. 24, 2020 /PRNewswire/ -- CenterPoint Energy (NYSE: CNP) today announced that Thomas Webb, a highly respected utility industry executive and chief financial officer with more than...

Zacks Investment Research - 5 months ago

Is CenterPoint Energy (CNP) a great pick from the value investor's perspective right now? Read on to know more.

GlobeNewsWire - 5 months ago

Houston, TX, Aug. 10, 2020 (GLOBE NEWSWIRE) --  

Seeking Alpha - 5 months ago

CenterPoint Energy, Inc. (CNP) CEO Dave Lesar on Q2 2020 Results - Earnings Call Transcript

Zacks Investment Research - 5 months ago

CenterPoint Energy's (CNP) Q2 GAAP earnings of 11 cents per share were down year over year, with COVID-19 impacts being the primary growth inhibitor.

Zacks Investment Research - 5 months ago

CenterPoint (CNP) delivered earnings and revenue surprises of 10.53% and -25.49%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Business Wire - 5 months ago

HOUSTON--(BUSINESS WIRE)--CenterPoint Energy, Inc. (NYSE: CNP) today reported income available to common shareholders of $59 million, or $0.11 per diluted share, for the second quarter of 2020...

Zacks Investment Research - 5 months ago

CenterPoint Energy (CNP) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Zacks Investment Research - 5 months ago

CenterPoint's (CNP) Q2 earnings are likely to have been weak owing to reduced demand

PRNewsWire - 5 months ago

HOUSTON, Aug. 4, 2020 /PRNewswire/ -- CenterPoint Energy, Inc.

PRNewsWire - 5 months ago

HOUSTON, Aug. 3, 2020 /PRNewswire/ -- Consistent with CenterPoint Energy's focus on unlocking the power and potential within its premium regulated utilities, the company is combining Indiana E...

Zacks Investment Research - 5 months ago

CenterPoint (CNP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

PRNewsWire - 5 months ago

HOUSTON, July 29, 2020 /PRNewswire/ -- CenterPoint Energy, Inc.'s (NYSE: CNP) board of directors today declared dividends on shares of its common stock, Series A Perpetual Preferred Stock and ...

Seeking Alpha - 5 months ago

CenterPoint Energy: Impacts Of COVID-19 Are Manageable And Its Strategy To Focus On Utility Is Sound

Zacks Investment Research - 5 months ago

CenterPoint (CNP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

PRNewsWire - 6 months ago

HOUSTON, June 30, 2020 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) today announced that its Board of Directors has appointed David J. Lesar as President and Chief Executive Officer, e...

Zacks Investment Research - 7 months ago

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to th...

Zacks Investment Research - 7 months ago

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

Other stocks mentioned: AEP
GuruFocus - 7 months ago

According to the GuruFocus All-In-One Screener, a Premium feature, the following utility companies were trading with low price-sales ratios as of June 16.

Other stocks mentioned: CMS, FTS, LNT, MGEE, NI
Zacks Investment Research - 7 months ago

Capital-intensive utilities tend to benefit when interest rates remain low as it allows them to fund long-term projects by borrowing funds at lower interest rates.

Other stocks mentioned: NFG, SRE, VST
Zacks Investment Research - 7 months ago

CenterPoint (CNP) reported earnings 30 days ago. What's next for the stock?

PRNewsWire - 7 months ago

HOUSTON, June 5, 2020 /PRNewswire/ -- CenterPoint Energy Houston Electric, LLC (Houston Electric), an indirect, wholly owned subsidiary of CenterPoint Energy, Inc. (NYSE: CNP), today closed a ...

About CNP

CenterPoint Energy operates as a public utility holding company in the United States. The company's Houston Electric T&D segment electric transmission and distribution services to electric utility. It owns 236 substation sites with a total installed rated transformer capacity of 68,053 megavolt amperes. Its Indiana Electric Integrated segment provides energy delivery services to electric customers and electric generation assets to electric customers and wholesale markets. The company's Natural Gas Distribution segment sells regulated intrastate... [Read more...]

Industry
Utilities-Regulated Gas
Founded
1866
CEO
John Somerhalder
Employees
14,262
Stock Exchange
NYSE
Ticker Symbol
CNP
Full Company Profile

Financial Performance

In 2019, CNP's revenue was $12.30 billion, an increase of 16.17% compared to the previous year's $10.59 billion. Earnings were $791.00 million, an increase of 114.95%.

Financial Statements

Analyst Forecasts

According to 18 analysts, the average rating for CNP stock is "Buy." The 12-month stock price forecast is 24.47, which is an increase of 14.13% from the latest price.

Price Target
$24.47
(14.13% upside)
Analyst Consensus: Buy