CenterPoint Energy, Inc. (CNP)
| Market Cap | 19.41B |
| Revenue (ttm) | 8.57B |
| Net Income (ttm) | 1.03B |
| Shares Out | 651.72M |
| EPS (ttm) | 1.62 |
| PE Ratio | 18.40 |
| Forward PE | 18.34 |
| Dividend | $0.84 (2.82%) |
| Ex-Dividend Date | Nov 21, 2024 |
| Volume | 5,166,661 |
| Open | 29.82 |
| Previous Close | 30.09 |
| Day's Range | 29.78 - 30.09 |
| 52-Week Range | 25.41 - 31.57 |
| Beta | 0.92 |
| Analysts | Hold |
| Price Target | 29.67 (-0.4%) |
| Earnings Date | Oct 28, 2024 |
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 13 analysts, the average rating for CNP stock is "Hold." The 12-month stock price forecast is $29.67, which is a decrease of -0.40% from the latest price.
News
CenterPoint Energy lineworkers place in the top 5 percent of utilities at 40th annual International Lineman's Rodeo
With more than 200 competing teams, CenterPoint earns 6th place finish among investor-owned utilities and 13th place overall HOUSTON , Oct. 22, 2024 /PRNewswire/ -- This past weekend, CenterPoint Ener...
As some frontline workers return home, CenterPoint Energy continues providing mutual assistance support for restoration efforts following devastating hurricanes
Operations leadership remains in Florida to support ongoing efforts as restoration continues in the hardest-hit areas HOUSTON , Oct. 17, 2024 /PRNewswire/ -- CenterPoint Energy is proud to have answer...
CenterPoint Energy Foundation launches new Community Generator Donation Program for Greater Houston Region
Company donating 21 backup generators and other support in designated locations across 12 counties to support community resiliency as part of a $5 million grant from the CenterPoint Energy Foundation ...
CenterPoint Energy Announces Collaboration with Technosylva to Advance Resilience and Monitor System Assets for Extreme Weather Events
Collaboration Leverages Technosylva's Advanced AI and Machine Learning to Strengthen Resilience and Prepare for Extreme Weather HOUSTON , Oct. 8, 2024 /PRNewswire/ -- CenterPoint Energy, a leading ele...
CenterPoint Energy, Inc. to Host Webcast of Third Quarter 2024 Earnings Conference Call
Houston, TX, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Date: October 28, 2024 Time: 7:00 a.m. Central time or 8:00 a.m.
CenterPoint Energy and Neara Announce Post-Hurricane Beryl Collaboration to Advance Electric Resiliency Across Greater Houston Region
Mobilizing AI capabilities and digital modeling technologies will help optimize safety, reliability and resilience while reducing the impact on CenterPoint's customers HOUSTON , Oct. 2, 2024 /PRNewswi...
CenterPoint Energy Announces a Comprehensive Suite of New Actions as Part of Second Phase of Greater Houston Resiliency Initiative to Strengthen the Electric Grid Across the Region
Near-term actions will include: Installing 25,000 new, stronger poles Removing or trimming 4,000 miles of higher-risk vegetation Installing 4,500 automated reliability devices Actions will be complete...
Daily Dividend Report: Micron, Lennar, McDonalds, Accenture, CNP
On September 25, 2024, Micron's Board of Directors declared a quarterly dividend of $0.115 per share, payable in cash on October 23, 2024, to shareholders of record as of the close of business on Octo...
CenterPoint Energy Declares Regular Common Stock Dividend of $0.2100
HOUSTON , Sept. 25, 2024 /PRNewswire/ -- CenterPoint Energy, Inc.'s (NYSE: CNP) Board of Directors today declared a regular quarterly cash dividend of $0.2100 per share on the issued and outstanding s...
CenterPoint Energy Monitoring Tropical Weather Conditions in the Gulf of Mexico
First Day of Fall Arrives across the Gulf Coast Region, but Hurricane Season Remains in Full Force CenterPoint Energy remains on high alert and has been monitoring tropical weather developments in th...
CenterPoint Energy Completing Safety Inspections for Natural Gas Customers Impacted by Hurricane Francine in Louisiana and Mississippi
Company makes internal and contractor frontline electrical workers available to other impacted utilities in Gulf Coast states CenterPoint's nearly 480-member natural gas workforce in Louisiana and its...
NiSource Set For Outperformance But CenterPoint Energy Faces Regulatory Hurdles, Says BofA Analyst
BofA Securities analyst Ross Fowler reinstated the Buy rating at NiSource Inc NI with a price target of $37 and the Neutral rating at CenterPoint Energy, Inc CNP with a price target of $29.
CenterPoint Energy Focuses Hurricane Francine Response to Support for Natural Gas Customers in Louisiana and Mississippi
Company urges its nearly 400,000 natural gas customers in Louisiana and Mississippi to take additional safety measures; electric preparedness and response work in the Greater Houston area transitions ...
CenterPoint Energy Preparing for Impacts from Tropical Storm Francine Across Gulf Coast Service Area
Company continues to communicate to electric and natural gas customers in Texas, Louisiana and Mississippi and coordinate with emergency partners. Emergency Operations Centers remain activated in Texa...
CenterPoint Energy is Taking Key Actions to Prepare and Respond To Impact of Tropical Storm Francine
CenterPoint is preparing staging sites, mobilizing crews and equipment, communicating safety and preparedness tips to its customers, and securing additional frontline resources from mutual assistance ...
CenterPoint Energy Remains Vigilant and Prepared for Storm Response as Tropical Activity in the Gulf of Mexico Continues to Strengthen
Storm system moving through Gulf is strengthening and has a 90% chance of tropical development, according to the National Weather Service CenterPoint's ongoing planning includes preparing staging site...
CenterPoint Energy is monitoring Gulf of Mexico weather and preparing for potential tropical system
CenterPoint has been monitoring tropical developments and preparing this weekend Company is in the process of securing work sites, preparing crews and equipment, and securing additional frontline reso...
CenterPoint Energy names Keith Stephens Senior Vice President and Chief Communications Officer
HOUSTON , Sept. 6, 2024 /PRNewswire/ -- CenterPoint Energy (NYSE: CNP) today announced the appointment of a new senior leadership team member with deep utility industry and communications experience.
Conrad And Gue On Top Stocks In Energy And Utilities
Roger Conrad, editor of Conrad's Utility Investor, and Elliott Gue, editor of Energy & Income Advisor, are experts on utility and energy stocks, respectively. They start by explaining why energy deman...
CenterPoint Energy Completes Greater Houston Resiliency Initiative (GHRI) Core Resiliency Actions and Announces Bold Series of Additional Resiliency Actions, Including $5 Billion in Proposed Investments
Proposal reflects largest investment in Greater Houston infrastructure in the company's nearly 160-year history and includes a proposal to forego $110 million in profits HOUSTON , Aug. 28, 2024 /PRNew...
CenterPoint Energy Inc Shareholders Urged To Participate In Fraud Investigation With The Schall Law Firm
LOS ANGELES, CA / ACCESSWIRE / August 19, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of CenterPoint Ene...
CenterPoint Energy Issues All-Source RFP Seeking Renewable, Thermal and Demand-Side Resources
EVANSVILLE, Ind. , Aug. 19, 2024 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) announced its Indiana-based electric utility business, CenterPoint Energy Indiana South, has issued an All-Source ...
Investors With Losses In CenterPoint Energy Inc Encouraged To Join Fraud Investigation With The Schall Law Firm
LOS ANGELES, CA / ACCESSWIRE / August 18, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of CenterPoint Ene...
CenterPoint Energy Inc Shareholders Invited To Partake In Fraud Investigation With The Schall Law Firm
LOS ANGELES, CA / ACCESSWIRE / August 17, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of CenterPoint Ene...
CenterPoint Energy Inc Investors Encouraged To Join Fraud Investigation With The Schall Law Firm
LOS ANGELES, CA / ACCESSWIRE / August 16, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of CenterPoint Ene...