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CenterPoint Energy, Inc. (CNP)

Stock Price: $23.65 USD -0.31 (-1.29%)
Updated May 12, 2021 4:00 PM EDT - Market closed
Market Cap 13.96B
Revenue (ttm) 7.80B
Net Income (ttm) 613.00M
Shares Out 552.00M
EPS (ttm) 1.09
PE Ratio 21.78
Forward PE 16.75
Dividend $0.61
Dividend Yield 2.58%
Trading Day May 12
Last Price $23.65
Previous Close $23.96
Change ($) -0.31
Change (%) -1.29%
Day's Open 24.13
Day's Range 23.63 - 24.21
Day's Volume 9,466,191
52-Week Range 15.91 - 25.05

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BOSTON, May 10, 2021 /PRNewswire/ -- CenterPoint Energy is partnering with utility marketplace leader, Energy Federation, Inc, (EFI) to launch a new energy efficient product, educational marketplace, an...

2 days ago - PRNewsWire

CenterPoint Energy's (CNP) year-over-year upside in earnings in first-quarter 2021 can be attributed to increasing strength of its utility operations.

6 days ago - Zacks Investment Research

CenterPoint (CNP) delivered earnings and revenue surprises of 18.00% and 12.91%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

6 days ago - Zacks Investment Research

HOUSTON--(BUSINESS WIRE)--CenterPoint Energy, Inc. (NYSE: CNP) today reported income available to common shareholders of $334 million, or $0.56 per diluted share, for the first quarter of 2021, compared...

6 days ago - Business Wire

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

1 week ago - Zacks Investment Research

Utility stocks serve as a “bond proxy” meaning when yields rise, their share prices tend to fall.

Other stocks mentioned: D, NI
1 week ago - Forbes

CenterPoint Energy's (CNP) Q1 results must have been benefitted from increased residential electric usage. However, storm related expenses might have hurt earnings.

1 week ago - Zacks Investment Research

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.

1 week ago - Zacks Investment Research

HOUSTON--(BUSINESS WIRE)--CenterPoint Energy, Inc. (NYSE: CNP) (“CenterPoint”) today announced the sale of its Arkansas and Oklahoma natural gas LDC assets to Summit Utilities for $2.150 billion in cash...

1 week ago - Business Wire

HOUSTON, April 23, 2021 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) announced the results of the voting by shareholders at its 2021 annual meeting held today. Shareholders approved the followin...

2 weeks ago - PRNewsWire

HOUSTON, April 1, 2021 /PRNewswire/ -- CenterPoint Energy has been recognized as one of the most responsible companies in the United States by Newsweek. For the second time, Newsweek recognized America'...

1 month ago - PRNewsWire

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

1 month ago - Zacks Investment Research

HOUSTON, March 12, 2021 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) today announced that its 2021 annual meeting of shareholders will be held on Friday, April 23, 2021 at 9 a.m. CDT in the Cent...

2 months ago - PRNewsWire

5 Electric Power Stocks to Watch As COVID-Led Weakness Subsides

Other stocks mentioned: DTE, EIX, NEE, TAC
2 months ago - Zacks Investment Research

HOUSTON, March 11, 2021 /PRNewswire/ -- CenterPoint Energy Houston Electric, LLC (Houston Electric), an indirect, wholly owned subsidiary of CenterPoint Energy, Inc. (NYSE: CNP), today closed a register...

2 months ago - PRNewsWire

Houston, TX, March 04, 2021 (GLOBE NEWSWIRE) --

2 months ago - GlobeNewsWire

HOUSTON, March 2, 2021 /PRNewswire/ -- CenterPoint Energy Resources Corp. (CERC), an indirect, wholly owned subsidiary of CenterPoint Energy, Inc. (NYSE: CNP), today announced the closing of its offerin...

2 months ago - PRNewsWire

With the trading day more than halfway over, the broad markets recovered slightly from Thursday's downturn, with the exception of the Dow Jones industrial average.

Other stocks mentioned: ABNB, EDIT, AGIO, DNLI, PTR, TREE, VYGR ...
2 months ago - 24/7 Wall Street

CenterPoint Energy's (CNP) fourth-quarter earnings beat estimates. Further, its $16.7-billion worth five-year capital investment will boost its electric and gas infrastructure.

2 months ago - Zacks Investment Research

HOUSTON--(BUSINESS WIRE)--CenterPoint Energy, Inc. (NYSE: CNP) today reported fourth quarter 2020 earnings of $0.27 per diluted common share, compared to $0.25 per diluted common share for the fourth qu...

2 months ago - Business Wire

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

2 months ago - Zacks Investment Research

EVANSVILLE, Ind., Feb. 23, 2021 /PRNewswire/ -- CenterPoint Energy (CNP) today announced its Indiana-based electric and natural gas business, CenterPoint Energy Indiana South, is seeking approval from t...

2 months ago - PRNewsWire

CenterPoint Energy's (CNP) Q4 results are expected to be hampered by strong storm activities, while reduced demand from commercial and industrial customers also pose a threat.

2 months ago - Zacks Investment Research

M&A activity is starting to heat up in the pipeline sector.

Other stocks mentioned: BIP, BIPC, CVX, ENBL, ET, KMI, NBLX ...
2 months ago - The Motley Fool

HOUSTON, Feb. 19, 2021 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) today announced the appointment of Wendy Montoya Cloonan, an accomplished attorney and civic and community leader, to its Boar...

2 months ago - PRNewsWire

CenterPoint Energy, a utility holding company that operates in markets including Texas and Indiana, has seen its stock price recover by about 70% from its March 2020 lows and currently trades at about $...

2 months ago - Forbes

Utilities continue with their stable performance and stocks like American Electric (AEP), Sempra Energy (SRE), South Jersey Industries (SJI) and CenterPoint Energy Inc. (CNP) are likely to beat Q4 earni...

Other stocks mentioned: AEP, D, SJI, SRE
2 months ago - Zacks Investment Research

HOUSTON--(BUSINESS WIRE)--CenterPoint Energy, Inc. (NYSE: CNP) today announced support for the merger between Enable Midstream Partners, LP (NYSE: ENBL) and Energy Transfer LP (NYSE: ET), which will res...

Other stocks mentioned: ENBL, ET
2 months ago - Business Wire

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.

3 months ago - Zacks Investment Research

With Wall Street seeing its worst one-day selloff on Jan 27 since October 2020 and with the bearish trend likely to continue, it's safe to bet on stocks like Allete (ALE), B&G Foods (BGS) and Merck (MRK).

Other stocks mentioned: ALE, BGS, MKC, MRK
3 months ago - Zacks Investment Research

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

Other stocks mentioned: WEC
3 months ago - Zacks Investment Research

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) & CenterPoint Ener...

Other stocks mentioned: FANG, HBAN, LEN, PEP
3 months ago - Zacks Investment Research

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
3 months ago - Zacks Investment Research

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 position the co...

4 months ago - PRNewsWire

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.

4 months ago - Zacks Investment Research

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

Other stocks mentioned: WEC
4 months ago - Zacks Investment Research

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 Series B M...

5 months ago - PRNewsWire

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, will free...

5 months ago - Seeking Alpha

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

5 months ago - Zacks Investment Research

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 Stable and af...

5 months ago - PRNewsWire

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
5 months ago - InvestorPlace

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

6 months ago - GlobeNewsWire

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, effective Nov. ...

6 months ago - PRNewsWire

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

6 months ago - Seeking Alpha

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.

6 months ago - Zacks Investment Research

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 and gas.

6 months ago - Seeking Alpha

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?

6 months ago - Zacks Investment Research

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, compared ...

6 months ago - Business Wire

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 the compan...

6 months ago - PRNewsWire

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

6 months ago - Zacks Investment Research

About CNP

CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company operates through Electric, Natural Gas, and Midstream Investments 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 ... [Read more...]

Industry
Utilities-Regulated Gas
Founded
1866
CEO
John Somerhalder
Employees
9,541
Stock Exchange
NYSE
Ticker Symbol
CNP
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecasts

According to 18 analysts, the average rating for CNP stock is "Buy." The 12-month stock price forecast is 26.54, which is an increase of 12.22% from the latest price.

Price Target
$26.54
(12.22% upside)
Analyst Consensus: Buy