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CenterPoint Energy, Inc. (CNP)

NYSE: CNP · IEX Real-Time Price · USD
27.63 -0.25 (-0.90%)
Dec 8, 2021 4:00 PM EST - Market closed
Market Cap17.38B
Revenue (ttm)8.09B
Net Income (ttm)901.00M
Shares Out628.87M
EPS (ttm)1.57
PE Ratio17.57
Forward PE18.38
Dividend$0.65 (2.35%)
Ex-Dividend DateNov 17, 2021
Volume2,919,799
Open27.87
Previous Close27.88
Day's Range27.62 - 27.92
52-Week Range19.31 - 28.06
Beta0.96
AnalystsBuy
Price Target28.62 (+3.6%)
Earnings DateNov 4, 2021

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 ...

IndustryMulti-Utilities
Founded1866
CEOJohn Somerhalder
Employees9,541
Stock ExchangeNYSE
Ticker SymbolCNP
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for CNP stock is "Buy." The 12-month stock price forecast is 28.62, which is an increase of 3.58% from the latest price.

Price Target
$28.62
(3.58% upside)
Analyst Consensus: Buy

News

Energy Transfer Announces Pricing of Secondary Public Offering of Common Units

DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) (“ET”) announced today the pricing of the previously announced underwritten secondary public offering of 86,956,522 common units representing limit...

Other symbols:ET
1 day ago - Business Wire

Energy Transfer Announces Secondary Public Offering of Common Units

DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) (“ET”) announced today the commencement of an underwritten secondary public offering of 86,956,522 common units representing limited partner intere...

Other symbols:ET
1 day ago - Business Wire

3 Utilities to Add to Your Portfolio for Strong 2022 Performance

Electric power utilities like CNP, LNT and IDA are poised to benefit from the increasing demand for utility services. The utilities have well-chalked out capital investment plans to upgrade infrastructu...

Other symbols:IDALNT
1 day ago - Zacks Investment Research

LafargeHolcim in the US, Geocycle Achieve Major Circular-Economy Milestone with CenterPoint Energy to Recycle 6 Milli...

CHICAGO--(BUSINESS WIRE)--LafargeHolcim in the US and Geocycle achieve a circular-economy milestone with CenterPoint Energy to recycle 6 million tons of power-plant coal ash.

3 weeks ago - Business Wire

CenterPoint Energy (CNP) Beats on Q3 Earnings, Ups EPS View

CenterPoint Energy's (CNP) Q3 revenues of $1,749 million exceed the Zacks Consensus Estimate by 9.2% and increase 7.8% year over year

1 month ago - Zacks Investment Research

CenterPoint Energy (CNP) Q3 Earnings and Revenues Beat Estimates

CenterPoint (CNP) delivered earnings and revenue surprises of 13.79% and 9.19%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

CenterPoint Energy Reports Strong Q3 2021 Earnings Results

HOUSTON--(BUSINESS WIRE)--CenterPoint Energy, Inc. (NYSE: CNP) today reported income available to common shareholders of $195 million, or $0.32 per diluted share, for the third quarter of 2021, compared...

1 month ago - Business Wire

Utility Stock Q3 Earnings to Watch on Nov 4: DUK, SO & More

Total Q3 earnings of Utility stocks are expected to remain flat year over year on 6.3% higher revenues.

Other symbols:AESDUKEDLNTNRGPPLSO
1 month ago - Zacks Investment Research

What's in Store for CenterPoint Energy's (CNP) Q3 Earnings?

CenterPoint Energy (CNP) Q3 results are likely to reflect storm impacts and efforts to reduce O&M costs.

1 month ago - Zacks Investment Research

CenterPoint Energy receives approval for 400 megawatts of renewable energy serving southwestern Indiana

EVANSVILLE, Ind., Oct. 27, 2021 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) today announced its Indiana-based electric and natural gas business, CenterPoint Energy Indiana South, received appro...

1 month ago - PRNewsWire

CenterPoint Energy (CNP) Rewards Shareholders With Dividend Hike

CenterPoint Energy, Inc. (CNP) announces a 6.3% hike in its quarterly dividend effective from Decemeber 2021.

2 months ago - Zacks Investment Research

CenterPoint Energy Appoints New Board Member Raquelle W. Lewis

HOUSTON, Sept. 30, 2021 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) today announced the appointment of Raquelle W.

2 months ago - PRNewsWire

CenterPoint Energy announces increase in Common Stock dividend

HOUSTON, Sept. 30, 2021 /PRNewswire/ -- CenterPoint Energy, Inc.'s (NYSE: CNP) board of directors today declared an increase in the company's regular quarterly cash dividend from $0.16 to $0.17 per shar...

2 months ago - PRNewsWire

CenterPoint Energy, Inc. to Host Webcast of Third Quarter 2021 Earnings Conference Call

Houston, TX, Sept. 24, 2021 (GLOBE NEWSWIRE) --

2 months ago - GlobeNewsWire

CenterPoint Energy Foundation announces $1 million in environmental contributions

HOUSTON, Sept. 23, 2021 /PRNewswire/ -- CenterPoint Energy (NYSE: CNP) today announced that through its charitable foundation a $1 million contribution will be made to two environmental organizations fo...

2 months ago - PRNewsWire

CenterPoint to Host its 2021 Analyst Day on September 23

HOUSTON--(BUSINESS WIRE)--CenterPoint Energy, Inc. (NYSE: CNP) (“CenterPoint”) today announced it will hold an Analyst Day on Thursday, September 23 at 9:00AM CT / 10:00AM ET to discuss the company's lo...

2 months ago - Business Wire

4 Utilities Poised to Gain From Improving Electric Demand

Electric utilities like Duke Energy (DUK), Hawaiian Electric (HE), FirstEnergy (FE) and CenterPoint Energy (CNP) are poised to gain from the resumption of economic activities and the recovery in demand.

Other symbols:DUKFEHE
3 months ago - Zacks Investment Research

CenterPoint (CNP) Proposes 335 MW Solar PPAs in Indiana

CenterPoint Energy (CNP) requests to purchase 335 MW of additional solar energy under two power purchase agreements with Oriden and Origis Energy. The projects will serve 70,000 homes.

3 months ago - Zacks Investment Research

CenterPoint Energy seeks approval for 335 megawatts of renewable energy serving southwestern Indiana

EVANSVILLE, Ind., Aug. 25, 2021 /PRNewswire/ -- CenterPoint Energy (NYSE: CNP) today announced its Indiana-based electric and natural gas business, CenterPoint Energy Indiana South, has filed a request ...

3 months ago - PRNewsWire

CenterPoint Energy (CNP) Beats on Q2 Earnings, Ups EPS View

CenterPoint Energy's (CNP) Q2 revenues worth $1,742 million exceed the Zacks Consensus Estimate by 11.9% and increase 10.6% year over year.

4 months ago - Zacks Investment Research

CenterPoint Energy (CNP) Beats Q2 Earnings and Revenue Estimates

CenterPoint (CNP) delivered earnings and revenue surprises of 44.00% and 11.85%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

CenterPoint Energy Reports Strong Q2 2021 Earnings Results

HOUSTON--(BUSINESS WIRE)--CenterPoint Energy, Inc. (NYSE: CNP) today reported income available to common shareholders of $221 million, or $0.37 per diluted share, for the second quarter of 2021, compare...

4 months ago - Business Wire

Why CenterPoint Energy (CNP) Might Surprise This Earnings Season

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

4 months ago - Zacks Investment Research

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

CenterPoint Energy's (CNP) Q2 performance is likely to have been negatively impacted by a handful of severe storms that it witnessed during the second quarter.

4 months ago - Zacks Investment Research

CenterPoint Energy (CNP) Earnings Expected to Grow: Should You Buy?

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.

4 months ago - Zacks Investment Research