CenterPoint Energy, Inc. (CNP)
NYSE: CNP · IEX Real-Time Price · USD
28.97
+0.15 (0.52%)
At close: Jul 19, 2024, 4:00 PM
28.85
-0.12 (-0.41%)
Pre-market: Jul 22, 2024, 7:00 AM EDT
CenterPoint Energy Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for CenterPoint Energy stock have an average target of 30.64, with a low estimate of 28 and a high estimate of 33. The average target predicts an increase of 5.76% from the current stock price of 28.97.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for CNP stock from 11 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Buy | 5 | 5 | 5 | 5 | 5 | 4 |
| Hold | 3 | 3 | 4 | 4 | 3 | 4 |
| Sell | 1 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 12 | 12 | 12 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy → Hold Downgrades $30 → $29 | Buy → Hold | Downgrades | $30 → $29 | +0.10% | Jul 17, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $32 → $33 | Buy | Maintains | $32 → $33 | +13.91% | Jun 26, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $31 → $30 | Buy | Maintains | $31 → $30 | +3.56% | Jun 24, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $29 → $31 | Buy | Maintains | $29 → $31 | +7.01% | May 28, 2024 |
| Keybanc | Keybanc | Buy Maintains $31 → $33 | Buy | Maintains | $31 → $33 | +13.91% | May 20, 2024 |
Financial Forecast
Revenue This Year
8.86B
from 8.70B
Increased by 1.92%
Revenue Next Year
9.13B
from 8.86B
Increased by 3.04%
EPS This Year
1.63
from 1.37
Increased by 19.30%
EPS Next Year
1.76
from 1.63
Increased by 7.70%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.5B | 10.0B | 11.0B | 12.2B | 12.7B |
| Avg | 8.9B | 9.1B | 9.6B | 10.7B | 11.1B |
| Low | 7.8B | 8.1B | 8.2B | 9.7B | 10.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.2% | 12.3% | 20.4% | 26.7% | 18.4% |
| Avg | 1.9% | 3.0% | 5.4% | 11.3% | 3.6% |
| Low | -10.1% | -8.5% | -9.8% | 0.5% | -6.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.71 | 1.86 | 2.05 | 2.23 | 2.37 |
| Avg | 1.63 | 1.76 | 1.90 | 2.06 | 2.20 |
| Low | 1.57 | 1.69 | 1.81 | 1.96 | 2.08 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 24.9% | 13.7% | 16.3% | 17.4% | 15.2% |
| Avg | 19.3% | 7.7% | 7.7% | 8.6% | 6.7% |
| Low | 14.5% | 3.1% | 3.0% | 3.4% | 0.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.