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Centerpoint Energy (CNP)
NYSE:CNP
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CNP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$25.41 - $31.57
Previous Close$28.32
Volume1.08M
Average Volume (3M)6.78M
Market Cap
$18.41B
Enterprise Value$37.03B
Total Cash (Recent Filing)$543.00M
Total Debt (Recent Filing)$19.12B
Price to Earnings (P/E)17.5
Beta0.52
Next Earnings
Nov 07, 2024EPS Estimate
$0.44Last Dividend Ex-Date
Aug 15, 2024Dividend Yield2.83%
Share Statistics
EPS (TTM)1.61
Shares Outstanding641,966,980
10 Day Avg. Volume5,241,224
30 Day Avg. Volume6,779,674
Standard Deviation0.08
R-Squared0.38
Alpha-0.00602
Financial Highlights & Ratios
Price to Book (P/B)1.75
Price to Sales (P/S)2.09
Price to Cash Flow (P/CF)7.80
P/FCF Ratio7.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.32
Enterprise Value/Gross Profit10.05
Enterprise Value/Ebitda14.39
Forecast
1Y Price Target
$29.70Price Target Upside5.13% Upside
Rating ConsensusHold
Number of Analyst Covering12
Centerpoint Energy News
Bulls Say, Bears Say
Bulls Say
Capital InvestmentCNP's $44.5B capital plan through 2030 supports a ~10% RB CAGR, with opportunities for incremental capital investment, underpinned by increased and accelerated C&I electrification, as well as higher EV adoption.
Growth PotentialCenterPoint Energy's near-term 8% EPS growth and 6-8% long-term EPS growth, biased to the top end, make it attractive in the utility sector.
Operational ResiliencyThe company has a solid gameplan for near-term operational improvements that look likely to prove effective in the event of another hurricane.
Bears Say
Financial PerformanceA 10% discount is now applied in the valuation to account for elevated risk related to ongoing scrutiny and investigations.
Operational ChallengesThe TX AG launched an investigation into CNP’s conduct during Hurricane Beryl tied to the outages and improper use of ratepayer/taxpayer funds.
Political And Regulatory IssuesThe company has come under scrutiny from a variety of stakeholders in the legislative and regulatory arenas following the Hurricane response.
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Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
CNP FAQ
What was Centerpoint Energy’s price range in the past 12 months?
Centerpoint Energy lowest stock price was $25.41 and its highest was $31.57 in the past 12 months.
What is Centerpoint Energy’s market cap?
Currently, no data Available
When is Centerpoint Energy’s upcoming earnings report date?
Centerpoint Energy’s upcoming earnings report date is Nov 07, 2024 which is in 49 days.
How were Centerpoint Energy’s earnings last quarter?
Centerpoint Energy released its earnings results on Jul 30, 2024. The company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.323 by $0.037.
Is Centerpoint Energy overvalued?
According to Wall Street analysts Centerpoint Energy’s price is currently Undervalued.
Does Centerpoint Energy pay dividends?
Centerpoint Energy pays a Quarterly dividend of $0.2 which represents an annual dividend yield of 2.83%. See more information on Centerpoint Energy dividends here
What is Centerpoint Energy’s EPS estimate?
Centerpoint Energy’s EPS estimate is $0.44.
How many shares outstanding does Centerpoint Energy have?
Centerpoint Energy has 651,721,200 shares outstanding.
What happened to Centerpoint Energy’s price movement after its last earnings report?
Centerpoint Energy reported an EPS of $0.36 in its last earnings report, beating expectations of $0.323. Following the earnings report the stock price went down -2.314%.
Which hedge fund is a major shareholder of Centerpoint Energy?
Among the largest hedge funds holding Centerpoint Energy’s share is Gotham Asset Management LLC. It holds Centerpoint Energy’s shares valued at 6M.
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Centerpoint Energy Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$29.70 (5.13% Upside)
$29.70 (5.13% Upside)
Blogger Sentiment
Bullish
CNP Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 230.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▼ 11.8%
Last 30 Days ▼ 11.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
0.26%
12-Months-Change
Fundamentals
Return on Equity
10.15%
Trailing 12-Months
Asset Growth
7.56%
Trailing 12-Months
Company Description
Centerpoint Energy
CenterPoint Energy owns a portfolio of energy-related businesses. Its regulated electric utility provides transmission and distribution services to more than 2.5 million customers in the Houston area, southern Indiana, and west central Ohio. The company has natural gas distribution systems in seven states serving approximately 4.5 million customers. CenterPoint owns approximately 54% of Enable Midstream Partners, a partnership consisting of natural gas processing and storage facilities and more than 21,000 miles of interstate, intrastate, and gathering pipelines in the midcontinent region.
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CNP Company Deck
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CNP Earnings Call
Q2 2024
0:00 / 0:00
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CNP Revenue Breakdown
46.90% Retail gas sales
42.56% Electric delivery
6.54% Retail electric sales
3.65% Energy products and services
0.36% Other
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CNP Stock 12 Month Forecast
Average Price Target
$29.70
▲(5.13% Upside)
Technical Analysis
Best Analysts Covering CNP
1 Year
1 Year Success Rate
21/27 ratings generated profit
1 Year Average Return
+12.61%
reiterated a buy rating 5 months ago
Copying Shelby Tucker's trades and holding each position for 1 Year would result in 77.78% of your transactions generating a profit, with an average return of +12.61% per trade.
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