CenterPoint Energy Inc (CNP)

NYSE
Currency in USD
33.81
+0.40(+1.20%)
Closed
After Hours
34.10+0.29(+0.86%)
CNP Scorecard
Full Analysis
Operates with a significant debt burden
Earnings results expected tomorrow
Fair Value
Day's Range
33.4134.09
52 wk Range
25.4134.09
Key Statistics
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Prev. Close
33.41
Open
33.5
Day's Range
33.41-34.09
52 wk Range
25.41-34.09
Volume
5.59M
Average Vol. (3m)
4.23M
1-Year Change
21.27%
Book Value / Share
16.16
Fair Value
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Fair Value Upside
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CNP Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
32.94
Downside
-2.59%
Members' Sentiments
Bearish
Bullish
ProTips
3 analysts have revised their earnings upwards for the upcoming period
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CenterPoint Energy Inc Company Profile

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, Louisiana, Minnesota, Mississippi, Ohio, and Texas; permanent pipeline connections through interconnects with various interstate and intrastate pipeline companies; and provides maintenance and repair services of home appliances to customers in Minnesota and home repair protection plans to natural gas customers in Indiana, Mississippi, Ohio, and Texas through a third party. It serves approximately 2,534,730 metered customers; owned 348 substations with transformer capacity of 79,719 megavolt amperes; and owned and operated 217 miles of intrastate pipeline in Louisiana and Texas. The company was founded in 1866 and is headquartered in Houston, Texas.

Sector
Utilities
Employees
8827

CenterPoint Energy Inc SWOT Analysis


Growth Opportunities
Discover CenterPoint's potential for incremental capital investments and rate base expansion, with analyst price targets ranging from $28 to $29
Financial Balancing Act
Learn how CenterPoint navigates accelerated financing costs and storm-related expenses while maintaining a 6-8% EPS growth projection and strong dividend track record
Regulatory Headwinds
Delve into the complex regulatory landscape facing CenterPoint, including mobile generation debates and rate case challenges impacting financial outlook
Operational Resilience
Explore CenterPoint Energy's strategic focus on storm preparedness and infrastructure improvements, positioning the company for enhanced reliability and efficiency
Read full SWOT analysis

CenterPoint Energy Inc Earnings Call Summary for Q3/2024

  • Q3 non-GAAP EPS fell to $0.31, but 2024 guidance of $1.61-$1.63 reaffirmed; 2025 guidance set at $1.74-$1.76
  • Texas organic growth strong; 30% peak load increase expected by 2030; $21B of $47B 10-year capital plan for Texas
  • Greater Houston Resiliency Initiative progressing; $4.9B investment planned for 2025, focusing on grid resilience
  • $3B cash inflow expected from divestitures and securitizations; long-term growth target of 6-8% annually through 2030
  • Managing $1.6B storm-related costs; exploring subleasing for winter peak capacity; ERCOT load forecast updates in 2025
Last Updated: 10/28/2024, 03:26 PM
Read Full Transcript

Compare CNP to Peers and Sector

Metrics to compare
CNP
Peers
Sector
Relationship
P/E Ratio
22.9x17.8x12.0x
PEG Ratio
1.18−1.490.02
Price / Book
2.1x1.5x1.3x
Price / LTM Sales
2.6x1.8x1.6x
Upside (Analyst Target)
−2.0%0.0%19.9%
Fair Value Upside
Unlock−19.5%5.6%Unlock

Analyst Ratings

4 Buy
12 Hold
2 Sell
Ratings:
18 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 32.94
(-2.59% Downside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 1.51
Dividend Yield
2.63%
Industry Median 3.19%
Annualized Payout
0.88
Paid quarterly
5-Years Growth
-6.84%
Growth Streak

Earnings

Latest Release
Oct 28, 2024
EPS / Forecast
0.31 / 0.32
Revenue / Forecast
1.86B / 1.99B
EPS Revisions
Last 90 days

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FAQ

What Is the CenterPoint Energy (CNP) Stock Price Today?

The CenterPoint Energy stock price today is 33.81

What Stock Exchange Does CenterPoint Energy Trade On?

CenterPoint Energy is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for CenterPoint Energy?

The stock symbol for CenterPoint Energy is "CNP."

Does CenterPoint Energy Pay Dividends? What’s The Current Dividend Yield?

The CenterPoint Energy dividend yield is 2.63%.

What Is the CenterPoint Energy Market Cap?

As of today, CenterPoint Energy market cap is 21.99B.

What is CenterPoint Energy Earnings Per Share?

The CenterPoint Energy EPS is 1.51.

What Is the Next CenterPoint Energy Earnings Date?

CenterPoint Energy will release its next earnings report on Feb 20, 2025.

From a Technical Analysis Perspective, Is CNP a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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