Centerpoint Energy is a gas company located in Texas, United States, which is part of the Utilities sector, and is traded under the ticker CNP on the NYSE exchange.
Centerpoint Energy stock last closed at $29.20, down 1.95% from the previous day, and has increased 3.73% in one year. It has underperformed other stocks in the Utilities - Regulated Gas industry by 0.04 percentage points. Centerpoint Energy stock is currently +16.66% from its 52-week low of $25.03, and -12.84% from its 52-week high of $33.50.
There are currently 629.54M shares of CNP outstanding. The market value of CNP is $18.38B. In the past 24 hours, 5.44M CNP shares were traded.
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After you have decided on the best place to buy Centerpoint Energy stock, it's important to evaluate their stock before you buy, so you truly wrap your head around the risk as well as the opportunity.
WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on CNP's stock page.
Investors use many financial metrics, analyses, models, and charts to gauge CNP's intrinsic value.
Using relative valuations metrics:
You can do additional valuation analysis on CNP's stock here.
Out of 9 Wall Street analysts who give forecasts on CNP, the consensus analyst rating on Centerpoint Energy is a Strong Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
Shahriar Pourreza, a top 38% analyst from Guggenheim downgrades CNP to a hold rating and raises their CNP price target from $31.00 to $32.00, on Jan 23, 2023.
Stephen Byrd, a top 4% analyst from Morgan Stanley maintains CNP with a strong buy rating and raises their CNP price target from $29.00 to $31.00, on Dec 15, 2022.
Sophie Karp, a top 19% analyst from KeyBanc maintains CNP with a strong buy rating and lowers their CNP price target from $34.00 to $31.00, on Oct 20, 2022.
Sarah Akers, a top 13% analyst from Wells Fargo maintains CNP with a strong buy rating and lowers their CNP price target from $35.00 to $31.00, on Oct 19, 2022.
Eric Beaumont, a top 17% analyst from Barclays maintains CNP with a strong buy rating and lowers their CNP price target from $36.00 to $33.00, on Jul 18, 2022.
You can dive deeper into what analysts are saying on the Centerpoint Energy stock forecast page.
Last year, CNP earnings were $1.53B. During the last 5 year, CNP's earnings have gone up by 12.26% per year. This was slower than the Utilities - Regulated Gas industry average of 85.91%.
Last year, CNP revenue was $8.92B. During the past 5 year, CNP's revenue has increased by -0.3% per year. This was slower than the Utilities - Regulated Gas industry average of 27.84%.
Find out more about CNP's earnings and revenue performance here.
In the past year, insiders at CNP have sold more shares than they have bought.
David J. Lesar, CEO of CNP, was the latest CNP insider to sell. They sold $4,507,900.00 worth of CNP shares on Jan 3, 2023.
Research more about who owns CNP shares here.
Centerpoint Energy pays a dividend of 2.4%, compared to the Utilities - Regulated Gas industry's average dividend yield of 3.28%. If you owned $1,000 of CNP stock, you would have been paid $23.97 in the past 12 months.
Centerpoint Energy dividend payments have not consistently grown over the past decade and have not remained stable.
Dig into more analysis about Centerpoint Energy dividend yield and history here.
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