Investing in Centerpoint Energy Stock Symbol CNP

Centerpoint Energy is a well-established company with a long history of providing essential services to its customers. Founded in 1922, Centerpoint Energy has been serving the energy needs of its customers for nearly a century.

The company's stock symbol, CNP, is listed on the New York Stock Exchange (NYSE). This provides investors with a convenient way to buy and sell shares of the company.

Centerpoint Energy's operations are divided into three main segments: Electric, Natural Gas, and Competitive Gas. Each segment plays a crucial role in meeting the energy needs of the company's customers.

CenterPoint Energy's financial performance in 2024 was a mixed bag. Revenue decreased by 0.61% to $8.64 billion.

The company's earnings, however, saw a significant increase of 17.53% to $1.02 billion. This improvement in earnings is a positive sign for investors.

In terms of profitability, CenterPoint Energy's Return on Assets (Normalized) was 2.44%, indicating a moderate level of efficiency in using its assets to generate revenue.

Let's take a closer look at the financial performance of these companies, specifically their profitability.

CNP, SO, and DTE have shown varying levels of profitability, with Return on Assets (Normalized) ranging from 2.44% to 3.01%.

The Return on Equity (Normalized) for CNP is 9.90%, while SO and DTE have higher returns of 12.86% and 12.59% respectively.

Return on Invested Capital (Normalized) is another key metric, with CNP at 5.76%, SO at 6.33%, and DTE at 6.05%.

Here's a summary of their normalized profitability metrics:

CenterPoint Energy's share price has seen significant fluctuations over the years, with its current price standing at $34.20.

The 52-week high was reached at $34.44, while the 52-week low was $25.41. This shows a considerable range in the company's stock price.

The beta of CenterPoint Energy's stock is 0.95, indicating a relatively stable price movement.

Over the past month, the stock price has increased by 5.69%. This is a notable gain, especially considering the current economic climate.

In the past three months, the stock price has risen by 5.13%. This steady increase suggests a positive trend for the company.

In the past year, the stock price has surged by 25.27%. This is a remarkable growth, indicating the company's financial performance is on the rise.

Here's a summary of the stock price changes over the past few years:

In 2024, CenterPoint Energy's revenue was $8.64 billion, a decrease of -0.61% compared to the previous year's $8.70 billion. The company's earnings were $1.02 billion, an increase of 17.53%.

The company's financial performance is also reflected in its stock price, which has seen significant growth over the past year. The current share price is $34.20, a 25.27% increase from the same time last year.

One way to measure the performance of CenterPoint Energy is by comparing it to the S&P. According to the data, CenterPoint Energy's 1-year return was +25.98%, while the S&P's 1-year return was +17.58%. This means that CenterPoint Energy outperformed the S&P by 8.4 percentage points over the past year.

Here's a comparison of CenterPoint Energy's return vs. the S&P over various time periods:

CenterPoint Energy's long-term performance is also impressive, with a 5-year return of +62.42% and a 5-year annualized return of +10.19%. However, it's worth noting that the S&P has outperformed CenterPoint Energy over the long term, with a 5-year return of +91.99% and a 5-year annualized return of +13.93%.

CenterPoint Energy's estimated revenue for 2025 is $9,705 USD, with a predicted increase to $10,884 USD by 2029.

The company's dividend is expected to grow from $0.85 in 2025 to $1.13 in 2029.

In 2025, the estimated dividend yield is 2.67%, which is expected to increase to 3.28% by 2029.

CenterPoint Energy's earnings per share (EPS) is estimated to be $1.75 in 2025, with a predicted increase to $2.31 by 2029.

The estimated price-to-earnings (P/E) ratio for 2025 is 18.30, which is expected to decrease to 14.86 by 2029.

Here's a summary of CenterPoint Energy's estimated financial performance for the next few years:

These estimates suggest a steady increase in revenue, EPS, and dividend payments over the next few years.

CenterPoint Energy Stock is a solid investment option with a strong financial foundation. The company's revenue is expected to grow from $9,705 USD in 2026 to $10,884 USD in 2029, with a dividend yield of 3.28% in 2029.

The stock has a relatively low beta of 0.95, indicating that it is less volatile compared to the market. Over the past 5 years, the stock has experienced a 44% increase in value since its IPO.

Here are some key statistics about CenterPoint Energy's stock price performance:

CenterPoint Energy's stock price has been relatively stable over the past year, with a weekly volatility of 2%. This suggests that the stock is a good option for investors looking for a stable investment.

CNP's price movement has been relatively stable, with an average weekly movement of 2.5%. This is lower than the integrated utilities industry average of 2.9%.

Compared to the US market, CNP's price movement is also more stable, with a 6.0% average movement.

In the past 3 months, CNP's price has not experienced significant volatility, unlike some stocks in the US market.

CNP's weekly volatility has remained stable at 2% over the past year, indicating a consistent price movement.

Here's a comparison of CNP's price volatility with other stocks in the US market:

Overall, CNP's stable price movement makes it an attractive option for investors looking for a consistent return.

CenterPoint Energy is a holding company founded in 1866 and headquartered in Houston, TX. It operates through three main segments: CenterPoint Energy, Houston Electric, and CERC.

The company's CenterPoint Energy segment provides electric transmission and distribution services in the Texas gulf coast area and southwestern Indiana. It also includes power generation and wholesale power operations in the MISO region.

CenterPoint Energy's Houston Electric segment offers electric transmission services to customers in the ERCOT region and distribution services to REPs serving the Texas gulf coast area. This segment plays a crucial role in the company's overall operations.

The CERC segment of CenterPoint Energy covers Restructuring, which includes intrastate natural gas sales and transportation services to residential, commercial, and industrial customers across several states. This segment is a significant part of the company's business.

On May 7, CenterPoint Energy stock rose as much as 20%. This was a significant gain for the company, and it's worth noting that the earnings call for the period ending September 30, 2021, was a key factor in this increase.

The utility posted ugly results, but it's seemingly setting itself up for better days ahead. This suggests that investors are optimistic about the company's future prospects.

CenterPoint Energy's earnings call for the period ending December 31, 2020, provides some context for the company's performance. It's clear that the company has faced challenges in the past, but it's working to improve its results.

The fact that CenterPoint Energy's stock rose despite posting ugly results is a testament to the company's resilience. It shows that investors believe the company has a strong foundation and is poised for growth.

Centerpoint Energy's shareholder returns have been impressive, with a 25.3% return over the past year.

This is a significant boost compared to the US Market, which returned 17.8% over the same period. The company's performance has also matched the US Integrated Utilities industry, which returned 24.5% over the past year.

Here's a quick comparison of Centerpoint Energy's returns with the industry and market:

When evaluating the performance of a company, one key metric to consider is shareholder returns. Over the past 7 days, CNP's shareholder returns matched those of the US Integrated Utilities industry, with a return of 2.4%.

The 1-year return for CNP is a significant 25.3%, outpacing the US Market's 17.8% return over the same period. This suggests that investors in CNP have seen a substantial gain in their investment.

Here's a summary of the shareholder returns for CNP compared to the US Integrated Utilities industry and the US Market:

CNP's 1-year return of 25.3% also exceeded the US Market's return of 17.8%, indicating a strong performance for the company's shareholders.

Energy Analyst Opinions play a significant role in shaping investor decisions. Analysts from top firms such as Barclays Capital, BMO Capital Markets, Morgan Stanley, and J.P. Morgan have weighed in on CenterPoint Energy.

Barclays Capital has maintained a sell rating for CenterPoint Energy, with a price target of $30. They've been consistent in their negative outlook, with a sell rating dating back to March 14, 2024.

Morgan Stanley, on the other hand, has maintained a buy rating, with a price target of $30. They've been bullish on the company since November 21, 2023, and have reiterated their buy rating multiple times since then.

Other firms, such as BMO Capital Markets and J.P. Morgan, have also maintained buy ratings, with price targets ranging from $30 to $34.

Here's a summary of the analyst opinions:

It's essential to note that analyst opinions can change over time, and it's crucial to stay up-to-date with the latest developments.