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CenterPoint Energy Inc (NYSE:CNP): A Fundamentally Attractive Investment

CenterPoint Energy Inc (NYSE:CNP) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case of CNP, it is a notable dividend-paying company with a an impressive history of delivering benchmark-beating performance. Below is a brief commentary on these key aspects. For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on CenterPoint Energy here.

Outstanding track record 6 star dividend payer

Over the past few years, CNP has more than doubled its earnings, with its most recent figure exceeding its annual average over the past five years. This illustrates a strong track record, leading to a satisfying return on equity of 33%, which is an notable feat for the company.

NYSE:CNP Income Statement Export November 7th 18

Income investors would also be happy to know that CNP is one of the highest dividend payers in the market, with current dividend yield standing at 4.0%. CNP has also been regularly increasing its dividend payments to shareholders over the past decade.

NYSE:CNP Historical Dividend Yield November 7th 18

Next Steps:

For CenterPoint Energy, there are three fundamental aspects you should further research:

  1. Future Outlook: What are well-informed industry analysts predicting for CNP’s future growth? Take a look at our free research report of analyst consensus for CNP’s outlook.
  2. Financial Health: Are CNP’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of CNP? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.