CNP - CenterPoint Energy, Inc.

NYSE - NYSE Delayed Price. Currency in USD
30.89
+0.06 (+0.19%)
At close: 4:03PM EST
Stock chart is not supported by your current browser
Previous Close30.83
Open30.95
Bid28.59 x 800
Ask31.13 x 1000
Day's Range30.74 - 31.04
52 Week Range24.81 - 31.04
Volume3,797,446
Avg. Volume5,195,729
Market Cap15.482B
Beta (3Y Monthly)0.56
PE Ratio (TTM)8.71
EPS (TTM)3.55
Earnings DateFeb 28, 2019
Forward Dividend & Yield1.15 (3.73%)
Ex-Dividend Date2019-02-20
1y Target Est30.69
Trade prices are not sourced from all markets
  • GlobeNewswire2 days ago

    CenterPoint Energy, Inc. to Host Webcast of Fourth Quarter and Full Year 2018 Earnings Conference Call

    Houston, TX, Feb. 14, 2019 --   Date:  February 28, 2019 Time:  9:00 a.m. Central time or 10:00 a.m. Eastern time Listen via internet:.

  • Energy cos. close multibillion-dollar acquisitions
    American City Business Journals11 days ago

    Energy cos. close multibillion-dollar acquisitions

    The deals were valued at about $8.5 billion and $4 billion when they were announced in April and October 2018, respectively.

  • Analysts Have Raised Their Price Targets for These Utility Stocks
    Market Realist12 days ago

    Analysts Have Raised Their Price Targets for These Utility Stocks

    How Last Week Went for Utilities: Valuation, Returns, and More(Continued from Prior Part)Analysts’ views and price targets Analysts’ price target of $48.30 for Exelon (EXC) implies a ~1.7% upside in the next 12 months based on its current price

  • How Much Of CenterPoint Energy, Inc. (NYSE:CNP) Do Institutions Own?
    Simply Wall St.12 days ago

    How Much Of CenterPoint Energy, Inc. (NYSE:CNP) Do Institutions Own?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! A look at the shareholders of CenterPoint Read More...

  • CenterPoint Energy Announces Intent to Voluntarily Delist Outstanding Vectren Utility Holdings Notes from NYSE
    PR Newswire15 days ago

    CenterPoint Energy Announces Intent to Voluntarily Delist Outstanding Vectren Utility Holdings Notes from NYSE

    HOUSTON, Feb. 1, 2019 /PRNewswire/ -- CenterPoint Energy, Inc. (CNP) today announced that Vectren Utility Holdings, Inc. (VUHI), a wholly owned subsidiary of CenterPoint Energy, has notified the New York Stock Exchange (NYSE) of its intention to voluntarily delist VUHI's 6.10% Senior Notes due December 1, 2035 (NYSE:VVC.HB) (the "Notes") from the NYSE.  VUHI also intends to terminate the registration of the Notes and the related guarantees, and the reporting obligations of VUHI with respect to the Notes and guarantees, under the Securities Exchange Act of 1934, as amended (the "Exchange Act").

  • CenterPoint Energy and Vectren complete merger
    PR Newswire15 days ago

    CenterPoint Energy and Vectren complete merger

    HOUSTON and EVANSVILLE, Ind., Feb. 1, 2019 /PRNewswire/ -- CenterPoint Energy, Inc. (CNP) and Vectren Corporation (VVC) today announced the successful completion of their merger. The combined company, which is named CenterPoint Energy and headquartered in Houston, has regulated electric and natural gas utility businesses in eight states that serve more than 7 million metered customers and a competitive energy businesses' footprint in nearly 40 states. With a greater level of business operations, resources and capabilities, we plan to execute a unified business strategy focused on the safe and reliable delivery of electricity, natural gas and energy-related services," said Scott M. Prochazka, president and chief executive officer of CenterPoint Energy.

  • PR Newswire16 days ago

    Brixmor Property Group Set to Join S&P MidCap 400

    NEW YORK , Jan. 31, 2019 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) will replace Vectren Corp. (NYSE: VVC) in the S&P MidCap 400 effective prior to the open of trading on Wednesday, February ...

  • Moody's19 days ago

    Matagorda County Navigation District 1, TX -- Moody's downgrades CenterPoint Energy, Inc. to Baa2 with stable outlook

    Moody's Investors Service ("Moody's") today downgraded the long-term ratings of CenterPoint Energy, Inc. (CenterPoint) including its Issuer rating to Baa2 from Baa1, senior unsecured rating to Baa2 from Baa1, subordinated debt rating to Baa3 from Baa2 and preferred stock rating to Ba1 from Baa3 while affirming its Prime-2 short term rating for commercial paper and A1 senior secured revenue bonds. The rating outlook for CenterPoint was changed to stable from negative.

  • American Electric (AEP) Posts In-Line Q4 Earnings, Sales Miss
    Zacks23 days ago

    American Electric (AEP) Posts In-Line Q4 Earnings, Sales Miss

    American Electric's (AEP) fourth-quarter revenues of $3.8 billion were in line with the top line figure in the year-ago quarter.

  • Near-Term Prospects Look Bright for Electric Power Stocks
    Zacks24 days ago

    Near-Term Prospects Look Bright for Electric Power Stocks

    Near-Term Prospects Look Bright for Electric Power Stocks

  • Zacks24 days ago

    Stocks Take a Break After Four-Day Rally

    Stocks Take a Break After Four-Day Rally

  • 6 Stocks to Prepare for a Global Economic Slowdown
    Zacks24 days ago

    6 Stocks to Prepare for a Global Economic Slowdown

    A slowdown in Europe and the ongoing trade conflicts have been cited as the major reasons for the IMF's projection cuts.

  • 3 Big Stock Charts for Wednesday: CenterPoint Energy, Prologis and Mohawk Industries
    InvestorPlace24 days ago

    3 Big Stock Charts for Wednesday: CenterPoint Energy, Prologis and Mohawk Industries

    It could have been worse. On Tuesday, the S&P 500 lost 1.42% of its value, ending the session at 2632.90. But, that was off the intraday low, and all it took was a kiss of the 50-day moving average line to put the selling on ice. Today will be a telling day. General Electric (NYSE:GE) set the pace, losing 4.4% of its value on worries that its intended Capital Aviation Services (GECAS) may not command the price previously expected. Altria Group (NYSE:MO) actually lost more ground, however, falling 6.9% in response to a Morgan Stanley downgrade. One noteworthy winner … eBay (NASDAQ:EBAY). Shares of the online-auction giant jumped 6.1% after activist investment firm Elliott Management showed some interest that could be a prelude to a serious -- and beneficial -- shakeup. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Headlines generally don't make for good trading, however, as they tend to be flash-in-the-pan events. Rather, top trading prospects generally take shape over the span of several days, like the stock charts of CenterPoint Energy (NYSE:CNP), Prologis (NYSE:PLD) and Mohawk Industries (NYSE:MHK) have of late. ### CenterPoint Energy (CNP) When we last looked at CenterPoint Energy back on Jan. 7, it was once again knocking on the door of a break out of a sideways trading range, between $27 and $29. That happened in the meantime. But, even then we were hesitant to view it in a fully bullish light. * 7 Dark Horse Stocks You Really Need to Look at for 2019 After Tuesday's action, though, the breakout move was tested, and passed the test with flying colors. Click to Enlarge • The big bullish clue is yesterday's low near $29. The bears had a chance to up-end the rally effort, but the former ceiling has become a floor, sparking a gain on a day most other names lost ground. • Underscoring the strength of the uptrend is more buying volume than not. Although choppy, the rising accumulation-distribution line says there's been more buying interest than selling interest since the rally got going in November. • The next plausible ceiling is the $30 area, marked with a red dashed line. That's where CNP peaked a few times in late 2017. ### Prologis (PLD) Prologis is another name we've dissected more than once in recent months, for largely the same reason as CenterPoint Energy. That is, though range-bound, a breakout was possibly brewing within that range. PLD has fallen out of its range, however, with no avail either way. But, Tuesday's bar offers up several clues that the rebound since late November may have run its course and the stock's now ready to pull back. Click to Enlarge • Yesterday's bar is called a doji, and a spinning top in particular, where the open and close are both right at the midpoint of an usually tall bar. This level of indecision is often seen at the end of a trend and the beginning of a trend in the other direction. • Bolstering the possibility that a reversal is taking shape is where this spinning top materialized. It's right at the intersection of the gray 100-day moving average line and the white 200-day line, where one would expect the bears to make a stand. • Still, this is the kind of trading setup that usually requires some proof of a pivot, ideally in the form of a decisive move lower today. ### Mohawk Industries (MHK) Finally, now's not the time to be making new, blind bets on Mohawk Industries. The company is expected to report earnings in early February, and the last two times the flooring company posted quarterly results, the stock was crushed. It may well happen again. Nevertheless, the chart's action over the course of the past few days means it's worth adding to your watchlist. The bulls are testing the waters in front of major news, and that news may well get MHK over a huge technical hurdle. Click to Enlarge • The hurdle in question is $127.80, plotted in yellow on both stock charts. Though Mohawk hasn't been able to push above it, it has been repeatedly trying to since earlier this month. • Underscoring the budding bullish effort is the above-average bullish volume seen in two of the past three trading days, and the fact that the blue 20-day moving average and the purple 50-day moving average line are in a position to act as support. • If for some reason Mohawk shares respond bullishly after last quarter's earnings are posted, that will likely be the beginning of a more prolonged rally. That doesn't necessarily mean would-by buyers have to jump in right away, however. As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can follow him on Twitter, at @jbrumley. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Consumer Stocks to Buy for Income * 7 Dark Horse Stocks You Really Need to Look at for 2019 * 7 Retail Stocks to Buy for the Rise of Menswear Compare Brokers The post 3 Big Stock Charts for Wednesday: CenterPoint Energy, Prologis and Mohawk Industries appeared first on InvestorPlace.

  • Markit24 days ago

    See what the IHS Markit Score report has to say about CenterPoint Energy Inc.

    # CenterPoint Energy Inc ### NYSE:CNP View full report here! ## Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low * Economic output in this company's sector is contracting ## Bearish sentiment Short interest | Positive Short interest is extremely low for CNP with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting CNP. ## Money flow ETF/Index ownership | Negative ETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding CNP totaled $607 million. Additionally, the rate of outflows appears to be accelerating. ## Economic sentiment PMI by IHS Markit There is no PMI sector data available for this security. ## Credit worthiness Credit default swap | Negative The current level displays a negative indicator. CNP credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Two power utilities have registered more lobbyists than other Houston cos.
    American City Business Journals29 days ago

    Two power utilities have registered more lobbyists than other Houston cos.

    Centerpoint and Entergy Texas each registered 14 lobbyists at the state level, more than any other Houston-based entity.

  • The Zacks Analyst Blog Highlights: Laureate, Jabil, Casey???s, Abercrombie & Fitch and CenterPoint Energy
    Zacks29 days ago

    The Zacks Analyst Blog Highlights: Laureate, Jabil, Casey???s, Abercrombie & Fitch and CenterPoint Energy

    The Zacks Analyst Blog Highlights: Laureate, Jabil, Casey???s, Abercrombie & Fitch and CenterPoint Energy

  • Fight Market Volatility With These 5 Low-Beta Stocks
    Zackslast month

    Fight Market Volatility With These 5 Low-Beta Stocks

    We have created a strategy to show that stocks or portfolios with lower volatility than the market can generate handsome returns.

  • NRG Energy Receives Approval to Sale South Central Business
    Zackslast month

    NRG Energy Receives Approval to Sale South Central Business

    In an attempt to execute the Transformation Plan, NRG Energy (NRG) divests South Central Business.

  • Zacks.com featured highlights include: SP, Tech Data, Outfront, HD Supply and CenterPoint
    Zackslast month

    Zacks.com featured highlights include: SP, Tech Data, Outfront, HD Supply and CenterPoint

    Zacks.com featured highlights include: SP, Tech Data, Outfront, HD Supply and CenterPoint

  • CenterPoint and Vectren Merger Receive Final IURC Approval
    Zackslast month

    CenterPoint and Vectren Merger Receive Final IURC Approval

    CenterPoint Energy (CNP) along with Vectren awaits for the remaining order approval from the Public Utilities Commission of Ohio (PUCO) for completing the merger formalities.

  • The Zacks Analyst Blog Highlights: ALLETE, Pinnacle West, CenterPoint, NextEra and American Water
    Zackslast month

    The Zacks Analyst Blog Highlights: ALLETE, Pinnacle West, CenterPoint, NextEra and American Water

    The Zacks Analyst Blog Highlights: ALLETE, Pinnacle West, CenterPoint, NextEra and American Water

  • PR Newswirelast month

    CenterPoint Energy and Vectren merger receives final order from the Indiana Utility Regulatory Commission

    HOUSTON and EVANSVILLE, Ind., Jan. 16, 2019 /PRNewswire/ -- CenterPoint Energy, Inc. (CNP) and Vectren Corporation (VVC) today announced that they have received a final order from the Indiana Utility Regulatory Commission (IURC). "We appreciate the Indiana Utility Regulatory Commission's thorough review of our pending merger," said CenterPoint Energy President and Chief Executive Officer Scott M. Prochazka. Under a merger agreement announced in April 2018, the combined company, which will be named CenterPoint Energy and headquartered in Houston, is expected to have regulated electric and natural gas utility businesses in eight states that serve more than 7 million metered customers and a competitive energy businesses footprint in nearly 40 states.

  • May Loses Brexit Vote, Shutdown Prevails: 5 Utilities to Pick
    Zackslast month

    May Loses Brexit Vote, Shutdown Prevails: 5 Utilities to Pick

    Taken together, these events are obscuring the near-term economic outlook and could lead to a spike in market volatility.

  • 5 Fundamentally Sound High-Flying Stocks to Scale Higher
    Zackslast month

    5 Fundamentally Sound High-Flying Stocks to Scale Higher

    Investors target stocks that have been on a bullish run lately. Stocks seeing price strength have a high chance of carrying the momentum forward.

  • GlobeNewswirelast month

    Consolidated Research: 2019 Summary Expectations for Five9, CenterPoint Energy, BMC Stock, Stoneridge, Stag Industrial, and Vishay Precision Group — Fundamental Analysis, Key Performance Indications

    NEW YORK, Jan. 16, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.