CNP - CenterPoint Energy, Inc.
| Previous Close | 27.76 |
| Open | 27.84 |
| Bid | 27.00 x 800 |
| Ask | 0.00 x 1000 |
| Day's Range | 27.73 - 28.19 |
| 52 Week Range | 24.81 - 30.17 |
| Volume | 4,859,833 |
| Avg. Volume | 5,029,163 |
| Market Cap | 14.093B |
| Beta (3Y Monthly) | 0.53 |
| PE Ratio (TTM) | 7.84 |
| EPS (TTM) | 3.59 |
| Earnings Date | Nov 8, 2018 |
| Forward Dividend & Yield | 1.11 (4.03%) |
| Ex-Dividend Date | 2018-08-15 |
| 1y Target Est | 29.54 |
- American City Business Journals•12 hours ago
Houston utility takes No. 2 spot for lobbying spending in Texas
Two Houston-based power companies and their subsidiaries are among the biggest spenders at the Texas state level for lobbying efforts so far in 2018, according to data from the Texas Ethics Commission. For instance, Houston-based power utility CenterPoint Energy Inc. (NYSE: CNP) has paid 20 lobbyists this year, which means it paid cumulatively between $1.36 million and $2.68 million. The median of CenterPoint’s spending range is the second highest out of any organization that lobbied in Texas, according to the TEC data.
Markit•2 days agoSee what the IHS Markit Score report has to say about Centerpoint Energy Inc.
Centerpoint Energy Inc NYSE:CNP
- American City Business Journals•3 days ago
Exclusive: Investor buys old Weingarten's Grocery warehouse in Houston's East End
Stonelake Capital Partners, an investment firm that developed several properties near the River Oaks District, closed on a 238,125-square-foot industrial property in the East End. This is Stonelake's first industrial acquisition in Houston, per the company's website. Demand for industrial space has been more competitive near Port Houston.
- Zacks•9 days ago
CenterPoint Energy and Vectren Merger Gets FERC Approval
CenterPoint Energy's (CNP) acquisition of Vectren for $6 billion will lead to a new company serving more than 7 million customers across the United States.
Markit•11 days agoSee what the IHS Markit Score report has to say about Centerpoint Energy Inc.
Centerpoint Energy Inc NYSE:CNP
- Moody's•11 days ago
Vectren Utility Holdings, Inc. -- Moody's changes rating outlook of Vectren Utility Holdings and subsidiaries to negative; affirms all ratings
Moody's Investors Service ("Moody's") changed the rating outlook of Vectren Utility Holdings, Inc. (VUHI) and its subsidiaries, Indiana Gas Company, Inc. (IGC) and Southern Indiana Gas & Electric Company (SIGECO), to negative from stable. All ratings, including VUHI's A2 senior unsecured rating and Prime-1 short-term rating for commercial paper, IGC's A2 senior unsecured rating, and SIGECO's A2 Issuer Rating were affirmed.
- GlobeNewswire•14 days ago
CenterPoint Energy and Vectren merger receives FERC approval
“We are pleased by the FERC’s decision today to approve the merger between Vectren and CenterPoint Energy, moving us closer to finalizing the transaction,” said Carl Chapman, Chairman, President and CEO of Vectren. The merger previously received Vectren shareholder approval in August. While neither Indiana nor Ohio has approval authority over the merger, informational proceedings with regulators in both states have been initiated, and the Indiana Utility Regulatory Commission has set a schedule for the review of information voluntarily submitted by the companies related to the merger, including a hearing on October 17, 2018.
- PR Newswire•14 days ago
CenterPoint Energy Inc. announces closing of $1.5 billion senior notes offering
CenterPoint Energy intends to use the net proceeds from the offering to finance a portion of the cash consideration payable by CenterPoint Energy in connection with its pending merger with Vectren Corporation (Vectren Merger), as well as a portion of the related fees and expenses. If for any reason the Vectren Merger is not completed on or prior to Oct. 31, 2019, CenterPoint Energy will be required to redeem all of the senior notes at a redemption price equal to 101% of the principal amount of the senior notes plus accrued and unpaid interest, if any, to, but excluding the date of redemption.
- Zacks•16 days ago
CenterPoint (CNP) Expanded Natural Gas Services in Illinois
CenterPoint Energy (CNP) expands retail natural gas supply services in Illinois, starting this month. It now provides services to residential customers and businesses of all sizes.
- GlobeNewswire•16 days ago
New Research Coverage Highlights Apogee Enterprises, National CineMedia, CenterPoint Energy, Royal Gold, Tenneco, and CVR Refining, LP — Consolidated Revenues, Company Growth, and Expectations for 2018
NEW YORK, Oct. 04, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
- PR Newswire•18 days ago
CenterPoint Energy Services expands natural gas services in Illinois
HOUSTON, Oct. 2, 2018 /PRNewswire/ -- CenterPoint Energy, Inc. (CNP) today announced that its competitive natural gas sales and services business, CenterPoint Energy Services, has expanded its retail natural gas supply to residential customers and businesses of all sizes in Illinois. The expansion of services, which began this month, builds on CenterPoint Energy Services' established presence in Illinois where it currently serves more than 6,000 commercial and industrial customers.
- PR Newswire•18 days ago
CenterPoint Energy closes concurrent upsized public offerings of $2.8 billion in net proceeds
Offerings include $1.90 billion Common Stock, $978 million Depositary Shares representing interests in Series B Mandatory Convertible Preferred Stock, which included the full exercise of both respective ...
- PR Newswire•24 days ago
CenterPoint Energy prices concurrent upsized public offerings of $1.65 billion Common Stock and $850 million Depositary Shares representing interests in Series B Mandatory Convertible Preferred Stock
HOUSTON, Sept. 26, 2018 /PRNewswire/ -- CenterPoint Energy, Inc. (CNP) today announced the pricing of its concurrent underwritten public offerings of approximately $1,650,000,000 of shares of common stock at a price of $27.25 per share and 17,000,000 depositary shares, each representing a 1/20th interest in a share of its 7.00% Series B Mandatory Convertible Preferred Stock (Series B Preferred Stock), at a price of $50 per depositary share. Each share of Series B Preferred Stock will have a liquidation preference of $1,000 (equivalent to $50 per depositary share). In addition, CenterPoint Energy has granted the underwriters in each respective offering a 30-day option to purchase up to an additional approximately $247,500,000 of shares of common stock and up to an additional 2,550,000 depositary shares.
- PR Newswire•25 days ago
CenterPoint Energy announces concurrent public offerings of $1.50 billion of Common Stock and $0.75 billion of Depositary Shares representing interests in Series B Mandatory Convertible Preferred Stock
HOUSTON, Sept. 24, 2018 /PRNewswire/ -- CenterPoint Energy, Inc. (CNP) today announced the commencement of concurrent underwritten public offerings of $1,500,000,000 of shares of common stock and 15,000,000 depositary shares, each representing a 1/20th interest in a share of its Series B Mandatory Convertible Preferred Stock (Series B Preferred Stock), subject to market and other conditions. Each share of Series B Preferred Stock will have a liquidation preference of $1,000 (equivalent to $50 per depositary share). In addition, CenterPoint Energy intends to grant the underwriters in each respective offering a 30-day option to purchase up to an additional $225,000,000 of shares of common stock and up to an additional 2,250,000 depositary shares.
Markit•last monthSee what the IHS Markit Score report has to say about Centerpoint Energy Inc.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting CNP. Over the last month, growth of ETFs holding CNP is favorable, with net inflows of $18.27 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing.
- GlobeNewswire•last month
CenterPoint Energy, Inc. to Host Webcast of Third Quarter 2018 Earnings Conference Call
Houston, TX, Sept. 17, 2018--. Time: 10:00 a.m. Central time or 11:00 a.m. Eastern time. Click "Investors", and click the link "CenterPoint Energy, Inc. Third Quarter 2018 Earnings Conference ...
- Simply Wall St.•last month
What Makes CenterPoint Energy Inc (NYSE:CNP) A Great Dividend Stock?
CenterPoint Energy Inc (NYSE:CNP) is a true Dividend Rock Star. Its yield of 3.8% makes it one of the market’s top dividend payer. In the past ten years, CenterPoint EnergyRead More...
Markit•last monthSee what the IHS Markit Score report has to say about Centerpoint Energy Inc.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. CNP credit default swap spreads are within the middle of their range for the last three years.
- Zacks•last month
4 Reasons to Hold CenterPoint Energy (CNP) in Your Portfolio
CenterPoint Energy (CNP) looks promising and is likely to reward investors with better returns, courtesy of these four factors.
- Market Realist•last month
What’s Next for CenterPoint Energy Stock?
CenterPoint Energy (CNP) rose 3.6% after J.P. Morgan upgraded it from neutral to overweight on September 5. J.P. Morgan Chase also raised CenterPoint Energy’s price target from $29.0 to $31.0.
Markit•last monthSee what the IHS Markit Score report has to say about Centerpoint Energy Inc.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. CNP credit default swap spreads are within the middle of their range for the last three years.
- Thomson Reuters StreetEvents•last month
Edited Transcript of CNP earnings conference call or presentation 22-Feb-18 4:00pm GMT
Q4 2017 CenterPoint Energy Inc Earnings Call
- Moody's•last month
CenterPoint Energy Resources Corp. -- Moody's upgrades CenterPoint Energy Resources to Baa1; outlook positive
Moody's Investors Service ("Moody's") upgraded the senior unsecured rating of CenterPoint Energy Resources Corp. (CERC) to Baa1 from Baa2 and affirmed its Prime-2 short-term rating for commercial paper. "The upgrade reflects the reduction in CERC's business risk effected through the internal spin of its GP and LP interests in Enable Midstream Partners to a new intermediate holding company - CenterPoint Energy Midstream" said Robert Petrosino, Moody's Vice President -- Senior Analyst.
- PR Newswire•2 months ago
CenterPoint Energy announces internal spin of Enable Midstream interests from CenterPoint Energy Resources Corp.
- CenterPoint Energy's Enable common units and general partner interests now included in newly created subsidiary, CenterPoint Energy Midstream, Inc. - CenterPoint Energy Midstream, Inc. is capitalized by CenterPoint Energy, Inc. HOUSTON, Sept. 4, 2018 /PRNewswire/ -- CenterPoint Energy, Inc. (CNP) today reported the completion of an internal spin of its Enable Midstream Partners, LP (Enable) common units and interests in Enable's general partner, Enable GP, LLC (Enable GP), from CenterPoint Energy Resources Corp. (CERC) to CenterPoint Energy Midstream, Inc. (CNP Midstream). The newly established CNP Midstream now holds all of CenterPoint Energy's interest in Enable and Enable GP except for CenterPoint Energy's investment in $363 million of Enable's 10% perpetual preferred securities.
- Zacks•2 months ago
Vectren Gets Investors' Approval for CenterPoint Merger
Vectren's (VVC) stakeholders approve the proposed merger with 61.6% of total outstanding shareholders casting votes in favor of the move.
