CNP - CenterPoint Energy, Inc.
| Previous Close | 29.25 |
| Open | 29.20 |
| Bid | 28.91 x 1200 |
| Ask | 28.92 x 1800 |
| Day's Range | 28.84 - 29.22 |
| 52 Week Range | 26.74 - 31.42 |
| Volume | 1,119,575 |
| Avg. Volume | 4,596,208 |
| Market Cap | 14.498B |
| Beta (3Y Monthly) | 0.48 |
| PE Ratio (TTM) | 43.74 |
| EPS (TTM) | 0.66 |
| Earnings Date | Aug 7, 2019 |
| Forward Dividend & Yield | 1.15 (3.93%) |
| Ex-Dividend Date | 2019-05-15 |
| 1y Target Est | 31.63 |
- Markit•10 days ago
See what the IHS Markit Score report has to say about CenterPoint Energy Inc.
CenterPoint Energy Inc NYSE:CNPView full report here! Summary * Perception of the company's creditworthiness is positive * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort 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 flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $5.97 billion over the last one-month into ETFs that hold CNP are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS MarkitThere is no PMI sector data available for this security. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. CNP credit default swap spreads are near the lowest level of the last three years and indicate the market's continued positive 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.
- Simply Wall St.•14 days ago
Is CenterPoint Energy, Inc.'s (NYSE:CNP) 4.5% ROE Worse Than Average?
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
- PR Newswire•18 days ago
CenterPoint Energy releases 2018 Corporate Responsibility Report
Report details company's environmental, social and governance performance HOUSTON , July 1, 2019 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) today announced the release of its 2018 Corporate Responsibility ...
- Market Realist•18 days ago
Top Utility Stocks’ Wall Street Ratings and Price Targets
Many top utility stocks are offering flattish potential upside due to the recent rally, based on analysts’ estimates.
- Moody's•23 days ago
CenterPoint Energy Houston Electric, LLC -- Moody's affirms CenterPoint Energy Houston Electric ratings; outlook changed to negative
Moody's Investors Service ("Moody's") affirmed the ratings of CenterPoint Energy Houston Electric, LLC (CEHE), including its A3 senior unsecured and Issuer rating, A1 senior secured rating and changed the outlook to negative from stable.
- GlobeNewswire•last month
CenterPoint Energy, Inc. to Host Webcast of Second Quarter 2019 Earnings Conference Call
Houston, TX, June 19, 2019 -- Date: August 7, 2019 Time: 10:00 a.m. Central time or 11:00 a.m. Eastern time Listen via internet: http://investors.centerpointenergy.com/.
- Insider Monkey•last month
Were Hedge Funds Right About Flocking Into CenterPoint Energy, Inc. (CNP) ?
Investing in small cap stocks has historically been a way to outperform the market, as small cap companies typically grow faster on average than the blue chips. That outperformance comes with a price, however, as there are occasional periods of higher volatility. The last 8 months is one of those periods, as the Russell 2000 […]
- InvestorPlace•last month
3 Big Stock Charts for Monday: CenterPoint Energy, McKesson and Coca-Cola
That's four big daily wins in a row for stocks, with the S&P 500's gain of 1.05% on Friday. It's still too soon to call it the beginning of a recovery move; it's almost too much, too fast. But, it buys time for the bulls to regroup.Source: Allan Ajifo via Wikimedia (Modified)Microsoft (NASDAQ:MSFT) carried more than its fair share of the weight, rallying 2.8% to cross back above the $1 trillion market cap mark. Weighing the market down was the 1.26% tumble from Bank of America (NYSE:BAC), setting the tone that adversely impacted most other banking names. Concerns of interest rate cuts rattled bank investors, as lower interest rates threaten bank profits. * 7 A-Rated Stocks to Buy Under $10 Neither are especially compelling trading prospects headed into this week's trading action though. Rather, take a look at stock charts of McKesson (NYSE:MCK), Coca-Cola (NYSE:KO) and CenterPoint Energy (NYSE:CNP). Here's why, and what needs to happen next.InvestorPlace - Stock Market News, Stock Advice & Trading Tips CenterPoint Energy (CNP)When we last looked at CenterPoint Energy back on May 15, it had just pushed up and off of its 200-day moving average line, only to run into resistance again. While it could have gone either way at the time, the bears actually had the edge.Since then, the 200-day line failed to keep the stock propped up. Sure, CNP snapped back in early June to cross back above the very same 200-day moving average line. With the shape and placement of Friday's bar, however, it appears CenterPoint shares are back en route to even lower lows. Click to Enlarge * The red flag is Friday's engulfing pattern, meaning the high open and low close completely engulfed Thursday's low/high range. Such a sweeping change of heart is telling. * Simultaneously, the big bearish swing also dragged CNP back below the pivotal 200-day line, plotted in white on both stock charts. * If the selling gets traction, the next likely landing spot is just under $27, where CNP found support for the better part of last year. Coca-Cola (KO)With nothing more than a quick glance, Coca-Cola looks enticing. Shares have been rallying quite well since February's low, seemingly unstoppable. The fact that a long-term resistance line, plotted in white on the weekly chart, was hurdled last week only bolsters the bullish argument.A closer, more thorough look at the weekly chart, however, reveals the advance just bumped into another rather well-established ceiling. Meanwhile, the shape of Friday's bar also suggests we're ready to pivot back into a pullback. * 10 Stocks to Buy That Could Be Takeover Targets Click to Enlarge * Friday's high aligns with the prior two major peaks from KO stock, plotted in red on the weekly chart that's also on the verge of an overbought RSI indicator. * In the daily timeframe, the open and close both near the low of a relatively tall bar, which also suggests a move from a net-buying to a net-selling environment. * While the stage is set, the move won't be complete until we get a confirmation in the form of a lower close. McKesson (MCK)Finally, given its multi-year history, doubting McKesson is on the mend now wouldn't be a tough conclusion to make. And, that may well be the case here despite a couple of bullish curiosities. Nevertheless, those curiosities are worth pointing out, as a recovery effort from here could lead into a major rally effort. Click to Enlarge * Most noteworthy is also the least noticed … not only are we now seeing a bullish MACD convergence, the most recent MACD crossover took place above the prior one. It points to a longer-term advance that needs multiple efforts to get going. * At the same time, notice on the daily chart that all the key moving average lines are about to converge after last year's divergence. The big clue to watch for is the purple 50-day average crossing above the white 200-day line. That's a "golden cross" that suggests more bullishness ahead. * The ultimate ceiling, however, is currently at $135. That's the line that connects all the major peaks since September, marked in yellow on both stock charts.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy As They Hit 52-Week Lows * 4 Antitrust Tech Stocks to Keep an Eye On * 5 Gold and Silver Stocks Touching Intraday Highs Compare Brokers The post 3 Big Stock Charts for Monday: CenterPoint Energy, McKesson and Coca-Cola appeared first on InvestorPlace.
- Zacks•last month
Why Is CenterPoint (CNP) Down 1.5% Since Last Earnings Report?
CenterPoint (CNP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- PR Newswire•2 months ago
Injured Utility Worker Sues CenterPoint Energy Houston Electric for Negligence
HOUSTON, May 21, 2019 /PRNewswire/ -- A Houston-area utility worker has filed a lawsuit against CenterPoint Energy Houston Electric, LLC, after he was severely injured in a fall from a company utility pole. On March 15, 2019, near Tomball, Texas, Garrett Wilder, an employee of electrical contractor L.E. Myers Co., went with his co-worker to the utility pole owned by CenterPoint Energy Houston to do maintenance work.
- InvestorPlace•2 months ago
3 Big Stock Charts for Wednesday: Kimco Realty, Take-Two Interactive and CenterPoint Energy
Given Monday's steep selloff, Tuesday's bounce wasn't a big surprise. It also was anything but convincing. The S&P 500's gain of 0.8% and close of 2,834.41 was well off the day's high of 2,852.42, leaving the matter of more selling in question.Source: Allan Ajifo via Wikimedia (Modified)General Electric (NYSE:GE) set the tone, and pace, gaining 4.6% mostly thanks to word that it had secured some important power plant business. Beyond Meat (NASDAQ:BYND) once again logged one of the day's best gains though, up 14.6% as investors continue to fall in love with the idea of meatless meat.Although they couldn't drag the broad market into the red, there were some losers, led by Nissan Motor (OTCMKTS:NSANY). Shares of the carmaker fell 7.2% in response to another disappointing quarterly report, underscored by a poor outlook for this year.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Retirement Stocks That Won't Wilt in a Bear Market Here, at the midpoint of the week, however, it's the stock charts of Take-Two Interactive Software (NASDAQ:TTWO), CenterPoint Energy (NYSE:CNP) and Kimco Realty (NYSE:KIM) that are of the most interest. Here's what to look for. Take-Two Interactive Software (TTWO)Sometimes, context is everything. It certainly has been for Take-Two Interactive Software shares during just the first two trading days of the week, particularly given that last quarter's less-than-thrilling earnings were posted on Monday.The stock fell, with the market, but didn't fall anywhere near as much as it should have given the bearish environment and the fact that earnings fell. That, followed by yesterday's oversized gains implies traders have been waiting for any reason to buy. Having tipped their hand, the breakout effort may be unstoppable now. Click to Enlarge * Notice that the thrust is shaping, and being shaped by, a diverging wedge pattern plotted in white dashed lines. Any defined framework like this is a bullish clue. * Underscoring Tuesday's gain is the volume surge behind it. * Backing out to the weekly chart we can tell this uptrend has actually been developing for a while. The Chaikin line's cross above zero last month and the MACD cross from March has only widened in the meantime. * A cross above the recently developed ceiling of the diverging wedge could readily accelerate the rally effort from here. Kimco Realty (KIM)Kimco Realty actually trailed the broad market's sizeable rally on Tuesday. But, it also sidestepped the even-bigger meltdown on Monday and has found support at key levels of late while the overall market has been hit hard. More than that, it has found support at familiar floors. While there's still one key hurdle left ahead, the undertow has been resiliently bullish. We'll take the hints.Above all else, KIM stock is back above the key level around $18, plotted in yellow on both stock charts. That line has been support and resistance in recent weeks. * 10 'Buy-and-Hold' Stocks to Own Forever Click to Enlarge * Augmenting the support at $18 is more recent support provided by the purple 50-day moving average line and the blue 20-day moving average. That support is highlighted, as is last month's similar support from the gray 100-day moving average line. * It takes the longer-term view of the weekly chart to fully appreciate how well the new uptrend is forming now that the downtrend of 2017 has been snapped and 2018's stagnation is in the rearview mirror. We've now seen a higher high and higher low. * A break above March's high near $18.80 could wind up being a bullish catalyst with lots of room left to recover. CenterPoint Energy (CNP)CenterPoint Energy is a name that has been off and on the radar for several weeks now. It had slipped off in April, when the break above a key ceiling early this year faded into a period of sideways movement. The past few days have been volatile enough to put it back in focus. But this focus comes with no clarity as to which direction it really wants to go next. The good news is, the recent action has defined where the key lines in the sand are. Click to Enlarge * Friday's reversal was prodded by a new encounter with the white 200-day moving average line, though the horizontal line around $29 -- plotted in blue on both stock charts -- had also been a key support and resistance level before being revisited. * Although the reversal was impressive, it was also halted abruptly at the gray 100-day moving average line on Monday. The stock rolled over on Tuesday, falling against a bigger bullish tide. * Notice that the two bearish days sandwiching Friday's and Monday's gains were both higher volume days, suggesting there are more buyers than sellers. * If the floor around $29 snaps, the next most likely floor is around $27, where shares found support several times in the last few months of last year.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Retirement Stocks That Won't Wilt in a Bear Market * 5 Consumer Stocks Ready to Push Higher * 3 of the Best ETFs to Buy for a Play on Gold Stocks Compare Brokers The post 3 Big Stock Charts for Wednesday: Kimco Realty, Take-Two Interactive and CenterPoint Energy appeared first on InvestorPlace.
- MoneyShow•2 months ago
Will Buffett Buy a Utility
I've personally owned Berkshire Hathaway (BRK.B) long enough to build up unrealized gains five times my initial investment. That hardly makes me unique, observes Roger Conrad, income specialist and editor of Conrad's Utility Investor.
- Zacks•2 months ago
Should You Invest in the Invesco DWA Utilities Momentum ETF (PUI)?
Sector ETF report for PUI
- Thomson Reuters StreetEvents•2 months ago
Edited Transcript of CNP earnings conference call or presentation 9-May-19 3:00pm GMT
Q1 2019 CenterPoint Energy Inc Earnings Call
- Simply Wall St.•2 months ago
How Many CenterPoint Energy, Inc. (NYSE:CNP) Shares Have Insiders Sold, In The Last Year?
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift...
Motley Fool•2 months agoCenterpoint Energy Inc (CNP) Q1 2019 Earnings Call Transcript
CNP earnings call for the period ending March 31, 2019.
- Zacks•2 months ago
CenterPoint Energy (CNP) Q1 Earnings Miss, Revenues Up Y/Y
CenterPoint Energy's (CNP) year-over-year top-line growth in the first quarter was led by increased contribution from both utility and non-utility segments.
- Zacks•2 months ago
CenterPoint Energy (CNP) Lags Q1 Earnings and Revenue Estimates
CenterPoint (CNP) delivered earnings and revenue surprises of -8.00% and -8.28%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
- Associated Press•2 months ago
CenterPoint: 1Q Earnings Snapshot
The Houston-based company said it had profit of 28 cents per share. Earnings, adjusted for one-time gains and costs, came to 46 cents per share. The results missed Wall Street expectations. The average ...
- PR Newswire•2 months ago
CenterPoint Energy reports first quarter 2019 earnings of $0.28 per diluted share; $0.46 earnings per diluted share on a guidance basis, excluding impacts associated with the Vectren merger
Company reiterates 2019 EPS guidance, 2020 EPS guidance and 5-year guidance basis EPS growth target HOUSTON , May 9, 2019 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) today reported income available ...
- TheStreet.com•2 months ago
CenterPoint Energy Expected to Earn 52 Cents a Share
is expected to report quarterly earnings of 52 cents a share on sales of $3.9 billion before the market opens on Thursday, based on a FactSet survey of 11 analysts. CenterPoint Energy is currently trading at a price-to-forward-earnings ratio of 17.8 based on the 12-month estimates of 13 analysts surveyed by FactSet. Introducing TheStreet Courses: Financial titans Jim Cramer and Robert Powell are bringing their market savvy and investing strategies to you.
