|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||27.72 - 28.08|
|52 Week Range||25.33 - 30.45|
|PE Ratio (TTM)||20.14|
|Earnings Date||Feb 22, 2018|
|Forward Dividend & Yield||1.11 (4.03%)|
|1y Target Est||28.79|
CenterPoint Energy (CNP) recently unveiled a capital expenditure plan for the 2018-2022 period, wherein the energy provider plans to invest $8.3 billion.
Houston, TX, Jan. 16, 2018--. Please use this updated link to add a link to CenterPoint Energy's Fourth Quarter and Full Year earnings conference call to your calendar:. Schedule this webcast into MS-Outlook ...
Houston, TX, Jan. 15, 2018--. Click the link "CenterPoint Energy, Inc. Fourth Quarter & Full Year 2017 Earnings Conference Call Webcast". Schedule this webcast into MS-Outlook calender:.
Zacks Industry Outlook Highlights: American Water Works, NextEra, York Water and CenterPoint
Houston-based CenterPoint Energy Inc. (CNP) laid out its five-year capital spending plan Jan. 5, increasing its expected spending for 2018 from the estimation it released early last year. CenterPoint plans to make capital investments of $1.66 billion in 2018, with spending at similar levels in each of the four following years, according to a filing with the U.S. Securities and Exchange Commission. Now, the company's estimates for 2018 through 2022 put its total capital investment over that period at $8.3 billion, up 18 percent from the 2017-through-2021 plan, according to the filing.
Recent adjustments made in CenterPoint Energy's (CNP) bottom line, including a re-measurement of deferred tax liabilities and a credit to income tax expenses, primarily led to the raised earnings projection.
HOUSTON, Jan. 5, 2018 /PRNewswire/ -- CenterPoint Energy, Inc. (CNP) today announced its capital spending plan for 2018-2022. For the five-year period, the company expects to make capital investments totaling $8.3 billion, representing an 18 percent increase over the company's 2017-2021 capital plan. Growth, reliability and grid hardening, as well as regulatory requirements are driving higher capital investment.
HOUSTON, Jan. 4, 2018 /PRNewswire/ -- CenterPoint Energy, Inc. (CNP) today announced expected earnings on a guidance basis for 2017 will incorporate a re-measurement of deferred tax liabilities and a credit to income tax expense. CenterPoint Energy's management will host an earnings call at 11:00 a.m. Eastern time on Thursday, Feb. 22, 2018, and will provide dial-in instructions at a later date. Guidance for 2017 considers utility operations performance to date and certain significant variables that may impact earnings, such as weather, regulatory and judicial proceedings, throughput, commodity prices, anticipated effective tax rates, and financing activities.
One of the largest regulated utilities, Xcel Energy has a mean price target of $50.2, which implies an estimated upside of more than 4% over the next year.
DALLAS , Jan. 3, 2018 /PRNewswire/ -- Alerian announced today the real-time launch of the Alerian Energy Infrastructure Capital Strength Select Index, a composite of North American midstream, refining, ...
HOUSTON , Jan. 3, 2018 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) has elected to make a Reference Share Offer Adjustment and distribute Additional Interest, if any, in accordance with the terms ...
Following the devastating 2017 hurricane season, several Houston companies continue to do their part for relief efforts. Most recently, local law firm Vinson & Elkins LLP announced Dec. 27 how it will distribute its Hurricane Harvey Relief Fund. V&E’s fund was established in August and is maintained by the Greater Houston Community Foundation.
HOUSTON, Dec. 26, 2017 /PRNewswire/ -- As part of a nationwide, coordinated power restoration plan involving several investor-owned electric companies, CenterPoint Energy, Inc.'s (CNP) electric utility is sending 68 employees in early January to accelerate the ongoing power restoration efforts in Puerto Rico. CenterPoint Energy's team will join the more than 1,500 additional restoration crew members from other utilities traveling to the island to support the Puerto Rico Electric Power Authority (PREPA) in the next phase of its restoration process.
CenterPoint Energy's (CNP) dividend hike of 4% is testament to its tradition of returning maximum value to shareholders, owing to stable cash flow position.
HOUSTON, Dec. 13, 2017 /PRNewswire/ -- CenterPoint Energy, Inc. (CNP) today announced that its Board of Directors declared a regular quarterly cash dividend of $0.2775 per share of common stock, payable on March 8, 2018, to shareholders of record at the close of business on February 15, 2018. This represents approximately a 4 percent increase from the previous quarterly dividend of $0.2675, and if annualized, would equate to $1.11 per share.
Hurricane Harvey took a toll on CenterPoint Energy's (CNP) third-quarter results. Any adverse decision from pending regulatory cases may also affect the stock.
As we near the end of 2017, it seems to be a good time for investors to review the prospects of utility stocks and accordingly reshuffle their portfolio.