CenterPoint Energy
About: CenterPoint Energy owns a portfolio of businesses. Its regulated electric utilities provide transmission and distribution services to more than 2.5 million customers in the Houston area, southern Indiana, and west central Ohio. The company has natural gas distribution systems serving approximately 4 million customers.
Employees: 8,872
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
252% more call options, than puts
Call options by funds: $55.1M | Put options by funds: $15.7M
44% more first-time investments, than exits
New positions opened: 95 | Existing positions closed: 66
36% more repeat investments, than reductions
Existing positions increased: 240 | Existing positions reduced: 177
13% more capital invested
Capital invested by funds: $17.7B [Q3] → $20B (+$2.28B) [Q4]
2% more funds holding
Funds holding: 611 [Q3] → 621 (+10) [Q4]
1.33% more ownership
Funds ownership: 95.41% [Q3] → 96.74% (+1.33%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q3] → 3 (+0) [Q4]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$30
13%
downside
Avg. target
$34
2%
downside
High target
$37
8%
upside
5 analyst ratings
3 positive
60%
1 neutral
20%
1 negative
20%
Barclays Nicholas Campanella 64% 1-year accuracy 50 / 78 met price target | 13%downside $30 | Underweight Maintained | 27 Jan 2025 |
Ladenburg Thalmann Paul Fremont 63% 1-year accuracy 10 / 16 met price target | 1%upside $35 | Buy Initiated | 12 Dec 2024 |
Scotiabank Andrew Weisel 75% 1-year accuracy 21 / 28 met price target | 2%upside $35 | Sector Outperform Upgraded | 12 Dec 2024 |
UBS William Appicelli 82% 1-year accuracy 9 / 11 met price target | 8%upside $37 | Buy Upgraded | 3 Dec 2024 |
Morgan Stanley David Arcaro 72% 1-year accuracy 31 / 43 met price target | 10%downside $31 | Equal-Weight Maintained | 22 Nov 2024 |
Financial journalist opinion
Based on 15 articles about CNP published over the past 30 days
Positive
Zacks Investment Research
19 hours ago
Why CenterPoint Energy (CNP) is a Top Dividend Stock for Your Portfolio
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does CenterPoint Energy (CNP) have what it takes?
Positive
Seeking Alpha
1 day ago
CenterPoint Energy: Solid Q4 But Equity Needs Likely Limit Upside
CenterPoint Energy stock has risen 21% over the past year, driven by strong fundamentals and favorable weather, despite recent modest declines. CenterPoint's updated capital plan includes a $500 million increase to $47.5 billion, focusing on resilience spending to mitigate vulnerabilities. Equity issuance needs and higher expenses from regulatory settlements and vegetation management are expected to limit earnings growth to 6-7% post-2025.
Positive
Zacks Investment Research
1 day ago
CenterPoint Energy Q4 Earnings In Line With Estimates, Revenues Rise Y/Y
CNP's Q4 revenues of $2.26 billion miss the Zacks Consensus Estimate by 0.9%. The top line, however, improves 3.7% from the year-ago reported figure.
Neutral
Seeking Alpha
1 day ago
CenterPoint Energy, Inc. (CNP) Q4 2024 Earnings Call Transcript
CenterPoint Energy, Inc. (CNP) Q4 2024 Earnings Call Transcript
Neutral
Zacks Investment Research
1 day ago
CenterPoint (CNP) Reports Q4 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for CenterPoint (CNP) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Positive
Zacks Investment Research
1 day ago
CenterPoint Energy (CNP) Matches Q4 Earnings Estimates
CenterPoint Energy (CNP) came out with quarterly earnings of $0.40 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.32 per share a year ago.
Neutral
Business Wire
2 days ago
CenterPoint Energy reports Q4 and FY 2024 results; forecasts nearly 50% electric load growth demand at Houston Electric by 2031; increases capital investment plan; reiterates 2025 full year guidance
HOUSTON--(BUSINESS WIRE)--CenterPoint Energy, Inc. (NYSE: CNP) or “CenterPoint” today reported income available to common shareholders of $248 million, or $0.38 per diluted share on a GAAP basis for the fourth quarter of 2024, compared to $0.30 per diluted share in the comparable period of 2023. Non-GAAP EPS for the fourth quarter 2024 was $0.40 per diluted share, a 25% increase to the comparable quarter of 2023. These strong fourth quarter results were primarily driven by growth and regulatory.
Neutral
PRNewsWire
3 days ago
As freezing polar temperatures return to Texas, CenterPoint Energy deploys its cold weather readiness plan
ERCOT Weather Watch issued for February 19-21 due to forecasted extreme cold weather across its region, meaning higher electrical demand and the potential for lower reserves CenterPoint continues to monitor forecasts and perform readiness checks for its electric and natural gas systems ahead of potential freezing temperatures impacting the company's Texas service territory Company urges customers to have a plan and make winter weather preparations to stay safe and warm HOUSTON , Feb. 18, 2025 /PRNewswire/ -- With extreme cold temperatures forecasted to again impact CenterPoint Energy's service territory in Texas this week, the company's Emergency Response and Preparedness and Meteorology teams are actively monitoring weather models and preparing to support safe and reliable energy delivery through cold conditions. Both electric and natural gas teams across CenterPoint's Texas footprint are engaged in coordinated efforts to maintain readiness and prepare to address potential service impacts.
Neutral
Zacks Investment Research
1 week ago
Gear Up for CenterPoint (CNP) Q4 Earnings: Wall Street Estimates for Key Metrics
Evaluate the expected performance of CenterPoint (CNP) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Positive
Zacks Investment Research
1 week ago
CenterPoint Energy (CNP) Reports Next Week: Wall Street Expects Earnings Growth
CenterPoint (CNP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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