Finder makes money from featured partners, but editorial opinions are our own. Advertiser disclosure

How to buy CenterPoint Energy stock (CNP)

Buy CenterPoint Energy stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

CenterPoint Energy is an utilities - regulated electric business based in the US. CenterPoint Energy shares (CNP) are listed on the NYSE and all prices are listed in US Dollars. CenterPoint Energy employs 8,827 staff and has a trailing 12-month revenue of around $8.5 billion.

Our top picks for where to buy CenterPoint Energy stock

Top pick for advanced traders

Go to site
Get up to $5,000 cash
  • Trade options, futures, options on futures, stocks, ETFs
  • $0 commission to close options
  • Pro-grade platform and risk analysis tools

Best for beginners

Go to site
Get up to $10,000 cash
  • Trade stocks, options, ETFs, mutual funds, alternative asset funds
  • $0 commission on stocks, ETFs and options, with no options contract fees
  • No-cost financial planning and automated investing

Our pick for cash sweep

Go to site
Advanced charts and trading tools
  • Trade stocks, ETFs and equity options without commission and $0 option contract fees
  • Earn up to 8.1% APY on your uninvested cash
  • Get a 1.5% match in cash on transferred assets up to $300 or up to 15 free fractional shares worth between $2 and $2,000

How to buy CenterPoint Energy stock

  1. Choose a stock trading platform. Use our comparison table
  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. Deposit funds into your account by linking your banking information or transfer funds from another trading account.
  4. Search for the stock name – CNP. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

Buy CenterPoint Energy stock from these online trading platforms

Compare special offers, low fees and a wide range of investment options among top trading platforms.
1 - 4 of 4
Name Product Ratings Available asset types Stock trade fee Minimum deposit Cash sweep APY Signup bonus
Tastytrade
Finder Score: 4.4 / 5: ★★★★★
Tastytrade
★★★★★
Stocks, Options, ETFs, Cryptocurrency, Futures, Treasury Bills
$0
$0
N/A
Get $50-$5,000
Competitive, capped options commissions, with a reliable trading platform designed for serious traders.
SoFi Invest®
Finder Score: 4.2 / 5: ★★★★★
SoFi Invest®
★★★★★
Stocks, Options, Mutual funds, ETFs, Alternatives
$0
$0
0.02%
Get up to $10,000 cash
Commission-free stocks, ETFs and options, with no options per-contract fees. Plus, a no-cost robo-advisor and complimentary access to certified financial planners (CFPs).
Moomoo
Finder Score: 4.3 / 5: ★★★★★
Exclusive
Moomoo
★★★★★
Stocks, Options, ETFs
$0
$0
Up to 8.10%
Choose a 1.5% match or up to 15 free fractional shares
No commission stock, ETF and options trades, with $0 equity options contract fees, low margin rates and advanced trading tools.
Public.com
Finder Score: 4.2 / 5: ★★★★★
Public.com
★★★★★
Stocks, Bonds, Options, ETFs, Cryptocurrency, Alternatives, Treasury Bills, High-yield cash account
$0
$0
5.1%
Get up to $10,000 and transfer fees covered
Build a diversified portfolio of stocks, bonds, options, ETFs, crypto and alternative assets, with a high-yield cash account and options contract rebates.
loading

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

CenterPoint Energy stock price (NYSE: CNP)

Use our graph to track the performance of CNP stocks over time.

CenterPoint Energy shares at a glance

Information last updated 2024-07-11.
Latest market close$30.30
52-week range$24.88 - $31.57
50-day moving average $30.16
200-day moving average $28.49
Wall St. target price$31.01
PE ratio 20.9014
Dividend yield $0.78 (2.7%)
Earnings per share (TTM) $1.42

Is it a good time to buy CenterPoint Energy stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

CenterPoint Energy price performance over time

Historical closes compared with the close of $30.3 from 2024-07-12

1 week (2024-07-05) -0.62%
1 month (2024-06-13) -1.94%
3 months (2024-04-12) 10.34%
6 months (2024-01-12) 6.06%
1 year (2023-07-13) -0.43%
2 years (2022-07-09) N/A
3 years (2021-07-13) 23.51%
5 years (2019-07-12) 12.42%

Is CenterPoint Energy stock undervalued or overvalued?

Valuing CenterPoint Energy stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of CenterPoint Energy's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

CenterPoint Energy's P/E ratio

CenterPoint Energy's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 21x. In other words, CenterPoint Energy shares trade at around 21x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

CenterPoint Energy's PEG ratio

CenterPoint Energy's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.0933. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into CenterPoint Energy's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

CenterPoint Energy's EBITDA

CenterPoint Energy's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $3.1 billion.

The EBITDA is a measure of a CenterPoint Energy's overall financial performance and is widely used to measure a its profitability.

CenterPoint Energy financials

Revenue TTM $8.5 billion
Operating margin TTM 23.4%
Gross profit TTM $3.6 billion
Return on assets TTM 2.9%
Return on equity TTM 9.26%
Profit margin 11.03%
Book value $15.79
Market Capitalization $19 billion

TTM: trailing 12 months

CenterPoint Energy share dividends

51%

Dividend payout ratio: 50.97% of net profits

Recently CenterPoint Energy has paid out, on average, around 50.97% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.7% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), CenterPoint Energy shareholders could enjoy a 2.7% return on their shares, in the form of dividend payments. In CenterPoint Energy's case, that would currently equate to about $0.78 per share.

CenterPoint Energy's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

CenterPoint Energy's most recent dividend payout was on 12 June 2024. The latest dividend was paid out to all shareholders who bought their shares by 14 May 2024 (the "ex-dividend date").

Have CenterPoint Energy's shares ever split?

CenterPoint Energy's shares were split on a 1000:843 basis on 30 September 2002. So if you had owned 843 shares the day before before the split, the next day you'd have owned 1000 shares. This wouldn't directly have changed the overall worth of your CenterPoint Energy shares – just the quantity. However, indirectly, the new 15.7% lower share price could have impacted the market appetite for CenterPoint Energy shares which in turn could have impacted CenterPoint Energy's share price.

CenterPoint Energy share price volatility

Over the last 12 months, CenterPoint Energy's shares have ranged in value from as little as $24.8835 up to $31.565. A popular way to gauge a stock's volatility is its "beta".

CNP.US volatility(beta: 0.92)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while CenterPoint Energy's is 0.922. This would suggest that CenterPoint Energy's shares are less volatile than average (for this exchange).

CenterPoint Energy overview

CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company operates through two segments, Electric and Natural Gas. The Electric segment includes electric transmission and distribution services to electric customers and electric generation assets, as well as optimizes assets in the wholesale power market. The Natural Gas segment engages in the intrastate natural gas sales, and natural gas transportation and distribution for residential, commercial, industrial and institutional customers in Indiana, Louisiana, Minnesota, Mississippi, Ohio, and Texas; permanent pipeline connections through interconnects with various interstate and intrastate pipeline companies; and provides maintenance and repair services of home appliances to customers in Minnesota and home repair protection plans to natural gas customers in Indiana, Mississippi, Ohio, and Texas through a third party. It serves approximately 2,534,730 metered customers; owned 348 substations with transformer capacity of 79,719 megavolt amperes; and owned and operated 217 miles of intrastate pipeline in Louisiana and Texas. The company was founded in 1866 and is headquartered in Houston, Texas.

Frequently asked questions

What percentage of CenterPoint Energy is owned by insiders or institutions?
Currently 0.335% of CenterPoint Energy shares are held by insiders and 97.407% by institutions.
How many people work for CenterPoint Energy?
Latest data suggests 8,827 work at CenterPoint Energy.
When does the fiscal year end for CenterPoint Energy?
CenterPoint Energy's fiscal year ends in December.
Where is CenterPoint Energy based?
CenterPoint Energy's address is: 1111 Louisiana Street, Houston, TX, United States, 77002
What is CenterPoint Energy's ISIN number?
CenterPoint Energy's international securities identification number is: US15189T1079
What is CenterPoint Energy's CUSIP number?
CenterPoint Energy's Committee on Uniform Securities Identification Procedures number is: 442161105

More guides on Finder

Ask a Question

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site