CenterPoint Energy, Inc (CNP) is a leading utilities-regulated gas business based in the US. It opened the day at $21.71 after a previous close of $21.8. During the day the price has varied from a low of $21.6 to a high of $21.975. The latest price was $21.75 (25 minute delay). CenterPoint Energy is listed on the NYSE and employs 14,262 staff. All prices are listed in US Dollars.
Since the stock market crash in March caused by coronavirus, CenterPoint Energy's share price has had significant negative movement.
Its last market close was $20.8, which is 17.69% down on its pre-crash value of $25.27 and 79.62% up on the lowest point reached during the March crash when the shares fell as low as $11.58.
If you had bought $1,000 worth of CenterPoint Energy shares at the start of February 2020, those shares would have been worth $459.44 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $789.78.
|52-week range||$11.3251 - $26.6356|
|50-day moving average||$22.9629|
|200-day moving average||$20.5748|
|Wall St. target price||$24.56|
|Dividend yield||$0.64 (2.97%)|
|Earnings per share (TTM)||$1.261|
All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.
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.
|1 week (2021-01-11)||4.62%|
|1 month (2020-12-18)||-0.55%|
|3 months (2020-10-16)||4.32%|
|6 months (2020-07-17)||9.52%|
|1 year (2020-01-17)||-19.59%|
|2 years (2019-01-18)||-26.12%|
|3 years (2018-01-18)||-21.85%|
|5 years (2016-01-15)||25.72%|
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 current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, CenterPoint Energy shares trade at around 13x 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.
However, CenterPoint Energy's P/E ratio is best considered in relation to those of others within the utilities-regulated gas industry or those of similar companies.
CenterPoint Energy's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 13.413. 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.
However, it's sensible to consider CenterPoint Energy's PEG ratio in relation to those of similar companies.
CenterPoint Energy's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping $2.8 billion (£2.1 billion).
The EBITDA is a measure of a CenterPoint Energy's overall financial performance and is widely used to measure a its profitability.
To put CenterPoint Energy's EBITDA into context you can compare it against that of similar companies.
|Revenue TTM||$12.1 billion|
|Operating margin TTM||13.02%|
|Gross profit TTM||$3.3 billion|
|Return on assets TTM||2.93%|
|Return on equity TTM||-6.51%|
|Market capitalisation||$11.8 billion|
TTM: trailing 12 months
There are currently 16.0 million CenterPoint Energy shares held short by investors – that's known as CenterPoint Energy's "short interest". This figure is 13.2% down from 18.4 million last month.
There are a few different ways that this level of interest in shorting CenterPoint Energy shares can be evaluated.
CenterPoint Energy's "short interest ratio" (SIR) is the quantity of CenterPoint Energy shares currently shorted divided by the average quantity of CenterPoint Energy shares traded daily (recently around 6.3 million). CenterPoint Energy's SIR currently stands at 2.54. In other words for every 100,000 CenterPoint Energy shares traded daily on the market, roughly 2540 shares are currently held short.
To gain some more context, you can compare CenterPoint Energy's short interest ratio against those of similar companies.
However CenterPoint Energy's short interest can also be evaluated against the total number of CenterPoint Energy shares, or, against the total number of tradable CenterPoint Energy shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case CenterPoint Energy's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 CenterPoint Energy shares in existence, roughly 30 shares are currently held short) or 0.033% of the tradable shares (for every 100,000 tradable CenterPoint Energy shares, roughly 33 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against CenterPoint Energy.
Find out more about how you can short CenterPoint Energy stock.
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like CenterPoint Energy.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 29.93
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and CenterPoint Energy's overall score of 29.93 (as at 01/01/2019) is pretty weak – landing it in it in the 60th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like CenterPoint Energy is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
To gain some more context, you can compare CenterPoint Energy's total ESG risk score against those of similar companies.
Environmental score: 9.4/100
Social score: 7.48/100
Governance score: 3.06/100
Controversy score: 2/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. A high-profile company, CenterPoint Energy scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that CenterPoint Energy has, for the most part, managed to keep its nose clean.
Wondering how that compares? Below are the controversy scores of similar companies.
|Total ESG score||29.93|
|Total ESG percentile||60.06|
|Level of controversy||2|
Dividend payout ratio: 44.85% of net profits
Recently CenterPoint Energy has paid out, on average, around 44.85% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.97% 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 2.97% return on their shares, in the form of dividend payments. In CenterPoint Energy's case, that would currently equate to about $0.64 per share.
While CenterPoint Energy's payout ratio might seem fairly standard, it's worth remembering that CenterPoint Energy may be investing much of the rest of its net profits in future growth.
CenterPoint Energy's most recent dividend payout was on 11 March 2021. The latest dividend was paid out to all shareholders who bought their shares by 17 February 2021 (the "ex-dividend date").
CenterPoint Energy's dividend payout ratio is perhaps best considered in relation to those of similar companies.
CenterPoint Energy's shares were split on a 1000:843 basis on 1 October 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.
Over the last 12 months, CenterPoint Energy's shares have ranged in value from as little as $11.3251 up to $26.6356. A popular way to gauge a stock's volatility is its "beta".
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 0.948. This would suggest that CenterPoint Energy's shares are less volatile than average (for this exchange).
To put CenterPoint Energy's beta into context you can compare it against those of similar companies.
CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company's Houston Electric T&D segment electric transmission and distribution services to electric utility. It owns 236 substation sites with a total installed rated transformer capacity of 68,053 megavolt amperes. Its Indiana Electric Integrated segment provides energy delivery services to electric customers and electric generation assets to electric customers and wholesale markets. The company's Natural Gas Distribution segment sells regulated intrastate natural gas; provides natural gas transportation and storage services for residential, commercial, industrial, and transportation customers; and offers unregulated services comprising home appliance maintenance and repair services. This segment owns approximately 98,000 linear miles of natural gas distribution mains. Its Energy Services segment provides physical natural gas supplies primarily to commercial and industrial customers, and electric and natural gas utilities; natural gas management services; and physical delivery services, as well as procures and optimizes transportation and storage assets. It owns and operates 210 miles of intrastate pipeline in Louisiana and Texas; and leases transportation capacity on various interstate and intrastate pipelines, and storage. The company's Infrastructure Services segment offers underground pipeline construction and repair services. Its Midstream Investment segment offers natural gas and crude oil gathering, and natural gas processing services to its producer customers; and interstate and intrastate natural gas pipeline transportation and storage services to its producer, power plant, local distribution company, and industrial end-user customers. As of March 2, 2020, it served approximately 7 million electric and natural gas metered customers. CenterPoint Energy, Inc. was founded in 1866 and is headquartered in Houston, Texas.
Learn more about Lemonade’s recent performance and where you can invest in Lemonade shares. We also run through some helpful rules of thumb for any investor.
Learn more about Unity Software’s recent performance and where you can invest in Unity Software shares. We also run through some helpful rules of thumb for any investor
Learn more about FuelCell Energy’s recent performance and where you can invest in FuelCell Energy shares. We also run through some helpful rules of thumb for any investor.
Learn more about CloudCommerce’s recent performance and where you can invest in CloudCommerce shares. We also run through some helpful rules of thumb for any investor
Ever wondered how to buy shares in Zomedica Pharmaceuticals? We explain how and compare a range of providers that can give you access to many brands, including Zomedica Pharmaceuticals.
Ever wondered how to buy shares in YRC Worldwide? We explain how and compare a range of providers that can give you access to many brands, including YRC Worldwide.
Ever wondered how to buy shares in Xeros Technology Group? We explain how and compare a range of providers that can give you access to many brands, including Xeros Technology Group.
Ever wondered how to buy shares in Xpediator? We explain how and compare a range of providers that can give you access to many brands, including Xpediator.
Ever wondered how to buy shares in Van Elle Holdings? We explain how and compare a range of providers that can give you access to many brands, including Van Elle Holdings.
Ever wondered how to buy shares in ULS Technology? We explain how and compare a range of providers that can give you access to many brands, including ULS Technology.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.