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CenterPoint Energy (CNP)

(Delayed Data from NYSE)

$28.97 USD

28.97
3,697,359

+0.15 (0.52%)

Updated Jul 19, 2024 04:00 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value B Growth A Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 37% (92 out of 250)

Industry: Utility - Electric Power

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Zacks News

Incorporated in 2002, Houston, TX-based CenterPoint Energy Inc. is a domestic energy delivery company that provides electric transmission & distribution, natural gas distribution and competitive natural gas sales and services operations. The company maintains the wires, poles and electric infrastructure serving more than 2.5 million metered customers in the greater Houston area and in southwestern Indiana. CenterPoint Energy also owns and operates nearly 1,300 megawatts of electric generation capacity in Indiana. The company also owns a 54.1% limited partner interest in Enable Midstream Partners, a publicly traded master limited partnership it jointly controls with OGE Energy Corp.

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Are Utilities Stocks Lagging CenterPoint Energy (CNP) This Year?

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Here is how CenterPoint Energy (CNP) and FirstEnergy (FE) have performed compared to their sector so far this year.

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CenterPoint (CNP) makes a strong case for investment in the utility space with its robust ROE and ability to increase shareholder value through regular dividend payments.

CNP or PEG: Which Is the Better Value Stock Right Now?

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CNP vs. PEG: Which Stock Is the Better Value Option?

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AES Rides on Renewable Expansion, Declining Wholesale Prices Ail

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The Zacks Analyst Blog Highlights Alphabet, NVIDIA, Micron Technology, Vistra and CenterPoint Energy

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Alphabet, NVIDIA, Micron Technology, Vistra and CenterPoint Energy are part of the Zacks top Analyst Blog article.

CNP or PEG: Which Is the Better Value Stock Right Now?

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An expected lower interest rate scenario should bode well for Alphabet (GOOGL), NVIDIA (NVDA), Micron Technology (MU), Vistra (VST) and CenterPoint Energy (CNP), making them a compelling buy now.

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Reasons to Add Vistra (VST) to Your Portfolio Right Away

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4 Stocks to Watch From a Prospering Electric Power Industry

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Amid the ongoing transition in the utility space and rising demand for electricity, utilities like PCG, PEG, VST and CNP are set to benefit from a strong customer base. They have plans to upgrade infrastructure, add clean assets and provide reliable services.

Reasons to Add PG&E Corp. (PCG) to Your Portfolio Right Now

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PG&E Corp. (PCG) is a solid investment option right now, courtesy of systematic capital investments to deliver safe and reliable electric and natural gas services to customers.