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CenterPoint Energy (CNP)

(Delayed Data from NYSE)

$26.77 USD

26.77
5,105,463

-0.17 (-0.63%)

Updated Aug 23, 2024 04:00 PM ET

After-Market: $26.76 -0.01 (-0.04%) 7:58 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 Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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4-Sell of 5       4  

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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C Value D Growth A Momentum C 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 35% (88 out of 251)

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.

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

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?

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

Reasons to Add California Water (CWT) to Your Portfolio Now

California Water (CWT) makes a strong case for investment, given its growth prospects, strong ROE, debt management and ability to increase shareholder value.

Tirthankar Chakraborty headshot

Easing Inflation Paves Way for September Rate Cut: 5 Winners

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.

American Electric (AEP) Rides on Investments, Interest Rate Woes

American Electric (AEP) is expected to benefit from its systematic investment plan and renewable portfolio expansion amid the impacts of an increased interest rate environment.

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

Vistra (VST) continues to serve its customers efficiently and makes investments to strengthen its existing operations. It is increasing shareholders' value through buybacks and dividends.

Tanvi Sarawagi headshot

3 Utilities in Focus Before World Wind Day 2024

With the World Wind Day round the corner, let us focus on some of the companies that expand their operations through wind resources.

Sanghamitra Saha headshot

5 Sector ETFs & Stocks to Benefit From May Inflation Report

US annual inflation rate slowed to 3.3% in May 2024, the lowest in three months, compared to 3.4% in April and forecasts of 3.4%.

Consolidated Water (CWCO) Rides on Usage of Latest Technology

Consolidated Water (CWCO) uses the most advanced technology to serve customers more efficiently. It aims to expand operations through strategic alliances and acquisitions.

Jewel Saha headshot

4 Stocks to Watch From a Prospering Electric Power Industry

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

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.

Reasons to Add CenterPoint (CNP) to Your Portfolio Right Now

CenterPoint (CNP) makes a strong case for investment, given well-chalked out investment plan, regular dividend payment and rising earnings estimates.

NiSource (NI) Down 1.3% Since Last Earnings Report: Can It Rebound?

NiSource (NI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

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Utilities Sector Surprisingly Flourishes in 2024: 5 Top Picks

We have narrowed our search to five utility stocks that are regular dividend payers. These stocks are: ATO, CNP, VST, DTE, EVRG.

Reasons to Add Public Service Enterprise (PEG) to Your Portfolio

Public Service Enterprise (PEG) 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 vs. SO: Which Stock Is the Better Value Option?

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

CenterPoint (CNP) Up 0.2% Since Last Earnings Report: Can It Continue?

CenterPoint (CNP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

OGE Energy (OGE) Q1 Earnings Lag Estimates, Revenues Rise Y/Y

OGE Energy's (OGE) first-quarter earnings and revenues miss the Zacks Consensus Estimate. The company keeps its 2024 EPS outlook unchanged.

Ameren (AEE) Q1 Earnings Miss Estimates, Revenues Down Y/Y

Ameren's (AEE) first-quarter earnings and revenues lag estimates. The company's 2024 EPS outlook remains unchanged.

Consolidated Edison (ED) Q1 Earnings Top, Revenues Down Y/Y

Consolidated Edison's (ED) first-quarter earnings beat estimates and rise year over year by 17.5%. The company's 2024 EPS outlook remains unchanged.

Edison International (EIX) Q1 Earnings Top, Revenues Rise Y/Y

Edison International's (EIX) first-quarter earnings beat estimates and rise year over year by 3.7%. The company's 2024 EPS outlook remains unchanged.

CenterPoint Energy's (CNP) Q1 Earnings Top, Revenues Down Y/Y

CenterPoint Energy's (CNP) first-quarter earnings top estimates and rise year over year by 10%. The company's 2024 EPS outlook remains unchanged.

Compared to Estimates, CenterPoint (CNP) Q1 Earnings: A Look at Key Metrics

Although the revenue and EPS for CenterPoint (CNP) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

CenterPoint Energy (CNP) Tops Q1 Earnings Estimates

CenterPoint (CNP) delivered earnings and revenue surprises of 7.84% and 6.98%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

PPL to Release Q1 Earnings: Here's What You Need to Know

PPL's first-quarter 2024 results are likely to benefit from ongoing savings in operation and maintenance costs. However, winter storms might have lowered its revenues.