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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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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

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.

Key Predictions for Q3 Earnings Reports of DUK, AEE, CNP, PNW

Duke Energy, Ameren, CenterPoint and Pinnacle West are scheduled to report third quarter earnings on Nov 3.

    What's in Store for CenterPoint Energy (CNP) in Q3 Earnings?

    CenterPoint Energy's (CNP) third-quarter 2017 results are expected to be impacted by effects of Harvey.

      Dynegy Divests Lee Facility for $180 Million to Lower Debts

      Dynegy Inc. (DYN) lowers debt level by another $180 million stemming from the sale of its Lee Facility in Illinois.

        CMS Energy's Unit to Invest $250M in Michigan's Businesses

        CMS Energy's (CMS) subsidiary aims to invest $250 million toward PMBC to boost small businesses in Michigan, which in turn will bolster the company's customer base.

          DTE Energy (DTE) Brings Lapeer Solar Park Online in Michigan

          DTE Energy (DTE) brings Lapper solar project online. The company is attempting to turn itself into a full-fledged renewable energy provider.

            AES Corp Expects Lower Earnings Due to Hurricane Impact

            The AES Corporation (AES) announces financial & operational update after hurricanes Irma & Maria impacted the company's operations.

              CMS Energy's (CMS) Subsidiary Buys 24 MW Delta Solar Project

              CMS Energy's (CMS) subsidiary, CMS Enterprises, is set to buy Delta Solar, a 24-MW solar power project.

                Alliant Energy (LNT) Set to Build 300MW Wind Farm in Iowa

                Alliant Energy's (LNT) Iowa Utility to collaborate with Apex Clean Energy for strengthening service reliability and fostering economic development.

                  Southern Company's Vogtle Project Gets $3.7 B Loan Guarantee

                  DOE offers additional loan guarantee of $3.7 billion for Southern Company's (SO) Vogtle Project supporting the company's commitment to the nuclear power plant.

                    Should You Hold Eversource (ES) Stock in Your Portfolio Now?

                    Eversource Energy (ES) can be a premier candidate for your portfolio thanks to its regulated investment and cost management.

                      SCANA (SCG) Receives Subpoena for Nuclear Project Documents

                      SCANA (SCG) has been served with a subpoena for investigation of documents relating to the company's new nuclear project at V.C. Summer Nuclear Station.

                        IDACORP Boosts Shareholders' Return, Hikes Dividend by 7.3%

                        IDACORP (IDA) hikes quarterly common stock dividend by 7.3% or 55 cents per share, taking annual cash dividend to $2.36 per share.

                          Alliant Energy (LNT) Moves Forward With Rate Settlement

                          Alliant Energy's (LNT) Iowa energy utility has partially settled on an agreement on rate review to enhance service reliability and recoup expenses.

                            Hawaiian Electric's Unit to Acquire 60MW Plant in Hawaii

                            Hawaiian Electric's (HE) focus to develop 100% renewable generation portfolio and investment to strengthen its transmission and distribution assets will further boost its operation.

                              Should You Add NiSource (NI) to Your Portfolio Now?

                              NiSource (NI) is well poised to gain from strategic investment plans aimed to strengthen its existing regulated operation.

                                New Jersey Resources Cheers Investors, Ups Dividend by 6.9%

                                New Jersey Resources (NJR) shares more with investors by hiking the quarterly dividend rate by 6.9% to 27.25 cents.

                                  Should You Add Pinnacle West (PNW) to Your Portfolio Now?

                                  Adding Pinnacle West Capital (PNW) to your portfolio is likely to be a smart choice given its higher return than the industry in the last 12 months and upward revisions in earnings estimates.

                                    ALLETE's Unit Buys Tonka Water, Expects Strategic Benefits

                                    ALLETE Inc.'s (ALE) unit U.S. Water Service further expanded its water operation through acquisition of Tonka Water.

                                      Zacks Industry Outlook Highlights: American Electric Power, CenterPoint Energy, Entergy and Global Water Resources

                                      Zacks Industry Outlook Highlights: American Electric Power, CenterPoint Energy, Entergy and Global Water Resources

                                        Zacks Industry Outlook Highlights: American Electric Power, CenterPoint Energy, Duke Energy, Ameren and PPL

                                        Zacks Industry Outlook Highlights: American Electric Power, CenterPoint Energy, Duke Energy, Ameren and PPL

                                          Is it the Right Time to Invest in AES Corp's (AES) Stock?

                                          AES Corp. (AES) aims to invest $400 million for overhead reductions, procurement efficiencies and operational improvements.

                                            Mark Vickery headshot

                                            Rising Interest Rates Make Life Tough for Utilities

                                            The Fed might hike interest rates again in December, if economic conditions remain conducive.

                                              Utility Industry Outlook - September 2017

                                              The rise in interest costs will no doubt increase cost of capital for utilities and might limit their ability to pay dividend and buy back shares.

                                                Hurricane Harvey Wreaks Havoc: 3 Utilities in Focus

                                                In the aftermath of Hurricane Harvey, Utility sector suffered since catastrophic flooding affected transmission lines in many regions of Texas, forcing thousands to deal with power cuts.

                                                  CenterPoint Energy (CNP) Up 4.1% Since Earnings Report: Can It Continue?

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