Centerpoint Energy Inc (NYSE: CNP) Stock In Prove Me State

Centerpoint Energy Inc (CNP) concluded trading on Wednesday at a closing price of $32.30, with 3.58 million shares of worth about $115.53 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 10.65% during that period and on January 29, 2025 the price saw a loss of about -0.03%. Currently the company’s common shares owned by public are about 651.72M shares, out of which, 649.07M shares are available for trading.

Stock saw a price change of -0.43% in past 5 days and over the past one month there was a price change of -0.22%. Year-to-date (YTD), CNP shares are showing a performance of 1.80% which increased to 17.16% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $25.41 but also hit the highest price of $33.12 during that period. The average intraday trading volume for Centerpoint Energy Inc shares is 4.61 million. The stock is currently trading 1.02% above its 20-day simple moving average (SMA20), while that difference is up 1.25% for SMA50 and it goes to 8.66% higher than SMA200.

Centerpoint Energy Inc (NYSE: CNP) currently have 651.72M outstanding shares and institutions hold larger chunk of about 93.24% of that.

The stock has a current market capitalization of $21.05B and its 3Y-monthly beta is at 0.95. PE ratio of stock for trailing 12 months is 21.40, while it has posted earnings per share of $1.51 in the same period. Its PEG reads 2.82 and has Quick Ratio of 0.92 while making debt-to-equity ratio of 1.94. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CNP, volatility over the week remained 2.05% while standing at 2.07% over the month.

Stock’s fiscal year EPS is expected to rise by 7.99% while it is estimated to increase by 7.77% in next year. EPS is likely to shrink at an annualized rate of 7.59% for next 5-years, compared to annual growth of 13.22% made by the stock over the past 5-years.

Coverage by Ladenburg Thalmann stated Centerpoint Energy Inc (CNP) stock as a Buy in their note to investors on December 12, 2024, suggesting a price target of $34.50 for the stock. On December 03, 2024, UBS Upgrade their recommendations, while on September 12, 2024, BofA Securities Resumed their ratings for the stock with a price target of $29. Stock get an Equal weight rating from Wells Fargo on August 13, 2024.

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