Currently, there are 651.73M common shares owned by the public and among those 648.85M shares have been available to trade.
The company’s stock has a 5-day price change of -3.40% and 14.49% over the past three months. CNP shares are trading 12.04% year to date (YTD), with the 12-month market performance up to 26.74% higher. It has a 12-month low price of $25.41 and touched a high of $37.70 over the same period. CNP has an average intraday trading volume of 4.92 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -0.75%, 3.49%, and 15.13% respectively.
Institutional ownership of Centerpoint Energy Inc (NYSE: CNP) shares accounts for 97.63% of the company’s 651.73M shares outstanding.
It has a market capitalization of $23.17B and a beta (3y monthly) value of 0.60. The stock’s trailing 12-month PE ratio is 22.43, while the earnings-per-share (ttm) stands at $1.58. The company has a PEG of 2.88 and a Quick Ratio of 0.91 with the debt-to-equity ratio at 2.03. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.97% over the week and 2.02% over the month.
Earnings per share for the fiscal year are expected to increase by 7.92%, and 7.41% over the next financial year. EPS should grow at an annualized rate of 7.79% over the next five years, compared to 3.47% over the past 5-year period.
Looking at the support for the CNP, a number of firms have released research notes about the stock. Jefferies stated their Buy rating for the stock in a research note on April 02, 2025, with the firm’s price target at $42. Evercore ISI coverage for the Centerpoint Energy Inc (CNP) stock in a research note released on March 11, 2025 offered a Outperform rating with a price target of $37. Guggenheim was of a view on January 23, 2025 that the stock is Neutral, while Ladenburg Thalmann gave the stock Buy rating on December 12, 2024, issuing a price target of $34.50. UBS on their part issued Buy rating on December 03, 2024.
