Investors Should Take Note Of Centerpoint Energy Inc (CNP)

Centerpoint Energy Inc (CNP) concluded trading on Wednesday at a closing price of $38.78, with 6.38 million shares of worth about $247.6 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 32.31% during that period and on April 30, 2025 the price saw a gain of about 1.41%. Currently the company’s common shares owned by public are about 652.73M shares, out of which, 649.85M shares are available for trading.

Stock saw a price change of 3.86% in past 5 days and over the past one month there was a price change of 7.04%. Year-to-date (YTD), CNP shares are showing a performance of 22.22% which increased to 34.42% 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 $38.42 during that period. The average intraday trading volume for Centerpoint Energy Inc shares is 5.49 million. The stock is currently trading 4.64% above its 20-day simple moving average (SMA20), while that difference is up 8.47% for SMA50 and it goes to 23.52% higher than SMA200.

Centerpoint Energy Inc (NYSE: CNP) currently have 652.73M outstanding shares and institutions hold larger chunk of about 97.67% of that.

The stock has a current market capitalization of $25.31B and its 3Y-monthly beta is at 0.61. PE ratio of stock for trailing 12 months is 26.07, while it has posted earnings per share of $1.49 in the same period. Its PEG reads 3.26 and has Quick Ratio of 0.79 while making debt-to-equity ratio of 2.09. 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 2.02% while standing at 2.50% over the month.

Stock’s fiscal year EPS is expected to rise by 7.90% while it is estimated to increase by 7.63% in next year. EPS is likely to grow at an annualized rate of 8.00% for next 5-years, compared to annual growth of 3.47% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Barclays on April 22, 2025 offering an Equal weight rating for the stock and assigned a target price of $37 to it. Coverage by Jefferies stated Centerpoint Energy Inc (CNP) stock as a Buy in their note to investors on April 02, 2025, suggesting a price target of $42 for the stock. Stock get a Buy rating from Ladenburg Thalmann on December 12, 2024.

Most Popular

Related Posts