Centerpoint Energy Stock Filter Stocks by Fundamentals
| CNP Stock | USD 27.95 0.25 0.90% |
CenterPoint Energy fundamentals help investors to digest information that contributes to CenterPoint Energy's financial success or failures. It also enables traders to predict the movement of CenterPoint Stock. The fundamental analysis module provides a way to measure CenterPoint Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to CenterPoint Energy stock.
CenterPoint | Shares Owned by Institutions |
CenterPoint Energy ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, CenterPoint Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to CenterPoint Energy's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
CenterPoint Energy Institutional Holders
Institutional Holdings refers to the ownership stake in CenterPoint Energy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of CenterPoint Energy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing CenterPoint Energy's value.| Shares | Pictet Asset Manangement Sa | 2023-12-31 | 9.4 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 8.5 M | Amvescap Plc. | 2023-12-31 | 8.2 M | Cohen & Steers Inc | 2023-12-31 | 8 M | Jennison Associates Llc | 2023-12-31 | 8 M | Legal & General Group Plc | 2023-12-31 | 8 M | T. Rowe Price Associates, Inc. | 2023-12-31 | 7.6 M | Franklin Resources Inc | 2023-12-31 | 6.2 M | Northern Trust Corp | 2023-12-31 | 6 M | Capital Research & Mgmt Co - Division 3 | 2023-12-31 | 82.9 M | Vanguard Group Inc | 2023-12-31 | 76.4 M |
CenterPoint Fundamentals
| Return On Equity | 0.0931 | ||||
| Return On Asset | 0.0277 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.14 % | ||||
| Current Valuation | 35.27 B | ||||
| Shares Outstanding | 633.1 M | ||||
| Shares Owned By Insiders | 0.33 % | ||||
| Shares Owned By Institutions | 93.18 % | ||||
| Number Of Shares Shorted | 11.72 M | ||||
| Price To Earning | 21.71 X | ||||
| Price To Book | 1.80 X | ||||
| Price To Sales | 2.00 X | ||||
| Revenue | 8.7 B | ||||
| Gross Profit | 3.57 B | ||||
| EBITDA | 3.2 B | ||||
| Net Income | 917 M | ||||
| Cash And Equivalents | 74 M | ||||
| Cash Per Share | 0.95 X | ||||
| Total Debt | 18.62 B | ||||
| Debt To Equity | 1.56 % | ||||
| Current Ratio | 0.88 X | ||||
| Book Value Per Share | 15.31 X | ||||
| Cash Flow From Operations | 3.88 B | ||||
| Short Ratio | 2.64 X | ||||
| Earnings Per Share | 1.36 X | ||||
| Price To Earnings To Growth | 2.09 X | ||||
| Target Price | 30.61 | ||||
| Number Of Employees | 8.83 K | ||||
| Beta | 0.93 | ||||
| Market Capitalization | 17.35 B | ||||
| Total Asset | 39.72 B | ||||
| Retained Earnings | 1.09 B | ||||
| Working Capital | (837 M) | ||||
| Current Asset | 2.36 B | ||||
| Current Liabilities | 2.54 B | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 3.60 % | ||||
| Net Asset | 39.72 B | ||||
| Last Dividend Paid | 0.77 |
About CenterPoint Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CenterPoint Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CenterPoint Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CenterPoint Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with CenterPoint Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CenterPoint Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CenterPoint Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with CenterPoint Stock
| 0.71 | ED | Consolidated Edison Buyout Trend | PairCorr |
| 0.63 | ES | Eversource Energy Financial Report 1st of May 2024 | PairCorr |
The ability to find closely correlated positions to CenterPoint Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CenterPoint Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CenterPoint Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CenterPoint Energy to buy it.
The correlation of CenterPoint Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CenterPoint Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CenterPoint Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CenterPoint Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out CenterPoint Energy Piotroski F Score and CenterPoint Energy Altman Z Score analysis. To learn how to invest in CenterPoint Stock, please use our How to Invest in CenterPoint Energy guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for CenterPoint Stock analysis
When running CenterPoint Energy's price analysis, check to measure CenterPoint Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CenterPoint Energy is operating at the current time. Most of CenterPoint Energy's value examination focuses on studying past and present price action to predict the probability of CenterPoint Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CenterPoint Energy's price. Additionally, you may evaluate how the addition of CenterPoint Energy to your portfolios can decrease your overall portfolio volatility.
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Is CenterPoint Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CenterPoint Energy. If investors know CenterPoint will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CenterPoint Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.586 | Dividend Share 0.77 | Earnings Share 1.36 | Revenue Per Share 13.782 | Quarterly Revenue Growth (0.20) |
The market value of CenterPoint Energy is measured differently than its book value, which is the value of CenterPoint that is recorded on the company's balance sheet. Investors also form their own opinion of CenterPoint Energy's value that differs from its market value or its book value, called intrinsic value, which is CenterPoint Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CenterPoint Energy's market value can be influenced by many factors that don't directly affect CenterPoint Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CenterPoint Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if CenterPoint Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CenterPoint Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.