Centerpoint Energy Stock Today

CNP Stock  USD 28.96  0.01  0.03%   

Performance

1 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 38

 
High
 
Low
Below Average
CenterPoint Energy is selling at 28.96 as of the 23rd of July 2024; that is 0.03 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 28.81. CenterPoint Energy has about a 38 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for CenterPoint Energy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of June 2024 and ending today, the 23rd of July 2024. Click here to learn more.
Business Domain
Utilities
IPO Date
2nd of January 1970
CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company was founded in 1866 and is headquartered in Houston, Texas. Centerpoint Energy operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. The company has 639.72 M outstanding shares of which 17.35 M shares are currently shorted by investors with about 3.38 days to cover. More on CenterPoint Energy

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CenterPoint Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOJohn Somerhalder
Thematic Ideas
(View all Themes)
Old Names[CNP Assurances SA, CNPR STAPLED]
Business ConcentrationMulti-Utilities, Utilities - Regulated Electric, Utilities, NYSE Composite, PHLX Utility, Dow Jones Utility, SP 500 Index, Dow Jones Composite, ARCA Natural Gas, Basic Utilities, Energy, Utilities, Multi-Utilities, Utilities—Regulated Electric, Utilities (View all Sectors)
Excise Tax ActivitiesCoal
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.210.219
Sufficiently Down
Slightly volatile
Gross Profit Margin0.430.4239
Fairly Up
Pretty Stable
Net Debt10.4 B18.5 B
Way Down
Slightly volatile
Total Current Liabilities3.3 B3.9 B
Fairly Down
Slightly volatile
Non Current Liabilities Total15.5 B26.2 B
Way Down
Slightly volatile
Total Assets25.7 B39.7 B
Way Down
Slightly volatile
Total Current Assets3.7 BB
Fairly Up
Slightly volatile
Total Cash From Operating Activities4.1 B3.9 B
Sufficiently Up
Slightly volatile
Debt Levels
CenterPoint Energy can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand CenterPoint Energy's financial leverage. It provides some insight into what part of CenterPoint Energy's total assets is financed by creditors.
Liquidity
CenterPoint Energy has 18.62 B in debt with debt to equity (D/E) ratio of 1.56, which is OK given its current industry classification. CenterPoint Energy has a current ratio of 0.86, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for CenterPoint to invest in growth at high rates of return.

Other Non Cash Items

36.1 Million
CenterPoint Energy (CNP) is traded on New York Stock Exchange in USA. It is located in 1111 Louisiana Street, Houston, TX, United States, 77002 and employs 8,827 people. CenterPoint Energy is listed under Multi-Utilities category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 18.53 B. CenterPoint Energy runs under Multi-Utilities sector within Utilities industry. The entity has 639.72 M outstanding shares of which 17.35 M shares are currently shorted by investors with about 3.38 days to cover. CenterPoint Energy has about 74 M in cash with 3.88 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.95.
Check CenterPoint Energy Probability Of Bankruptcy
Ownership Allocation
CenterPoint Energy holds a total of 639.72 Million outstanding shares. The majority of CenterPoint Energy outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in CenterPoint Energy to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in CenterPoint Energy. Please pay attention to any change in the institutional holdings of CenterPoint Energy as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check CenterPoint Ownership Details

CenterPoint Stock Institutional Holders

InstituionRecorded OnShares
Amvescap Plc.2024-03-31
8.6 M
Pictet Asset Manangement Sa2024-03-31
8.4 M
Legal & General Group Plc2024-03-31
8.1 M
Morgan Stanley - Brokerage Accounts2024-03-31
7.9 M
Jennison Associates Llc2024-03-31
M
Franklin Resources Inc2024-03-31
5.9 M
Massachusetts Financial Services Company2024-03-31
5.7 M
Northern Trust Corp2024-03-31
5.6 M
Alliancebernstein L.p.2024-03-31
5.4 M
Capital Research & Mgmt Co - Division 32024-03-31
83.8 M
Vanguard Group Inc2024-03-31
75.5 M
View CenterPoint Energy Diagnostics

CenterPoint Energy Historical Income Statement

At this time, CenterPoint Energy's Total Other Income Expense Net is relatively stable compared to the past year. As of 07/23/2024, Net Income Applicable To Common Shares is likely to grow to about 1.2 B, while EBIT is likely to drop slightly above 1.5 B. View More Fundamentals

CenterPoint Stock Against Markets

CenterPoint Energy Corporate Directors

Phillip SmithIndependent DirectorProfile
Leslie BiddleIndependent DirectorProfile
Scott McLeanIndependent DirectorProfile
Peter WareingIndependent DirectorProfile

Additional 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.