In today’s recent session, 4.51 million shares of the Centerpoint Energy Inc (NYSE:CNP) have been traded, and its beta is 0.58. Most recently the company’s share price was $37.28, and it changed around -$0.45 or -1.19% from the last close, which brings the market valuation of the company to $24.33B. CNP at last check was trading at a discount to its 52-week high of $39.31, offering almost -5.45% off that amount. The share price’s 52-week low was $25.41, which indicates that the recent value has risen by an impressive 31.84% since then. We note from Centerpoint Energy Inc’s average daily trading volume that its 10-day average is 4.85 million shares, with the 3-month average coming to 5.66 million.
Centerpoint Energy Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.50. If we narrow it down even further, the data shows that 0 out of 20 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 12 recommended CNP as a Hold, whereas 6 deemed it a Buy, and 1 rated it as Underweight.
Centerpoint Energy Inc (NYSE:CNP) trade information
Instantly CNP has been showing red trend so far today with a performance of -1.19% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 37.95 on recent trading dayincreased the stock’s daily price by 1.77%. The company’s shares are currently up 17.49% year-to-date, but still down -0.48% over the last five days. On the other hand, Centerpoint Energy Inc (NYSE:CNP) is -2.51% down in the 30-day period. We can see from the shorts that 28.26 million shares have been sold at a short interest cover period of 5.59 day(s).
The consensus price target as assigned by Wall Street analysts is $38.5, which translates to bulls needing to increase their stock price by 3.17% from its current value. Analyst projections state that CNP is forecast to be at a low of $37 and a high of $40.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 3.47%. Centerpoint Energy Inc earnings are expected to increase by 7.99% in 2025, but the outlook is positive 8.00% per year for the next five years.
CNP Dividends
Centerpoint Energy Inc’s next quarterly earnings report is expected to be released on 2025-Apr-23. The annual dividend yield of the stock is 2.28 percent and its annual dividend per share was 0.85. It is important to note, however, that the 2.28% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 2.79 per year.
Centerpoint Energy Inc (NYSE:CNP)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.42% of Centerpoint Energy Inc shares, and 99.10% of them are in the hands of institutional investors. The stock currently has a share float of 99.52%. Centerpoint Energy Inc stock is held by 981.0 institutions, with CAPITAL INTERNATIONAL INVESTORS being the largest institutional investor. By 2024-06-30, it held 13.2112% of the shares, which is about 84.65 million shares worth $2.62 billion.
VANGUARD GROUP INC, with 12.1287% or 77.72 million shares worth $2.41 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
AMERICAN MUTUAL FUND and T. ROWE PRICE CAPITAL APPRECIATION Fd., INC.-T. Rowe Price Capital App were the top two Mutual Funds as of Mar 31, 2025 . The former held 39.41 shares worth $1.47 billion, making up 6.04% of all outstanding shares. On the other hand, T. ROWE PRICE CAPITAL APPRECIATION Fd., INC.-T. Rowe Price Capital App held roughly 30.47 shares worth around $1.13 billion, which represents about 4.67% of the total shares outstanding.
