Analysts See $0.33 EPS for CenterPoint Energy, Inc. (CNP)

CenterPoint Energy, Inc. (NYSE:CNP) Logo
Investors sentiment increased to 1.13 in 2019 Q1. Its up 0.08, from 1.05 in 2018Q4. It increased, as 37 investors sold CenterPoint Energy, Inc. shares while 161 reduced holdings. 67 funds opened positions while 157 raised stakes. 365.34 million shares or 3.39% less from 378.14 million shares in 2018Q4 were reported.
James Investment Incorporated owns 195,664 shares or 0.39% of their US portfolio. Winch Advisory Ser Lc stated it has 198 shares. California Employees Retirement System accumulated 2.51M shares. Renaissance Technology invested in 2.28M shares or 0.06% of the stock. Stifel Corp invested in 0.01% or 164,201 shares. Blb&B Advsrs Lc stated it has 0.39% of its portfolio in CenterPoint Energy, Inc. (NYSE:CNP). 414,324 were accumulated by D E Shaw And. Duff And Phelps Invest Management Communication holds 1.72% in CenterPoint Energy, Inc. (NYSE:CNP) or 3.74 million shares. Edgemoor Investment Advisors holds 0.62% or 153,330 shares in its portfolio. Etrade Mgmt Limited Liability Com has 21,248 shares. Moore L P accumulated 0.05% or 50,000 shares. Macquarie Ltd has 0.01% invested in CenterPoint Energy, Inc. (NYSE:CNP). Suntrust Banks reported 7,039 shares. Ferguson Wellman Mgmt accumulated 52,393 shares. 14,251 were accumulated by Bkd Wealth Advsrs Ltd Liability Corporation.

Since February 1, 2019, it had 0 insider purchases, and 1 insider sale for $122,880 activity.

Analysts expect CenterPoint Energy, Inc. (NYSE:CNP) to report $0.33 EPS on August, 7 before the open.They anticipate $0.03 EPS change or 10.00 % from last quarter’s $0.3 EPS. CNP’s profit would be $165.26M giving it 21.93 P/E if the $0.33 EPS is correct. After having $0.46 EPS previously, CenterPoint Energy, Inc.’s analysts see -28.26 % EPS growth. The stock decreased 0.21% or $0.06 during the last trading session, reaching $28.95. About 2.84M shares traded. CenterPoint Energy, Inc. (NYSE:CNP) has risen 11.06% since July 11, 2018 and is uptrending. It has outperformed by 6.63% the S&P500.

CenterPoint Energy, Inc. (NYSE:CNP) Ratings Coverage

Among 4 analysts covering CenterPoint Energy (NYSE:CNP), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. CenterPoint Energy had 10 analyst reports since January 18, 2019 according to SRatingsIntel. The company was maintained on Wednesday, March 20 by Barclays Capital. The stock of CenterPoint Energy, Inc. (NYSE:CNP) has “Buy” rating given on Friday, March 1 by Credit Suisse. On Monday, February 25 the stock rating was initiated by Goldman Sachs with “Buy”. The stock of CenterPoint Energy, Inc. (NYSE:CNP) earned “Outperform” rating by RBC Capital Markets on Friday, January 18.

CenterPoint Energy, Inc. operates as a public utility holding firm in the United States. The company has market cap of $14.50 billion. The company's Electric Transmission & Distribution segment offers electric transmission and distribution services to retail electric providers, municipalities, electric cooperatives, and other distribution companies. It has a 43.86 P/E ratio. As of December 31, 2016, this segment owned 28,702 pole miles of overhead distribution lines and 3,692 circuit miles of overhead transmission lines; 23,937 circuit miles of underground distribution lines and 26 circuit miles of underground transmission lines; and 232 substations with a capacity of 60,854 megavolt amperes.

More notable recent CenterPoint Energy, Inc. (NYSE:CNP) news were published by: Finance.Yahoo.com which released: “Is Asbury Automotive Group, Inc.’s (NYSE:ABG) 33% ROE Better Than Average? – Yahoo Finance” on June 07, 2019, also Finance.Yahoo.com with their article: “Is Vulcan Materials Company (VMC) A Good Stock To Buy? – Yahoo Finance” published on June 21, 2019, Seekingalpha.com published: “CenterPoint declares $0.2875 dividend – Seeking Alpha” on December 12, 2018. More interesting news about CenterPoint Energy, Inc. (NYSE:CNP) were released by: Finance.Yahoo.com and their article: “Injured Utility Worker Sues CenterPoint Energy Houston Electric for Negligence – Yahoo Finance” published on May 21, 2019 as well as Bizjournals.com‘s news article titled: “Best in class: Here’s where Texas’ Fortune 500 CEOs studied – Dallas Business Journal” with publication date: November 07, 2018.

CenterPoint Energy, Inc. (NYSE:CNP) Institutional Positions Chart

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