CenterPoint Energy, Inc. which can be found using ticker (CNP) now have 13 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $34.00 and $28.00 with the average share target price sitting at $30.55. (at the time of writing). Given that the stocks previous close was at $25.93 and the analysts are correct then we can expect a percentage increase in value of 17.8%. It’s also worth noting that there is a 50 day moving average of $29.70 and the 200 moving average now moves to $28.59. The market capitalization for the company is 16.54B. The current share price for the company is: $25.77 USD
The potential market cap would be $19,491,075,576 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 15.91, revenue per share of $13.52 and a 3% return on assets.
CenterPoint Energy, Inc. is a public utility holding company. The Company, through its subsidiaries, owns and operates electric transmission, distribution and generation and natural gas distribution facilities, and provides energy performance contracting and sustainable infrastructure services. Its segments include Electric and Natural Gas. Its Electric segment consists of electric transmission and distribution services. Its Natural Gas segment consists of intrastate natural gas sales to, and natural gas transportation and distribution for residential, commercial, industrial and institutional customers in Indiana, Louisiana, Minnesota, Mississippi, Ohio and Texas; permanent pipeline connections through interconnects with various interstate and intrastate pipeline companies, and home appliance maintenance and repair services to customers in Minnesota and home repair protection plans to natural gas customers in Indiana, Mississippi, Ohio and Texas through a third party.
