How to buy CenterPoint Energy shares

Own CenterPoint Energy shares in just a few minutes.

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CenterPoint Energy, Inc (CNP) is a leading utilities-regulated gas business with stocks listed in the US. It opened the day at US$25.91 after a previous close of US$25.95. During the day the price has varied from a low of USD25.84 to a high of USD26.17. The latest price was USD26.15 (25 minute delay). CenterPoint Energy is listed on the NYSE. All prices are listed in US Dollars.

How to buy shares in CenterPoint Energy

  1. Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for CenterPoint Energy. Find the share by name or ticker symbol: CNP. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until CenterPoint Energy reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$25.39, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of CenterPoint Energy, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of CenterPoint Energy. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

CenterPoint Energy share price

Use our graph to track the performance of CNP stocks over time.

CenterPoint Energy shares at a glance

Information last updated 2021-06-11.
OpenUS$25.91
HighUS$26.17
LowUS$25.84
CloseUS$26.15
Previous closeUS$25.95
Change US$0.2
Change % 0.7707%
Volume 4,538,372
Information last updated 2021-06-10.
52-week rangeUS$16.8718 - US$26.035
50-day moving average US$24.684
200-day moving average US$22.5946
Target priceUS$27.15
PE ratio 23.9042
Dividend yield US$0.61 (2.37%)
Earnings per share (TTM) US$1.086

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy CenterPoint Energy stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

CenterPoint Energy price performance over time

Historical closes compared with the last close of $26.15

1 week (2021-06-04) 2.95%
1 month (2021-05-12) 10.57%
3 months (2021-03-12) 19.03%
6 months (2020-12-11) 20.23%
1 year (2020-06-12) 45.28%
2 years (2019-06-12) -9.77%
3 years (2018-06-12) 0.93%
5 years (2016-06-10) 13.01%

Is CenterPoint Energy under- or over-valued?

Valuing CenterPoint Energy stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of CenterPoint Energy's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

CenterPoint Energy's P/E ratio

CenterPoint Energy's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 24x. In other words, CenterPoint Energy shares trade at around 24x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

CenterPoint Energy's PEG ratio

CenterPoint Energy's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 5.1342. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into CenterPoint Energy's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

CenterPoint Energy's EBITDA

CenterPoint Energy's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$2.3 billion.

The EBITDA is a measure of a CenterPoint Energy's overall financial performance and is widely used to measure a its profitability.

CenterPoint Energy financials

Revenue TTM US$7.8 billion
Operating margin TTM 16.33%
Gross profit TTM US$3 billion
Return on assets TTM 2.3%
Return on equity TTM 10.52%
Profit margin 10.12%
Book value 11.512
Market capitalisation US$15.1 billion

TTM: trailing 12 months

Shorting CenterPoint Energy shares

There are currently 13.8 million CenterPoint Energy shares held short by investors – that's known as CenterPoint Energy's "short interest". This figure is 21.1% down from 17.5 million last month.

There are a few different ways that this level of interest in shorting CenterPoint Energy shares can be evaluated.

CenterPoint Energy's "short interest ratio" (SIR)

CenterPoint Energy's "short interest ratio" (SIR) is the quantity of CenterPoint Energy shares currently shorted divided by the average quantity of CenterPoint Energy shares traded daily (recently around 6.3 million). CenterPoint Energy's SIR currently stands at 2.19. In other words for every 100,000 CenterPoint Energy shares traded daily on the market, roughly 2190 shares are currently held short.

However CenterPoint Energy's short interest can also be evaluated against the total number of CenterPoint Energy shares, or, against the total number of tradable CenterPoint Energy shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case CenterPoint Energy's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 CenterPoint Energy shares in existence, roughly 20 shares are currently held short) or 0.0269% of the tradable shares (for every 100,000 tradable CenterPoint Energy shares, roughly 27 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against CenterPoint Energy.

Find out more about how you can short CenterPoint Energy stock.

CenterPoint Energy's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like CenterPoint Energy.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

CenterPoint Energy's total ESG risk score

Total ESG risk: 29.93

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and CenterPoint Energy's overall score of 29.93 (as at 12/31/2018) is pretty weak – landing it in it in the 60th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like CenterPoint Energy is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

CenterPoint Energy's environmental score

Environmental score: 9.4/100

CenterPoint Energy's social score

Social score: 7.48/100

CenterPoint Energy's governance score

Governance score: 3.06/100

CenterPoint Energy's controversy score

Controversy score: 2/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. CenterPoint Energy scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that CenterPoint Energy has, for the most part, managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

CenterPoint Energy, Inc was last rated for ESG on: 2019-01-01.

Total ESG score 29.93
Total ESG percentile 60.06
Environmental score 9.4
Social score 7.48
Governance score 3.06
Level of controversy 2

CenterPoint Energy share dividends

43%

Dividend payout ratio: 43.36% of net profits

Recently CenterPoint Energy has paid out, on average, around 43.36% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.48% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), CenterPoint Energy shareholders could enjoy a 2.48% return on their shares, in the form of dividend payments. In CenterPoint Energy's case, that would currently equate to about $0.61 per share.

While CenterPoint Energy's payout ratio might seem fairly standard, it's worth remembering that CenterPoint Energy may be investing much of the rest of its net profits in future growth.

CenterPoint Energy's most recent dividend payout was on 9 June 2021. The latest dividend was paid out to all shareholders who bought their shares by 18 May 2021 (the "ex-dividend date").

Have CenterPoint Energy's shares ever split?

CenterPoint Energy's shares were split on a 1000:843 basis on 30 September 2002. So if you had owned 843 shares the day before before the split, the next day you'd have owned 1000 shares. This wouldn't directly have changed the overall worth of your CenterPoint Energy shares – just the quantity. However, indirectly, the new 15.7% lower share price could have impacted the market appetite for CenterPoint Energy shares which in turn could have impacted CenterPoint Energy's share price.

CenterPoint Energy share price volatility

Over the last 12 months, CenterPoint Energy's shares have ranged in value from as little as US$16.8718 up to US$26.035. A popular way to gauge a stock's volatility is its "beta".

CNP.US volatility(beta: 0.98)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while CenterPoint Energy's is 0.9793. This would suggest that CenterPoint Energy's shares are less volatile than average (for this exchange).

CenterPoint Energy overview

CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company operates through Electric, Natural Gas, and Midstream Investments segments. The Electric segment includes electric transmission and distribution services to electric customers and electric generation assets, as well as assets in the wholesale power market. The Natural Gas segment provides natural gas distribution services, as well as home appliance maintenance and repair services to customers in Minnesota; and home repair protection plans to natural gas customers in Texas and Louisiana through a third party. This segment also sells regulated intrastate natural gas, as well as natural gas transportation and storage services for residential, commercial, industrial, and transportation customers. The Midstream Investments segment provides natural gas and crude oil gathering, and natural gas processing services to its producer customers, as well as crude oil, condensate, and produced water gathering services to its producer and refiner customers; and interstate and intrastate natural gas pipeline transportation and storage services to its producer, power plant, local distribution company, and industrial end-user customers. As of December 31, 2020, it served approximately 2.6 million metered customers; owned 239 substation sites with a total installed rated transformer capacity of 69,915 megavolt amperes; operated approximately 99,000 linear miles of natural gas distribution mains, as well as 77,000 linear miles of natural gas transmission mains; and owned and operated 264 miles of intrastate pipeline in Louisiana, Texas, and Oklahoma. CenterPoint Energy, Inc. was founded in 1866 and is headquartered in Houston, Texas.

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