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CenterPoint Energy Inc Stock Research

CNP

29.46USD+0.12(+0.41%)Market Closed

Market Summary

USD29.46+0.12
Market Closed
0.41%

CNP Alerts

CNP Stock Price

CNP RSI Chart

CNP Valuation

Market Cap

18.5B

Price/Earnings (Trailing)

17.55

Price/Sales (Trailing)

1.99

EV/EBITDA

6.83

Price/Free Cashflow

10.25

CNP Price/Sales (Trailing)

CNP Profitability

EBT Margin

15.20%

Return on Equity

10.53%

Return on Assets

2.74%

Free Cashflow Yield

9.76%

CNP Fundamentals

CNP Revenue

Revenue (TTM)

9.3B

Revenue Y/Y

17.16%

Revenue Q/Q

42.46%

CNP Earnings

Earnings (TTM)

1.1B

Earnings Y/Y

-79.51%

Earnings Q/Q

-33.66%

Price Action

52 Week Range

24.7133.08
(Low)(High)

Last 7 days

4.0%

Last 30 days

7.7%

Last 90 days

-1.1%

Trailing 12 Months

-1.5%

CNP Financial Health

Current Ratio

0.92

Debt/Equity

1.55

Debt/Cashflow

0.13

CNP Investor Care

Shares Dilution (1Y)

0.10%

Diluted EPS (TTM)

1.59

Peers (Alternatives to CenterPoint Energy)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
46.7B
17.2B
3.40% -31.55%
46.97
2.72
22.99% -69.77%
31.0B
9.8B
6.68% -10.08%
30.1
3.17
0.80% 259.10%
29.9B
9.6B
9.50% -2.14%
21.21
3.12
15.41% 8.56%
22.5B
19.2B
3.41% -14.53%
20.8
1.17
28.50% 19.40%
18.5B
9.3B
7.68% -1.55%
17.55
1.99
11.60% -28.87%
11.5B
5.9B
4.21% -9.83%
14.33
1.97
19.41% 37.48%
MID-CAP
7.9B
31.5B
3.85% -8.19%
6.45
0.25
16.87% -44.17%
4.1B
2.6B
3.21% -16.03%
15.84
1.6
30.92% 9.14%
3.5B
1.5B
1.81% -3.29%
18.89
2.34
7.69% -2.05%
3.2B
1.7B
4.58% -2.99%
20.5
1.83
20.61% 5.32%
2.3B
620.7M
2.41% 11.27%
31.26
3.72
8.19% 22.07%
SMALL-CAP
1.4B
162.4M
1.92% -24.98%
32.47
8.48
13.48% 16.11%
915.1M
563.2M
7.04% 16.89%
22.1
1.62
18.99% 14.68%
291.7M
44.7M
-3.94% -24.21%
52.98
6.52
6.71% 52.56%
205.2M
1.1M
-4.27% 95.17%
-8.62
192.14
90.04% 28.68%

Financials for CenterPoint Energy

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue4.4%9,3218,9248,7708,5688,352
Costs and Expenses5.1%7,7557,3767,3287,1816,989
EBITDA2.5%2,7052,6391,6042,573-
EBITDA Margin-1.9%0.29*0.30*0.18*0.30*-
Earnings Before Taxes6.1%1,4171,3361,2421,179778
EBT Margin1.5%0.15*0.15*0.03*0.15*-
Net Income-33.0%1,0571,5771,5931,6541,486
Net Income Margin-35.8%0.11*0.18*0.18*0.19*-
Free Cahsflow-2.9%1,8101,8642,0762,283-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets5.0%38,54636,71936,21635,20237,679
  Current Assets15.1%4,6994,0834,4434,1887,355
    Cash Equivalents-35.1%74.00114555125230
  Net PPE4.8%27,14325,91025,01524,21323,484
  Goodwill0%4,2944,2944,2944,2944,294
  Current Liabilities10.9%5,1134,6114,3184,6054,287
.    Short Term Borrowings-0.6%5115147.00-7.00
  Long Term Debt-15,558----
    LT Debt, Non Current10.4%14,83613,43513,23712,10615,558
Shareholder's Equity0.5%10,0429,98910,0239,9519,415
  Retained Earnings-1.4%709719768685154
  Additional Paid-In Capital0.1%8,5688,5578,5448,5328,529
Accumulated Depreciation1.4%10,56810,42110,28210,189-
Shares Outstanding0.0%630630629629629
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-2.9%1,8101,8642,0762,28322.00
Cashflow From Investing-6883.3%-1,62824.00467687-1,851
Cashflow From Financing82.0%-345-1,914-2,123-2,9901,916
  Dividend Payments1.1%440435416404385

Risks for CNP

What is the probability of a big loss on CNP?

30%


Probability that CenterPoint Energy stock will be more than 20% underwater in next one year

19.6%


Probability that CenterPoint Energy stock will be more than 30% underwater in next one year.

19.6%


Probability that CenterPoint Energy stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does CNP drawdown profile look like?

Y-axis is the maximum loss one would have experienced if CenterPoint Energy was unfortunately bought at previous high price.

Drawdowns

Returns for CNP

Cumulative Returns on CNP

6.0%


10-Year Cumulative Returns

8.5%


7-Year Cumulative Returns

4.8%


5-Year Cumulative Returns

27.3%


3-Year Cumulative Returns

What are the long-term rolling returns for CNP?

FIve years rolling returns for CenterPoint Energy.

Annualized Returns

Which funds bought or sold CNP recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-27
Neo Ivy Capital Management
added
90.15
366,000
724,000
0.49%
2023-03-24
PALISADE CAPITAL MANAGEMENT, LP
unchanged
-
45,153
740,153
0.02%
2023-03-23
MetLife Investment Management, LLC
reduced
-1.61
221,984
4,930,810
0.04%
2023-03-17
American Portfolios Advisors
added
7.66
2,250
89,866
-%
2023-03-15
B. Riley Wealth Advisors, Inc.
new
-
226,299
226,299
0.01%
2023-03-10
MATHER GROUP, LLC.
new
-
206,601
206,601
-%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
10.09
8,464,620
57,792,600
0.06%
2023-03-06
Rockefeller Capital Management L.P.
added
17.31
46,000
233,000
-%
2023-03-03
Crumly & Associates Inc.
sold off
-100
-281,000
-
-%
2023-03-03
TIAA, FSB
reduced
-16.57
-30,039
238,961
-%

1–10 of 48

Latest Funds Activity

Are funds buying CNP calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own CNP
No. of Funds

CenterPoint Energy News

MarketWatch

CenterPoint Energy Inc. stock rises Friday, still underperforms market.

MarketWatch,
8 hours ago

Schedule 13G FIlings of CenterPoint Energy

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2023
capital international investors
12.9%
81,461,773
SC 13G/A
Feb 09, 2023
vanguard group inc
12.17%
76,579,412
SC 13G/A
Feb 06, 2023
state street corp
5.42%
34,099,231
SC 13G/A
Feb 03, 2023
blackrock inc.
8.3%
52,206,040
SC 13G/A
Feb 11, 2022
capital international investors
7.6%
48,016,611
SC 13G/A
Feb 09, 2022
vanguard group inc
11.45%
72,003,301
SC 13G/A
Feb 09, 2022
fmr llc
-
0
SC 13G/A
Feb 09, 2022
state street corp
4.81%
30,247,147
SC 13G/A
Feb 03, 2022
blackrock inc.
9.9%
62,536,246
SC 13G/A
Feb 16, 2021
price t rowe associates inc /md/
1.6%
9,169,585
SC 13G/A

CNP Fair Value

CenterPoint Energy fair value in different scenarios

The table shows the Fair Value estimates for CenterPoint Energy for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

18.52

-37.14%

22.36

-24.10%

30.90

4.89%

51.12

73.52%

61.89

110.08%
Current Inflation

17.37

-41.04%

20.85

-29.23%

27.64

-6.18%

44.62

51.46%

53.58

81.87%
Very High Inflation

15.90

-46.03%

18.94

-35.71%

23.76

-19.35%

37.11

25.97%

44.06

49.56%

Historical CenterPoint Energy Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of CenterPoint Energy

View All Filings
Date Filed Form Type Document
Mar 29, 2023
PX14A6G
PX14A6G
Mar 27, 2023
8-K
Current Report
Mar 16, 2023
8-K
Current Report
Mar 15, 2023
8-K
Current Report
Mar 14, 2023
4
Insider Trading
Mar 13, 2023
8-K
Current Report
Mar 10, 2023
DEFA14A
DEFA14A
Mar 10, 2023
DEF 14A
DEF 14A
Mar 09, 2023
ARS
ARS
Feb 22, 2023
4
Insider Trading

Latest Insider Trading transactions for CNP

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-10
LESAR DAVID J
acquired
-
-
278,412
ceo
2023-03-10
LESAR DAVID J
sold
-
-
-278,412
ceo
2023-02-21
Karuturi Monica
sold (taxes)
-61,633
29.21
-2,110
evp and general counsel
2023-02-21
Ryan Jason Michael
sold (taxes)
-106,470
29.21
-3,645
evp, reg. svcs. & gov. affairs
2023-02-21
Harkel-Rumford Lynne Louise
sold (taxes)
-29,911
29.21
-1,024
evp and chief hr officer
2023-02-21
Ryan Kara Gostenhofer
sold (taxes)
-6,134
29.21
-210
vice president and cao
2023-02-17
LESAR DAVID J
sold (taxes)
-5,862,210
29.21
-200,692
ceo
2023-02-17
Ryan Kara Gostenhofer
acquired
-
-
3,300
vice president and cao
2023-02-17
LESAR DAVID J
acquired
-
-
510,016
ceo
2023-02-17
Ryan Jason Michael
acquired
-
-
43,224
evp, reg. svcs. & gov. affairs

1–10 of 50

David J. Lesar
12900
CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company operates through Electric and Natural Gas 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 Arkansas, Indiana, Mississippi, Ohio, Oklahoma, and Texas and Louisiana through a third party. This segment also engages in the sale of regulated intrastate natural gas, and transportation and storage of natural gas for residential, commercial, industrial, and transportation customers. As of December 31, 2021, it served approximately 2.7 million metered customers; owned 239 substation sites with a total installed rated transformer capacity of 71,241 megavolt amperes; operated approximately 1,00,000 linear miles of natural gas distribution and transmission mains; and owned and operated 285 miles of intrastate pipeline in Louisiana, Texas, and Oklahoma. The company was founded in 1866 and is headquartered in Houston, Texas.

CNP Income Statement

2022-12-31
STATEMENTS OF CONSOLIDATED INCOME - USD ($)
shares in Thousands
3 Months Ended12 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues:     
Utility revenues  $ 9,018,000,000$ 8,042,000,000$ 7,049,000,000
Non-utility revenues  303,000,000310,000,000369,000,000
Total  9,321,000,0008,352,000,0007,418,000,000
Expenses:     
Utility natural gas, fuel and purchased power  2,887,000,0002,127,000,0001,488,000,000
Non-utility cost of revenues, including natural gas  204,000,000208,000,000257,000,000
Operation and maintenance  2,833,000,0002,810,000,0002,744,000,000
Depreciation and amortization  1,288,000,0001,316,000,0001,189,000,000
Taxes other than income taxes  543,000,000528,000,000516,000,000
Goodwill impairment$ 0$ 000185,000,000
Total  7,755,000,0006,989,000,0006,379,000,000
Operating Income  1,566,000,0001,363,000,0001,039,000,000
Other Income (Expense):     
Gain (loss) on equity securities  (227,000,000)(172,000,000)49,000,000
Gain (loss) on indexed debt securities  325,000,00050,000,000(60,000,000)
Gain on sale  303,000,0008,000,0000
Interest expense and other finance charges  (511,000,000)(508,000,000)(501,000,000)
Interest expense on Securitization Bonds  (13,000,000)(21,000,000)(28,000,000)
Other income (expense), net  (26,000,000)58,000,00064,000,000
Total  (149,000,000)(585,000,000)(476,000,000)
Income from Continuing Operations Before Income Taxes  1,417,000,000778,000,000563,000,000
Income tax expense  360,000,000110,000,00080,000,000
Income From Continuing Operations  1,057,000,000668,000,000483,000,000
Net Income (Loss)  1,057,000,0001,486,000,000(773,000,000)
Income allocated to preferred shareholders  49,000,00095,000,000176,000,000
Income (Loss) Available to Common Shareholders  $ 1,008,000,000$ 1,391,000,000$ (949,000,000)
Earnings (loss) per common share:     
Basic earnings per common share - continuing operations (in dollars per share)  $ 1.60$ 0.97$ 0.58
Basic earnings (loss) per common share - discontinued operations (in dollars per share)  01.38(2.37)
Basic Earnings (Loss) Per Common Share (in dollars per share)  1.602.35(1.79)
Basic Earnings (Loss) Per Common Share     
Diluted earnings per common share - continuing operations (in dollars per share)  1.590.940.58
Diluted earnings (loss) per common share - discontinued operations (in dollars per share)  01.34(2.37)
Diluted Earnings (Loss) Per Common Share (in dollars per share)  $ 1.59$ 2.28$ (1.79)
Weighted Average Common Shares Outstanding, Basic  629,415592,933531,031
Weighted Average Common Shares Outstanding, Diluted  632,346609,938531,031

CNP Balance Sheet

2022-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current Assets:  
Restricted cash included in Prepaid expenses and other current assets$ 74$ 230
Investment in equity securities5101,439
Accounts receivable, less allowance for credit losses889690
Accrued unbilled revenue, less allowance for credit losses764513
Natural gas and coal inventory241186
Materials and supplies635422
Non-trading derivative assets109
Taxes receivable201
Current assets held for sale02,338
Regulatory assets1,3851,395
Prepaid expenses and other current assets171132
Total current assets4,6997,355
Property, Plant and Equipment, net27,14323,484
Other Assets:  
Goodwill4,2944,294
Total Non-Current Regulatory Assets2,1932,321
Non-trading derivative assets25
Other non-current assets215220
Total other assets6,7046,840
Total Assets38,54637,679
Current Liabilities:  
Short-term borrowings5117
Current portion of VIE Securitization Bonds long-term debt156220
Indexed debt, net710
Current portion of other long-term debt1,346308
Indexed debt securities derivative578903
Accounts payable1,3521,196
Taxes accrued298378
Interest accrued159136
Dividends accrued144131
Customer deposits110111
Non-trading derivative liabilities02
Current liabilities held for sale0562
Other452323
Total current liabilities5,1134,287
Other Liabilities:  
Deferred income taxes, net3,9863,904
Non-trading derivative liabilities012
Benefit obligations547511
Regulatory liabilities3,2453,153
Other774836
Total other liabilities8,5528,416
Long-term Debt, net:  
VIE Securitization Bonds, net161317
Other long-term debt, net14,67515,241
Total long-term debt, net14,83615,558
Commitments and Contingencies (Note 15) 
Temporary Equity (Note 12)33
Shareholders’ Equity:  
Cumulative preferred stock790790
Common stock66
Additional paid-in capital8,5688,529
Retained earnings709154
Accumulated other comprehensive loss(31)(64)
Total shareholders’ equity10,0429,415
Total Liabilities and Shareholders’ Equity$ 38,546$ 37,679