CenterPoint Energy, Inc. (CNP) Stock

About CenterPoint Energy, Inc.

CenterPoint Energy, Inc. operates as a public utility holding enterprise across the United States, primarily through its Electric and Natural Gas divisions. The Electric segment manages power generation assets, alongside the transmission and distribution networks that supply electricity to consumers, and actively participates in the wholesale power market. Its Natural Gas segment delivers natural gas distribution services, provides home appliance maintenance and repair in Minnesota, and extends home repair protection plans to natural gas customers in Arkansas, Indiana, Mississippi, Ohio, Oklahoma, Texas, and Louisiana through a third-party partner. This segment is also engaged in the sale of regulated intrastate natural gas, as well as its transportation and storage for residential, commercial, industrial, and transportation clients. As of December 31, 2021, CenterPoint Energy served approximately 2.7 million metered customers. Its substantial infrastructure included 239 substation sites with a total installed transformer capacity of 71,241 megavolt amperes, roughly 100,000 linear miles of natural gas distribution and transmission mains, and 285 miles of intrastate pipelines across Louisiana, Texas, and Oklahoma. The company was established in 1866 and is headquartered in Houston, Texas.

CenterPoint Energy, Inc. is led by CEO Christopher A. Foster, employs 8,872 people, headquartered in Houston, US, publicly traded since 1970.

CenterPoint Energy, Inc. (CNP) stock trades at $40.81 with a market capitalization of $26.88B. The stock is valued at a price-to-earnings (P/E) ratio of 26.15, price-to-book of 2.44, price-to-sales of 2.96. Over the past 52 weeks the stock has ranged between $35.46 and $45.18, and currently trades 9.7% below its 52-week high. It pays a dividend yielding 2.11%.

On profitability, CenterPoint Energy, Inc. generates a return on equity (ROE) of 9.56%, return on capital employed of 18.92%, an operating margin of 22.51%, a net profit margin of 11.38%.

In its most recent fiscal year, CenterPoint Energy, Inc. reported annual revenue of $9.4B, net profit of $1.1B, revenue has compounded at 4.8% a year over the last five years.

The balance sheet shows a debt-to-equity ratio of 2.16 — a leveraged balance sheet worth monitoring, a current ratio of 0.91, total assets of $48.2B, $49.0M in cash and equivalents.

CNP has an average daily trading volume of 6,027,519 shares, a beta of 0.46 (less volatile than the overall market).

Official website: www.centerpointenergy.com