CenterPoint Energy (CNP) Stock Forecast & Price Target

$32.54 +0.78 (+2.46%)

(As of 12/20/2024 05:31 PM ET)

CenterPoint Energy - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 13 Analyst Ratings

Sell
1

Hold
8

Buy
4

Based on 13 Wall Street analysts who have issued ratings for CenterPoint Energy in the last 12 months, the stock has a consensus rating of "Hold." Out of the 13 analysts, 1 has given a sell rating, 8 have given a hold rating, and 4 have given a buy rating for CNP.

Consensus Price Target

$31.27
-3.91% Downside

According to the 13 analysts' twelve-month price targets for CenterPoint Energy, the average price target is $31.27. The highest price target for CNP is $37.00, while the lowest price target for CNP is $28.00. The average price target represents a forecasted downside of -3.91% from the current price of $32.54.

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CNP Analyst Ratings Over Time

Type	Current Forecast 12/23/23 to 12/22/24	1 Month Ago 11/23/23 to 11/22/24	3 Months Ago 9/24/23 to 9/23/24	1 Year Ago 12/23/22 to 12/23/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	4 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)	6 Buy rating(s)
Hold	8 Hold rating(s)	9 Hold rating(s)	9 Hold rating(s)	2 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$31.27	$30.00	$29.36	$30.67
Forecasted Upside	-3.91% Downside	-6.04% Downside	1.48% Upside	8.06% Upside
Consensus Rating	Hold	Hold	Hold	Moderate Buy

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CNP Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CNP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

CenterPoint Energy Stock vs. The Competition

Type	CenterPoint Energy	Utilities Companies	S&P 500
Consensus Rating Score	2.23	2.53	2.51
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	-3.91% Downside	28.89% Upside	14.53% Upside
News Sentiment Rating	Positive News See Recent CNP News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
12/12/2024	Scotiabank 5 of 5 stars	A. Weisel Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Sector Perform ➝ Sector Outperform	$30.00 ➝ $35.00	+10.03%
12/12/2024	LADENBURG THALM/SH SH 4 of 5 stars	P. Fremont Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$34.50	+9.80%
12/3/2024	UBS Group 4 of 5 stars	W. Appicelli Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy	$31.00 ➝ $37.00	+15.62%
11/22/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$32.00 ➝ $31.00	-4.11%
10/16/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Akers Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight ➝ Equal Weight	$28.00 ➝ $32.00	+6.38%
9/12/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$29.00	+3.76%
Get the Latest News and Ratings for CNP and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for CenterPoint Energy and its competitors with MarketBeat's FREE daily newsletter.
8/26/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Thalacker Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Market Perform ➝ Market Perform	$28.00 ➝ $28.00	+3.59%
8/2/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Karp Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Overweight ➝ Sector Weight
8/2/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Overweight ➝ Neutral	$32.00 ➝ $29.00	+3.02%
3/14/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Underweight ➝ Underweight	$28.00 ➝ $29.00	+3.87%
2/21/2024	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$33.00 ➝ $32.00	+13.72%
2/21/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Neutral ➝ Neutral	$30.00 ➝ $29.00	+3.31%
1/23/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ In-Line	$29.00 ➝ $30.00	+9.21%
9/6/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$34.00 ➝ $33.00	+20.53%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 10:00 AM ET.

Should I Buy CenterPoint Energy Stock? CNP Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, December 12, 2024. Please send any questions or comments about these CenterPoint Energy pros and cons to contact@marketbeat.com.

CenterPoint Energy
Bull Case

Here are some ways that investors could benefit from investing in CenterPoint Energy, Inc.:

The stock is currently trading at $32.54, which is close to its 52-week high of $32.65, indicating strong market performance and investor confidence.
CenterPoint Energy, Inc. recently increased its quarterly dividend from $0.20 to $0.21, reflecting a commitment to returning value to shareholders. This translates to an annualized dividend yield of 2.58%, which can be attractive for income-focused investors.
The company reported earnings per share (EPS) of $0.31 for the latest quarter, meeting analysts' expectations, which suggests stability in its financial performance.
With a market capitalization of $21.21 billion, CenterPoint Energy, Inc. is a significant player in the utilities sector, providing a level of stability and reliability that can be appealing to investors.
Analysts have a consensus rating of "Hold" with an average target price of $30.00, indicating that while there may not be aggressive growth expected, the stock is viewed as a stable investment.

CenterPoint Energy
Bear Case

Investors should be bearish about investing in CenterPoint Energy, Inc. for these reasons:

The company has a relatively high debt-to-equity ratio of 1.87, which indicates that it relies significantly on debt to finance its operations. This could pose risks, especially in a rising interest rate environment.
CenterPoint Energy, Inc. had a revenue of $1.86 billion in the latest quarter, which fell short of analysts' expectations of $1.88 billion, suggesting potential challenges in meeting growth targets.
Despite the recent dividend increase, the payout ratio stands at 55.63%, which means that over half of the company's earnings are being distributed as dividends. This could limit the funds available for reinvestment in growth opportunities.
Two research analysts have rated the stock with a sell rating, indicating some skepticism about its future performance, which could be a red flag for potential investors.
The stock has experienced fluctuations, with a 52-week low of $25.41, suggesting volatility that may deter risk-averse investors.

CNP Forecast - Frequently Asked Questions

: According to the research reports of 13 Wall Street equities research analysts, the average twelve-month stock price forecast for CenterPoint Energy is $31.27, with a high forecast of $37.00 and a low forecast of $28.00.
: 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CenterPoint Energy in the last twelve months. There is currently 1 sell rating, 8 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CNP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CNP, but not buy additional shares or sell existing shares.
: According to analysts, CenterPoint Energy's stock has a predicted downside of -3.91% based on their 12-month stock forecasts.
: Over the previous 90 days, CenterPoint Energy's stock had 2 upgrades by analysts.
: CenterPoint Energy has been rated by research analysts at LADENBURG THALM/SH SH, Morgan Stanley, Scotiabank, UBS Group, and Wells Fargo & Company in the past 90 days.
: Analysts like CenterPoint Energy less than other "utilities" companies. The consensus rating for CenterPoint Energy is Hold while the average consensus rating for "utilities" companies is Moderate Buy. Learn more on how CNP compares to other companies.

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This page (NYSE:CNP) was last updated on 12/22/2024 by MarketBeat.com Staff

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CenterPoint Energy (CNP) Stock Forecast & Price Target