Stocks News Review: CenterPoint Energy, Inc. (NYSE:CNP)


CenterPoint Energy, Inc. (NYSE:CNP) retreated -0.33% and closed its last session at $24.09. The stock has the market capitalization of $10.38 Billion with the total outstanding shares of 430.68 Million. CenterPoint Energy, Inc.. has Analysts’ Mean Recommendation of 2.56 between the scale of 1 to 5 (1 represents Strong Buy and 5 means Sell). The stock currently has P/E of 0 for trailing twelve months while its Forward P/E is 19.26.

CenterPoint Energy, Inc. (NYSE:CNP) touched its 52-Week High of $24.71 on Jul 22, 2016 while it’s 52-Week Low of $16.05 on Dec 11, 2015. The company currently has Return on Assets of -0.8 percent, Return on Equity of -5.1% and Return on Investment of 10.8 percent. The stock currently showing Weekly Volatility of 1.58%% and Monthly Volatility of 2.13% Percent with Average True Range of 0.46 and Beta of 0.48.

The 15 analysts offering 12-month price forecasts for CenterPoint Energy Inc have a median target of 24.00, with a high estimate of 27.00 and a low estimate of 21.00. The median estimate represents a -0.37% decrease from the last price of 24.09.

Press Release:

The Company on 29 November reported it has joined #GivingTuesday, a global day of giving that harnesses the power of individuals, communities and organizations to encourage philanthropy and to celebrate generosity worldwide. Today, more than 800 gifts will be collected for the Salvation Army’s Angel Tree Program in advance of the Christmas holiday in the company’s Houston region, and approximately 350 gifts are expected to be collected in Minnesota next week.

Since 1889, the Salvation Army has provided Christmas assistance to disadvantaged families and individuals to ensure that they have a wonderful holiday season. CenterPoint Energy has been a long-time supporter of the program, collecting more than 4,200 donations over the past seven years, helping to provide a merry Christmas for more than 4,000 families in the Greater Houston area.

Company Profile:

CenterPoint Energy is a domestic energy delivery company that includes electricity transmission and distribution, natural gas distribution and sales, interstate pipeline and gathering operations. They serve customers in Arkansas, Illinois, Iowa, Kansas, Louisiana, Minnesota, Mississippi, Missouri, Oklahoma, Texas, and Wisconsin.