In yesterday’s Wall Street session, Centerpoint Energy Inc (NYSE:CNP) shares traded at $37.18, down -1.46% from the previous session.
CNP stock price is now 0.34% away from the 50-day moving average and 15.05% away from the 200-day moving average. The market capitalization of the company currently stands at $24.27B.
With the price target maintained at $37, Barclays recently Upgraded its rating from Underweight to Equal Weight for Centerpoint Energy Inc (NYSE: CNP). On April 02, 2025, Jefferies recently initiated its ‘Buy’ rating on the stock quoting a target price of $42, while ‘Evercore ISI’ rates the stock as ‘Outperform’
In other news, Fitch Laurie Lee, Director bought 1,900 shares of the company’s stock on May 09 ’25. The stock was bought for $71,392 at an average price of $37.58. Upon completion of the transaction, the Director now directly owns 6,434 shares in the company, valued at $0.24 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 12 ’25, Director Fitch Laurie Lee bought 800 shares of the business’s stock. A total of $29,380 was incurred on buying the stock at an average price of $36.73. This leaves the insider owning 7,234 shares of the company worth $0.27 million. A total of 0.48% of the company’s stock is owned by insiders.
During the past 12 months, Centerpoint Energy Inc has had a low of $25.41 and a high of $39.31. As of last week, the company has a debt-to-equity ratio of 2.09, a current ratio of 0.93, and a quick ratio of 0.79.
The net profit margin was 10.80% and return on equity was 9.22% for CNP. The company reported revenue of $2.92 billion for the quarter, compared to $2.62 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 11.45 percent.
