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What Makes CenterPoint Energy (CNP) a Strong Momentum Stock: Buy Now?
ZACKS· 2025-02-24 18:00
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...
Why CenterPoint Energy (CNP) is a Top Dividend Stock for Your Portfolio
ZACKS· 2025-02-21 17:50
Group 1: Core Insights - The primary focus for income investors is generating consistent cash flow from liquid investments, particularly through dividends [1][2] - Dividends are a significant contributor to long-term returns, often exceeding one-third of total returns in many cases [2] Group 2: Company Overview - CenterPoint Energy - CenterPoint Energy (CNP), headquartered in Houston, has experienced a price change of 6.3% this year and currently pays a dividend of $0.21 per share, resulting in a dividend yield of 2.61% [3] - The company's annualized dividend of $0.88 has increased by 8.6% from the previous year, with an average annual increase of 3.93% over the past five years [4] - CenterPoint's current payout ratio is 52%, indicating that it pays out 52% of its trailing 12-month earnings per share as dividends [4] Group 3: Earnings Expectations - The Zacks Consensus Estimate for CenterPoint's earnings in 2025 is $1.75 per share, with an expected increase of 8.02% from the previous year [5] Group 4: Investment Considerations - CenterPoint Energy is viewed as a compelling investment opportunity due to its attractive dividend and strong Zacks Rank of 2 (Buy) [7]
CenterPoint Energy: Solid Q4 But Equity Needs Likely Limit Upside
Seeking Alpha· 2025-02-21 13:00
Core Viewpoint - CenterPoint Energy (NYSE: CNP) has shown strong performance over the past year, with a 21% increase in stock value, particularly recovering from summer lows amid hurricanes in Texas [1] Group 1: Stock Performance - The stock has rallied steadily since summer lows, indicating resilience despite external challenges [1] - A modest decline was observed on Thursday following the release of earnings that were largely in line with expectations [1] Group 2: Analyst Insights - The article reflects a contrarian investment approach based on macro views and stock-specific turnaround stories, aiming for outsized returns with a favorable risk/reward profile [1]
CenterPoint Energy Q4 Earnings In Line With Estimates, Revenues Rise Y/Y
ZACKS· 2025-02-20 19:30
Core Insights - CenterPoint Energy, Inc. (CNP) reported fourth-quarter 2024 adjusted earnings of 40 cents per share, a 25% increase from 32 cents in the same quarter last year, attributed to lower operating and maintenance expenses and favorable regulatory recovery [1] - The company's GAAP earnings were 38 cents per share, reflecting a 26.7% improvement from the prior year's 30 cents [2] - For the full year 2024, adjusted earnings were reported at $1.62 per share, up from $1.50 in the previous year, aligning with the Zacks Consensus Estimate [2] Revenue Performance - CNP generated revenues of $2.26 billion in the fourth quarter, missing the Zacks Consensus Estimate of $2.28 billion by 0.9%, but showing a 3.7% increase from the previous year's figure [3] - For the full year 2024, revenues totaled $8.64 billion, which was below the Zacks Consensus Estimate of $8.66 billion and 0.6% lower than the previous year's revenue [3] Operational Results - Total expenses for 2024 decreased by 4.1% year over year to $6.65 billion, while operating income rose to $1.99 billion from $1.76 billion a year ago [4] - Interest expenses and other finance charges increased to $818 million, a 19.6% rise from $684 million in the previous year [4] Financial Condition - As of December 31, 2024, cash and cash equivalents stood at $24 million, down from $90 million a year earlier [5] - Total long-term debt increased to $20.40 billion from $17.56 billion as of December 31, 2023 [5] - Net cash flow from operating activities was $2.13 billion, a decrease from $3.88 billion in the prior year [5] - Total capital expenditure was reported at $4.51 million, slightly up from $4.44 billion a year ago [5] 2025 Guidance - CenterPoint Energy reaffirmed its 2025 earnings guidance, expecting adjusted earnings in the range of $1.74-$1.76 per share, with the Zacks Consensus Estimate at $1.75 per share [6] Zacks Rank - CNP currently holds a Zacks Rank 2 (Buy) [7]
CenterPoint Energy(CNP) - 2024 Q4 - Earnings Call Presentation
2025-02-20 17:49
FOURTH QUARTER & FY 2024 INVESTOR UPDATE Cautionary Statement and Other Disclaimer This presentation and the oral statements made in connection herewith contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical fact included in this presentation and the oral statements made in connection herewith are forward-looking statements made in good faith by CenterPoint ...
CenterPoint Energy(CNP) - 2024 Q4 - Earnings Call Transcript
2025-02-20 17:48
CenterPoint Energy, Inc. (NYSE:CNP) Q4 2024 Earnings Conference Call February 20, 2025 8:00 AM ET Company Participants Jackie Richert - SVP, Corporate Planning, IR and Treasurer Jason Wells - CEO Chris Foster - CFO Conference Call Participants Steve Fleishman - Wolfe Research Shahriar Pourreza - Guggenheim James Thalacker - BMO Capital Markets Jeremy Tonet - JPMorgan Securities Durgesh Chopra - Evercore David Arcaro - Morgan Stanley Julien Dumoulin-Smith - Jefferies Operator Good morning and welcome to Cent ...
CenterPoint (CNP) Reports Q4 Earnings: What Key Metrics Have to Say
ZACKS· 2025-02-20 15:36
For the quarter ended December 2024, CenterPoint Energy (CNP) reported revenue of $2.26 billion, up 3.7% over the same period last year. EPS came in at $0.40, compared to $0.32 in the year-ago quarter.The reported revenue represents a surprise of -0.91% over the Zacks Consensus Estimate of $2.28 billion. With the consensus EPS estimate being $0.40, the company has not delivered EPS surprise.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compa ...
CenterPoint Energy (CNP) Matches Q4 Earnings Estimates
ZACKS· 2025-02-20 13:26
CenterPoint Energy (CNP) came out with quarterly earnings of $0.40 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.32 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this energy delivery company would post earnings of $0.36 per share when it actually produced earnings of $0.31, delivering a surprise of -13.89%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.CenterPoint, ...
CenterPoint Energy(CNP) - 2024 Q4 - Annual Results
2025-02-20 11:16
FOURTH QUARTER & FY 2024 INVESTOR UPDATE Cautionary Statement and Other Disclaimer This presentation and the oral statements made in connection herewith contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exi slatements of hisbical for his presentation and the oral statements made in connection herevilt are fonard-looking statements mate in the Cremerint Energi chil, crear (cont and quidance, growth, costs, prospects, captial ...
CenterPoint Energy(CNP) - 2024 Q4 - Annual Report
2025-02-20 11:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________ Form 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO | Registrant, State or Other Jurisdiction | | | | | | | --- | --- | --- | --- | --- | --- | | of Incorporation or Organization | | | | | ...