$0.42 EPS Expected for CenterPoint Energy, Inc. (CNP) as of May, 4

May 3, 2018 - By Carey Conley

CenterPoint Energy, Inc. (NYSE:CNP) Corporate Logo
During Q4 2017 the big money sentiment decreased to 1.04. That’s change of 0.08, from 2017Q3’s 1.12. 24 investors sold all, 166 reduced holdings as CenterPoint Energy, Inc. ratio turned negative. 149 rose positions while 48 funds amassed positions. Funds hold 316.82 million shares thus 2.20% less from 2017Q3’s 323.95 million shares.
Dana Inv Advsrs holds 0.66% of its capital in CenterPoint Energy, Inc. (NYSE:CNP) for 534,686 shs. Jane Street Grp Inc Limited Liability Corporation holds 14,024 shs or 0% of its capital. Paloma Prns Mgmt Company reported 0.02% of its capital in CenterPoint Energy, Inc. (NYSE:CNP). Gateway Investment Advisers Limited reported 0.16% of its capital in CenterPoint Energy, Inc. (NYSE:CNP). Franklin Resource holds 5.47 million shs or 0.07% of its capital. Principal Group invested in 0.04% or 1.68M shs. Hennessy accumulated 899,028 shs. Pacad Investment reported 9,700 shs. Maryland-based Profund Advisors Ltd Limited Liability Company has invested 0.04% in CenterPoint Energy, Inc. (NYSE:CNP). Gam Hldg Ag invested in 0.02% or 23,974 shs. Barnett Co holds 0.01% or 500 shs. Gradient Limited Liability Co stated it has 0% of its capital in CenterPoint Energy, Inc. (NYSE:CNP). Global X Management Co Ltd Com stated it has 0.02% in CenterPoint Energy, Inc. (NYSE:CNP). Swiss Natl Bank reported 1.51M shs. Meeder Asset Mgmt stated it has 0.25% in CenterPoint Energy, Inc. (NYSE:CNP).

CenterPoint Energy, Inc. had 5 insider sales and 0 insider purchases since January 2, 2018. This’s net activity of $1.37 million. CARROLL MILTON had sold 43,363 shs worth $1.18M on Wednesday, February 28.

Earnings report for CenterPoint Energy, Inc. (NYSE:CNP) is anticipated on May, 4 before the open., RTT reports. earnings per share of $0.42 is 13.51 % up from 2017’s $0.37 EPS. If reported the P/E will be 15.15 with $181.21 million profit. 27.27 % EPS growth is what analysts predict. $0.33 earnings per share was announced for last quarter. CNP is hitting $25.46 during the last trading session, after increased 0.08%.CenterPoint Energy, Inc. has volume of 5.01M shares. Since May 3, 2017 CNP has declined 2.17% and is downtrending. CNP underperformed the S&P500 by 13.72%.

CenterPoint Energy, Inc. (NYSE:CNP) Ratings Coverage

Total analysts of 5 have positions in CenterPoint Energy (NYSE:CNP) as follows: 0 rated it a “Buy”, 1 with “Sell” and 4 with “Hold”. The positive are 0. The firm has $30 highest while $2700 is the lowest target price. The average target $27.50 is 8.01% above the last ($25.46) price. Since November 20, 2017 according to StockzIntelligence Inc CenterPoint Energy has 13 analyst reports. On Monday, December 4 the stock has “Neutral” rating by Guggenheim. In Friday, February 23 report SunTrust maintained the stock with “Hold” rating. On Monday, March 19 the stock of CenterPoint Energy, Inc. (NYSE:CNP) earned “Hold” rating by SunTrust. On Monday, November 20 the company was maintained by Citigroup. On Monday, February 12 the firm has “Hold” rating by SunTrust given. On Thursday, March 22 the stock of CenterPoint Energy, Inc. (NYSE:CNP) earned “Sell” rating by Bank of America. On Monday, April 2 SunTrust maintained CenterPoint Energy, Inc. (NYSE:CNP) rating. SunTrust has “Hold” rating and $2800 target. On Tuesday, April 10 JP Morgan maintained CenterPoint Energy, Inc. (NYSE:CNP) with “Neutral” rating. On Tuesday, April 24 the rating was maintained by JP Morgan with “Neutral”. On Tuesday, December 26 the company was maintained by SunTrust.

CenterPoint Energy, Inc. operates as a public utility holding firm in the United States.The firm is valued at $10.99 billion. The company's Electric Transmission & Distribution segment offers electric transmission and distribution services to retail electric providers, municipalities, electric cooperatives, and other distribution companies.6.16 is the P/E ratio. As of December 31, 2016, this segment owned 28,702 pole miles of overhead distribution lines and 3,692 circuit miles of overhead transmission lines; 23,937 circuit miles of underground distribution lines and 26 circuit miles of underground transmission lines; and 232 substations with a capacity of 60,854 megavolt amperes.

CenterPoint Energy, Inc. (NYSE:CNP) Institutional Investors Chart

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