Analyst Activity – Barclays PLC Raises Its Price Target On CenterPoint Energy (NYSE:CNP) to $29.00

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Analyst Ratings For CenterPoint Energy (NYSE:CNP)

Today, Barclays PLC raised its price target on CenterPoint Energy (NYSE:CNP) to $29.00 per share.

There are 1 sell rating, 8 hold ratings, 2 buy ratings on the stock.

The current consensus rating on CenterPoint Energy (NYSE:CNP) is Hold (Score: 2.09) with a consensus target price of $25.63 per share, a potential 6.65% downside.

Some recent analyst ratings include

  • 3/16/2017-Royal Bank of Canada was Downgraded by analysts at Royal Bank of Canada from a “Outperform ” rating to a ” Sector Perform” rating. They now have a $28.00 price target on the stock, up previously from $17.00 .
  • 11/8/2016-Credit Suisse Group AG was Downgraded by analysts at Credit Suisse Group AG from a “Neutral ” rating to a ” Underperform” rating. They now have a $25.00 price target on the stock, up previously from $24.00 .
  • 11/3/2016-Guggenheim initiated coverage with a Buy rating.
  • 9/12/2016-Evercore ISI initiated coverage with a Hold rating.

Dividend information for CenterPoint Energy (NYSE:CNP)

CenterPoint Energy (NYSE:CNP) pays an annual dividend of $1.03 with a yield of 3.75% and an average dividend growth of 7.50% based on a 3 Year Average..

Dividend History for CenterPoint Energy (NYSE:CNP)

  • On 1/5/2017 CenterPoint Energy announced a quarterly dividend of $0.27 4.22% with an ex dividend date of 2/14/2017 which will be payable on 3/10/2017.
  • On 10/27/2016 CenterPoint Energy announced a quarterly dividend of $0.26 4.57% with an ex dividend date of 11/14/2016 which will be payable on 12/9/2016.
  • On 7/28/2016 CenterPoint Energy announced a quarterly dividend of $0.26 4.31% with an ex dividend date of 8/12/2016 which will be payable on 9/9/2016.
  • On 4/28/2016 CenterPoint Energy announced a quarterly dividend of $0.26 4.8% with an ex dividend date of 5/12/2016 which will be payable on 6/10/2016.
  • On 1/20/2016 CenterPoint Energy announced a quarterly dividend of $0.26 5.68% with an ex dividend date of 2/9/2016 which will be payable on 3/10/2016.
  • On 10/21/2015 CenterPoint Energy announced a quarterly dividend of $0.25 5.18% with an ex dividend date of 11/10/2015 which will be payable on 12/10/2015.
  • On 7/24/2015 CenterPoint Energy announced a quarterly dividend of $0.25 5.3% with an ex dividend date of 8/12/2015 which will be payable on 9/10/2015.

Recent Insider Trading Activity For CenterPoint Energy (NYSE:CNP)
CenterPoint Energy (NYSE:CNP) has insider ownership of 0.15% and institutional ownership of 72.50%.

  • On 5/13/2016 Joseph B Mcgoldrick, VP, sold 9,000 with an average share price of $22.23 per share and the total transaction amounting to $200,070.00. View SEC Filing
  • On 11/16/2015 Janiece M Longoria, Director, sold 3,000 with an average share price of $17.03 per share and the total transaction amounting to $51,090.00. View SEC Filing
  • On 6/2/2015 Tracy B Bridge, VP, bought 10,000 with an average share price of $19.80 per share and the total transaction amounting to $198,000.00. View SEC Filing
  • On 6/1/2015 Tracy B Bridge, VP, bought 10,000 with an average share price of $20.20 per share and the total transaction amounting to $202,000.00. View SEC Filing
  • On 5/15/2015 Phillip R Smith, Director, bought 2,000 with an average share price of $20.28 per share and the total transaction amounting to $40,560.00. View SEC Filing
  • On 5/14/2015 Joseph B Mcgoldrick, VP, bought 10,000 with an average share price of $20.15 per share and the total transaction amounting to $201,500.00. View SEC Filing
  • On 5/13/2015 William D Rogers, CFO, bought 20,000 with an average share price of $19.81 per share and the total transaction amounting to $396,200.00. View SEC Filing

About CenterPoint Energy (NYSE:CNP)
CenterPoint Energy, Inc. is a public utility holding company. The Company’s segments include Electric Transmission & Distribution, Natural Gas Distribution, Energy Services, Midstream Investments and Other Operations. Its Electric Transmission & Distribution segment provides electric transmission and distribution services to retail electric providers. Its Natural Gas Distribution segment offers intrastate natural gas sales to and natural gas transportation and distribution for residential, commercial and industrial customers. Its Energy Services segment includes non-rate regulated gas sales to, and transportation and storage services for, commercial and industrial customers. Its Midstream Investments segment includes equity investment in Enable Midstream Partners, LP (Enable) that owns, operates and develops natural gas and crude oil assets. Its Other Operations segment includes office buildings and other real estate used in its business operations and other corporate operations.

Recent Trading Activity for CenterPoint Energy (NYSE:CNP)
Shares of CenterPoint Energy closed the previous trading session at 27.45 down -0.23 -0.83% with 2,932,954 shares trading hands.

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