CenterPoint Energy's Growth Offsets Increased Share Issuance [Seeking Alpha]
CenterPoint Energy, Inc (Holding Co) (CNP)
Last centerpoint energy, inc (holding co) earnings: 2/27 06:30 am
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US:NYSE Investor Relations:
investors.centerpointenergy.com
Company Research
Source: Seeking Alpha
Bond yields have a significant impact on utility stocks like CenterPoint Energy, and interest rate movements can drive share price performance. The company's financial performance has been solid, with earnings and dividends rising in 2023, and it is focused on growing its rate base in the high-growth Texas market. That said, increased equity issuance does increase the risk dividend growth comes in at the low end of long-term targets. Shares of CenterPoint Energy ( NYSE: CNP ) have been a poor performer over the past year, essentially treading water during what has been a strong bull market run. Since recommending shares as a “buy” in November , CNP has continued to trade flat, lagging the S&P 500's double-digit return. I continue to believe the company has very favorable geographic positioning and is poised for solid dividend growth, though recent developments have been somewhat mixed. On balance, I still view shares as a buy. Before turning to company fundamentals, I believe
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High impacting CenterPoint Energy, Inc (Holding Co) news events
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CNP
News
- CenterPoint Energy reports 2024 annual shareholder meeting results [Yahoo! Finance]Yahoo! Finance
- CenterPoint Energy reports 2024 annual shareholder meeting resultsPR Newswire
- CenterPoint Energy declares regular Common Stock dividend of $0.2000PR Newswire
- What's in Store for CenterPoint Energy (CNP) in Q1 Earnings? [Yahoo! Finance]Yahoo! Finance
- Bullish CenterPoint Energy Insiders Loaded Up On US$1.41m Of Stock [Yahoo! Finance]Yahoo! Finance
CNP
Earnings
- 2/20/24 - Miss
CNP
Sec Filings
- 4/1/24 - Form PX14A6G
- 3/15/24 - Form DEFA14A
- 3/15/24 - Form DEF
- CNP's page on the SEC website