Media headlines about CenterPoint Energy (NYSE:CNP) have been trending somewhat positive on Friday, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. CenterPoint Energy earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned news articles about the utilities provider an impact score of 46.6972066685913 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Here are some of the media stories that may have impacted Accern Sentiment Analysis’s rankings:

CenterPoint Energy (CNP) opened at $29.81 on Friday. CenterPoint Energy has a 52-week low of $22.32 and a 52-week high of $30.45. The company has a current ratio of 0.91, a quick ratio of 0.81 and a debt-to-equity ratio of 2.08. The company has a market capitalization of $12,909.45, a P/E ratio of 22.86, a P/E/G ratio of 4.14 and a beta of 0.64.

CenterPoint Energy (NYSE:CNP) last issued its quarterly earnings results on Friday, November 3rd. The utilities provider reported $0.39 EPS for the quarter, meeting the consensus estimate of $0.39. CenterPoint Energy had a return on equity of 16.00% and a net margin of 6.59%. The firm had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $2.07 billion. During the same period in the prior year, the firm posted $0.41 earnings per share. The business’s quarterly revenue was up 11.1% compared to the same quarter last year. equities analysts predict that CenterPoint Energy will post 1.31 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 8th. Investors of record on Thursday, November 16th will be given a dividend of $0.2675 per share. The ex-dividend date is Wednesday, November 15th. This represents a $1.07 annualized dividend and a yield of 3.59%. CenterPoint Energy’s dividend payout ratio (DPR) is presently 78.10%.

Several brokerages have issued reports on CNP. Royal Bank Of Canada reiterated a “hold” rating and issued a $29.00 price objective on shares of CenterPoint Energy in a research report on Monday, September 11th. Zacks Investment Research downgraded CenterPoint Energy from a “buy” rating to a “hold” rating in a research report on Tuesday. Bank of America Corporation began coverage on CenterPoint Energy in a report on Tuesday, October 24th. They issued a “neutral” rating and a $30.00 price objective for the company. BidaskClub upgraded CenterPoint Energy from a “buy” rating to a “strong-buy” rating in a report on Wednesday, August 23rd. Finally, J P Morgan Chase & Co set a $30.00 price objective on CenterPoint Energy and gave the company a “hold” rating in a report on Thursday, October 12th. Nine investment analysts have rated the stock with a hold rating and one has given a strong buy rating to the company. The company has an average rating of “Hold” and an average price target of $28.75.

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In related news, CEO Scott M. Prochazka sold 1,000 shares of the stock in a transaction that occurred on Friday, September 1st. The stock was sold at an average price of $29.61, for a total transaction of $29,610.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold 3,000 shares of company stock valued at $88,300 over the last three months. Insiders own 0.20% of the company’s stock.

About CenterPoint Energy

CenterPoint Energy, Inc is a public utility holding company. The Company, through its subsidiaries, owns and operates electric transmission and distribution facilities, and natural gas distribution facilities. The Electric Transmission & Distribution segment provides electric transmission and distribution services to retail electric providers.

Insider Buying and Selling by Quarter for CenterPoint Energy (NYSE:CNP)

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