Ladenburg Thalmann initiated coverage on CenterPoint with a new price target
$CNP
Electric Utilities: Central
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Ladenburg Thalmann initiated coverage of CenterPoint with a rating of Buy and set a new price target of $34.50
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/12/2024 | $34.50 | Buy | Ladenburg Thalmann |
| 12/3/2024 | $31.00 → $37.00 | Neutral → Buy | UBS |
| 9/12/2024 | $29.00 | Neutral | BofA Securities |
| 8/13/2024 | $32.00 → $28.00 | Overweight → Equal Weight | Wells Fargo |
| 8/2/2024 | $31.00 → $28.00 | Outperform → Market Perform | BMO Capital Markets |
| 8/2/2024 | Overweight → Sector Weight | KeyBanc Capital Markets | |
| 8/2/2024 | $32.00 → $29.00 | Overweight → Neutral | JP Morgan |
| 7/17/2024 | $30.00 → $29.00 | Overweight → Equal-Weight | Morgan Stanley |
Texas, Louisiana and Mississippi teams prepare for potential storms and severe weather this weekend and major cold snap next week Indiana and Ohio teams prepare for ice and snowstorms expected next week HOUSTON, Jan. 3, 2025 /PRNewswire/ -- CenterPoint Energy continues to actively monitor potentially severe cold weather projected to impact parts of the company's service territories in Texas, Louisiana, Mississippi, Indiana and Ohio over the coming days. CenterPoint has taken a series of proactive pre-winter preparedness actions to strengthen and winterize its electric and natural gas infrastructure across its multiple states, as well as inspect and test cold-weather critical equipment ahead
Company encourages customers to make 2025 their most energy efficient year yet HOUSTON, Dec. 31, 2024 /PRNewswire/ -- CenterPoint Energy encourages customers to keep safety and energy efficiency top of mind with this simple New Year's resolution checklist that can help save energy, improve safety and simplify life at home. From small changes to big impacts, these tips can assist in starting the year off right. Here's a checklist of resolutions to help inspire a brighter, more energy-efficient and safer 2025: Power Up Your Energy Efficiency Start your energy efficiency journey.
Proposal would send all 15 large emergency generation units to the San Antonio region for two years starting in Spring 2025 Company would make no revenue or profit off the proposal to help ERCOT and the State; Greater Houston Area customer bills would be reduced starting in Spring 2025 HOUSTON, Dec. 19, 2024 /PRNewswire/ -- Today, CenterPoint Energy (CNP) proposed a solution to help the Electric Reliability Council of Texas (ERCOT) and the State of Texas to help offset the projected electricity supply shortfall starting in summer 2025 around the greater San Antonio region. CenterPoint has put forward a proposal to support ERCOT's and State's energy replacement needs while reducing Greater Ho
8-K - CENTERPOINT ENERGY INC (0001130310) (Filer)
8-K - CENTERPOINT ENERGY INC (0001130310) (Filer)
8-K - CENTERPOINT ENERGY INC (0001130310) (Filer)
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4 - CENTERPOINT ENERGY INC (0001130310) (Issuer)
4 - CENTERPOINT ENERGY INC (0001130310) (Issuer)
HOUSTON, Dec. 13, 2024 /PRNewswire/ -- CenterPoint Energy, Inc.'s (NYSE:CNP) Board of Directors today declared a regular quarterly cash dividend of $0.2200 per share on the issued and outstanding shares of Common Stock payable on March 13, 2025 to shareholders of record at the close of business on February 20, 2025. This quarterly dividend represents a $0.010 increase over the prior quarter. This dividend growth rate aligns with the high end of the company's previously announced 6-8% non-GAAP earnings per share growth target. About CenterPoint Energy, Inc.As the only investor-
Reported Q3 2024 earnings per diluted share of $0.30 on a GAAP basis and $0.31 earnings per diluted share on a non-GAAP basis ("non-GAAP EPS") Reiterated 2024 non-GAAP EPS guidance range of $1.61-$1.63 per diluted share, which represents 8% growth over full-year 2023 non-GAAP EPS at the midpoint1 Initiated 2025 non-GAAP guidance range of $1.74-$1.76 per diluted share, which at the midpoint represents 8% growth from the 2024 midpoint and further maintains non-GAAP EPS growth target through 2030 of the mid-to-high end of 6%-8% annually1 CenterPoint Energy, Inc. (NYSE:CNP) or "CenterPoint" today reported income available to common shareholders of $193 million, or $0.30 per diluted sha
Houston, TX, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Date: October 28, 2024 Time: 7:00 a.m. Central time or 8:00 a.m. Eastern time Listen via internet: http://investors.centerpointenergy.com/ Click "Investors", and click the link "CenterPoint Energy, Inc. First Quarter 2024 Earnings Conference Call" As the only investor owned electric and gas utility based in Texas, CenterPoint Energy, Inc. (NYSE:CNP) is an energy delivery company with electric transmission and distribution, power generation and natural gas distribution operations that serve more than 7 million metered customers in Indiana, Louisiana, Minnesota, Mississippi, Ohio and Texas. As of June 30, 2024 the company owned approxim
In the news release, CenterPoint Energy appoints Dean Seavers as new Board member, issued 16-Dec-2024 by CenterPoint Energy, Inc over PR Newswire, the Forward-Looking Statement paragraph was incorrectly transmitted by PR Newswire. The complete, corrected release follows: CenterPoint Energy appoints Dean Seavers as new Board member HOUSTON, Dec. 16, 2024 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE:CNP) today announced the appointment of Dean Seavers, former President of National Grid U.S. and Executive Director of National Grid's parent company, to its Board of Directors, effective Dec. 31, 2024. Seavers brings a background of deep electric and gas utility experience to the Board as wel
HOUSTON, Dec. 16, 2024 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE:CNP) today announced the appointment of Dean Seavers, former President of National Grid U.S. and Executive Director of National Grid's parent company, to its Board of Directors, effective Dec. 31, 2024. Seavers brings a background of deep electric and gas utility experience to the Board as well as currently serving as a Senior Advisor for Stifel Financial. His appointment will fill a vacancy on the Board and he is expected to stand for election as a director at the company's annual meeting of shareholders in 2025.
Additional senior leadership team hire underscores the company's commitment to improving emergency preparation, management and coordination after Hurricane Beryl HOUSTON, Oct. 28, 2024 /PRNewswire/ -- CenterPoint Energy announced today the hiring of a new senior leader with tested industry experience in emergency management to transform its Emergency Preparedness and Response strategy. This enterprise leadership position underscores CenterPoint's commitment to improving its emergency response and coordination following Hurricane Beryl, and represents completing another of the more than 40 commitments CenterPoint made as part of the Greater Houston Resiliency Initiative (GHRI) in August.
3 - CENTERPOINT ENERGY INC (0001130310) (Issuer)
4 - CENTERPOINT ENERGY INC (0001130310) (Issuer)
4 - CENTERPOINT ENERGY INC (0001130310) (Issuer)
Ladenburg Thalmann initiated coverage of CenterPoint with a rating of Buy and set a new price target of $34.50
UBS upgraded CenterPoint from Neutral to Buy and set a new price target of $37.00 from $31.00 previously
BofA Securities resumed coverage of CenterPoint with a rating of Neutral and set a new price target of $29.00
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