RBC Capital Reiterates Outperform on CenterPoint Energy, Maintains $33 Price Target
RBC Capital analyst Shelby Tucker reiterates CenterPoint Energy (NYSE:CNP) with a Outperform and maintains $33 price target.
Earnings Scheduled For February 17, 2023
Companies Reporting Before The Bell
• Associated Capital Group (NYSE:AC) is expected to report quarterly loss at $0.21 per share on revenue of $4.39 billion.
CenterPoint Energy Q4 EPS $0.28 Misses $0.29 Estimate
CenterPoint Energy (NYSE:CNP) reported quarterly earnings of $0.28 per share which missed the analyst consensus estimate of $0.29 by 3.45 percent. This is a 22.22 percent decrease over earnings of $0.36 per share from
S&P 500 Down 1%; Crude Oil Drops Over 2%
U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite dropping around 175 points on Monday.
The Dow traded down 0.59% to 33,777.39 while the NASDAQ fell 1.58% to 11,438.31. The S&P 500 also fell, dropping, 1.03% to 4,028.82.
Benzinga’s Top Ratings Upgrades, Downgrades For January 17, 2023
Upgrades For Casa Systems Inc (NASDAQ:CASA), Northland Capital Markets upgraded the previous rating of Market Perform to Outperform.…
After A ‘Good Run’ For Utilities In 2022, Analyst Says ‘Trade Is Over – For Now,’ But Retains Bullish Bias On These Stocks
The utility sector is generally credited as an “all-weather” investment, given its defensive nature and the steady returns it generates in the form of dividends.
Keybanc Downgrades CenterPoint Energy to Sector Weight
Keybanc analyst Sophie Karp downgrades CenterPoint Energy (NYSE:CNP) from Overweight to Sector Weight.
CenterPoint Energy Announces Organizational Changes
New streamlined structure supports continued execution of long-term growth strategy and advances company's succession planning efforts
HOUSTON, Jan. 3, 2023 /PRNewswire/ -- CenterPoint Energy, Inc.
Reported Late Thursday, CenterPoint Energy Increases Regular Common Stock Dividend From $0.18 To $0.19
Common Stock Dividend
The company's board of directors declared a regular quarterly cash dividend of $0.1900 per share on the issued and outstanding shares of Common Stock payable on March 9,
Morgan Stanley Maintains Overweight on CenterPoint Energy, Raises Price Target to $31
Morgan Stanley analyst Stephen Byrd maintains CenterPoint Energy (NYSE:CNP) with a Overweight and raises the price target from $29 to $31.