CenterPoint Energy, Inc. (NYSE:CNP) Updates On Dividend Release Date


On 2016-07-28, CenterPoint Energy, Inc. (NYSE:CNP) confirmed the dividend disbursement of $0.257 a share to shareholders as on record 2016-08-16. The firm will release dividend on 2016-09-09 while ex-dividend date is reported to be 2016-08-12.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, CenterPoint Energy, Inc. (NYSE:CNP) paid a total of $0.257 per share in dividends. This figure stood at $0.257 a share in the same period a year ago indicating a deviation of 4.2105%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $24.75 on the stock. This figure is the average of recommendations offered by 4 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $27 and $24, respectively.

Taking the mathematical rating formula, the price for CenterPoint Energy, Inc. (NYSE:CNP) stands at 3. Earnings Review CenterPoint Energy, Inc. (NYSE:CNP) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-03. For the period ending on 2016-09-30, experts are expecting EPS of $0.36.

Coming to the quarter ending on 2015-12-31, CenterPoint Energy, Inc. (NYSE:CNP) recorded EPS of $0.17. The reported numbers came lower than the analysts’ estimates of $0.2, demonstrating a miss of $-0.03 as against reported figures.

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