CenterPoint Energy (CNP) Competitors

$30.08
+0.14 (+0.47%)
(As of 05/17/2024 ET)

CNP vs. DTE, D, EBR, FTS, PPL, ES, NRG, FE, ETR, and AGR

Should you be buying CenterPoint Energy stock or one of its competitors? The main competitors of CenterPoint Energy include DTE Energy (DTE), Dominion Energy (D), Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR), Fortis (FTS), PPL (PPL), Eversource Energy (ES), NRG Energy (NRG), FirstEnergy (FE), Entergy (ETR), and Avangrid (AGR). These companies are all part of the "electric services" industry.

CenterPoint Energy vs.

CenterPoint Energy (NYSE:CNP) and DTE Energy (NYSE:DTE) are both large-cap utilities companies, but which is the superior investment? We will compare the two businesses based on the strength of their dividends, profitability, analyst recommendations, institutional ownership, earnings, valuation, risk, media sentiment and community ranking.

CenterPoint Energy pays an annual dividend of $0.80 per share and has a dividend yield of 2.7%. DTE Energy pays an annual dividend of $4.08 per share and has a dividend yield of 3.5%. CenterPoint Energy pays out 56.3% of its earnings in the form of a dividend. DTE Energy pays out 66.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

CenterPoint Energy has a beta of 0.91, indicating that its stock price is 9% less volatile than the S&P 500. Comparatively, DTE Energy has a beta of 0.64, indicating that its stock price is 36% less volatile than the S&P 500.

In the previous week, DTE Energy had 6 more articles in the media than CenterPoint Energy. MarketBeat recorded 14 mentions for DTE Energy and 8 mentions for CenterPoint Energy. DTE Energy's average media sentiment score of 1.26 beat CenterPoint Energy's score of 1.06 indicating that DTE Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
CenterPoint Energy
5 Very Positive mention(s)
3 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
DTE Energy
9 Very Positive mention(s)
3 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

DTE Energy received 18 more outperform votes than CenterPoint Energy when rated by MarketBeat users. Likewise, 58.30% of users gave DTE Energy an outperform vote while only 56.20% of users gave CenterPoint Energy an outperform vote.

CompanyUnderperformOutperform
CenterPoint EnergyOutperform Votes
449
56.20%
Underperform Votes
350
43.80%
DTE EnergyOutperform Votes
467
58.30%
Underperform Votes
334
41.70%

91.8% of CenterPoint Energy shares are owned by institutional investors. Comparatively, 76.1% of DTE Energy shares are owned by institutional investors. 0.2% of CenterPoint Energy shares are owned by company insiders. Comparatively, 0.6% of DTE Energy shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

CenterPoint Energy has a net margin of 11.03% compared to DTE Energy's net margin of 10.36%. DTE Energy's return on equity of 11.53% beat CenterPoint Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
CenterPoint Energy11.03% 10.57% 2.61%
DTE Energy 10.36%11.53%2.83%

CenterPoint Energy currently has a consensus target price of $30.18, suggesting a potential upside of 0.34%. DTE Energy has a consensus target price of $115.50, suggesting a potential downside of 0.94%. Given CenterPoint Energy's higher possible upside, research analysts plainly believe CenterPoint Energy is more favorable than DTE Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
CenterPoint Energy
1 Sell rating(s)
4 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.45
DTE Energy
0 Sell rating(s)
4 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.64

DTE Energy has higher revenue and earnings than CenterPoint Energy. DTE Energy is trading at a lower price-to-earnings ratio than CenterPoint Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
CenterPoint Energy$8.70B2.21$917M$1.4221.18
DTE Energy$12.75B1.89$1.40B$6.1119.08

Summary

DTE Energy beats CenterPoint Energy on 13 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CNP and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CNP vs. The Competition

MetricCenterPoint EnergyElectric services IndustryUtilities SectorNYSE Exchange
Market Cap$19.24B$13.40B$12.20B$18.07B
Dividend Yield2.69%4.60%4.06%3.43%
P/E Ratio21.1815.8885.3223.61
Price / Sales2.2128.9028.8910.23
Price / Cash7.828.4818.1020.15
Price / Book1.921.611.886.01
Net Income$917M$664.86M$593.37M$966.25M
7 Day Performance1.28%0.41%1.48%1.87%
1 Month Performance8.61%11.23%7.62%7.14%
1 Year Performance4.74%8.42%3.12%22.43%

CenterPoint Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
DTE
DTE Energy
4.7484 of 5 stars
$113.34
+0.8%
$115.50
+1.9%
+6.9%$23.28B$12.21B18.559,950Insider Selling
Analyst Revision
Positive News
D
Dominion Energy
4.5025 of 5 stars
$52.12
+1.4%
$50.73
-2.7%
+0.5%$43.66B$14.39B26.8717,700Short Interest ↑
EBR
Centrais Elétricas Brasileiras S.A. - Eletrobrás
0.7842 of 5 stars
$7.88
+0.9%
N/A+7.0%$18.12B$7.44B0.008,328
FTS
Fortis
4.0637 of 5 stars
$40.22
+0.3%
$55.13
+37.1%
-6.4%$19.83B$8.53B17.339,600
PPL
PPL
3.9487 of 5 stars
$28.36
+1.0%
$32.27
+13.8%
+7.2%$20.92B$8.31B27.536,629Dividend Announcement
ES
Eversource Energy
4.1586 of 5 stars
$61.17
+2.4%
$66.23
+8.3%
-17.7%$21.45B$11.91B-51.8410,171Analyst Forecast
Positive News
NRG
NRG Energy
4.6308 of 5 stars
$73.40
-5.8%
$59.50
-18.9%
+146.3%$15.76B$28.82B-68.6018,131Analyst Forecast
Positive News
High Trading Volume
FE
FirstEnergy
3.039 of 5 stars
$39.34
+1.0%
$39.80
+1.2%
+4.4%$22.42B$12.93B22.6112,042
ETR
Entergy
4.8358 of 5 stars
$110.58
+1.4%
$109.45
-1.0%
+10.7%$23.61B$12.15B11.0912,177Short Interest ↓
Analyst Revision
AGR
Avangrid
4.3026 of 5 stars
$36.78
-0.1%
$34.75
-5.5%
-7.6%$14.23B$8.31B15.927,999News Coverage
Gap Down

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This page (NYSE:CNP) was last updated on 5/18/2024 by MarketBeat.com Staff

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