CenterPoint Energy Finalizes Major Stock Sale Agreement

Centerpoint Energy ( (CNP) ) has provided an update.

On May 27, 2025, CenterPoint Energy entered into an Underwriting Agreement with BofA Securities, Mizuho Securities, and J.P. Morgan Securities, involving the sale of 21,621,622 shares of its common stock, with an option for an additional 3,243,243 shares, which was exercised on May 28, 2025. The agreements, including forward sale agreements with forward purchasers, allow for settlement by February 2027 and involve potential impacts on the company’s earnings per share and market price, depending on how the forward sale agreements are settled.

The most recent analyst rating on (CNP) stock is a Hold with a $28.00 price target. To see the full list of analyst forecasts on Centerpoint Energy stock, see the CNP Stock Forecast page.

Spark’s Take on CNP Stock

According to Spark, TipRanks’ AI Analyst, CNP is a Neutral.

CenterPoint Energy presents a mixed outlook. The company maintains stable operational performance with strong income margins and low leverage but faces revenue growth and cash flow challenges. Technical analysis signals a positive trend, while valuation metrics are fair. The recent earnings call and corporate events highlight strategic growth plans and robust earnings, contributing positively to the score.

To see Spark’s full report on CNP stock, click here.

More about Centerpoint Energy

CenterPoint Energy, Inc. is a Texas-based corporation operating in the energy sector, primarily focusing on electricity and natural gas distribution. The company is involved in providing essential energy services to its customers, with a market focus on delivering reliable and affordable energy solutions.

Average Trading Volume: 5,826,704

Technical Sentiment Signal: Buy

Current Market Cap: $24.63B

For an in-depth examination of CNP stock, go to TipRanks’ Stock Analysis page.