A Director at Centerpoint Energy (NYSE: CNP) is Selling Shares

Today, a Director at Centerpoint Energy (NYSE: CNP), Ted Pound, sold shares of CNP for $84.42K.

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Based on Centerpoint Energy’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $3.1 billion and quarterly net profit of $165 million. In comparison, last year the company earned revenue of $2.64 billion and had a net profit of $192 million. CNP’s market cap is $11.49B and the company has a P/E ratio of 6.55. Currently, Centerpoint Energy has an average volume of 10.32M.

Based on 4 analyst ratings, the analyst consensus is Hold with an average price target of $28.25, reflecting a -6.0% downside.

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CenterPoint Energy, Inc. is a holding company, which engages in power generation and distribution. It operates through the following segments: Electric Transmission & Distribution; Natural Gas Distribution; Energy Services; Midstream Investments; and Other Operations.