CenterPoint Energy Surges to 477th in Daily Rankings with $214 Million Turnover

Generated by AI AgentAinvest Volume Radar
Friday, Jul 18, 2025 6:05 pm ET1min read
Aime RobotAime Summary

- CenterPoint Energy (CNP) surged to 477th in daily rankings with $214M turnover, a 73.13% jump on July 18, 2025.

- The stock rose 2.03% for the third consecutive day, totaling 3.33% gains, while maintaining a 2.41% dividend yield.

- Jennison Associates LLC cut its CNP stake by 12.4% in Q1, reflecting portfolio adjustments amid market dynamics.

- Analysts gave CNP a mixed "Buy" average rating, with a revised $38 price target (down from $39) and 2 Buy/9 Hold ratings this month.

On July 18, 2025,

(CNP) saw a significant increase in trading volume, with a turnover of $214 million, marking a 73.13% rise from the previous day. This surge placed CNP at the 477th position in the daily stock market rankings. The stock price of CNP rose by 2.03%, marking the third consecutive day of gains, with a total increase of 3.33% over the past three days.

CenterPoint Energy, an energy delivery company, is currently offering a dividend of $0.22 per share, with a dividend yield of 2.41%. This dividend payout is part of the company's regular quarterly cash dividend, which was recently declared by the Board of Directors.

Jennison Associates LLC reduced its stake in CenterPoint Energy by 12.4% during the first quarter, selling 847,654 shares. This move reflects a strategic adjustment in the investment portfolio, potentially influenced by market conditions or internal investment strategies.

Analysts have provided a mixed outlook for CNP, with 13 analysts giving an average rating of "Buy." The 12-month stock price target is set at $36.04, indicating a slight decrease from the current price. Additionally, CNP has received 2 Buy Ratings and 9 Hold Ratings in the current month, with a recent price target adjustment from $39 to $38 by BofA.

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