CenterPoint Energy (NYSE:CNP) Updates FY 2026 Earnings Guidance

CenterPoint Energy (NYSE:CNPGet Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 1.900- for the period, compared to the consensus EPS estimate of 1.910. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. JPMorgan Chase & Co. lowered their price objective on shares of CenterPoint Energy from $43.00 to $41.00 and set a “neutral” rating for the company in a report on Thursday, December 11th. Wall Street Zen cut shares of CenterPoint Energy from a “hold” rating to a “sell” rating in a research report on Sunday, February 15th. Weiss Ratings restated a “buy (b-)” rating on shares of CenterPoint Energy in a report on Monday, December 29th. Wells Fargo & Company upped their target price on CenterPoint Energy from $44.00 to $47.00 and gave the stock an “overweight” rating in a report on Tuesday, January 20th. Finally, Barclays decreased their target price on CenterPoint Energy from $41.00 to $38.00 and set an “equal weight” rating for the company in a research report on Thursday, January 15th. Seven analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $41.82.

Get Our Latest Analysis on CenterPoint Energy

CenterPoint Energy Stock Up 2.3%

Shares of CenterPoint Energy stock opened at $42.91 on Friday. The company has a 50-day simple moving average of $39.33 and a two-hundred day simple moving average of $38.95. The stock has a market capitalization of $28.01 billion, a PE ratio of 27.16, a price-to-earnings-growth ratio of 2.48 and a beta of 0.59. CenterPoint Energy has a 52-week low of $33.24 and a 52-week high of $43.08. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.38 and a current ratio of 0.51.

CenterPoint Energy (NYSE:CNPGet Free Report) last released its earnings results on Thursday, February 19th. The utilities provider reported $0.45 EPS for the quarter, missing the consensus estimate of $0.46 by ($0.01). CenterPoint Energy had a return on equity of 10.25% and a net margin of 11.37%.The company had revenue of $2.51 billion during the quarter, compared to analysts’ expectations of $2.23 billion. During the same period last year, the firm posted $0.40 EPS. CenterPoint Energy has set its FY 2026 guidance at 1.900- EPS. On average, analysts anticipate that CenterPoint Energy will post 1.75 EPS for the current fiscal year.

CenterPoint Energy Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Investors of record on Thursday, February 19th will be paid a $0.23 dividend. The ex-dividend date is Thursday, February 19th. This represents a $0.92 annualized dividend and a dividend yield of 2.1%. This is an increase from CenterPoint Energy’s previous quarterly dividend of $0.22. CenterPoint Energy’s dividend payout ratio (DPR) is presently 55.70%.

CenterPoint Energy News Summary

Here are the key news stories impacting CenterPoint Energy this week:

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. TMB Capital Partners LLC acquired a new stake in shares of CenterPoint Energy during the 4th quarter valued at about $382,000. Axxcess Wealth Management LLC lifted its position in CenterPoint Energy by 26.3% in the fourth quarter. Axxcess Wealth Management LLC now owns 50,232 shares of the utilities provider’s stock valued at $1,926,000 after buying an additional 10,456 shares during the last quarter. Corient Private Wealth LLC lifted its position in shares of CenterPoint Energy by 15.2% during the fourth quarter. Corient Private Wealth LLC now owns 68,087 shares of the utilities provider’s stock worth $2,492,000 after purchasing an additional 8,974 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in CenterPoint Energy by 42.8% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 37,195 shares of the utilities provider’s stock valued at $1,426,000 after acquiring an additional 11,146 shares in the last quarter. Finally, Beacon Pointe Advisors LLC raised its stake in CenterPoint Energy by 9.8% in the fourth quarter. Beacon Pointe Advisors LLC now owns 10,538 shares of the utilities provider’s stock valued at $404,000 after buying an additional 937 shares in the last quarter. Institutional investors and hedge funds own 91.77% of the company’s stock.

About CenterPoint Energy

(Get Free Report)

CenterPoint Energy, Inc (NYSE: CNP) is a Houston-based regulated utility company that provides electric and natural gas delivery services and related infrastructure operations. The company’s principal activities center on the transmission and distribution of electricity in the greater Houston metropolitan area and the distribution of natural gas to customers across several states in the Midwest and South. As a vertically integrated utility, CenterPoint focuses on the reliable delivery of energy through owned and operated networks of lines, pipelines and associated facilities.

CenterPoint’s core businesses include regulated electric transmission and distribution services, regulated natural gas distribution, and the operation and maintenance of energy infrastructure.

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Earnings History and Estimates for CenterPoint Energy (NYSE:CNP)

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