CenterPoint Energy (NYSE:CNP) Issues FY 2025 Earnings Guidance

CenterPoint Energy (NYSE:CNP) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 1.740-1.760 for the period, compared to the consensus EPS estimate of 1.750. The company issued revenue guidance of -.

CenterPoint Energy Stock Up 1.8 %

Shares of CenterPoint Energy stock opened at $34.32 on Friday. CenterPoint Energy has a 1 year low of $25.41 and a 1 year high of $34.39. The company has a market cap of $22.37 billion, a P/E ratio of 21.59, a P/E/G ratio of 2.71 and a beta of 0.95. The company has a current ratio of 1.08, a quick ratio of 0.92 and a debt-to-equity ratio of 1.91. The stock has a 50-day moving average price of $32.34 and a 200 day moving average price of $30.28.

CenterPoint Energy (NYSE:CNP) last announced its quarterly earnings data on Thursday, February 20th. The utilities provider reported $0.40 EPS for the quarter, hitting analysts’ consensus estimates of $0.40. CenterPoint Energy had a return on equity of 10.02% and a net margin of 11.79%. The firm had revenue of $2.26 billion during the quarter, compared to analyst estimates of $2.46 billion. As a group, analysts expect that CenterPoint Energy will post 1.75 EPS for the current fiscal year.

CenterPoint Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th will be given a dividend of $0.22 per share. The ex-dividend date of this dividend is Thursday, February 20th. This is a positive change from CenterPoint Energy’s previous quarterly dividend of $0.21. This represents a $0.88 dividend on an annualized basis and a yield of 2.56%. CenterPoint Energy’s dividend payout ratio (DPR) is presently 55.35%.

Analysts Set New Price Targets

CNP has been the subject of several research reports. Morgan Stanley reduced their price target on CenterPoint Energy from $32.00 to $31.00 and set an “equal weight” rating for the company in a report on Friday, November 22nd. LADENBURG THALM/SH SH initiated coverage on CenterPoint Energy in a report on Thursday, December 12th. They set a “buy” rating and a $34.50 price target for the company. Scotiabank upgraded CenterPoint Energy from a “sector perform” rating to a “sector outperform” rating and lifted their price target for the company from $30.00 to $35.00 in a report on Thursday, December 12th. UBS Group upgraded CenterPoint Energy from a “neutral” rating to a “buy” rating and lifted their price target for the company from $31.00 to $37.00 in a report on Tuesday, December 3rd. Finally, Guggenheim downgraded CenterPoint Energy from a “buy” rating to a “neutral” rating in a research note on Thursday, January 23rd. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $31.65.

CenterPoint Energy Company Profile

CenterPoint Energy, Inc operates as a public utility holding company in the United States. The company operates through two segments, Electric and Natural Gas. The Electric segment includes electric transmission and distribution services to electric customers and electric generation assets, as well as optimizes assets in the wholesale power market.