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

CenterPoint Energy (NYSE:CNP) issued an update on its FY 2026 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 1.890-1.910 for the period, compared to the consensus estimate of 1.890. The company issued revenue guidance of -. CenterPoint Energy also updated its FY 2025 guidance to 1.750-1.770 EPS.

Analysts Set New Price Targets

Several research firms have commented on CNP. BMO Capital Markets lifted their price target on CenterPoint Energy from $36.00 to $39.00 and gave the stock a “market perform” rating in a research report on Tuesday, July 22nd. Scotiabank upped their price target on CenterPoint Energy from $40.00 to $42.00 and gave the stock a “sector outperform” rating in a research note on Friday, July 25th. Wall Street Zen cut shares of CenterPoint Energy from a “hold” rating to a “sell” rating in a research note on Friday, July 18th. Barclays raised their price objective on shares of CenterPoint Energy from $38.00 to $39.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 29th. Finally, Morgan Stanley lowered their price objective on CenterPoint Energy from $38.00 to $37.00 and set an “equal weight” rating on the stock in a report on Thursday. Five analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $38.41.

CenterPoint Energy Price Performance

CenterPoint Energy stock traded up $0.29 during trading hours on Monday, hitting $39.10. The stock had a trading volume of 6,526,666 shares, compared to its average volume of 5,238,331. The company has a debt-to-equity ratio of 1.87, a current ratio of 0.79 and a quick ratio of 0.61. CenterPoint Energy has a 1-year low of $28.57 and a 1-year high of $40.50. The stock’s fifty day moving average is $38.12 and its two-hundred day moving average is $37.21. The stock has a market capitalization of $25.53 billion, a price-to-earnings ratio of 27.35, a PEG ratio of 2.84 and a beta of 0.58.

CenterPoint Energy (NYSE:CNP) last issued its quarterly earnings data on Thursday, July 24th. The utilities provider reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.15). CenterPoint Energy had a net margin of 10.42% and a return on equity of 9.16%. The company had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $2.20 billion. During the same quarter in the prior year, the company earned $0.36 earnings per share. CenterPoint Energy has set its FY 2025 guidance at 1.740-1.760 EPS. As a group, analysts predict that CenterPoint Energy will post 1.75 earnings per share for the current fiscal year.

CenterPoint Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th will be paid a $0.22 dividend. The ex-dividend date is Thursday, November 20th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.3%. CenterPoint Energy’s dividend payout ratio (DPR) is 61.54%.

Institutional Investors Weigh In On CenterPoint Energy

A number of hedge funds have recently bought and sold shares of the business. Brighton Jones LLC acquired a new position in shares of CenterPoint Energy in the 4th quarter worth approximately $254,000. AQR Capital Management LLC grew its position in shares of CenterPoint Energy by 15.6% in the 1st quarter. AQR Capital Management LLC now owns 76,100 shares of the utilities provider’s stock worth $2,757,000 after acquiring an additional 10,277 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of CenterPoint Energy by 5.8% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 69,683 shares of the utilities provider’s stock worth $2,525,000 after acquiring an additional 3,821 shares in the last quarter. Empowered Funds LLC grew its position in shares of CenterPoint Energy by 11.5% in the 1st quarter. Empowered Funds LLC now owns 13,411 shares of the utilities provider’s stock worth $486,000 after acquiring an additional 1,384 shares in the last quarter. Finally, Woodline Partners LP grew its position in shares of CenterPoint Energy by 40.7% in the 1st quarter. Woodline Partners LP now owns 55,061 shares of the utilities provider’s stock worth $1,995,000 after acquiring an additional 15,922 shares in the last quarter. Institutional investors and hedge funds own 91.77% of the company’s stock.

About CenterPoint Energy

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.