CenterPoint Energy (NYSE:CNP – Get Free Report) issued an update on its FY 2026 earnings guidance on Monday morning. The company provided earnings per share guidance of 1.890-1.910 for the period, compared to the consensus earnings per share estimate of 1.890. The company issued revenue guidance of -. CenterPoint Energy also updated its FY 2025 guidance to 1.750-1.770 EPS.
CenterPoint Energy Stock Up 0.8%
Shares of CenterPoint Energy stock opened at $39.10 on Tuesday. CenterPoint Energy has a one year low of $28.57 and a one year high of $40.50. The firm has a fifty day moving average of $38.16 and a two-hundred day moving average of $37.24. The company has a market cap of $25.53 billion, a P/E ratio of 27.35, a PEG ratio of 2.84 and a beta of 0.58. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.61 and a current ratio of 0.79.
CenterPoint Energy (NYSE:CNP – Get Free Report) last announced its quarterly earnings data on Thursday, July 24th. The utilities provider reported $0.29 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.15). The business had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $2.20 billion. CenterPoint Energy had a net margin of 10.42% and a return on equity of 9.16%. During the same period in the prior year, the firm posted $0.36 EPS. CenterPoint Energy has set its FY 2025 guidance at 1.740-1.760 EPS. On average, analysts forecast that CenterPoint Energy will post 1.75 earnings per share for the current year.
CenterPoint Energy Announces Dividend
Wall Street Analyst Weigh In
A number of research firms recently issued reports on CNP. Wall Street Zen lowered CenterPoint Energy from a “hold” rating to a “sell” rating in a research note on Friday, July 18th. JPMorgan Chase & Co. boosted their price target on CenterPoint Energy from $39.00 to $40.00 and gave the company a “neutral” rating in a report on Tuesday, July 15th. Scotiabank boosted their price target on CenterPoint Energy from $40.00 to $42.00 and gave the company a “sector outperform” rating in a report on Friday, July 25th. Morgan Stanley cut their price target on CenterPoint Energy from $38.00 to $37.00 and set an “equal weight” rating for the company in a report on Thursday, September 25th. Finally, Barclays boosted their price target on CenterPoint Energy from $38.00 to $39.00 and gave the company an “equal weight” rating in a report on Tuesday, July 29th. Five investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, CenterPoint Energy currently has a consensus rating of “Hold” and an average target price of $38.41.
View Our Latest Research Report on CNP
Institutional Investors Weigh In On CenterPoint Energy
Several hedge funds and other institutional investors have recently made changes to their positions in CNP. Brighton Jones LLC acquired a new stake in CenterPoint Energy during the 4th quarter worth approximately $254,000. Engineers Gate Manager LP acquired a new stake in CenterPoint Energy during the 2nd quarter worth approximately $211,000. Cresset Asset Management LLC acquired a new stake in CenterPoint Energy during the 2nd quarter worth approximately $206,000. LMR Partners LLP acquired a new stake in CenterPoint Energy during the 2nd quarter worth approximately $205,000. Finally, MUFG Securities EMEA plc acquired a new stake in CenterPoint Energy during the 2nd quarter worth approximately $71,000. 91.77% of the stock is owned by institutional investors.
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.
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