CenterPoint Energy (NYSE:CNP – Get Free Report) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 1.890-1.910 for the period, compared to the consensus estimate of 1.910. The company issued revenue guidance of -.
CenterPoint Energy Stock Performance
NYSE:CNP opened at $44.27 on Wednesday. The company has a current ratio of 1.16, a quick ratio of 1.04 and a debt-to-equity ratio of 1.96. The firm has a market cap of $28.96 billion, a price-to-earnings ratio of 27.10, a price-to-earnings-growth ratio of 2.61 and a beta of 0.46. The company has a 50-day moving average of $43.24 and a 200-day moving average of $42.41. CenterPoint Energy has a twelve month low of $36.60 and a twelve month high of $45.26.
CenterPoint Energy (NYSE:CNP – Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The utilities provider reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.03. CenterPoint Energy had a net margin of 11.38% and a return on equity of 10.56%. The company had revenue of $2.15 billion during the quarter, compared to analyst estimates of $2.12 billion. During the same period in the prior year, the firm earned $0.29 earnings per share. CenterPoint Energy has set its FY 2026 guidance at 1.890-1.910 EPS. Analysts forecast that CenterPoint Energy will post 1.91 earnings per share for the current fiscal year.
CenterPoint Energy Increases Dividend
Wall Street Analyst Weigh In
CNP has been the subject of several analyst reports. Bank of America lifted their price objective on shares of CenterPoint Energy from $42.00 to $44.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 15th. Wells Fargo & Company reiterated an “overweight” rating and issued a $48.00 price target on shares of CenterPoint Energy in a research report on Tuesday, April 21st. Jefferies Financial Group set a $50.00 price target on CenterPoint Energy in a research note on Thursday, June 18th. Truist Financial lowered their price objective on CenterPoint Energy from $48.00 to $47.00 and set a “buy” rating on the stock in a research note on Monday, May 18th. Finally, BTIG Research initiated coverage on CenterPoint Energy in a report on Tuesday, June 30th. They issued a “neutral” rating for the company. Eight analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, CenterPoint Energy has a consensus rating of “Hold” and a consensus target price of $45.38.
Check Out Our Latest Analysis on CNP
CenterPoint Energy News Summary
Here are the key news stories impacting CenterPoint Energy this week:
- Positive Sentiment: Second-quarter earnings beat expectations. CenterPoint reported adjusted EPS of $0.40, up from $0.29 a year earlier and above the $0.37 analyst consensus. Revenue increased 10.7% year over year to $2.15 billion, exceeding the $2.12 billion estimate, while GAAP net income reached $244 million. Reuters earnings report
- Positive Sentiment: CenterPoint increased its 10-year capital plan by $1.2 billion. The additional spending is supported by expected growth in Houston-area power demand, including data-center-related load, and could expand the utility’s regulated rate base and future earnings potential. Capital plan and ERCOT update
- Positive Sentiment: ERCOT growth prospects added to the bullish outlook. CenterPoint cited approximately 14 gigawatts of projects expected to qualify for ERCOT’s “Batch Zero” process, potentially creating additional transmission and infrastructure investment opportunities. CenterPoint business update
- Neutral Sentiment: Full-year 2026 EPS guidance was reaffirmed at $1.89-$1.91. The range supports earnings stability, although its midpoint is slightly below the $1.91 analyst consensus, limiting the scope for a larger upside surprise. Guidance and capital plan announcement
- Negative Sentiment: Higher spending and regulatory uncertainty remain risks. The larger capital program may increase financing needs, while unclear risk disclosures regarding CenterPoint’s business exposure could make it harder for investors to assess regulatory and execution risks. Risk disclosure report
Institutional Investors Weigh In On CenterPoint Energy
Several hedge funds have recently added to or reduced their stakes in the stock. Northern Trust Corp lifted its position in CenterPoint Energy by 0.3% during the fourth quarter. Northern Trust Corp now owns 5,663,557 shares of the utilities provider’s stock valued at $217,141,000 after buying an additional 17,785 shares in the last quarter. BROOKFIELD Corp ON increased its position in shares of CenterPoint Energy by 3.9% in the second quarter. BROOKFIELD Corp ON now owns 5,100,512 shares of the utilities provider’s stock worth $187,393,000 after acquiring an additional 190,412 shares in the last quarter. Raymond James Financial Inc. raised its stake in shares of CenterPoint Energy by 23.5% in the 2nd quarter. Raymond James Financial Inc. now owns 4,725,856 shares of the utilities provider’s stock valued at $173,628,000 after acquiring an additional 899,505 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of CenterPoint Energy by 0.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,217,385 shares of the utilities provider’s stock valued at $161,695,000 after acquiring an additional 21,129 shares during the period. Finally, Merewether Investment Management LP increased its holdings in CenterPoint Energy by 85.5% in the 3rd quarter. Merewether Investment Management LP now owns 2,493,500 shares of the utilities provider’s stock valued at $96,748,000 after purchasing an additional 1,149,637 shares in the last quarter. 91.77% of the stock is owned by institutional investors.
CenterPoint Energy Company Profile
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.
Featured Stories
- Five stocks we like better than CenterPoint Energy
- 3 Unique AI Software Plays With Strong Analyst Support
- Amazon’s Satellite Push Raises the Stakes for SpaceX and AST SpaceMobile
- NVIDIA’s OpenAI Backstop Puts AI Financing Risk in Focus
- UPS Just Gave Investors a Second Chance to Buy
Receive News & Ratings for CenterPoint Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CenterPoint Energy and related companies with MarketBeat.com's FREE daily email newsletter.
