CenterPoint Energy (NYSE:CNP – Get Free Report) issued its earnings results on Tuesday. The utilities provider reported $0.53 EPS for the quarter, beating analysts’ consensus estimates of $0.50 by $0.03, FiscalAI reports. CenterPoint Energy had a net margin of 11.61% and a return on equity of 11.10%. The business had revenue of $2.19 billion during the quarter, compared to analysts’ expectations of $2.12 billion. During the same period in the prior year, the business earned $0.50 earnings per share.
Here are the key takeaways from CenterPoint Energy’s conference call:
- 2026 earnings guidance was raised to $1.90–$1.92 in non-GAAP EPS, while third-quarter adjusted EPS reached $0.53. Management also guided to $2.07–$2.09 for 2027, representing approximately 9% growth at the midpoint.
- CenterPoint increased its 10-year capital plan by $4 billion to $70.7 billion and accelerated another $1.5 billion of projects into the period through 2030, primarily to support rapidly expanding Houston-area electric demand.
- The company expects at least 14 gigawatts of customer demand to be energized by 2030 and sees at least $10 billion of additional investment opportunities through 2035. These projects are expected to drive enterprise rate-base growth of more than 14% through 2030 and support adjusted EPS growth at the mid- to high end of the 7%–9% annual range through 2030.
- Funding the expanded plan will require an additional $1.6 billion of equity financing, including approximately $500 million–$700 million of common equity in 2027. Management cited potential offsets from asset sales, temporary-generation-unit proceeds, customer demand charges, and improved regulatory cost recovery.
- Management reported improved financial flexibility, citing stable ratings outlooks, a $1.4 billion cash benefit from the Ohio Gas LDC sale, and a potential corporate alternative minimum tax refund expected to strengthen 2026 credit metrics.
CenterPoint Energy Stock Performance
Shares of CNP stock opened at $41.40 on Tuesday. CenterPoint Energy has a 12 month low of $36.37 and a 12 month high of $45.26. The company has a market cap of $27.27 billion, a P/E ratio of 24.36, a PEG ratio of 2.72 and a beta of 0.47. The company has a current ratio of 1.12, a quick ratio of 0.97 and a debt-to-equity ratio of 1.95. The firm has a fifty day moving average price of $39.02 and a 200 day moving average price of $41.45.
CenterPoint Energy Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Thursday, November 19th will be paid a dividend of $0.24 per share. The ex-dividend date is Thursday, November 19th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.3%. CenterPoint Energy’s payout ratio is presently 56.47%.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on CNP shares. TD Cowen started coverage on shares of CenterPoint Energy in a research note on Thursday, October 22nd. They issued a “buy” rating and a $47.00 price target on the stock. Truist Financial reduced their price objective on CenterPoint Energy from $46.00 to $44.00 and set a “buy” rating on the stock in a research note on Monday, October 12th. Citigroup lowered their target price on CenterPoint Energy from $47.00 to $43.00 and set a “neutral” rating for the company in a research note on Thursday, October 8th. Wolfe Research restated an “outperform” rating and set a $49.00 price target on shares of CenterPoint Energy in a report on Wednesday, July 29th. Finally, Morgan Stanley increased their price target on CenterPoint Energy from $38.00 to $39.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 21st. Ten equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $44.24.
View Our Latest Research Report on CNP
CenterPoint Energy Company Profile
CenterPoint Energy, Inc is a public utility holding company that provides electric and natural gas energy services in the United States. Its operations include electric transmission and distribution, natural gas distribution, and related infrastructure services for residential, commercial, and industrial customers.
The company is the primary electric delivery utility for the Houston, Texas, area and operates electric and natural gas businesses in several states, including Texas, Indiana, Ohio, Louisiana, and Mississippi.
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