FY2026 Earnings Estimate for CNP Issued By Scotiabank

CenterPoint Energy, Inc. (NYSE:CNP) – Stock analysts at Scotiabank issued their FY2026 earnings estimates for CenterPoint Energy in a research report issued to clients and investors on Wednesday, January 8th. Scotiabank analyst A. Weisel anticipates that the utilities provider will post earnings per share of $1.87 for the year. Scotiabank currently has a “Sector Outperform” rating and a $35.00 target price on the stock. The consensus estimate for CenterPoint Energy’s current full-year earnings is $1.62 per share.

CenterPoint Energy (NYSE:CNP) last released its quarterly earnings results on Monday, October 28th. The utilities provider reported $0.31 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.31. The firm had revenue of $1.86 billion during the quarter, compared to the consensus estimate of $1.88 billion. CenterPoint Energy had a net margin of 11.25% and a return on equity of 9.73%. During the same quarter last year, the firm earned $0.40 earnings per share.

Other equities research analysts have also recently issued reports about the stock. Morgan Stanley decreased their price objective on shares of CenterPoint Energy from $32.00 to $31.00 and set an “equal weight” rating for the company in a research report on Friday, November 22nd. StockNews.com cut shares of CenterPoint Energy from a “hold” rating to a “sell” rating in a research report on Thursday, October 17th. Wells Fargo & Company increased their price objective on shares of CenterPoint Energy from $28.00 to $32.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 16th. LADENBURG THALM/SH SH assumed coverage on shares of CenterPoint Energy in a research report on Thursday, December 12th. They set a “buy” rating and a $34.50 price objective for the company. Finally, UBS Group upgraded shares of CenterPoint Energy from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $31.00 to $37.00 in a research report on Tuesday, December 3rd. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $31.27.

CenterPoint Energy Price Performance

CNP stock opened at $31.22 on Friday. The company has a fifty day moving average price of $31.46 and a 200-day moving average price of $29.56. The company has a market capitalization of $20.35 billion, a P/E ratio of 20.68, a PEG ratio of 2.77 and a beta of 0.95. CenterPoint Energy has a 52-week low of $25.41 and a 52-week high of $33.00. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.92 and a current ratio of 1.11.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. First Horizon Advisors Inc. grew its holdings in shares of CenterPoint Energy by 51.3% during the third quarter. First Horizon Advisors Inc. now owns 1,106 shares of the utilities provider’s stock valued at $33,000 after buying an additional 375 shares during the last quarter. GHP Investment Advisors Inc. grew its holdings in shares of CenterPoint Energy by 25.7% during the third quarter. GHP Investment Advisors Inc. now owns 2,047 shares of the utilities provider’s stock valued at $60,000 after buying an additional 418 shares during the last quarter. US Bancorp DE lifted its position in shares of CenterPoint Energy by 0.8% during the third quarter. US Bancorp DE now owns 60,511 shares of the utilities provider’s stock valued at $1,780,000 after purchasing an additional 472 shares in the last quarter. Metis Global Partners LLC lifted its position in shares of CenterPoint Energy by 2.4% during the third quarter. Metis Global Partners LLC now owns 20,538 shares of the utilities provider’s stock valued at $604,000 after purchasing an additional 484 shares in the last quarter. Finally, M&T Bank Corp lifted its position in shares of CenterPoint Energy by 1.2% during the third quarter. M&T Bank Corp now owns 40,054 shares of the utilities provider’s stock valued at $1,178,000 after purchasing an additional 489 shares in the last quarter. 91.77% of the stock is currently owned by institutional investors and hedge funds.

CenterPoint Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th will be issued a dividend of $0.22 per share. This is a boost from CenterPoint Energy’s previous quarterly dividend of $0.21. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.82%. The ex-dividend date of this dividend is Thursday, February 20th. CenterPoint Energy’s dividend payout ratio (DPR) is currently 58.28%.

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.