CenterPoint Energy, Inc. (NYSE:CNP) Forecasted to Post FY2026 Earnings of $1.86 Per Share

CenterPoint Energy, Inc. (NYSE:CNP) – Investment analysts at Zacks Research reduced their FY2026 EPS estimates for shares of CenterPoint Energy in a note issued to investors on Monday, September 30th. Zacks Research analyst R. Department now expects that the utilities provider will post earnings of $1.86 per share for the year, down from their previous estimate of $1.87. The consensus estimate for CenterPoint Energy’s current full-year earnings is $1.62 per share.

CenterPoint Energy (NYSE:CNP) last issued its quarterly earnings results on Tuesday, July 30th. The utilities provider reported $0.36 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.04. CenterPoint Energy had a return on equity of 10.81% and a net margin of 12.28%. The business had revenue of $1.91 billion for the quarter, compared to the consensus estimate of $1.88 billion. During the same quarter in the previous year, the company posted $0.28 earnings per share.

A number of other research firms also recently weighed in on CNP. BMO Capital Markets reaffirmed a “market perform” rating and issued a $28.00 price target on shares of CenterPoint Energy in a research note on Monday, August 26th. Bank of America assumed coverage on shares of CenterPoint Energy in a report on Thursday, September 12th. They set a “neutral” rating and a $29.00 price target on the stock. KeyCorp cut shares of CenterPoint Energy from an “overweight” rating to a “sector weight” rating in a research note on Friday, August 2nd. StockNews.com upgraded shares of CenterPoint Energy from a “sell” rating to a “hold” rating in a report on Saturday. Finally, Scotiabank lowered their price target on CenterPoint Energy from $29.00 to $28.00 and set a “sector perform” rating on the stock in a research report on Tuesday, August 20th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $29.55.

CenterPoint Energy Price Performance

NYSE CNP opened at $29.89 on Wednesday. The company has a 50 day simple moving average of $27.52 and a 200-day simple moving average of $28.73. CenterPoint Energy has a 52-week low of $25.41 and a 52-week high of $31.57. The firm has a market capitalization of $19.12 billion, a price-to-earnings ratio of 21.05, a price-to-earnings-growth ratio of 2.51 and a beta of 0.92. The company has a debt-to-equity ratio of 1.79, a current ratio of 1.20 and a quick ratio of 0.99.

Hedge Funds Weigh In On CenterPoint Energy

A number of institutional investors have recently modified their holdings of the stock. TD Asset Management Inc raised its position in CenterPoint Energy by 4.3% in the 4th quarter. TD Asset Management Inc now owns 228,898 shares of the utilities provider’s stock worth $6,540,000 after purchasing an additional 9,384 shares during the last quarter. Stifel Financial Corp lifted its stake in shares of CenterPoint Energy by 27.7% during the fourth quarter. Stifel Financial Corp now owns 209,034 shares of the utilities provider’s stock valued at $5,972,000 after acquiring an additional 45,389 shares during the period. Bank of Nova Scotia boosted its holdings in CenterPoint Energy by 24.5% in the fourth quarter. Bank of Nova Scotia now owns 305,736 shares of the utilities provider’s stock valued at $8,735,000 after acquiring an additional 60,223 shares during the last quarter. KBC Group NV increased its position in CenterPoint Energy by 8.6% in the fourth quarter. KBC Group NV now owns 39,407 shares of the utilities provider’s stock worth $1,126,000 after purchasing an additional 3,134 shares during the period. Finally, NEOS Investment Management LLC bought a new stake in CenterPoint Energy during the 4th quarter worth about $255,000. 91.77% of the stock is owned by institutional investors.

CenterPoint Energy Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Thursday, November 21st will be given a dividend of $0.21 per share. This is an increase from CenterPoint Energy’s previous quarterly dividend of $0.20. The ex-dividend date is Thursday, November 21st. This represents a $0.84 annualized dividend and a yield of 2.81%. CenterPoint Energy’s dividend payout ratio is 59.15%.

CenterPoint Energy Company Profile

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.