CenterPoint Energy (NYSE:CNP) Releases FY 2026 Earnings Guidance

CenterPoint Energy (NYSE:CNPGet Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.900- for the period, compared to the consensus earnings per share estimate of 1.910. The company issued revenue guidance of -.

CenterPoint Energy Stock Up 0.8%

Shares of NYSE CNP opened at $43.00 on Friday. CenterPoint Energy has a 52-week low of $33.24 and a 52-week high of $43.20. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.38 and a current ratio of 0.91. The business has a fifty day moving average of $39.43 and a two-hundred day moving average of $38.98. The stock has a market cap of $28.07 billion, a PE ratio of 26.87, a PEG ratio of 2.53 and a beta of 0.59.

CenterPoint Energy (NYSE:CNPGet Free Report) last announced its earnings results on Thursday, February 19th. The utilities provider reported $0.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.01). The firm had revenue of $2.51 billion for the quarter, compared to analyst estimates of $2.23 billion. CenterPoint Energy had a return on equity of 10.46% and a net margin of 11.24%.During the same quarter last year, the business earned $0.40 EPS. CenterPoint Energy has set its FY 2026 guidance at 1.900- EPS. As a group, equities research analysts expect that CenterPoint Energy will post 1.75 earnings per share for the current fiscal year.

CenterPoint Energy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Thursday, February 19th will be issued a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Thursday, February 19th. This is an increase from CenterPoint Energy’s previous quarterly dividend of $0.22. CenterPoint Energy’s dividend payout ratio (DPR) is presently 57.50%.

Wall Street Analyst Weigh In

CNP has been the subject of a number of recent analyst reports. Barclays dropped their price target on CenterPoint Energy from $41.00 to $38.00 and set an “equal weight” rating for the company in a report on Thursday, January 15th. BMO Capital Markets raised CenterPoint Energy from a “market perform” rating to an “outperform” rating and set a $42.00 price target for the company in a report on Tuesday, January 13th. JPMorgan Chase & Co. reduced their price target on shares of CenterPoint Energy from $43.00 to $41.00 and set a “neutral” rating on the stock in a research report on Thursday, December 11th. Citigroup restated a “neutral” rating on shares of CenterPoint Energy in a research report on Thursday. Finally, UBS Group reduced their target price on shares of CenterPoint Energy from $45.00 to $43.00 and set a “buy” rating on the stock in a research report on Wednesday, December 17th. Seven investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $41.82.

Read Our Latest Research Report on CenterPoint Energy

Key Stories Impacting CenterPoint Energy

Here are the key news stories impacting CenterPoint Energy this week:

Institutional Investors Weigh In On CenterPoint Energy

Institutional investors and hedge funds have recently modified their holdings of the business. Brighton Jones LLC bought a new position in CenterPoint Energy in the fourth quarter valued at approximately $254,000. AQR Capital Management LLC boosted its position in shares of CenterPoint Energy by 15.6% in the 1st quarter. AQR Capital Management LLC now owns 76,100 shares of the utilities provider’s stock worth $2,757,000 after purchasing an additional 10,277 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of CenterPoint Energy by 5.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 69,683 shares of the utilities provider’s stock worth $2,525,000 after purchasing an additional 3,821 shares during the period. Empowered Funds LLC grew its stake in shares of CenterPoint Energy by 11.5% during the first quarter. Empowered Funds LLC now owns 13,411 shares of the utilities provider’s stock worth $486,000 after purchasing an additional 1,384 shares during the period. Finally, Woodline Partners LP increased its holdings in CenterPoint Energy by 40.7% in the first quarter. Woodline Partners LP now owns 55,061 shares of the utilities provider’s stock valued at $1,995,000 after purchasing an additional 15,922 shares during the last quarter. 91.77% of the stock is owned by institutional investors.

About CenterPoint Energy

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for CenterPoint Energy (NYSE:CNP)

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