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

CenterPoint Energy (NYSE:CNP) issued an update on its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.890-1.910 for the period, compared to the consensus earnings per share estimate of 1.910. The company issued revenue guidance of -.

CenterPoint Energy Stock Up 0.0%

Shares of NYSE:CNP opened at $42.94 on Thursday. CenterPoint Energy has a 52-week low of $36.60 and a 52-week high of $45.26. The company has a market capitalization of $28.09 billion, a PE ratio of 25.28, a price-to-earnings-growth ratio of 2.61 and a beta of 0.46. The company has a debt-to-equity ratio of 1.95, a quick ratio of 1.04 and a current ratio of 1.12. The company has a fifty day moving average of $43.25 and a 200-day moving average of $42.45.

CenterPoint Energy (NYSE:CNP) last issued its quarterly earnings data on Tuesday, July 28th. The utilities provider reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.37 by $0.03. CenterPoint Energy had a return on equity of 11.10% and a net margin of 11.61%.The business had revenue of $2.15 billion for the quarter, compared to analyst estimates of $2.12 billion. During the same quarter in the previous year, the company posted $0.29 EPS. CenterPoint Energy has set its FY 2026 guidance at 1.890-1.910 EPS. On average, equities analysts predict that CenterPoint Energy will post 1.91 EPS for the current fiscal year.

CenterPoint Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be paid a $0.24 dividend. This is an increase from CenterPoint Energy’s previous quarterly dividend of $0.23. This represents a $0.96 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Thursday, August 20th. CenterPoint Energy’s payout ratio is currently 56.44%.

Analysts Set New Price Targets

Several equities research analysts recently commented on CNP shares. JPMorgan Chase & Co. lifted their target price on shares of CenterPoint Energy from $45.00 to $47.00 and gave the stock a “neutral” rating in a research report on Thursday, July 16th. Wall Street Zen downgraded shares of CenterPoint Energy from a “hold” rating to a “sell” rating in a research note on Saturday, April 25th. BMO Capital Markets reduced their price objective on shares of CenterPoint Energy from $48.00 to $47.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 22nd. 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. Finally, Barclays boosted their price target on shares of CenterPoint Energy from $38.00 to $44.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 15th. Nine equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, CenterPoint Energy has a consensus rating of “Hold” and a consensus price target of $45.64.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of CNP. Northern Trust Corp grew 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 during the period. BROOKFIELD Corp ON boosted its position in shares of CenterPoint Energy by 3.9% during the 2nd quarter. BROOKFIELD Corp ON now owns 5,100,512 shares of the utilities provider’s stock valued at $187,393,000 after acquiring an additional 190,412 shares during the last quarter. Raymond James Financial Inc. grew its holdings in shares of CenterPoint Energy by 23.5% during the second quarter. Raymond James Financial Inc. now owns 4,725,856 shares of the utilities provider’s stock worth $173,628,000 after purchasing an additional 899,505 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in CenterPoint Energy by 0.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,217,385 shares of the utilities provider’s stock valued at $161,695,000 after purchasing an additional 21,129 shares in the last quarter. Finally, Merewether Investment Management LP lifted its position in CenterPoint Energy by 85.5% during the third 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 during the last quarter. Institutional investors own 91.77% of the company’s stock.

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.