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

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

CenterPoint Energy Price Performance

CenterPoint Energy stock opened at $44.01 on Tuesday. CenterPoint Energy has a 12-month low of $36.60 and a 12-month high of $45.22. The company has a current ratio of 1.16, a quick ratio of 1.04 and a debt-to-equity ratio of 1.96. The firm has a 50-day moving average price of $43.20 and a 200-day moving average price of $42.37. The firm has a market capitalization of $28.79 billion, a PE ratio of 27.00, a price-to-earnings-growth ratio of 2.64 and a beta of 0.46.

CenterPoint Energy (NYSE:CNP) last issued its quarterly earnings results on Tuesday, July 28th. The utilities provider reported $0.40 EPS for the quarter, beating the consensus estimate of $0.37 by $0.03. CenterPoint Energy had a net margin of 11.38% and a return on equity of 10.56%. The company had revenue of $2.15 billion for the quarter, compared to the consensus estimate of $2.12 billion. CenterPoint Energy has set its FY 2026 guidance at 1.890-1.910 EPS. As a group, equities research analysts forecast that CenterPoint Energy will post 1.91 EPS for the current year.

CenterPoint Energy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be paid a dividend of $0.24 per share. This is a positive change from CenterPoint Energy’s previous quarterly dividend of $0.23. This represents a $0.96 dividend on an annualized basis 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%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on CNP shares. Truist Financial reduced their price target on CenterPoint Energy from $48.00 to $47.00 and set a “buy” rating on the stock in a report on Monday, May 18th. JPMorgan Chase & Co. boosted their price objective on CenterPoint Energy from $45.00 to $47.00 and gave the company a “neutral” rating in a report on Thursday, July 16th. Bank of America increased their target price on CenterPoint Energy from $42.00 to $44.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 15th. Wells Fargo & Company reiterated an “overweight” rating and set a $48.00 target price on shares of CenterPoint Energy in a research report on Tuesday, April 21st. Finally, Barclays boosted their target price on shares of CenterPoint Energy from $38.00 to $44.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 15th. Eight analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $45.38.

Hedge Funds Weigh In On CenterPoint Energy

Hedge funds and other institutional investors have recently modified their holdings of the business. Brighton Jones LLC purchased a new stake in shares of CenterPoint Energy during the fourth quarter valued at about $254,000. Laidlaw Wealth Management LLC boosted its position in CenterPoint Energy by 34.9% in the 4th quarter. Laidlaw Wealth Management LLC now owns 8,692 shares of the utilities provider’s stock worth $333,000 after purchasing an additional 2,248 shares in the last quarter. Wealthspire Advisors LLC increased its holdings in shares of CenterPoint Energy by 67.1% during the 4th quarter. Wealthspire Advisors LLC now owns 7,329 shares of the utilities provider’s stock valued at $281,000 after purchasing an additional 2,942 shares in the last quarter. Smithbridge Asset Management Inc. DE acquired a new position in shares of CenterPoint Energy in the 4th quarter valued at $226,000. Finally, Atlas Capital Advisors Inc. acquired a new stake in CenterPoint Energy during the fourth quarter valued at $216,000. 91.77% of the stock is currently owned by institutional investors.

About CenterPoint Energy

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.