Q2 EPS Estimate for CenterPoint Energy Decreased by Analyst

CenterPoint Energy, Inc. (NYSE:CNPFree Report) – Investment analysts at Zacks Research reduced their Q2 2026 earnings per share estimates for CenterPoint Energy in a report released on Wednesday, June 11th. Zacks Research analyst R. Department now expects that the utilities provider will earn $0.44 per share for the quarter, down from their previous estimate of $0.45. The consensus estimate for CenterPoint Energy’s current full-year earnings is $1.75 per share. Zacks Research also issued estimates for CenterPoint Energy’s Q1 2027 earnings at $0.60 EPS.

CenterPoint Energy (NYSE:CNPGet Free Report) last announced its earnings results on Thursday, April 24th. The utilities provider reported $0.53 EPS for the quarter, missing the consensus estimate of $0.55 by ($0.02). CenterPoint Energy had a net margin of 11.79% and a return on equity of 10.02%. The company had revenue of $2.92 billion during the quarter, compared to the consensus estimate of $2.73 billion. During the same quarter in the previous year, the company earned $0.55 earnings per share.

CNP has been the subject of a number of other reports. Morgan Stanley decreased their price target on CenterPoint Energy from $35.00 to $34.00 and set an “equal weight” rating for the company in a report on Thursday, May 22nd. BMO Capital Markets lifted their price objective on shares of CenterPoint Energy from $35.00 to $36.00 and gave the company a “market perform” rating in a research note on Monday, March 17th. Argus raised shares of CenterPoint Energy to a “hold” rating in a research note on Friday, April 4th. Jefferies Financial Group assumed coverage on shares of CenterPoint Energy in a report on Wednesday, April 2nd. They issued a “buy” rating and a $42.00 price target for the company. Finally, JPMorgan Chase & Co. upped their price objective on shares of CenterPoint Energy from $38.00 to $39.00 and gave the company a “neutral” rating in a report on Monday, May 19th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $36.04.

Read Our Latest Report on CNP

CenterPoint Energy Trading Down 0.3%

CNP opened at $36.29 on Monday. CenterPoint Energy has a twelve month low of $25.41 and a twelve month high of $39.31. The company has a fifty day moving average of $37.28 and a 200-day moving average of $34.67. The stock has a market cap of $23.69 billion, a PE ratio of 22.82, a price-to-earnings-growth ratio of 2.71 and a beta of 0.59. The company has a quick ratio of 0.92, a current ratio of 1.08 and a debt-to-equity ratio of 1.91.

CenterPoint Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th were issued a $0.22 dividend. The ex-dividend date was Thursday, May 15th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.42%. CenterPoint Energy’s dividend payout ratio is presently 59.06%.

Institutional Investors Weigh In On CenterPoint Energy

Several institutional investors have recently bought and sold shares of CNP. Brighton Jones LLC purchased a new position in CenterPoint Energy during the 4th quarter worth $254,000. Empowered Funds LLC lifted its position in shares of CenterPoint Energy by 13.6% during the fourth quarter. Empowered Funds LLC now owns 12,027 shares of the utilities provider’s stock valued at $382,000 after purchasing an additional 1,442 shares in the last quarter. Savant Capital LLC purchased a new position in CenterPoint Energy during the fourth quarter worth about $252,000. Van ECK Associates Corp grew its position in CenterPoint Energy by 12.7% in the 4th quarter. Van ECK Associates Corp now owns 197,793 shares of the utilities provider’s stock worth $6,276,000 after purchasing an additional 22,347 shares in the last quarter. Finally, Vontobel Holding Ltd. bought a new stake in CenterPoint Energy in the 4th quarter worth about $213,000. Institutional investors own 91.77% of the company’s stock.

About CenterPoint Energy

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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.

See Also

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

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