Zacks Research Has Negative Forecast for CNP FY2026 Earnings

CenterPoint Energy, Inc. (NYSE:CNP) – Research analysts at Zacks Research dropped their FY2026 earnings per share estimates for shares of CenterPoint Energy in a research note issued to investors on Monday, September 1st. Zacks Research analyst Team now forecasts that the utilities provider will post earnings of $1.88 per share for the year, down from their prior estimate of $1.89. The consensus estimate for CenterPoint Energy’s current full-year earnings is $1.75 per share.

Other equities research analysts have also issued research reports about the company. Barclays boosted their target price on CenterPoint Energy from $38.00 to $39.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 29th. JPMorgan Chase & Co. boosted their target price on CenterPoint Energy from $39.00 to $40.00 and gave the company a “neutral” rating in a research note on Tuesday, July 15th. BMO Capital Markets upped their price target on CenterPoint Energy from $36.00 to $39.00 and gave the company a “market perform” rating in a research report on Tuesday, July 22nd. Mizuho set a $39.00 price target on CenterPoint Energy and gave the company a “neutral” rating in a research report on Friday, July 25th. Finally, Wall Street Zen lowered CenterPoint Energy from a “hold” rating to a “sell” rating in a research report on Friday, July 18th. Six research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $37.71.

CenterPoint Energy Trading Down 0.4%

NYSE CNP opened at $37.48 on Thursday. CenterPoint Energy has a 1-year low of $26.32 and a 1-year high of $39.39. The company has a current ratio of 0.79, a quick ratio of 0.61 and a debt-to-equity ratio of 1.87. The stock has a 50-day moving average of $37.51 and a 200-day moving average of $36.73. The firm has a market cap of $24.47 billion, a PE ratio of 26.21, a price-to-earnings-growth ratio of 2.75 and a beta of 0.58.

CenterPoint Energy (NYSE:CNP) last released its earnings results on Thursday, July 24th. The utilities provider reported $0.29 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.15). CenterPoint Energy had a net margin of 10.42% and a return on equity of 9.16%. The company had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $2.20 billion. During the same period last year, the firm posted $0.36 EPS. CenterPoint Energy has set its FY 2025 guidance at 1.740-1.760 EPS.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Signature Estate & Investment Advisors LLC grew its holdings in shares of CenterPoint Energy by 3.9% during the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 7,627 shares of the utilities provider’s stock worth $280,000 after acquiring an additional 286 shares during the period. Private Trust Co. NA grew its holdings in shares of CenterPoint Energy by 21.5% during the 1st quarter. Private Trust Co. NA now owns 1,653 shares of the utilities provider’s stock worth $60,000 after acquiring an additional 293 shares during the period. Whittier Trust Co. of Nevada Inc. grew its holdings in shares of CenterPoint Energy by 17.8% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 2,014 shares of the utilities provider’s stock worth $73,000 after acquiring an additional 304 shares during the period. Fifth Third Bancorp grew its holdings in shares of CenterPoint Energy by 1.6% during the 2nd quarter. Fifth Third Bancorp now owns 21,180 shares of the utilities provider’s stock worth $778,000 after acquiring an additional 342 shares during the period. Finally, Fulton Bank N.A. grew its holdings in shares of CenterPoint Energy by 2.7% during the 1st quarter. Fulton Bank N.A. now owns 13,718 shares of the utilities provider’s stock worth $497,000 after acquiring an additional 362 shares during the period. Hedge funds and other institutional investors own 91.77% of the company’s stock.

CenterPoint Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Thursday, August 21st will be issued a dividend of $0.22 per share. The ex-dividend date is Thursday, August 21st. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.3%. CenterPoint Energy’s dividend payout ratio is 61.54%.

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.