CenterPoint Energy, Inc. (NYSE:CNP – Free Report) – Equities researchers at KeyCorp boosted their Q2 2026 earnings per share estimates for CenterPoint Energy in a research report issued to clients and investors on Wednesday, July 22nd. KeyCorp analyst S. Karp now forecasts that the utilities provider will earn $0.36 per share for the quarter, up from their prior estimate of $0.33. KeyCorp has a “Overweight” rating and a $46.00 price target on the stock. The consensus estimate for CenterPoint Energy’s current full-year earnings is $1.91 per share. KeyCorp also issued estimates for CenterPoint Energy’s Q3 2026 earnings at $0.51 EPS, Q4 2026 earnings at $0.46 EPS, FY2026 earnings at $1.91 EPS, FY2027 earnings at $2.09 EPS, FY2028 earnings at $2.28 EPS, FY2029 earnings at $2.48 EPS and FY2030 earnings at $2.70 EPS.
Several other brokerages have also recently weighed in on CNP. BTIG Research began coverage on shares of CenterPoint Energy in a research report on Tuesday, June 30th. They issued a “neutral” rating on the stock. Morgan Stanley set a $40.00 price objective on shares of CenterPoint Energy in a research report on Wednesday. JPMorgan Chase & Co. lifted their price objective on shares of CenterPoint Energy from $45.00 to $47.00 and gave the stock a “neutral” rating in a research note on Thursday, July 16th. Truist Financial decreased their target price on shares of CenterPoint Energy from $48.00 to $47.00 and set a “buy” rating on the stock in a research report on Monday, May 18th. Finally, Bank of America increased their price target on shares of CenterPoint Energy from $42.00 to $44.00 and gave the company a “neutral” rating in a report on Wednesday, April 15th. Eight equities research 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. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $45.38.
CenterPoint Energy Stock Up 0.8%
NYSE CNP opened at $44.59 on Friday. The company has a debt-to-equity ratio of 1.96, a quick ratio of 1.04 and a current ratio of 1.16. The company has a market capitalization of $29.17 billion, a P/E ratio of 27.36, a P/E/G ratio of 2.62 and a beta of 0.46. CenterPoint Energy has a one year low of $36.60 and a one year high of $45.22. The stock has a 50 day moving average price of $43.16 and a 200-day moving average price of $42.30.
CenterPoint Energy (NYSE:CNP – Get Free Report) last released its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $0.56 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.02). The firm had revenue of $2.98 billion during the quarter, compared to the consensus estimate of $1.98 billion. CenterPoint Energy had a return on equity of 10.56% and a net margin of 11.38%.During the same period in the previous year, the firm earned $0.53 EPS.
Hedge Funds Weigh In On CenterPoint Energy
Hedge funds have recently added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of CenterPoint Energy during the fourth quarter valued at approximately $343,925,000. T. Rowe Price Investment Management Inc. grew its stake in shares of CenterPoint Energy by 13.2% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 58,286,690 shares of the utilities provider’s stock valued at $2,234,712,000 after buying an additional 6,794,535 shares during the last quarter. UBS Group AG raised its holdings in shares of CenterPoint Energy by 31.3% in the fourth quarter. UBS Group AG now owns 7,261,079 shares of the utilities provider’s stock worth $278,390,000 after buying an additional 1,728,865 shares during the period. Jennison Associates LLC raised its holdings in shares of CenterPoint Energy by 19.4% in the fourth quarter. Jennison Associates LLC now owns 7,722,893 shares of the utilities provider’s stock worth $296,096,000 after buying an additional 1,256,993 shares during the period. Finally, Merewether Investment Management LP lifted its stake in shares of CenterPoint Energy by 85.5% during the 3rd quarter. Merewether Investment Management LP now owns 2,493,500 shares of the utilities provider’s stock worth $96,748,000 after acquiring an additional 1,149,637 shares during the last quarter. 91.77% of the stock is currently owned by institutional investors.
CenterPoint Energy Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be paid a dividend of $0.24 per share. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.2%. This is a boost from CenterPoint Energy’s previous quarterly dividend of $0.23. CenterPoint Energy’s dividend payout ratio is presently 56.44%.
CenterPoint Energy News Roundup
Here are the key news stories impacting CenterPoint Energy this week:
- Positive Sentiment: KeyCorp lifted its FY2026 EPS estimate for CenterPoint Energy to $1.91, matching the consensus and signaling confidence in near-term earnings. MarketBeat CNP report
- Positive Sentiment: KeyCorp also increased its Q2, Q3, FY2027, FY2028, FY2029, and FY2030 earnings estimates, reinforcing a more constructive long-term outlook for CenterPoint Energy. MarketBeat CNP report
- Positive Sentiment: Zacks upgraded CenterPoint Energy to Rank #2 (Buy), which may attract additional investors looking for improving earnings momentum. Article: What Makes CenterPoint (CNP) a New Buy Stock
- Neutral Sentiment: Another Zacks note highlighted CenterPoint as a possible dividend stock, but did not provide a major new catalyst on its own. Article: CenterPoint Energy (CNP) Could Be a Great Choice
- Neutral Sentiment: KeyCorp trimmed its Q4 2026 EPS estimate slightly and BMO Capital Markets reportedly lowered expectations, but these moves were modest and partly offset by the broader round of upward revisions. Article: Centerpoint Energy (CNP) Receives a Hold from Morgan Stanley
- Negative Sentiment: Morgan Stanley reportedly initiated or maintained a Hold view on CenterPoint Energy, which may temper enthusiasm somewhat. Article: Centerpoint Energy (CNP) Receives a Hold from Morgan Stanley
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.
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