CenterPoint Energy (NYSE:CNP) Updates FY 2025 Earnings Guidance

CenterPoint Energy (NYSE:CNP) updated its FY 2025 earnings guidance on Monday. The company provided earnings per share guidance of 1.750-1.770 for the period, compared to the consensus earnings per share estimate of 1.750. The company issued revenue guidance of -. CenterPoint Energy also updated its FY 2026 guidance to 1.890-1.910 EPS.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on CNP. Barclays increased their target price on shares of CenterPoint Energy from $38.00 to $39.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 29th. BMO Capital Markets increased their target price on shares of CenterPoint Energy from $36.00 to $39.00 and gave the stock a “market perform” rating in a report on Tuesday, July 22nd. JPMorgan Chase & Co. increased their target price on shares of CenterPoint Energy from $39.00 to $40.00 and gave the stock a “neutral” rating in a report on Tuesday, July 15th. Scotiabank raised their price target on shares of CenterPoint Energy from $40.00 to $42.00 and gave the company a “sector outperform” rating in a report on Friday, July 25th. Finally, Wall Street Zen cut shares of CenterPoint Energy from a “hold” rating to a “sell” rating in a report on Friday, July 18th. Five analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $38.41.

CenterPoint Energy Stock Performance

Shares of NYSE CNP opened at $39.10 on Tuesday. The company has a current ratio of 0.79, a quick ratio of 0.61 and a debt-to-equity ratio of 1.87. CenterPoint Energy has a 12 month low of $28.57 and a 12 month high of $40.50. The company has a 50 day simple moving average of $38.16 and a two-hundred day simple moving average of $37.24. The stock has a market cap of $25.53 billion, a price-to-earnings ratio of 27.35, a PEG ratio of 2.84 and a beta of 0.58.

CenterPoint Energy (NYSE:CNP) last announced its quarterly earnings data on Thursday, July 24th. The utilities provider reported $0.29 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.15). CenterPoint Energy had a net margin of 10.42% and a return on equity of 9.16%. The business had revenue of $1.94 billion for the quarter, compared to analyst estimates of $2.20 billion. During the same quarter in the previous year, the firm posted $0.36 earnings per share. CenterPoint Energy has set its FY 2025 guidance at 1.740-1.760 EPS. As a group, analysts predict that CenterPoint Energy will post 1.75 earnings per share for the current year.

CenterPoint Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 2.3%. The ex-dividend date is Thursday, November 20th. CenterPoint Energy’s payout ratio is presently 61.54%.

Hedge Funds Weigh In On CenterPoint Energy

Institutional investors have recently made changes to their positions in the company. MUFG Securities EMEA plc purchased a new position in shares of CenterPoint Energy during the 2nd quarter valued at approximately $71,000. LMR Partners LLP purchased a new stake in shares of CenterPoint Energy during the second quarter worth $205,000. Cresset Asset Management LLC purchased a new stake in shares of CenterPoint Energy in the second quarter valued at about $206,000. Engineers Gate Manager LP purchased a new stake in shares of CenterPoint Energy in the second quarter valued at about $211,000. Finally, Brighton Jones LLC purchased a new position in CenterPoint Energy during the fourth quarter worth about $254,000. 91.77% of the stock is owned by hedge funds and other institutional investors.

About CenterPoint Energy

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.