CenterPoint Energy, Inc. (NYSE:CNP – Free Report) – Analysts at Zacks Research raised their Q1 2025 earnings estimates for CenterPoint Energy in a report released on Monday, December 23rd. Zacks Research analyst R. Department now anticipates that the utilities provider will earn $0.56 per share for the quarter, up from their prior forecast of $0.55. The consensus estimate for CenterPoint Energy’s current full-year earnings is $1.62 per share. Zacks Research also issued estimates for CenterPoint Energy’s Q2 2025 earnings at $0.39 EPS, Q3 2025 earnings at $0.31 EPS, Q4 2025 earnings at $0.49 EPS, Q2 2026 earnings at $0.42 EPS and Q3 2026 earnings at $0.49 EPS.
Other equities research analysts have also recently issued research reports about the stock. Scotiabank raised shares of CenterPoint Energy from a “sector perform” rating to a “sector outperform” rating and raised their price objective for the stock from $30.00 to $35.00 in a research note on Thursday, December 12th. UBS Group upgraded shares of CenterPoint Energy from a “neutral” rating to a “buy” rating and raised their price target for the company from $31.00 to $37.00 in a research report on Tuesday, December 3rd. Morgan Stanley decreased their price objective on shares of CenterPoint Energy from $32.00 to $31.00 and set an “equal weight” rating for the company in a research report on Friday, November 22nd. LADENBURG THALM/SH SH assumed coverage on CenterPoint Energy in a research report on Thursday, December 12th. They set a “buy” rating and a $34.50 target price on the stock. Finally, Wells Fargo & Company lifted their price target on CenterPoint Energy from $28.00 to $32.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 16th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, CenterPoint Energy has an average rating of “Hold” and a consensus price target of $31.27.
CenterPoint Energy Stock Up 0.9 %
Shares of CNP stock opened at $32.39 on Wednesday. CenterPoint Energy has a twelve month low of $25.41 and a twelve month high of $33.00. The stock has a market cap of $21.11 billion, a P/E ratio of 21.45, a P/E/G ratio of 2.72 and a beta of 0.96. The stock has a 50 day moving average of $30.95 and a 200 day moving average of $29.49. The company has a current ratio of 1.11, a quick ratio of 0.92 and a debt-to-equity ratio of 1.87.
CenterPoint Energy (NYSE:CNP – Get Free Report) last announced its quarterly earnings results on Monday, October 28th. The utilities provider reported $0.31 earnings per share for the quarter, hitting the consensus estimate of $0.31. The company had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $1.88 billion. CenterPoint Energy had a return on equity of 9.73% and a net margin of 11.25%. During the same period last year, the firm earned $0.40 EPS.
Institutional Investors Weigh In On CenterPoint Energy
A number of large investors have recently modified their holdings of the business. Principal Financial Group Inc. lifted its stake in shares of CenterPoint Energy by 7.1% in the third quarter. Principal Financial Group Inc. now owns 847,366 shares of the utilities provider’s stock worth $24,930,000 after buying an additional 56,037 shares in the last quarter. Retirement Systems of Alabama raised its holdings in CenterPoint Energy by 2.0% in the 3rd quarter. Retirement Systems of Alabama now owns 143,906 shares of the utilities provider’s stock valued at $4,234,000 after acquiring an additional 2,789 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new position in CenterPoint Energy in the 3rd quarter worth approximately $26,000. Sanctuary Advisors LLC lifted its stake in CenterPoint Energy by 18.5% in the 3rd quarter. Sanctuary Advisors LLC now owns 38,917 shares of the utilities provider’s stock worth $1,243,000 after purchasing an additional 6,073 shares in the last quarter. Finally, TD Private Client Wealth LLC boosted its holdings in shares of CenterPoint Energy by 82.2% during the 3rd quarter. TD Private Client Wealth LLC now owns 17,976 shares of the utilities provider’s stock worth $529,000 after purchasing an additional 8,110 shares during the last quarter. Hedge funds and other institutional investors own 91.77% of the company’s stock.
CenterPoint Energy Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th will be issued a $0.22 dividend. The ex-dividend date of this dividend is Thursday, February 20th. This represents a $0.88 dividend on an annualized basis and a yield of 2.72%. This is a positive change from CenterPoint Energy’s previous quarterly dividend of $0.21. CenterPoint Energy’s dividend payout ratio (DPR) is presently 58.28%.
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.
Further Reading
- Five stocks we like better than CenterPoint Energy
- What is a support level?
- 5 Reasons DraftKings Stock Looks Promising in the New Year
- Stock Ratings and Recommendations: Understanding Analyst Ratings
- Cybersecurity Stocks: 1 Immediate Buy and 1 Dip Opportunity
- Where Do I Find 52-Week Highs and Lows?
- The Next 2 AI Winners Have Triple-Digit Upside Potential
Receive News & Ratings for CenterPoint Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CenterPoint Energy and related companies with MarketBeat.com's FREE daily email newsletter.