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

CenterPoint Energy (NYSE:CNP) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 1.740-1.760 for the period, compared to the consensus EPS estimate of 1.750. The company issued revenue guidance of -.

CenterPoint Energy Price Performance

CNP stock opened at $34.04 on Thursday. The stock has a market cap of $22.18 billion, a price-to-earnings ratio of 22.54, a PEG ratio of 2.72 and a beta of 0.95. CenterPoint Energy has a fifty-two week low of $25.41 and a fifty-two week high of $34.17. The company has a quick ratio of 0.92, a current ratio of 1.11 and a debt-to-equity ratio of 1.87. The business has a 50 day moving average price of $32.25 and a 200 day moving average price of $30.20.

CenterPoint Energy Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Thursday, February 20th will be paid a dividend of $0.22 per share. This is a positive change from CenterPoint Energy’s previous quarterly dividend of $0.21. This represents a $0.88 annualized dividend and a yield of 2.59%. The ex-dividend date of this dividend is Thursday, February 20th. CenterPoint Energy’s dividend payout ratio (DPR) is currently 55.63%.

Analyst Upgrades and Downgrades

CNP has been the subject of several research analyst reports. Scotiabank upgraded shares of CenterPoint Energy from a “sector perform” rating to a “sector outperform” rating and upped their price objective for the company from $30.00 to $35.00 in a research note on Thursday, December 12th. Barclays raised their price target on CenterPoint Energy from $29.00 to $30.00 and gave the stock an “underweight” rating in a research note on Monday, January 27th. LADENBURG THALM/SH SH started coverage on CenterPoint Energy in a research note on Thursday, December 12th. They issued a “buy” rating and a $34.50 price objective for the company. UBS Group upgraded shares of CenterPoint Energy from a “neutral” rating to a “buy” rating and raised their target price for the stock from $31.00 to $37.00 in a research report on Tuesday, December 3rd. Finally, Guggenheim cut shares of CenterPoint Energy from a “buy” rating to a “neutral” rating in a research note on Thursday, January 23rd. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $31.46.

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.