FY2026 Earnings Forecast for CNP Issued By Scotiabank

CenterPoint Energy, Inc. (NYSE:CNP) – Stock analysts at Scotiabank issued their FY2026 earnings estimates for shares of CenterPoint Energy in a report issued on Wednesday, January 8th. Scotiabank analyst A. Weisel anticipates that the utilities provider will post earnings of $1.87 per share for the year. Scotiabank currently has a “Sector Outperform” rating and a $35.00 target price on the stock. The consensus estimate for CenterPoint Energy’s current full-year earnings is $1.62 per share.

CenterPoint Energy (NYSE:CNP) last released its quarterly earnings data on Monday, October 28th. The utilities provider reported $0.31 earnings per share for the quarter, meeting the consensus estimate of $0.31. The company had revenue of $1.86 billion during the quarter, compared to analyst estimates of $1.88 billion. CenterPoint Energy had a net margin of 11.25% and a return on equity of 9.73%. During the same quarter in the previous year, the business posted $0.40 EPS.

A number of other analysts have also commented on the stock. Morgan Stanley decreased their price target on shares of CenterPoint Energy from $32.00 to $31.00 and set an “equal weight” rating for the company in a research note on Friday, November 22nd. UBS Group raised CenterPoint Energy from a “neutral” rating to a “buy” rating and raised their target price for the company from $31.00 to $37.00 in a research report on Tuesday, December 3rd. 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 for the company. Wells Fargo & Company raised their target price on CenterPoint Energy from $28.00 to $32.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 16th. Finally, StockNews.com downgraded CenterPoint Energy from a “hold” rating to a “sell” rating in a research note on Thursday, October 17th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $31.27.

CenterPoint Energy Stock Performance

Shares of CNP stock opened at $31.14 on Friday. The firm has a market capitalization of $20.29 billion, a PE ratio of 20.62, a price-to-earnings-growth ratio of 2.77 and a beta of 0.95. The firm has a fifty day simple moving average of $31.41 and a two-hundred day simple moving average of $29.57. 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 has a 12 month low of $25.41 and a 12 month high of $33.00.

CenterPoint Energy Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th will be paid a $0.22 dividend. The ex-dividend date of this dividend is Thursday, February 20th. This represents a $0.88 annualized dividend and a yield of 2.83%. This is an increase from CenterPoint Energy’s previous quarterly dividend of $0.21. CenterPoint Energy’s dividend payout ratio (DPR) is currently 58.28%.

Institutional Trading of CenterPoint Energy

A number of large investors have recently modified their holdings of CNP. Barrow Hanley Mewhinney & Strauss LLC boosted its position in shares of CenterPoint Energy by 46.6% during the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,666,563 shares of the utilities provider’s stock valued at $144,570,000 after acquiring an additional 1,484,079 shares during the last quarter. Jacobs Levy Equity Management Inc. boosted its position in shares of CenterPoint Energy by 566.5% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 1,744,742 shares of the utilities provider’s stock valued at $51,330,000 after acquiring an additional 1,482,966 shares during the last quarter. Merewether Investment Management LP bought a new stake in shares of CenterPoint Energy during the 2nd quarter valued at about $31,188,000. Teilinger Capital Ltd. bought a new stake in shares of CenterPoint Energy during the 3rd quarter valued at about $26,478,000. Finally, Zimmer Partners LP boosted its position in shares of CenterPoint Energy by 98.1% during the 3rd quarter. Zimmer Partners LP now owns 1,536,640 shares of the utilities provider’s stock valued at $45,208,000 after acquiring an additional 760,956 shares during the last quarter. Institutional investors own 91.77% of the company’s stock.

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.