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

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

CenterPoint Energy Price Performance

CNP stock traded up $0.29 during midday trading on Monday, hitting $39.10. The company’s stock had a trading volume of 6,526,666 shares, compared to its average volume of 5,238,331. The firm has a market capitalization of $25.53 billion, a price-to-earnings ratio of 27.35, a price-to-earnings-growth ratio of 2.84 and a beta of 0.58. CenterPoint Energy has a 12 month low of $28.57 and a 12 month high of $40.50. The company has a 50 day moving average of $38.12 and a two-hundred day moving average of $37.21. The company has a quick ratio of 0.61, a current ratio of 0.79 and a debt-to-equity ratio of 1.87.

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

CenterPoint Energy Announces Dividend

The company also recently declared 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%.

Wall Street Analysts Forecast Growth

CNP has been the topic of several recent analyst reports. Mizuho set a $39.00 target price on shares of CenterPoint Energy and gave the stock a “neutral” rating in a research note on Friday, July 25th. Wall Street Zen lowered shares of CenterPoint Energy from a “hold” rating to a “sell” rating in a report on Friday, July 18th. Scotiabank boosted their price objective on CenterPoint Energy from $40.00 to $42.00 and gave the company a “sector outperform” rating in a report on Friday, July 25th. JPMorgan Chase & Co. boosted their target price on CenterPoint Energy from $39.00 to $40.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 15th. Finally, Barclays boosted their target price on shares of CenterPoint Energy from $38.00 to $39.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 29th. Five investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $38.41.

Institutional Trading of CenterPoint Energy

Hedge funds have recently made changes to their positions in the company. BROOKFIELD Corp ON increased its stake in shares of CenterPoint Energy by 3.9% during the 2nd quarter. BROOKFIELD Corp ON now owns 5,100,512 shares of the utilities provider’s stock worth $187,393,000 after purchasing an additional 190,412 shares in the last quarter. Raymond James Financial Inc. grew its stake in shares of CenterPoint Energy by 23.5% during the 2nd quarter. Raymond James Financial Inc. now owns 4,725,856 shares of the utilities provider’s stock valued at $173,628,000 after buying an additional 899,505 shares during the period. Merewether Investment Management LP grew its stake in shares of CenterPoint Energy by 4.0% during the 2nd quarter. Merewether Investment Management LP now owns 1,343,863 shares of the utilities provider’s stock valued at $49,374,000 after buying an additional 52,263 shares during the period. CANADA LIFE ASSURANCE Co grew its stake in shares of CenterPoint Energy by 3.7% during the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 812,535 shares of the utilities provider’s stock valued at $29,890,000 after buying an additional 28,724 shares during the period. Finally, Sei Investments Co. grew its position in CenterPoint Energy by 50.6% during the second quarter. Sei Investments Co. now owns 550,897 shares of the utilities provider’s stock valued at $20,240,000 after acquiring an additional 185,052 shares during the period. Institutional investors and hedge funds 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.