CenterPoint Energy, Inc. (NYSE:CNP – Free Report) – Analysts at Scotiabank issued their FY2026 EPS estimates for CenterPoint Energy in a research report issued to clients and investors 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 price objective on the stock. The consensus estimate for CenterPoint Energy’s current full-year earnings is $1.62 per share.
CenterPoint Energy (NYSE:CNP – Get Free Report) last released its quarterly earnings results on Monday, October 28th. The utilities provider reported $0.31 EPS for the quarter, hitting analysts’ consensus estimates of $0.31. CenterPoint Energy had a net margin of 11.25% and a return on equity of 9.73%. The business had revenue of $1.86 billion for the quarter, compared to analyst estimates of $1.88 billion. During the same period last year, the firm earned $0.40 earnings per share.
View Our Latest Stock Analysis on CenterPoint Energy
CenterPoint Energy Price Performance
NYSE:CNP opened at $31.14 on Friday. CenterPoint Energy has a 52 week low of $25.41 and a 52 week high of $33.00. The firm has a market cap of $20.29 billion, a price-to-earnings ratio of 20.62, a P/E/G ratio of 2.77 and a beta of 0.95. The firm’s 50-day simple moving average is $31.41 and its 200 day simple moving average is $29.57. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.92 and a current ratio of 1.11.
Institutional Investors Weigh In On CenterPoint Energy
Several hedge funds have recently added to or reduced their stakes in CNP. Wilmington Savings Fund Society FSB acquired a new stake in CenterPoint Energy during the 3rd quarter worth approximately $26,000. First Horizon Advisors Inc. lifted its position in shares of CenterPoint Energy by 51.3% in the 3rd quarter. First Horizon Advisors Inc. now owns 1,106 shares of the utilities provider’s stock worth $33,000 after purchasing an additional 375 shares during the period. Strategic Investment Solutions Inc. IL acquired a new position in shares of CenterPoint Energy in the 2nd quarter worth approximately $36,000. Kimelman & Baird LLC acquired a new position in shares of CenterPoint Energy in the 2nd quarter worth approximately $43,000. Finally, GHP Investment Advisors Inc. lifted its position in shares of CenterPoint Energy by 80.8% in the 2nd quarter. GHP Investment Advisors Inc. now owns 1,629 shares of the utilities provider’s stock worth $50,000 after purchasing an additional 728 shares during the period. 91.77% of the stock is currently owned by institutional investors and hedge funds.
CenterPoint Energy Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Thursday, February 20th will be given a dividend of $0.22 per share. The ex-dividend date of this dividend is Thursday, February 20th. This is an increase from CenterPoint Energy’s previous quarterly dividend of $0.21. This represents a $0.88 annualized dividend and a yield of 2.83%. CenterPoint Energy’s dividend payout ratio (DPR) is currently 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.
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