FY2026 Earnings Forecast for CNP Issued By Scotiabank

CenterPoint Energy, Inc. (NYSE:CNP) – Stock analysts at Scotiabank issued their FY2026 EPS estimates for CenterPoint Energy in a report released on Wednesday, January 8th. Scotiabank analyst A. Weisel expects that the utilities provider will post earnings per share of $1.87 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 posted its 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 firm had revenue of $1.86 billion during the quarter, compared to the consensus estimate 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 last year, the company earned $0.40 earnings per share.

Several other equities analysts have also recently commented on CNP. Morgan Stanley reduced 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 note on Friday, November 22nd. LADENBURG THALM/SH SH initiated coverage on shares of CenterPoint Energy in a research note on Thursday, December 12th. They set a “buy” rating and a $34.50 price objective for the company. StockNews.com cut shares of CenterPoint Energy from a “hold” rating to a “sell” rating in a research note on Thursday, October 17th. UBS Group raised shares of CenterPoint Energy from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $31.00 to $37.00 in a research note on Tuesday, December 3rd. Finally, Wells Fargo & Company boosted their price objective on shares of 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 research analysts have rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $31.27.

CenterPoint Energy Price Performance

Shares of NYSE:CNP opened at $31.22 on Friday. The company has a 50 day moving average of $31.46 and a 200 day moving average of $29.56. The stock has a market cap of $20.35 billion, a P/E ratio of 20.68, a P/E/G ratio of 2.77 and a beta of 0.95. CenterPoint Energy has a 12 month low of $25.41 and a 12 month high of $33.00. The company has a current ratio of 1.11, a quick ratio of 0.92 and a debt-to-equity ratio of 1.87.

Institutional Investors Weigh In On CenterPoint Energy

A number of hedge funds have recently made changes to their positions in the business. First Hawaiian Bank lifted its holdings in shares of CenterPoint Energy by 10.2% in the 4th quarter. First Hawaiian Bank now owns 12,521 shares of the utilities provider’s stock worth $397,000 after acquiring an additional 1,160 shares during the last quarter. Fulton Bank N.A. lifted its holdings in shares of CenterPoint Energy by 5.3% in the 4th quarter. Fulton Bank N.A. now owns 13,356 shares of the utilities provider’s stock worth $424,000 after acquiring an additional 676 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of CenterPoint Energy by 53.3% in the 4th quarter. GAMMA Investing LLC now owns 11,459 shares of the utilities provider’s stock worth $364,000 after acquiring an additional 3,983 shares during the last quarter. Principal Financial Group Inc. lifted its holdings in shares of CenterPoint Energy by 7.1% in the 3rd quarter. Principal Financial Group Inc. now owns 847,366 shares of the utilities provider’s stock worth $24,930,000 after acquiring an additional 56,037 shares during the last quarter. Finally, Retirement Systems of Alabama lifted its holdings in shares of CenterPoint Energy by 2.0% in the 3rd quarter. Retirement Systems of Alabama now owns 143,906 shares of the utilities provider’s stock worth $4,234,000 after acquiring an additional 2,789 shares during the last quarter. 91.77% of the stock is currently owned by institutional investors.

CenterPoint Energy Increases Dividend

The business also recently declared 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. This represents a $0.88 dividend on an annualized basis and a yield of 2.82%. The ex-dividend date is Thursday, February 20th. This is a boost from CenterPoint Energy’s previous quarterly dividend of $0.21. CenterPoint Energy’s payout ratio is currently 58.28%.

About CenterPoint Energy

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.