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

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

Analysts Set New Price Targets

A number of research firms recently commented on CNP. Guggenheim lowered shares of CenterPoint Energy from a “buy” rating to a “neutral” rating in a research note on Thursday, January 23rd. Scotiabank upgraded shares of CenterPoint Energy from a “sector perform” rating to a “sector outperform” rating and lifted their price target for the stock from $30.00 to $35.00 in a research report on Thursday, December 12th. Barclays lifted their price target on shares of CenterPoint Energy from $29.00 to $30.00 and gave the stock an “underweight” rating in a research report on Monday, January 27th. UBS Group upgraded shares of CenterPoint Energy from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $31.00 to $37.00 in a research report on Tuesday, December 3rd. Finally, Morgan Stanley decreased their price target on shares of CenterPoint Energy from $32.00 to $31.00 and set an “equal weight” rating on the stock in a research report on Friday, November 22nd. Two 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 stock. According to MarketBeat.com, CenterPoint Energy currently has an average rating of “Hold” and a consensus target price of $31.46.

CenterPoint Energy Trading Down 0.9 %

CenterPoint Energy stock traded down $0.32 during midday trading on Thursday, reaching $33.56. The stock had a trading volume of 2,338,938 shares, compared to its average volume of 4,019,488. The firm’s fifty day simple moving average is $32.25 and its two-hundred day simple moving average is $30.20. CenterPoint Energy has a twelve month low of $25.41 and a twelve month high of $34.17. The company has a debt-to-equity ratio of 1.87, a current ratio of 1.11 and a quick ratio of 0.92. The firm has a market cap of $21.87 billion, a price-to-earnings ratio of 22.19, a PEG ratio of 2.72 and a beta of 0.95.

CenterPoint Energy (NYSE:CNP) last posted its quarterly earnings data on Thursday, February 20th. The utilities provider reported $0.40 EPS for the quarter, hitting analysts’ consensus estimates of $0.40. CenterPoint Energy had a net margin of 11.25% and a return on equity of 9.73%. Equities analysts anticipate that CenterPoint Energy will post 1.62 EPS for the current fiscal year.

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 dividend of $0.22 per share. The ex-dividend date of this dividend is Thursday, February 20th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.62%. This is a positive change from CenterPoint Energy’s previous quarterly dividend of $0.21. CenterPoint Energy’s dividend payout ratio (DPR) is 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.