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

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

Analyst Ratings Changes

A number of analysts recently commented on the company. Guggenheim cut CenterPoint Energy from a “buy” rating to a “neutral” rating in a research report on Thursday, January 23rd. 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 price objective for the company. Morgan Stanley reduced their price objective on CenterPoint Energy from $32.00 to $31.00 and set an “equal weight” rating for the company in a research report on Friday, November 22nd. Barclays boosted their price target on CenterPoint Energy from $29.00 to $30.00 and gave the company an “underweight” rating in a report on Monday, January 27th. Finally, UBS Group raised CenterPoint Energy from a “neutral” rating to a “buy” rating and boosted their price target for the company from $31.00 to $37.00 in a report on Tuesday, December 3rd. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $31.46.

CenterPoint Energy Price Performance

Shares of NYSE CNP traded up $0.23 during mid-day trading on Friday, reaching $33.96. The company’s stock had a trading volume of 1,887,072 shares, compared to its average volume of 4,049,038. The firm has a market capitalization of $22.13 billion, a PE ratio of 22.49, a P/E/G ratio of 2.74 and a beta of 0.95. 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 stock has a fifty day moving average of $32.29 and a two-hundred day moving average of $30.22. CenterPoint Energy has a 52 week low of $25.41 and a 52 week high of $34.17.

CenterPoint Energy (NYSE:CNP) last released its quarterly earnings data on Thursday, February 20th. The utilities provider reported $0.40 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.40. The firm had revenue of $2.26 billion during the quarter, compared to analyst estimates of $2.46 billion. CenterPoint Energy had a return on equity of 9.73% and a net margin of 11.25%. As a group, sell-side analysts anticipate that CenterPoint Energy will post 1.62 EPS for the current fiscal year.

CenterPoint Energy Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Thursday, February 20th will be paid a dividend of $0.22 per share. The ex-dividend date is Thursday, February 20th. This is a positive change from CenterPoint Energy’s previous quarterly dividend of $0.21. This represents a $0.88 dividend on an annualized basis and a yield of 2.59%. CenterPoint Energy’s dividend payout ratio is presently 55.63%.

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.