KeyCorp Has Lowered Expectations for CenterPoint Energy (NYSE:CNP) Stock Price

CenterPoint Energy (NYSE:CNP) had its price objective dropped by investment analysts at KeyCorp from $47.00 to $46.00 in a report released on Thursday, Marketbeat reports. The firm presently has an “overweight” rating on the utilities provider’s stock. KeyCorp’s price target would indicate a potential upside of 3.16% from the stock’s previous close. KeyCorp also issued estimates for CenterPoint Energy’s Q2 2026 earnings at $0.36 EPS, Q3 2026 earnings at $0.51 EPS, Q4 2026 earnings at $0.46 EPS, FY2026 earnings at $1.91 EPS, FY2027 earnings at $2.09 EPS, FY2028 earnings at $2.28 EPS, FY2029 earnings at $2.48 EPS and FY2030 earnings at $2.70 EPS.

A number of other equities research analysts also recently commented on CNP. Morgan Stanley set a $40.00 price objective on CenterPoint Energy in a research report on Wednesday. Truist Financial reduced their target price on CenterPoint Energy from $48.00 to $47.00 and set a “buy” rating on the stock in a research report on Monday, May 18th. BTIG Research initiated coverage on CenterPoint Energy in a research note on Tuesday, June 30th. They issued a “neutral” rating on the stock. BMO Capital Markets dropped their price objective on shares of CenterPoint Energy from $48.00 to $47.00 and set an “outperform” rating for the company in a research note on Wednesday. Finally, Evercore set a $45.00 price objective on shares of CenterPoint Energy in a report on Monday, May 4th. Eight investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $45.38.

CenterPoint Energy Stock Up 0.8%

Shares of NYSE CNP opened at $44.59 on Thursday. CenterPoint Energy has a 1 year low of $36.60 and a 1 year high of $45.22. The firm’s 50 day moving average price is $43.16 and its 200 day moving average price is $42.30. The firm has a market cap of $29.17 billion, a P/E ratio of 27.36, a price-to-earnings-growth ratio of 2.62 and a beta of 0.46. The company has a debt-to-equity ratio of 1.96, a quick ratio of 1.04 and a current ratio of 1.16.

CenterPoint Energy (NYSE:CNP) last issued its quarterly earnings results on Thursday, April 23rd. The utilities provider reported $0.56 earnings per share for the quarter, missing the consensus estimate of $0.58 by ($0.02). CenterPoint Energy had a net margin of 11.38% and a return on equity of 10.56%. The business had revenue of $2.98 billion during the quarter, compared to analyst estimates of $1.98 billion. During the same quarter last year, the firm posted $0.53 earnings per share. As a group, sell-side analysts anticipate that CenterPoint Energy will post 1.91 earnings per share for the current year.

Institutional Investors Weigh In On CenterPoint Energy

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in shares of CenterPoint Energy by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 82,381,128 shares of the utilities provider’s stock valued at $3,158,492,000 after purchasing an additional 719,803 shares in the last quarter. T. Rowe Price Investment Management Inc. increased its position in CenterPoint Energy by 13.2% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 58,286,690 shares of the utilities provider’s stock worth $2,234,712,000 after purchasing an additional 6,794,535 shares in the last quarter. Capital Research Global Investors increased its position in CenterPoint Energy by 1.1% during the 4th quarter. Capital Research Global Investors now owns 20,941,909 shares of the utilities provider’s stock worth $802,916,000 after purchasing an additional 235,346 shares in the last quarter. Geode Capital Management LLC raised its holdings in CenterPoint Energy by 1.0% in the fourth quarter. Geode Capital Management LLC now owns 17,023,720 shares of the utilities provider’s stock valued at $650,189,000 after buying an additional 166,305 shares during the period. Finally, Norges Bank purchased a new position in CenterPoint Energy in the fourth quarter valued at approximately $343,925,000. 91.77% of the stock is currently owned by institutional investors and hedge funds.

CenterPoint Energy News Summary

Here are the key news stories impacting CenterPoint Energy this week:

• Positive Sentiment: KeyCorp lifted its FY2026 EPS estimate for CenterPoint Energy to $1.91, matching the consensus and signaling confidence in near-term earnings. MarketBeat CNP report
• Positive Sentiment: KeyCorp also increased its Q2, Q3, FY2027, FY2028, FY2029, and FY2030 earnings estimates, reinforcing a more constructive long-term outlook for CenterPoint Energy. MarketBeat CNP report
• Positive Sentiment: Zacks upgraded CenterPoint Energy to Rank #2 (Buy), which may attract additional investors looking for improving earnings momentum. Article: What Makes CenterPoint (CNP) a New Buy Stock
• Neutral Sentiment: Another Zacks note highlighted CenterPoint as a possible dividend stock, but did not provide a major new catalyst on its own. Article: CenterPoint Energy (CNP) Could Be a Great Choice
• Neutral Sentiment: KeyCorp trimmed its Q4 2026 EPS estimate slightly and BMO Capital Markets reportedly lowered expectations, but these moves were modest and partly offset by the broader round of upward revisions. Article: Centerpoint Energy (CNP) Receives a Hold from Morgan Stanley
• Negative Sentiment: Morgan Stanley reportedly initiated or maintained a Hold view on CenterPoint Energy, which may temper enthusiasm somewhat. Article: Centerpoint Energy (CNP) Receives a Hold from Morgan Stanley

CenterPoint Energy Company Profile

CenterPoint Energy, Inc (NYSE: CNP) is a Houston-based regulated utility company that provides electric and natural gas delivery services and related infrastructure operations. The company’s principal activities center on the transmission and distribution of electricity in the greater Houston metropolitan area and the distribution of natural gas to customers across several states in the Midwest and South. As a vertically integrated utility, CenterPoint focuses on the reliable delivery of energy through owned and operated networks of lines, pipelines and associated facilities.

CenterPoint’s core businesses include regulated electric transmission and distribution services, regulated natural gas distribution, and the operation and maintenance of energy infrastructure.