Q2 EPS Estimates for CenterPoint Energy Increased by KeyCorp

CenterPoint Energy, Inc. (NYSE:CNPFree Report) – Stock analysts at KeyCorp lifted their Q2 2026 EPS estimates for CenterPoint Energy in a report released on Wednesday, July 22nd. KeyCorp analyst S. Karp now expects that the utilities provider will post earnings per share of $0.36 for the quarter, up from their previous forecast of $0.33. KeyCorp currently has a “Overweight” rating and a $46.00 target price on the stock. The consensus estimate for CenterPoint Energy’s current full-year earnings is $1.91 per share. KeyCorp also issued estimates for CenterPoint Energy’s 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.

CenterPoint Energy (NYSE:CNPGet Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The utilities provider reported $0.56 EPS for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $1.98 billion. During the same quarter in the previous year, the company posted $0.53 earnings per share.

Other equities research analysts also recently issued research reports about the company. JPMorgan Chase & Co. increased their target price on CenterPoint Energy from $45.00 to $47.00 and gave the stock a “neutral” rating in a research report on Thursday, July 16th. Jefferies Financial Group set a $50.00 price target on CenterPoint Energy in a research report on Thursday, June 18th. Morgan Stanley set a $40.00 price objective on CenterPoint Energy in a research note on Wednesday. Wells Fargo & Company reiterated an “overweight” rating and set a $48.00 price objective on shares of CenterPoint Energy in a research note on Tuesday, April 21st. Finally, Bank of America increased their price objective on CenterPoint Energy from $42.00 to $44.00 and gave the stock a “neutral” rating in a report on Wednesday, April 15th. Eight investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $45.38.

Check Out Our Latest Stock Analysis on CenterPoint Energy

CenterPoint Energy Stock Up 0.8%

CenterPoint Energy stock opened at $44.59 on Friday. The firm has a 50 day simple moving average of $43.16 and a 200 day simple moving average of $42.30. The company has a current ratio of 1.16, a quick ratio of 1.04 and a debt-to-equity ratio of 1.96. CenterPoint Energy has a 1-year low of $36.60 and a 1-year high of $45.22. The firm has a market capitalization of $29.17 billion, a price-to-earnings ratio of 27.36, a P/E/G ratio of 2.64 and a beta of 0.46.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of CenterPoint Energy by 0.9% during 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. raised its position in shares of CenterPoint Energy by 13.2% in the fourth 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 buying an additional 6,794,535 shares in the last quarter. Capital Research Global Investors boosted its stake in CenterPoint Energy by 1.1% during the fourth quarter. Capital Research Global Investors now owns 20,941,909 shares of the utilities provider’s stock valued at $802,916,000 after buying an additional 235,346 shares during the period. Geode Capital Management LLC boosted its stake in CenterPoint Energy by 1.0% during 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 during the fourth quarter worth about $343,925,000. 91.77% of the stock is owned by institutional investors.

CenterPoint Energy Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be paid a $0.24 dividend. The ex-dividend date is Thursday, August 20th. This represents a $0.96 annualized dividend and a yield of 2.2%. This is a boost from CenterPoint Energy’s previous quarterly dividend of $0.23. CenterPoint Energy’s dividend payout ratio is currently 56.44%.

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CenterPoint Energy Company Profile

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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.

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Earnings History and Estimates for CenterPoint Energy (NYSE:CNP)

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