Zacks Research Issues Pessimistic Forecast for CNP Earnings

CenterPoint Energy, Inc. (NYSE:CNP - Free Report) - Zacks Research cut their Q2 2026 earnings per share estimates for CenterPoint Energy in a research note issued to investors on Wednesday, June 11th. Zacks Research analyst R. Department now anticipates that the utilities provider will post earnings per share of $0.44 for the quarter, down from their prior forecast of $0.45. The consensus estimate for CenterPoint Energy's current full-year earnings is $1.75 per share. Zacks Research also issued estimates for CenterPoint Energy's Q1 2027 earnings at $0.60 EPS.

Other equities analysts also recently issued reports about the company. JPMorgan Chase & Co. upped their price target on CenterPoint Energy from $38.00 to $39.00 and gave the stock a "neutral" rating in a research report on Monday, May 19th. Argus raised CenterPoint Energy to a "hold" rating in a research report on Friday, April 4th. BMO Capital Markets increased their price target on CenterPoint Energy from $35.00 to $36.00 and gave the company a "market perform" rating in a research note on Monday, March 17th. Scotiabank reissued an "outperform" rating and issued a $40.00 price target (up previously from $35.00) on shares of CenterPoint Energy in a report on Friday, April 25th. Finally, Jefferies Financial Group started coverage on shares of CenterPoint Energy in a report on Wednesday, April 2nd. They set a "buy" rating and a $42.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $36.04.

CenterPoint Energy Stock Down 0.5%

CNP traded down $0.18 during trading on Monday, hitting $35.54. The stock had a trading volume of 4,437,720 shares, compared to its average volume of 5,641,539. The stock has a 50 day simple moving average of $37.26 and a two-hundred day simple moving average of $34.70. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.79 and a current ratio of 0.93. CenterPoint Energy has a twelve month low of $25.41 and a twelve month high of $39.31. The company has a market capitalization of $23.20 billion, a PE ratio of 23.85, a PEG ratio of 2.63 and a beta of 0.59.

CenterPoint Energy (NYSE:CNP - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The utilities provider reported $0.53 EPS for the quarter, missing the consensus estimate of $0.55 by ($0.02). CenterPoint Energy had a net margin of 10.80% and a return on equity of 9.74%. The firm had revenue of $2.92 billion for the quarter, compared to analysts' expectations of $2.73 billion. During the same period in the previous year, the company posted $0.55 earnings per share.

CenterPoint Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 12th. Investors of record on Thursday, May 15th were given a dividend of $0.22 per share. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $0.88 dividend on an annualized basis and a yield of 2.48%. CenterPoint Energy's payout ratio is presently 59.06%.

Institutional Trading of CenterPoint Energy

Several large investors have recently bought and sold shares of CNP. Voya Investment Management LLC boosted its holdings in shares of CenterPoint Energy by 13.7% during the 1st quarter. Voya Investment Management LLC now owns 491,097 shares of the utilities provider's stock worth $17,792,000 after purchasing an additional 59,225 shares during the last quarter. Inspire Investing LLC increased its holdings in shares of CenterPoint Energy by 2.4% in the first quarter. Inspire Investing LLC now owns 70,483 shares of the utilities provider's stock valued at $2,554,000 after purchasing an additional 1,667 shares during the last quarter. Intrua Financial LLC lifted its position in CenterPoint Energy by 8.3% during the first quarter. Intrua Financial LLC now owns 6,957 shares of the utilities provider's stock worth $252,000 after buying an additional 534 shares in the last quarter. Focus Partners Wealth boosted its stake in CenterPoint Energy by 12.3% during the first quarter. Focus Partners Wealth now owns 9,615 shares of the utilities provider's stock worth $348,000 after buying an additional 1,053 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in CenterPoint Energy by 10.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,842,307 shares of the utilities provider's stock worth $139,207,000 after buying an additional 352,425 shares during the last quarter. Hedge funds and other institutional investors own 91.77% of the company's stock.

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.