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

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

CenterPoint Energy Stock Performance

NYSE:CNP opened at $34.04 on Thursday. CenterPoint Energy has a twelve month low of $25.41 and a twelve month high of $34.17. The company has a market capitalization of $22.18 billion, a P/E ratio of 22.54, a price-to-earnings-growth ratio of 2.72 and a beta of 0.95. The company has a current ratio of 1.11, a quick ratio of 0.92 and a debt-to-equity ratio of 1.87. The firm has a 50-day moving average price of $32.25 and a two-hundred day moving average price of $30.20.

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 issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 2.59%. The ex-dividend date of this dividend is Thursday, February 20th. This is a boost from CenterPoint Energy’s previous quarterly dividend of $0.21. CenterPoint Energy’s dividend payout ratio is 55.63%.

Analyst Upgrades and Downgrades

CNP has been the subject of several analyst reports. Morgan Stanley cut their target price on shares of CenterPoint Energy from $32.00 to $31.00 and set an “equal weight” rating for the company in a research note on Friday, November 22nd. Barclays raised their target price 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 CenterPoint Energy from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $31.00 to $37.00 in a report on Tuesday, December 3rd. Scotiabank upgraded CenterPoint Energy from a “sector perform” rating to a “sector outperform” rating and increased their target price for the stock from $30.00 to $35.00 in a research report on Thursday, December 12th. Finally, LADENBURG THALM/SH SH initiated coverage on CenterPoint Energy in a research note on Thursday, December 12th. They issued a “buy” rating and a $34.50 price target on the stock. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $31.46.

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.