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

CNP opened at $34.32 on Friday. The stock’s 50 day simple moving average is $32.34 and its 200-day simple moving average is $30.28. The company has a current ratio of 1.08, a quick ratio of 0.92 and a debt-to-equity ratio of 1.91. The stock has a market cap of $22.37 billion, a PE ratio of 21.59, a P/E/G ratio of 2.71 and a beta of 0.95. CenterPoint Energy has a 1 year low of $25.41 and a 1 year high of $34.39.

CenterPoint Energy (NYSE:CNP) last announced its quarterly earnings results on Thursday, February 20th. The utilities provider reported $0.40 EPS for the quarter, meeting the consensus estimate of $0.40. The business had revenue of $2.26 billion for the quarter, compared to analyst estimates of $2.46 billion. CenterPoint Energy had a return on equity of 10.02% and a net margin of 11.79%. Sell-side analysts forecast that CenterPoint Energy will post 1.75 EPS for the current year.

CenterPoint Energy Increases Dividend

The business 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 $0.22 dividend. This is a positive change from CenterPoint Energy’s previous quarterly dividend of $0.21. The ex-dividend date is Thursday, February 20th. This represents a $0.88 annualized dividend and a yield of 2.56%. CenterPoint Energy’s payout ratio is currently 55.35%.

Analyst Ratings Changes

A number of equities analysts have commented on CNP shares. Morgan Stanley reduced their price objective on CenterPoint Energy from $32.00 to $31.00 and set an “equal weight” rating on the stock in a research note on Friday, November 22nd. 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 objective on the stock. UBS Group upgraded CenterPoint Energy from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $31.00 to $37.00 in a research report on Tuesday, December 3rd. Scotiabank upgraded CenterPoint Energy from a “sector perform” rating to a “sector outperform” rating and boosted their target price for the stock from $30.00 to $35.00 in a research report on Thursday, December 12th. Finally, Barclays upped their price objective on CenterPoint Energy from $29.00 to $30.00 and gave the company an “underweight” rating in a report on Monday, January 27th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, CenterPoint Energy has an average rating of “Hold” and an average target price of $31.65.

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.