CenterPoint Energy (NYSE:CNP) Releases 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 (EPS) guidance of 1.740-1.760 for the period, compared to the consensus estimate of 1.750. The company issued revenue guidance of -.

CenterPoint Energy Trading Up 0.7 %

Shares of CNP stock traded up $0.23 during trading hours on Friday, reaching $33.96. The company’s stock had a trading volume of 1,887,072 shares, compared to its average volume of 4,049,038. The stock has a market capitalization of $22.13 billion, a P/E ratio of 22.49, a P/E/G ratio of 2.74 and a beta of 0.95. CenterPoint Energy has a one year low of $25.41 and a one year high of $34.17. The firm’s fifty day simple moving average is $32.29 and its 200 day simple moving average is $30.22. The company has a current ratio of 1.11, a quick ratio of 0.92 and a debt-to-equity ratio of 1.87.

CenterPoint Energy (NYSE:CNP) last released its quarterly earnings results on Thursday, February 20th. The utilities provider reported $0.40 earnings per share for the quarter, meeting the consensus estimate of $0.40. CenterPoint Energy had a return on equity of 9.73% and a net margin of 11.25%. The company had revenue of $2.26 billion for the quarter, compared to analyst estimates of $2.46 billion. Equities research analysts expect that CenterPoint Energy will post 1.62 EPS for the current year.

CenterPoint Energy Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Thursday, February 20th will be given a dividend of $0.22 per share. The ex-dividend date is Thursday, February 20th. This is a positive change from CenterPoint Energy’s previous quarterly dividend of $0.21. This represents a $0.88 annualized dividend and a dividend yield of 2.59%. CenterPoint Energy’s payout ratio is currently 55.63%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on CNP shares. Scotiabank upgraded CenterPoint Energy from a “sector perform” rating to a “sector outperform” rating and lifted their price target for the company from $30.00 to $35.00 in a research report on Thursday, December 12th. LADENBURG THALM/SH SH initiated coverage on CenterPoint Energy in a report on Thursday, December 12th. They issued a “buy” rating and a $34.50 target price on the stock. Morgan Stanley dropped their target price on CenterPoint Energy from $32.00 to $31.00 and set an “equal weight” rating on the stock in a report on Friday, November 22nd. UBS Group raised 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 report on Tuesday, December 3rd. Finally, Barclays boosted their target price on CenterPoint Energy from $29.00 to $30.00 and gave the stock an “underweight” rating in a report on Monday, January 27th. 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $31.46.

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.