CenterPoint Energy Q4 Earnings Forecast Decreased by KeyCorp

CenterPoint Energy, Inc. (NYSE:CNP) – Stock analysts at KeyCorp cut their Q4 2026 EPS estimates for CenterPoint Energy in a report released on Monday, October 12th. KeyCorp analyst S. Karp now forecasts that the utilities provider will post earnings per share of $0.42 for the quarter, down from their previous estimate of $0.46. KeyCorp has an “Overweight” rating and a $44.00 price objective on the stock. The consensus estimate for CenterPoint Energy’s current full-year earnings is $1.91 per share.

A number of other equities analysts have also recently commented on CNP. Weiss Ratings reaffirmed a “buy (b)” rating on shares of CenterPoint Energy in a report on Friday, September 11th. JPMorgan Chase & Co. cut their price target on CenterPoint Energy from $46.00 to $44.00 and set a “neutral” rating for the company in a report on Tuesday. Evercore set a $43.00 price target on CenterPoint Energy in a research report on Monday, August 17th. Morgan Stanley reduced their price target on CenterPoint Energy from $39.00 to $38.00 and set an “equal weight” rating for the company in a research report on Friday, September 18th. Finally, BMO Capital Markets decreased their price objective on CenterPoint Energy from $48.00 to $47.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 22nd. Nine analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $44.38.

CenterPoint Energy Trading Up 0.9%

NYSE:CNP opened at $39.37 on Wednesday. The company has a debt-to-equity ratio of 1.95, a current ratio of 1.12 and a quick ratio of 0.97. The firm has a market capitalization of $25.93 billion, a price-to-earnings ratio of 23.16, a price-to-earnings-growth ratio of 2.58 and a beta of 0.47. CenterPoint Energy has a one year low of $36.37 and a one year high of $45.26. The business has a fifty day moving average price of $39.02 and a 200-day moving average price of $41.61.

CenterPoint Energy (NYSE:CNP) last issued its quarterly earnings results on Tuesday, July 28th. The utilities provider reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.03. The business had revenue of $2.15 billion for the quarter, compared to analysts’ expectations of $2.12 billion. CenterPoint Energy had a net margin of 11.61% and a return on equity of 11.10%. During the same quarter last year, the company posted $0.29 EPS. CenterPoint Energy has set its FY 2026 guidance at 1.890-1.910 EPS.

CenterPoint Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Thursday, November 19th will be given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Thursday, November 19th. CenterPoint Energy’s dividend payout ratio is presently 56.47%.

Institutional Trading of CenterPoint Energy

A number of hedge funds and other institutional investors have recently modified their holdings of CNP. Caitong International Asset Management Co. Ltd raised its position in CenterPoint Energy by 49.6% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 709 shares of the utilities provider’s stock valued at $27,000 after purchasing an additional 235 shares during the period. Focus Financial Network Inc. lifted its stake in CenterPoint Energy by 4.9% during the second quarter. Focus Financial Network Inc. now owns 5,089 shares of the utilities provider’s stock worth $224,000 after purchasing an additional 239 shares in the last quarter. CX Institutional lifted its stake in CenterPoint Energy by 3.7% during the second quarter. CX Institutional now owns 7,643 shares of the utilities provider’s stock worth $337,000 after purchasing an additional 275 shares in the last quarter. IFP Advisors Inc lifted its stake in CenterPoint Energy by 14.9% during the second quarter. IFP Advisors Inc now owns 2,555 shares of the utilities provider’s stock worth $113,000 after purchasing an additional 332 shares in the last quarter. Finally, Accredited Investors Inc. boosted its position in shares of CenterPoint Energy by 5.5% during the first quarter. Accredited Investors Inc. now owns 7,222 shares of the utilities provider’s stock worth $312,000 after buying an additional 375 shares during the period. 91.77% of the stock is owned by hedge funds and other institutional investors.

About CenterPoint Energy

CenterPoint Energy, Inc (NYSE:CNP) is an energy delivery company headquartered in Houston, Texas. The company focuses on electric and natural gas utility operations, delivering essential energy to residential, commercial and industrial customers.

CenterPoint operates electric transmission and distribution systems in the Houston metropolitan area and parts of southwestern Indiana. It also provides natural gas distribution and related energy services in several states, including Texas, Indiana, Louisiana, Mississippi and Ohio.