KeyCorp Equities Analysts Raise Earnings Estimates for CNP

CenterPoint Energy, Inc. (NYSE:CNP) – Investment analysts at KeyCorp boosted their Q2 2026 earnings estimates for shares of CenterPoint Energy in a report released on Wednesday, July 22nd. KeyCorp analyst S. Karp now expects that the utilities provider will post earnings of $0.36 per share for the quarter, up from their previous forecast of $0.33. KeyCorp has a “Overweight” rating and a $46.00 price objective on the stock. The consensus estimate for CenterPoint Energy’s current full-year earnings is $1.91 per share. KeyCorp also issued estimates for CenterPoint Energy’s Q3 2026 earnings at $0.51 EPS, Q4 2026 earnings at $0.46 EPS, FY2026 earnings at $1.91 EPS, FY2027 earnings at $2.09 EPS, FY2028 earnings at $2.28 EPS, FY2029 earnings at $2.48 EPS and FY2030 earnings at $2.70 EPS.

CenterPoint Energy (NYSE:CNP) last announced its earnings results on Thursday, April 23rd. The utilities provider reported $0.56 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.02). CenterPoint Energy had a return on equity of 10.56% and a net margin of 11.38%.The business had revenue of $2.98 billion for the quarter, compared to analyst estimates of $1.98 billion. During the same quarter in the previous year, the company earned $0.53 EPS.

CNP has been the topic of a number of other research reports. Evercore set a $45.00 price target on CenterPoint Energy in a research report on Monday, May 4th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $48.00 price objective on shares of CenterPoint Energy in a report on Tuesday, April 21st. BTIG Research began coverage on CenterPoint Energy in a research report on Tuesday, June 30th. They set a “neutral” rating for the company. Truist Financial reduced their target price on CenterPoint Energy from $48.00 to $47.00 and set a “buy” rating on the stock in a report on Monday, May 18th. Finally, Wall Street Zen cut CenterPoint Energy from a “hold” rating to a “sell” rating in a research report on Saturday, April 25th. Eight research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $45.38.

CenterPoint Energy Stock Up 1.2%

Shares of CNP opened at $44.22 on Friday. The company has a current ratio of 1.16, a quick ratio of 1.04 and a debt-to-equity ratio of 1.96. CenterPoint Energy has a 12 month low of $36.59 and a 12 month high of $45.22. The firm’s 50 day moving average is $43.10 and its 200-day moving average is $42.28. The stock has a market capitalization of $28.93 billion, a PE ratio of 27.13, a P/E/G ratio of 2.59 and a beta of 0.46.

Institutional Investors Weigh In On CenterPoint Energy

A number of large investors have recently modified their holdings of CNP. Ethos Capital Management Inc. bought a new stake in shares of CenterPoint Energy during the fourth quarter worth $1,356,000. Allspring Global Investments Holdings LLC lifted its stake in shares of CenterPoint Energy by 18.7% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 443,406 shares of the utilities provider’s stock valued at $17,173,000 after acquiring an additional 69,700 shares during the last quarter. Capital Research Global Investors boosted its holdings in shares of CenterPoint Energy by 1.1% during the 4th quarter. Capital Research Global Investors now owns 20,941,909 shares of the utilities provider’s stock valued at $802,916,000 after acquiring an additional 235,346 shares in the last quarter. Artemis Investment Management LLP boosted its holdings in shares of CenterPoint Energy by 96.0% during the 4th quarter. Artemis Investment Management LLP now owns 1,595,867 shares of the utilities provider’s stock valued at $61,186,000 after acquiring an additional 781,849 shares in the last quarter. Finally, Principal Financial Group Inc. grew its position in CenterPoint Energy by 6.9% during the 4th quarter. Principal Financial Group Inc. now owns 962,624 shares of the utilities provider’s stock worth $36,907,000 after acquiring an additional 61,740 shares during the last quarter. Institutional investors and hedge funds own 91.77% of the company’s stock.

CenterPoint Energy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be paid a dividend of $0.24 per share. The ex-dividend date is Thursday, August 20th. This is a boost from CenterPoint Energy’s previous quarterly dividend of $0.23. This represents a $0.96 annualized dividend and a yield of 2.2%. CenterPoint Energy’s dividend payout ratio is currently 56.44%.

About CenterPoint Energy

CenterPoint Energy, Inc (NYSE: CNP) is a Houston-based regulated utility company that provides electric and natural gas delivery services and related infrastructure operations. The company’s principal activities center on the transmission and distribution of electricity in the greater Houston metropolitan area and the distribution of natural gas to customers across several states in the Midwest and South. As a vertically integrated utility, CenterPoint focuses on the reliable delivery of energy through owned and operated networks of lines, pipelines and associated facilities.

CenterPoint’s core businesses include regulated electric transmission and distribution services, regulated natural gas distribution, and the operation and maintenance of energy infrastructure.