Analyst Consensus ?
ConsensusHold30 ratings
Bullish1343.3%
Neutral1756.7%
Bearish00.0%
CenterPoint Energy, Inc. · CNP · FY2026 Q1 · Calendar Q2 2026
CenterPoint Energy Beats Estimates, Reaffirms Guidance as Houston Load Growth Accelerates
CenterPoint Energy delivered Q1 FY2026 results ahead of consensus on both EPS ($0.56 vs. $0.549 estimate) and revenue ($2.975B vs. $2.854B estimate), while reaffirming full-year non-GAAP EPS guidance of $1.89-$1.91. The quarter's central narrative is accelerating demand: Houston Electric's committed load has risen to 12.2 GW with 8 GW expected online by 2029, driven by data centers, life sciences, and advanced manufacturing. A new large-load opportunity in Southern Indiana could add up to $1 billion in incremental capex through a combined-cycle conversion and transmission buildout targeted for 2027-2029. Management has derisked roughly 70% of 2026 financing, issued $650M in convertible debt, and expects approximately $150M in annual cash tax relief from a corporate AMT refund. The stock gained 2.5% on the report against a declining benchmark, though a modest subsequent drift of -1.6%…
Reported Before market openNYSEUtilities
$28.08B market cap
90quality score
Company context
Snapshot as of publicationCenterPoint Energy, Inc. operates as a public utility holding enterprise across the United States, primarily through its Electric and Natural Gas divisions. The Electric segment manages power generation assets, alongside the transmission and distribution networks that supply electricity to consumers, and actively participates in the wholesale power market. Its Natural Gas segment delivers natural gas distribution services, provides home appliance maintenance and repair in Minnesota, and extends home repair protection plans to natural gas customers in Arkansas, Indiana, Mississippi, Ohio, Oklahoma, Texas, and Louisiana through a third-party…
Earnings scorecard
Reported versus consensus
Reported EPS
$0.56
Consensus $1
EPS surprise
+2.0%
Reported versus consensus
Reported revenue
$2.98B
Consensus $2.85B
Revenue surprise
+4.2%
Reported versus consensus
Earnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$42.07Current
$29Low
$40.36Average
$50High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Jul 30, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Keybanc | Overweight | Overweight | Maintain | Jul 23, 2026 |
| BMO Capital | Outperform | Outperform | Maintain | Jul 22, 2026 |
| JP Morgan | Neutral | Neutral | Maintain | Jul 16, 2026 |
| Truist Securities | Buy | Buy | Maintain | May 18, 2026 |
| Evercore ISI Group | In Line | In Line | Maintain | May 4, 2026 |
| Jefferies | Buy | Buy | Maintain | Apr 16, 2026 |
| Barclays | Equal Weight | Equal Weight | Maintain | Apr 15, 2026 |
| B of A Securities | Neutral | Neutral | Maintain | Apr 15, 2026 |
| Wells Fargo | Overweight | Overweight | Maintain | Jan 20, 2026 |
| UBS | Buy | Buy | Maintain | Dec 17, 2025 |
| Scotiabank | Sector Outperform | Sector Outperform | Maintain | Oct 24, 2025 |
| Morgan Stanley | Equal Weight | Equal Weight | Maintain | Oct 21, 2025 |
| Mizuho | Neutral | Neutral | Maintain | Sep 30, 2025 |
| Guggenheim | Buy | Buy | Maintain | Feb 21, 2024 |
| RBC Capital | Outperform | Outperform | Maintain | Sep 6, 2023 |
| Credit Suisse | Outperform | Outperform | Maintain | Apr 26, 2022 |
| Citigroup | Neutral | Neutral | Maintain | Feb 23, 2022 |
| Goldman Sachs | Neutral | Buy | Downgrade | Jan 13, 2022 |
| CFRA | Hold | Hold | Maintain | May 7, 2020 |
| SunTrust Robinson Humphrey | Hold | Buy | Downgrade | Nov 15, 2019 |
| Guggenheim Securities | Neutral | Buy | Downgrade | Nov 15, 2019 |
| Bank of America | Neutral | Buy | Downgrade | Nov 15, 2019 |
| Argus | Buy | Buy | Maintain | May 5, 2018 |
| Deutsche Bank | Hold | Hold | Maintain | Aug 8, 2016 |
| Tudor Pickering | Hold | Buy | Downgrade | Jul 5, 2016 |
| Argus Research | Buy | Buy | Maintain | Mar 24, 2016 |
| Macquarie | Neutral | Neutral | Maintain | Jan 28, 2016 |
| Ladenburg Thalmann | Neutral | Neutral | Maintain | Jul 7, 2015 |
| Wolfe Research | Peer Perform | Outperform | Downgrade | Nov 26, 2013 |
| Bank oferica | Buy | Buy | Maintain | May 4, 2012 |
Named analyst price targets
Upside is calculated against the persisted current price $42.07. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Wolfe Research | Steve Fleishman | $49 | $44.2 | +16.5% | Jul 29, 2026 |
| KeyBanc | Sophie Karp | $46 | $43.68 | +9.3% | Jul 23, 2026 |
| Morgan Stanley | David Arcaro | $40 | $43.43 | -4.9% | Jul 22, 2026 |
| BMO Capital | Analyst unavailable | $48 | $43.12 | +14.1% | Jul 15, 2026 |
| Jefferies | Analyst unavailable | $50 | $42.82 | +18.8% | Jun 18, 2026 |
| Truist Financial | Richard Sunderland | $47 | $41.53 | +11.7% | May 18, 2026 |
| Evercore ISI | Analyst unavailable | $45 | $43.52 | +7.0% | May 4, 2026 |
| Wells Fargo | Analyst unavailable | $48 | $42.7 | +14.1% | Apr 21, 2026 |
| Jefferies | Julien Dumoulin-Smith | $49 | $42.82 | +16.5% | Apr 16, 2026 |
| Barclays | Analyst unavailable | $44 | $42.9 | +4.6% | Apr 15, 2026 |
| Mizuho Securities | Analyst unavailable | $44 | $43 | +4.6% | Feb 23, 2026 |
| Morgan Stanley | Analyst unavailable | $37 | $39.59 | -12.1% | Jan 21, 2026 |
| Wells Fargo | Shahriar Pourreza | $47 | $39.71 | +11.7% | Jan 20, 2026 |
| Barclays | Analyst unavailable | $38 | $39.06 | -9.7% | Jan 15, 2026 |
| BMO Capital | Analyst unavailable | $42 | $37.88 | -0.2% | Jan 13, 2026 |
| UBS | Analyst unavailable | $43 | $38.05 | +2.2% | Dec 17, 2025 |
| Morgan Stanley | David Arcaro | $36 | $38.19 | -14.4% | Dec 16, 2025 |
| KeyBanc | Sophie Karp | $41 | $37.31 | -2.5% | Dec 12, 2025 |
| Wells Fargo | Shahriar Pourreza | $44 | $39.74 | +4.6% | Oct 27, 2025 |
| Mizuho Securities | Analyst unavailable | $42 | $40.01 | -0.2% | Oct 21, 2025 |
| Morgan Stanley | Analyst unavailable | $39 | $39.88 | -7.3% | Oct 21, 2025 |
| Barclays | Analyst unavailable | $41 | $40.22 | -2.5% | Oct 21, 2025 |
| UBS | Analyst unavailable | $46 | $39.11 | +9.3% | Oct 10, 2025 |
| Barclays | Analyst unavailable | $40 | $39.46 | -4.9% | Oct 7, 2025 |
| Evercore ISI | Analyst unavailable | $42 | $39.46 | -0.2% | Oct 6, 2025 |
| BMO Capital | James Thalacker | $41 | $38.17 | -2.5% | Oct 2, 2025 |
| Mizuho Securities | Analyst unavailable | $40 | $39.13 | -4.9% | Sep 30, 2025 |
| Morgan Stanley | David Arcaro | $38 | $38 | -9.7% | Aug 21, 2025 |
| Mizuho Securities | Anthony Crowdell | $39 | $38.36 | -7.3% | Jul 25, 2025 |
| Scotiabank | Andrew Weisel | $40 | $38.02 | -4.9% | Apr 25, 2025 |
| UBS | William Appicelli | $37 | $31.99 | -12.1% | Dec 3, 2024 |
| BMO Capital | James Thalacker | $34 | $32.76 | -19.2% | Nov 27, 2024 |
| Scotiabank | Andrew Weisel | $30 | $29.74 | -28.7% | Oct 29, 2024 |
| Barclays | Nicholas Campanella | $29 | $29.57 | -31.1% | Oct 14, 2024 |
| Scotiabank | Andrew Weisel | $28 | $29.7 | -33.4% | Oct 1, 2024 |
| Morgan Stanley | David Arcaro | $32 | $28.64 | -23.9% | Sep 25, 2024 |
| Citigroup | Ryan Levine | $34 | $28.21 | -19.2% | Sep 16, 2024 |
| Bank of America Securities | Ross Fowler | $29 | $27.95 | -31.1% | Sep 12, 2024 |
| BMO Capital | James Thalacker | $28 | $27.09 | -33.4% | Aug 26, 2024 |
| KeyBanc | Sophie Karp | $31 | $28.96 | -26.3% | Jul 22, 2024 |
| BMO Capital | James Thalacker | $33 | $30.5 | -21.6% | Jun 26, 2024 |
| KeyBanc | Sophie Karp | $33 | $30.08 | -21.6% | May 20, 2024 |
| BMO Capital | James Thalacker | $32 | $28.94 | -23.9% | Apr 25, 2024 |
| Morgan Stanley | Analyst unavailable | $31 | $30.53 | -26.3% | Dec 15, 2022 |
| Morgan Stanley | Analyst unavailable | $29 | $29.15 | -31.1% | Nov 11, 2022 |
| Credit Suisse | Analyst unavailable | $34 | $31.75 | -19.2% | Apr 26, 2022 |
| Morgan Stanley | Analyst unavailable | $34 | $32.74 | -19.2% | Apr 20, 2022 |
| Wells Fargo | Analyst unavailable | $36 | $32.08 | -14.4% | Apr 19, 2022 |
| Citigroup | Ryan Levine | $29 | $26.49 | -31.1% | Feb 23, 2022 |
| UBS | Ross Fowler | $30 | $26.72 | -28.7% | Feb 15, 2022 |
| Goldman Sachs | Insoo Kim | $30 | $27.25 | -28.7% | Jan 12, 2022 |
| Scotiabank | Andrew Weisel | $29 | $27.91 | -31.1% | Dec 15, 2021 |
| Guggenheim | Shahriar Pourreza | $29 | $26.16 | -31.1% | Nov 4, 2021 |
Track every rating change on CNP the moment it posts. Free to start.
Start freeMarket reaction
prior-close to event-session close
Stock move
+2.5%
Event window
SPY move
-0.4%
Same window
Abnormal move
+2.9%
Stock minus SPY
Volume
1.5×
Versus trailing sessions
Subsequent drift
-1.6%
Up to 20 sessions
CNPSPY benchmark
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Try FN2 freeTranscript intelligence
What changed
Non-GAAP EPS of $0.56 beat the $0.549 consensus by 2.0%. Revenue of $2.975B exceeded the $2.854B consensus estimate by 4.2%. Houston Electric committed load accelerated to 12.2 GW with 8 GW expected online by 2029. The Ohio LDC divestiture was announced with an expected close in Q4 2026. Approximately $1B in incremental Indiana capex was identified for a CCGT conversion and transmission buildout targeted for 2027-2029. A corporate AMT refund is expected to provide approximately $150M in annual cash tax relief. $650M in convertible debt was issued and 70% of 2026 financing is secured. A Texas Gas GRIP filing was made for a $62M revenue requirement increase.
Guidance delta
Full-year non-GAAP EPS guidance of $1.89-$1.91 was reaffirmed, implying approximately 8% year-over-year growth. Guidance sentiment is maintained. No upward revision was issued despite the beat, though management identified incremental capex upside in Indiana that could support growth beyond the current plan.
Key takeaways
- Non-GAAP EPS of $0.56 beat the $0.549 consensus by 2.0%; revenue of $2.975B exceeded the $2.854B estimate by 4.2%
- Full-year non-GAAP EPS guidance of $1.89-$1.91 reaffirmed, representing approximately 8% YoY growth
- Houston Electric committed load accelerated to 12.2 GW, with 8 GW expected online by 2029; remaining 9 GW to be filed with ERCOT shortly
- $6.8B 2026 capital plan on track; roughly 70% of 2026 financing secured including $650M convertible debt
- Indiana large-load opportunity could drive up to $1B in incremental capex over 2027-2029 and $250M in residential savings over 15 years
- Ohio LDC divestiture expected to close Q4 2026; corporate AMT refund to provide approximately $150M in annual cash tax relief
Management priorities
- Submit remaining 9 GW of load projects to ERCOT in the coming weeks
- Complete the refreshed transmission load study in H2 2026
- File Minnesota and Indiana gas rate cases in Q4 2026
- Pursue $1B Indiana capex project and CCGT conversion by 2029
- Execute Ohio LDC divestiture by Q4 2026
- Leverage AMT refund and prior-period recoveries to improve cash flow
Related earnings events
UtilitiesSources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2026-07-26T00:37:12.209961+00:00
- Polygon adjusted daily market bars · 2026-07-30T13:31:08.142135+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-07-30T13:31:08.139331+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated . For educational purposes only; not investment advice.