Guggenheim downgraded CenterPoint from Buy to Neutral
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/22/2025 | $37.00 | Underweight → Equal Weight | Barclays |
| 4/2/2025 | $42.00 | Buy | Jefferies |
| 3/11/2025 | $36.00 → $37.00 | In-line → Outperform | Evercore ISI |
| 1/23/2025 | Buy → Neutral | Guggenheim | |
| 12/12/2024 | $34.50 | Buy | Ladenburg Thalmann |
| 12/3/2024 | $31.00 → $37.00 | Neutral → Buy | UBS |
| 9/12/2024 | $29.00 | Neutral | BofA Securities |
| 8/13/2024 | $32.00 → $28.00 | Overweight → Equal Weight | Wells Fargo |
CenterPoint Energy, Inc. (NYSE:CNP) or "CenterPoint Energy" announced today that it has commenced cash tender offers (each, a "Tender Offer" and collectively, the "Tender Offers") for (i) up to $600,000,000 aggregate purchase price (excluding Accrued Interest (as defined below)) (the "CenterPoint Energy Notes Maximum Amount") of its 5.25% Senior Notes due 2026, 3.70% Senior Notes due 2049, 4.25% Senior Notes due 2028, 5.40% Senior Notes due 2029, 2.95% Senior Notes due 2030 and 2.65% Senior Notes due 2031 (collectively, the "CenterPoint Energy Notes"), in the priorities set forth in the first table below (the "CenterPoint Energy Notes Tender Offers"), and (ii) up to $400,000,000 aggregate p
Reports Q1 2025 earnings of $0.45 per diluted share on a GAAP basis and $0.53 earnings per diluted share on a non-GAAP basis ("non-GAAP EPS") Reiterates 2025 non-GAAP EPS guidance range of $1.74-$1.76, which, at the midpoint, represents 8% growth over full-year 2024 non-GAAP EPS and further maintains non-GAAP EPS growth target of the mid-to-high end of 6%-8% annually thereafter through 20301 Provides update that current interconnection queue is up ~7GWs since the end of 2024, strengthening conviction in 50% load growth forecast by 2031 Increases 10-year capital investment plan to $48.5 billion, a $1 billion increase through 2030 CenterPoint Energy, Inc. (NYSE:CNP) or "CenterPoin
Election of new directors further advances CenterPoint's utility and customer-focused strategy New Directors bring deep experience in utility industry, operational rigor, infrastructure resiliency, hurricane and emergency response, and financing strategyHOUSTON, April 16, 2025 /PRNewswire/ -- As part of its on-going refreshment process of its Board of Directors, CenterPoint Energy (NYSE:CNP) today announced that its shareholders elected two new members to its Board. Manuel ("Manny") Miranda, a 40-year veteran of NextEra and Florida Power & Light and Laurie Fitch, senior advisor at PJT Partners, a global, advisory-focused investment bank, join CenterPoint's Board effective April 16, 2025.
3 - CENTERPOINT ENERGY INC (0001130310) (Issuer)
3 - CENTERPOINT ENERGY INC (0001130310) (Issuer)
4 - CENTERPOINT ENERGY INC (0001130310) (Issuer)
8-K - CENTERPOINT ENERGY INC (0001130310) (Filer)
8-K - CENTERPOINT ENERGY INC (0001130310) (Filer)
10-Q - CENTERPOINT ENERGY INC (0001130310) (Filer)
In the news release, CenterPoint Energy appoints Dean Seavers as new Board member, issued 16-Dec-2024 by CenterPoint Energy, Inc over PR Newswire, the Forward-Looking Statement paragraph was incorrectly transmitted by PR Newswire. The complete, corrected release follows: CenterPoint Energy appoints Dean Seavers as new Board member HOUSTON, Dec. 16, 2024 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE:CNP) today announced the appointment of Dean Seavers, former President of National Grid U.S. and Executive Director of National Grid's parent company, to its Board of Directors, effective Dec. 31, 2024. Seavers brings a background of deep electric and gas utility experience to the Board as wel
HOUSTON, Dec. 16, 2024 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE:CNP) today announced the appointment of Dean Seavers, former President of National Grid U.S. and Executive Director of National Grid's parent company, to its Board of Directors, effective Dec. 31, 2024. Seavers brings a background of deep electric and gas utility experience to the Board as well as currently serving as a Senior Advisor for Stifel Financial. His appointment will fill a vacancy on the Board and he is expected to stand for election as a director at the company's annual meeting of shareholders in 2025.
Additional senior leadership team hire underscores the company's commitment to improving emergency preparation, management and coordination after Hurricane Beryl HOUSTON, Oct. 28, 2024 /PRNewswire/ -- CenterPoint Energy announced today the hiring of a new senior leader with tested industry experience in emergency management to transform its Emergency Preparedness and Response strategy. This enterprise leadership position underscores CenterPoint's commitment to improving its emergency response and coordination following Hurricane Beryl, and represents completing another of the more than 40 commitments CenterPoint made as part of the Greater Houston Resiliency Initiative (GHRI) in August.
4 - CENTERPOINT ENERGY INC (0001130310) (Issuer)
4 - CENTERPOINT ENERGY INC (0001130310) (Issuer)
4 - CENTERPOINT ENERGY INC (0001130310) (Issuer)
Barclays upgraded CenterPoint from Underweight to Equal Weight and set a new price target of $37.00
Jefferies initiated coverage of CenterPoint with a rating of Buy and set a new price target of $42.00
Evercore ISI upgraded CenterPoint from In-line to Outperform and set a new price target of $37.00 from $36.00 previously
Reports Q1 2025 earnings of $0.45 per diluted share on a GAAP basis and $0.53 earnings per diluted share on a non-GAAP basis ("non-GAAP EPS") Reiterates 2025 non-GAAP EPS guidance range of $1.74-$1.76, which, at the midpoint, represents 8% growth over full-year 2024 non-GAAP EPS and further maintains non-GAAP EPS growth target of the mid-to-high end of 6%-8% annually thereafter through 20301 Provides update that current interconnection queue is up ~7GWs since the end of 2024, strengthening conviction in 50% load growth forecast by 2031 Increases 10-year capital investment plan to $48.5 billion, a $1 billion increase through 2030 CenterPoint Energy, Inc. (NYSE:CNP) or "CenterPoin
HOUSTON, April 16, 2025 /PRNewswire/ -- CenterPoint Energy, Inc.'s (NYSE:CNP) Board of Directors today declared a regular quarterly cash dividend of $0.2200 per share on the issued and outstanding shares of Common Stock payable on June 12, 2025, to shareholders of record at the close of business on May 15, 2025. About CenterPoint Energy, Inc. CenterPoint Energy, Inc. (NYSE:CNP) is a multi-state electric and natural gas delivery company serving approximately 7 million metered customers across Indiana, Minnesota, Ohio, and Texas. The company is headquartered in Houston and is th
Houston, TX, April 02, 2025 (GLOBE NEWSWIRE) -- Date: April 24, 2025 Time: 7:00 a.m. Central time or 8:00 a.m. Eastern time Listen via internet: http://investors.centerpointenergy.com/ Click "Investors", and click the link "CenterPoint Energy, Inc. First Quarter 2025 Earnings Conference Call" As the only investor-owned electric and gas utility based in Texas, CenterPoint Energy, Inc. (NYSE:CNP) is an energy delivery company with electric transmission and distribution, power generation and natural gas distribution operations that serve approximately 7 million metered customers in Indiana, Minnesota, Ohio, and Texas. As of December 31, 2024, the company owned approximat
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