JP Morgan downgraded CenterPoint from Overweight to Neutral and set a new price target of $29.00 from $32.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
| 8/2/2024 | $31.00 → $28.00 | Outperform → Market Perform | BMO Capital Markets |
| 8/2/2024 | Overweight → Sector Weight | KeyBanc Capital Markets | |
| 8/2/2024 | $32.00 → $29.00 | Overweight → Neutral | JP Morgan |
Reported Q4 2024 earnings of $0.38 per diluted share and full year 2024 earnings of $1.58 per diluted share on a GAAP basis Non-GAAP earnings per diluted share ("non-GAAP EPS") was $0.40 for Q4 2024 and $1.62 for full year 2024; 8% increase over 2023 full year non-GAAP EPS of $1.50 Provided forecast of nearly 50% of increased electric load growth demand at Houston Electric service territory by 2031 Increased the 10-year capital plan through 2030 to $47.5 billion, a $500 million increase through 2030 related to incremental capital investments in grid resiliency in the Houston Region Reiterated 2025 non-GAAP EPS guidance range of $1.74-$1.76, which, at the midpoint, represents 8% gro
ERCOT Weather Watch issued for February 19-21 due to forecasted extreme cold weather across its region, meaning higher electrical demand and the potential for lower reserves CenterPoint continues to monitor forecasts and perform readiness checks for its electric and natural gas systems ahead of potential freezing temperatures impacting the company's Texas service territory Company urges customers to have a plan and make winter weather preparations to stay safe and warm HOUSTON, Feb. 18, 2025 /PRNewswire/ -- With extreme cold temperatures forecasted to again impact CenterPoint Energy's service territory in Texas this week, the company's Emergency Response and Preparedness and Meteorology
Company has installed more than 11,000 stronger, more storm-resilient poles across the region in five months, in addition to clearance of more vegetation miles and undergrounding of more power lines When complete, GHRI Phase Two actions will improve reliability by saving customers more than 125 million fewer outage minutes annually HOUSTON, Feb. 12, 2025 /PRNewswire/ -- Today, as part of the second phase of its Greater Houston Resiliency Initiative (GHRI), CenterPoint Energy shared its latest monthly progress update with new action milestones including the installation of more than 750 automated reliability devices, which will reduce both sustained interruptions and restoration times in
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)
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10-K - CENTERPOINT ENERGY INC (0001130310) (Filer)
8-K - CENTERPOINT ENERGY INC (0001130310) (Filer)
Guggenheim downgraded CenterPoint from Buy to Neutral
Ladenburg Thalmann initiated coverage of CenterPoint with a rating of Buy and set a new price target of $34.50
UBS upgraded CenterPoint from Neutral to Buy and set a new price target of $37.00 from $31.00 previously
4 - CENTERPOINT ENERGY INC (0001130310) (Issuer)
4 - CENTERPOINT ENERGY INC (0001130310) (Issuer)
4 - CENTERPOINT ENERGY INC (0001130310) (Issuer)
Reported Q4 2024 earnings of $0.38 per diluted share and full year 2024 earnings of $1.58 per diluted share on a GAAP basis Non-GAAP earnings per diluted share ("non-GAAP EPS") was $0.40 for Q4 2024 and $1.62 for full year 2024; 8% increase over 2023 full year non-GAAP EPS of $1.50 Provided forecast of nearly 50% of increased electric load growth demand at Houston Electric service territory by 2031 Increased the 10-year capital plan through 2030 to $47.5 billion, a $500 million increase through 2030 related to incremental capital investments in grid resiliency in the Houston Region Reiterated 2025 non-GAAP EPS guidance range of $1.74-$1.76, which, at the midpoint, represents 8% gro
Houston, TX, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Date: January 16, 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. Fourth Quarter & Full Year 2024 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 more than 7 million metered customers in Indiana, Louisiana, Minnesota, Mississippi, Ohio and Texas. As of De
HOUSTON, Dec. 13, 2024 /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 March 13, 2025 to shareholders of record at the close of business on February 20, 2025. This quarterly dividend represents a $0.010 increase over the prior quarter. This dividend growth rate aligns with the high end of the company's previously announced 6-8% non-GAAP earnings per share growth target. About CenterPoint Energy, Inc.As the only investor-
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SC 13G/A - CENTERPOINT ENERGY INC (0001130310) (Subject)