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CNPCenterPoint Energy, Inc.
$40.66$26.8B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
CNP logo

CenterPoint Energy, Inc.

CNP
NYSE · Electric & Multi-Utilities
$40.66
At close - Nov 6, 4:00 PM EST - USD
Market Cap$26.78B
P/E23.4x
52W High$45.26
Volume12.68M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q3

Rate Base Growth Offsets Leverage And Cash Strains

CenterPoint's regulated rate base expansion appears to be driving durable growth, with revenue rising 10.2% year-over-year in 2026Q3 and net PPE increasing 20.5% to $36.4 billion over ten quarters, supporting diluted EPS growth from $0.30 to $0.50 across the same period.

GrowthExpanding
ProfitabilityStrong
ValuationExpensive
TechnicalsWeak
Explore valuation models
MARKET ACTION

CNP price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

6/12 Beats

EPS beat 6 of last 12 quarters

02

Valuation risk

+20% Peers

P/E is 20% above peer median

03

Market leadership

RS 57 · Avg

Average momentum (RS Rating: 57)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Jan 27
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Revenue grew 10.2% year-over-year in 2026Q3 with operating margin expanding to 30.4% from 21.4% in 2024Q4, suggesting rate base-driven gains, though the sustained 2.1x-2.6x interest coverage band indicates debt-financed deployment is constraining flexibility.

Analyst Consensus+8.4% target
Hold(31 analysts)
13 Buy17 Hold1 Sell

The Bull Case

Upside Catalysts

Robust Demand Growth in Texas Data Centers

CenterPoint is seeing a 700% surge in data center interconnection requests in Texas, with data centers making up roughly two‑thirds of new load growth in Houston. This momentum is projected to add 10 GW of new electric demand by the end of 2029.

Decade‑Long Capital Expenditure Plan

The company has committed about $65.5 B in capex through 2035 to modernize the grid, improve reliability, and support economic growth. An extra $500 M has been added to fund a new transmission project.

Strong EPS Growth Outlook

CenterPoint reaffirmed its 2026 non‑GAAP earnings guidance, forecasting an 8 % rise over 2025. Long‑term, it expects non‑GAAP EPS to grow at the mid‑ to high‑end of its 7 %‑9 % annual guidance range through 2035, driven by capex and investments.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
CNP+6.79%
S&P 500 (^GSPC)+7.63%
1-Year Return
CNP+6.64%
S&P 500 (^GSPC)+9.69%
3-Year Return
CNP+58.77%
S&P 500 (^GSPC)+71.43%
5-Year Return
CNP+68.51%
S&P 500 (^GSPC)+59.29%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
23.4x
Forward P/EExpansion
21.3x
EV/EBITDA40th %ile
12.2x
FCF YieldCash Flow
N/A

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
23.4x
20.1x
80th· High
EV/EBITDA
12.2x
12.3x
40th· Fair
Price/FCF
N/A
N/A
N/A
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$41.50+2.1%
Base (Fair)$41.18+1.3%
Bull$43.53+7.1%
$41.50 Bear$41.18 Base$43.53 Bull
Current Market Price: $40.66
Trades at a 1.3% discount to Base DCF ($41.18)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$9.36B+8.3% YoY
Net income FY25
$1.05B+3.2% YoY
Free cash flow FY25
-$2.38B-0.4% YoY
Operating margin FY25
22.6%-0.5 pts YoY
ROIC (FY25)4.8%
Avg ROIC 5Y4.7%
ROE (TTM)10%
Piotroski Score3 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate6/12 (50%)
Revenue Beat Rate6/12 (50%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Oct 27, 2026
$0.53+6.1%
vs $0.50
$2.2B+0.7%
vs $2.2B
Q3 2026
Jul 28, 2026
$0.40+7.2%
vs $0.37
$2.2B+1.3%
vs $2.1B
Q2 2026
Apr 23, 2026
$0.56+2.0%
vs $0.55
$3.0B+4.2%
vs $2.9B
Q1 2026
Feb 19, 2026
$0.45+0.0%
vs $0.45
$2.5B+11.0%
vs $2.2B
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
GlobeNewsWire·2d ago
Once-Weekly TransCon® CNP (Navepegritide) to Receive 10 Years of Market Exclusivity Upon Approval in the European Union

– Final European Commission decision expected during Q4 2026 COPENHAGEN, Denmark, Nov. 06, 2026 (GLOBE NEWSWIRE) -- Ascendis Pharma A/S (Nasdaq: ASND) today announced that the Committee for Orphan Medicinal Products (COMP) of the European Medicines Agency (EMA) has adopted a positive opinion recommending maintenance of orphan medicinal product designation for once-weekly TransCon CNP (navepegritide) as a treatment for achondroplasia in children. The designation would provide Ascendis benefits that include 10 years of orphan market exclusivity upon final adoption of the COMP opinion by the European Commission (EC).

Defense World·3d ago
CenterPoint Energy (NYSE:CNP) Stock Sees Heavy Put Option Buying

CenterPoint Energy, Inc. (NYSE: CNP - Get Free Report) was the target of some unusual options trading on Tuesday. Investors acquired 10,004 put options on the stock. This is an increase of approximately 1,186% compared to the average daily volume of 778 put options. CenterPoint Energy Trading Down 3.5% Shares of CNP opened at $41.04 on

Defense World·3d ago
Dominion Energy (NYSE:D) & CenterPoint Energy (NYSE:CNP) Head to Head Analysis

Dominion Energy (NYSE: D - Get Free Report) and CenterPoint Energy (NYSE: CNP - Get Free Report) are both large-cap utilities companies, but which is the better investment? We will compare the two companies based on the strength of their earnings, valuation, institutional ownership, risk, profitability, analyst recommendations and dividends. Volatility and Risk Dominion Energy has a

The Motley Fool·3d ago
CenterPoint Energy: 3 Key Takeaways for Long-Term Investors

CenterPoint Energy increased its 10-year capital plan by $4 billion. The company expects annual rate base growth of over 14% through 2030.

Filtered for CenterPoint Energy, Inc.More Headlines
04

Compare before deciding

Benchmark CNP against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for CenterPoint Energy, Inc. (CNP)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
CNP logoCNPCenterPoint Energy, Inc.Current
$40.66$26.78B23.398.26%11.76%10.03%2.15%
NI logoNINiSource Inc
$44.15$21.17B22.6021.76%13.51%7.93%2.53%
OGE logoOGEOGE Energy Corp.
$50.64$10.46B18.819.21%16.61%11.14%3.33%
EVRG logoEVRGEvergy, Inc.
$87.54$20.18B19.491.65%16.7%10.18%3%
AVA logoAVAAvista Corporation
$40.23$3.32B13.651.34%12.75%8.87%4.88%
PNW logoPNWPinnacle West Capital Corporation
$104.22$12.63B19.604.2%11.59%9.18%3.33%

Compare CNP vs Peers

CenterPoint Energy, Inc. (CNP) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs NI

Most directly comparable listed peer for CNP.

Scale Benchmark

vs NEE

Larger-name benchmark to compare CNP against a more recognizable public peer.

Peer Set

Compare Top 5

vs NI, OGE, EVRG, AVA

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

CNP SEC Filings & Documents

CenterPoint Energy, Inc. (CNP) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Oct 27, 2026·SEC

Material company update

Oct 20, 2026·SEC

Material company update

Oct 1, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 19, 2026·SEC

FY 2025

Feb 20, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

Oct 27, 2026·SEC

FY 2026

Jul 28, 2026·SEC

FY 2026

Apr 23, 2026·SEC

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CNP Frequently Asked Questions

CenterPoint Energy, Inc. (CNP) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is CenterPoint Energy, Inc.'s revenue?

CenterPoint Energy, Inc. (CNP) reported $9.82B in revenue over the trailing twelve months. Revenue was $9.36B in fiscal year 2025. That is 128% more than the $4.10B of fiscal year 1996.

How fast is CenterPoint Energy, Inc. growing?

CenterPoint Energy, Inc. (CNP) grew revenue by 7.8% over the trailing twelve months, compared with the twelve months before.

Is CNP profitable?

Yes. CenterPoint Energy, Inc. (CNP) earned $1.16B in net income over the trailing twelve months (a 11.8% net margin).

Dividend & Returns
Does CNP pay dividends?

Yes. CenterPoint Energy, Inc. (CNP) pays a dividend that yields 2.15% at the current price, a moderate yield.

What is CNP's return on equity?

CenterPoint Energy, Inc. (CNP) had a return on equity (ROE) of 10.0% over the trailing twelve months. That is in line with the market's typical 10-15%.

What is CenterPoint Energy, Inc.'s free cash flow?

CenterPoint Energy, Inc. (CNP) had negative free cash flow of $2.83B over the trailing twelve months.

Industry Metrics
Is CNP's dividend sustainable?

CenterPoint Energy, Inc. (CNP) has a dividend payout ratio of 55%. This suggests the dividend is well-covered and sustainable.

What if you invested $1,000 in CNP back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →