Wells Fargo has initiated coverage on CenterPoint Energy Inc (CNP) with an Overweight rating, marking its first assessment of the utility company's investment potential. This rating reflects the firm's analysis of CenterPoint's business fundamentals, industry dynamics, and growth prospects.
Headquartered in Houston, Texas, CenterPoint Energy operates in the utilities sector, focusing on power generation and distribution. The company employs 8,872 full-time workers and owns electric transmission, distribution, and generation facilities, along with natural gas distribution systems across several states, including Indiana, Minnesota, Ohio, and Texas.
As of October 27, 2025, CenterPoint Energy's shares are trading at $39.60. The company boasts a market capitalization of $25.6 billion, a price-to-earnings ratio of 24.74, and an earnings per share of 1.58. The current dividend yield stands at an impressive 225.7%.
Upcoming earnings reports are scheduled for July 21, 2026, with an expected EPS of $0.35 and revenue of $1.9 billion, and for April 21, 2026, with an expected EPS of $0.59 and revenue of $3.0 billion.
Analyst ratings serve as professional opinions based on comprehensive research and financial modeling. While they can offer valuable insights, they are based on assumptions that may not always come to fruition. Investors are encouraged to consider a range of factors, including company fundamentals and market trends, when making financial decisions. Analyst views should be one of many inputs in the decision-making process, as ratings can evolve with new information.