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CenterPoint Energy raises 2023 EPS guidance and targets 8%-9% long-term growth amid strong Houston demand.

Company Fundamentals
27 Oct 2026, 19:59 WIB
Seeking Alpha
View Source
Bullish
CenterPoint Energy raises 2023 EPS guidance and targets 8%-9% long-term growth amid strong Houston demand.

CenterPoint Energy has raised its 2023 earnings per share (EPS) guidance to $1.90–$1.92 and set a 2027 EPS target of $2.07–$2.09, aiming for 8%–9% long-term EPS growth. The company is increasing capital expenditures by $4 billion and accelerating investments, particularly in Houston Electric, reflecting strong demand in the Houston metro area. Its balance sheet is strengthened by asset sales and equity issuance, positioning CenterPoint Energy for potential total returns of 10%–11% over the long term. Despite recent sector volatility due to rising interest rates, CenterPoint Energy remains a buy based on disciplined cost management and robust regional growth.

CenterPoint Energy shares are trading at USD 41.45 on Pluang, showing a modest gain of 0.59% as of Oct 28, 2026 00:11 WIB. The stock carries a dividend yield of 2.33%, reflecting steady income potential for investors.

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