TD Cowen starts coverage of CenterPoint Energy stock at USD 47.00
Published on 10/25/2026 at 01:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCoverage and earnings setup
- TD Cowen initiated coverage with a USD 47.00 target on October 22, 2026.
- Second-quarter revenue reached USD 2.15 billion versus USD 2.12 billion expected.
- CenterPoint Energy will release third-quarter results on October 27, 2026.
CenterPoint Energy (US15189T1079) drew a new USD 47.00 price target from TD Cowen on October 22, 2026, as the utility approaches its third-quarter earnings release. MarketScreener reported that TD Cowen initiated coverage with a Buy rating and the USD 47.00 target.
Analyst coverage sets a USD 47 target
The target sits 14.44 percent above the NYSE closing price of USD 41.07 on October 23, 2026. TD Cowen's call gives investors a fresh valuation marker before CenterPoint publishes its next quarterly figures.
What does the target imply?
The comparison is anchored by CenterPoint's second-quarter performance. MarketBeat reported second-quarter revenue of USD 2.15 billion against USD 2.12 billion expected, while adjusted earnings per share reached USD 0.40 versus a USD 0.37 consensus. The company also set fiscal year 2026 adjusted earnings per share guidance at USD 1.89 to USD 1.91.
Three recent signals for investors
CenterPoint declared a USD 0.24 quarterly dividend on September 25, 2026, according to MarketScreener. On October 21, 2026, Morgan Stanley raised its target from USD 38.00 to USD 39.00 while keeping an Equal Weight rating, as reported by MarketBeat. TD Cowen's USD 47.00 target followed on October 22, 2026.
Results date is October 27
CenterPoint will release third-quarter 2026 results on October 27, 2026, before the market opens, and will hold its earnings call at 8:00 a.m. ET, according to the company's CenterPoint Energy release dated September 29, 2026. The quarterly dividend is scheduled for payment on December 10, 2026, with the record date set for November 19, 2026.
Utility scale remains central
CenterPoint described itself in the September 29, 2026 release as an energy delivery company serving more than 7 million metered customers. The company reported approximately USD 48.3 billion in assets as of June 30, 2026, while its operations span electric transmission and distribution, power generation and natural gas distribution.
The further course of trading is shown by the continuously updated real-time quote of CenterPoint Energy stock.
CenterPoint Energy stock facts
- Company: CenterPoint Energy, Inc.
- ISIN: US15189T1079
- Ticker: CNP
- Primary exchange: NYSE
- Sector / Industry: Utilities / Multiline Utilities
- Next earnings date: October 27, 2026
Market context: Market report S&P 500.
