CenterPoint Energy Hikes Capital Plan to $65.5B, Q4 EPS $0.45
CenterPoint Energy delivered Q4 adjusted EPS of $0.45 versus $0.40 a year earlier and raised its 10-year capital plan to $65.5 billion, while reaffirming 2026 EPS guidance of $1.89–$1.91. Shares have climbed 16% over three months and 24.4% over 52 weeks, outpacing the utilities sector ETF.
1. Q4 Financial Results and 2026 Guidance
CenterPoint Energy reported Q4 2025 adjusted EPS of $0.45, up from $0.40 a year earlier, driven by regulatory recoveries and favorable weather. The company also posted full-year 2025 EPS of $1.76 versus $1.62 in 2024 and reaffirmed 2026 EPS guidance of $1.89–$1.91, targeting approximately 8% growth.
2. Capital Plan Increase and Growth Acceleration
The company increased its 10-year capital investment plan to $65.5 billion and accelerated its peak load growth target to 2029, two years ahead of prior forecasts. These measures aim to expand transmission, distribution and natural gas infrastructure to support rising demand across its service territories.
3. Stock Performance Relative to Peers
Shares have risen 16% over the past three months and 24.4% over the last 52 weeks, outperforming the utilities sector ETF’s 10.9% and 19.8% gains over the same periods. The stock has traded above its 50-day and 200-day moving averages since last year, despite a modest pullback from its 52-week high of $44.39.
4. Analyst Ratings and Price Target
Analysts maintain a consensus Moderate Buy rating based on 17 coverage firms. The mean price target of $44.93 represents a 2.1% premium to current levels, reflecting cautious optimism around ongoing regulatory recovery and infrastructure investments.