CenterPoint Energy stock gains 1.56 percent after USD 2.62 billion sale

Published on 10/03/2026 at 21:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CenterPoint Energy stock posted adjusted EPS of USD 0.40 versus USD 0.37 consensus in Q2 2026. Full-year adjusted EPS guidance stayed at USD 1.89-1.91.

Schwarzweiß-Reportagefoto von Arbeitern bei der Inspektion einer Gaspipeline im Freien — CenterPoint Energy Inc. Arbeiter inspizieren Erdgaspipeline, dokumentarische Schwarzweiß-Aufnahme im Feld, ISIN US15189T1079, Illustration mit AI erstellt.

CenterPoint Energy stock (ISIN US15189T1079) closed at USD 37.79 on the NYSE on October 2, 2026, up 1.56 percent from the previous session. The immediate catalyst was the completion of a USD 2.62 billion sale of the company's Ohio natural gas business, disclosed in an October 1, 2026 filing with the SEC.

USD 2.62 billion transaction closes

CenterPoint Energy completed the sale of Vectren Energy Delivery of Ohio to National Fuel Gas Company for USD 2.62 billion. The consideration consisted of USD 1.42 billion in cash and a USD 1.20 billion promissory note bearing 6.50 percent interest and maturing on September 30, 2027, according to the SEC.

The transaction gives the energy delivery company a material cash component while leaving a defined receivable through the seller note. That structure matters because the company is simultaneously expanding infrastructure investment for large-load demand.

Q2 earnings beat consensus

For Q2 2026, CenterPoint reported GAAP net income of USD 244 million and GAAP diluted EPS of USD 0.37. The company also reported non-GAAP diluted EPS of USD 0.40, above the USD 0.37 consensus, while revenue was USD 2.15 billion versus USD 2.12 billion expected, according to CenterPoint Energy on July 28, 2026.

The same release reaffirmed 2026 non-GAAP EPS guidance of USD 1.89-1.91. At the midpoint, that range represents 8 percent growth over the company's 2025 delivered results, keeping earnings growth central to the stock's valuation.

Analyst target moves to USD 38

MarketBeat reported on September 18, 2026, that Morgan Stanley lowered its CenterPoint Energy price target from USD 39 to USD 38 while maintaining an Equal Weight rating. The USD 38 target sits 0.6 percent above the USD 37.79 closing price.

That target adjustment contrasts with the broader consensus price target of USD 44.93 and a Moderate Buy consensus rating reported by MarketBeat on October 3, 2026. The split between a lower individual target and a higher consensus leaves execution on capital spending and earnings guidance as the key valuation variables.

Stock closes above yearly low

CenterPoint Energy stock closed at USD 37.79 on October 2, 2026, on the NYSE, with volume of 8,723,013 shares and a market capitalization of USD 24.9 billion. Its 52-week range was USD 36.37 to USD 45.26, placing the close USD 1.42 above the yearly low.