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CenterPoint Energy Stock: Is CNP Outperforming the Utilities Sector?
Yahoo Finance· 2025-12-11 07:57
Core Insights - CenterPoint Energy, Inc. is valued at $24.8 billion and operates as a public utility company serving nearly 7 million customers across multiple states [1][2] - The company has a market cap exceeding $10 billion, categorizing it as a large-cap stock, which reflects its significant influence in the utility sector [2] Stock Performance - CenterPoint stock is currently trading 7.5% below its all-time high of $40.50, reached on September 29, and has seen a decline of 82 basis points over the past three months, underperforming the Utilities Select Sector SPDR Fund's 99 basis points increase [3] - Over the long term, CenterPoint stock has outperformed the utilities sector, with an 18.1% year-to-date increase and a 19.4% rise over the past 52 weeks, compared to the Utilities Select Sector's 12.9% and 9.4% gains respectively [4] Financial Performance - In Q3, CenterPoint reported a 7.1% year-over-year increase in revenue to approximately $2 billion, surpassing expectations by 1.9%, while adjusted EPS rose by 61.3% year-over-year to $0.50, exceeding consensus estimates by 8.7% [5] - Despite strong financial results, the stock price declined by 1.1% following the Q3 earnings release, likely due to guidance for 2026 that did not meet investor expectations [5] Comparative Analysis - CenterPoint has outperformed its peer Dominion Energy, which recorded 7.8% gains year-to-date and 5.5% returns over the past 52 weeks [6] - Among 17 analysts covering CenterPoint stock, the consensus rating is a "Moderate Buy," with a mean price target of $42.93, indicating a 14.5% upside potential from current levels [6]
Consolidated Edison (ED) Agrees to Divest Interest in Mountain Valley Pipeline
Yahoo Finance· 2025-12-10 20:16
Group 1 - Consolidated Edison, Inc. (NYSE:ED) is recognized as one of the 11 Energy Stocks to consider for a retirement portfolio [1] - The company operates one of the largest energy delivery systems globally, serving 10 million customers in New York City and Westchester County [2] - Consolidated Edison has agreed to divest its approximately 6.6% interest in the Mountain Valley Pipeline for $357.5 million, with the transaction expected to close in the first half of 2026 [3] Group 2 - The proceeds from the divestment will be used to partially offset the company's common equity needs for the upcoming year and for general corporate purposes [3] - On November 21, Consolidated Edison faced pressure from President Trump and New York City Mayor-elect Zohran Mamdani to reduce its rates, citing that lower fuel prices have not been reflected in the utility's rates [4]
Here's How You Can Earn $100 In Passive Income By Investing In Cummins Stock
Yahoo Finance· 2025-10-02 12:00
Core Insights - Cummins Inc. is a global leader in power technology, focusing on various power solutions including diesel, natural gas, electric, and hybrid powertrains [1] Financial Performance - Cummins is set to report its Q3 2025 earnings on November 4, with analysts expecting an EPS of $4.84, a decrease from $5.60 in the same period last year [2] - Quarterly revenue is anticipated to be $8.02 billion, down from $8.46 billion a year earlier [2] - The company reported Q2 2025 earnings of $6.43 EPS, exceeding the consensus estimate of $5.10, with revenues of $8.60 billion, surpassing the consensus of $8.43 billion [3] Market Dynamics - CEO Jennifer Rumsey highlighted strong second quarter results driven by record profitability in Power Systems and Distribution segments, while noting a contrast in market demand, with robust demand for power generation equipment but declining confidence in economically sensitive markets like trucking [4] Dividend Information - Cummins has a dividend yield of 1.91%, having paid $8 per share in dividends over the last 12 months [2] - To generate an income of $100 per month from dividends, an investment of approximately $62,827 is required, based on the current dividend yield [5][6]
Entergy (ETR) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-07-30 14:31
Core Insights - Entergy reported $3.33 billion in revenue for the quarter ended June 2025, a year-over-year increase of 12.7% [1] - The EPS for the same period was $1.05, compared to $0.96 a year ago, indicating a positive growth trend [1] - The reported revenue exceeded the Zacks Consensus Estimate of $3.22 billion, resulting in a surprise of +3.43% [1] - The company delivered an EPS surprise of +15.38%, with the consensus EPS estimate being $0.91 [1] Revenue Breakdown - Operating Revenue from Natural Gas was $40.78 million, surpassing the three-analyst average estimate of $34.61 million, reflecting a year-over-year change of +15.3% [4] - Operating Revenue from Electric was $3.27 billion, slightly below the three-analyst average estimate of $3.33 billion, but still showing a year-over-year increase of +12.7% [4] - Operating Revenue from Other sources was $13.13 million, exceeding the $11.52 million average estimate based on two analysts, representing a year-over-year change of +7.5% [4] Stock Performance - Shares of Entergy have returned +6.9% over the past month, outperforming the Zacks S&P 500 composite's +3.4% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]