CenterPoint Energy Inc
CNP: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$78.00 | Pmfdp | Pqplzbq |
Hurricane Response Heightens Regulatory Risk at Key Time
Business Strategy and Outlook
CenterPoint Energy's regulated utilities have significant growth investment opportunities. We expect the company to invest just over $21 billion over the next five years, supporting our expectation that management can achieve the midpoint of its 6%-8% annual earnings growth target through 2030, in line with our estimate in 2024-28.