CenterPoint Energy Inc
CNP: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$57.00 | Frnsqm | Mccqnqdr |
CenterPoint's Regulatory Risk Increases With Attorney General Investigation
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.