Professional
Added to YB: 2025-03-17
Pitch date: 2024-12-31
CNP [neutral]
CenterPoint Energy, Inc.
+37.41%
current return
Author Info
No bio for this author
Company Info
CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company operates through Electric; Natural Gas; and Corporate and Other segments.
Market Cap
$27.6B
Pitch Price
$30.91
Price Target
N/A
Dividend
2.18%
EV/EBITDA
13.81
P/E
25.86
EV/Sales
5.43
Sector
Multi-Utilities
Category
turnaround
Ariel Global Fund New Position: CenterPoint Energy, Inc.
CNP (holding update): TX utility undervalued post-Hurricane Beryl response backlash. Inflection point: infrastructure upgrades & potential mobile gen asset sale to improve regulatory standing. Strong growth from TX economic expansion. 2025 asset sales to stabilize balance sheet. Overreaction to political/regulatory risks; long-term earnings growth potential.
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