Professional
Added to YB: 2025-03-17
Pitch date: 2024-12-31
CNP [neutral]
CenterPoint Energy, Inc.
+21.1%
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 in Electric and Natural Gas segments.
Market Cap
$22.5B
Pitch Price
$31.25
Price Target
N/A
Dividend
2.55%
EV/EBITDA
12.82
P/E
21.87
EV/Sales
4.96
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.
Read full article (1 min)