CenterPoint Energy's regulated utilities have significant growth investment opportunities. We expect the company to invest almost $2 billion over the next five years, supporting our expectation that management can achieve its 8% annual earnings growth target through 2024.
CenterPoint is a pure-play regulated electric and gas utility with above-average long-term growth potential and constructive regulatory environments.
The disappointing 2020 Houston Electric rate case could signal a deteriorating regulatory environment in Texas.
|
Metric
|
CNP
|
OGE
|
DTE
|
|---|---|---|---|
Price/Earnings (Normalized) | 19.10 | 16.73 | 20.54 |
Price/Book Value | 1.84 | 1.53 | 1.98 |
Price/Sales | 1.91 | 2.48 | 1.54 |
Price/Cash Flow | 7.78 | 9.49 | 6.93 |
|
Metric
|
CNP
|
OGE
|
DTE
|
|---|---|---|---|
Quick Ratio | 0.48 | 0.45 | 0.40 |
Current Ratio | 0.78 | 0.82 | 0.85 |
Interest Coverage | 2.78 | 3.31 | 2.70 |
|
Metric
|
CNP
|
OGE
|
DTE
|
|---|---|---|---|
Return on Assets (Normalized) | 2.27% | 3.28% | 2.83% |
Return on Equity (Normalized) | 9.16% | 9.38% | 11.77% |
Return on Invested Capital (Normalized) | 5.01% | 6.52% | 6.13% |
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Economic Moat
|
Market Cap
|
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PEG
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