Centerpoint Energy Inc Dossier
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SectorUtilities IndustryUtilities - Regulated Electric Beta (adjusted)0.65 Intrinsic Value $29.25median of 6 methods · middle span $25-$31based on filings through 31 Mar 2026 Market Price $37.21Price as of 1 Oct 2026 OvervaluedIntrinsic value is 21% below the market price −50% · IV below pricenear fair value ±15%IV above price · +50% Data confidence Sign in to view data confidence Market Cap $24.5B Enterprise Value $46.3B Shares Outstanding 661.7M diluted Moat Rating None Next Earnings Date23 Oct 2026 Last ex-dividend20 Aug 2026 All prices and values are periodic snapshots, not live quotes. Source dates are shown for reference. ThesisStreet consensus, scenarios, merits, risks, and invalidation triggers Thesis Summary CenterPoint offers a visible regulated-utility growth program supported by $66.7 billion of planned 2026-2035 investment, 2026 non-GAAP EPS guidance of $1.89-$1.91 and an unusually large Houston load pipeline. Approximately 14 GW of submitted load is expected to qualify as ERCOT base or studied load, potentially expanding Houston Electric peak demand by more than 65% and spreading fixed grid costs across a larger customer base. The opportunity is balanced by substantial execution, regulatory-recovery, financing, supply-chain and severe-weather exposure. This section is the 12-month view: analyst targets and the probability-weighted scenarios built from them. The intrinsic value at the top of this page answers a different question: what the business is worth today. Street view · analyst 12-month targets Low · most bearish analyst$40.00 Mean target$46.00 High · most bullish analyst$50.00 Street targets sit above today's price; our intrinsic value sits below it. Different horizons, different questions. Our research · scenarios, merits, risks, and invalidation triggersResearch as of 2 Sep 2026 Scenarios · 12-month scenario targets Bear CaseDownside scenario $40.0023% Large-load eligibility or energization falls below expectations, capital projects face delays or cost escalation, or funding requires more equity than currently guided. Weak regulatory recovery, severe weather, supply constraints or higher financing costs cause 2026 EPS to miss the guidance floor and reduce confidence in the expected customer-affordability benefits. Base CaseCentral scenario $46.0056% Matches the consensus meanCenterPoint delivers within its 2026 non-GAAP EPS guidance range and advances the $66.7 billion capital program, while only part of the large-load pipeline converts on the initially projected schedule. Regulatory approvals and financing remain available, but normal project, weather and interest-rate variability limit upside. Bull CaseUpside scenario $50.0021% CenterPoint delivers at or above 2026 guidance, converts most of the approximately 14 GW expected eligible load into timely connections, executes the expanded capital plan without raising its current equity-financing guide and demonstrates customer savings exceeding $5 billion. Successful regulatory recovery and controlled project costs support stronger confidence in the long-duration growth program. Scenarios are anchored to street consensus at the research date, with our probabilities and rationale. Key Investment Merits
Key Investment Risks
All scenarios are estimates and subject to change. Past performance is not indicative of future results. Quality Pillars MembersThis section is available to registered members. Create a free account or sign in to unlock the full breakdown. Explore this dossierValuationIntrinsic value, the six-method breakdown, peer medians, and your assumptions sandbox.Financial SnapshotRevenue, profitability, returns, balance sheet, dividends, and the filing-level detail.Qualitative AnalysisBusiness overview, strategic initiatives, and mergers, acquisitions & partnerships.Outlook & Key DatesForward estimates, reporting calendar, and the monitoring framework. |