Centuri Holdings downgraded by BofA Securities with a new price target
$CTRI
Oil & Gas Production
Utilities
BofA Securities downgraded Centuri Holdings from Neutral to Underperform and set a new price target of $21.00 from $26.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/7/2024 | $19.00 → $16.00 | Neutral → Underweight | JP Morgan |
| 7/30/2024 | $30.00 → $17.00 | Buy → Neutral | UBS |
| 6/27/2024 | $26.00 → $21.00 | Neutral → Underperform | BofA Securities |
424B5 - Centuri Holdings, Inc. (0001981599) (Filer)
8-K - Centuri Holdings, Inc. (0001981599) (Filer)
SCHEDULE 13G/A - Centuri Holdings, Inc. (0001981599) (Subject)
3 - Centuri Holdings, Inc. (0001981599) (Issuer)
4 - Centuri Holdings, Inc. (0001981599) (Issuer)
4 - Centuri Holdings, Inc. (0001981599) (Issuer)
JP Morgan downgraded Centuri Holdings from Neutral to Underweight and set a new price target of $16.00 from $19.00 previously
UBS downgraded Centuri Holdings from Buy to Neutral and set a new price target of $17.00 from $30.00 previously
BofA Securities downgraded Centuri Holdings from Neutral to Underperform and set a new price target of $21.00 from $26.00 previously
Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri" or the "Company") today announced the pricing of an underwritten public offering of 7,441,860 shares of Centuri's common stock (the "Offering"). Centuri has also granted the underwriters a 30-day option to purchase up to an additional 1,116,279 shares of Centuri's common stock. The Offering is expected to close on November 14, 2025, subject to customary closing conditions. Gross proceeds from the Offering are expected to be approximately $160 million, assuming no exercise of the underwriters' option to purchase additional shares. In addition to the shares of Centuri's common stock sold in the Offering, Centuri previously announced that Icahn P
Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri" or the "Company") today announced the commencement of an underwritten public offering of $160,000,000 of shares of Centuri's common stock (the "Offering"). Centuri also expects to grant the underwriters a 30-day option to purchase up to an additional $24,000,000 of shares of Centuri's common stock. In addition to the shares of Centuri's common stock sold in the Offering, Centuri announced that Icahn Partners LP and Icahn Partners Master Fund LP, investment entities affiliated with Carl C. Icahn (collectively, the "Icahn Investors"), will purchase approximately $75,000,000 of shares of Centuri's common stock, in a concurrent private placement a
Company Enters into Cooperation Agreement with Icahn Enterprises Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri" or the "Company"), a leading, North American utility infrastructure services company, today announced that it has appointed Dustin DeMaria, a Senior Analyst at Icahn Enterprises L.P. and Icahn Capital LP (collectively with certain affiliates thereof, "IEP"), to the Centuri Board of Directors, effective immediately, pursuant to a Director Appointment and Nomination Agreement with IEP. Mr. DeMaria joins as an independent director and will stand for election at Centuri's 2026 Annual Meeting of Shareholders. The Company has agreed to include Mr. DeMaria on its recommended slate of
Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri" or the "Company"), a leading, North American utility infrastructure services company, today announced that it will report 2025 third quarter financial results on Wednesday, November 5th, 2025. The Company will host an earnings conference call that morning at 10:00 AM ET / 7:00 AM PT to discuss the financial results and business highlights. Speakers on the call will include Christian Brown, President & Chief Executive Officer and Gregory Izenstark, Chief Financial Officer. The conference call will be webcast live on the Company's investor relations (IR) website at https://investor.centuri.com. Date: Wednesday, November 5th, 2025
Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri" or the "Company"), a leading, North American utility infrastructure services company, today announced that it will report 2025 second quarter financial results on Wednesday, August 6th, 2025. The Company will host an earnings conference call that morning at 10:00 AM ET / 7:00 AM PT to discuss the financial results and business highlights. Speakers on the call will include Christian Brown, President & Chief Executive Officer, and Gregory Izenstark, Chief Financial Officer. The conference call will be webcast live on the Company's investor relations (IR) website at https://investor.centuri.com. Date: Wednesday, August 6th, 2025
Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri" or the "Company") today announced financial and operating results for the first quarter, ended March 30, 2025, and affirms full year 2025 outlook. First Quarter 2025 Financial and Other Business Highlights Secured record customer awards in excess of $1.2 billion Revenue of $550.1 million versus $528.0 million in the first quarter of 2024 Net loss attributable to common stock of $17.9 million (diluted loss per share of $0.20) versus $25.1 million (diluted loss per share of $0.35) in the first quarter of 2024 Adjusted Net Loss of $10.5 million (adjusted diluted loss per share of $0.12) versus $14.4 million (adjusted diluted loss per share
Company Enters into Cooperation Agreement with Icahn Enterprises Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri" or the "Company"), a leading, North American utility infrastructure services company, today announced that it has appointed Dustin DeMaria, a Senior Analyst at Icahn Enterprises L.P. and Icahn Capital LP (collectively with certain affiliates thereof, "IEP"), to the Centuri Board of Directors, effective immediately, pursuant to a Director Appointment and Nomination Agreement with IEP. Mr. DeMaria joins as an independent director and will stand for election at Centuri's 2026 Annual Meeting of Shareholders. The Company has agreed to include Mr. DeMaria on its recommended slate of
30-year energy industry veteran to lead long-term strategic planning and market expansion amid rising demand for Centuri's gas infrastructure capabilities Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri" or the "Company"), a leading, North American utility infrastructure services company, today announced the appointment of Ryan Palazzo as President of U.S. Gas. In this role, he will lead Centuri's U.S. Gas segment, driving the Company's growth strategies for gas infrastructure services, which comprise approximately half of the Company's total revenue. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251015281935/en/Seasoned energy
Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri" or the "Company") today announced the completion of its final separation from Southwest Gas Holdings, Inc. ("Southwest Gas") upon the closing of the offering by Southwest Gas of its remaining 27,362,210 shares of Centuri's common stock on September 5. Centuri did not sell any shares of its common stock and did not receive any proceeds from the sale of its common stock by Southwest Gas in the offering. As a result of Southwest Gas' ownership exit, Centuri announced the appointment of Christopher Krummel as the Chair of its Board of Directors replacing Karen Haller, who has also resigned from the Board's compensation committee, effective Septemb
SC 13G - Centuri Holdings, Inc. (0001981599) (Subject)
4 - Centuri Holdings, Inc. (0001981599) (Issuer)
4 - Centuri Holdings, Inc. (0001981599) (Issuer)