KeyCorp Issues Pessimistic Forecast for Centuri Earnings

Centuri Holdings, Inc. (NYSE:CTRI) – KeyCorp decreased their Q3 2026 earnings per share (EPS) estimates for Centuri in a report released on Tuesday, August 4th. KeyCorp analyst S. Jain now forecasts that the company will earn $0.23 per share for the quarter, down from their previous forecast of $0.24. The consensus estimate for Centuri’s current full-year earnings is $0.58 per share. KeyCorp also issued estimates for Centuri’s Q4 2026 earnings at $0.19 EPS and FY2027 earnings at $0.68 EPS.

Centuri (NYSE:CTRI) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.03. The firm had revenue of $959.53 million for the quarter, compared to analyst estimates of $835.99 million. Centuri had a net margin of 0.86% and a return on equity of 5.85%. Centuri’s quarterly revenue was up 32.9% on a year-over-year basis. During the same period last year, the firm posted $0.19 EPS.

Several other research analysts have also recently issued reports on the stock. Wall Street Zen cut shares of Centuri from a “buy” rating to a “hold” rating in a report on Monday, July 20th. UBS Group lifted their price objective on Centuri from $33.00 to $36.00 and gave the company a “neutral” rating in a report on Monday, May 11th. JPMorgan Chase & Co. increased their target price on Centuri from $26.00 to $29.00 and gave the stock an “underweight” rating in a research note on Friday, May 8th. Wells Fargo & Company reduced their price target on Centuri from $37.00 to $29.00 and set an “overweight” rating for the company in a report on Wednesday, August 5th. Finally, Cantor Fitzgerald decreased their price target on Centuri from $46.00 to $35.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 5th. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $32.40.

Centuri Stock Up 2.8%

Shares of NYSE:CTRI opened at $24.42 on Wednesday. The company has a market cap of $2.47 billion, a price-to-earnings ratio of 78.78, a PEG ratio of 0.83 and a beta of 1.10. The firm’s 50-day simple moving average is $27.90 and its 200-day simple moving average is $29.99. The company has a quick ratio of 1.82, a current ratio of 1.82 and a debt-to-equity ratio of 0.81. Centuri has a fifty-two week low of $19.04 and a fifty-two week high of $42.99.

Institutional Investors Weigh In On Centuri

Several institutional investors have recently modified their holdings of CTRI. Icahn Carl C increased its stake in Centuri by 32.2% in the 4th quarter. Icahn Carl C now owns 14,336,044 shares of the company’s stock valued at $361,985,000 after purchasing an additional 3,488,372 shares in the last quarter. Hill City Capital LP boosted its position in Centuri by 5.2% during the fourth quarter. Hill City Capital LP now owns 4,030,000 shares of the company’s stock worth $101,758,000 after purchasing an additional 200,000 shares in the last quarter. Carronade Capital Management LP grew its holdings in Centuri by 30.7% in the fourth quarter. Carronade Capital Management LP now owns 3,988,664 shares of the company’s stock valued at $100,714,000 after purchasing an additional 935,847 shares during the last quarter. Wellington Management Group LLP acquired a new stake in Centuri in the third quarter valued at $78,222,000. Finally, Balyasny Asset Management L.P. increased its position in shares of Centuri by 77.2% in the third quarter. Balyasny Asset Management L.P. now owns 2,855,064 shares of the company’s stock valued at $60,442,000 after buying an additional 1,243,451 shares in the last quarter.

Centuri Company Profile

Centuri Construction Group, Inc (NYSE: CTRI) is a heavy civil contractor specializing in water and wastewater infrastructure projects. The company delivers end-to-end services encompassing design-build, engineering, procurement and construction for water transmission mains, wastewater force mains, treatment facilities, pump and lift stations, and stormwater management systems.

Centuri’s core offerings include pipeline installation and rehabilitation, civil sitework, earthwork, structural concrete and slope protection.