Centrica（CNA）株式概要セントリカplcは、英国、アイルランド、スカンジナビア、北米、および国際的な総合エネルギー企業として事業を展開している。 詳細CNA ファンダメンタル分析スノーフレーク・スコア評価5/6将来の成長3/6過去の実績0/6財務の健全性5/6配当金1/6報酬当社が推定した公正価値より31.8%で取引されている 収益は年間26.42%増加すると予測されています 同業他社や業界と比較して、良好な取引価格 リスク分析2.77%の配当は、利益やフリーキャッシュフローによって十分にカバーされていない 過去3か月間に大規模なインサイダー売却が発生 すべてのリスクチェックを見るCNA Community Fair Values Create NarrativeSee what 60 others think this stock is worth. Follow their fair value or set your own to get alerts.Analyst Price TargetsAN9.1% undervaluedAnalystConsensusTarget•10d agoNuclear Agreements And Renewables Momentum Will Shape Energy Outlook351041Top Analyst NarrativesCentricaANAnalystConsensusTargetBased on Analyst Price TargetsNuclear Agreements And Renewables Momentum Will Shape Energy OutlookKey Takeaways Expanding low-carbon and regulated infrastructure investments, alongside regulatory support, strengthen revenue stability and protect earnings from market volatility. Digital transformation and growth in distributed energy and ancillary services drive cost efficiency, customer retention, and unlock higher-margin revenue opportunities.View narrativeUK£2.19FV9.1% 割安 内在価値ディスカウントSet Fair ValueView351users have viewed this narrative0users have liked this narrative0users have commented on this narrative41users have followed this narrative11 days ago author updated this narrativeView all narrativesCentrica plc 競合他社National GridSymbol: LSE:NG.Market cap: UK£63.3bTelecom PlusSymbol: LSE:TEPMarket cap: UK£871.8mSevern TrentSymbol: LSE:SVTMarket cap: UK£9.4bUnited Utilities GroupSymbol: LSE:UU.Market cap: UK£9.6b価格と性能株価の高値、安値、推移の概要Centrica過去の株価現在の株価UK£1.9952週高値UK£2.2052週安値UK£1.44ベータ0.361ヶ月の変化-9.14%3ヶ月変化3.73%1年変化35.12%3年間の変化75.07%5年間の変化267.83%IPOからの変化130.75%最新ニュースナラティブ更新 • Apr 27CNA: Low Carbon Projects And On Site Power Will Shape Balanced OutlookThe analyst price target for Centrica has been raised, with recent Street research pointing to a cluster of higher targets in the £2.00 to £2.32 range, as analysts highlight the company’s positioning in low carbon generation and recent energy market disruption. Analyst Commentary Recent research shows a mix of optimism and caution around Centrica, with several firms adjusting ratings and price targets in a relatively tight range around £2.00 to £2.32.ナラティブ更新 • Apr 12CNA: Low Carbon Projects And On Site Power Partnerships Will Support Fair OutlookCentrica's analyst price target has edged higher to £2.19 from £2.16, as analysts point to recent price target increases across the Street and see support from disruption in energy markets and the company's positioning in low carbon generation. Analyst Commentary Recent Street research around Centrica shows a mix of optimism on the long term setup and caution on near term execution and valuation, which is reflected in both upgrades and downgrades alongside a cluster of higher price targets.Upcoming Dividend • Apr 02Upcoming dividend of UK£0.037 per shareEligible shareholders must have bought the stock before 09 April 2026. Payment date: 14 May 2026. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 2.5%. Lower than top quartile of British dividend payers (5.9%). Lower than average of industry peers (3.9%).ナラティブ更新 • Mar 28CNA: Fair View Sees Low Carbon Projects Offsetting Limited Near Term TriggersThe analyst price target for Centrica has been revised higher to £2.16 per share. The change is supported by recent research pointing to adjusted revenue growth assumptions, a slightly different profit margin outlook, and a higher future P/E multiple as analysts respond to rising price targets and rating changes across several firms.New Risk • Mar 25New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: UK£653k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 176% Minor Risk Significant insider selling over the past 3 months (UK£653k sold).Recent Insider Transactions • Mar 25Key Executive recently sold UK£653k worth of stockOn the 23rd of March, Christopher O'Shea sold around 327k shares on-market at roughly UK£2.00 per share. This transaction amounted to 4.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Christopher's only on-market trade for the last 12 months.最新情報をもっと見るRecent updatesナラティブ更新 • Apr 27CNA: Low Carbon Projects And On Site Power Will Shape Balanced OutlookThe analyst price target for Centrica has been raised, with recent Street research pointing to a cluster of higher targets in the £2.00 to £2.32 range, as analysts highlight the company’s positioning in low carbon generation and recent energy market disruption. Analyst Commentary Recent research shows a mix of optimism and caution around Centrica, with several firms adjusting ratings and price targets in a relatively tight range around £2.00 to £2.32.ナラティブ更新 • Apr 12CNA: Low Carbon Projects And On Site Power Partnerships Will Support Fair OutlookCentrica's analyst price target has edged higher to £2.19 from £2.16, as analysts point to recent price target increases across the Street and see support from disruption in energy markets and the company's positioning in low carbon generation. Analyst Commentary Recent Street research around Centrica shows a mix of optimism on the long term setup and caution on near term execution and valuation, which is reflected in both upgrades and downgrades alongside a cluster of higher price targets.Upcoming Dividend • Apr 02Upcoming dividend of UK£0.037 per shareEligible shareholders must have bought the stock before 09 April 2026. Payment date: 14 May 2026. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 2.5%. Lower than top quartile of British dividend payers (5.9%). Lower than average of industry peers (3.9%).ナラティブ更新 • Mar 28CNA: Fair View Sees Low Carbon Projects Offsetting Limited Near Term TriggersThe analyst price target for Centrica has been revised higher to £2.16 per share. The change is supported by recent research pointing to adjusted revenue growth assumptions, a slightly different profit margin outlook, and a higher future P/E multiple as analysts respond to rising price targets and rating changes across several firms.New Risk • Mar 25New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: UK£653k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 176% Minor Risk Significant insider selling over the past 3 months (UK£653k sold).Recent Insider Transactions • Mar 25Key Executive recently sold UK£653k worth of stockOn the 23rd of March, Christopher O'Shea sold around 327k shares on-market at roughly UK£2.00 per share. This transaction amounted to 4.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Christopher's only on-market trade for the last 12 months.ナラティブ更新 • Mar 13CNA: Fair View Balances Low Carbon Upside With Fewer Near Term CatalystsThe analyst price target for Centrica has edged higher to reflect a modest uplift in fair value to £2.05 and a slightly richer future P/E assumption, as analysts balance higher UK low carbon and gas price tailwinds against recent share gains and fewer near term catalysts. Analyst Commentary Recent research on Centrica shows a split between bullish and bearish analysts, with several raising price targets while others have turned more cautious after the share price recovery and completion of the buyback.ナラティブ更新 • Feb 25CNA: Neutral Stance Will Rely On Execution Against Tight P/E ExpectationsCentrica's analyst fair value estimate has edged up to reflect higher price targets in the £2.24 to £2.32 range, with analysts citing adjusted expectations for revenue growth, improved profit margin assumptions, and a lower expected future P/E of 11.4x. Analyst Commentary Recent research has clustered Centrica's price targets in the £2.24 to £2.32 range, with several banks adjusting their numbers in quick succession.Reported Earnings • Feb 20Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: UK£0.015 loss per share (down from UK£0.26 profit in FY 2024). Revenue: UK£19.5b (down 2.1% from FY 2024). Net loss: UK£72.0m (down 105% from profit in FY 2024). Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Integrated Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.お知らせ • Feb 20+ 1 more updateCentrica plc Announces Board and Committee Changes, Effective 7 May 2026Centrica plc announced that Carol Arrowsmith, Non-Executive Director and Chair of the Remuneration Committee, has informed the Board of her intention to step down at the conclusion of the 2026 Annual General Meeting (AGM) on 7 May 2026 after almost six years on the Board. Carol will therefore not seek re-election at the 2026 AGM. Centrica announced that Sue Whalley will be appointed as Chair of the Remuneration Committee and join the Nominations Committee with effect from the conclusion of the 2026 AGM.ナラティブ更新 • Feb 10CNA: Neutral View Will Depend On Execution And Valuation DisciplineAnalysts have nudged their fair value estimate for Centrica slightly higher to £1.98 from £1.96, citing updated assumptions around revenue growth, profit margins and a modestly higher future P/E, which are consistent with recent upward price target moves from several firms. Analyst Commentary Recent updates from bullish analysts have focused on higher price targets and slightly richer valuation assumptions that they see as better aligned with current market expectations for Centrica.ナラティブ更新 • Jan 24CNA: Neutral Stance Will Hinge On Execution And Margin ResilienceAnalysts have trimmed their fair value estimate for Centrica slightly, now seeing it closer to £1.96 per share. Updated assumptions on revenue growth, profit margins and future P/E have led to a more cautious stance, which is reflected in the recent move to a Neutral rating with a £1.85 price target.ナラティブ更新 • Jan 10CNA: Energy Transition Execution Will Shape Balanced Future Risk Reward ProfileAnalysts have slightly raised their fair value estimate for Centrica from £1.97 to £1.98 per share, reflecting a mix of more cautious and more constructive views after recent rating changes and updated price targets across the sector. Analyst Commentary Recent rating changes on Centrica show a mix of optimism and caution, which helps explain why the fair value move has been incremental rather than dramatic.ナラティブ更新 • Dec 26CNA: Energy Transition Execution Will Drive Long Term Earnings MomentumAnalysts have nudged their fair value estimate for Centrica slightly higher to approximately £1.97 from about £1.96. They cite a broadly stable discount rate, marginally stronger revenue growth expectations and modestly higher sector upside that is partly tempered by a more balanced risk reward profile.お知らせ • Dec 19Centrica plc Announces Directorate and Committee ChangesCentrica announced that Heidi Mottram, Non-Executive Director of Centrica plc, will step down from the Board with effect from 31 December 2025. Heidi has served on the Board since 1 January 2020 and has contributed significantly to the work of the Nominations and Remuneration Committees and as Chair of the Safety, Environment and Sustainability Committee. The Board thanks her for her valuable contribution. Centrica also announces that Amber Rudd will be appointed as Chair of the Safety, Environment and Sustainability Committee and will join the Nominations Committee, both with effect from 1 January 2026.ナラティブ更新 • Dec 11CNA: Cost Cutting Plan Will Support Long Term Earnings MomentumAnalysts have nudged their average price target for Centrica slightly lower to about £1.96. This reflects a modest recalibration of fair value assumptions, even as they highlight potential upside from sector tailwinds, improving renewables exposure, and prospective cost cutting initiatives.お知らせ • Nov 28Centrica plc (LSE:CNA) and Energy Capital Partners, LLC completed the acquisition of National Grid Grain LNG Limited and Thamesport Interchange Limited from National Grid plc (LSE:NG.)Centrica plc (LSE:CNA) and Energy Capital Partners, LLC entered into a sale and purchase agreement to acquire National Grid Grain LNG Limited/Thamesport Interchange Limited from National Grid plc (LSE:NG.) for an enterprise value of £1.5 billion on August 14, 2025. A cash consideration will be paid by Centrica plc and Energy Capital Partners, LLC. The purchase of Grain LNG is for an enterprise value of £1.5 billion. Centrica's 50% share of the equity investment of approximately £200 million will be funded from it's existing cash resources. Centrica plc and Energy Capital Partners has also secured approximately £1.1 billion of committed financing, which will be drawn at closing, to fund a portion of the enterprise value. The transaction is conditional upon certain regulatory approvals being received, including approval under the National Security and Investment Act and certain mandatory anti-trust approvals. The completion of the transaction is expected to occur in Q4 this calendar year. Brian O'Keeffe, Conor Hennebry and Martin Weltman Banco Santander, S.A., London Branch acted as financial advisor for Centrica plc and Energy Capital Partners, LLC. Slaughter and May acted as legal advisor for Centrica plc. Latham & Watkins LLP acted as legal advisor for Centrica plc and Energy Capital Partners, LLC. Morgan Stanley acted as financial advisor to National Grid plc. Charles Steward, Caroline Rae, Reza Dadbakhsh, Silke Goldberg, David Coulling, Veronica Roberts, Howard Murray and Tim Leaver of Herbert Smith Freehills LLP acted as legal advisor to National Grid plc (LSE:NG.) Centrica plc (LSE:CNA) and Energy Capital Partners, LLC completed the acquisition of National Grid Grain LNG Limited and Thamesport Interchange Limited from National Grid plc (LSE:NG.) on November 28, 2025.ナラティブ更新 • Nov 27CNA: Cost Cutting Plan And Renewables Outlook Will Support Long Term GainsCentrica's analyst price target has been raised slightly to £2.10. Analysts cite further upside potential in European utilities and an improving outlook for renewables as supporting factors.分析記事 • Nov 24Centrica (LON:CNA) Has A Somewhat Strained Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...ナラティブ更新 • Nov 13CNA: Renewables Momentum and Nuclear Developments Will Drive Further Upside PotentialThe analyst price target for Centrica has been increased, now ranging from 179 GBp to 210 GBp. Analysts cite expectations of continued earnings momentum, further upside potential in UK utilities, and an improved outlook for renewables. Analyst Commentary Recent analyst research on Centrica highlights both optimistic perspectives and ongoing areas of caution regarding the company's growth trajectory and valuation outlook.Buy Or Sell Opportunity • Oct 31Now 20% undervaluedOver the last 90 days, the stock has risen 8.3% to UK£1.79. The fair value is estimated to be UK£2.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.5% over the last 3 years. Meanwhile, the company became loss making.ナラティブ更新 • Oct 29Nuclear Agreements And Renewables Momentum Will Shape Energy OutlookAnalysts have revised their price targets for Centrica higher. New targets have risen from £1.77 to a range as high as £2.10, citing ongoing momentum in UK utilities, an improved outlook for renewables, and potential for future earnings growth.分析記事 • Oct 28An Intrinsic Calculation For Centrica plc (LON:CNA) Suggests It's 21% UndervaluedKey Insights Using the 2 Stage Free Cash Flow to Equity, Centrica fair value estimate is UK£2.24 Centrica is estimated...ナラティブ更新 • Oct 15Sizewell C And Morecambe Net Zero Will Drive Energy TransformationCentrica's analyst price target has increased from 180 GBp to 210 GBp, as analysts see upside potential driven by improving renewables prospects and cost-cutting initiatives within the UK utility sector. Analyst Commentary Recent analyst research on Centrica highlights optimism around the company's future prospects, as well as some areas where caution may be warranted.ナラティブ更新 • Sep 28Sizewell C And Morecambe Net Zero Will Drive Energy TransformationAnalysts have raised Centrica’s price target slightly to £1.93, citing its strong positioning among UK utilities, improved earnings momentum, and anticipated cost-cutting efforts, while overall fair value remains nearly unchanged. Analyst Commentary Bullish analysts highlight Centrica as a top pick in UK utilities due to its strong relative positioning.お知らせ • Sep 22Centrica plc Appoints Frank Mastiaux as a Non-Executive Director, Effective 22 September 2025Centrica announced the appointment of Frank Mastiaux as a Non-Executive Director of the Company with effect from 22 September 2025. Frank will also join the Company's Safety, Environment and Sustainability Committee (SESC). Frank is an experienced executive and board member with over three decades in the energy industry. He served as CEO of Energie Baden-Württemberg AG (EnBW) from 2012 to 2022, where he led a strategic transformation that significantly increased the company's market capitalisation and positioned it as a leader in renewable energy. Prior to that, he held senior roles at BP and E.ON, including CEO of E.ON Climate & Renewables and CEO of BP's global LPG business. Frank currently serves as Chair of Sunfire SE, a hydrogen technology company, and is an advisory board member at Boehringer Ingelheim. He was previously a Supervisory Board member at Alstom Group. He holds a PhD in Analytical Chemistry from the University of Duisburg.ナラティブ更新 • Sep 13Sizewell C And Morecambe Net Zero Will Drive Energy TransformationCautious optimism among analysts, grounded in Centrica’s strong past sector outperformance and a balanced risk/reward outlook, has led to a marginal increase in the consensus price target from £1.87 to £1.90. Analyst Commentary Bullish analysts see modest upside potential, reflected in minor price target increases.Upcoming Dividend • Sep 11Upcoming dividend of UK£0.018 per shareEligible shareholders must have bought the stock before 18 September 2025. Payment date: 30 October 2025. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 3.1%. Lower than top quartile of British dividend payers (5.5%). Lower than average of industry peers (5.1%).分析記事 • Aug 16Here's Why Centrica (LON:CNA) Has A Meaningful Debt BurdenLSE:CNA 1 Year Share Price vs Fair Value Explore Centrica's Fair Values from the Community and select yours Some say...お知らせ • Aug 14Centrica plc (LSE:CNA) and Energy Capital Partners, LLC entered into a sale and purchase agreement to acquire National Grid Grain LNG Limited/Thamesport Interchange Limited from National Grid plc (LSE:NG.).Centrica plc (LSE:CNA) and Energy Capital Partners, LLC entered into a sale and purchase agreement to acquire National Grid Grain LNG Limited/Thamesport Interchange Limited from National Grid plc (LSE:NG.) on August 14, 2025. A cash consideration will be paid by Centrica plc and Energy Capital Partners, LLC. The purchase of Grain LNG is for an enterprise value of £1.5 billion. Centrica's 50% share of the equity investment of approximately £200 million will be funded from it's existing cash resources. Centrica plc and Energy Capital Partners has also secured approximately £1.1 billion of committed financing, which will be drawn at closing, to fund a portion of the enterprise value. The transaction is conditional upon certain regulatory approvals being received, including approval under the National Security and Investment Act and certain mandatory anti-trust approvals. The completion of the transaction is expected to occur in Q4 this calendar year. Brian O'Keeffe, Conor Hennebry and Martin Weltman Banco Santander, S.A., London Branch acted as financial advisor for Centrica plc and Energy Capital Partners, LLC. Slaughter and May acted as legal advisor for Centrica plc. Latham & Watkins LLP acted as legal advisor for Centrica plc and Energy Capital Partners, LLC. Morgan Stanley acted as financial advisor to National Grid plc.お知らせ • Jul 30Centrica plc (LSE:CNA) acquired 16% stake in Gasrec Ltd.Centrica plc (LSE:CNA) acquired 16% stake in Gasrec Ltd. on July 30, 2025. Centrica plc (LSE:CNA) completed the acquisition of 16% stake in Gasrec Ltd. on July 30, 2025.Reported Earnings • Jul 25First half 2025 earnings: EPS and revenues miss analyst expectationsFirst half 2025 results: UK£0.051 loss per share (down from UK£0.25 profit in 1H 2024). Revenue: UK£10.1b (down 4.0% from 1H 2024). Net loss: UK£251.0m (down 119% from profit in 1H 2024). Revenue missed analyst estimates by 13%. Earnings per share (EPS) were also behind analyst expectations. Revenue is expected to decline by 2.5% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to grow by 3.3%. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jul 25Centrica plc Declares Interim Dividend for the First Half of 2025Centrica plc declared interim dividend of 1.83 pence per share for the first half of 2025 (H1 2024: 1.50 pence per share).お知らせ • Jul 22Centrica plc to Report First Half, 2025 Results on Jul 24, 2025Centrica plc announced that they will report first half, 2025 results on Jul 24, 2025分析記事 • Jul 18Centrica plc's (LON:CNA) Earnings Are Not Doing Enough For Some InvestorsWith a price-to-earnings (or "P/E") ratio of 5.5x Centrica plc ( LON:CNA ) may be sending very bullish signals at the...お知らせ • Jul 08Centrica plc Appoints Alessandra Pasini as A Non-Executive Director; Member of Audit and Risk Committee and Nominations CommitteeCentrica plc announce the appointment of Alessandra Pasini as a Non-Executive Director of the Company with immediate effect. Alessandra will also become a member of the Company's Audit and Risk Committee and Nominations Committee.Recent Insider Transactions Derivative • Jun 29Key Executive exercised options and sold UK£1.3m worth of stockOn the 23rd of June, Christopher O'Shea exercised options to acquire 771k shares at no cost and sold these for an average price of UK£1.68 per share. This trade did not impact their existing holding. For the year to December 2018, Christopher's total compensation was 20% salary and 80% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2024, Christopher has owned 5.49m shares directly. Company insiders have collectively sold UK£3.6m more than they bought, via options and on-market transactions in the last 12 months.New Risk • Jun 25New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 8.7% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 8.7% per year for the foreseeable future. High level of non-cash earnings (44% accrual ratio). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (6.7% net profit margin).お知らせ • May 09Centrica plc Approves the Final Cash DividendCentrica plc at its AGM held on May 8, 2025, approved the final cash dividend of 3.0 pence per ordinary share.Buy Or Sell Opportunity • Apr 30Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 15% to UK£1.60. The fair value is estimated to be UK£1.33, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has grown by 53%. For the next 3 years, revenue is forecast to decline by 3.0% per annum. Earnings are also forecast to decline by 8.4% per annum over the same time period.Upcoming Dividend • Apr 24Upcoming dividend of UK£0.03 per shareEligible shareholders must have bought the stock before 01 May 2025. Payment date: 05 June 2025. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of British dividend payers (6.2%). Lower than average of industry peers (5.1%).Major Estimate Revision • Mar 05Consensus revenue estimates increase by 10%The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from UK£19.8b to UK£21.8b. EPS estimate increased from UK£0.163 to UK£0.166 per share. Net income forecast to shrink 39% next year vs 1.1% growth forecast for Integrated Utilities industry in the United Kingdom . Consensus price target up from UK£1.70 to UK£1.75. Share price was steady at UK£1.47 over the past week.Major Estimate Revision • Feb 27Consensus EPS estimates increase by 15%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from UK£23.5b to UK£22.1b. EPS estimate rose from UK£0.141 to UK£0.163. Net income forecast to shrink 40% next year vs 4.5% growth forecast for Integrated Utilities industry in the United Kingdom . Consensus price target up from UK£1.67 to UK£1.73. Share price rose 8.6% to UK£1.48 over the past week.新しいナラティブ • Feb 23Investments In Flexible Generation And Technology Will Streamline Operations, But Revenue Decline And Margin Pressures Are Anticipated Increased customer engagement and service delivery in Services and Solutions could drive revenue growth and improve net margins. お知らせ • Feb 22Centrica plc Proposes Final Dividend for the Year Ended 31 December 2024, Payable on 5 June 2025 and Proposes Dividend for Full Year 2025Centrica plc is proposing a 2024 final dividend of 3.0 pence per share for the year ended 31 December 2024, taking the full year dividend to 4.5 pence from 4.0 pence per share in 2023, with an intent to raise the 2025 dividend per share by a further 22% to 5.5 pence. The dividend will be submitted for formal approval at the Annual General Meeting to be held on 8 May 2025 and, subject to approval, will be paid on 5 June 2025 to those shareholders registered on 2 May 2025. Ex-dividend date for 2024 final dividend is 1 May 2025.Reported Earnings • Feb 21Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: UK£0.26 (down from UK£0.71 in FY 2023). Revenue: UK£19.9b (down 25% from FY 2023). Net income: UK£1.33b (down 66% from FY 2023). Profit margin: 6.7% (down from 15% in FY 2023). Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) exceeded analyst estimates by 31%. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Integrated Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 21Centrica plc, Annual General Meeting, May 08, 2025Centrica plc, Annual General Meeting, May 08, 2025.お知らせ • Feb 20Centrica plc to Report Fiscal Year 2024 Results on Feb 20, 2025Centrica plc announced that they will report fiscal year 2024 results at 7:00 AM, Coordinated Universal Time on Feb 20, 2025お知らせ • Nov 15Centrica plc Announces Board Changes, Effective 16 December 2024On 25 July 2024, Centrica plc announced that Kevin O'Byrne, currently Senior Independent Director, would succeed Scott Wheway as Chair of the Board from 16 December 2024. The company also announced the appointment of Jo Harlow as Senior Independent Director, effective from 16 December 2024. Jo was appointed to the Centrica Board on 1 December 2023 and serves as a member of the Remuneration and Nominations Committees.Buy Or Sell Opportunity • Nov 05Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.2% to UK£1.16. The fair value is estimated to be UK£1.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 65%. For the next 3 years, revenue is forecast to decline by 2.7% per annum. Earnings are also forecast to decline by 9.9% per annum over the same time period.お知らせ • Oct 07British Gas Owner Reportedly Mulls £1 Billion Stake in HinkleyTHE owner of British Gas is exploring a potential investment in Hinkley Point C Solutions Limited as French state energy giant Electricité de France S.A. (EDF) scrambles to raise more funds for the troubled nuclear project. Centrica plc (LSE:CNA) has held discussions about a possible deal in recent months, although the talks are at an early stage, The Telegraph understands. City sources suggested the company could put at least £1 billion into the scheme, which is being built in Somerset, in exchange for a stake of 5% or more. Any deal would also likely secure Centrica a share of the plant's electricity output, at a time when energy suppliers are revisiting nuclear as a potential source of "clean" power to replace fossil fuels. It comes as EDF, which owns 68% of Hinkley, faces a reported £5 billion shortfall in funding needed to complete the scheme. As part of efforts to plug the gap, the company and the French government have lobbied for financial support from the UK Government while also seeking new private backers. An investment by Centrica would extend a long-running partnership between the British company and EDF. The FTSE 100 giant already holds a 20% share in all five of EDF's remaining UK nuclear power stations. This also entitles it to trade an equivalent share of the electricity they generate, a deal that has helped Centrica net at least £1.5 billion in profits since the 2022 surge in power prices. With all but one of the plants scheduled to close this decade, however, the company's bosses have been exploring whether to invest in new nuclear projects. Until now, Centrica's only interest was thought to be in the proposed Sizewell C plant in Suffolk. Those in talks with the Government include Centrica, Emirates Nuclear Energy Corporation (Enec), Schroders Greencoat and Amber Infrastructure Group. However, one City source said there was crossover between the Sizewell bidders and those having talks with EDF about a possible investment in Hinkley, with Centrica having expressed interest in the latter as well. Centrica is expected to back only one of the nuclear schemes, or neither, people familiar with the discussions suggested. It is seen as unlikely to invest in both. Hinkley may ultimately look more attractive to energy supplier Centrica, depending on the terms, as the plant is due to come online before Sizewell, the City source said. This is despite significant delays and cost overruns. They added: "It would be a bit weird, strategically, for Centrica executives to say we want to lock a billion pounds of shareholders' money up for 15 years before a single electron gets produced. "The more strategic transaction would be to put a billion into Hinkley, but with a very good deal from EDF." On October 4, 2024, a spokesman for Centrica declined to comment. EDF also declined to comment.Upcoming Dividend • Sep 26Upcoming dividend of UK£0.015 per shareEligible shareholders must have bought the stock before 03 October 2024. Payment date: 14 November 2024. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of British dividend payers (5.4%). Lower than average of industry peers (5.6%).お知らせ • Sep 17Centrica plc (LSE:CNA) agreed to acquire Nine 100-MW battery energy storage system (BESS) projects in Sweden from Future Generation Renewable Energy AG.Centrica plc (LSE:CNA) agreed to acquire Nine 100-MW battery energy storage system (BESS) projects in Sweden from Future Generation Renewable Energy AG on September 16, 2024.Reported Earnings • Jul 28First half 2024 earnings released: EPS: UK£0.25 (vs UK£0.73 in 1H 2023)First half 2024 results: EPS: UK£0.25 (down from UK£0.73 in 1H 2023). Revenue: UK£10.5b (down 36% from 1H 2023). Net income: UK£1.33b (down 68% from 1H 2023). Profit margin: 13% (down from 25% in 1H 2023). Revenue is expected to decline by 2.9% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to grow by 2.6%. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth.Declared Dividend • Jul 28First half dividend increased to UK£0.015Dividend of UK£0.015 is 13% higher than last year. Ex-date: 3rd October 2024 Payment date: 14th November 2024 Dividend yield will be 3.2%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is well covered by both earnings (20% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 29% over the next 3 years. However, it would need to fall by 77% to increase the payout ratio to a potentially unsustainable range.お知らせ • Jul 26Centrica plc Announces Board ChangesCentrica plc announced that Scott Wheway will step down as Chair of the Company after almost nine years on the Board and five years as Chair and will not seek re-election as a Director. The Board announced that, effective 16 December 2024, Kevin O'Byrne will succeed Scott and will be appointed as Chair of the Company. Kevin has served as a Non-Executive Director of the Company since May 2019 and is currently the Company's Senior Independent Director and a member of the Nominations Committee and Audit and Risk Committee. Kevin was Chair of Centrica plc's Audit and Risk Committee from 2019 to 2023. In line with UK Corporate Governance Code recommendations, as the Senior Independent Director was a candidate for the role of Chair, non-executive director Amber Rudd led a comprehensive search process, considering both internal and external candidates. Kevin brings extensive executive and Board experience, in addition to knowledge of Centrica's operations, to the role. He has significant experience of complex financial and capital allocation decision making matters. Kevin has held CFO and CEO roles in a number of leading UK and international retailers since 2004, including Chief Financial Officer of J Sainsbury plc from 2017 to 2023. He was previously an executive director of Kingfisher plc and Dixons Retail plc. He was a non-executive director of Land Securities plc from 2008 to 2017 where he was Chair of the Audit Committee and Senior Independent Director. Kevin is currently also a non-executive director of NYSE listed International Flavors & Fragrances Inc. (IFF), a multinational market leading supplier to the food, beverage, beauty, and household and personal care sectors. At IFF he is Chair of the Governance & Corporate Responsibility Committee and sits on the Innovation and Audit Committees.Recent Insider Transactions Derivative • Jul 15Key Executive exercised options and sold UK£2.6m worth of stockOn the 12th of July, Christopher O'Shea exercised options to acquire 2m shares at no cost and sold these for an average price of UK£1.38 per share. This trade did not impact their existing holding. For the year to December 2018, Christopher's total compensation was 10% salary and 90% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2023, Christopher's direct individual holding has increased from 601.81k shares to 3.35m. Company insiders have collectively sold UK£4.5m more than they bought, via options and on-market transactions in the last 12 months.お知らせ • Jun 06Centrica plc Approves the Final Cash DividendCentrica plc at its AGM held on June 5, 2024, approved the final cash dividend of 2.67 pence per ordinary share.Upcoming Dividend • May 23Upcoming dividend of UK£0.027 per shareEligible shareholders must have bought the stock before 30 May 2024. Payment date: 11 July 2024. Payout ratio is a comfortable 5.7% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of British dividend payers (5.6%). Lower than average of industry peers (5.5%).Recent Insider Transactions Derivative • May 20Key Executive exercised options and sold UK£1.9m worth of stockOn the 17th of May, Christopher O'Shea exercised options to acquire 1m shares at no cost and sold these for an average price of UK£1.44 per share. This trade did not impact their existing holding. For the year to December 2018, Christopher's total compensation was 10% salary and 90% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2023, Christopher's direct individual holding has increased from 601.81k shares to 602.80k. Company insiders have collectively sold UK£1.9m more than they bought, via options and on-market transactions in the last 12 months.Buy Or Sell Opportunity • May 03Now 20% overvaluedOver the last 90 days, the stock has fallen 4.5% to UK£1.29. The fair value is estimated to be UK£1.07, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 11% per annum. Earnings are also forecast to decline by 41% per annum over the same time period.Reported Earnings • Mar 27Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2023 results: EPS: UK£0.71 (up from UK£0.13 loss in FY 2022). Revenue: UK£26.5b (up 11% from FY 2022). Net income: UK£3.93b (up UK£4.71b from FY 2022). Profit margin: 15% (up from net loss in FY 2022). Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) exceeded analyst estimates by 134%. Revenue is forecast to decline by 11% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Feb 21Consensus revenue estimates fall by 21%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from UK£28.8b to UK£22.7b. EPS estimate fell from UK£0.193 to UK£0.169 per share. Net income forecast to shrink 77% next year vs 7.4% growth forecast for Integrated Utilities industry in the United Kingdom . Consensus price target down from UK£1.79 to UK£1.74. Share price was steady at UK£1.33 over the past week.Major Estimate Revision • Feb 21Consensus revenue estimates fall by 21%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from UK£28.8b to UK£22.7b. EPS estimate fell from UK£0.193 to UK£0.169 per share. Net income forecast to shrink 77% next year vs 7.4% growth forecast for Integrated Utilities industry in the United Kingdom . Consensus price target down from UK£1.79 to UK£1.74. Share price was steady at UK£1.33 over the past week.Declared Dividend • Feb 18Final dividend increased to UK£0.027Dividend of UK£0.027 is 34% higher than last year. Ex-date: 30th May 2024 Payment date: 11th July 2024 Dividend yield will be 2.9%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is well covered by both earnings (6% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 83% over the next 3 years. However, it would need to fall by 94% to increase the payout ratio to a potentially unsustainable range.Reported Earnings • Feb 16Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2023 results: EPS: UK£0.71 (up from UK£0.13 loss in FY 2022). Revenue: UK£26.5b (up 11% from FY 2022). Net income: UK£3.93b (up UK£4.71b from FY 2022). Profit margin: 15% (up from net loss in FY 2022). Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) exceeded analyst estimates by 134%. Revenue is forecast to decline by 11% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 15+ 1 more updateCentrica plc, Annual General Meeting, Jun 05, 2024Centrica plc, Annual General Meeting, Jun 05, 2024.お知らせ • Feb 14Centrica plc to Report Fiscal Year 2023 Results on Feb 15, 2024Centrica plc announced that they will report fiscal year 2023 results at 7:00 AM, Coordinated Universal Time on Feb 15, 2024お知らせ • Nov 23Centrica plc Announces Management Appointments, Effective December 1, 2023Centrica plc announced the appointment of Jo Harlow and Sue Whalley as Non-Executive Directors of the Company with effect from 1 December 2023, whereupon Jo and Sue will also become members of the Company's Remuneration Committee and Nominations Committee. Jo Harlow has more than 25 years' experience working in various senior roles, predominantly in the branded and technology sectors. Prior to her non-executive career, Jo held the position of Corporate Vice President of the Phones Business Unit at Microsoft. She previously spent 11 years at Nokia Corporation in a number of senior management roles, including Executive Vice President of Smart Devices. Jo currently serves as Non-Executive Director and Remuneration Committee Chair at InterContinental Hotels Group PLC and J Sainsbury plc, and as Senior Independent Director and Remuneration Committee Chair at Halma plc. She is also a Non-Executive Director at Chapter Zero Limited. Jo will be retiring from the Board of InterContinental Hotels Group PLC on 31 December 2023. Jo was also previously a Non-Executive Director of Ceconomy AG from 2017 to 2021. She attended Duke University in North Carolina and has a BSc in Psychology. Sue Whalley is Chief People and Performance Officer at Associated British Foods plc (ABF), having been appointed to the role in 2019. Prior to joining ABF, Sue spent 12 years at Royal Mail Group, where she held a number of executive roles including Chief Executive Officer of the Post & Parcels division and Chief Operations Officer. Prior to that, Sue was a Partner at McKinsey & Company where she spent nearly 18 years in management consultancy. Sue is a graduate of University of Cambridge and holds an MBA from Harvard Business School.Board Change • Oct 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Non-Executive Director Philippe Boisseau was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Sep 28Upcoming dividend of UK£0.013 per share at 2.1% yieldEligible shareholders must have bought the stock before 05 October 2023. Payment date: 16 November 2023. Payout ratio is a comfortable 4.5% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of British dividend payers (6.3%). Lower than average of industry peers (5.8%).お知らせ • Aug 12Centrica plc Announces Appointment of Philippe Boisseau as Non-Executive Director, Member of Safety, Environment and Sustainability Committee, Audit and Risk Committee and Nominations Committee, Effective 1 September 2023Centrica plc announced the appointment of Philippe Boisseau as a Non-Executive Director of the Company with effect from 1 September 2023, whereupon he will also become a member of the Company's Safety, Environment and Sustainability Committee, Audit and Risk Committee and Nominations Committee.株主還元CNAGB Integrated UtilitiesGB 市場7D-7.5%0.6%2.4%1Y35.1%23.3%21.7%株主還元を見る業界別リターン: CNA過去 1 年間で23.3 % の収益を上げたUK Integrated Utilities業界を上回りました。リターン対市場: CNA過去 1 年間で21.7 % の収益を上げたUK市場を上回りました。価格変動Is CNA's price volatile compared to industry and market?CNA volatilityCNA Average Weekly Movement4.5%Integrated Utilities Industry Average Movement4.1%Market Average Movement5.7%10% most volatile stocks in GB Market11.5%10% least volatile stocks in GB Market3.1%安定した株価: CNA 、 UK市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: CNAの 週次ボラティリティ ( 5% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト181220,573Chris O'Sheawww.centrica.comセントリカplcは英国、アイルランド、スカンジナビア、北米、および国際的な総合エネルギー企業として事業を展開している。同社はブリティッシュ・ガス・サービシズ＆ソリューションズ、ブリティッシュ・ガス・エナジー、セントリカ・ビジネス・ソリューションズ、ボルド・ガイス・エナジー、エネルギー・マーケティング＆トレーディング、アップストリーム部門を通じて事業を展開している。家庭用、商業用、工業用、中小企業向けにガスと電力を供給し、エネルギー関連サービスも提供している。また、家庭用セントラルヒーティング、給排水管、電気機器、暖房、換気、空調システムの設置、修理、メンテナンスサービス、故障サービスも提供している。さらに、エネルギーの調達、取引、最適化、LNGの調達と販売、エネルギー効率化ソリューションと技術の供給にも携わっている。さらに、ガスや石油の生産・加工、埋蔵量維持のための新鉱区開発、インフラの建設・所有・開発、社会的企業投資ファンド活動も行っている。さらに、車両リース、商業、保険サービス、エネルギー管理製品・サービスの提供、蓄電池の建設、太陽光発電所の建設と送電網への接続、ガス貯蔵とフランチャイズ・ネットワークの運営も行っている。同社は以前はイールドトップplcとして知られ、1996年12月にセントリカplcに社名を変更した。セントリカplcは1812年に設立され、英国ウィンザーに本社を置いている。もっと見るCentrica plc 基礎のまとめCentrica の収益と売上を時価総額と比較するとどうか。CNA 基礎統計学時価総額UK£8.97b収益（TTM）-UK£72.00m売上高(TTM)UK£19.49b0.5xP/Sレシオ-124.6xPER（株価収益率CNA は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計CNA 損益計算書（TTM）収益UK£19.49b売上原価UK£11.91b売上総利益UK£7.58bその他の費用UK£7.65b収益-UK£72.00m直近の収益報告Dec 31, 2025次回決算日該当なし一株当たり利益（EPS）-0.016グロス・マージン38.88%純利益率-0.37%有利子負債／自己資本比率72.2%CNA の長期的なパフォーマンスは？過去の実績と比較を見る配当金2.8%現在の配当利回り-366%配当性向CNA 配当は確実ですか？CNA 配当履歴とベンチマークを見るCNA 、いつまでに購入すれば配当金を受け取れますか？Centrica 配当日配当落ち日Apr 09 2026配当支払日May 14 2026配当落ちまでの日数29 days配当支払日までの日数6 daysCNA 配当は確実ですか？CNA 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/07 10:32終値2026/05/07 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Centrica plc 13 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。22 アナリスト機関Mark HivesBarclaysDominic NashBarclaysDominic NashBarclays19 その他のアナリストを表示
ナラティブ更新 • Apr 27CNA: Low Carbon Projects And On Site Power Will Shape Balanced OutlookThe analyst price target for Centrica has been raised, with recent Street research pointing to a cluster of higher targets in the £2.00 to £2.32 range, as analysts highlight the company’s positioning in low carbon generation and recent energy market disruption. Analyst Commentary Recent research shows a mix of optimism and caution around Centrica, with several firms adjusting ratings and price targets in a relatively tight range around £2.00 to £2.32.
ナラティブ更新 • Apr 12CNA: Low Carbon Projects And On Site Power Partnerships Will Support Fair OutlookCentrica's analyst price target has edged higher to £2.19 from £2.16, as analysts point to recent price target increases across the Street and see support from disruption in energy markets and the company's positioning in low carbon generation. Analyst Commentary Recent Street research around Centrica shows a mix of optimism on the long term setup and caution on near term execution and valuation, which is reflected in both upgrades and downgrades alongside a cluster of higher price targets.
Upcoming Dividend • Apr 02Upcoming dividend of UK£0.037 per shareEligible shareholders must have bought the stock before 09 April 2026. Payment date: 14 May 2026. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 2.5%. Lower than top quartile of British dividend payers (5.9%). Lower than average of industry peers (3.9%).
ナラティブ更新 • Mar 28CNA: Fair View Sees Low Carbon Projects Offsetting Limited Near Term TriggersThe analyst price target for Centrica has been revised higher to £2.16 per share. The change is supported by recent research pointing to adjusted revenue growth assumptions, a slightly different profit margin outlook, and a higher future P/E multiple as analysts respond to rising price targets and rating changes across several firms.
New Risk • Mar 25New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: UK£653k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 176% Minor Risk Significant insider selling over the past 3 months (UK£653k sold).
Recent Insider Transactions • Mar 25Key Executive recently sold UK£653k worth of stockOn the 23rd of March, Christopher O'Shea sold around 327k shares on-market at roughly UK£2.00 per share. This transaction amounted to 4.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Christopher's only on-market trade for the last 12 months.
ナラティブ更新 • Apr 27CNA: Low Carbon Projects And On Site Power Will Shape Balanced OutlookThe analyst price target for Centrica has been raised, with recent Street research pointing to a cluster of higher targets in the £2.00 to £2.32 range, as analysts highlight the company’s positioning in low carbon generation and recent energy market disruption. Analyst Commentary Recent research shows a mix of optimism and caution around Centrica, with several firms adjusting ratings and price targets in a relatively tight range around £2.00 to £2.32.
ナラティブ更新 • Apr 12CNA: Low Carbon Projects And On Site Power Partnerships Will Support Fair OutlookCentrica's analyst price target has edged higher to £2.19 from £2.16, as analysts point to recent price target increases across the Street and see support from disruption in energy markets and the company's positioning in low carbon generation. Analyst Commentary Recent Street research around Centrica shows a mix of optimism on the long term setup and caution on near term execution and valuation, which is reflected in both upgrades and downgrades alongside a cluster of higher price targets.
Upcoming Dividend • Apr 02Upcoming dividend of UK£0.037 per shareEligible shareholders must have bought the stock before 09 April 2026. Payment date: 14 May 2026. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 2.5%. Lower than top quartile of British dividend payers (5.9%). Lower than average of industry peers (3.9%).
ナラティブ更新 • Mar 28CNA: Fair View Sees Low Carbon Projects Offsetting Limited Near Term TriggersThe analyst price target for Centrica has been revised higher to £2.16 per share. The change is supported by recent research pointing to adjusted revenue growth assumptions, a slightly different profit margin outlook, and a higher future P/E multiple as analysts respond to rising price targets and rating changes across several firms.
New Risk • Mar 25New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: UK£653k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 176% Minor Risk Significant insider selling over the past 3 months (UK£653k sold).
Recent Insider Transactions • Mar 25Key Executive recently sold UK£653k worth of stockOn the 23rd of March, Christopher O'Shea sold around 327k shares on-market at roughly UK£2.00 per share. This transaction amounted to 4.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Christopher's only on-market trade for the last 12 months.
ナラティブ更新 • Mar 13CNA: Fair View Balances Low Carbon Upside With Fewer Near Term CatalystsThe analyst price target for Centrica has edged higher to reflect a modest uplift in fair value to £2.05 and a slightly richer future P/E assumption, as analysts balance higher UK low carbon and gas price tailwinds against recent share gains and fewer near term catalysts. Analyst Commentary Recent research on Centrica shows a split between bullish and bearish analysts, with several raising price targets while others have turned more cautious after the share price recovery and completion of the buyback.
ナラティブ更新 • Feb 25CNA: Neutral Stance Will Rely On Execution Against Tight P/E ExpectationsCentrica's analyst fair value estimate has edged up to reflect higher price targets in the £2.24 to £2.32 range, with analysts citing adjusted expectations for revenue growth, improved profit margin assumptions, and a lower expected future P/E of 11.4x. Analyst Commentary Recent research has clustered Centrica's price targets in the £2.24 to £2.32 range, with several banks adjusting their numbers in quick succession.
Reported Earnings • Feb 20Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: UK£0.015 loss per share (down from UK£0.26 profit in FY 2024). Revenue: UK£19.5b (down 2.1% from FY 2024). Net loss: UK£72.0m (down 105% from profit in FY 2024). Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Integrated Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.
お知らせ • Feb 20+ 1 more updateCentrica plc Announces Board and Committee Changes, Effective 7 May 2026Centrica plc announced that Carol Arrowsmith, Non-Executive Director and Chair of the Remuneration Committee, has informed the Board of her intention to step down at the conclusion of the 2026 Annual General Meeting (AGM) on 7 May 2026 after almost six years on the Board. Carol will therefore not seek re-election at the 2026 AGM. Centrica announced that Sue Whalley will be appointed as Chair of the Remuneration Committee and join the Nominations Committee with effect from the conclusion of the 2026 AGM.
ナラティブ更新 • Feb 10CNA: Neutral View Will Depend On Execution And Valuation DisciplineAnalysts have nudged their fair value estimate for Centrica slightly higher to £1.98 from £1.96, citing updated assumptions around revenue growth, profit margins and a modestly higher future P/E, which are consistent with recent upward price target moves from several firms. Analyst Commentary Recent updates from bullish analysts have focused on higher price targets and slightly richer valuation assumptions that they see as better aligned with current market expectations for Centrica.
ナラティブ更新 • Jan 24CNA: Neutral Stance Will Hinge On Execution And Margin ResilienceAnalysts have trimmed their fair value estimate for Centrica slightly, now seeing it closer to £1.96 per share. Updated assumptions on revenue growth, profit margins and future P/E have led to a more cautious stance, which is reflected in the recent move to a Neutral rating with a £1.85 price target.
ナラティブ更新 • Jan 10CNA: Energy Transition Execution Will Shape Balanced Future Risk Reward ProfileAnalysts have slightly raised their fair value estimate for Centrica from £1.97 to £1.98 per share, reflecting a mix of more cautious and more constructive views after recent rating changes and updated price targets across the sector. Analyst Commentary Recent rating changes on Centrica show a mix of optimism and caution, which helps explain why the fair value move has been incremental rather than dramatic.
ナラティブ更新 • Dec 26CNA: Energy Transition Execution Will Drive Long Term Earnings MomentumAnalysts have nudged their fair value estimate for Centrica slightly higher to approximately £1.97 from about £1.96. They cite a broadly stable discount rate, marginally stronger revenue growth expectations and modestly higher sector upside that is partly tempered by a more balanced risk reward profile.
お知らせ • Dec 19Centrica plc Announces Directorate and Committee ChangesCentrica announced that Heidi Mottram, Non-Executive Director of Centrica plc, will step down from the Board with effect from 31 December 2025. Heidi has served on the Board since 1 January 2020 and has contributed significantly to the work of the Nominations and Remuneration Committees and as Chair of the Safety, Environment and Sustainability Committee. The Board thanks her for her valuable contribution. Centrica also announces that Amber Rudd will be appointed as Chair of the Safety, Environment and Sustainability Committee and will join the Nominations Committee, both with effect from 1 January 2026.
ナラティブ更新 • Dec 11CNA: Cost Cutting Plan Will Support Long Term Earnings MomentumAnalysts have nudged their average price target for Centrica slightly lower to about £1.96. This reflects a modest recalibration of fair value assumptions, even as they highlight potential upside from sector tailwinds, improving renewables exposure, and prospective cost cutting initiatives.
お知らせ • Nov 28Centrica plc (LSE:CNA) and Energy Capital Partners, LLC completed the acquisition of National Grid Grain LNG Limited and Thamesport Interchange Limited from National Grid plc (LSE:NG.)Centrica plc (LSE:CNA) and Energy Capital Partners, LLC entered into a sale and purchase agreement to acquire National Grid Grain LNG Limited/Thamesport Interchange Limited from National Grid plc (LSE:NG.) for an enterprise value of £1.5 billion on August 14, 2025. A cash consideration will be paid by Centrica plc and Energy Capital Partners, LLC. The purchase of Grain LNG is for an enterprise value of £1.5 billion. Centrica's 50% share of the equity investment of approximately £200 million will be funded from it's existing cash resources. Centrica plc and Energy Capital Partners has also secured approximately £1.1 billion of committed financing, which will be drawn at closing, to fund a portion of the enterprise value. The transaction is conditional upon certain regulatory approvals being received, including approval under the National Security and Investment Act and certain mandatory anti-trust approvals. The completion of the transaction is expected to occur in Q4 this calendar year. Brian O'Keeffe, Conor Hennebry and Martin Weltman Banco Santander, S.A., London Branch acted as financial advisor for Centrica plc and Energy Capital Partners, LLC. Slaughter and May acted as legal advisor for Centrica plc. Latham & Watkins LLP acted as legal advisor for Centrica plc and Energy Capital Partners, LLC. Morgan Stanley acted as financial advisor to National Grid plc. Charles Steward, Caroline Rae, Reza Dadbakhsh, Silke Goldberg, David Coulling, Veronica Roberts, Howard Murray and Tim Leaver of Herbert Smith Freehills LLP acted as legal advisor to National Grid plc (LSE:NG.) Centrica plc (LSE:CNA) and Energy Capital Partners, LLC completed the acquisition of National Grid Grain LNG Limited and Thamesport Interchange Limited from National Grid plc (LSE:NG.) on November 28, 2025.
ナラティブ更新 • Nov 27CNA: Cost Cutting Plan And Renewables Outlook Will Support Long Term GainsCentrica's analyst price target has been raised slightly to £2.10. Analysts cite further upside potential in European utilities and an improving outlook for renewables as supporting factors.
分析記事 • Nov 24Centrica (LON:CNA) Has A Somewhat Strained Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
ナラティブ更新 • Nov 13CNA: Renewables Momentum and Nuclear Developments Will Drive Further Upside PotentialThe analyst price target for Centrica has been increased, now ranging from 179 GBp to 210 GBp. Analysts cite expectations of continued earnings momentum, further upside potential in UK utilities, and an improved outlook for renewables. Analyst Commentary Recent analyst research on Centrica highlights both optimistic perspectives and ongoing areas of caution regarding the company's growth trajectory and valuation outlook.
Buy Or Sell Opportunity • Oct 31Now 20% undervaluedOver the last 90 days, the stock has risen 8.3% to UK£1.79. The fair value is estimated to be UK£2.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.5% over the last 3 years. Meanwhile, the company became loss making.
ナラティブ更新 • Oct 29Nuclear Agreements And Renewables Momentum Will Shape Energy OutlookAnalysts have revised their price targets for Centrica higher. New targets have risen from £1.77 to a range as high as £2.10, citing ongoing momentum in UK utilities, an improved outlook for renewables, and potential for future earnings growth.
分析記事 • Oct 28An Intrinsic Calculation For Centrica plc (LON:CNA) Suggests It's 21% UndervaluedKey Insights Using the 2 Stage Free Cash Flow to Equity, Centrica fair value estimate is UK£2.24 Centrica is estimated...
ナラティブ更新 • Oct 15Sizewell C And Morecambe Net Zero Will Drive Energy TransformationCentrica's analyst price target has increased from 180 GBp to 210 GBp, as analysts see upside potential driven by improving renewables prospects and cost-cutting initiatives within the UK utility sector. Analyst Commentary Recent analyst research on Centrica highlights optimism around the company's future prospects, as well as some areas where caution may be warranted.
ナラティブ更新 • Sep 28Sizewell C And Morecambe Net Zero Will Drive Energy TransformationAnalysts have raised Centrica’s price target slightly to £1.93, citing its strong positioning among UK utilities, improved earnings momentum, and anticipated cost-cutting efforts, while overall fair value remains nearly unchanged. Analyst Commentary Bullish analysts highlight Centrica as a top pick in UK utilities due to its strong relative positioning.
お知らせ • Sep 22Centrica plc Appoints Frank Mastiaux as a Non-Executive Director, Effective 22 September 2025Centrica announced the appointment of Frank Mastiaux as a Non-Executive Director of the Company with effect from 22 September 2025. Frank will also join the Company's Safety, Environment and Sustainability Committee (SESC). Frank is an experienced executive and board member with over three decades in the energy industry. He served as CEO of Energie Baden-Württemberg AG (EnBW) from 2012 to 2022, where he led a strategic transformation that significantly increased the company's market capitalisation and positioned it as a leader in renewable energy. Prior to that, he held senior roles at BP and E.ON, including CEO of E.ON Climate & Renewables and CEO of BP's global LPG business. Frank currently serves as Chair of Sunfire SE, a hydrogen technology company, and is an advisory board member at Boehringer Ingelheim. He was previously a Supervisory Board member at Alstom Group. He holds a PhD in Analytical Chemistry from the University of Duisburg.
ナラティブ更新 • Sep 13Sizewell C And Morecambe Net Zero Will Drive Energy TransformationCautious optimism among analysts, grounded in Centrica’s strong past sector outperformance and a balanced risk/reward outlook, has led to a marginal increase in the consensus price target from £1.87 to £1.90. Analyst Commentary Bullish analysts see modest upside potential, reflected in minor price target increases.
Upcoming Dividend • Sep 11Upcoming dividend of UK£0.018 per shareEligible shareholders must have bought the stock before 18 September 2025. Payment date: 30 October 2025. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 3.1%. Lower than top quartile of British dividend payers (5.5%). Lower than average of industry peers (5.1%).
分析記事 • Aug 16Here's Why Centrica (LON:CNA) Has A Meaningful Debt BurdenLSE:CNA 1 Year Share Price vs Fair Value Explore Centrica's Fair Values from the Community and select yours Some say...
お知らせ • Aug 14Centrica plc (LSE:CNA) and Energy Capital Partners, LLC entered into a sale and purchase agreement to acquire National Grid Grain LNG Limited/Thamesport Interchange Limited from National Grid plc (LSE:NG.).Centrica plc (LSE:CNA) and Energy Capital Partners, LLC entered into a sale and purchase agreement to acquire National Grid Grain LNG Limited/Thamesport Interchange Limited from National Grid plc (LSE:NG.) on August 14, 2025. A cash consideration will be paid by Centrica plc and Energy Capital Partners, LLC. The purchase of Grain LNG is for an enterprise value of £1.5 billion. Centrica's 50% share of the equity investment of approximately £200 million will be funded from it's existing cash resources. Centrica plc and Energy Capital Partners has also secured approximately £1.1 billion of committed financing, which will be drawn at closing, to fund a portion of the enterprise value. The transaction is conditional upon certain regulatory approvals being received, including approval under the National Security and Investment Act and certain mandatory anti-trust approvals. The completion of the transaction is expected to occur in Q4 this calendar year. Brian O'Keeffe, Conor Hennebry and Martin Weltman Banco Santander, S.A., London Branch acted as financial advisor for Centrica plc and Energy Capital Partners, LLC. Slaughter and May acted as legal advisor for Centrica plc. Latham & Watkins LLP acted as legal advisor for Centrica plc and Energy Capital Partners, LLC. Morgan Stanley acted as financial advisor to National Grid plc.
お知らせ • Jul 30Centrica plc (LSE:CNA) acquired 16% stake in Gasrec Ltd.Centrica plc (LSE:CNA) acquired 16% stake in Gasrec Ltd. on July 30, 2025. Centrica plc (LSE:CNA) completed the acquisition of 16% stake in Gasrec Ltd. on July 30, 2025.
Reported Earnings • Jul 25First half 2025 earnings: EPS and revenues miss analyst expectationsFirst half 2025 results: UK£0.051 loss per share (down from UK£0.25 profit in 1H 2024). Revenue: UK£10.1b (down 4.0% from 1H 2024). Net loss: UK£251.0m (down 119% from profit in 1H 2024). Revenue missed analyst estimates by 13%. Earnings per share (EPS) were also behind analyst expectations. Revenue is expected to decline by 2.5% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to grow by 3.3%. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jul 25Centrica plc Declares Interim Dividend for the First Half of 2025Centrica plc declared interim dividend of 1.83 pence per share for the first half of 2025 (H1 2024: 1.50 pence per share).
お知らせ • Jul 22Centrica plc to Report First Half, 2025 Results on Jul 24, 2025Centrica plc announced that they will report first half, 2025 results on Jul 24, 2025
分析記事 • Jul 18Centrica plc's (LON:CNA) Earnings Are Not Doing Enough For Some InvestorsWith a price-to-earnings (or "P/E") ratio of 5.5x Centrica plc ( LON:CNA ) may be sending very bullish signals at the...
お知らせ • Jul 08Centrica plc Appoints Alessandra Pasini as A Non-Executive Director; Member of Audit and Risk Committee and Nominations CommitteeCentrica plc announce the appointment of Alessandra Pasini as a Non-Executive Director of the Company with immediate effect. Alessandra will also become a member of the Company's Audit and Risk Committee and Nominations Committee.
Recent Insider Transactions Derivative • Jun 29Key Executive exercised options and sold UK£1.3m worth of stockOn the 23rd of June, Christopher O'Shea exercised options to acquire 771k shares at no cost and sold these for an average price of UK£1.68 per share. This trade did not impact their existing holding. For the year to December 2018, Christopher's total compensation was 20% salary and 80% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2024, Christopher has owned 5.49m shares directly. Company insiders have collectively sold UK£3.6m more than they bought, via options and on-market transactions in the last 12 months.
New Risk • Jun 25New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 8.7% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 8.7% per year for the foreseeable future. High level of non-cash earnings (44% accrual ratio). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (6.7% net profit margin).
お知らせ • May 09Centrica plc Approves the Final Cash DividendCentrica plc at its AGM held on May 8, 2025, approved the final cash dividend of 3.0 pence per ordinary share.
Buy Or Sell Opportunity • Apr 30Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 15% to UK£1.60. The fair value is estimated to be UK£1.33, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has grown by 53%. For the next 3 years, revenue is forecast to decline by 3.0% per annum. Earnings are also forecast to decline by 8.4% per annum over the same time period.
Upcoming Dividend • Apr 24Upcoming dividend of UK£0.03 per shareEligible shareholders must have bought the stock before 01 May 2025. Payment date: 05 June 2025. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of British dividend payers (6.2%). Lower than average of industry peers (5.1%).
Major Estimate Revision • Mar 05Consensus revenue estimates increase by 10%The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from UK£19.8b to UK£21.8b. EPS estimate increased from UK£0.163 to UK£0.166 per share. Net income forecast to shrink 39% next year vs 1.1% growth forecast for Integrated Utilities industry in the United Kingdom . Consensus price target up from UK£1.70 to UK£1.75. Share price was steady at UK£1.47 over the past week.
Major Estimate Revision • Feb 27Consensus EPS estimates increase by 15%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from UK£23.5b to UK£22.1b. EPS estimate rose from UK£0.141 to UK£0.163. Net income forecast to shrink 40% next year vs 4.5% growth forecast for Integrated Utilities industry in the United Kingdom . Consensus price target up from UK£1.67 to UK£1.73. Share price rose 8.6% to UK£1.48 over the past week.
新しいナラティブ • Feb 23Investments In Flexible Generation And Technology Will Streamline Operations, But Revenue Decline And Margin Pressures Are Anticipated Increased customer engagement and service delivery in Services and Solutions could drive revenue growth and improve net margins.
お知らせ • Feb 22Centrica plc Proposes Final Dividend for the Year Ended 31 December 2024, Payable on 5 June 2025 and Proposes Dividend for Full Year 2025Centrica plc is proposing a 2024 final dividend of 3.0 pence per share for the year ended 31 December 2024, taking the full year dividend to 4.5 pence from 4.0 pence per share in 2023, with an intent to raise the 2025 dividend per share by a further 22% to 5.5 pence. The dividend will be submitted for formal approval at the Annual General Meeting to be held on 8 May 2025 and, subject to approval, will be paid on 5 June 2025 to those shareholders registered on 2 May 2025. Ex-dividend date for 2024 final dividend is 1 May 2025.
Reported Earnings • Feb 21Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: UK£0.26 (down from UK£0.71 in FY 2023). Revenue: UK£19.9b (down 25% from FY 2023). Net income: UK£1.33b (down 66% from FY 2023). Profit margin: 6.7% (down from 15% in FY 2023). Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) exceeded analyst estimates by 31%. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Integrated Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 21Centrica plc, Annual General Meeting, May 08, 2025Centrica plc, Annual General Meeting, May 08, 2025.
お知らせ • Feb 20Centrica plc to Report Fiscal Year 2024 Results on Feb 20, 2025Centrica plc announced that they will report fiscal year 2024 results at 7:00 AM, Coordinated Universal Time on Feb 20, 2025
お知らせ • Nov 15Centrica plc Announces Board Changes, Effective 16 December 2024On 25 July 2024, Centrica plc announced that Kevin O'Byrne, currently Senior Independent Director, would succeed Scott Wheway as Chair of the Board from 16 December 2024. The company also announced the appointment of Jo Harlow as Senior Independent Director, effective from 16 December 2024. Jo was appointed to the Centrica Board on 1 December 2023 and serves as a member of the Remuneration and Nominations Committees.
Buy Or Sell Opportunity • Nov 05Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.2% to UK£1.16. The fair value is estimated to be UK£1.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 65%. For the next 3 years, revenue is forecast to decline by 2.7% per annum. Earnings are also forecast to decline by 9.9% per annum over the same time period.
お知らせ • Oct 07British Gas Owner Reportedly Mulls £1 Billion Stake in HinkleyTHE owner of British Gas is exploring a potential investment in Hinkley Point C Solutions Limited as French state energy giant Electricité de France S.A. (EDF) scrambles to raise more funds for the troubled nuclear project. Centrica plc (LSE:CNA) has held discussions about a possible deal in recent months, although the talks are at an early stage, The Telegraph understands. City sources suggested the company could put at least £1 billion into the scheme, which is being built in Somerset, in exchange for a stake of 5% or more. Any deal would also likely secure Centrica a share of the plant's electricity output, at a time when energy suppliers are revisiting nuclear as a potential source of "clean" power to replace fossil fuels. It comes as EDF, which owns 68% of Hinkley, faces a reported £5 billion shortfall in funding needed to complete the scheme. As part of efforts to plug the gap, the company and the French government have lobbied for financial support from the UK Government while also seeking new private backers. An investment by Centrica would extend a long-running partnership between the British company and EDF. The FTSE 100 giant already holds a 20% share in all five of EDF's remaining UK nuclear power stations. This also entitles it to trade an equivalent share of the electricity they generate, a deal that has helped Centrica net at least £1.5 billion in profits since the 2022 surge in power prices. With all but one of the plants scheduled to close this decade, however, the company's bosses have been exploring whether to invest in new nuclear projects. Until now, Centrica's only interest was thought to be in the proposed Sizewell C plant in Suffolk. Those in talks with the Government include Centrica, Emirates Nuclear Energy Corporation (Enec), Schroders Greencoat and Amber Infrastructure Group. However, one City source said there was crossover between the Sizewell bidders and those having talks with EDF about a possible investment in Hinkley, with Centrica having expressed interest in the latter as well. Centrica is expected to back only one of the nuclear schemes, or neither, people familiar with the discussions suggested. It is seen as unlikely to invest in both. Hinkley may ultimately look more attractive to energy supplier Centrica, depending on the terms, as the plant is due to come online before Sizewell, the City source said. This is despite significant delays and cost overruns. They added: "It would be a bit weird, strategically, for Centrica executives to say we want to lock a billion pounds of shareholders' money up for 15 years before a single electron gets produced. "The more strategic transaction would be to put a billion into Hinkley, but with a very good deal from EDF." On October 4, 2024, a spokesman for Centrica declined to comment. EDF also declined to comment.
Upcoming Dividend • Sep 26Upcoming dividend of UK£0.015 per shareEligible shareholders must have bought the stock before 03 October 2024. Payment date: 14 November 2024. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of British dividend payers (5.4%). Lower than average of industry peers (5.6%).
お知らせ • Sep 17Centrica plc (LSE:CNA) agreed to acquire Nine 100-MW battery energy storage system (BESS) projects in Sweden from Future Generation Renewable Energy AG.Centrica plc (LSE:CNA) agreed to acquire Nine 100-MW battery energy storage system (BESS) projects in Sweden from Future Generation Renewable Energy AG on September 16, 2024.
Reported Earnings • Jul 28First half 2024 earnings released: EPS: UK£0.25 (vs UK£0.73 in 1H 2023)First half 2024 results: EPS: UK£0.25 (down from UK£0.73 in 1H 2023). Revenue: UK£10.5b (down 36% from 1H 2023). Net income: UK£1.33b (down 68% from 1H 2023). Profit margin: 13% (down from 25% in 1H 2023). Revenue is expected to decline by 2.9% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to grow by 2.6%. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Jul 28First half dividend increased to UK£0.015Dividend of UK£0.015 is 13% higher than last year. Ex-date: 3rd October 2024 Payment date: 14th November 2024 Dividend yield will be 3.2%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is well covered by both earnings (20% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 29% over the next 3 years. However, it would need to fall by 77% to increase the payout ratio to a potentially unsustainable range.
お知らせ • Jul 26Centrica plc Announces Board ChangesCentrica plc announced that Scott Wheway will step down as Chair of the Company after almost nine years on the Board and five years as Chair and will not seek re-election as a Director. The Board announced that, effective 16 December 2024, Kevin O'Byrne will succeed Scott and will be appointed as Chair of the Company. Kevin has served as a Non-Executive Director of the Company since May 2019 and is currently the Company's Senior Independent Director and a member of the Nominations Committee and Audit and Risk Committee. Kevin was Chair of Centrica plc's Audit and Risk Committee from 2019 to 2023. In line with UK Corporate Governance Code recommendations, as the Senior Independent Director was a candidate for the role of Chair, non-executive director Amber Rudd led a comprehensive search process, considering both internal and external candidates. Kevin brings extensive executive and Board experience, in addition to knowledge of Centrica's operations, to the role. He has significant experience of complex financial and capital allocation decision making matters. Kevin has held CFO and CEO roles in a number of leading UK and international retailers since 2004, including Chief Financial Officer of J Sainsbury plc from 2017 to 2023. He was previously an executive director of Kingfisher plc and Dixons Retail plc. He was a non-executive director of Land Securities plc from 2008 to 2017 where he was Chair of the Audit Committee and Senior Independent Director. Kevin is currently also a non-executive director of NYSE listed International Flavors & Fragrances Inc. (IFF), a multinational market leading supplier to the food, beverage, beauty, and household and personal care sectors. At IFF he is Chair of the Governance & Corporate Responsibility Committee and sits on the Innovation and Audit Committees.
Recent Insider Transactions Derivative • Jul 15Key Executive exercised options and sold UK£2.6m worth of stockOn the 12th of July, Christopher O'Shea exercised options to acquire 2m shares at no cost and sold these for an average price of UK£1.38 per share. This trade did not impact their existing holding. For the year to December 2018, Christopher's total compensation was 10% salary and 90% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2023, Christopher's direct individual holding has increased from 601.81k shares to 3.35m. Company insiders have collectively sold UK£4.5m more than they bought, via options and on-market transactions in the last 12 months.
お知らせ • Jun 06Centrica plc Approves the Final Cash DividendCentrica plc at its AGM held on June 5, 2024, approved the final cash dividend of 2.67 pence per ordinary share.
Upcoming Dividend • May 23Upcoming dividend of UK£0.027 per shareEligible shareholders must have bought the stock before 30 May 2024. Payment date: 11 July 2024. Payout ratio is a comfortable 5.7% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of British dividend payers (5.6%). Lower than average of industry peers (5.5%).
Recent Insider Transactions Derivative • May 20Key Executive exercised options and sold UK£1.9m worth of stockOn the 17th of May, Christopher O'Shea exercised options to acquire 1m shares at no cost and sold these for an average price of UK£1.44 per share. This trade did not impact their existing holding. For the year to December 2018, Christopher's total compensation was 10% salary and 90% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2023, Christopher's direct individual holding has increased from 601.81k shares to 602.80k. Company insiders have collectively sold UK£1.9m more than they bought, via options and on-market transactions in the last 12 months.
Buy Or Sell Opportunity • May 03Now 20% overvaluedOver the last 90 days, the stock has fallen 4.5% to UK£1.29. The fair value is estimated to be UK£1.07, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 11% per annum. Earnings are also forecast to decline by 41% per annum over the same time period.
Reported Earnings • Mar 27Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2023 results: EPS: UK£0.71 (up from UK£0.13 loss in FY 2022). Revenue: UK£26.5b (up 11% from FY 2022). Net income: UK£3.93b (up UK£4.71b from FY 2022). Profit margin: 15% (up from net loss in FY 2022). Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) exceeded analyst estimates by 134%. Revenue is forecast to decline by 11% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Feb 21Consensus revenue estimates fall by 21%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from UK£28.8b to UK£22.7b. EPS estimate fell from UK£0.193 to UK£0.169 per share. Net income forecast to shrink 77% next year vs 7.4% growth forecast for Integrated Utilities industry in the United Kingdom . Consensus price target down from UK£1.79 to UK£1.74. Share price was steady at UK£1.33 over the past week.
Major Estimate Revision • Feb 21Consensus revenue estimates fall by 21%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from UK£28.8b to UK£22.7b. EPS estimate fell from UK£0.193 to UK£0.169 per share. Net income forecast to shrink 77% next year vs 7.4% growth forecast for Integrated Utilities industry in the United Kingdom . Consensus price target down from UK£1.79 to UK£1.74. Share price was steady at UK£1.33 over the past week.
Declared Dividend • Feb 18Final dividend increased to UK£0.027Dividend of UK£0.027 is 34% higher than last year. Ex-date: 30th May 2024 Payment date: 11th July 2024 Dividend yield will be 2.9%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is well covered by both earnings (6% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 83% over the next 3 years. However, it would need to fall by 94% to increase the payout ratio to a potentially unsustainable range.
Reported Earnings • Feb 16Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2023 results: EPS: UK£0.71 (up from UK£0.13 loss in FY 2022). Revenue: UK£26.5b (up 11% from FY 2022). Net income: UK£3.93b (up UK£4.71b from FY 2022). Profit margin: 15% (up from net loss in FY 2022). Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) exceeded analyst estimates by 134%. Revenue is forecast to decline by 11% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 15+ 1 more updateCentrica plc, Annual General Meeting, Jun 05, 2024Centrica plc, Annual General Meeting, Jun 05, 2024.
お知らせ • Feb 14Centrica plc to Report Fiscal Year 2023 Results on Feb 15, 2024Centrica plc announced that they will report fiscal year 2023 results at 7:00 AM, Coordinated Universal Time on Feb 15, 2024
お知らせ • Nov 23Centrica plc Announces Management Appointments, Effective December 1, 2023Centrica plc announced the appointment of Jo Harlow and Sue Whalley as Non-Executive Directors of the Company with effect from 1 December 2023, whereupon Jo and Sue will also become members of the Company's Remuneration Committee and Nominations Committee. Jo Harlow has more than 25 years' experience working in various senior roles, predominantly in the branded and technology sectors. Prior to her non-executive career, Jo held the position of Corporate Vice President of the Phones Business Unit at Microsoft. She previously spent 11 years at Nokia Corporation in a number of senior management roles, including Executive Vice President of Smart Devices. Jo currently serves as Non-Executive Director and Remuneration Committee Chair at InterContinental Hotels Group PLC and J Sainsbury plc, and as Senior Independent Director and Remuneration Committee Chair at Halma plc. She is also a Non-Executive Director at Chapter Zero Limited. Jo will be retiring from the Board of InterContinental Hotels Group PLC on 31 December 2023. Jo was also previously a Non-Executive Director of Ceconomy AG from 2017 to 2021. She attended Duke University in North Carolina and has a BSc in Psychology. Sue Whalley is Chief People and Performance Officer at Associated British Foods plc (ABF), having been appointed to the role in 2019. Prior to joining ABF, Sue spent 12 years at Royal Mail Group, where she held a number of executive roles including Chief Executive Officer of the Post & Parcels division and Chief Operations Officer. Prior to that, Sue was a Partner at McKinsey & Company where she spent nearly 18 years in management consultancy. Sue is a graduate of University of Cambridge and holds an MBA from Harvard Business School.
Board Change • Oct 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Non-Executive Director Philippe Boisseau was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Sep 28Upcoming dividend of UK£0.013 per share at 2.1% yieldEligible shareholders must have bought the stock before 05 October 2023. Payment date: 16 November 2023. Payout ratio is a comfortable 4.5% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of British dividend payers (6.3%). Lower than average of industry peers (5.8%).
お知らせ • Aug 12Centrica plc Announces Appointment of Philippe Boisseau as Non-Executive Director, Member of Safety, Environment and Sustainability Committee, Audit and Risk Committee and Nominations Committee, Effective 1 September 2023Centrica plc announced the appointment of Philippe Boisseau as a Non-Executive Director of the Company with effect from 1 September 2023, whereupon he will also become a member of the Company's Safety, Environment and Sustainability Committee, Audit and Risk Committee and Nominations Committee.
