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NASDAQ:STRL

Sterling Infrastructure (STRL) Stock Price, News & Analysis

$109.12
-0.15 (-0.14%)
(As of 09/6/2024 ET)
Today's Range
$108.09
$111.75
50-Day Range
$102.56
$129.46
52-Week Range
$55.45
$137.63
Volume
326,463 shs
Average Volume
356,668 shs
Market Capitalization
$3.37 billion
P/E Ratio
22.69
Dividend Yield
N/A
Price Target
$115.00

Sterling Infrastructure MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
5.4% Upside
$115.00 Price Target
Short Interest
Healthy
4.47% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.99mentions of Sterling Infrastructure in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.36%
From $5.66 to $6.02 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.89 out of 5 stars

Construction Sector

85th out of 99 stocks

Heavy Construction, Except Building Construction - Contractors Industry

8th out of 11 stocks

STRL stock logo

About Sterling Infrastructure Stock (NASDAQ:STRL)

Sterling Infrastructure, Inc. engages in the provision of e-infrastructure, transportation, and building solutions primarily in the United States. It operates through three segments: E-Infrastructure Solutions, Transportation Solutions, and Building Solutions. The E-Infrastructure Solutions segment provides site development services for the blue-chip end users in the e-commerce distribution center, data center, manufacturing, warehousing, and power generation sectors. The Transportation Solutions segment is involved in the development of infrastructure and rehabilitation projects for highways, roads, bridges, airports, ports, rail, and storm drainage systems for the departments of transportation in various states, regional transit authorities, airport authorities, port authorities, water authorities, and railroads. The Building Solutions segment provides residential and commercial concrete foundations for single-family and multi-family homes, parking structures, elevated slabs, other concrete work for developers and general contractors, as well as provides plumbing services for residential builds. The company was formerly known as Sterling Construction Company, Inc. and changed its name to Sterling Infrastructure, Inc. in June 2022. Sterling Infrastructure, Inc. was founded in 1955 and is headquartered in The Woodlands, Texas.

STRL Stock Price History

STRL Stock News Headlines

Tim Sykes’ Urgent Trade Alert: “Make this move now”
WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…
6 Beaten Down Stocks Rated Buy (SA Quant)
Sterling Infrastructure: Now A Bargain
Tim Sykes’ Urgent Trade Alert: “Make this move now”
WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…
3 Infrastructure Stocks to Put on Your Buy List Now
Sterling Infrastructure Appoints Dan Govin As COO
Sterling (NASDAQ:STRL) Reports Strong Q2, Stock Soars
3 Overlooked Stocks Poised for a Breakout Very Soon
See More Headlines
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Company Calendar

Last Earnings
8/05/2024
Today
9/07/2024
Next Earnings (Estimated)
11/04/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Heavy construction, except building construction - contractors
Sub-Industry
Construction & Engineering
Current Symbol
NASDAQ:STRL
CUSIP
85924110
Employees
3,000
Year Founded
1955

Price Target and Rating

Average Stock Price Target
$115.00
High Stock Price Target
$115.00
Low Stock Price Target
$115.00
Potential Upside/Downside
+5.4%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$138.65 million
Pretax Margin
10.76%

Debt

Sales & Book Value

Annual Sales
$2.07 billion
Cash Flow
$5.86 per share
Book Value
$22.16 per share

Miscellaneous

Free Float
29,722,000
Market Cap
$3.37 billion
Optionable
Optionable
Beta
1.16

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Key Executives

  • Mr. Joseph A. CutilloMr. Joseph A. Cutillo (Age 58)
    CEO, President & Director
    Comp: $3.05M
  • Mr. Ronald A. Ballschmiede (Age 67)
    Executive VP, CFO, Chief Accounting Officer & Treasurer
    Comp: $1.51M
  • Mr. Mark D. Wolf (Age 62)
    General Counsel, Corporate Secretary & Chief Compliance Officer
    Comp: $826.71k
  • Mr. Kevan M. Blair
    Senior Vice President of Corporate Finance
  • Ms. Noelle Christine Dilts C.F.A.
    Vice President of Investor Relations & Corporate Strategy
  • Mr. Con L. Wadsworth (Age 63)
    President of Heavy Civil Segment
    Comp: $1.12M
  • Ms. Jennifer Maxwell
    Director of Investor Relations

STRL Stock Analysis - Frequently Asked Questions

How have STRL shares performed this year?

Sterling Infrastructure's stock was trading at $87.93 at the beginning of 2024. Since then, STRL stock has increased by 24.1% and is now trading at $109.12.
View the best growth stocks for 2024 here
.

How were Sterling Infrastructure's earnings last quarter?

Sterling Infrastructure, Inc. (NASDAQ:STRL) released its quarterly earnings results on Monday, August, 5th. The construction company reported $1.67 earnings per share for the quarter, topping analysts' consensus estimates of $1.43 by $0.24. The construction company earned $582.82 million during the quarter, compared to analyst estimates of $553.70 million. Sterling Infrastructure had a trailing twelve-month return on equity of 25.64% and a net margin of 7.85%.

What is Peter E. MacKenna's approval rating as Sterling Infrastructure's CEO?

5 employees have rated Sterling Infrastructure Chief Executive Officer Peter E. MacKenna on Glassdoor.com. Peter E. MacKenna has an approval rating of 72% among the company's employees.

Does Sterling Infrastructure have any subsidiaries?

Sterling Infrastructure subsidiaries include these companies: DeWitt Excavation LLC, J. Banicki Construction Inc., LK Gregory Construction Inc., Myers & Sons Construction LLC, Myers & Sons Construction L.P., Plateau Excavation Inc., Ralph L. Wadsworth Construction Co. LP, and others.

Who are Sterling Infrastructure's major shareholders?

Top institutional investors of Sterling Infrastructure include Dimensional Fund Advisors LP (3.97%), Renaissance Technologies LLC (3.15%), Driehaus Capital Management LLC (1.73%) and Allspring Global Investments Holdings LLC (1.67%). Insiders that own company stock include Joseph A Cutillo, Ronald A Ballschmiede, Mark D Wolf and Julie Dill.
View institutional ownership trends
.

How do I buy shares of Sterling Infrastructure?

Shares of STRL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Sterling Infrastructure own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Sterling Infrastructure investors own include Freeport-McMoRan (FCX), Advanced Micro Devices (AMD), Micron Technology (MU), Alibaba Group (BABA), AbbVie (ABBV), Applied Materials (AMAT) and Ford Motor (F).

This page (NASDAQ:STRL) was last updated on 9/7/2024 by MarketBeat.com Staff

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