Sterling Infrastructure (NASDAQ:STRL) Issues FY 2026 Earnings Guidance

Key Points

• Company guidance well above Street expectations: Sterling issued FY2026 guidance of EPS $18.40–$19.05 (consensus $13.46) and revenue guidance of $3.7B–$3.8B (consensus $3.1B).
• Shares fell despite upbeat outlook: the stock dipped $3.18 intraday to $529.49 on above-average volume; it trades at a P/E of about 56.5 and a market cap near $16.24B.
• Significant insider selling: CEO Joseph Cutillo sold 50,000 shares (~$24.9M) under a 10b5‑1 plan and insiders sold 104,000 shares (~$49.16M) over the quarter, leaving insiders with roughly 1.6% ownership.

Sterling Infrastructure (NASDAQ:STRL - Get Free Report) issued an update on its FY 2026 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 18.400-19.050 for the period, compared to the consensus estimate of 13.460. The company issued revenue guidance of $3.7 billion-$3.8 billion, compared to the consensus revenue estimate of $3.1 billion.

Sterling Infrastructure Stock Performance

Shares of NASDAQ STRL traded down $3.18 during midday trading on Monday, reaching $529.49. 715,950 shares of the company traded hands, compared to its average volume of 488,993. Sterling Infrastructure has a 52 week low of $163.89 and a 52 week high of $548.00. The stock has a 50-day moving average price of $436.19 and a 200 day moving average price of $381.32. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.01 and a quick ratio of 1.01. The company has a market cap of $16.24 billion, a price-to-earnings ratio of 56.51, a PEG ratio of 2.74 and a beta of 1.64.

Sterling Infrastructure (NASDAQ:STRL - Get Free Report) last posted its quarterly earnings data on Wednesday, February 25th. The construction company reported $3.08 earnings per share for the quarter, topping the consensus estimate of $2.63 by $0.45. The business had revenue of $755.61 million during the quarter, compared to the consensus estimate of $639.41 million. Sterling Infrastructure had a net margin of 11.65% and a return on equity of 32.82%. Sterling Infrastructure has set its FY 2026 guidance at 13.450-14.050 EPS. Sell-side analysts anticipate that Sterling Infrastructure will post 12.94 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. KeyCorp assumed coverage on shares of Sterling Infrastructure in a report on Thursday, April 23rd. They issued an "overweight" rating and a $572.00 price objective for the company. Zacks Research upgraded Sterling Infrastructure from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, March 4th. Weiss Ratings raised Sterling Infrastructure from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Monday, January 26th. Wall Street Zen cut Sterling Infrastructure from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 28th. Finally, Cantor Fitzgerald boosted their price objective on Sterling Infrastructure from $413.00 to $482.00 and gave the stock an "overweight" rating in a research note on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating and six have given a Buy rating to the company. According to MarketBeat, Sterling Infrastructure has a consensus rating of "Buy" and a consensus price target of $510.00.

Insider Buying and Selling

In other Sterling Infrastructure news, CEO Joseph A. Cutillo sold 50,000 shares of Sterling Infrastructure stock in a transaction that occurred on Thursday, April 23rd. The shares were sold at an average price of $497.57, for a total value of $24,878,500.00. Following the transaction, the chief executive officer owned 290,593 shares in the company, valued at approximately $144,590,359.01. The trade was a 14.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Dana C. O'brien sold 2,000 shares of the company's stock in a transaction on Monday, February 9th. The shares were sold at an average price of $410.00, for a total value of $820,000.00. Following the completion of the transaction, the director directly owned 11,498 shares in the company, valued at $4,714,180. This represents a 14.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 104,000 shares of company stock worth $49,162,500 over the last quarter. Insiders own 1.60% of the company's stock.

Hedge Funds Weigh In On Sterling Infrastructure

A number of hedge funds have recently modified their holdings of STRL. State Street Corp lifted its holdings in shares of Sterling Infrastructure by 62.0% during the second quarter. State Street Corp now owns 1,131,751 shares of the construction company's stock valued at $261,129,000 after purchasing an additional 433,311 shares during the last quarter. Invesco Ltd. increased its stake in Sterling Infrastructure by 29.8% in the 3rd quarter. Invesco Ltd. now owns 955,387 shares of the construction company's stock worth $324,526,000 after purchasing an additional 219,477 shares in the last quarter. First Trust Advisors LP raised its holdings in Sterling Infrastructure by 13.8% during the 4th quarter. First Trust Advisors LP now owns 689,942 shares of the construction company's stock worth $211,281,000 after buying an additional 83,706 shares during the period. Janus Henderson Group PLC raised its holdings in Sterling Infrastructure by 3.7% during the 4th quarter. Janus Henderson Group PLC now owns 575,886 shares of the construction company's stock worth $176,331,000 after buying an additional 20,299 shares during the period. Finally, UBS Group AG lifted its stake in Sterling Infrastructure by 45.4% during the third quarter. UBS Group AG now owns 483,864 shares of the construction company's stock valued at $164,359,000 after buying an additional 151,146 shares in the last quarter. 80.95% of the stock is currently owned by institutional investors and hedge funds.

Sterling Infrastructure Company Profile

Sterling Infrastructure, Inc NASDAQ: STRL is a diversified manufacturer and distributor of essential infrastructure products serving municipal, utility and industrial customers across North America. Through its network of wholly owned subsidiaries, the company designs, engineers and produces a wide range of cast and fabricated solutions tailored to the needs of the waterworks, natural gas, telecommunications, electric, traffic safety and parks & recreation markets.

The company's product portfolio encompasses ductile iron and composite fittings, valve boxes, manhole frames and covers, water and gas meter sets, street light poles and mounting accessories, traffic sign posts with breakaway systems, bollards and related system components.

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