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S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Stock market today: World shares mostly lower as Congress averts a US government shutdown
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Bank of Japan survey shows manufacturers optimistic about economy
Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
New iPhones Hot In A Bad Way, But Apple Stock Chart is Bullish
Ride the Waves of Wealth With This Oil Tanker 17% Yield
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
Federal student loan payments are starting again. Here's what you need to know
Facing increasing pressure from customers, some miners are switching to renewable energy
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Stock market today: World shares mostly lower as Congress averts a US government shutdown
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Bank of Japan survey shows manufacturers optimistic about economy
Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
New iPhones Hot In A Bad Way, But Apple Stock Chart is Bullish
Ride the Waves of Wealth With This Oil Tanker 17% Yield
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
Federal student loan payments are starting again. Here's what you need to know
Facing increasing pressure from customers, some miners are switching to renewable energy
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Stock market today: World shares mostly lower as Congress averts a US government shutdown
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Bank of Japan survey shows manufacturers optimistic about economy
Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
New iPhones Hot In A Bad Way, But Apple Stock Chart is Bullish
Ride the Waves of Wealth With This Oil Tanker 17% Yield
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
Federal student loan payments are starting again. Here's what you need to know
Facing increasing pressure from customers, some miners are switching to renewable energy

Sterling Infrastructure (STRL) Stock Forecast, Price & News

$73.48
-0.23 (-0.31%)
(As of 09/29/2023 08:53 PM ET)
Compare
Today's Range
$73.18
$74.90
50-Day Range
$57.26
$83.13
52-Week Range
$20.98
$84.00
Volume
243,300 shs
Average Volume
317,958 shs
Market Capitalization
$2.26 billion
P/E Ratio
18.79
Dividend Yield
N/A
Price Target
$65.00

Sterling Infrastructure MarketRank™ Forecast

Analyst Rating
0.00 Rating Score
Upside/​Downside
11.5% Downside
$65.00 Price Target
Short Interest
Healthy
1.29% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
14.43%
From $4.09 to $4.68 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.58 out of 5 stars

Construction Sector

94th out of 102 stocks

Heavy Construction, Except Building Construction - Contractors Industry

7th out of 9 stocks


STRL stock logo

About Sterling Infrastructure (NASDAQ:STRL) Stock

Sterling Infrastructure, Inc. engages in the e-infrastructure, transportation, and building solutions primarily in the Southern United States, the Northeastern and Mid-Atlantic United States, the Rocky Mountain states, California, and Hawaii. It undertakes infrastructure and rehabilitation projects for highways, roads, bridges, airports, ports, light rail, water, wastewater, and storm drainage systems for the departments of transportation in various states, regional transit authorities, airport authorities, port authorities, water authorities and railroads. The company also offers specialty site infrastructure improvement contracting services for blue-chip end users in the e-commerce, data center, distribution center and warehousing, energy sectors, and others. In addition, it undertakes residential and commercial concrete foundations for single-family and multi-family homes, parking structures, elevated slabs, and other concrete work for national home builders, regional and custom home builders, and developers and general contractors in commercial markets. 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 Price History

STRL Stock News Headlines

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Sterling Reports Second Quarter 2023 Record Results
Sterling Infrastructure's Earnings: A Preview
Gold Could Be Heading for Record Highs - But How to Play It?
According to FX Empire, the gold forecast is now bullish, with support for a $3,000 target in 2024. The big question is how to play it. Some investors are discovering a unique gold investment alternative that sidesteps the major issues with gold mining stocks or physical gold.
Sterling Infrastructure (NASDAQ: STRL)
See More Headlines
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STRL Company Calendar

Last Earnings
8/07/2023
Today
10/02/2023
Next Earnings (Estimated)
10/30/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Heavy construction, except building construction - contractors
Sub-Industry
Construction & Engineering
Current Symbol
NASDAQ:STRL
CUSIP
85924110
Employees
3,200
Year Founded
1955

Price Target and Rating

Average Stock Price Forecast
$65.00
High Stock Price Forecast
$65.00
Low Stock Price Forecast
$65.00
Forecasted Upside/Downside
-11.5%
Consensus Rating
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

Net Income
$106.46 million
Pretax Margin
8.17%

Debt

Sales & Book Value

Annual Sales
$1.77 billion
Cash Flow
$4.97 per share
Book Value
$15.75 per share

Miscellaneous

Free Float
29,524,000
Market Cap
$2.26 billion
Optionable
Optionable
Beta
1.33

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Key Executives

  • Mr. Joseph A. CutilloMr. Joseph A. Cutillo (Age 57)
    CEO, Pres & Director
    Comp: $2.69M
  • Mr. Ronald A. Ballschmiede (Age 67)
    Exec. VP, CFO, Chief Accounting Officer & Treasurer
    Comp: $1.4M
  • Mr. Mark D. Wolf (Age 62)
    Gen. Counsel, Corp. Sec. & Chief Compliance Officer
    Comp: $725.02k
  • Mr. Kevan M. Blair
    Sr. VP of Corp. Fin.
  • Ms. Noelle Christine Dilts C.F.A.
    VP of Investor Relations & Corp. Strategy
  • Mr. Con L. Wadsworth (Age 62)
    Pres of Heavy Civil Segment
  • Ms. Jennifer Maxwell
    Director of Investor Relations













STRL Stock - Frequently Asked Questions

What is Sterling Infrastructure's stock price forecast for 2023?

0 equities research analysts have issued 1-year price objectives for Sterling Infrastructure's shares. Their STRL share price forecasts range from $65.00 to $65.00. On average, they expect the company's stock price to reach $65.00 in the next year. This suggests that the stock has a possible downside of 11.5%.
View analysts price targets for STRL
or view top-rated stocks among Wall Street analysts.

How have STRL shares performed in 2023?

Sterling Infrastructure's stock was trading at $32.80 on January 1st, 2023. Since then, STRL shares have increased by 124.0% and is now trading at $73.48.
View the best growth stocks for 2023 here
.

When is Sterling Infrastructure's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, October 30th 2023.
View our STRL earnings forecast
.

How were Sterling Infrastructure's earnings last quarter?

Sterling Infrastructure, Inc. (NASDAQ:STRL) announced its quarterly earnings data on Monday, August, 7th. The construction company reported $1.27 EPS for the quarter, topping analysts' consensus estimates of $0.93 by $0.34. The construction company earned $522.33 million during the quarter, compared to the consensus estimate of $491.50 million. Sterling Infrastructure had a net margin of 6.23% and a trailing twelve-month return on equity of 22.25%.

What guidance has Sterling Infrastructure issued on next quarter's earnings?

Sterling Infrastructure updated its FY 2023 earnings guidance on Wednesday, August, 9th. The company provided EPS guidance of $4.00-$4.20 for the period, compared to the consensus earnings per share estimate of $3.52. The company issued revenue guidance of $1.95 billion-$2.05 billion, compared to the consensus revenue estimate of $1.95 billion.

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.

What other stocks do shareholders of Sterling Infrastructure own?

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

What is Sterling Infrastructure's stock symbol?

Sterling Infrastructure trades on the NASDAQ under the ticker symbol "STRL."

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Sterling Infrastructure's stock price today?

One share of STRL stock can currently be purchased for approximately $73.48.

How much money does Sterling Infrastructure make?

Sterling Infrastructure (NASDAQ:STRL) has a market capitalization of $2.26 billion and generates $1.77 billion in revenue each year. The construction company earns $106.46 million in net income (profit) each year or $3.91 on an earnings per share basis.

How many employees does Sterling Infrastructure have?

The company employs 3,200 workers across the globe.

Does Sterling Infrastructure have any subsidiaries?
The following companies are subsidiares of Sterling Infrastructure: DeWitt Excavation LLC, J. Banicki Construction Inc., LK Gregory Construction Inc., Myers & Sons Construction L.P., Myers & Sons Construction LLC, Plateau Excavation Inc., RHB Properties LLC, Ralph L. Wadsworth Construction Co. LP, Ralph L. Wadsworth Construction Company LLC, Road and Highway Builders Inc., Road and Highway Builders LLC, Road and Highway Builders of California Inc., Sterling Hawaii Asphalt LLC, Tealstone Commercial Inc., Tealstone Residential Concrete Inc., Texas Sterling Construction Co., and Texas Sterling – Banicki JV LLC.
Read More
How can I contact Sterling Infrastructure?

Sterling Infrastructure's mailing address is 1800 HUGHES LANDING BOULEVARD, THE WOODLANDS TX, 77380. The official website for the company is www.strlco.com. The construction company can be reached via phone at (281) 214-0777, via email at mary.morley@strlco.com, or via fax at 302-655-5049.

This page (NASDAQ:STRL) was last updated on 10/2/2023 by MarketBeat.com Staff

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