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Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
Critical asset just had biggest fall on record (Ad)
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Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Critical asset just had biggest fall on record (Ad)
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Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
Critical asset just had biggest fall on record (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Critical asset just had biggest fall on record (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
Critical asset just had biggest fall on record (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Critical asset just had biggest fall on record (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
Critical asset just had biggest fall on record (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Critical asset just had biggest fall on record (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
NASDAQ:STRL

Sterling Infrastructure (STRL) Stock Price, News & Analysis

$110.98
+4.34 (+4.07%)
(As of 03/1/2024 ET)
Today's Range
$106.75
$111.89
50-Day Range
$71.78
$110.98
52-Week Range
$34.23
$113.08
Volume
538,382 shs
Average Volume
429,720 shs
Market Capitalization
$3.43 billion
P/E Ratio
24.94
Dividend Yield
N/A
Price Target
$115.00

Sterling Infrastructure MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
3.6% Upside
$115.00 Price Target
Short Interest
Healthy
4.14% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.66mentions of Sterling Infrastructure in the last 14 days
Based on 48 Articles This Week
Insider Trading
Selling Shares
$439,113 Sold Last Quarter
Proj. Earnings Growth
13.25%
From $4.98 to $5.64 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.

1.24 out of 5 stars

Construction Sector

84th out of 96 stocks

Heavy Construction, Except Building Construction - Contractors Industry

8th out of 10 stocks


STRL stock logo

About Sterling Infrastructure Stock (NASDAQ:STRL)

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 Stock Price History

STRL Stock News Headlines

Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Sterling Announces a $155 Million Aviation Award
Sterling Announces a $155 Million Aviation Award
Preview: Sterling Infrastructure's Earnings
See More Headlines
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Company Calendar

Last Earnings
11/01/2021
Today
3/02/2024
Next Earnings (Estimated)
5/06/2024
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
3,200
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
+3.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$106.46 million
Pretax Margin
9.66%

Debt

Sales & Book Value

Annual Sales
$1.97 billion
Cash Flow
$6.71 per share
Book Value
$20.17 per share

Miscellaneous

Free Float
29,782,000
Market Cap
$3.43 billion
Optionable
Optionable
Beta
1.19

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Key Executives

  • Mr. Joseph A. CutilloMr. Joseph A. Cutillo (Age 58)
    CEO, President & Director
    Comp: $2.69M
  • Mr. Mark D. Wolf (Age 63)
    General Counsel, Corporate Secretary & Chief Compliance Officer
    Comp: $725.02k
  • 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

Should I buy or sell Sterling Infrastructure stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sterling Infrastructure in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" STRL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in STRL, but not buy additional shares or sell existing shares.
View STRL analyst ratings
or view top-rated stocks.

What is Sterling Infrastructure's stock price target for 2024?

1 Wall Street research analysts have issued 1-year price targets for Sterling Infrastructure's shares. Their STRL share price targets range from $115.00 to $115.00. On average, they anticipate the company's stock price to reach $115.00 in the next twelve months. This suggests a possible upside of 3.6% from the stock's current price.
View analysts price targets for STRL
or view top-rated stocks among Wall Street analysts.

How have STRL shares performed in 2024?

Sterling Infrastructure's stock was trading at $87.93 on January 1st, 2024. Since then, STRL shares have increased by 26.2% and is now trading at $110.98.
View the best growth stocks for 2024 here
.

When is Sterling Infrastructure's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024.
View our STRL earnings forecast
.

How were Sterling Infrastructure's earnings last quarter?

Sterling Infrastructure, Inc. (NASDAQ:STRL) issued its earnings results on Monday, November, 1st. The construction company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.14. The construction company earned $463.45 million during the quarter, compared to analyst estimates of $407 million. Sterling Infrastructure had a trailing twelve-month return on equity of 24.75% and a net margin of 7.03%. During the same quarter last year, the firm earned $0.55 earnings per share.

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

Sterling Infrastructure issued an update on its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share (EPS) guidance of 4.850-5.150 for the period, compared to the consensus estimate of 4.700. The company issued revenue guidance of $2.1 billion-$2.2 billion, compared to the consensus revenue estimate of $2.2 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).

Who are Sterling Infrastructure's major shareholders?

Sterling Infrastructure's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (6.09%), Dimensional Fund Advisors LP (4.64%), Mirae Asset Global Investments Co. Ltd. (1.50%), Charles Schwab Investment Management Inc. (1.19%), Northern Trust Corp (1.15%) and Royal Bank of Canada (1.15%). Insiders that own company stock include Joseph A Cutillo, Julie Dill, Mark D Wolf and Ronald A Ballschmiede.
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.

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
This page (NASDAQ:STRL) was last updated on 3/3/2024 by MarketBeat.com Staff