S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Semiconductor Giants: Navigating the Recent Pullback
2 Stocks to Buy on The Dip: One a Value, the Other High-Yielding
Breakout Alert: Coinbase's Consolidation Is About To End
3 Key Stocks Helping to Drive the EV Race
Closing prices for crude oil, gold and other commodities
You Can Follow BlackRock’s Market View for Your Money
JPMorgan Chase Falls 5% as Consumer Cracking Begins to Show
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Semiconductor Giants: Navigating the Recent Pullback
2 Stocks to Buy on The Dip: One a Value, the Other High-Yielding
Breakout Alert: Coinbase's Consolidation Is About To End
3 Key Stocks Helping to Drive the EV Race
Closing prices for crude oil, gold and other commodities
You Can Follow BlackRock’s Market View for Your Money
JPMorgan Chase Falls 5% as Consumer Cracking Begins to Show
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Semiconductor Giants: Navigating the Recent Pullback
2 Stocks to Buy on The Dip: One a Value, the Other High-Yielding
Breakout Alert: Coinbase's Consolidation Is About To End
3 Key Stocks Helping to Drive the EV Race
Closing prices for crude oil, gold and other commodities
You Can Follow BlackRock’s Market View for Your Money
JPMorgan Chase Falls 5% as Consumer Cracking Begins to Show
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Semiconductor Giants: Navigating the Recent Pullback
2 Stocks to Buy on The Dip: One a Value, the Other High-Yielding
Breakout Alert: Coinbase's Consolidation Is About To End
3 Key Stocks Helping to Drive the EV Race
Closing prices for crude oil, gold and other commodities
You Can Follow BlackRock’s Market View for Your Money
JPMorgan Chase Falls 5% as Consumer Cracking Begins to Show
NASDAQ:STRL

Sterling Infrastructure (STRL) Stock Price, News & Analysis

$104.89
-0.64 (-0.61%)
(As of 04/12/2024 ET)
Today's Range
$103.54
$105.94
50-Day Range
$76.12
$113.43
52-Week Range
$35.19
$116.36
Volume
135,007 shs
Average Volume
372,088 shs
Market Capitalization
$3.24 billion
P/E Ratio
23.57
Dividend Yield
N/A
Price Target
$115.00

Sterling Infrastructure MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
9.6% Upside
$115.00 Price Target
Short Interest
Healthy
3.65% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.21mentions of Sterling Infrastructure in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$22.02 M 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.

2.29 out of 5 stars

Construction Sector

76th out of 99 stocks

Heavy Construction, Except Building Construction - Contractors Industry

5th out of 10 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

1970’s computer coder issues shocking A.I. warning
Louis Navellier is stepping forward with an urgent warning about artificial intelligence. He says that right now, there's a radical new A.I. innovation happening behind the scenes...And it's going to blindside millions of Americans.
1970’s computer coder issues shocking A.I. warning
Louis Navellier is stepping forward with an urgent warning about artificial intelligence. He says that right now, there's a radical new A.I. innovation happening behind the scenes...And it's going to blindside millions of Americans.
3 Stocks That Are Causing a Stampede Among Investors
Sterling Publishes Its 2024 Sustainability Report
The Top 3 Nasdaq Stocks to Buy in March 2024
See More Headlines
Receive STRL Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Sterling Infrastructure and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
2/26/2024
Today
4/12/2024
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
3,000
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
+9.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$138.65 million
Pretax Margin
9.66%

Debt

Sales & Book Value

Annual Sales
$1.97 billion
Cash Flow
$6.48 per share
Book Value
$20.17 per share

Miscellaneous

Free Float
29,782,000
Market Cap
$3.24 billion
Optionable
Optionable
Beta
1.19

Social Links

7 Energy Stocks to Buy and Hold Forever Cover

Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.

Get This Free Report

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

Should I buy or sell Sterling Infrastructure stock right now?

1 Wall Street 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 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 brokers have issued 1-year price objectives for Sterling Infrastructure's stock. 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 9.6% 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 at the beginning of the year. Since then, STRL stock has increased by 19.3% and is now trading at $104.89.
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) announced its quarterly earnings results on Monday, February, 26th. The construction company reported $1.30 EPS for the quarter, topping analysts' consensus estimates of $1.00 by $0.30. The construction company had revenue of $485.98 million for the quarter, compared to analyst estimates of $526.90 million. Sterling Infrastructure had a net margin of 7.03% and a trailing twelve-month return on equity of 24.75%.

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

Sterling Infrastructure updated its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided EPS guidance of 4.850-5.150 for the period, compared to the consensus earnings per share 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 variety of retail and institutional investors. Top institutional shareholders include Congress Asset Management Co. MA (1.80%), Bridge City Capital LLC (0.16%), Los Angeles Capital Management LLC (0.04%), Perpetual Ltd (0.01%) and Douglas Lane & Associates LLC (0.01%). 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 4/13/2024 by MarketBeat.com Staff

From Our Partners