Sterling Infrastructure - STRL Stock Forecast, Price & News

0 analysts have issued 12-month target prices for Sterling Infrastructure's stock. Their STRL share price forecasts range from $34.00 to $34.00. On average, they anticipate the company's share price to reach $34.00 in the next twelve months. This suggests that the stock has a possible downside of 9.0%.
View analysts price targets for STRL or view top-rated stocks among Wall Street analysts.

Sterling Infrastructure's stock was trading at $32.80 at the beginning of the year. Since then, STRL stock has increased by 13.9% and is now trading at $37.37.
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The company is scheduled to release its next quarterly earnings announcement on Monday, February 27th 2023.
View our STRL earnings forecast.

Sterling Infrastructure, Inc. (NASDAQ:STRL) released its quarterly earnings results on Monday, November, 1st. The construction company reported $0.72 earnings per share for the quarter, topping analysts' consensus estimates of $0.58 by $0.14. The construction company had revenue of $463.45 million for the quarter, compared to analysts' expectations of $407 million. Sterling Infrastructure had a net margin of 4.56% and a trailing twelve-month return on equity of 21.61%. During the same period last year, the company earned $0.55 earnings per share.

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.

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).

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

Sterling Infrastructure's stock is owned by a variety of retail and institutional investors. Top institutional investors include Phocas Financial Corp. (1.50%), Essex Investment Management Co. LLC (1.02%), Allspring Global Investments Holdings LLC (0.99%), Foundry Partners LLC (0.58%), Assenagon Asset Management S.A. (0.49%) and Rice Hall James & Associates LLC (0.46%). Insiders that own company stock include Joseph A Cutillo, Julie Dill, Mark D Wolf, Raymond F Messer and Roger A Cregg.
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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.
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One share of STRL stock can currently be purchased for approximately $37.37.

Sterling Infrastructure (NASDAQ:STRL) has a market capitalization of $1.13 billion and generates $1.58 billion in revenue each year. The construction company earns $62.65 million in net income (profit) each year or $2.84 on an earnings per share basis.

The company employs 2,900 workers across the globe.

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.