Sterling Infrastructure, Inc. (STRL)

NASDAQ: STRL · IEX Real-Time Price · USD
128.86
-1.15 (-0.88%)
At close: May 17, 2024, 4:00 PM
129.55
+0.69 (0.54%)
After-hours: May 17, 2024, 7:56 PM EDT
-0.88%
Market Cap 3.96B
Revenue (ttm) 2.01B
Net Income (ttm) 150.05M
Shares Out 30.86M
EPS (ttm) 4.80
PE Ratio 26.85
Forward PE 24.45
Dividend n/a
Ex-Dividend Date n/a
Volume 270,151
Open 130.71
Previous Close 130.01
Day's Range 127.40 - 131.49
52-Week Range 43.15 - 137.63
Beta 1.21
Analysts Hold
Price Target 115.00 (-10.76%)
Earnings Date May 6, 2024

About 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 infras... [Read more]

Sector Industrials
Founded 1955
Employees 3,000
Stock Exchange NASDAQ
Ticker Symbol STRL
Full Company Profile

Financial Performance

In 2023, STRL's revenue was $1.97 billion, an increase of 11.46% compared to the previous year's $1.77 billion. Earnings were $138.66 million, an increase of 30.24%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for STRL stock is "Hold" and the 12-month stock price forecast is $115.0.

Price Target
$115.0
(-10.76% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Sterling Announces Planned 2024 Executive Transitions - Sharon Villaverde Appointed Chief Financial Officer and Chief Accounting Officer

THE WOODLANDS, Texas , May 15, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company")  today announced the promotion of Sharon Villaverde to the roles of Chi...

3 days ago - PRNewsWire

Sterling Reports Record First Quarter 2024 Results

THE WOODLANDS, Texas , May 6, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or the "Company") today announced financial results for the first quarter 2024. The financ...

12 days ago - PRNewsWire

Sterling Schedules 2024 First Quarter Release and Conference Call

THE WOODLANDS, Texas , April 25, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced that it plans to issue its financial results for the ...

23 days ago - PRNewsWire

Plateau Excavation Moving Corporate Office to Cobb County

Moving corporate office from Austell, of over 40 years at this location, to Kennesaw Moving corporate office from Austell, of over 40 years at this location, to Kennesaw

6 weeks ago - GlobeNewsWire

Sterling Publishes Its 2024 Sustainability Report

THE WOODLANDS, Texas , March 19, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company")  has published its 2024 Sustainability Report titled, For Better and ...

2 months ago - PRNewsWire

Sterling Announces Data Center Project Award Valued at Approximately $100 Million

THE WOODLANDS, Texas, March 18, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company")  today announced that Plateau Excavation, a Sterling subsidiary, has b...

2 months ago - PRNewsWire

Sterling Announces Sharon Villaverde as Vice President of Finance

THE WOODLANDS, Texas , March 4, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced the appointment of Sharon Villaverde to the role of Vi...

2 months ago - PRNewsWire

Sterling Reports Record Fourth Quarter and Full Year 2023 Results

Provides 2024 Full Year Guidance THE WOODLANDS, Texas , Feb. 26, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or the "Company") today announced financial results for...

2 months ago - PRNewsWire

Sterling Announces a $155 Million Aviation Award

THE WOODLANDS, Texas , Feb. 26, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced that its Road and Highway Builders, LLC (RHB) subsidia...

2 months ago - PRNewsWire

Sterling Announces $78 Million in Major Nevada Highway Project Awards

THE WOODLANDS, Texas , Feb. 26, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced that its Road and Highway Builders, LLC (RHB) subsidia...

2 months ago - PRNewsWire

Sterling Announces Election of William Bosway to its Board of Directors

THE WOODLANDS, Texas , Feb. 22, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced the election of William T. Bosway to its Board of Dire...

3 months ago - PRNewsWire

Sterling Schedules 2023 Fourth Quarter and Full Year Release and Conference Call

THE WOODLANDS, Texas , Feb. 15, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced that it plans to issue its financial results for the f...

3 months ago - PRNewsWire

Sterling Announces Planned Retirement of Chief Financial Officer Ronald Ballschmiede

THE WOODLANDS, Texas , Feb. 12, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced that Ronald Ballschmiede, Sterling's Chief Financial O...

3 months ago - PRNewsWire

Sterling Announces Extension of Credit Facility

THE WOODLANDS, Texas , Dec. 28, 2023 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced that it requested and received an amendment to its 201...

5 months ago - PRNewsWire

Sterling Announces Authorization of a $200 Million Stock Repurchase Program

THE WOODLANDS, Texas , Dec. 5, 2023 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced that its Board of Directors has authorized a program to...

5 months ago - PRNewsWire

Sterling Acquires Texas-Based Professional Plumbers Group

THE WOODLANDS, Texas , Nov. 16, 2023 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced that it has acquired Professional Plumbers Group, Inco...

6 months ago - PRNewsWire

Sterling to Participate in Upcoming Investor Conferences

THE WOODLANDS, Texas , Nov. 9, 2023 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL), ("Sterling" or the "Company") today announced that management is participating in the following inve...

6 months ago - PRNewsWire

Sterling Reports Third Quarter 2023 Results and Increases 2023 Full Year Guidance

THE WOODLANDS, Texas , Nov. 6, 2023 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or the "Company") today announced financial results for the third quarter 2023. The finan...

6 months ago - PRNewsWire

Sterling Announces Awards of Over $470 Million in Transportation Solutions for the Third Quarter 2023

THE WOODLANDS, Texas , Oct. 31, 2023 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced third quarter 2023 Transportation Solutions awards tot...

7 months ago - PRNewsWire

Sterling Announces Awards of $260 Million in E-Infrastructure Solutions for the Third Quarter 2023

THE WOODLANDS, Texas , Oct. 31, 2023 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced awards in its E-Infrastructure Solutions segment total...

7 months ago - PRNewsWire

Sterling Schedules 2023 Third Quarter Release and Conference Call

THE WOODLANDS, Texas , Oct. 26, 2023 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced that it plans to issue its financial results for the t...

7 months ago - PRNewsWire

4 Infrastructure Stocks That Will Thrive Even if There's a Recession in 2024

Sterling Infrastructure and other obvious beneficiaries of massive governmental spending have already seen their stocks surge in anticipation. Here are some others.

Other symbols: FLRMYRGPWR
8 months ago - Barrons

Sterling Reports Second Quarter 2023 Record Results

THE WOODLANDS, Texas--(BUSINESS WIRE)--Sterling Infrastructure, Inc. (NasdaqGS: STRL) (“Sterling” or the “Company”) today announced financial results for the second quarter 2023. The financial informa...

10 months ago - Business Wire

Sterling Announces Record Bookings of $424 Million in E-Infrastructure Solutions for the Second Quarter 2023

THE WOODLANDS, Texas--(BUSINESS WIRE)--Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced record bookings in its E-Infrastructure Solutions segment totaling $...

10 months ago - Business Wire

Sterling Schedules 2023 Second Quarter Release and Conference Call

THE WOODLANDS, Texas--(BUSINESS WIRE)--Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced that it plans to issue its financial results for the second quarter ...

10 months ago - Business Wire