Cardinal Infrastructure Group Inc. (CDNL)
| Market Cap | 1.24B |
| Revenue (ttm) | 541.75M +69.3% |
| Net Income | -1.19M +1.7% |
| EPS | -0.08 |
| Shares Out | 15.29M |
| PE Ratio | n/a |
| Forward PE | 41.74 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 608,662 |
| Open | 76.10 |
| Previous Close | 74.89 |
| Day's Range | 73.55 - 81.94 |
| 52-Week Range | 21.98 - 81.94 |
| Beta | n/a |
| Analysts | Strong Buy |
| Price Target | 63.00 (-22.6%) |
| Earnings Date | May 12, 2026 |
About CDNL
Cardinal Infrastructure Group Inc., a civil contracting company, provides site development and infrastructure services to the residential, commercial, industrial, municipal, and state infrastructure markets in the southeastern United States. It offers wet utility installations, such as water, sewer, and stormwater systems, as well as grading, site clearing, erosion control, drilling and blasting, paving, and other related site services. The company was formerly known as Civil Infrastructure Group Inc. and changed its name to Cardinal Infrastruc... [Read more]
Financial Performance
In 2025, CDNL's revenue was $456.05 million, an increase of 44.69% compared to the previous year's $315.19 million. Earnings were $863,593, a decrease of -95.96%.
Financial StatementsAnalyst Summary
According to 3 analysts, the average rating for CDNL stock is "Strong Buy." The 12-month stock price target is $63.0, which is a decrease of -22.60% from the latest price.
News
Cardinal Infrastructure price target raised to $80 from $60 at Oppenheimer
Oppenheimer analyst Brent Thielman raised the firm’s price target on Cardinal Infrastructure (CDNL) to $80 from $60 and keeps an Outperform rating on the shares. The firm is refreshing its…
Cardinal Infrastructure Group Transcript: AGM 2026
Six directors were elected and the appointment of the independent auditor was ratified, with over 95% of voting power represented. No shareholder proposals or questions were raised, and all agenda items were approved.
Cardinal Infrastructure Group Transcript: 46th Annual William Blair Growth Stock Conference
A vertically integrated infrastructure platform is expanding rapidly in the Southeast through disciplined M&A and organic growth, achieving strong revenue and EBITDA growth. The company leverages cultural fit in acquisitions, offers unique career opportunities, and is capitalizing on robust market trends, including data center demand.
Cardinal Infrastructure acquires Piedmont Pipe Construction, terms not disclosed
Cardinal Infrastructure (CDNL) Group announced the acquisition of Piedmont Pipe Construction. Founded in 1999, Piedmont is a wet utilities provider across North and South Carolina. Headquartered near ...
Cardinal Infrastructure Group Announces Acquisition of Piedmont Pipe Construction
RALEIGH, N.C., June 2, 2026 /PRNewswire/ -- Cardinal Infrastructure Group, Inc., (Nasdaq: CDNL) ("Cardinal" or "the Company") announced the acquisition of Piedmont Pipe Construction, Inc., ("Piedmont"...
Cardinal Infrastructure initiated with an Outperform at Oppenheimer
Oppenheimer initiated coverage of Cardinal Infrastructure (CDNL) with an Outperform rating and $60 price target The company has an “attractive growth runway” as it leverages existing customer relation...
Cardinal Infrastructure Group Strengthens Operational Leadership Across its Footprint
RALEIGH, N.C., May 21, 2026 /PRNewswire/ -- Cardinal Infrastructure Group, Inc., (Nasdaq: CDNL) announced today the promotion of Marisa Hodes to Vice President of the Carolinas and the formal appointm...
Cardinal Infrastructure Group to Participate in Upcoming Investor Conferences
RALEIGH, N.C., May 19, 2026 /PRNewswire/ -- Cardinal Infrastructure Group, Inc., (Nasdaq: CDNL), announced today that management will participate in the Stifel Cross Sector Conference and William Blai...
Cardinal Infrastructure price target raised to $63 from $41 at Stifel
Stifel analyst Brian Brophy raised the firm’s price target on Cardinal Infrastructure (CDNL) to $63 from $41 and keeps a Buy rating on the shares.
Cardinal Infrastructure Group Earnings Call Transcript: Q1 2026
Record Q1 results with revenue up 105% year-over-year and backlog at an all-time high. Raised 2026 revenue guidance, maintained strong margin outlook, and highlighted successful ALGC integration and robust organic growth across core markets.
Cardinal Infrastructure Group Earnings release: Q1 2026
Cardinal Infrastructure Group released its Q1 2026 earnings on May 12, 2026, summarizing the period's financial results.
Cardinal Infrastructure Group Slides: Q1 2026
Cardinal Infrastructure Group has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 12, 2026.
Cardinal Infrastructure Group Quarterly report: Q1 2026
Cardinal Infrastructure Group has published its Q1 2026 quarterly earnings report on May 12, 2026.
Cardinal Infrastructure Group Inc. Announces First Quarter 2026 Results and Raises 2026 Outlook
RALEIGH, N.C., May 12, 2026 /PRNewswire/ -- Cardinal Infrastructure Group Inc. (NASDAQ: CDNL) ("Cardinal" or the "Company"), today announced first quarter 2026 financial results and raised guidance fo...
Cardinal Infrastructure Group Schedules First Quarter 2026 Earnings Conference Call
RALEIGH, N.C., April 28, 2026 /PRNewswire/ -- Cardinal Infrastructure Group Inc. (Nasdaq: CDNL) ("Cardinal" or "the Company") today announced that it will issue financial results for the first quarter...
Cardinal Infrastructure Group Proxy statement: Proxy filing
Cardinal Infrastructure Group filed a proxy statement on April 24, 2026, providing details for shareholder voting and corporate governance matters.
Cardinal Infrastructure Group Proxy statement: Proxy filing
Cardinal Infrastructure Group filed a proxy statement on April 24, 2026, providing details for shareholder voting and corporate governance matters.
Cardinal Infrastructure awarded $24M contract
Cardinal Infrastructure (CDNL) Group announced it has been awarded a $24M contract to deliver full-site civil infrastructure services for the first phase of a large, multi-phase data center project. W...
Cardinal Infrastructure Group Awarded Contract for Large-Scale Data Center Campus Development
RALEIGH, N.C., April 9, 2026 /PRNewswire/ -- Cardinal Infrastructure Group, Inc. (NASDAQ: CDNL) ("Cardinal" or the "Company"), today announced it has been awarded a $24 million contract to deliver ful...
Cardinal Infrastructure price target raised to $41 from $38 at Stifel
Stifel raised the firm’s price target on Cardinal Infrastructure (CDNL) to $41 from $38 and keeps a Buy rating on the shares. After having recently hosted CEO Jeremy Spivey and…
Cardinal Infrastructure Group Announces Appointment of Erik West as President of the Carolinas
RALEIGH, N.C., March 20, 2026 /PRNewswire/ -- Cardinal Infrastructure Group Inc. (NASDAQ: CDNL) ("Cardinal" or the "Company"), today announced the appointment of Erik West as President of the Carolina...
Cardinal Infrastructure to be added to Russell 2000, 3000 Indexes
Cardinal Infrastructure (CDNL) Group will be added to the Russell 2000 and Russell 3000 Indexes, as part of FTSE Russell’s first quarter Initial Public Offering addition, effective March 23, 2026.
Cardinal Infrastructure Group to be Added to the Russell 2000® and 3000® Indexes
RALEIGH, N.C., March 20, 2026 /PRNewswire/ -- Cardinal Infrastructure Group, Inc. (NASDAQ: CDNL) ("Cardinal" or the "Company") today announced that it will be added to the Russell 2000® and Russell 30...
Cardinal Infrastructure price target raised to $38 from $31 at Stifel
Stifel raised the firm’s price target on Cardinal Infrastructure (CDNL) to $38 from $31 and keeps a Buy rating on the shares. Q4 backlog increased 33% year-over-year and implied new…
Cardinal Infrastructure Group Earnings Call Transcript: Q4 2025
Delivered 45% revenue growth in 2025, driven by organic expansion and acquisitions, with record backlog and strong Southeast market demand. 2026 guidance projects revenue up to $678.3 million and adjusted EBITDA margins above 20%, supported by vertical integration and recent M&A.