Cardinal Infrastructure Group Inc. (CDNL)
| Market Cap | 1.95B |
| Revenue (ttm) | 662.58M +89.7% |
| Net Income | -3.69M -13.3% |
| EPS | -0.18 |
| Shares Out | 47.47M |
| PE Ratio | n/a |
| Forward PE | 19.48 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 322,246 |
| Open | 41.57 |
| Previous Close | 39.23 |
| Day's Range | 40.71 - 42.93 |
| 52-Week Range | 21.98 - 96.40 |
| Beta | n/a |
| Analysts | Strong Buy |
| Price Target | 61.00 (+48.38%) |
| Earnings Date | Aug 11, 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 $61.0, which is an increase of 48.38% from the latest price.
News
Cardinal Infrastructure price target lowered to $52 from $63 at Stifel
Stifel lowered the firm’s price target on Cardinal Infrastructure (CDNL) to $52 from $63 and keeps a Buy rating on the shares. Q2 revenue was above expectations, but adjusted EBITDA…
Cardinal Infrastructure price target lowered to $70 from $80 at Oppenheimer
Oppenheimer analyst Brent Thielman lowered the firm’s price target on Cardinal Infrastructure (CDNL) to $70 from $80 and keeps an Outperform rating on the shares. Exiting Q2, the firm’s revenue…
Cardinal Infrastructure falls -27.5%
Cardinal Infrastructure (CDNL) is down -27.5%, or -$16.52 to $43.48.
Cardinal Infrastructure Group Earnings Call Transcript: Q2 2026
Record revenue and backlog were achieved, with 114% year-over-year revenue growth and strong organic expansion across key markets. Margin pressure from one-time costs and weather is expected to ease in the second half, with raised full-year guidance and continued M&A activity supporting future growth.
Cardinal Infrastructure Group Slides: Q2 2026
Cardinal Infrastructure Group has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 11, 2026.
Cardinal Infrastructure Group Earnings release: Q2 2026
Cardinal Infrastructure Group released its Q2 2026 earnings on August 11, 2026, summarizing the period's financial results.
Cardinal Infrastructure Group Quarterly report: Q2 2026
Cardinal Infrastructure Group has published its Q2 2026 quarterly earnings report on August 11, 2026.
Cardinal Infrastructure falls -22.9%
Cardinal Infrastructure (CDNL) is down -22.9%, or -$13.74 to $46.26.
Cardinal Infrastructure Group Schedules Second Quarter 2026 Earnings Conference Call
RALEIGH, N.C., July 28, 2026 /PRNewswire/ -- Cardinal Infrastructure Group Inc. (Nasdaq: CDNL) ("Cardinal" or "the Company") today announced that it will issue financial results for the second quarter...
Cardinal Infrastructure completes construction of first asphalt plant
Cardinal Infrastructure (CDNL) Group announced the completion of construction on its first asphalt processing plant near Raleigh, a milestone in the Company’s strategy to own all aspects of civil infr...
Cardinal Infrastructure Group Announces Completion of First Asphalt Plant
RALEIGH, N.C., June 30, 2026 /PRNewswire/ -- Cardinal Infrastructure Group, Inc. (Nasdaq: CDNL) ("Cardinal" or "the Company") today announced the completion of construction on its first asphalt proces...
Cardinal Infrastructure Group Announces Closing of Upsized Public Offering of Class A Common Stock and Full Exercise of Underwriters' Option to Purchase Additional Shares
RALEIGH, N.C., June 26, 2026 /PRNewswire/ -- Cardinal Infrastructure Group, Inc. (the "Company" or "Cardinal") (Nasdaq: CDNL) today announced that it has closed its upsized underwritten public offerin...
Cardinal Infrastructure Group Announces Pricing of Upsized Public Offering
RALEIGH, N.C., June 24, 2026 /PRNewswire/ -- Cardinal Infrastructure Group, Inc. (the "Company" or "Cardinal") (Nasdaq: CDNL) today announced the pricing of an upsized underwritten public offering of ...
Cardinal Infrastructure Group Announces Proposed Public Offering of Common Stock
RALEIGH, N.C., June 22, 2026 /PRNewswire/ -- Cardinal Infrastructure Group, Inc. (the "Company" or "Cardinal") (Nasdaq: CDNL) today announced a proposed, underwritten public offering of its Class A co...
Cardinal Infrastructure Group Registration statement: Registration filing
Cardinal Infrastructure Group filed a registration statement on June 22, 2026, providing details about a securities offering with the SEC.
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.