Sterling Infrastructure, Inc. (STRL)
Market Cap | 3.27B |
Revenue (ttm) | 1.97B |
Net Income (ttm) | 138.66M |
Shares Out | 30.93M |
EPS (ttm) | 4.44 |
PE Ratio | 23.85 |
Forward PE | 20.86 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 281,426 |
Open | 102.47 |
Previous Close | 102.20 |
Day's Range | 102.20 - 106.15 |
52-Week Range | 35.68 - 116.36 |
Beta | 1.19 |
Analysts | Hold |
Price Target | 115.00 (+8.6%) |
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]
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 StatementsAnalyst Forecast
According to one analyst, the rating for STRL stock is "Hold" and the 12-month stock price forecast is $115.0.
News
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 ...
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
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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.
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...
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 $...
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 ...
Sterling Announces a $216 Million Transportation Solutions Design-Build Award
THE WOODLANDS, Texas--(BUSINESS WIRE)--Sterling Infrastructure, Inc. (NasdaqGS: STRL) (“Sterling” or “the Company”) today announced that Ralph L. Wadsworth Construction Company, LLC (RLW), together wi...
Sterling to Participate in the Sidoti Micro Cap Virtual Conference on Thursday, May 11th
THE WOODLANDS, Texas--(BUSINESS WIRE)--Sterling Infrastructure, Inc. (NasdaqGS: STRL), ("Sterling" or the "Company") today announced that its Chief Executive Officer, Joe Cutillo and EVP & Chief Finan...