Sterling Infrastructure, Inc. (STRL)

NASDAQ: STRL · IEX Real-Time Price · USD
62.68
-0.26 (-0.41%)
Nov 29, 2023, 10:13 AM EST - Market open
-0.41%
Market Cap 1.94B
Revenue (ttm) 1.78B
Net Income (ttm) 130.21M
Shares Out 30.84M
EPS (ttm) 4.19
PE Ratio 15.19
Forward PE 13.80
Dividend n/a
Ex-Dividend Date n/a
Volume 32,285
Open 63.45
Previous Close 62.94
Day's Range 62.58 - 63.67
52-Week Range 30.35 - 84.00
Beta 1.27
Analysts Strong Buy
Price Target 65.00 (+3.7%)
Earnings Date Nov 6, 2023

About STRL

Sterling Infrastructure, Inc. engages in the e-infrastructure, transportation, and building solutions primarily in the Southern United States, the Northeastern and Mid-Atlantic United States, the Rocky Mountain states, California, and Hawaii. It undertakes infrastructure and rehabilitation projects for highways, roads, bridges, airports, ports, light rail, water, wastewater, and storm drainage systems for the departments of transportation in various states, regional transit authorities, airport authorities, port authorities, water authorities a... [Read more]

Sector Industrials
Founded 1955
Employees 3,200
Stock Exchange NASDAQ
Ticker Symbol STRL
Full Company Profile

Financial Performance

In 2022, STRL's revenue was $1.77 billion, an increase of 25.10% compared to the previous year's $1.41 billion. Earnings were $106.46 million, an increase of 69.94%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for STRL stock is "Strong Buy" and the 12-month stock price forecast is $65.0.

Price Target
$65.0
(3.70% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

12 days 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...

19 days 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...

22 days 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...

4 weeks 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...

4 weeks 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...

4 weeks 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
2 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...

4 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 $...

4 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 ...

4 months ago - Business Wire

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...

4 months ago - Business Wire

Will Fed Rate-Hike Pause Lead To Small-Cap Outperformance?

Domestic small caps, as tracked by the iShares Russell 2000 ETF NYSEARCA: IWM have significantly underperformed larger stocks in the past three months. You can easily compare performance of that ETF v...

6 months ago - MarketBeat

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...

7 months ago - Business Wire

Sterling Reports Record First Quarter 2023 Results

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

7 months ago - Business Wire

Sterling Publishes Its 2023 Sustainability Report

THE WOODLANDS, Texas--(BUSINESS WIRE)--Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling") has published its 2023 Sustainability Report titled, Leading The Way - The Sterling Way. The report h...

7 months ago - Business Wire

Sterling Announces a $70 Million Design-Build Transportation Solutions 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), was awarded...

7 months ago - Business Wire

Sterling Schedules 2023 First 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 first quarter o...

7 months ago - Business Wire

Sterling Announces Record Bookings of $325 million in E-Infrastructure Solutions for the First Quarter 2023

THE WOODLANDS, Texas--(BUSINESS WIRE)--Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling") today announced that its E-Infrastructure Solutions segment reported new awards totaling $325 million...

8 months ago - Business Wire

Sterling Announces Noelle Dilts as Vice President of Investor Relations and Corporate Strategy

THE WOODLANDS, Texas--(BUSINESS WIRE)--Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") announces the appointment of Noelle Dilts to the role of Vice President of Investor ...

8 months ago - Business Wire

Sterling to Participate in the Sidoti Small-Cap Virtual Conference on Wednesday, March 22nd

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 Fina...

9 months ago - Business Wire

Sterling Reports Record Fourth Quarter and Full Year 2022 Results

THE WOODLANDS, Texas--(BUSINESS WIRE)--Sterling Infrastructure, Inc. (NasdaqGS: STRL) (“Sterling” or the “Company”) today announced financial results for the fourth quarter and full year 2022 and prov...

9 months ago - Business Wire

Sterling Awarded Landmark Site Development Project for the Hyundai Engineering America New EV Battery Facility in Georgia

THE WOODLANDS, Texas--(BUSINESS WIRE)--Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling") today announced that its subsidiary, Plateau of its E-Infrastructure Solutions segment, was awarded o...

9 months ago - Business Wire

Sterling Schedules 2022 Fourth Quarter and Full Year 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 fourth quarter ...

10 months ago - Business Wire

Sterling Announces E-Infrastructure Solutions New Awards Totaling $260 Million for the Fourth Quarter 2022

THE WOODLANDS, Texas--(BUSINESS WIRE)--Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced that its E-Infrastructure Solutions segment reported new awards to...

10 months ago - Business Wire

Sterling, A 2023 Barron's Roundtable Stock Pick!

THE WOODLANDS, Texas--(BUSINESS WIRE)--Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced that the Company is listed as one of the 26 companies on Barron's ...

11 months ago - Business Wire