Sterling Infrastructure, Inc. (STRL)

NASDAQ: STRL · Real-Time Price · USD
188.44
+5.66 (3.10%)
Dec 11, 2024, 4:00 PM EST - Market closed
3.10%
Market Cap 5.79B
Revenue (ttm) 2.10B
Net Income (ttm) 184.42M
Shares Out 30.71M
EPS (ttm) 5.89
PE Ratio 31.97
Forward PE 30.62
Dividend n/a
Ex-Dividend Date n/a
Volume 248,159
Open 186.95
Previous Close 182.78
Day's Range 183.96 - 190.90
52-Week Range 69.61 - 203.49
Beta 1.23
Analysts Hold
Price Target 115.00 (-38.97%)
Earnings Date Nov 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, Sterling Infrastructure'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
(-38.97% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Four Growth Stocks For The Fourth Industrial Revolution

Industry 4.0 technologies are driving growth for Argan, Inc., Powell Industries, Limbach Holdings, and Sterling Infrastructure, with AGX potentially leading for 2025. Despite high valuations, AGX's st...

Other symbols: AGXLMBPOWL
7 days ago - Seeking Alpha

Sterling to Participate in Upcoming Investor Conference

THE WOODLANDS, Texas , Nov. 20, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced that management is participating in the following inve...

21 days ago - PRNewsWire

Sterling Announces the Retirement of Thomas M. White from the Board of Directors

THE WOODLANDS, Texas , Nov. 15, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced that Thomas M. White will retire from the company's Bo...

26 days ago - PRNewsWire

Sterling Infrastructure: Capitalizing On Data Center Tailwinds

Sterling Infrastructure (STRL) capitalizes on strong secular trends in North America's growing infrastructure construction market, driven by increased government spending and private sector investment...

4 weeks ago - Seeking Alpha

Sterling Infrastructure, Inc. (STRL) Q3 2024 Earnings Call Transcript

Sterling Infrastructure, Inc. (NASDAQ:STRL) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Joe Cutillo - CEO Sharon Villaverde - CFO Noelle Dilts - VP, IR and Corp...

4 weeks ago - Seeking Alpha

Sterling Reports Record Third Quarter 2024 Results and Raises Full Year Profitability Guidance

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

5 weeks ago - PRNewsWire

Sterling to Participate in Upcoming Investor Conferences

THE WOODLANDS, Texas , Nov. 6, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced that management is participating in the following inves...

5 weeks ago - PRNewsWire

Sterling Infrastructure: Plenty Of Growth Ahead In AI Data Centers And Big Transportation Projects

E-infrastructure revenue up by 100% YoY in Q2, showing decent progress in Sterling Infrastructure's strategic shift in this segment towards highly lucrative data center infrastructure projects. Transp...

6 weeks ago - Seeking Alpha

Sterling Schedules 2024 Third Quarter Release and Conference Call

THE WOODLANDS, Texas , Oct. 24, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced that it plans to issue its financial results for the t...

6 weeks ago - PRNewsWire

5 Stocks to Buy for a Harris Presidency

The race for the White House is heating up and these five stocks are set to benefit if Kamala Harris claims victory.

Other symbols: MSFTNEEOGNRIVN
7 weeks ago - Kiplinger

Sterling Construction Is An Attractive Picks-And-Shovels AI Play

The picks-and-shovels commercial theme is, by now, iconic.

3 months ago - Seeking Alpha

Sterling Announces the Retirement of Charles R. Patton from the Board of Directors

THE WOODLANDS, Texas , Aug. 28, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced that Charles R. Patton will retire from the company's ...

3 months ago - PRNewsWire

6 Beaten Down Stocks Rated Buy (SA Quant)

The three-week market selloff sparked by recession fears was led by plunging tech, cyclical, industrial, and energy stocks. High-quality stocks clobbered in the past 30 days, and others beaten down in...

Other symbols: AMPHCAAPCCLTCOMTWLO
4 months ago - Seeking Alpha

Sterling Infrastructure: Now A Bargain

Sterling Infrastructure stock is cheap again after the recent pullback. Sterling Infrastructure is well-positioned to benefit from the AI gold rush. Its E-infra solutions business accounts for over 70...

4 months ago - Seeking Alpha

Sterling Infrastructure: Solid Q2 Earnings Back Up My Bullishness

Sterling Infrastructure stock has rallied 47% since October 2023, outperforming the market since my initial thesis went live. Recent developments show strong revenue growth, operating margin expansion...

4 months ago - Seeking Alpha

Sterling Announces Appointment of Dan Govin as Chief Operating Officer

THE WOODLANDS, Texas , Aug. 8, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced the appointment of Dan Govin as Chief Operating Officer...

4 months ago - PRNewsWire

Sterling Infrastructure, Inc. (STRL) Q2 2024 Earnings Call Transcript

Start Time: 09:00 January 1, 0000 9:40 AM ET Sterling Infrastructure, Inc. (NASDAQ:STRL) Q2 2024 Earnings Conference Call August 06, 2024, 09:00 AM ET Company Participants Joe Cutillo - CEO Sharon Vi...

4 months ago - Seeking Alpha

Sterling Reports Record Second Quarter 2024 Results and Raises Full Year Guidance

THE WOODLANDS, Texas , Aug. 5, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or the "Company") today announced financial results for the second quarter 2024. The fina...

4 months ago - PRNewsWire

Sterling Schedules 2024 Second Quarter Release and Conference Call

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

5 months ago - PRNewsWire

Sterling Infrastructure: The Picks And Shovels To The Future Of AI

Sterling Infrastructure is benefitting from long-term AI tailwinds, with double-digit revenue growth and margin expansion. The company is involved in e-infrastructure, transportation, and building sol...

5 months ago - Seeking Alpha

Sterling Infrastructure: Keep On Riding Your Winners

Sterling Infrastructure stock has outperformed the market significantly in the past year. Sterling has capitalized on the AI data center build out, and it can still expand further into other growth ve...

6 months ago - Seeking Alpha

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...

7 months ago - PRNewsWire

Sterling Infrastructure: Buy This Small Cap Growth Stock Even After The Earnings Pop

Infrastructure companies in the US, such as Powell Industries and Sterling Infrastructure, are experiencing significant growth and strong earnings reports. Sterling Infrastructure's Q1 2024 earnings s...

7 months ago - Seeking Alpha

Sterling Infrastructure, Inc. (STRL) Q1 2024 Earnings Call Transcript

Sterling Infrastructure, Inc. (NASDAQ:STRL) Q1 2024 Earnings Conference Call May 7, 2024 9:00 AM ET Company Participants Noelle Dilts - Vice President, Investor Relations and Corporate Strategy Joe C...

7 months ago - Seeking Alpha

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...

7 months ago - PRNewsWire