Profile
Sector:
IndustrialsIndustry:
Engineering & ConstructionCountry:
United StatesIPO:
12 July 1991Website:
http://www.strlco.comNext earnings report:
07 November 2024Last dividends:
23 December 1998Next dividends:
N/APrice
regular market | 9 min agoDividend
Analysts recommendations
Institutional Ownership
STRL Latest News
Sterling Infrastructure, Inc. STRL is scheduled to report third-quarter 2024 results on Nov. 6, after the closing bell. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.
In the most recent trading session, Sterling Infrastructure (STRL) closed at $154.45, indicating a +0.64% shift from the previous trading day.
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. Transportation segment revenue grew 54% YoY, with a $1.5 billion backlog and an additional $500 million in potential future contracts. Capital expenditures for transportation projects have pressured free cash flow. However, milestone payments in upcoming quarters are expected to improve the cash flow statement.
Sterling Infrastructure (STRL) closed at $150.66 in the latest trading session, marking a -1.76% move from the prior day.
Sterling Infrastructure, Inc. STRL stock is trading at a premium compared with the Zacks Engineering - R and D Services industry. With a forward 12-month Price/Earnings (P/E) ratio of 25.76X, it is above the industry's average of 23.81X and a five-year median of 10.65X.
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 third quarter of 2024 on Wednesday, November 6, 2024, after the stock market closes. Sterling's management will host a conference call on Thursday, November 7, 2024, at 10:00 am ET/9:00 am CT to discuss the third quarter results, as well as the 2024 outlook.
Sterling Infrastructure (STRL) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Sterling Infrastructure (STRL) concluded the recent trading session at $154.09, signifying a +1.95% move from its prior day's close.
Sterling Infrastructure (STRL) closed at $144.87 in the latest trading session, marking a -0.83% move from the prior day.
Sterling Infrastructure (STRL) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
What type of business is Sterling Infrastructure?
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 infrastructure and rehabilitation projects for highways, roads, bridges, airports, ports, rail, and storm drainage systems for the departments of transportation in various states, regional transit authorities, airport authorities, port authorities, water authorities, and railroads. The Building Solutions segment provides residential and commercial concrete foundations for single-family and multi-family homes, parking structures, elevated slabs, other concrete work for developers and general contractors, as well as provides plumbing services for residential builds. The company was formerly known as Sterling Construction Company, Inc. and changed its name to Sterling Infrastructure, Inc. in June 2022. Sterling Infrastructure, Inc. was founded in 1955 and is headquartered in The Woodlands, Texas.
What sector is Sterling Infrastructure in?
Sterling Infrastructure is in the Industrials sector
What industry is Sterling Infrastructure in?
Sterling Infrastructure is in the Engineering & Construction industry
What country is Sterling Infrastructure from?
Sterling Infrastructure is headquartered in United States
When did Sterling Infrastructure go public?
Sterling Infrastructure initial public offering (IPO) was on 12 July 1991
What is Sterling Infrastructure website?
https://www.strlco.com
Is Sterling Infrastructure in the S&P 500?
No, Sterling Infrastructure is not included in the S&P 500 index
Is Sterling Infrastructure in the NASDAQ 100?
No, Sterling Infrastructure is not included in the NASDAQ 100 index
Is Sterling Infrastructure in the Dow Jones?
No, Sterling Infrastructure is not included in the Dow Jones index
When was Sterling Infrastructure the previous earnings report?
No data
When does Sterling Infrastructure earnings report?
The next expected earnings date for Sterling Infrastructure is 07 November 2024