Sterling Infrastructure (NASDAQ:STRL) Releases FY 2026 Earnings Guidance

Sterling Infrastructure (NASDAQ:STRL) updated its FY 2026 earnings guidance on Monday. The company provided EPS guidance of 18.400-19.050 for the period, compared to the consensus EPS estimate of 13.460. The company issued revenue guidance of $3.7 billion-$3.8 billion, compared to the consensus revenue estimate of $3.1 billion.

Sterling Infrastructure Trading Down 0.6%

Shares of NASDAQ:STRL traded down $3.18 during mid-day trading on Monday, hitting $529.49. The stock had a trading volume of 715,950 shares, compared to its average volume of 488,993. The company’s 50 day moving average is $436.19 and its 200-day moving average is $381.32. Sterling Infrastructure has a 12-month low of $163.89 and a 12-month high of $548.00. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.01 and a current ratio of 1.01. The company has a market cap of $16.24 billion, a PE ratio of 56.51, a P/E/G ratio of 2.74 and a beta of 1.64.

Sterling Infrastructure (NASDAQ:STRL) last posted its quarterly earnings data on Wednesday, February 25th. The construction company reported $3.08 earnings per share for the quarter, topping the consensus estimate of $2.63 by $0.45. Sterling Infrastructure had a net margin of 11.65% and a return on equity of 32.82%. The firm had revenue of $755.61 million for the quarter, compared to analysts’ expectations of $639.41 million. Sterling Infrastructure has set its FY 2026 guidance at 13.450-14.050 EPS. On average, sell-side analysts predict that Sterling Infrastructure will post 12.94 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. Argus began coverage on Sterling Infrastructure in a research report on Thursday, April 16th. They set a “buy” rating and a $510.00 price target on the stock. Weiss Ratings upgraded Sterling Infrastructure from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, January 26th. DA Davidson raised their price target on shares of Sterling Infrastructure from $460.00 to $500.00 and gave the stock a “buy” rating in a report on Friday, February 27th. KeyCorp began coverage on shares of Sterling Infrastructure in a research report on Thursday, April 23rd. They set an “overweight” rating and a $572.00 price objective on the stock. Finally, Stifel Nicolaus set a $486.00 price objective on shares of Sterling Infrastructure and gave the company a “buy” rating in a research note on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating and six have assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, Sterling Infrastructure has an average rating of “Buy” and a consensus target price of $510.00.

Insider Activity

In other Sterling Infrastructure news, Director Dana C. O’brien sold 2,000 shares of the company’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $410.00, for a total value of $820,000.00. Following the transaction, the director directly owned 11,498 shares of the company’s stock, valued at $4,714,180. This represents a 14.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Joseph A. Cutillo sold 50,000 shares of Sterling Infrastructure stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $497.57, for a total value of $24,878,500.00. Following the sale, the chief executive officer owned 290,593 shares of the company’s stock, valued at approximately $144,590,359.01. This represents a 14.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 104,000 shares of company stock worth $49,162,500. Insiders own 1.60% of the company’s stock.

Institutional Trading of Sterling Infrastructure

Several large investors have recently added to or reduced their stakes in STRL. Kemnay Advisory Services Inc. acquired a new position in shares of Sterling Infrastructure during the 4th quarter worth $31,000. Caitong International Asset Management Co. Ltd lifted its stake in shares of Sterling Infrastructure by 316.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 104 shares of the construction company’s stock valued at $35,000 after purchasing an additional 79 shares during the last quarter. Rakuten Securities Inc. boosted its holdings in Sterling Infrastructure by 6,950.0% in the second quarter. Rakuten Securities Inc. now owns 141 shares of the construction company’s stock worth $33,000 after purchasing an additional 139 shares in the last quarter. UMB Bank n.a. increased its position in Sterling Infrastructure by 70.8% during the fourth quarter. UMB Bank n.a. now owns 222 shares of the construction company’s stock worth $68,000 after buying an additional 92 shares during the last quarter. Finally, Mcguire Capital Advisors Inc. acquired a new position in Sterling Infrastructure during the fourth quarter worth $70,000. 80.95% of the stock is owned by institutional investors.

Sterling Infrastructure Company Profile

Sterling Infrastructure, Inc (NASDAQ: STRL) is a diversified manufacturer and distributor of essential infrastructure products serving municipal, utility and industrial customers across North America. Through its network of wholly owned subsidiaries, the company designs, engineers and produces a wide range of cast and fabricated solutions tailored to the needs of the waterworks, natural gas, telecommunications, electric, traffic safety and parks & recreation markets.

The company’s product portfolio encompasses ductile iron and composite fittings, valve boxes, manhole frames and covers, water and gas meter sets, street light poles and mounting accessories, traffic sign posts with breakaway systems, bollards and related system components.