Sidoti Lifts Earnings Estimates for Sterling Infrastructure

Sterling Infrastructure, Inc. (NASDAQ:STRL) – Investment analysts at Sidoti boosted their Q3 2026 earnings per share (EPS) estimates for Sterling Infrastructure in a research report issued to clients and investors on Wednesday, August 5th. Sidoti analyst J. Romero now anticipates that the construction company will post earnings per share of $5.92 for the quarter, up from their prior estimate of $5.74. The consensus estimate for Sterling Infrastructure’s current full-year earnings is $19.13 per share. Sidoti also issued estimates for Sterling Infrastructure’s FY2026 earnings at $19.00 EPS, Q1 2027 earnings at $4.03 EPS, Q2 2027 earnings at $7.40 EPS and Q3 2027 earnings at $7.58 EPS.

Sterling Infrastructure (NASDAQ:STRL) last posted its quarterly earnings results on Monday, August 3rd. The construction company reported $5.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.01 by $0.79. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $969.22 million. Sterling Infrastructure had a return on equity of 40.12% and a net margin of 12.55%.The business’s revenue for the quarter was up 90.4% on a year-over-year basis. Sterling Infrastructure has set its FY 2026 guidance at 19.700-20.300 EPS.

Several other research analysts have also commented on the stock. Weiss Ratings lowered shares of Sterling Infrastructure from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, July 28th. Zacks Research upgraded shares of Sterling Infrastructure from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 1st. Argus initiated coverage on shares of Sterling Infrastructure in a research report on Thursday, April 16th. They issued a “buy” rating and a $510.00 price objective for the company. Oppenheimer began coverage on shares of Sterling Infrastructure in a research note on Thursday, May 28th. They issued an “outperform” rating and a $950.00 target price on the stock. Finally, Cantor Fitzgerald reduced their target price on shares of Sterling Infrastructure from $956.00 to $742.00 and set an “overweight” rating on the stock in a report on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating and seven have assigned a Buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $657.00.

Sterling Infrastructure Stock Down 3.4%

Shares of NASDAQ:STRL opened at $528.51 on Monday. The stock has a 50-day simple moving average of $734.49 and a 200-day simple moving average of $587.22. The stock has a market capitalization of $16.17 billion, a P/E ratio of 38.10, a PEG ratio of 1.91 and a beta of 1.88. Sterling Infrastructure has a 1 year low of $263.45 and a 1 year high of $1,005.68. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.11 and a current ratio of 1.11.

Insider Activity

In other news, General Counsel Mark D. Wolf sold 2,500 shares of Sterling Infrastructure stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $888.00, for a total transaction of $2,220,000.00. Following the sale, the general counsel owned 28,137 shares in the company, valued at $24,985,656. This trade represents a 8.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.60% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Sterling Infrastructure

Large investors have recently added to or reduced their stakes in the company. Engle Capital Management L.P. lifted its stake in shares of Sterling Infrastructure by 156.5% in the 1st quarter. Engle Capital Management L.P. now owns 26,500 shares of the construction company’s stock worth $10,793,000 after acquiring an additional 16,167 shares during the period. Northwestern Mutual Investment Management Company LLC acquired a new position in shares of Sterling Infrastructure during the fourth quarter valued at approximately $2,105,000. Private Advisor Group LLC increased its stake in shares of Sterling Infrastructure by 28.2% during the first quarter. Private Advisor Group LLC now owns 7,099 shares of the construction company’s stock valued at $2,891,000 after acquiring an additional 1,561 shares during the period. Truist Financial Corp raised its holdings in Sterling Infrastructure by 30.8% during the fourth quarter. Truist Financial Corp now owns 5,005 shares of the construction company’s stock worth $1,533,000 after purchasing an additional 1,179 shares in the last quarter. Finally, Ranger Investment Management L.P. bought a new stake in Sterling Infrastructure during the first quarter worth approximately $21,844,000. 80.95% of the stock is owned by institutional investors and hedge funds.

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.