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CDNL Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
OverviewStock Price PredictionTechnicalValuationFinancialsEarningsShould I BuyNews & Events
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Intellectia

Loading chart...

High
82.250
Open
80.950
VWAP
79.78
Vol
495.47K
Mkt Cap
3.49B
Low
77.980
Amount
39.53M
EV/EBITDA(TTM)
--
Total Shares
42.87M
EV
3.84B
EV/OCF(TTM)
--
P/S(TTM)
--
Cardinal Infrastructure Group Inc. is an infrastructure services company. The Company provides a comprehensive suite of infrastructure services to the residential, commercial, industrial, municipal, and state infrastructure markets. Its operations leverage a large skilled workforce and a fleet of specialized equipment to deliver wet utility installations (water, sewer, and stormwater systems), as well as grading, site clearing, erosion control, drilling and blasting, paving, and other related site services. It seeks to safely execute site work solutions within both the individual project's schedule and budget. The Company delivers its suite of comprehensive infrastructure services that support the planning, preparation, installation, and development of residential, commercial, industrial, municipal, and state infrastructure projects, primarily through in-house teams and equipment, significantly reducing the need for outsourcing or subcontractors, which enables project execution.
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Events Timeline

(ET)
2026-06-02
07:10:00
Cardinal Infrastructure Group Acquires Piedmont Pipe Construction
select
2026-04-09 (ET)
2026-04-09
16:40:00
Cardinal Infrastructure Group Awarded $24M Contract
select
2026-03-20 (ET)
2026-03-20
08:40:00
Cardinal Infrastructure Group to be Added to Russell 2000 and 3000 Indexes
select
2026-02-26 (ET)
2026-02-26
09:40:00
Cardinal Infrastructure Appoints Three Senior Executives to Support Company Growth
select

News

Newsfilter
8.5
20:43 PMNewsfilter
PinnedCardinal Infrastructure Group Proposes Public Offering of 3.75 Million Shares
  • Public Offering Announcement: Cardinal Infrastructure Group has announced a proposed public offering of 3.75 million shares of Class A common stock, indicating its proactive financing strategy in the capital markets.
  • Underwriter Option: The company intends to grant underwriters a 30-day option to purchase an additional 562,500 shares of Class A common stock, which may enhance market demand for its shares by providing flexibility.
  • Underwriter Selection: Stifel, William Blair, and Truist Securities are acting as book-running managers for this offering, demonstrating the company's professionalism and market credibility in selecting its partners.
  • Registration Statement Status: The related S-1 registration statement has been filed with the SEC but is not yet effective, meaning that sales and purchases of the securities cannot occur until registration becomes effective, reflecting the company's commitment to compliance.
seekingalpha
8.5
21:11 PMseekingalpha
Cardinal Infrastructure Group Proposes Public Offering of Class A Common Stock
  • Public Offering Announcement: Cardinal Infrastructure Group has proposed an underwritten public offering of 3.75 million shares of Class A common stock, with shares slipping nearly 2.7% in after-hours trading, indicating potential market skepticism about the offering's impact on capital structure.
  • Underwriter Selection: Stifel, William Blair, and Truist Securities have been appointed as book-running managers for the offering, reflecting the company's confidence in its market position and the expertise of its financial partners.
  • Additional Share Option: The company intends to grant underwriters a 30-day option to purchase an additional 562,500 shares of Class A common stock, which could provide the company with added financial flexibility and support for future initiatives.
  • Future Revenue Target: Cardinal aims for $675 million to $685 million in revenue by 2026, with a current backlog of $854 million indicating strong demand and growth potential in its operational pipeline.
PRnewswire
8.5
20:57 PMPRnewswire
Cardinal Infrastructure Group Proposes Public Offering of Stock
  • Public Offering Announcement: Cardinal Infrastructure Group has proposed a public offering of 3.75 million shares of Class A common stock, all offered by the company, indicating a proactive approach to capital raising in the market.
  • Underwriter Option: The company intends to grant underwriters a 30-day option to purchase up to an additional 562,500 shares of Class A common stock, which may enhance market interest in the offering due to increased flexibility.
  • Underwriter Selection: Stifel, William Blair, and Truist Securities are acting as book-running managers for the offering, reflecting the company's focus on reputable and capable underwriters to ensure successful issuance.
  • Registration Statement Status: A registration statement has been filed with the SEC but is not yet effective, indicating the company's commitment to compliance while actively pursuing capital raising to support future market expansion.
seekingalpha
8.5
06-02seekingalpha
Cardinal Infrastructure Acquires Piedmont Pipe Construction
  • Acquisition Announcement: Cardinal Infrastructure Group has announced the acquisition of Piedmont Pipe Construction Inc, a wet utilities contractor operating in North and South Carolina, aimed at enhancing its wet utility capabilities in the Charlotte market.
  • Brand Integration: Founded in 1999 and headquartered near Charlotte, Piedmont will operate under the Cardinal Civil Contracting brand post-acquisition, further consolidating resources to enhance market competitiveness.
  • Workforce Expansion: The acquisition will add Piedmont's wet utility-focused crews to Cardinal's workforce, enhancing its service capabilities and project execution efficiency in the wet utilities sector.
  • Financial Outlook: Although the financial terms of the transaction were not disclosed, Cardinal has set a revenue target of $675M to $685M for 2026, reflecting confidence in future growth prospects.
PRnewswire
8.5
06-02PRnewswire
Cardinal Infrastructure Acquires Piedmont to Expand Operations
  • Acquisition Background: Cardinal Infrastructure Group, Inc. announced the acquisition of Piedmont Pipe Construction, Inc., a leading wet utilities provider founded in 1999, aimed at enhancing its capabilities in the rapidly growing Charlotte market.
  • Strategic Significance: This acquisition exemplifies Cardinal's tuck-in strategy, which aims to build density in existing high-growth regions while deepening vertical integration to improve service capacity across the Charlotte metro area.
  • Team Integration: Piedmont's wet utility-focused crews will operate under the Cardinal Civil Contracting brand, strengthening Cardinal's owned labor force and enhancing project execution efficiency to better meet client demands in high-demand markets.
  • Market Positioning: Cardinal Infrastructure Group is recognized as one of the Southeast's fastest-growing full-service infrastructure providers, and this acquisition will further solidify its leadership position in high-growth markets while fostering long-term client relationships.
NASDAQ.COM
2.0
06-01NASDAQ.COM
Cardinal (CDNL) Q1 2026 Earnings Transcript
Wall Street analysts forecast CDNL stock price to rise
2 Analyst Rating
Wall Street analysts forecast CDNL stock price to rise
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
28.00
Averages
28.00
High
28.00
Current: 0.000
sliders
Low
28.00
Averages
28.00
High
28.00
Oppenheimer
Brent Thielman
Outperform
maintain
$60 -> $80
AI Analysis
2026-06-15
Reason
Oppenheimer
Brent Thielman
Price Target
$60 -> $80
AI Analysis
2026-06-15
maintain
Outperform
Reason
Oppenheimer analyst Brent Thielman raised the firm's price target on Cardinal Infrastructure to $80 from $60 and keeps an Outperform rating on the shares. The firm is refreshing its views on Cardinal Infrastructure following recent announced M&A and management discussion. Oppenheimer modestly increases estimates for 2026 and bump 2027, which reflects its initial assumed direct and indirect benefits from the Piedmont Pipe acquisition and its sense of overall organic pursuit momentum this year. Potential new M&A catalysts remain this year.
Oppenheimer
Outperform
initiated
$60
2026-05-28
Reason
Oppenheimer
Price Target
$60
2026-05-28
initiated
Outperform
Reason
Oppenheimer initiated coverage of Cardinal Infrastructure with an Outperform rating and $60 price target. The company has an "attractive growth runway" as it leverages existing customer relationships into new markets and geographies, the analyst tells investors in a research note. The firm believes Cardinal's roll-up opportunities "should be significant" at multiples well below the company's current trading levels. Oppenheimer expects the company to sustain "top-tier" margins versus its peers.
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Valuation Metrics

The current forward P/E ratio for Cardinal Infrastructure Group Inc (CDNL.O) is 49.75, compared to its 5-year average forward P/E of 20.27. For a more detailed relative valuation and DCF analysis to assess Cardinal Infrastructure Group Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
20.27
Current PE
49.75
Overvalued PE
40.84
Undervalued PE
-0.30

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
394.80
Current EV/EBITDA
13.67
Overvalued EV/EBITDA
699.89
Undervalued EV/EBITDA
89.71

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
1.26
Current PS
1.58
Overvalued PS
1.84
Undervalued PS
0.68

Financials

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Frequently Asked Questions

What is Cardinal Infrastructure Group Inc (CDNL) stock price today?

The current price of CDNL is 79.1 USD — it has decreased -2.83

What is Cardinal Infrastructure Group Inc (CDNL)'s business?

Cardinal Infrastructure Group Inc. is an infrastructure services company. The Company provides a comprehensive suite of infrastructure services to the residential, commercial, industrial, municipal, and state infrastructure markets. Its operations leverage a large skilled workforce and a fleet of specialized equipment to deliver wet utility installations (water, sewer, and stormwater systems), as well as grading, site clearing, erosion control, drilling and blasting, paving, and other related site services. It seeks to safely execute site work solutions within both the individual project's schedule and budget. The Company delivers its suite of comprehensive infrastructure services that support the planning, preparation, installation, and development of residential, commercial, industrial, municipal, and state infrastructure projects, primarily through in-house teams and equipment, significantly reducing the need for outsourcing or subcontractors, which enables project execution.

What is the price predicton of CDNL Stock?

Wall Street analysts forecast CDNL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CDNL is28.00 USD with a low forecast of 28.00 USD and a high forecast of 28.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Cardinal Infrastructure Group Inc (CDNL)'s revenue for the last quarter?

Cardinal Infrastructure Group Inc revenue for the last quarter amounts to 167.51M USD, increased 104.78

What is Cardinal Infrastructure Group Inc (CDNL)'s earnings per share (EPS) for the last quarter?

Cardinal Infrastructure Group Inc. EPS for the last quarter amounts to 0.08 USD, decreased -46.67

How many employees does Cardinal Infrastructure Group Inc (CDNL). have?

Cardinal Infrastructure Group Inc (CDNL) has 1480 emplpoyees as of June 22 2026.

What is Cardinal Infrastructure Group Inc (CDNL) market cap?

Today CDNL has the market capitalization of 3.49B USD.