Symbols / CDNL Stock $54.69 +3.13% Cardinal Infrastructure Group Inc.

Industrials • Engineering & Construction • United States • NMS
CDNL (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Industrials
Industry Engineering & Construction
CEO Mr. Jeremy Spivey
Exch · Country NMS · United States
Market Cap 836.37M
Enterprise Value 957.57M
Income 863.59K
Sales 456.05M
FCF (ttm) -20.36M
Book/sh 3.91
Cash/sh 6.35
Employees 1,480
Insider 10d —
IPO Dec 10, 2025
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E 35.98
Forward P/E 29.72
PEG —
P/S 1.83
P/B 13.98
P/C —
EV/EBITDA 12.77
EV/Sales 2.10
Quick Ratio 2.33
Current Ratio 2.35
Debt/Eq 98.38
LT Debt/Eq —
EPS (ttm) 1.52
EPS next Y 1.84
EPS Growth —
Revenue Growth 71.70%
EPS Gr Q/Q -32.90%
Rev Gr Q/Q —
Earnings (next) 2026-05-12
Earnings (prior) —
ROA 9.95%
ROE 38.18%
ROIC —
Gross Margin 21.08%
Oper. Margin 7.57%
Profit Margin 4.98%
Shs Outstand 15.29M
Shs Float 11.55M
Insider Own 50.55%
Instit Own 93.71%
Short Float 7.53%
Short Ratio 2.21
Short Interest 1.15M
52W High 55.47
vs 52W High -1.40%
52W Low 21.98
vs 52W Low 148.82%
Beta —
Impl. Vol. —
Rel Volume 0.75
Avg Volume 389.40K
Volume 290.82K
Target (mean) $41.00
Tgt Median $41.00
Tgt Low $41.00
Tgt High $41.00
# Analysts 1
Recom None
Prev Close $53.03
Price $54.69
Change 3.13%
About

Cardinal Infrastructure Group Inc., a civil contracting company, provides site development and infrastructure services to the residential, commercial, industrial, municipal, and state infrastructure markets in the southeastern United States. It offers wet utility installations, such as water, sewer, and stormwater systems, as well as grading, site clearing, erosion control, drilling and blasting, paving, and other related site services. The company was formerly known as Civil Infrastructure Group Inc. and changed its name to Cardinal Infrastructure Group Inc. in September 2025. The company was founded in 2013 and is headquartered in Raleigh, North Carolina.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$41.00
Mean price target
2. Current target
$54.69
Latest analyst target
3. DCF / Fair value
$-23.96
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$54.69
Low
$41.00
High
$41.00
Mean
$41.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-30 reit Stifel Buy → Buy $41
2026-03-20 main Stifel Buy → Buy $38
2026-02-19 main DA Davidson Buy → Buy $35
2026-02-19 main Stifel Buy → Buy $31
2026-01-20 init DA Davidson — → Buy $30
2026-01-05 init Stifel — → Buy $28
2026-01-05 init William Blair — → Outperform —
News
RSS: Latest CDNL news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-26 ZELMAN IVY Director — 6,921 $36.33 $251,440
2025-12-11 ZELMAN IVY Director — 2,275 $21.00 $47,775
2025-12-11 LEE RICHARD MELVIN JR. Director — 22,725 $21.00 $477,225
2025-12-11 GIDLEY TIFFANY LEANN General Counsel — 6,000 $21.00 $126,000
2025-12-11 WIMMER RICHARD BENNETT Director — 10,000 $21.00 $210,000
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31
Total Revenue
456.05
—
Operating Revenue
456.05
—
Cost Of Revenue
359.90
—
Reconciled Cost Of Revenue
359.90
+44.07%
249.80
Gross Profit
96.15
—
Operating Expense
55.90
+90.46%
29.35
Selling General And Administration
23.53
+120.13%
10.69
General And Administrative Expense
23.53
+120.13%
10.69
Other Gand A
23.53
+120.13%
10.69
Total Expenses
415.80
+48.90%
279.24
Operating Income
40.25
+11.96%
35.95
Total Operating Income As Reported
40.40
+12.44%
35.93
EBITDA
72.26
+35.76%
53.23
Normalized EBITDA
72.10
+35.43%
53.24
Reconciled Depreciation
32.37
+72.67%
18.75
EBIT
39.89
+15.69%
34.48
Total Unusual Items
0.16
—
Total Unusual Items Excluding Goodwill
0.16
—
Special Income Charges
0.16
—
Net Income
22.69
+6.22%
21.36
Pretax Income
33.06
+11.50%
29.65
Net Non Operating Interest Income Expense
-6.83
-41.37%
-4.83
Interest Expense Non Operating
6.83
+41.37%
4.83
Net Interest Income
-6.83
-41.37%
-4.83
Interest Expense
6.83
+41.37%
4.83
Other Income Expense
-0.36
+75.42%
-1.47
Other Non Operating Income Expenses
-0.52
+64.39%
-1.46
Tax Provision
1.97
+45.41%
1.35
Tax Rate For Calcs
0.00
+28.26%
0.00
Tax Effect Of Unusual Items
0.01
+1591.68%
-0.00
Net Income Including Noncontrolling Interests
31.09
+9.88%
28.30
Net Income From Continuing Operation Net Minority Interest
22.69
+6.22%
21.36
Net Income From Continuing And Discontinued Operation
22.69
+6.22%
21.36
Net Income Continuous Operations
31.09
+9.88%
28.30
Minority Interests
-8.41
-21.15%
-6.94
Normalized Income
22.54
+5.46%
21.37
Net Income Common Stockholders
22.69
+6.22%
21.36
Diluted EPS
—
1.62
Basic EPS
—
1.62
Basic Average Shares
—
13.22
Diluted Average Shares
—
13.22
Diluted NI Availto Com Stockholders
22.69
+6.22%
21.36
Amortization
7.13
0.00
Amortization Of Intangibles Income Statement
7.13
0.00
Depreciation Amortization Depletion Income Statement
32.37
+73.46%
18.66
Depreciation And Amortization In Income Statement
32.37
+73.46%
18.66
Depreciation Income Statement
25.25
+35.27%
18.66
Gain On Sale Of PPE
0.16
—
Line Item Trend 2025-12-31 2024-12-31 2023-12-31
Total Assets
394.59
—
—
Current Assets
215.65
—
—
Cash Cash Equivalents And Short Term Investments
97.15
—
—
Cash And Cash Equivalents
97.15
—
—
Cash Financial
97.15
—
—
Receivables
116.18
—
—
Accounts Receivable
61.28
—
—
Other Receivables
54.89
—
—
Prepaid Assets
1.89
—
—
Other Current Assets
0.43
—
—
Total Non Current Assets
178.94
—
—
Net PPE
93.83
—
—
Gross PPE
168.87
—
—
Accumulated Depreciation
-75.04
—
—
Properties
0.00
—
—
Land And Improvements
0.00
—
—
Buildings And Improvements
0.00
—
—
Machinery Furniture Equipment
150.88
—
—
Construction In Progress
8.02
—
—
Other Properties
8.93
+74.77%
5.11
-17.47%
6.19
Leases
1.04
+27.10%
0.82
+109.93%
0.39
Goodwill And Other Intangible Assets
39.02
—
—
Goodwill
23.51
—
—
Other Intangible Assets
15.51
—
—
Investments And Advances
0.00
—
—
Long Term Equity Investment
0.00
—
—
Non Current Deferred Assets
46.08
0.00
—
Non Current Deferred Taxes Assets
46.08
0.00
—
Total Liabilities Net Minority Interest
255.05
—
—
Current Liabilities
91.65
—
—
Payables And Accrued Expenses
67.52
—
—
Payables
64.57
—
—
Accounts Payable
60.60
—
—
Other Payable
3.97
—
—
Current Accrued Expenses
2.96
—
—
Current Debt And Capital Lease Obligation
13.29
—
—
Current Debt
6.13
—
—
Other Current Borrowings
6.13
—
—
Current Capital Lease Obligation
7.16
—
—
Current Deferred Liabilities
10.83
—
—
Current Deferred Revenue
10.83
—
—
Total Non Current Liabilities Net Minority Interest
163.40
—
—
Long Term Debt And Capital Lease Obligation
123.98
—
—
Long Term Debt
113.15
—
—
Long Term Capital Lease Obligation
10.83
—
—
Tradeand Other Payables Non Current
39.42
0.00
—
Stockholders Equity
58.46
—
—
Common Stock Equity
58.46
0.00
—
Capital Stock
0.00
0.00
—
Common Stock
0.00
0.00
—
Preferred Stock
0.00
0.00
—
Share Issued
14.95
+13.08%
13.22
+0.00%
13.22
Ordinary Shares Number
14.95
+13.08%
13.22
+0.00%
13.22
Additional Paid In Capital
57.59
0.00
—
Retained Earnings
0.86
—
—
Minority Interest
81.08
—
—
Total Equity Gross Minority Interest
139.54
—
—
Total Capitalization
171.61
—
—
Working Capital
124.00
—
—
Invested Capital
177.74
+270.81%
47.93
—
Total Debt
137.27
—
—
Net Debt
22.13
—
—
Capital Lease Obligations
17.99
—
—
Net Tangible Assets
19.44
—
—
Tangible Book Value
19.44
+375.66%
-7.05
—
Total Partnership Capital
0.00
—
—
Line Item Trend 2025-12-31
Operating Cash Flow
37.90
Cash Flow From Continuing Operating Activities
37.90
Net Income From Continuing Operations
31.09
Depreciation Amortization Depletion
32.37
Depreciation
25.25
Amortization Cash Flow
7.13
Depreciation And Amortization
32.37
Amortization Of Intangibles
7.13
Other Non Cash Items
0.10
Stock Based Compensation
5.87
Deferred Tax
0.28
Deferred Income Tax
0.28
Operating Gains Losses
-0.25
Gain Loss On Sale Of PPE
-0.16
Change In Working Capital
-31.56
Change In Receivables
-47.02
Changes In Account Receivables
-12.77
Change In Prepaid Assets
-1.51
Change In Payables And Accrued Expense
22.92
Change In Accrued Expense
1.77
Change In Payable
21.14
Change In Account Payable
21.14
Change In Other Working Capital
-5.48
Change In Other Current Assets
-0.46
Investing Cash Flow
-101.50
Cash Flow From Continuing Investing Activities
-101.50
Net PPE Purchase And Sale
-43.36
Purchase Of PPE
-43.82
Sale Of PPE
0.45
Capital Expenditure
-43.82
Net Business Purchase And Sale
-59.40
Purchase Of Business
-59.40
Net Other Investing Changes
1.26
Financing Cash Flow
139.83
Cash Flow From Continuing Financing Activities
139.83
Net Issuance Payments Of Debt
71.31
Issuance Of Debt
193.18
Repayment Of Debt
-121.87
Long Term Debt Issuance
193.18
Long Term Debt Payments
-121.87
Net Long Term Debt Issuance
71.31
Net Common Stock Issuance
258.28
Cash Dividends Paid
-23.43
Net Other Financing Charges
-166.34
Changes In Cash
76.23
Beginning Cash Position
20.92
End Cash Position
97.15
Free Cash Flow
-5.91
Interest Paid Supplemental Data
6.54
Income Tax Paid Supplemental Data
1.69
Common Stock Issuance
258.28
Earnings Losses From Equity Investments
-0.09
Issuance Of Capital Stock
258.28
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Trades
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status
Posts
Published Title Author Category