SLND Chart
About

Southland Holdings, Inc. engages in specialty infrastructure construction business in North America. The company operates through two segments, Civil and Transportation. The Civil segment designs and constructs water pipelines, pump stations, lift stations, water and wastewater treatment plants, concrete and structural steel, outfall, and tunneling. The Transportation segment designs and constructs bridges, roadways, marine, dredging, ship terminals and piers, and specialty structures and facilities, as well as convention centers, sports stadiums, marine facilities, and ferris wheels. The company was founded in 1900 and is headquartered in Grapevine, Texas.

Fundamentals
Scroll to Statements
Sector Industrials Industry Engineering & Constructi Market Cap 38.11M
Enterprise Value 348.44M Income -94.28M Sales 935.46M
Book/sh 1.39 Cash/sh 0.75 Dividend Yield
Payout 0.00% Employees 2100 IPO
P/E Forward P/E -0.88 PEG
P/S 0.04 P/B 0.51 P/C
EV/EBITDA 37.25 EV/Sales 0.37 Quick Ratio 1.19
Current Ratio 1.29 Debt/Eq 380.11 LT Debt/Eq
EPS (ttm) -1.75 EPS next Y -0.80 EPS Growth
Revenue Growth 23.10% Earnings 2026-03-17 ROA -0.78%
ROE -75.14% ROIC Gross Margin 4.89%
Oper. Margin -5.30% Profit Margin -10.08% Shs Outstand 54.11M
Shs Float 12.55M Short Float 3.76% Short Ratio 3.44
Short Interest 52W High 5.34 52W Low 0.70
Beta 0.46 Avg Volume 96.97K Volume 163.84K
Target Price $5.50 Recom None Prev Close $0.81
Price $0.70 Change -13.56%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$5.50
Mean price target
2. Current target
$0.70
Latest analyst target
3. DCF / Fair value
$6.85
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.70
Low
$3.00
High
$8.00
Mean
$5.50

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-08-19 main DA Davidson Neutral → Neutral $4
2024-11-14 main Craig-Hallum Buy → Buy $5
2024-03-06 reit DA Davidson Neutral → Neutral $6
2023-08-16 main Craig-Hallum Buy → Buy $9
2023-08-16 down DA Davidson Buy → Neutral $7
2023-04-04 init Craig-Hallum — → Buy $14
2023-03-28 main DA Davidson Buy → Buy $13
Insider Transactions
Date Shares Url Text Insider Position Transaction Start Date Ownership Value
0 15706 RENDA RUDOLPH V. Chief Operating Officer 2025-06-25 00:00:00 D nan
1 15706 WINN WALTER TIMOTHY Chief Operating Officer 2025-06-25 00:00:00 D nan
2 55432 RENDA FRANKIE S. Chief Executive Officer 2025-06-25 00:00:00 D nan
3 7957 Stock Award(Grant) at price 0.00 per share. PARKER NATHANIEL WILLIS IV Director 2025-06-25 00:00:00 D
4 7957 Stock Award(Grant) at price 0.00 per share. MONAHAN GREGORY R Director 2025-06-13 00:00:00 D
5 7957 Stock Award(Grant) at price 0.00 per share. MARTINS IZILDA P Director 2025-06-13 00:00:00 D
6 7957 Stock Award(Grant) at price 0.00 per share. RAMIREZ MARIO ENRIQUE Director 2025-06-13 00:00:00 D
7 86667 GALLARDA CODY Chief Financial Officer 2025-02-14 00:00:00 D nan
8 2215664 Stock Award(Grant) at price 3.43 per share. RENDA RUDOLPH V. Chief Operating Officer 2024-12-27 00:00:00 D 7599728.0
9 219002 Stock Award(Grant) at price 3.43 per share. WINN WALTER TIMOTHY Chief Operating Officer 2024-12-27 00:00:00 D 751177.0
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-69.30K9.39K-13.38K187.68K
TaxRateForCalcs0.310.310.180.21
NormalizedEBITDA-99.39M22.73M130.60M106.30M
TotalUnusualItems-225.00K30.00K-76.00K898.00K
TotalUnusualItemsExcludingGoodwill-225.00K30.00K-76.00K898.00K
NetIncomeFromContinuingOperationNetMinorityInterest-105.36M-19.25M60.54M38.72M
ReconciledDepreciation23.30M30.53M45.70M47.47M
ReconciledCostOfRevenue1.04B1.12B1.02B1.16B
EBITDA-99.61M22.76M130.53M107.20M
EBIT-122.91M-7.77M84.83M59.73M
NetInterestIncome-29.51M-19.47M-8.89M-7.25M
InterestExpense29.51M19.47M8.89M7.25M
NormalizedIncome-105.21M-19.27M60.60M38.01M
NetIncomeFromContinuingAndDiscontinuedOperation-105.36M-19.25M60.54M38.72M
TotalExpenses1.11B1.19B1.08B1.22B
TotalOperatingIncomeAsReported-126.31M-31.38M82.70M56.05M
DilutedAverageShares48.07M47.09M44.41M44.41M
BasicAverageShares48.07M47.09M44.41M44.41M
DilutedEPS-2.19-0.411.360.87
BasicEPS-2.19-0.411.360.87
DilutedNIAvailtoComStockholders-105.36M-19.25M60.54M38.72M
NetIncomeCommonStockholders-105.36M-19.25M60.54M38.72M
NetIncome-105.36M-19.25M60.54M38.72M
MinorityInterests163.00K-538.00K-2.11M-2.81M
NetIncomeIncludingNoncontrollingInterests-105.53M-18.71M62.65M41.53M
NetIncomeContinuousOperations-105.53M-18.71M62.65M41.53M
TaxProvision-46.89M-8.53M13.29M10.95M
PretaxIncome-152.42M-27.24M75.94M52.48M
OtherIncomeExpense3.41M23.61M2.13M3.68M
OtherNonOperatingIncomeExpenses3.63M23.58M2.20M2.78M
GainOnSaleOfSecurity-225.00K30.00K-76.00K898.00K
NetNonOperatingInterestIncomeExpense-29.51M-19.47M-8.89M-7.25M
InterestExpenseNonOperating29.51M19.47M8.89M7.25M
OperatingIncome-126.31M-31.38M82.70M56.05M
OperatingExpense63.27M67.19M58.23M58.14M
SellingGeneralAndAdministration63.27M67.19M58.23M58.14M
GeneralAndAdministrativeExpense1.28M
OtherGandA1.28M
GrossProfit-63.04M35.81M140.93M114.19M
CostOfRevenue1.04B1.12B1.02B1.16B
TotalRevenue980.18M1.16B1.16B1.28B
OperatingRevenue980.18M1.16B1.16B1.28B
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber53.94M47.89M44.41M44.41M
ShareIssued53.94M47.89M44.41M44.41M
NetDebt269.43M251.18M215.69M173.59M
TotalDebt362.51M319.69M300.20M270.47M
TangibleBookValue160.95M246.41M321.29M262.15M
InvestedCapital505.28M549.98M598.64M503.82M
WorkingCapital260.51M358.57M391.21M279.63M
NetTangibleAssets160.95M246.41M345.69M286.55M
CapitalLeaseObligations20.89M19.33M26.60M33.54M
CommonStockEquity163.66M249.62M325.04M266.89M
PreferredStockEquity24.40M24.40M
TotalCapitalization460.75M501.53M576.72M486.89M
TotalEquityGrossMinorityInterest175.41M260.56M359.88M302.35M
MinorityInterest11.75M10.94M10.45M11.06M
StockholdersEquity163.66M249.62M349.44M291.29M
GainsLossesNotAffectingRetainedEarnings-3.90M-1.46M-2.58M-937.00K
OtherEquityAdjustments-3.90M-1.46M-2.58M-937.00K
RetainedEarnings-124.62M-19.25M0.00-8.20M
AdditionalPaidInCapital292.17M270.33M0.000.00
CapitalStock5.00K5.00K352.01M292.23M
CommonStock5.00K5.00K327.61M267.83M
PreferredStock0.000.0024.40M24.40M
TotalLiabilitiesNetMinorityInterest1.03B940.50M765.42M733.40M
TotalNonCurrentLiabilitiesNetMinorityInterest407.10M356.54M289.32M266.52M
OtherNonCurrentLiabilities40.85M47.73M1.40M51.46M
NonCurrentAccruedExpenses58.08M49.11M47.22M
NonCurrentDeferredLiabilities292.00K2.55M3.39M5.96M
NonCurrentDeferredTaxesLiabilities292.00K2.55M3.39M5.96M
LongTermDebtAndCapitalLeaseObligation307.88M257.15M237.31M209.09M
LongTermCapitalLeaseObligation10.79M5.25M10.03M13.50M
LongTermDebt297.09M251.91M227.28M195.60M
CurrentLiabilities621.14M583.97M476.10M466.88M
CurrentDeferredLiabilities249.71M193.35M131.56M111.29M
CurrentDeferredRevenue249.71M193.35M131.56M111.29M
CurrentDebtAndCapitalLeaseObligation54.63M62.53M62.89M61.38M
CurrentCapitalLeaseObligation10.10M14.08M16.57M20.05M
CurrentDebt44.52M48.45M46.32M41.33M
OtherCurrentBorrowings44.52M48.45M46.32M41.33M
PayablesAndAccruedExpenses316.81M328.08M281.65M294.22M
CurrentAccruedExpenses91.52M124.67M121.58M115.06M
Payables225.29M203.41M160.06M179.16M
TotalTaxPayable220.09K77.58K
IncomeTaxPayable82.21K0.00
AccountsPayable225.29M203.41M160.06M179.16M
TotalAssets1.20B1.20B1.13B1.04B
TotalNonCurrentAssets322.00M258.53M258.00M289.24M
OtherNonCurrentAssets1.54M1.71M3.70M3.19M
NonCurrentDeferredAssets54.53M11.50M0.00
NonCurrentDeferredTaxesAssets54.53M11.50M0.00
InvestmentsAndAdvances131.99M127.47M119.58M109.46M
OtherInvestments2.59M2.59M2.59M1.93M
InvestmentinFinancialAssets2.70M3.23M3.26M3.92M
AvailableForSaleSecurities2.70M3.23M3.26M3.92M
LongTermEquityInvestment126.70M121.65M113.72M103.61M
GoodwillAndOtherIntangibleAssets2.71M3.21M3.75M4.74M
OtherIntangibleAssets1.18M1.68M2.22M3.21M
Goodwill1.53M1.53M1.53M1.53M
NetPPE131.22M114.64M130.98M171.85M
AccumulatedDepreciation-271.42M-281.25M-259.23M-221.81M
GrossPPE402.64M395.89M390.20M393.66M
ConstructionInProgress3.95M7.21M162.00K15.43M
OtherProperties14.90M12.49M16.89M15.82M
MachineryFurnitureEquipment348.70M339.12M335.71M322.48M
BuildingsAndImprovements28.93M30.90M31.23M33.64M
LandAndImprovements6.17M6.17M6.21M6.30M
Properties0.000.000.000.00
CurrentAssets881.65M942.54M867.30M746.52M
OtherCurrentAssets14.83M14.58M14.25M22.98M
RestrictedCash15.38M14.64M14.08M47.90M
PrepaidAssets200.12K416.01K
Inventory4.50M5.50M9.80M
Receivables774.76M858.63M771.27M612.30M
OtherReceivables483.18M554.20M512.91M374.62M
AccountsReceivable291.58M304.43M258.36M237.67M
AllowanceForDoubtfulAccountsReceivable-2.00M-1.30M-1.50M-3.00M
GrossAccountsReceivable293.58M305.73M259.86M240.67M
CashCashEquivalentsAndShortTermInvestments72.19M49.18M57.91M63.34M
CashAndCashEquivalents72.19M49.18M57.91M63.34M
CashFinancial231.52K1.10M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-5.49M-21.11M-70.97M-109.37M
RepaymentOfDebt-190.26M-141.56M-51.09M-240.30M
IssuanceOfDebt173.13M123.27M75.28M273.17M
IssuanceOfCapitalStock0.00
CapitalExpenditure-7.42M-10.85M-4.76M-18.80M
InterestPaidSupplementalData28.05M18.28M9.04M7.52M
IncomeTaxPaidSupplementalData1.56M7.59M10.39M14.09M
EndCashPosition87.56M63.82M71.99M111.24M
BeginningCashPosition63.82M71.99M111.24M180.40M
EffectOfExchangeRateChanges-195.00K195.00K1.25M-686.00K
ChangesInCash23.94M-8.37M-40.51M-68.47M
FinancingCashFlow18.78M-2.59M20.14M30.60M
CashFlowFromContinuingFinancingActivities18.78M-2.59M20.14M30.60M
NetOtherFinancingCharges35.92M15.81M-1.60M355.00K
CashDividendsPaid0.00-110.00K-2.46M-2.62M
PreferredStockDividendPaid0.000.00
CommonStockDividendPaid-2.46M-2.62M
NetCommonStockIssuance0.00
CommonStockIssuance0.00
NetIssuancePaymentsOfDebt-17.14M-18.29M24.19M32.87M
NetLongTermDebtIssuance-17.14M-18.29M24.19M32.87M
LongTermDebtPayments-190.26M-141.56M-51.09M-240.30M
LongTermDebtIssuance173.13M123.27M75.28M273.17M
InvestingCashFlow3.23M4.49M5.56M-8.50M
CashFlowFromContinuingInvestingActivities3.23M4.49M5.56M-8.50M
NetOtherInvestingChanges858.40K
DividendsReceivedCFI4.07M7.00M0.000.00
NetInvestmentPurchaseAndSale62.00K61.00K927.00K-366.00K
SaleOfInvestment401.00K61.00K927.00K175.00K
PurchaseOfInvestment-339.00K0.000.00-541.00K
NetBusinessPurchaseAndSale0.00-540.00K-664.00K-587.00K
SaleOfBusiness0.000.00336.00K248.00K
PurchaseOfBusiness0.00-540.00K-1.00M-835.00K
NetPPEPurchaseAndSale-903.00K-2.03M5.30M-7.55M
SaleOfPPE6.51M8.81M10.06M11.25M
PurchaseOfPPE-7.42M-10.85M-4.76M-18.80M
OperatingCashFlow1.93M-10.26M-66.20M-90.57M
CashFlowFromContinuingOperatingActivities1.93M-10.26M-66.20M-90.57M
ChangeInWorkingCapital132.79M21.08M-157.70M-163.62M
ChangeInOtherWorkingCapital54.92M62.14M14.30M-179.82M
ChangeInOtherCurrentLiabilities2.54M-4.31M1.26M-5.97M
ChangeInOtherCurrentAssets-1.65M8.54M-2.61M5.22M
ChangeInPayablesAndAccruedExpense-3.65M46.61M-13.55M26.48M
ChangeInPayable-13.55M26.48M
ChangeInAccountPayable-13.55M26.48M
ChangeInTaxPayable142.51K
ChangeInIncomeTaxPayable142.51K
ChangeInPrepaidAssets-1.29M-765.00K
ChangeInReceivables80.64M-91.89M-157.11M-9.53M
ChangesInAccountReceivables9.92M-48.97M-18.43M-7.41M
OtherNonCashItems-3.37M-23.14M-2.35M-2.27M
StockBasedCompensation2.05M891.00K0.000.00
UnrealizedGainLossOnInvestmentSecurities-2.45M-2.35M-2.27M
DeferredTax-44.75M-12.34M-2.10M-271.00K
DeferredIncomeTax-44.75M-12.34M-2.10M-271.00K
DepreciationAmortizationDepletion23.30M30.53M45.70M47.47M
DepreciationAndAmortization23.30M30.53M45.70M47.47M
OperatingGainsLosses-2.57M-8.57M-12.39M-13.42M
EarningsLossesFromEquityInvestments415.00K-7.74M-9.30M-7.24M
GainLossOnInvestmentSecurities224.00K-26.00K-260.00K-1.15M
NetForeignCurrencyExchangeGainLoss-12.00K-109.00K548.00K136.00K
NetIncomeFromContinuingOperations-105.53M-18.71M62.65M41.53M
SEC Filings

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

Public Trades for SLND
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status