Sidoti Issues Optimistic Outlook for Southland Earnings

Southland Holdings, Inc. (NASDAQ:SLND) – Sidoti lifted their Q2 2028 earnings estimates for Southland in a report issued on Monday, July 20th. Sidoti analyst J. Romero now anticipates that the company will post earnings per share of $0.14 for the quarter, up from their prior forecast of $0.12. The consensus estimate for Southland’s current full-year earnings is ($2.68) per share.

Separately, Zacks Research raised shares of Southland from a “strong sell” rating to a “hold” rating in a research report on Friday, April 24th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, Southland currently has a consensus rating of “Hold” and a consensus price target of $4.00.

Southland Trading Down 20.0%

Shares of SLND stock opened at $0.64 on Tuesday. Southland has a 52-week low of $0.62 and a 52-week high of $5.34. The company has a debt-to-equity ratio of 2.00, a quick ratio of 1.48 and a current ratio of 1.48. The company has a 50-day simple moving average of $0.96 and a two-hundred day simple moving average of $1.37. The company has a market capitalization of $34.81 million, a price-to-earnings ratio of -0.29 and a beta of 0.80.

Institutional Investors Weigh In On Southland

A number of hedge funds have recently made changes to their positions in SLND. State Street Corp grew its position in Southland by 14.7% during the fourth quarter. State Street Corp now owns 59,003 shares of the company’s stock valued at $196,000 after buying an additional 7,563 shares during the period. Dimensional Fund Advisors LP boosted its stake in Southland by 69.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 43,815 shares of the company’s stock valued at $145,000 after acquiring an additional 17,888 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in Southland by 75.1% in the fourth quarter. Goldman Sachs Group Inc. now owns 68,355 shares of the company’s stock valued at $227,000 after acquiring an additional 29,308 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Southland by 7.3% during the 4th quarter. Geode Capital Management LLC now owns 282,476 shares of the company’s stock valued at $938,000 after acquiring an additional 19,196 shares during the period. Finally, National Bank of Canada FI bought a new position in shares of Southland during the 3rd quarter valued at approximately $515,000. 2.85% of the stock is currently owned by institutional investors.

Southland Company Profile

Southland Holdings, Inc engages in specialty infrastructure construction business in North America and internationally. 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.