Sidoti Comments on Southland’s Q1 Earnings (NASDAQ:SLND)

Southland Holdings, Inc. (NASDAQ:SLND) – Research analysts at Sidoti boosted their Q1 2028 earnings estimates for Southland in a research report issued to clients and investors on Monday, July 20th. Sidoti analyst J. Romero now anticipates that the company will post earnings per share of ($0.13) for the quarter, up from their prior forecast of ($0.20). The consensus estimate for Southland’s current full-year earnings is ($2.68) per share.

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

Southland Stock Down 5.0%

Shares of NASDAQ:SLND opened at $0.61 on Wednesday. The company has a fifty day moving average of $0.95 and a 200-day moving average of $1.36. The company has a market capitalization of $33.08 million, a PE ratio of -0.27 and a beta of 0.80. The company has a debt-to-equity ratio of 2.00, a quick ratio of 1.48 and a current ratio of 1.48. Southland has a 52-week low of $0.55 and a 52-week high of $5.34.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in SLND. Rhumbline Advisers increased its holdings in Southland by 49.3% in the first quarter. Rhumbline Advisers now owns 14,080 shares of the company’s stock valued at $42,000 after purchasing an additional 4,649 shares during the period. Goldman Sachs Group Inc. lifted its holdings in Southland by 18.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 30,613 shares of the company’s stock worth $92,000 after buying an additional 4,724 shares during the period. State Street Corp lifted its holdings in Southland by 14.7% during the 4th quarter. State Street Corp now owns 59,003 shares of the company’s stock worth $196,000 after buying an additional 7,563 shares during the period. AQR Capital Management LLC acquired a new position in Southland during the 1st quarter worth about $42,000. Finally, Dimensional Fund Advisors LP grew its position in shares of Southland by 69.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 43,815 shares of the company’s stock valued at $145,000 after buying an additional 17,888 shares during the last quarter. Institutional investors own 2.85% of the company’s stock.

About Southland

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.