Sidoti Issues Positive Forecast for Southland Earnings

Southland Holdings, Inc. (NASDAQ:SLND) – Analysts at Sidoti upped their Q1 2028 earnings per share estimates for shares of Southland in a note issued to 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 estimate 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, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $4.00.

Southland Stock Performance

Shares of SLND stock opened at $0.80 on Wednesday. The stock has a market cap of $43.51 million, a PE ratio of -0.36 and a beta of 0.80. The business has a 50-day simple moving average of $0.97 and a 200-day simple moving average of $1.39. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 2.00. Southland has a 52-week low of $0.62 and a 52-week high of $5.34.

Hedge Funds Weigh In On Southland

Several large investors have recently made changes to their positions in SLND. Rhumbline Advisers raised its position in shares of Southland by 49.3% in the first quarter. Rhumbline Advisers now owns 14,080 shares of the company’s stock worth $42,000 after acquiring an additional 4,649 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of 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 acquiring an additional 4,724 shares in the last quarter. State Street Corp grew its position in shares of Southland by 14.7% during the 4th quarter. State Street Corp now owns 59,003 shares of the company’s stock valued at $196,000 after acquiring an additional 7,563 shares during the period. AQR Capital Management LLC acquired a new stake in shares of Southland during the 1st quarter valued at about $42,000. Finally, Dimensional Fund Advisors LP grew its position in shares of Southland by 69.0% during the 4th 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 period. 2.85% of the stock is currently owned by institutional investors and hedge funds.

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.