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- $313.8MMarket Cap
- N/A1-Year Change
- Engineering & ConstructionIndustry
CARDINAL INFRA-A (CDNL)
Key Performance
More- Earnings Score: N/A
- Momentum Score: N/A
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Latest Research & News
Cardinal Infrastructure Group Investigated by the Portnoy Law Firm
The Portnoy Law Firm has initiated an investigation into possible securities fraud at Cardinal Infrastructure Group (NASDAQ: CDNL) and may file a class action lawsuit on behalf of investors. The investigation follows Cardinal's August 11, 2026 earnings report, which revealed a significant decline in gross profit margin to 10.8% from 13.9% year-over-year, attributed to increased subcontracted labor and equipment rental costs. The stock subsequently fell more than 36%.
10/19/2026, 9:00 AM • GlobeNewswire
Why Cardinal Infrastructure Group Stock Just Crashed
Cardinal Infrastructure Group's stock plummeted 27.78% after reporting mixed Q2 earnings. While the company beat revenue expectations ($226.9M vs. $274.7M estimate) and raised full-year guidance to $880-900M, it missed earnings estimates significantly ($0.26 vs. $0.47 per share). Investor concerns center on contracting margins (16-18% guidance down from 20%+) and decelerating backlog growth (35% vs. 60% YoY), suggesting weakening business quality despite strong headline revenue numbers.
08/11/2026, 11:33 AM • The Motley Fool
Cardinal Infrastructure Group Announces Acquisition of Piedmont Pipe Construction
Cardinal Infrastructure Group (NASDAQ: CDNL) announced the acquisition of Piedmont Pipe Construction, Inc., a leading wet utilities provider in North and South Carolina. Founded in 1999, Piedmont will operate under Cardinal's Civil Contracting brand. The acquisition is part of Cardinal's tuck-in strategy to expand density in high-growth regions, particularly the Charlotte metro area, and strengthen its owned labor force and vertical integration capabilities.
06/02/2026, 7:00 AM • Benzinga
Cardinal Infrastructure Group Strengthens Operational Leadership Across its Footprint
Cardinal Infrastructure Group (NASDAQ: CDNL) announced the promotion of Marisa Hodes to Vice President of the Carolinas and the formal appointment of Chace Adams as Safety Director. Hodes has been with the company since 2021 and has managed over $250 million in site development projects, while Adams has built a comprehensive safety program across the Southeast. The promotions reflect the company's focus on developing talent and operational excellence.
05/21/2026, 11:39 AM • Benzinga
Cardinal Infrastructure Group to Participate in Upcoming Investor Conferences
Cardinal Infrastructure Group (NASDAQ: CDNL) announced that management will participate in the Stifel Cross Sector Conference and William Blair Growth Stock Conference on June 2-3, 2026. CFO Mike Rowe will attend the Stifel event in Boston, while CEO Jeremy Spivey and COO Benji Wood will present at the William Blair conference on June 3 at 11:40am ET.
05/19/2026, 10:30 AM • Benzinga
Peers
Statistics
MoreInformation as of 10/22/2026
Company Profile
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.
Key Executives
- Jeremy Spivey
- Erik West
- Mike Rowe
- Tiffany Gidley
- Liz Hester
Current Ownership Distribution
- Institutions50.3M (65.36%)
- Mutual Funds26.4M (34.35%)
- Insiders222,035 (0.29%)
- Other0 (0.00%)