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Sterling Construction Amends Credit Agreement for Growth

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Sterling Construction Amends Credit Agreement for Growth

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Sterling Construction ( (STRL) ) has provided an update.

On June 5, 2025, Sterling Infrastructure, Inc. amended its 2019 credit agreement, extending its maturity to June 2028 and increasing the facility size. The amended agreement, led by BMO Capital Markets, includes a $300 million term loan and a $150 million revolving credit facility, with improved financial flexibility and reduced interest margins. This strategic move positions Sterling for growth through organic means and acquisitions, as highlighted by CEO Joe Cutillo.

The most recent analyst rating on (STRL) stock is a Buy with a $185.00 price target. To see the full list of analyst forecasts on Sterling Construction stock, see the STRL Stock Forecast page.

Spark’s Take on STRL Stock

According to Spark, TipRanks’ AI Analyst, STRL is a Outperform.

Sterling Construction’s overall score is driven by strong financial performance and a positive earnings call, showcasing robust growth prospects and strategic initiatives. However, the technical analysis suggests caution due to overbought conditions, and the stock’s valuation appears high, which could limit upside potential in the short term.

To see Spark’s full report on STRL stock, click here.

More about Sterling Construction

Sterling Infrastructure, Inc. operates through subsidiaries in three segments: E-Infrastructure, Transportation, and Building Solutions across various U.S. regions. They provide services like site development for manufacturing and data centers, infrastructure projects for highways and airports, and concrete work for residential and commercial buildings.

Average Trading Volume: 773,293

Technical Sentiment Signal: Buy

Current Market Cap: $6.26B

For an in-depth examination of STRL stock, go to TipRanks’ Stock Analysis page.

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