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SLND · AMEX · Engineering & Construction

Southland (SLND)

Builds complex water, transportation, marine, tunneling, and specialty-structure projects.

$0.6497
vs last close+0.03 (+5.47%)
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Southland Holdings, Inc.SLND
Industrials

Builds water, transportation, marine, tunneling, and specialty-structure projects through Civil and Transportation segments, typically as prime contractor. Most revenue comes from public-sector-funded contracts and is recognized over time under fixed-price arrangements.

Builds water pipelines, pump and lift stations, treatment facilities, tunnels, bridges, roadways, marine works, dredging, and specialty structures through Civil and Transportation segments. Work is delivered under the Oscar Renda Contracting, Southland Contracting, Mole Constructors, Johnson Bros., American Bridge, and Heritage Materials brands.

Competes for most projects through bidding, usually serving as prime contractor and self-performing work with its own labor, supervision, and equipment while subcontracting selected specialties. Public agencies and authorities fund the majority of revenue, and operations are principally across North America, with large projects in Canada and the Bahamas.

Relies on fixed-price contracts, cost-to-complete estimates, surety bonds, and pre-qualification; disputes over claims or project costs can reverse previously recognized revenue. Bonding capacity is tied to working capital, capitalization, indebtedness, past performance, and underwriter decisions.

Company facts

CEOFrank S. Renda
ListedFeb 16, 2023
ExchangeAMEX
HeadquartersGrapevine, TX
CountryUnited States
Employees1,800
CIK0001883814
ISINUS84445C1009

Market cap$33.4M
EPS (ttm)−$7.46
P/E (ttm)−0.0826
ROE
P/B
P/S0.0554
Dividend yieldDiv yield
Beta−0.10vs XLI 0.14

Price target$4.00+545.2%Average of 2 analysts
ConsensusBuy1 of 2 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

No analyst notes in the last 24 months.

Next report
Nov 11, 26
in 50 days
EPS estimate
−$0.13
Revenue estimate
$162.5M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported−$0.09−$0.08−$0.19−$1.39−$4.00−$0.52−$1.55Pending
Estimate−$0.57−$0.41−$0.28−$0.21−$0.21−$0.45−$0.43−$0.13
Surprise+84.2%+80.5%+32.1%−561.9%−1,804.8%−15.6%−264.7%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$267.3M$239.5M$215.4M$213.3M$104.0M$172.4M$113.3MPending
Estimate$228.8M$245.8M$259.8M$241.5M$212.1M$172.2M$175.5M$162.5M
Surprise+16.8%−2.6%−17.1%−11.7%−51.0%+0.1%−35.4%
Estimate−$0.13
ReportedDue Nov 11, 2026
Estimate$162.5M
ReportedDue Nov 11, 2026
View details

Current ratio127.40%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$173.3M$267.3M$239.5M$215.4M$213.3M$104.0M$172.4M$113.3M
Net income−$54.7M−$4.2M−$4.6M−$10.3M−$75.3M−$216.4M−$28.4M−$84.3M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$68.6M−$8.0M$5.0M−$209.0K−$11.3M−$210.4M−$19.7M−$87.9M
YoY growthTurned loss−16.8%Loss narrowedLoss narrowedLoss widenedTurned lossLoss widened

Balance sheet, Jun 30, 2026Cash & short-term investments $34.9M · Total debt $226.6M · Total assets $784.7M · Shareholders' equity −$253.5M

Revenue
$113.3M
Operating income
−$87.9M
Net income
−$84.3M
View details

No dividends on record.

Institutions12.64%6.88M shares
62 holders · as of Jun 30, 2026
Insiders69.56%37.87M shares
7 holders · as of Aug 18, 2026
Other17.80%9.69M shares
remainder

54.44M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Frankie "Frank" S. RendaInsider
51.09%27.81Mfiled Dec 31, 2024
Rudolph "Rudy" V. RendaInsider
16.92%9.21Mfiled Dec 31, 2024
Gendell Jeffrey LInstitution
4.27%2.32Mas of Jun 30, 2026
Palogic Value Management, L.P.Institution
1.25%682,151as of Jun 30, 2026
Raymond James Financial IncInstitution
1.25%681,730as of Jun 30, 2026

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

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