Cardinal Infrastructure Group Inc.

4 months ago · seekingalpha.com

Cardinal Infrastructure Group is rated Buy with a $107/share price target, driven by a robust backlog and aggressive regional expansion. CDNL's vertically integrated model and recent acquisitions, including ALGC and Piedmont Pipe, are expected to enhance margins and operational efficiency. The new asphalt facility in North Carolina marks a strategic move into materials production, aiming to improve cost structure and support margin expansion.

4 months ago · prnewswire.com

RALEIGH, N.C., June 30, 2026 /PRNewswire/ -- Cardinal Infrastructure Group, Inc. (Nasdaq: CDNL) ("Cardinal" or "the Company") today announced the completion of construction on its first asphalt processing plant near Raleigh, a milestone in the Company's strategy to own all aspects of civil infrastructure delivery across its growing footprint.

4 months ago · prnewswire.com

RALEIGH, N.C., June 26, 2026 /PRNewswire/ -- Cardinal Infrastructure Group, Inc. (the "Company" or "Cardinal") (Nasdaq: CDNL) today announced that it has closed its upsized underwritten public offering of 4,000,000 shares of its Class A common stock at a price to the public of $73.00 per share.

4 months ago · prnewswire.com

RALEIGH, N.C., June 24, 2026 /PRNewswire/ -- Cardinal Infrastructure Group, Inc. (the "Company" or "Cardinal") (Nasdaq: CDNL) today announced the pricing of an upsized underwritten public offering of 4,000,000 shares of its Class A common stock at a price to the public of $73.00 per share, for total gross proceeds of approximately $292 million, before underwriting discounts, commissions and other offering expenses.