CDNL
NASDAQCardinal Infrastructure Group Inc.
Price$63.26-5.46 (-7.95%)
01:45 PM07:45 PM
News · 26 weeks50-92%
2026-01-252026-07-19
Mix2990d
- Insider9(31%)
- SEC Filings6(21%)
- Other8(28%)
- Offering3(10%)
- Earnings2(7%)
- Leadership1(3%)
Latest news
25 items- PRCardinal Infrastructure Group Announces Completion of First Asphalt PlantRALEIGH, 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. The plant is capable of producing 400 tons of hot mix asphalt per hour and gives Cardinal direct control over mix design, production scheduling and material quality. The plant further enhances Cardinal's ability to deliver on tight project t
- PRCardinal Infrastructure Group Announces Closing of Upsized Public Offering of Class A Common Stock and Full Exercise of Underwriters' Option to Purchase Additional SharesRALEIGH, 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. In addition, the underwriters have exercised in full their option to purchase 600,000 additional shares of Class A common stock on the same terms and conditions. All shares were offered by the Company. Total gross proceeds of the offering were approximately $336 million, before underwriting discounts, commissions and other offering expenses.
- SECSEC Form 424B4 filed by Cardinal Infrastructure Group Inc.424B4 - Cardinal Infrastructure Group Inc. (0002079999) (Filer)
- SECSEC Form EFFECT filed by Cardinal Infrastructure Group Inc.EFFECT - Cardinal Infrastructure Group Inc. (0002079999) (Filer)
- PRCardinal Infrastructure Group Announces Pricing of Upsized Public OfferingRALEIGH, 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. Cardinal has granted the underwriters a 30-day option to purchase up to an additional 600,000 shares of Class A common stock. The offering is expected to close on June 26, 2026, subject to customary closing conditions.
- SECSEC Form S-1MEF filed by Cardinal Infrastructure Group Inc.S-1MEF - Cardinal Infrastructure Group Inc. (0002079999) (Filer)
- PRCardinal Infrastructure Group Announces Proposed Public Offering of Common StockRALEIGH, N.C., June 22, 2026 /PRNewswire/ -- Cardinal Infrastructure Group, Inc. (the "Company" or "Cardinal") (NASDAQ:CDNL) today announced a proposed, underwritten public offering of its Class A common stock. The offering consists of 3,750,000 shares of Class A common stock being offered by the Company. All shares as a part of the proposed offering are being offered by Cardinal. In addition, the Company intends to grant the underwriters a 30-day option to purchase up to an additional 562,500 shares of Class A common stock at the public offering price, less underwriting discounts and commissions.
- SECSEC Form S-1 filed by Cardinal Infrastructure Group Inc.S-1 - Cardinal Infrastructure Group Inc. (0002079999) (Filer)
- INSIDERDirector Lee Richard Melvin Jr. was granted 1,941 shares, increasing direct ownership by 6% to 34,254 units (SEC Form 4)4 - Cardinal Infrastructure Group Inc. (0002079999) (Issuer)
- INSIDERDirector Shanfelter Austin J was granted 1,941 shares, increasing direct ownership by 20% to 11,529 units (SEC Form 4)4 - Cardinal Infrastructure Group Inc. (0002079999) (Issuer)
- INSIDERDirector Wimmer Richard Bennett was granted 2,023 shares, increasing direct ownership by 10% to 21,849 units (SEC Form 4)4 - Cardinal Infrastructure Group Inc. (0002079999) (Issuer)
- INSIDERDirector Zelman Ivy was granted 1,817 shares, increasing direct ownership by 10% to 20,244 units (SEC Form 4)4 - Cardinal Infrastructure Group Inc. (0002079999) (Issuer)
- SECCardinal Infrastructure Group Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders8-K - Cardinal Infrastructure Group Inc. (0002079999) (Filer)
- PRCardinal Infrastructure Group Announces Acquisition of Piedmont Pipe ConstructionRALEIGH, N.C., June 2, 2026 /PRNewswire/ -- Cardinal Infrastructure Group, Inc., (NASDAQ:CDNL) ("Cardinal" or "the Company") announced the acquisition of Piedmont Pipe Construction, Inc., ("Piedmont"). Founded in 1999, Piedmont is a leading wet utilities provider across North and South Carolina. Headquartered near Charlotte, NC, this acquisition expands Cardinal's wet utility capabilities in the high-growth Charlotte market. Piedmont will operate under the Cardinal Civil Contracting brand. "We are pleased to welcome Piedmont to the Cardinal family," said Jeremy Spivey, Chairman
- INSIDERCHIEF OPERATING OFFICER Wood Benjamin bought $1,025,900 worth of shares (20,000 units at $51.30) (SEC Form 4)4 - Cardinal Infrastructure Group Inc. (0002079999) (Issuer)
- ANALYSTOppenheimer initiated coverage on Cardinal Infrastructure Group Inc. with a new price targetOppenheimer initiated coverage of Cardinal Infrastructure Group Inc. with a rating of Outperform and set a new price target of $60.00
- PRCardinal Infrastructure Group Strengthens Operational Leadership Across its FootprintRALEIGH, N.C., May 21, 2026 /PRNewswire/ -- Cardinal Infrastructure Group, Inc., (NASDAQ:CDNL) announced today the promotion of Marisa Hodes to Vice President of the Carolinas and the formal appointment of Chace Adams as Safety Director, recognizing two leaders whose work has shaped Cardinal's growth across the Southeast. "Marisa and Chace are incredible leaders and exemplify what makes Cardinal great," said Jeremy Spivey, Chairman and Chief Executive Officer. "Marisa's promotion reflects five years of real results and Chace has built a safety culture that makes everything else
- PRCardinal Infrastructure Group to Participate in Upcoming Investor ConferencesRALEIGH, N.C., May 19, 2026 /PRNewswire/ -- Cardinal Infrastructure Group, Inc., (NASDAQ:CDNL), announced today that management will participate in the Stifel Cross Sector Conference and William Blair Growth Stock Conference on June 2 and 3, 2026. Stifel Cross Sector Conference: Mike Rowe, Chief Financial Officer, will meet with institutional investors June 2-3, 2026, in Boston, MA. This event is only available to Stifel clients.William Blair Growth Stock Conference: Jeremy Spivey, Chairman and Chief Executive Officer, and Benji Wood, Chief Operating Officer, will meet with inst
- SECAmendment: SEC Form SCHEDULE 13G/A filed by Cardinal Infrastructure Group Inc.SCHEDULE 13G/A - Cardinal Infrastructure Group Inc. (0002079999) (Subject)
- SECAmendment: SEC Form SCHEDULE 13G/A filed by Cardinal Infrastructure Group Inc.SCHEDULE 13G/A - Cardinal Infrastructure Group Inc. (0002079999) (Subject)
- SECSEC Form 10-Q filed by Cardinal Infrastructure Group Inc.10-Q - Cardinal Infrastructure Group Inc. (0002079999) (Filer)
- SECCardinal Infrastructure Group Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits8-K - Cardinal Infrastructure Group Inc. (0002079999) (Filer)
- PRCardinal Infrastructure Group Inc. Announces First Quarter 2026 Results and Raises 2026 OutlookRALEIGH, N.C., May 12, 2026 /PRNewswire/ -- Cardinal Infrastructure Group Inc. (NASDAQ:CDNL) ("Cardinal" or the "Company"), today announced first quarter 2026 financial results and raised guidance for the full year 2026. First Quarter Highlights*: Revenue of $167.5 million; up 105% in total or 64% organically year-over-yearNet income of $11.5 million; up 73% from first quarter 2025Adjusted EBITDA of $26.8 million, up 84% year-over-yearBacklog as of March 31, 2026 was $854 million, up 60% from the prior year*See "Non-GAAP Financial Measures" below for a discussion of our use of
- INSIDERDirector Lee Richard Melvin Jr. was granted 3,101 shares, increasing direct ownership by 14% to 25,826 units (SEC Form 4)4 - Cardinal Infrastructure Group Inc. (0002079999) (Issuer)
- INSIDERDirector Shanfelter Austin J was granted 3,101 shares, increasing direct ownership by 55% to 8,726 units (SEC Form 4)4 - Cardinal Infrastructure Group Inc. (0002079999) (Issuer)
CDNL FAQ
6 questionsWhere does CDNL stock trade?
Cardinal Infrastructure Group Inc. (CDNL) is listed on NASDAQ.What sector and industry is CDNL in?
Cardinal Infrastructure Group Inc. operates in the Industrials sector, Military/Government/Technical industry.When did Cardinal Infrastructure Group Inc. go public?
Cardinal Infrastructure Group Inc. (CDNL) completed its IPO in 2025.What are analysts saying about CDNL?
Cardinal Infrastructure Group Inc. has had 4 recent analyst actions on file. The most recent action was from Oppenheimer: Outperform on 2026-05-28. Recent price targets cluster around $2800.00.What companies are similar to CDNL?
Notable peers in the same industry include LMT (Lockheed Martin Corporation), TDG (Transdigm Group Incorporated), FER (Ferrovial SE), ESLT (Elbit Systems Ltd.), RKLB (Rocket Lab Corporation). Compare CDNL side-by-side with any of them on Quantisnow.How can I track CDNL on Quantisnow?
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