Southland Holdings, Inc. (SLND) AI Stock Analysis

Headquartered in Grapevine, Texas, Southland Holdings, Inc. specializes in niche infrastructure construction projects throughout North America and worldwide. Operating through its Civil and Transportation segments, the company designs and constructs critical infrastructure. The Civil segment works on water pipelines, pump stations, lift stations, water and wastewater treatment plants, and complex concrete and structural steel projects such as tunneling and outfall solutions. The Transportation segment builds bridges, roadways, marine infrastructure, ship terminals, piers, and specialized structures, alongside conducting dredging operations. Founded in 1900, the firm delivers specialized engineering and comprehensive project management solutions.

Annual revenue contracted from $1.28B in FY2021 to $772.2M in FY2025, recording a 5-year revenue CAGR of -6.1%. Over that timeframe, net income shifted from $38.7M in FY2021 to -$306.5M in FY2025, while operating margin moved from 4.4% to -28.1%. Gross margin also deteriorated from 8.9% in FY2021 to -20.1% in FY2025. In the latest quarter ended June 30, 2026, quarterly revenue fell 47.4% year-over-year. For the trailing twelve months, revenue was $603.0M, operating margin was -77.6%, and diluted earnings per share came in at -$7.47.

As of June 30, 2026, Southland Holdings held $34.9M in cash and short-term investments against total debt of $226.6M, leaving net debt at $191.7M. Shareholders' equity was negative at -$253.5M against total assets of $784.7M, while the current ratio stood at 1.27. In FY2025, operating cash flow turned positive at $16.6M, yielding free cash flow of $12.7M. For capital allocation in FY2025, capital expenditures consumed $3.8M, share buybacks totaled $120,000, and dividends paid reached $1.8M.

Southland Holdings trades at an enterprise value of $266.3M and a market capitalization of $40.3M. The stock trades at a price-to-sales multiple of 0.1x, below the median of its US-listed Industrials peers of 1.5x. Its EV-to-EBITDA multiple sits at 31.5x, compared to the peer median of 13.9x. The company's price-to-book ratio is 1.2x. Over the past year, the stock fell 83.2%, underperforming the S&P 500 (SPY) return of 16.8%. The share price closed at $0.74 on October 16, 2026, sitting 36.1% below its 200-day average.

Wall Street coverage consists of 2 Strong Buy ratings, 0 Buy ratings, and 1 Hold rating. The mean price target is $3.00, representing an upside of 305.4% from the last close of $0.74. For the fiscal year ending December 31, 2026, analysts estimate an EPS of -$2.52 on revenue of $611.5M. The company recorded 0 EPS beats over the last 4 quarters. The next earnings date is November 11, 2026.

This page is an AI-written research summary of Southland Holdings, Inc. (SLND). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: SLND income statement, SLND balance sheet, SLND key metrics, SLND analyst forecast, SLND chart. See the SLND stock overview for the latest quote and news.