STOCK TITAN

Arcosa, Inc. - ACA STOCK NEWS

Welcome to our dedicated page for Arcosa news (Ticker: ACA), a resource for investors and traders seeking the latest updates and insights on Arcosa stock.

Arcosa, Inc. (NYSE: ACA) is a prominent provider of infrastructure-related products and solutions, renowned for its contributions across construction, engineered structures, and transportation markets. Headquartered in Dallas, Texas, Arcosa operates through three principal segments: Construction Products, Engineered Structures, and Transportation Products.

Construction Products: Arcosa's Construction Products segment is a leading supplier of construction aggregates, including natural and recycled materials, as well as trench shields and shoring products. Recent acquisitions have expanded their footprint in Florida, Arizona, and Texas, enhancing their product offerings and operational efficiency. This segment continues to benefit from strong pricing momentum and market tailwinds.

Engineered Structures: The Engineered Structures segment specializes in manufacturing utility, wind, and related structures, including structural wind towers and telecommunication structures. The recent acquisition of Ameron Pole Products LLC enhances Arcosa's market position, adding premium concrete and steel poles to their portfolio. This segment is poised for growth with ongoing projects, such as the new wind tower facility in New Mexico, which is set to begin production in mid-2024.

Transportation Products: Arcosa's Transportation Products segment caters to the inland waterway and rail transportation industries. The segment has shown significant growth with increased barge revenues and improved margins. Recent orders have extended their backlog into 2025, highlighting continued demand and operational efficiency.

Financially, Arcosa has demonstrated robust performance with strong revenue and Adjusted EBITDA growth. The company’s strategic acquisitions and disciplined capital allocation have positioned it well for sustained growth. Additionally, Arcosa is committed to sustainability, with significant reductions in greenhouse gas emissions and water consumption, alongside initiatives to enhance safety and community engagement.

Looking ahead, Arcosa's solid balance sheet and liquidity, combined with strategic acquisitions and organic growth initiatives, position it for continued success in its key markets.

Rhea-AI Summary
Arcosa, Inc. (NYSE: ACA) will release Q4 and full year 2023 results on Feb 22, 2024, followed by an earnings call on Feb 23, 2024. The call details and webcast link are provided for access. A recording and replay will be available for a limited time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.28%
Tags
-
News
Rhea-AI Summary
Arcosa, Inc. (NYSE: ACA) has declared a regular quarterly cash dividend of $0.05 per share on its $0.01 par value common stock. The dividend is payable on January 31, 2024, to stockholders of record as of January 12, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.02%
Tags
dividends
-
Rhea-AI Summary
Arcosa, Inc. (NYSE: ACA) announced its Q3 2023 results, reporting a 2% decrease in revenues to $591.7 million. However, excluding the impact from the divested storage tanks business, revenues increased by 10%. Adjusted EBITDA grew by 24% to $89.4 million, excluding the divested business. The Construction and Transportation Products segments drove the company's growth, while the Engineered Structures segment declined. The company completed three acquisitions for $41 million, expanding its footprint at attractive valuations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.35%
Tags
Rhea-AI Summary
Arcosa, Inc. to release Q3 2023 results on November 1, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3%
Tags
-
News
Rhea-AI Summary
Arcosa declares regular quarterly cash dividend of $0.05 per share on its common stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.19%
Tags
dividends
-
Rhea-AI Summary
Arcosa, Inc. announced that President Biden toured their new Arcosa Wind Towers manufacturing site in Belen, New Mexico. The company has received $1.1 billion of orders for new wind towers since the passage of the Inflation Reduction Act. They are investing $55-60 million in a new wind tower manufacturing facility in Belen, supported by incentives from the state and city. Production is expected to begin in mid-2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.49%
Tags
none
Rhea-AI Summary
Arcosa, Inc. (NYSE: ACA) announced solid growth in construction and transportation businesses, offsetting anticipated second-quarter mix headwinds in utility structures. Operating cash flow increased by 47%, and the company raised the low end of its full-year 2023 revenue and adjusted EBITDA guidance. The divestiture of its storage tanks business was completed on October 3, 2022, and financial results for this business were historically included in the Engineered Structures segment as part of continuing operations until the date of sale. Despite a 3% decrease in revenues, excluding the impact from the divested business, there was an 8% increase. Adjusted EBITDA surpassed last year's record results, normalizing for the divestiture of the storage tanks business. President and CEO Antonio Carrillo expressed satisfaction with the second quarter's performance, highlighting successful advancements in pricing, cost management, and solid unit profitability in natural and recycled aggregates within the Construction Products segment. However, operating inefficiencies in the specialty materials business impacted overall adjusted segment EBITDA margins. The wind towers business performed well, benefiting from tax credits, while anticipated product mix headwinds in the utility structures business resulted in lower overall segment profitability. The company remains optimistic about a stronger second half.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.59%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.53%
Tags
-
News
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.16%
Tags
dividends
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.66%
Tags
none

FAQ

What is the current stock price of Arcosa (ACA)?

The current stock price of Arcosa (ACA) is $108.34 as of November 21, 2024.

What is the market cap of Arcosa (ACA)?

The market cap of Arcosa (ACA) is approximately 5.3B.

What is Arcosa, Inc. known for?

Arcosa, Inc. is known for providing infrastructure-related products and solutions with leading positions in construction, engineered structures, and transportation markets.

What are the main segments of Arcosa's operations?

Arcosa operates through three main segments: Construction Products, Engineered Structures, and Transportation Products.

What recent acquisition has Arcosa completed?

Arcosa recently completed the acquisition of Ameron Pole Products LLC, expanding its portfolio to include premium concrete and steel poles.

How has Arcosa performed financially?

Arcosa has shown robust financial performance with increased revenues and Adjusted EBITDA, driven by strategic acquisitions and organic growth.

What sustainability initiatives has Arcosa undertaken?

Arcosa has focused on reducing greenhouse gas emissions and water consumption, enhancing safety standards, and supporting community engagement initiatives.

What is Arcosa's outlook for 2024?

Arcosa's outlook for 2024 is strong, with increased revenue and Adjusted EBITDA guidance, driven by the Ameron acquisition and ongoing growth initiatives.

Where is Arcosa headquartered?

Arcosa is headquartered in Dallas, Texas.

What recent projects has Arcosa undertaken in the Engineered Structures segment?

Arcosa is advancing projects like the new wind tower facility in New Mexico, which is set to begin production in mid-2024.

How does Arcosa support its growth strategy?

Arcosa supports its growth strategy through strategic acquisitions, disciplined capital allocation, and ongoing investments in organic growth projects.

What is Arcosa's stock symbol?

Arcosa's common stock is traded on the New York Stock Exchange under the symbol ACA.

Arcosa, Inc.

NYSE:ACA

ACA Rankings

ACA Stock Data

5.29B
48.14M
1.3%
92.23%
1.2%
Engineering & Construction
Fabricated Structural Metal Products
Link
United States of America
DALLAS