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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.
Arcosa, Inc. (NYSE: ACA) has appointed Gail Peck as its new Chief Financial Officer and Treasurer, succeeding Scott C. Beasley, who is resigning to take a CFO role at another company. Peck, who has been with Arcosa since its inception as an independent public company in November 2018, previously held key finance roles at Trinity Industries and Centex Corporation. President and CEO Antonio Carrillo expressed confidence in Peck’s extensive experience and knowledge of the company’s operations, highlighting her expected contributions as Arcosa continues to pursue growth in the infrastructure sector.
Arcosa, Inc. (NYSE: ACA) has declared a quarterly cash dividend of $0.05 per share on its $0.01 par value common stock. This dividend is payable on July 30, 2021 to stockholders of record as of July 15, 2021. Arcosa is a leader in infrastructure-related products, including construction and transportation solutions, and operates through three main segments: Construction Products, Engineered Structures, and Transportation Products.
Arcosa, Inc. (ACA) reported Q1 2021 revenues of $440.4 million, a 10% decline year-over-year. Net income was $15.9 million with diluted EPS at $0.32. Adjusted EBITDA fell 25% to $56.5 million. The company is optimistic, citing robust construction activity and solid order demand in its utility, traffic, and telecom sectors. However, ongoing steel price inflation is a concern, prompting the idling of a barge manufacturing plant. Arcosa raised its full-year revenue guidance to $1.88 billion-$2.00 billion, reflecting recent acquisitions, including StonePoint Materials.
Arcosa, Inc. (NYSE: ACA) has announced it will release its first-quarter results for the period ending March 31, 2021, after market close on April 29, 2021. An earnings call is scheduled for April 30, 2021, at 8:30 a.m. ET to discuss the financial results. The call will be accessible via webcast and phone, with a recording available until May 14, 2021. Arcosa operates in construction, engineered structures, and transportation markets, providing essential infrastructure-related products and solutions.
Arcosa, Inc. (NYSE: ACA) has finalized its acquisition of StonePoint Ultimate Holding, LLC for $375 million. StonePoint ranks among the top 25 aggregates companies in the U.S., with around 9 million tons of annual production across 20 locations. The acquisition is expected to generate at least $30 million in Adjusted EBITDA for 2021. Funding was achieved through a $400 million private offering of senior unsecured notes, which received ratings of BB from S&P and Ba2 from Moody's. The deal is projected to be accretive to earnings and margins, with updates to fiscal guidance expected soon.
Arcosa, Inc. (NYSE: ACA) announced the pricing of its $400 million offering of 4.375% senior notes due 2029. The offering is expected to close on April 6, 2021. Proceeds will finance the acquisition of StonePoint Ultimate Holding, repay existing borrowings, and support general corporate purposes. The Notes will be senior unsecured obligations, guaranteed by domestic subsidiaries. The offering is targeted towards qualified institutional buyers and is not registered under the Securities Act, hence subject to regulations.
Arcosa, Inc. (NYSE: ACA) plans a private offering of $400 million senior notes due in 2029 to fund the acquisition of StonePoint Ultimate Holding, LLC. The net proceeds will also be used to repay borrowings from a $150 million credit facility and for general corporate purposes. The offering is targeted at qualified institutional buyers and is not contingent on the acquisition's completion. The Notes will be senior unsecured obligations, guaranteed by Arcosa’s domestic subsidiaries.
Arcosa, Inc. (NYSE: ACA) has signed a definitive agreement to acquire StonePoint Ultimate Holding, LLC for $375 million in cash. StonePoint is among the top 25 aggregates companies in the U.S., producing approximately 9 million tons annually across 20 locations. The acquisition is projected to be accretive to Arcosa's earnings and margins in 2021, with StonePoint expected to generate $117 million in revenue and $28 million in Adjusted EBITDA. The deal is expected to close in April 2021, funded through cash reserves and available credit.
Arcosa, Inc. (NYSE: ACA) has declared a quarterly cash dividend of $0.05 per share on its common stock. This dividend will be payable on April 30, 2021 to stockholders of record as of April 15, 2021. Arcosa specializes in infrastructure-related products and operates through three main segments: Construction Products, Engineered Structures, and Transportation Products. The announcement reflects the company's commitment to returning value to its shareholders.
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