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Bowman Consulting Group Ltd. - BWMN STOCK NEWS

Welcome to our dedicated page for Bowman Consulting Group Ltd. news (Ticker: BWMN), a resource for investors and traders seeking the latest updates and insights on Bowman Consulting Group Ltd. stock.

Bowman Consulting Group Ltd. (symbol: BWMN) is a dynamic and diversified professional services firm dedicated to delivering superior engineering solutions across various sectors. The company provides a wide range of services including planning, engineering, construction management, commissioning, environmental consulting, geospatial services, survey, and land procurement. Bowman Consulting serves customers in numerous end markets, such as real estate, energy, and infrastructure.

Recognized for its outstanding client relationships and growth-focused strategies, Bowman Consulting has successfully met market demands through innovative service offerings and expansion into new locations. Their flexible approach combines the depth of resources typical of large design firms with the agility of boutique firms. Bowman Consulting's team comprises some of the industry's most respected professionals, ensuring top-notch service delivery.

Recent achievements highlight Bowman Consulting's competence in delivering high-quality outcomes. They focus on Civil & Site Engineering, Transportation Engineering, MEP Engineering, Commissioning & Energy Efficiency, Energy Services, Water/Wastewater, Fire Protection, Construction Management, Survey/Geospatial, Environmental Consulting, Structural Engineering, Land Procurement & Right-of-Way, Landscape, and Architecture/Planning. Their integrated approach provides clients peace of mind and exceptional service.

Currently, Bowman Consulting is involved in several key projects aimed at enhancing infrastructure and supporting sustainable development. The company's commitment to innovative solutions and responsive service continues to drive its success in the market.

News

Bowman Adds Commentary to 2023 Pre-Release and Announces Acquisition of Transportation and Bridge Design Firm Speece Lewis Engineers

Rhea-AI Summary
Bowman Consulting Group Ltd. issues additional commentary on its 2023 pre-release of non-GAAP financial metrics and announces the acquisition of Speece Lewis Engineers. The company affirms its 2024 guidance and discusses strong demand for services, backlog growth, and future growth prospects. The acquisition of Speece Lewis enhances Bowman's national transportation engineering practice and adds revenue synergies beyond transportation.
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Bowman Consulting Group Announces Earnings Release Schedule and Preliminary 2023 Financial Results

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Bowman Consulting Group Ltd. (NASDAQ: BWMN) announced the scheduling of its 2023 earnings release and investor conference call. Preliminary results for fiscal 2023 Net Service Billing and Adjusted EBITDA were shared, with expectations of approximately $303 million in Net Service Billing and $44.5 to $46.0 million in Adjusted EBITDA. The Company highlighted a larger seasonal impact on utilization in December across its core and acquired operations.
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Bowman Appoints Mark Borushko to Grow Company’s Public and Private Sector Practice in the West

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Bowman Consulting Group Ltd. (NASDAQ: BWMN) appoints Mark Borushko as senior vice president, West, to lead expansion of comprehensive services across the Western United States. Borushko's expertise in operational management, strategic planning, and business development will drive the company's growth in private development, public works, and transportation practices in the region.
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Bowman Acquires Trudell Consulting Engineers in Burlington, Vermont

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Bowman Consulting Group Ltd. (BWMN) has announced the acquisition of Trudell Consulting Engineers and its Vermont Underground Locators subsidiary, expanding its services in Vermont. The acquisition is expected to be immediately accretive and will operate at an annualized net service billing run rate of approximately $4.5 million.
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Bowman Awarded $1.9 Million in New Arizona Mining Contracts

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Bowman Consulting Group Ltd. secures $1.9 million in new mining contracts in Arizona, providing comprehensive design and construction quality assurance services for mining infrastructure and mineral processing facilities. The contracts reflect the company's mining expertise and commitment to delivering best-in-class services for clients' projects.
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Bowman Adds Sharif Abou-Sabh, PE, to Expand National Transportation Program Management Initiative

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Bowman Consulting Group Ltd. (BWMN) announces the addition of Sharif Abou-Sabh, PE, as senior vice president and director of the Company’s expanding national transportation program management practice. Mr. Abou-Sabh will focus on securing large-scale program management assignments from state transportation authorities, primarily funded under the Infrastructure Investment & Jobs Act (IIJA). His experience managing multi-billion-dollar projects will qualify Bowman as a program management candidate for large-scale IIJA funded programs. Sharif's addition is expected to increase Bowman's reach within the transportation infrastructure community.
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Bowman Ranked #3 on Forbes’ List of Most Successful Small Cap Companies in America

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Bowman Consulting Group Ltd. (BWMN) has been ranked #3 on Forbes’ list of Most Successful Small Cap Companies in America, following significant growth and service diversification. The company's commitment to technology adoption and revenue synergy has contributed to its market value increase and this recognition.
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Bowman Acquires Phoenix-based Hess-Rountree, Inc.

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Bowman Consulting Group Ltd. (NASDAQ: BWMN) has announced the acquisition of Hess-Rountree, Inc., a full-service engineering firm based in Phoenix, Arizona. Hess-Rountree specializes in civil engineering, land surveying, 3D laser scanning, UAV aerial mapping, and renewable energy, educational, and sports facilities projects. The acquisition is expected to contribute to Bowman's national practice areas and is financed with a combination of cash, seller notes, and equity. The acquisition is anticipated to operate at an annualized net service billing run rate of approximately $3 million.
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Bowman Welcomes David Kelly, PE, CFM, as Branch Manager for Orlando, FL Expansion

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Bowman Consulting Group Ltd. (BWMN) proudly announces the opening of its newest office in Orlando, FL, led by industry veteran David Kelly. The new location will offer civil engineering and land development services, with plans for future expansion. This strategic move aims to establish Bowman as a key player in the local land development market, focusing on residential sectors.
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Bowman Announces Authorization of New Share Repurchase Program

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Bowman Consulting Group Ltd. (Nasdaq: BWMN) announced a new $10 million share repurchase program authorized by its Board of Directors, effective from November 17, 2023, through November 16, 2024. The program aims to repurchase up to $10 million of Bowman’s common stock, consistent with the Company’s strategic initiatives prioritizing investments in organic and acquisitive growth.
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FAQ

What is the current stock price of Bowman Consulting Group Ltd. (BWMN)?

The current stock price of Bowman Consulting Group Ltd. (BWMN) is $24.39 as of December 20, 2024.

What is the market cap of Bowman Consulting Group Ltd. (BWMN)?

The market cap of Bowman Consulting Group Ltd. (BWMN) is approximately 415.4M.

What services does Bowman Consulting Group Ltd. offer?

Bowman Consulting provides services including planning, engineering, construction management, commissioning, environmental consulting, geospatial services, survey, and land procurement.

In which markets does Bowman Consulting operate?

Bowman Consulting operates in diverse end markets such as real estate, energy, and infrastructure.

What are some of Bowman Consulting's key services in engineering?

Key services include Civil & Site Engineering, Transportation Engineering, MEP Engineering, and Structural Engineering.

What recent achievements has Bowman Consulting made?

Recent achievements include successful delivery of high-quality outcomes in several projects and expansion into new service offerings and locations.

How does Bowman Consulting ensure client satisfaction?

Bowman Consulting focuses on outstanding client relationships, flexible service delivery, and exceeding client expectations through exceptional service.

What sets Bowman Consulting apart from other firms?

Bowman combines the depth of resources of large firms with the agility of boutique firms, and is led by some of the field's most respected professionals.

What ongoing projects is Bowman Consulting involved in?

Bowman Consulting is currently involved in key projects aimed at enhancing infrastructure and supporting sustainable development.

Who are the clients of Bowman Consulting?

Clients include those who own, develop, and maintain the built environment across various sectors.

How does Bowman Consulting stay responsive to market demands?

Bowman anticipates market needs through innovative service offerings, strategic growth, and expansion into new locations.

What is the stock symbol for Bowman Consulting Group Ltd.?

The stock symbol for Bowman Consulting Group Ltd. is BWMN.

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Bowman Consulting Group Ltd.

Nasdaq:BWMN

BWMN Rankings

#3248 Ranked by Market Cap
N/A Ranked by Dividends

BWMN Stock Data

415.37M
14.17M
19.23%
58.29%
2.32%
Engineering & Construction
Services-management Consulting Services
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United States of America
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