OTC : CNRD

Conrad Industries, Inc. — News

$30.2 USD

$0.31 (1.04%)

Volume
495
Average Volume
4.65K
Market Capitalization
$151.54M
P/E Ratio
7.89
Dividend Yield
0.00%
Price Target
Year High
$33.33
Year Low
$18.20
Day High
Day Low
Payout Ratio
$0.00
Current Ratio
$2.43
Source Headline
Conrad Industries Announces First Quarter 2026 Results and Backlog

MORGAN CITY, La., May 15, 2026 /PRNewswire/ -- Conrad Industries, Inc. (OTCID: CNRD) announced today its first quarter 2026 results.

prnewswire.com - 2026-05-15 17:48:00

Conrad Industries Is Worth The Volatile Waters The Industry Faces

Conrad Industries is a small-cap shipbuilder trading at a discount to heavy equipment peers, supported by recent revenue and profitability improvements. CNRD shifted from a $27 million net loss in 2023 to a $19.9 million net profit in 2024, with adjusted operating cash flow also turning positive. Despite a declining backlog and order softness, especially in energy, management remains cautiously optimistic for 2026 due to government and infrastructure demand.

seekingalpha.com - 2026-05-06 02:08:21

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CNRD Price Target Summary

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CNRD Recent Analyst Grades

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