CRH (NYSE:CRH) Announces Quarterly Earnings Results

CRH (NYSE:CRH - Get Free Report) issued its quarterly earnings results on Monday. The construction company reported ($0.12) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.06) by ($0.06), Zacks reports. CRH had a return on equity of 16.35% and a net margin of 9.86%. CRH updated its FY 2025 guidance to 5.340-5.800 EPS.

CRH Stock Performance

CRH stock traded down $0.30 during midday trading on Monday, reaching $98.21. 5,743,749 shares of the company were exchanged, compared to its average volume of 5,755,435. The company has a market cap of $66.42 billion, a price-to-earnings ratio of 19.64, a price-to-earnings-growth ratio of 1.15 and a beta of 1.30. CRH has a 1-year low of $71.18 and a 1-year high of $110.97. The stock's 50-day simple moving average is $92.03 and its 200 day simple moving average is $96.11.

CRH Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 25th. Investors of record on Friday, May 23rd will be issued a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 1.51%. CRH's dividend payout ratio (DPR) is 22.66%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on CRH shares. JPMorgan Chase & Co. dropped their price objective on shares of CRH from $118.00 to $114.00 and set an "overweight" rating for the company in a report on Tuesday, March 11th. StockNews.com raised CRH from a "hold" rating to a "buy" rating in a research report on Thursday, February 27th. Loop Capital initiated coverage on CRH in a report on Wednesday, April 9th. They issued a "buy" rating and a $114.00 target price for the company. Citigroup cut their price target on CRH from $120.00 to $115.00 and set a "buy" rating on the stock in a report on Monday, January 6th. Finally, Berenberg Bank set a $120.00 price objective on CRH in a research note on Friday, February 28th. Eleven research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of $112.36.

About CRH

CRH plc, together with its subsidiaries, provides building materials solutions in Ireland and internationally. It operates through four segments: Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions, and Europe Building Solutions. The company provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings; and produces and sells aggregates, cement, readymixed concrete, and asphalt, as well as provides paving and construction services.

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