CEMEX (CX) Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CEMEX in the last year. There are currently 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" CX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CX, but not buy additional shares or sell existing shares.
View CX analyst ratings or view top-rated stocks.

7 brokers have issued 1-year target prices for CEMEX's stock. Their CX share price forecasts range from $4.00 to $9.00. On average, they predict the company's stock price to reach $6.28 in the next twelve months. This suggests that the stock has a possible downside of 0.4%.
View analysts price targets for CX or view top-rated stocks among Wall Street analysts.

CEMEX's stock was trading at $4.05 on January 1st, 2023. Since then, CX shares have increased by 55.6% and is now trading at $6.30.
View the best growth stocks for 2023 here.

CEMEX saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 9,430,000 shares, a decline of 6.8% from the April 30th total of 10,120,000 shares. Based on an average daily volume of 6,820,000 shares, the days-to-cover ratio is currently 1.4 days. Currently, 0.6% of the company's stock are sold short.
View CEMEX's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our CX earnings forecast.

CEMEX, S.A.B. de C.V. (NYSE:CX) issued its quarterly earnings results on Wednesday, February, 10th. The construction company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.02. The construction company earned $3.54 billion during the quarter. CEMEX had a net margin of 5.52% and a trailing twelve-month return on equity of 5.13%.
Read the conference call transcript.

ETFs with the largest weight of CEMEX (NYSE:CX) stock in their portfolio include AdvisorShares Dorsey Wright ADR ETF (AADR), Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE) and Dimensional Emerging Markets Value ETF (DFEV).Dimensional Emerging Markets Core Equity 2 ETF (DFEM) and

CEMEX (NYSE:CX) pays an annual dividend of $0.10 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 16.50%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CX will have a dividend payout ratio of 12.69% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CX.

18 employees have rated CEMEX Chief Executive Officer Jaime Muguiro on Glassdoor.com. Jaime Muguiro has an approval rating of 77% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other CEMEX investors own include Alibaba Group (BABA), Bank of America (BAC), Energy Transfer (ET), Wells Fargo & Company (WFC), General Electric (GE), Ford Motor (F), Boeing (BA), Bristol-Myers Squibb (BMY), Citigroup (C) and Intel (INTC).

CEMEX trades on the New York Stock Exchange (NYSE) under the ticker symbol "CX."

CEMEX's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include FMR LLC (3.45%), Brandes Investment Partners LP (2.41%), BlackRock Inc. (0.93%), Perpetual Ltd (0.77%), Dimensional Fund Advisors LP (0.74%) and Allspring Global Investments Holdings LLC (0.73%).

Shares of CX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CX stock can currently be purchased for approximately $6.30.

CEMEX (NYSE:CX) has a market capitalization of $9.13 billion and generates $15.89 billion in revenue each year. The construction company earns $858 million in net income (profit) each year or $0.60 on an earnings per share basis.

The company employs 43,853 workers across the globe.

CEMEX's mailing address is Avenida Ricardo Margain Zozaya 325 Colonia Valle del Campestre, Garza Garcia Nuevo Leon O5, 66265. The official website for the company is www.cemex.com. The construction company can be reached via phone at 528188884292, via email at pierre.co@cemex.com, or via fax at 52-81-8888-4483.