Eagle Materials (EXP) Stock Forecast, Price & News

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eagle Materials in the last twelve months. There are currently 1 sell rating, 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" EXP shares.
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8 analysts have issued 1-year target prices for Eagle Materials' stock. Their EXP share price forecasts range from $149.00 to $230.00. On average, they predict the company's share price to reach $199.80 in the next year. This suggests a possible upside of 23.0% from the stock's current price.
View analysts price targets for EXP or view top-rated stocks among Wall Street analysts.

Eagle Materials' stock was trading at $132.85 at the start of the year. Since then, EXP stock has increased by 22.3% and is now trading at $162.50.
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Eagle Materials saw a increase in short interest in August. As of August 31st, there was short interest totaling 1,310,000 shares, an increase of 47.0% from the August 15th total of 891,400 shares. Based on an average daily volume of 324,000 shares, the days-to-cover ratio is currently 4.0 days. Currently, 3.8% of the company's shares are sold short.
View Eagle Materials' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our EXP earnings forecast.

Eagle Materials Inc. (NYSE:EXP) posted its quarterly earnings data on Thursday, July, 27th. The construction company reported $3.55 earnings per share for the quarter, topping the consensus estimate of $3.54 by $0.01. The construction company had revenue of $601.50 million for the quarter, compared to the consensus estimate of $603.11 million. Eagle Materials had a trailing twelve-month return on equity of 40.68% and a net margin of 21.82%. The firm's quarterly revenue was up 7.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.82 earnings per share.

Eagle Materials declared a quarterly dividend on Tuesday, August 8th. Stockholders of record on Friday, September 15th will be given a dividend of $0.25 per share on Monday, October 16th. This represents a $1.00 dividend on an annualized basis and a yield of 0.62%. The ex-dividend date is Thursday, September 14th.
Read our dividend analysis for EXP.

ETFs with the largest weight of Eagle Materials (NYSE:EXP) stock in their portfolio include Ballast Small/Mid Cap ETF (MGMT), Invesco Building & Construction ETF (PKB), Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD), SRH U.S. Quality ETF (SRHQ), AdvisorShares Insiders Advantage ETF (SURE), Invesco S&P MidCap Quality ETF (XMHQ), First Trust Industrials/Producer Durables AlphaDEX Fund (FXR) and iShares U.S. Home Construction ETF (ITB).

Eagle Materials (NYSE:EXP) pays an annual dividend of $1.00 per share and currently has a dividend yield of 0.62%. The dividend payout ratio is 7.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EXP will have a dividend payout ratio of 6.44% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EXP.

9 employees have rated Eagle Materials Chief Executive Officer Steve Rowley on Glassdoor.com. Steve Rowley has an approval rating of 100% among the company's employees. This puts Steve Rowley in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Eagle Materials investors own include Alibaba Group (BABA), NVIDIA (NVDA), Pfizer (PFE), QUALCOMM (QCOM), Skyworks Solutions (SWKS), Advanced Micro Devices (AMD), Lam Research (LRCX), Micron Technology (MU), NIKE (NKE) and RTX (RTX).

Eagle Materials trades on the New York Stock Exchange (NYSE) under the ticker symbol "EXP."

Eagle Materials' stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (9.04%), Allspring Global Investments Holdings LLC (3.21%), Frontier Capital Management Co. LLC (3.16%), Artemis Investment Management LLP (2.93%), State Street Corp (2.83%) and Dimensional Fund Advisors LP (1.91%). Insiders that own company stock include Dale Craig Kesler, David B Powers, David B Powers, Ed H Bowman Jr, Eric Cribbs, F William Barnett, George John Damiris, James H Graass, Martin M Ellen, Matt Newby, Michael Haack, Richard Ross Stewart, Robert S Stewart, Steven L Wentzel, Tony Thompson, William R Devlin and William R Devlin.
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Shares of EXP 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 EXP stock can currently be purchased for approximately $162.50.

Eagle Materials (NYSE:EXP) has a market capitalization of $5.76 billion and generates $2.15 billion in revenue each year. The construction company earns $461.54 million in net income (profit) each year or $13.11 on an earnings per share basis.

The company employs 2,400 workers across the globe.

Eagle Materials' mailing address is 5960 BERKSHIRE LANE SUITE 900, DALLAS TX, 75225. The official website for the company is www.eaglematerials.com. The construction company can be reached via phone at (214) 432-2000 or via fax at 214-432-2100.