Eagle Materials - EXP Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Eagle Materials in the last twelve months. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" EXP shares.
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7 brokers have issued 1 year target prices for Eagle Materials' stock. Their EXP share price forecasts range from $140.00 to $168.00. On average, they predict the company's stock price to reach $151.13 in the next twelve months. This suggests a possible upside of 2.6% from the stock's current price.
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Eagle Materials' stock was trading at $132.85 at the beginning of the year. Since then, EXP stock has increased by 10.9% and is now trading at $147.28.
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Eagle Materials saw a drop in short interest during the month of December. As of December 30th, there was short interest totaling 798,800 shares, a drop of 8.7% from the December 15th total of 874,900 shares. Based on an average daily volume of 268,000 shares, the short-interest ratio is presently 3.0 days. Approximately 2.2% of the company's shares are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 18th 2023.
View our EXP earnings forecast.

Eagle Materials Inc. (NYSE:EXP) released its quarterly earnings results on Thursday, January, 26th. The construction company reported $3.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.19 by $0.01. The construction company had revenue of $511.50 million for the quarter, compared to the consensus estimate of $532.95 million. Eagle Materials had a net margin of 20.83% and a trailing twelve-month return on equity of 38.27%. The company's revenue was up 10.5% compared to the same quarter last year. During the same period in the previous year, the company earned $2.53 EPS.

Eagle Materials declared a quarterly dividend on Tuesday, November 8th. Shareholders of record on Friday, December 16th will be given a dividend of $0.25 per share on Thursday, January 12th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.68%. The ex-dividend date is Thursday, December 15th.
Read our dividend analysis for EXP.

Eagle Materials (NYSE:EXP) pays an annual dividend of $1.00 per share and currently has a dividend yield of 0.67%. The dividend payout ratio is 8.64%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EXP will have a dividend payout ratio of 8.10% 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 Raytheon Technologies (RTX).

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

Eagle Materials' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (3.72%), Assenagon Asset Management S.A. (0.81%), RWC Asset Management LLP (0.81%), Hodges Capital Management Inc. (0.68%), Los Angeles Capital Management LLC (0.66%) and Pacer Advisors Inc. (0.48%). Insiders that own company stock include Dale Craig Kesler, David B Powers, David B Powers, Ed H Bowman Jr, Eric Cribbs, F William Barnett, James H Graass, Martin M Ellen, 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 $147.28.

Eagle Materials (NYSE:EXP) has a market capitalization of $5.31 billion and generates $1.86 billion in revenue each year. The construction company earns $374.25 million in net income (profit) each year or $11.57 on an earnings per share basis.

The company employs 2,200 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.