Eagle Materials - EXP Stock Forecast, Price & News

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eagle Materials in the last twelve months. There are currently 5 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" EXP shares.
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11 brokerages have issued 12-month price targets for Eagle Materials' shares. Their EXP share price forecasts range from $140.00 to $193.00. On average, they anticipate the company's share price to reach $160.00 in the next twelve months. This suggests a possible upside of 54.9% from the stock's current price.
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Eagle Materials' stock was trading at $166.46 at the start of the year. Since then, EXP stock has decreased by 38.0% and is now trading at $103.28.
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Eagle Materials saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 1,280,000 shares, an increase of 17.4% from the August 31st total of 1,090,000 shares. Based on an average daily volume of 334,000 shares, the short-interest ratio is currently 3.8 days. Currently, 3.4% of the shares of the company are short sold.
View Eagle Materials' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our EXP earnings forecast.

Eagle Materials Inc. (NYSE:EXP) released its earnings results on Thursday, July, 28th. The construction company reported $2.82 EPS for the quarter, beating the consensus estimate of $2.73 by $0.09. The construction company earned $561.39 million during the quarter, compared to analysts' expectations of $561.82 million. Eagle Materials had a trailing twelve-month return on equity of 33.25% and a net margin of 19.72%.

Eagle Materials announced a quarterly dividend on Wednesday, August 10th. Stockholders of record on Friday, September 16th will be given a dividend of $0.25 per share on Friday, October 14th. This represents a $1.00 annualized dividend and a dividend yield of 0.97%. The ex-dividend date is Thursday, September 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 0.96%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 10.37%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EXP will have a dividend payout ratio of 7.94% 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 variety of institutional and retail investors. Top institutional shareholders include FMR LLC (7.02%), Allspring Global Investments Holdings LLC (3.87%), State Street Corp (2.77%), Federated Hermes Inc. (2.63%), Victory Capital Management Inc. (2.30%) and Prudential Financial Inc. (1.52%). Insiders that own company stock include Dale Craig Kesler, David B Powers, David B Powers, Ed H Bowman Jr, F William Barnett, James H Graass, Keith W Metcalf, Martin M Ellen, Michael Haack, Richard Ross Stewart, Robert S Stewart, Steven L Wentzel, William R Devlin and William R Devlin.
View institutional ownership trends.

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 $103.28.

Eagle Materials (NYSE:EXP) has a market capitalization of $3.89 billion and generates $1.86 billion in revenue each year. The construction company earns $374.25 million in net income (profit) each year or $9.64 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.