Eagle Materials - EXP Stock Forecast, Price & News

7 Wall Street 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 research analysts is that investors should "buy" EXP shares.
View EXP analyst ratings or view top-rated stocks.

7 brokerages have issued twelve-month price targets for Eagle Materials' stock. Their EXP share price forecasts range from $140.00 to $168.00. On average, they predict the company's share price to reach $151.13 in the next twelve months. This suggests a possible upside of 3.0% 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 beginning of 2023. Since then, EXP shares have increased by 10.5% and is now trading at $146.75.
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Eagle Materials saw a drop in short interest in March. As of March 15th, there was short interest totaling 681,900 shares, a drop of 17.1% from the February 28th total of 822,400 shares. Based on an average daily volume of 271,100 shares, the days-to-cover ratio is currently 2.5 days. Approximately 1.9% 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 Thursday, May 18th 2023.
View our EXP earnings forecast.

Eagle Materials Inc. (NYSE:EXP) released its quarterly earnings data on Thursday, January, 26th. The construction company reported $3.20 earnings per share for the quarter, beating analysts' consensus estimates of $3.19 by $0.01. The construction company earned $511.50 million during 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 firm's revenue was up 10.5% on a year-over-year basis. During the same period in the prior year, the firm posted $2.53 earnings per share.

Eagle Materials announced a quarterly dividend on Tuesday, February 7th. Stockholders of record on Friday, March 17th will be paid a dividend of $0.25 per share on Friday, April 14th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.68%. The ex-dividend date is Thursday, March 16th.
Read our dividend analysis for EXP.

ETFs with the largest weight of Eagle Materials (NYSE:EXP) stock in their portfolio include Invesco Dynamic Building & Construction ETF (PKB), WBI BullBear Value 3000 ETF (WBIF), Ballast Small/Mid Cap ETF (MGMT), SRH U.S. Quality ETF (SRHQ), Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG), Invesco S&P MidCap Quality ETF (XMHQ), LeaderShares AlphaFactor US Core Equity ETF (LSAF) and First Trust Industrials/Producer Durables AlphaDEX Fund (FXR).

Eagle Materials (NYSE:EXP) pays an annual dividend of $1.00 per share and currently has a dividend yield of 0.69%. 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 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."

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 $146.75.

Eagle Materials (NYSE:EXP) has a market capitalization of $5.29 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.