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 year. 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.
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7 Wall Street research analysts have issued 12-month price targets for Eagle Materials' shares. Their EXP share price forecasts range from $140.00 to $168.00. On average, they anticipate the company's share price to reach $151.13 in the next twelve months. This suggests a possible upside of 8.8% 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 4.5% and is now trading at $138.89.
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Eagle Materials saw a decrease in short interest during the month of February. As of February 15th, there was short interest totaling 805,100 shares, a decrease of 5.1% from the January 31st total of 848,600 shares. Based on an average daily volume of 250,300 shares, the short-interest ratio is presently 3.2 days. Approximately 2.3% of the shares of the company are sold short.
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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) announced its quarterly earnings data on Thursday, January, 26th. The construction company reported $3.20 EPS for the quarter, beating 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 trailing twelve-month return on equity of 38.27% and a net margin of 20.83%. The company's quarterly revenue was up 10.5% on a year-over-year basis. During the same quarter last year, the firm earned $2.53 EPS.

Eagle Materials declared a quarterly dividend on Tuesday, February 7th. Shareholders of record on Friday, March 17th will be given 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 0.72%. 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), Invesco S&P MidCap Quality ETF (XMHQ), LeaderShares AlphaFactor US Core Equity ETF (LSAF), 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 0.72%. 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."

Eagle Materials' stock is owned by a number of institutional and retail investors. Top institutional investors include Neuberger Berman Group LLC (4.70%), Allspring Global Investments Holdings LLC (3.72%), Victory Capital Management Inc. (2.92%), Victory Capital Management Inc. (2.92%), Dimensional Fund Advisors LP (1.78%) and Geode Capital Management LLC (1.60%). 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, 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 $138.89.

Eagle Materials (NYSE:EXP) has a market capitalization of $5.01 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.