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NYSE:EXP

Eagle Materials (EXP) Stock Price, News & Analysis

$232.39
-1.14 (-0.49%)
(As of 05/31/2024 ET)
Today's Range
$224.61
$234.59
50-Day Range
$228.74
$273.86
52-Week Range
$145.03
$276.61
Volume
478,533 shs
Average Volume
307,163 shs
Market Capitalization
$7.88 billion
P/E Ratio
17.06
Dividend Yield
0.43%
Price Target
$279.67

Eagle Materials MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.89 Rating Score
Upside/​Downside
20.3% Upside
$279.67 Price Target
Short Interest
Healthy
2.24% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-5.81
Upright™ Environmental Score
News Sentiment
1.21mentions of Eagle Materials in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
11.47%
From $15.95 to $17.78 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.70 out of 5 stars

Construction Sector

8th out of 100 stocks

Cement, Hydraulic Industry

1st out of 5 stocks

EXP stock logo

About Eagle Materials Stock (NYSE:EXP)

Eagle Materials Inc., through its subsidiaries, manufactures and sells heavy construction materials and light building materials in the United States. It operates in four segments: Cement, Concrete and Aggregates, Gypsum Wallboard, and Recycled Paperboard. The company engages in the mining of limestone for the manufacture, production, distribution, and sale of Portland cement, including Portland limestone cement; grinding and sale of slag; and mining of gypsum for the manufacture and sale of gypsum wallboards used to finish the interior walls and ceilings in residential, commercial, and industrial structures, as well as well as containerboard and lightweight packaging grades; manufacture and sale of recycled paperboard to the gypsum wallboard industry and other paperboard converters; the sale of readymix concrete; and mining and sale of aggregates, such as crushed stone, sand, and gravel. Its products are used in commercial and residential construction; public construction projects to build, expand, and repair roads and highways; and repair and remodel activities. The company was formerly known as Centex Construction Products, Inc. and changed its name to Eagle Materials, Inc. in January 2004. Eagle Materials Inc. was founded in 1963 and is headquartered in Dallas, Texas.

EXP Stock Price History

EXP Stock News Headlines

Eagle Materials Stock is Dipping, Results Say Not for Long
Shares of Eagle Materials Inc. NYSE: EXP are trading lower by more than 7% on Tuesday's morning trading session; the reaction resulted from the company's first quarter 2024 release, which left some investors scratching their heads, to say the least. It's not often that markets get this disconnected from the fundamentals of a business, and this selloff could be more profit-taking rather than bailing out of the stock.
Eagle Materials Stock is Dipping, Results Say Not for Long
Eagle Materials is looking to hold its support line after dipping on earnings results, record-breaking financials and heating industry demand push for more
StockNews.com Downgrades Eagle Materials (NYSE:EXP) to Hold
Eagle Materials Declares Quarterly Dividend
Eagle Materials (NYSE:EXP) Price Target Cut to $286.00
Eagle Materials (NYSE:EXP) Lifted to Buy at StockNews.com
Q4 2024 Eagle Materials Inc Earnings Call
Eagle Materials's Stock Falls After Q4 Profit Falls
Eagle Materials Q4 Profit Slips, Misses View
Assessing Eagle Materials: Insights From 11 Financial Analysts
See More Headlines
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Company Calendar

Ex-Dividend for 4/12 Dividend
3/14/2024
Dividend Payable
4/12/2024
Last Earnings
5/21/2024
Today
6/01/2024
Ex-Dividend for 7/15 Dividend
6/17/2024
Dividend Payable
7/15/2024
Next Earnings (Estimated)
7/25/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Cement, hydraulic
Sub-Industry
Construction Materials
CUSIP
26969P10
Employees
2,500
Year Founded
1964

Price Target and Rating

Average Stock Price Target
$279.67
High Stock Price Target
$320.00
Low Stock Price Target
$226.00
Potential Upside/Downside
+20.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.89
Research Coverage
9 Analysts

Profitability

Net Income
$477.64 million
Pretax Margin
27.35%

Debt

Sales & Book Value

Annual Sales
$2.26 billion
Cash Flow
$18.13 per share
Book Value
$38.58 per share

Miscellaneous

Free Float
33,338,000
Market Cap
$7.88 billion
Optionable
Optionable
Beta
1.35

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EXP Stock Analysis - Frequently Asked Questions

Should I buy or sell Eagle Materials stock right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Eagle Materials in the last year. There are currently 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" EXP shares.
View EXP analyst ratings
or view top-rated stocks.

What is Eagle Materials' stock price target for 2024?

9 brokerages have issued 1 year price targets for Eagle Materials' stock. Their EXP share price targets range from $226.00 to $320.00. On average, they predict the company's share price to reach $279.67 in the next twelve months. This suggests a possible upside of 20.3% from the stock's current price.
View analysts price targets for EXP
or view top-rated stocks among Wall Street analysts.

How have EXP shares performed in 2024?

Eagle Materials' stock was trading at $202.84 at the beginning of the year. Since then, EXP shares have increased by 14.6% and is now trading at $232.39.
View the best growth stocks for 2024 here
.

Are investors shorting Eagle Materials?

Eagle Materials saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 748,400 shares, a decrease of 11.3% from the April 30th total of 843,400 shares. Based on an average daily volume of 291,700 shares, the short-interest ratio is presently 2.6 days. Currently, 2.2% of the company's shares are short sold.
View Eagle Materials' Short Interest
.

When is Eagle Materials' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024.
View our EXP earnings forecast
.

How were Eagle Materials' earnings last quarter?

Eagle Materials Inc. (NYSE:EXP) released its earnings results on Tuesday, May, 21st. The construction company reported $2.24 EPS for the quarter, missing analysts' consensus estimates of $2.72 by $0.48. The construction company earned $476.70 million during the quarter, compared to analysts' expectations of $480.20 million. Eagle Materials had a trailing twelve-month return on equity of 37.31% and a net margin of 21.14%. The company's quarterly revenue was up 1.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.79 earnings per share.

How often does Eagle Materials pay dividends? What is the dividend yield for Eagle Materials?

Eagle Materials declared a quarterly dividend on Thursday, May 23rd. Shareholders of record on Monday, June 17th will be paid a dividend of $0.25 per share on Monday, July 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.43%. The ex-dividend date of this dividend is Monday, June 17th.
Read our dividend analysis for EXP
.

Is Eagle Materials a good dividend stock?

Eagle Materials (NYSE:EXP) pays an annual dividend of $1.00 per share and currently has a dividend yield of 0.44%. The dividend payout ratio is 7.34%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EXP will have a dividend payout ratio of 5.62% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EXP.

What is Steve Rowley's approval rating as Eagle Materials' CEO?

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.

What other stocks do shareholders of Eagle Materials own?

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).

Who are Eagle Materials' major shareholders?

Eagle Materials' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.13%), TD Asset Management Inc (2.67%), Allspring Global Investments Holdings LLC (2.48%), Epoch Investment Partners Inc. (1.87%), William Blair Investment Management LLC (1.65%) and Captrust Financial Advisors (1.48%). Insiders that own company stock include Dale Craig Kesler, David B Powers, David B Powers, Ed H Bowman Jr, Eric Cribbs, F William Barnett, George John Damiris, James H Graass, Martin M Ellen, Matt Newby, Michael Haack, Richard Ross Stewart, Steven L Wentzel, Tony Thompson, William R Devlin and William R Devlin.
View institutional ownership trends
.

How do I buy shares of Eagle Materials?

Shares of EXP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Eagle Materials have any subsidiaries?
The following companies are subsidiares of Eagle Materials: AG DALLAS LLC, AG SOUTH CAROLINA LLC, AMERICAN GYPSUM COMPANY LLC, AMERICAN GYPSUM MARKETING COMPANY LLC, AUDUBON MATERIALS LLC, AUDUBON READYMIX LLC, CCP CEMENT COMPANY LLC, CCP CONCRETE/AGGREGATES LLC, CCP GYPSUM LLC, CENTEX MATERIALS LLC, FAIRBORN CEMENT COMPANY LLC, HOLLIS & EASTERN RAILROAD COMPANY LLC, ILLINOIS CEMENT COMPANY LLC, KANSAS CITY AGGREGATE LLC, KANSAS CITY FLY ASH LLC, KANSAS CITY READYMIX LLC, KOSMOS CEMENT COMPANY LLC, MOUNTAIN CEMENT COMPANY LLC, MOUNTAIN LAND & CATTLE COMPANY LLC, NEVADA CEMENT COMPANY LLC, REPUBLIC PAPERBOARD COMPANY LLC, SKYWAY CEMENT COMPANY LLC, TEXAS CEMENT COMPANY, TEXAS LEHIGH CEMENT COMPANY LP, TLCC GP LLC, TLCC LP LLC, and TULSA CEMEMT LLC.
Read More
This page (NYSE:EXP) was last updated on 6/1/2024 by MarketBeat.com Staff

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