Vulcan Materials - VMC Stock Forecast, Price & News

Vulcan Materials Company, together with its subsidiaries, produces and supplies construction aggregates primarily in the United States. It operates through four segments: Aggregates, Asphalt, Concrete, and Calcium. The Aggregates segment provides crushed stones, sand and gravel, sand, and other aggregates; and related products and services that are applied in construction and maintenance of highways, streets, and other public works, as well as in the construction of housing and commercial, industrial, and other nonresidential facilities. The Asphalt Mix segment offers asphalt mix in Alabama, Arizona, California, New Mexico, Tennessee, and Texas, as well as engages in the asphalt construction paving activity in Alabama, Tennessee, and Texas. The Concrete segment provides ready-mixed concrete in California, Maryland, New Jersey, New York, Oklahoma, Pennsylvania, Texas and Virginia, and Washington D.C. The Calcium segment mines, produces, and sells calcium products for the animal feed, plastics, and water treatment industries. The company was formerly known as Virginia Holdco, Inc. and changed its name to Vulcan Materials Company. Vulcan Materials Company was founded in 1909 and is headquartered in Birmingham, Alabama.

Vulcan Materials Trading Up 1.4 %

Shares of VMC Stock traded up $2.39 during trading hours on Friday, hitting $178.00. 7,754 shares of the company's stock traded hands, compared to its average volume of 658,464. Vulcan Materials has a 12 month low of $137.54 and a 12 month high of $213.65. The company has a quick ratio of 1.34, a current ratio of 1.85 and a debt-to-equity ratio of 0.57. The stock's 50 day simple moving average is $154.59 and its 200 day simple moving average is $169.41. The stock has a market cap of $23.66 billion, a PE ratio of 39.63, a price-to-earnings-growth ratio of 2.15 and a beta of 0.81.

Vulcan Materials Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 2nd. Stockholders of record on Wednesday, August 17th will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 0.90%. The ex-dividend date is Tuesday, August 16th. Vulcan Materials's dividend payout ratio (DPR) is presently 36.04%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on VMC shares. Morgan Stanley decreased their target price on Vulcan Materials from $203.00 to $180.00 and set an "equal weight" rating on the stock in a research report on Monday, July 18th. StockNews.com downgraded Vulcan Materials from a "hold" rating to a "sell" rating in a research report on Thursday. DA Davidson raised their price target on shares of Vulcan Materials to $205.00 in a research note on Tuesday. Truist Financial cut their target price on shares of Vulcan Materials to $200.00 in a research note on Tuesday, July 5th. Finally, Citigroup lifted their target price on shares of Vulcan Materials to $199.00 in a research note on Tuesday. One analyst has rated the stock with a sell rating, six have given a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat.com, Vulcan Materials has a consensus rating of "Moderate Buy" and a consensus target price of $210.13.

Insider Transactions at Vulcan Materials

In other news, SVP David P. Clement sold 3,377 shares of the stock in a transaction on Tuesday, June 7th. The shares were sold at an average price of $165.23, for a total transaction of $557,981.71. Following the completion of the sale, the senior vice president now directly owns 3,970 shares in the company, valued at $655,963.10. The transaction was disclosed in a filing with the SEC, which is available at this link. In other Vulcan Materials news, Director Melissa H. Anderson acquired 500 shares of Vulcan Materials stock in a transaction dated Saturday, May 14th. The stock was purchased at an average cost of $191.46 per share, for a total transaction of $95,730.00. Following the completion of the acquisition, the director now directly owns 500 shares of the company's stock, valued at $95,730. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP David P. Clement sold 3,377 shares of Vulcan Materials stock in a transaction dated Tuesday, June 7th. The shares were sold at an average price of $165.23, for a total transaction of $557,981.71. Following the transaction, the senior vice president now owns 3,970 shares of the company's stock, valued at $655,963.10. The disclosure for this sale can be found here. 0.55% of the stock is currently owned by corporate insiders.