United States Lime & Minerals (NASDAQ:USLM) Releases Quarterly Earnings Results

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) released its quarterly earnings data on Monday. The construction company reported $0.94 earnings per share (EPS) for the quarter, Zacks reports. United States Lime & Minerals had a return on equity of 22.95% and a net margin of 32.60%.

United States Lime & Minerals Stock Performance

Shares of USLM traded down $4.68 during mid-day trading on Friday, hitting $106.80. 113,644 shares of the company traded hands, compared to its average volume of 138,482. United States Lime & Minerals has a 1 year low of $49.02 and a 1 year high of $159.53. The stock has a 50-day moving average price of $129.45 and a two-hundred day moving average price of $109.47. The stock has a market cap of $3.05 billion, a price-to-earnings ratio of 30.96 and a beta of 0.91.

United States Lime & Minerals Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 21st will be paid a $0.06 dividend. The ex-dividend date of this dividend is Friday, February 21st. This is a positive change from United States Lime & Minerals's previous quarterly dividend of $0.05. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.22%. United States Lime & Minerals's payout ratio is currently 5.80%.

Insiders Place Their Bets

In other news, CEO Timothy W. Byrne sold 22,261 shares of United States Lime & Minerals stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $141.73, for a total transaction of $3,155,051.53. Following the transaction, the chief executive officer now owns 125,004 shares in the company, valued at $17,716,816.92. This trade represents a 15.12 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Nathan O'neill sold 1,750 shares of the business's stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $139.73, for a total transaction of $244,527.50. Following the sale, the vice president now directly owns 7,880 shares of the company's stock, valued at approximately $1,101,072.40. The trade was a 18.17 % decrease in their position. The disclosure for this sale can be found here. 1.62% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised United States Lime & Minerals from a "hold" rating to a "buy" rating in a report on Tuesday, October 22nd.

United States Lime & Minerals Company Profile

United States Lime & Minerals, Inc engages in the manufacture and sale of lime and limestone products. Its products include High Calcium Quicklime, Hydrated Lime, Lime Kiln Dust, Lime Slurry, and High Calcium Limestone. The company was founded in 1948 and is headquartered in Dallas, TX.