Vulcan Materials (VMC) to Announce Earnings on Wednesday

Vulcan Materials (NYSE:VMC - Get Free Report) is expected to be issuing its Q1 2025 quarterly earnings data before the market opens on Wednesday, April 30th. Analysts expect the company to announce earnings of $0.80 per share and revenue of $1.64 billion for the quarter.

Vulcan Materials (NYSE:VMC - Get Free Report) last released its earnings results on Tuesday, February 18th. The construction company reported $2.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.76 by $0.41. The company had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.81 billion. Vulcan Materials had a return on equity of 12.83% and a net margin of 12.30%. During the same period in the prior year, the company posted $1.46 earnings per share. On average, analysts expect Vulcan Materials to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Vulcan Materials Stock Performance

Shares of Vulcan Materials stock opened at $240.36 on Wednesday. The firm has a market capitalization of $31.79 billion, a P/E ratio of 35.09, a price-to-earnings-growth ratio of 2.03 and a beta of 0.80. The company has a current ratio of 1.83, a quick ratio of 2.02 and a debt-to-equity ratio of 0.60. The business's fifty day simple moving average is $240.32 and its 200 day simple moving average is $259.39. Vulcan Materials has a 12 month low of $215.08 and a 12 month high of $298.31.

Vulcan Materials Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Monday, March 10th were paid a dividend of $0.49 per share. This represents a $1.96 dividend on an annualized basis and a dividend yield of 0.82%. This is a boost from Vulcan Materials's previous quarterly dividend of $0.46. The ex-dividend date was Monday, March 10th. Vulcan Materials's payout ratio is presently 28.61%.

Analysts Set New Price Targets

Several analysts have commented on VMC shares. Royal Bank of Canada lifted their price objective on shares of Vulcan Materials from $269.00 to $286.00 and gave the stock a "sector perform" rating in a research report on Wednesday, February 19th. Seaport Res Ptn upgraded Vulcan Materials to a "strong-buy" rating in a research note on Friday, March 21st. Wolfe Research raised Vulcan Materials from a "peer perform" rating to an "outperform" rating in a report on Thursday, April 10th. Morgan Stanley lowered their target price on Vulcan Materials from $300.00 to $273.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 16th. Finally, Stifel Nicolaus started coverage on Vulcan Materials in a research note on Tuesday, March 4th. They set a "buy" rating and a $287.00 price target for the company. Four equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $293.64.

Institutional Trading of Vulcan Materials

A hedge fund recently bought a new stake in Vulcan Materials stock. Brighton Jones LLC purchased a new stake in shares of Vulcan Materials (NYSE:VMC - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 1,933 shares of the construction company's stock, valued at approximately $497,000. Institutional investors own 90.39% of the company's stock.

About Vulcan Materials

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 company 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.