Eagle Materials (EXP) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $247.03 to $253.86
• 50-Day Range: $248.30 to $315.50
• 52-Week Range: $195.93 to $321.93
• Volume: 647,136 shs
• Average Volume: 306,764 shs
• Market Capitalization: $8.33 billion
• P/E Ratio: 17.54
• Dividend Yield: 0.40%
• Price Target: $304.89
• Consensus Rating: Moderate Buy

Eagle Materials Stock Analysis - MarketRank™

Eagle Materials scored higher than 87% of companies evaluated by MarketBeat, and ranked 33rd out of 100 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Eagle Materials has received a consensus rating of Moderate Buy. The company's average rating score is 2.56, and is based on 5 buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Eagle Materials has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 11.42%

Earnings Growth

Earnings for Eagle Materials are expected to grow by 11.42% in the coming year, from $15.24 to $16.98 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Eagle Materials is 17.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.29.

Price to Earnings Ratio vs. Sector

The P/E ratio of Eagle Materials is 17.54, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 27.83.

Price to Book Value per Share Ratio

Eagle Materials has a P/B Ratio of 6.54. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.86% of the float of Eagle Materials has been sold short.

Short Interest Ratio / Days to Cover

Eagle Materials has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Eagle Materials has recently increased by 0.24%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Eagle Materials has a dividend yield of 0.38%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Eagle Materials does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Eagle Materials is 7.06%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Eagle Materials will have a dividend payout ratio of 5.89% next year. This indicates that Eagle Materials will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.1 / 5
• Environmental Score: -5.81

Percentage of Shares Shorted

2.86% of the float of Eagle Materials has been sold short.

Short Interest Ratio / Days to Cover

Eagle Materials has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Eagle Materials has recently increased by 0.24%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.58

News Sentiment

Eagle Materials has a news sentiment score of 0.58. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.80 average news sentiment score of Construction companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for Eagle Materials this week, compared to 7 articles on an average week.

Search Interest

Only 1 people have searched for EXP on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Eagle Materials insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,205,311.00 in company stock.

Percentage Held by Insiders

Only 1.60% of the stock of Eagle Materials is held by insiders.

Percentage Held by Institutions

96.07% of the stock of Eagle Materials is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

EXP Stock Analysis - Frequently Asked Questions

How have EXP shares performed this year?

Eagle Materials' stock was trading at $202.84 at the start of the year. Since then, EXP stock has increased by 22.4% and is now trading at $248.30.
View the best growth stocks for 2024 here.

How were Eagle Materials' earnings last quarter?

Eagle Materials Inc. (NYSE:EXP) posted its quarterly earnings data on Tuesday, October, 29th. The construction company reported $4.31 EPS for the quarter, missing the consensus estimate of $4.75 by $0.44. Eagle Materials's revenue was up .2% on a year-over-year basis.

Does Eagle Materials have any subsidiaries?

Eagle Materials subsidiaries include these companies: 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, and others.

Who are Eagle Materials' major shareholders?

Eagle Materials' top institutional shareholders include FMR LLC (11.33%), State Street Corp (3.02%), Allspring Global Investments Holdings LLC (2.16%) and Geode Capital Management LLC (2.11%). Insiders that own company stock include Michael Haack, Dale Craig Kesler, William R Devlin, Steven L Wentzel, Matt Newby, James H Graass, Eric Cribbs, Tony Thompson, Ed H Bowman Jr, George John Damiris, Richard Ross Stewart and David B Powers.
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.

What other stocks do shareholders of Eagle Materials own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Eagle Materials investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Adobe (ADBE), Builders FirstSource (BLDR) and ServiceNow (NOW).

Company Calendar

• Ex-Dividend for 10/17 Dividend: 9/17/2024
• Dividend Payable: 10/17/2024
• Last Earnings: 10/29/2024
• Ex-Dividend for 1/13 Dividend: 12/16/2024
• Today: 12/21/2024
• Dividend Payable: 1/13/2025
• Fiscal Year End: 3/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Construction
• Industry: Cement, hydraulic
• Sub-Industry: Construction Materials
• Current Symbol: NYSE:EXP
• CUSIP: 26969P10
• CIK: 918646
• Web: www.eaglematerials.com
• Phone: (214) 432-2000
• Fax: 214-432-2100
• Employees: 2,500
• Year Founded: 1964

Price Target and Rating

• Average Stock Price Target: $304.89
• High Stock Price Target: $330.00
• Low Stock Price Target: $250.00
• Potential Upside/Downside: +22.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.56
• Research Coverage: 9 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $14.16
• Trailing P/E Ratio: 17.54
• Forward P/E Ratio: 16.29
• P/E Growth: N/A
• Net Income: $477.64 million
• Net Margins: 21.32%
• Pretax Margin: 27.54%
• Return on Equity: 35.79%
• Return on Assets: 16.18%

Debt

• Debt-to-Equity Ratio: 0.74
• Current Ratio: 2.34
• Quick Ratio: 1.14

Sales & Book Value

• Annual Sales: $2.27 billion
• Price / Sales: 3.67
• Cash Flow: $16.24 per share
• Price / Cash Flow: 15.29
• Book Value: $37.98 per share
• Price / Book: 6.54

Miscellaneous

• Outstanding Shares: 33,543,000
• Free Float: 33,006,000
• Market Cap: $8.33 billion
• Optionable: Optionable
• Beta: 1.33