$1.77 EPS Expected for Eagle Materials Inc. (NYSE:EXP) This Quarter

Equities research analysts forecast that Eagle Materials Inc. (NYSE:EXP – Get Rating) will report earnings per share of $1.77 for the current fiscal quarter, Zacks reports. Four analysts have provided estimates for Eagle Materials’ earnings, with the highest EPS estimate coming in at $1.94 and the lowest estimate coming in at $1.62. Eagle Materials reported earnings per share of $1.56 during the same quarter last year, which suggests a positive year-over-year growth rate of 13.5%. The company is expected to announce its next quarterly earnings report on Monday, January 1st.

On average, analysts expect that Eagle Materials will report full-year earnings of $9.27 per share for the current financial year, with EPS estimates ranging from $9.07 to $9.46. For the next year, analysts anticipate that the company will post earnings of $11.23 per share, with EPS estimates ranging from $10.53 to $11.55. Zacks’ EPS calculations are a mean average based on a survey of sell-side research firms that cover Eagle Materials.

Eagle Materials (NYSE:EXP – Get Rating) last announced its quarterly earnings data on Thursday, January 27th. The construction company reported $2.53 earnings per share for the quarter, beating the Zacks’ consensus estimate of $2.43 by $0.10. Eagle Materials had a net margin of 20.42% and a return on equity of 28.58%. The business had revenue of $462.94 million for the quarter, compared to analyst estimates of $461.05 million. During the same period last year, the business earned $1.94 EPS. The company’s revenue was up 14.4% on a year-over-year basis.

A number of equities research analysts have recently weighed in on EXP shares. DA Davidson reduced their price objective on shares of Eagle Materials from $170.00 to $160.00 in a report on Friday, January 28th. Northcoast Research upgraded shares of Eagle Materials from a “neutral” rating to a “buy” rating and set a $193.00 price objective on the stock in a report on Monday, January 10th. Loop Capital cut their price target on shares of Eagle Materials from $170.00 to $155.00 in a research note on Friday, January 28th. Citigroup cut their price target on shares of Eagle Materials from $194.00 to $175.00 in a research note on Friday, January 28th. Finally, The Goldman Sachs Group lifted their price target on shares of Eagle Materials from $181.00 to $190.00 in a research note on Thursday, January 27th. Six investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $170.25.

A number of institutional investors have recently bought and sold shares of the business. Signaturefd LLC acquired a new stake in shares of Eagle Materials in the 4th quarter valued at approximately $26,000. Wolff Wiese Magana LLC acquired a new stake in shares of Eagle Materials in the 4th quarter valued at approximately $29,000. CWM LLC acquired a new stake in shares of Eagle Materials in the 4th quarter valued at approximately $34,000. NEXT Financial Group Inc increased its stake in Eagle Materials by 811.8% in the 4th quarter. NEXT Financial Group Inc now owns 310 shares of the construction company’s stock valued at $51,000 after purchasing an additional 276 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC increased its stake in Eagle Materials by 419.3% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 618 shares of the construction company’s stock valued at $81,000 after purchasing an additional 499 shares in the last quarter. 97.02% of the stock is owned by institutional investors.

Shares of EXP traded down $0.92 during midday trading on Friday, reaching $123.79. The stock had a trading volume of 230,945 shares, compared to its average volume of 533,129. Eagle Materials has a 1-year low of $119.41 and a 1-year high of $169.15. The company’s fifty day simple moving average is $132.45 and its two-hundred day simple moving average is $145.99. The company has a market cap of $4.89 billion, a price-to-earnings ratio of 14.07 and a beta of 1.31. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.14 and a quick ratio of 1.05.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 18th. Shareholders of record on Friday, March 18th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, March 17th. This represents a $1.00 dividend on an annualized basis and a yield of 0.81%. Eagle Materials’s payout ratio is 11.36%.

Eagle Materials Company Profile (Get Rating)

Eagle Materials, Inc engages in the provision of heavy construction materials and light building materials. It operates through the following segments: Cement, Concrete and Aggregates, Gypsum Wallboard, and Recycled Paperboard. The Cement segment deals with the manufacture, production, distribution, and sale of Portland cement.

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