Sidoti Research Analysts Cut Earnings Estimates for NX

Quanex Building Products Corporation (NYSE:NX) – Equities research analysts at Sidoti reduced their Q3 2026 earnings estimates for Quanex Building Products in a research note issued on Monday, March 9th. Sidoti analyst J. Romero now expects that the construction company will earn $0.70 per share for the quarter, down from their previous estimate of $0.84. The consensus estimate for Quanex Building Products’ current full-year earnings is $2.18 per share. Sidoti also issued estimates for Quanex Building Products’ Q4 2026 earnings at $0.89 EPS, FY2026 earnings at $1.96 EPS, Q2 2027 earnings at $0.51 EPS, Q3 2027 earnings at $0.87 EPS and FY2027 earnings at $2.42 EPS.

Quanex Building Products (NYSE:NX) last released its earnings results on Thursday, March 5th. The construction company reported ($0.01) EPS for the quarter, topping the consensus estimate of ($0.05) by $0.04. The firm had revenue of $409.09 million during the quarter, compared to analysts’ expectations of $405.75 million. Quanex Building Products had a negative net margin of 13.00% and a positive return on equity of 12.24%.

NX has been the subject of several other reports. Zacks Research upgraded Quanex Building Products from a “strong sell” rating to a “hold” rating in a research note on Monday, March 2nd. Weiss Ratings reissued a “sell (d)” rating on shares of Quanex Building Products in a research note on Thursday, January 22nd. Wall Street Zen upgraded Quanex Building Products from a “hold” rating to a “buy” rating in a report on Saturday, January 10th. Finally, Benchmark dropped their price objective on shares of Quanex Building Products from $30.00 to $28.00 and set a “buy” rating for the company in a research note on Monday, December 15th. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $28.00.

Quanex Building Products Trading Up 0.1%

Shares of Quanex Building Products stock opened at $17.72 on Wednesday. Quanex Building Products has a fifty-two week low of $11.04 and a fifty-two week high of $22.98. The business’s fifty day moving average is $19.32 and its two-hundred day moving average is $16.47. The company has a quick ratio of 1.21, a current ratio of 2.31 and a debt-to-equity ratio of 0.93. The firm has a market cap of $813.81 million, a PE ratio of -3.37, a P/E/G ratio of 0.65 and a beta of 0.91.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Royal Bank of Canada lifted its holdings in Quanex Building Products by 22.6% during the 1st quarter. Royal Bank of Canada now owns 25,578 shares of the construction company’s stock worth $476,000 after buying an additional 4,720 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Quanex Building Products by 9.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 28,051 shares of the construction company’s stock worth $521,000 after buying an additional 2,347 shares during the period. Goldman Sachs Group Inc. boosted its position in Quanex Building Products by 25.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 246,666 shares of the construction company’s stock worth $4,586,000 after acquiring an additional 49,895 shares during the period. Jane Street Group LLC grew its stake in shares of Quanex Building Products by 887.4% in the first quarter. Jane Street Group LLC now owns 84,957 shares of the construction company’s stock worth $1,579,000 after purchasing an additional 76,353 shares in the last quarter. Finally, Bank of Montreal Can increased its holdings in shares of Quanex Building Products by 6.1% during the second quarter. Bank of Montreal Can now owns 13,803 shares of the construction company’s stock valued at $261,000 after purchasing an additional 799 shares during the period. 97.48% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Quanex Building Products

In related news, insider Teleios Capital Partners Gmbh sold 119,485 shares of Quanex Building Products stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $15.94, for a total value of $1,904,590.90. Following the transaction, the insider owned 4,421,879 shares in the company, valued at approximately $70,484,751.26. This trade represents a 2.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.92% of the company’s stock.

Quanex Building Products Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be given a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend is Tuesday, March 17th. Quanex Building Products’s dividend payout ratio (DPR) is -6.08%.

About Quanex Building Products

Quanex Building Products Corporation engages in the design, manufacture and distribution of components for the window, door and building products industries in North America. The company operates through two primary segments: Window Products and Door & Building Products. Its Window Products segment supplies vinyl window profiles and related accessories, while its Door & Building Products segment offers engineered door skins, panels, siding products, specialty moldings and other exterior building components.

Within its Window Products segment, Quanex produces extrusion profiles used by window fabricators to assemble vinyl casement, double-hung, slider and picture windows.