Vulcan Materials Company (NYSE:VMC) is set to post its quarterly earnings results before the market opens on Monday, July 31st. Analysts expect Vulcan Materials to post earnings of $1.25 per share for the quarter.

Vulcan Materials (NYSE:VMC) last released its quarterly earnings data on Wednesday, May 10th. The construction company reported $0.34 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.22 by $0.12. Vulcan Materials had a net margin of 11.61% and a return on equity of 8.80%. The firm had revenue of $787 million for the quarter, compared to the consensus estimate of $743.79 million. During the same period in the previous year, the company earned $0.26 earnings per share. The company’s quarterly revenue was up 4.3% on a year-over-year basis. On average, analysts expect Vulcan Materials to post $4.12 EPS for the current fiscal year and $5.55 EPS for the next fiscal year.

Vulcan Materials Company (NYSE:VMC) opened at 126.19 on Monday. The firm has a market capitalization of $16.68 billion, a P/E ratio of 40.37 and a beta of 0.94. The firm has a 50 day moving average of $127.94 and a 200 day moving average of $124.16. Vulcan Materials Company has a 12-month low of $105.71 and a 12-month high of $138.18.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 8th. Stockholders of record on Wednesday, August 23rd will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.79%. The ex-dividend date is Monday, August 21st. Vulcan Materials’s dividend payout ratio is presently 32.15%.

VMC has been the subject of several research analyst reports. Citigroup Inc. initiated coverage on Vulcan Materials in a research report on Wednesday, March 29th. They set a “buy” rating for the company. Argus raised their target price on Vulcan Materials from $140.00 to $145.00 and gave the company a “buy” rating in a research report on Friday, June 9th. Zacks Investment Research raised Vulcan Materials from a “sell” rating to a “hold” rating in a research report on Monday, May 1st. BidaskClub raised Vulcan Materials from a “sell” rating to a “hold” rating in a research report on Saturday, June 10th. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and set a $154.00 target price on shares of Vulcan Materials in a research report on Monday, June 19th. One analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $138.60.

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In related news, General Counsel Jerry F. Perkins, Jr. sold 306 shares of Vulcan Materials stock in a transaction dated Wednesday, June 14th. The stock was sold at an average price of $132.00, for a total value of $40,392.00. Following the completion of the sale, the general counsel now owns 5,292 shares of the company’s stock, valued at approximately $698,544. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Stanley G. Bass sold 4,413 shares of Vulcan Materials stock in a transaction dated Wednesday, June 14th. The stock was sold at an average price of $132.00, for a total value of $582,516.00. Following the completion of the sale, the insider now directly owns 21,939 shares of the company’s stock, valued at approximately $2,895,948. The disclosure for this sale can be found here. In the last three months, insiders sold 6,743 shares of company stock valued at $876,515. 0.89% of the stock is currently owned by insiders.

About Vulcan Materials

Vulcan Materials Company is a supplier of construction aggregates (primarily crushed stone, sand and gravel) and a producer of asphalt mix and ready-mixed concrete. The Company operates through four segments: Aggregates, Asphalt Mix, Concrete and Calcium. The Aggregates segment produces and sells aggregates (crushed stone, sand and gravel, sand, and other aggregates) and related products and services (transportation and other).

Earnings History for Vulcan Materials (NYSE:VMC)

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