Eagle Materials Inc (NYSE:EXP) has earned a consensus recommendation of “Hold” from the six research firms that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $122.50.

Several equities research analysts have weighed in on EXP shares. Zacks Investment Research upgraded shares of Eagle Materials from a “sell” rating to a “hold” rating in a report on Thursday, November 16th. Standpoint Research downgraded shares of Eagle Materials from a “buy” rating to a “hold” rating in a research report on Thursday, September 28th. They noted that the move was a valuation call. Finally, Stifel Nicolaus increased their price objective on shares of Eagle Materials from $120.00 to $135.00 and gave the stock a “buy” rating in a research report on Wednesday.

Eagle Materials (NYSE:EXP) opened at $111.30 on Wednesday. The company has a quick ratio of 0.94, a current ratio of 2.02 and a debt-to-equity ratio of 0.44. The firm has a market cap of $5,410.00, a P/E ratio of 25.04, a P/E/G ratio of 2.83 and a beta of 1.29. Eagle Materials has a twelve month low of $86.51 and a twelve month high of $114.96.

Eagle Materials (NYSE:EXP) last posted its earnings results on Wednesday, October 25th. The construction company reported $1.31 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.53 by ($0.22). The firm had revenue of $376.30 million during the quarter, compared to analyst estimates of $412.84 million. Eagle Materials had a return on equity of 17.75% and a net margin of 15.93%. The company’s revenue for the quarter was up 13.1% on a year-over-year basis. During the same quarter last year, the business posted $1.25 earnings per share. equities analysts predict that Eagle Materials will post 5.02 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 26th. Stockholders of record on Friday, December 22nd will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.36%. The ex-dividend date is Thursday, December 21st. Eagle Materials’s dividend payout ratio is 9.20%.

In related news, CFO Dale Craig Kesler sold 5,000 shares of the firm’s stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $111.64, for a total value of $558,200.00. Following the completion of the transaction, the chief financial officer now owns 56,778 shares of the company’s stock, valued at $6,338,695.92. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Gerald J. Essl sold 8,161 shares of the firm’s stock in a transaction on Thursday, October 26th. The shares were sold at an average price of $105.00, for a total transaction of $856,905.00. Following the completion of the transaction, the insider now directly owns 42,541 shares of the company’s stock, valued at approximately $4,466,805. The disclosure for this sale can be found here. Insiders have sold 74,968 shares of company stock valued at $8,188,108 in the last three months. 4.10% of the stock is owned by insiders.

Institutional investors have recently added to or reduced their stakes in the stock. Bank of Montreal Can lifted its stake in shares of Eagle Materials by 0.3% during the 2nd quarter. Bank of Montreal Can now owns 6,304 shares of the construction company’s stock worth $583,000 after buying an additional 17 shares during the last quarter. Aperio Group LLC lifted its stake in shares of Eagle Materials by 3.7% during the 2nd quarter. Aperio Group LLC now owns 11,452 shares of the construction company’s stock worth $1,058,000 after buying an additional 407 shares during the last quarter. Russell Investments Group Ltd. lifted its stake in shares of Eagle Materials by 1.7% during the 2nd quarter. Russell Investments Group Ltd. now owns 13,467 shares of the construction company’s stock worth $1,245,000 after buying an additional 219 shares during the last quarter. NGAM Advisors L.P. lifted its stake in shares of Eagle Materials by 1.4% during the 2nd quarter. NGAM Advisors L.P. now owns 26,162 shares of the construction company’s stock worth $2,418,000 after buying an additional 365 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its stake in shares of Eagle Materials by 10.0% during the 2nd quarter. Janney Montgomery Scott LLC now owns 11,544 shares of the construction company’s stock worth $1,067,000 after buying an additional 1,052 shares during the last quarter. 91.55% of the stock is owned by institutional investors and hedge funds.

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About Eagle Materials

Eagle Materials Inc is a supplier of construction products, building materials and materials used for oil and natural gas extraction. The Company operates through five segments: Cement, Concrete and Aggregates, Gypsum Wallboard, Recycled Paperboard, and Oil and Gas Proppants. The Company’s construction products are used in residential, industrial, commercial and infrastructure construction, and include cement, slag, concrete and aggregates.

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