Eagle Materials Inc (NYSE:EXP) COO Michael Haack sold 6,731 shares of the stock in a transaction that occurred on Friday, December 8th. The stock was sold at an average price of $115.00, for a total value of $774,065.00. Following the completion of the transaction, the chief operating officer now directly owns 28,136 shares of the company’s stock, valued at $3,235,640. The sale was disclosed in a filing with the SEC, which is available through this link.

Michael Haack also recently made the following trade(s):

  • On Thursday, November 30th, Michael Haack sold 10,000 shares of Eagle Materials stock. The stock was sold at an average price of $112.00, for a total value of $1,120,000.00.

Eagle Materials Inc (EXP) traded down $2.73 on Tuesday, reaching $112.25. The company’s stock had a trading volume of 785,931 shares, compared to its average volume of 573,152. The firm has a market capitalization of $5,590.00, a P/E ratio of 25.64, a price-to-earnings-growth ratio of 2.90 and a beta of 1.29. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.02 and a quick ratio of 0.94. Eagle Materials Inc has a 12-month low of $86.51 and a 12-month high of $116.72.

Eagle Materials (NYSE:EXP) last released its earnings results on Wednesday, October 25th. The construction company reported $1.31 earnings per share for the quarter, missing analysts’ consensus estimates 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 business’s revenue for the quarter was up 13.1% on a year-over-year basis. During the same quarter last year, the company earned $1.25 earnings per share. research analysts predict that Eagle Materials Inc will post 5.01 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, January 26th. Shareholders of record on Friday, December 22nd will be given a $0.10 dividend. The ex-dividend date is Thursday, December 21st. This represents a $0.40 dividend on an annualized basis and a yield of 0.36%. Eagle Materials’s dividend payout ratio (DPR) is 9.20%.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Skylands Capital LLC lifted its position in Eagle Materials by 58.6% in the third quarter. Skylands Capital LLC now owns 87,600 shares of the construction company’s stock worth $9,347,000 after purchasing an additional 32,375 shares during the period. Dimensional Fund Advisors LP lifted its position in Eagle Materials by 2.3% in the second quarter. Dimensional Fund Advisors LP now owns 442,837 shares of the construction company’s stock worth $40,925,000 after purchasing an additional 9,922 shares during the period. American Century Companies Inc. lifted its position in Eagle Materials by 8.4% in the second quarter. American Century Companies Inc. now owns 180,992 shares of the construction company’s stock worth $16,727,000 after purchasing an additional 14,020 shares during the period. Quantbot Technologies LP lifted its position in Eagle Materials by 20.1% in the second quarter. Quantbot Technologies LP now owns 18,530 shares of the construction company’s stock worth $1,712,000 after purchasing an additional 3,103 shares during the period. Finally, Prudential Financial Inc. lifted its position in shares of Eagle Materials by 39.7% during the 2nd quarter. Prudential Financial Inc. now owns 419,711 shares of the construction company’s stock valued at $38,789,000 after acquiring an additional 119,184 shares during the last quarter. Hedge funds and other institutional investors own 91.55% of the company’s stock.

A number of equities analysts recently issued reports on EXP shares. Stifel Nicolaus increased their price objective on Eagle Materials from $120.00 to $135.00 and gave the stock a “buy” rating in a report on Wednesday, December 6th. Standpoint Research lowered Eagle Materials from a “buy” rating to a “hold” rating in a report on Thursday, September 28th. They noted that the move was a valuation call. Finally, Zacks Investment Research raised Eagle Materials from a “sell” rating to a “hold” rating in a report on Wednesday, September 27th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the stock. Eagle Materials has an average rating of “Hold” and a consensus target price of $122.50.

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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.

Insider Buying and Selling by Quarter for Eagle Materials (NYSE:EXP)

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