Eagle Materials Inc. (NYSE:EXP) insider Gerald J. Essl sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 15th. The stock was sold at an average price of $94.41, for a total transaction of $944,100.00. Following the completion of the transaction, the insider now owns 42,529 shares in the company, valued at $4,015,162.89. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of Eagle Materials Inc. (NYSE:EXP) opened at 92.89 on Friday. Eagle Materials Inc. has a 1-year low of $45.03 and a 1-year high of $97.05. The stock’s 50 day moving average price is $81.80 and its 200-day moving average price is $79.74. The stock has a market cap of $4.48 billion, a price-to-earnings ratio of 23.90 and a beta of 1.31.

Eagle Materials (NYSE:EXP) last issued its earnings results on Monday, October 24th. The company reported $1.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.30 by $0.05. The business had revenue of $332.70 million for the quarter, compared to the consensus estimate of $344.65 million. Eagle Materials had a net margin of 16.43% and a return on equity of 17.96%. The firm’s revenue for the quarter was up 1.1% compared to the same quarter last year. During the same period last year, the business posted $1.11 EPS. On average, equities research analysts forecast that Eagle Materials Inc. will post $4.16 earnings per share for the current year.

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

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 20th. Investors of record on Friday, December 23rd will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.43%. The ex-dividend date of this dividend is Wednesday, December 21st. Eagle Materials’s dividend payout ratio (DPR) is presently 10.26%.

Several research analysts recently weighed in on EXP shares. Stephens cut shares of Eagle Materials from an “overweight” rating to an “equal weight” rating in a research report on Thursday. Standpoint Research upgraded shares of Eagle Materials from a “hold” rating to a “buy” rating in a research report on Tuesday, October 4th. Zacks Investment Research cut shares of Eagle Materials from a “buy” rating to a “hold” rating in a research report on Wednesday, September 14th. CL King upgraded shares of Eagle Materials from a “neutral” rating to a “buy” rating in a research report on Tuesday, October 4th. Finally, DA Davidson decreased their price objective on shares of Eagle Materials from $100.00 to $92.00 and set a “buy” rating on the stock in a research report on Tuesday, July 26th. Four research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $85.00.

A number of hedge funds have recently modified their holdings of EXP. Tower Research Capital LLC TRC increased its stake in shares of Eagle Materials by 1.4% in the third quarter. Tower Research Capital LLC TRC now owns 1,699 shares of the company’s stock valued at $132,000 after buying an additional 24 shares during the period. Aperio Group LLC increased its stake in shares of Eagle Materials by 1.1% in the third quarter. Aperio Group LLC now owns 7,060 shares of the company’s stock valued at $546,000 after buying an additional 75 shares during the period. Ranger Investment Management L.P. increased its stake in shares of Eagle Materials by 0.5% in the second quarter. Ranger Investment Management L.P. now owns 15,820 shares of the company’s stock valued at $1,221,000 after buying an additional 80 shares during the period. AMI Investment Management Inc. increased its stake in shares of Eagle Materials by 0.4% in the third quarter. AMI Investment Management Inc. now owns 29,275 shares of the company’s stock valued at $2,263,000 after buying an additional 110 shares during the period. Finally, Advisor Group Inc. increased its stake in shares of Eagle Materials by 4.8% in the third quarter. Advisor Group Inc. now owns 2,957 shares of the company’s stock valued at $195,000 after buying an additional 136 shares during the period. 94.54% of the stock is currently owned by institutional investors.

Eagle Materials Company Profile

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.

5 Day Chart for NYSE:EXP

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