Equities research analysts expect USG Co. (NYSE:USG) to announce earnings per share (EPS) of $0.47 for the current fiscal quarter, according to Zacks. Six analysts have provided estimates for USG’s earnings. The lowest EPS estimate is $0.43 and the highest is $0.49. USG reported earnings of $0.43 per share during the same quarter last year, which indicates a positive year over year growth rate of 9.3%. The business is scheduled to issue its next earnings report before the market opens on Thursday, April 27th.

According to Zacks, analysts expect that USG will report full-year earnings of $2.04 per share for the current fiscal year, with EPS estimates ranging from $1.95 to $2.11. For the next year, analysts expect that the company will post earnings of $2.41 per share, with EPS estimates ranging from $2.31 to $2.65. Zacks’ earnings per share calculations are an average based on a survey of sell-side research analysts that that provide coverage for USG.

USG (NYSE:USG) last announced its quarterly earnings data on Wednesday, February 1st. The construction company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.09. USG had a net margin of 14.69% and a return on equity of 16.06%. The firm had revenue of $734 million for the quarter, compared to analyst estimates of $727.44 million. During the same quarter in the prior year, the business earned $0.42 earnings per share. The business’s quarterly revenue was up 2.2% compared to the same quarter last year.



Several research analysts have issued reports on USG shares. Nomura started coverage on shares of USG in a report on Wednesday, April 12th. They issued a “neutral” rating and a $33.00 target price for the company. Zacks Investment Research cut shares of USG from a “hold” rating to a “sell” rating in a report on Wednesday, December 28th. Barclays PLC started coverage on shares of USG in a report on Thursday, January 5th. They issued an “underweight” rating and a $29.00 target price for the company. Macquarie cut shares of USG from an “outperform” rating to a “neutral” rating and decreased their target price for the stock from $38.00 to $34.00 in a report on Wednesday, March 29th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a $30.00 target price (up from $28.00) on shares of USG in a report on Wednesday, January 11th. Four analysts have rated the stock with a sell rating, eight have assigned a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $32.67.

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In other news, insider Dominic A. Dannessa sold 2,500 shares of the business’s stock in a transaction that occurred on Wednesday, February 22nd. The shares were sold at an average price of $33.54, for a total transaction of $83,850.00. Following the completion of the transaction, the insider now directly owns 66,023 shares of the company’s stock, valued at $2,214,411.42. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.40% of the stock is owned by insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Shapiro Capital Management LLC increased its position in USG by 5.9% in the third quarter. Shapiro Capital Management LLC now owns 4,556,122 shares of the construction company’s stock worth $117,776,000 after buying an additional 251,894 shares during the period. GMT Capital Corp increased its position in USG by 12.5% in the third quarter. GMT Capital Corp now owns 1,771,900 shares of the construction company’s stock worth $45,804,000 after buying an additional 197,500 shares during the period. Macquarie Group Ltd. purchased a new position in USG during the fourth quarter worth approximately $31,029,000. Bank of New York Mellon Corp increased its position in USG by 167.6% in the third quarter. Bank of New York Mellon Corp now owns 865,933 shares of the construction company’s stock worth $22,383,000 after buying an additional 542,328 shares during the period. Finally, Ecofin Ltd. purchased a new position in USG during the fourth quarter worth approximately $18,245,000. 85.52% of the stock is owned by hedge funds and other institutional investors.

Shares of USG (NYSE:USG) traded down 2.03% during trading on Friday, hitting $31.37. 1,283,915 shares of the stock traded hands. The firm has a market cap of $4.59 billion, a price-to-earnings ratio of 9.05 and a beta of 1.36. USG has a 12 month low of $23.71 and a 12 month high of $34.67. The company has a 50 day moving average price of $32.53 and a 200 day moving average price of $29.80.

About USG

USG Corporation, through its subsidiaries, is a manufacturer and distributor of building materials. The Company’s segments include Gypsum, Ceilings and USG Boral Building Products (UBBP). It produces a range of products for use in new residential, new nonresidential, and residential and nonresidential repair and remodel construction, as well as products used in certain industrial processes.

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