Eagle Materials (NYSE:EXP) Releases Earnings Results, Beats Expectations By $0.34 EPS

Eagle Materials (NYSE:EXP) announced its earnings results on Tuesday. The construction company reported $1.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.34, Briefing.com reports. Eagle Materials had a net margin of 18.70% and a return on equity of 28.96%. The firm’s revenue was up 1.9% on a year-over-year basis. During the same period last year, the firm posted $2.00 earnings per share.

Here are the key takeaways from Eagle Materials’ conference call:

• Eagle delivered record fiscal 2026 revenue of $2.3 billion and EPS of $13.16, marking the fifth straight year of record revenue and supporting management’s view that the business is executing well despite a choppy macro backdrop.
• Light materials remained pressured, with annual revenue down 9% and operating earnings down 15% as lower wallboard volume and prices reflected continued softness in residential construction.
• Heavy materials performed strongly, led by an 8% increase in cement sales volume and record aggregates volume; management said infrastructure spending and data center demand are supporting regional markets.
• Cash generation and shareholder returns were strong, with operating cash flow up 12% to $614 million and $414 million returned to shareholders through dividends and buybacks.
• Major capital projects are nearing completion but will keep CapEx elevated in fiscal 2027, as Mountain Cement and the Duke Oklahoma wallboard plant modernizations continue; management expects the spending peak in 2027 before dropping materially afterward.

Eagle Materials Stock Up 1.1%

Shares of NYSE EXP opened at $196.71 on Tuesday. Eagle Materials has a 52-week low of $171.99 and a 52-week high of $243.64. The company has a debt-to-equity ratio of 1.17, a quick ratio of 2.68 and a current ratio of 4.27. The stock has a market cap of $6.18 billion, a P/E ratio of 14.89 and a beta of 1.38. The firm has a 50 day moving average price of $195.94 and a 200 day moving average price of $211.00.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in EXP. Corient Private Wealth LLC boosted its position in shares of Eagle Materials by 36.2% during the fourth quarter. Corient Private Wealth LLC now owns 1,820 shares of the construction company’s stock worth $379,000 after buying an additional 484 shares during the period. Mercer Global Advisors Inc. ADV raised its holdings in shares of Eagle Materials by 141.8% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 5,136 shares of the construction company’s stock valued at $1,062,000 after purchasing an additional 3,012 shares during the last quarter. State of Tennessee Department of Treasury lifted its position in shares of Eagle Materials by 4.0% in the fourth quarter. State of Tennessee Department of Treasury now owns 12,436 shares of the construction company’s stock worth $2,535,000 after purchasing an additional 483 shares in the last quarter. EP Wealth Advisors LLC acquired a new position in Eagle Materials during the fourth quarter worth $223,000. Finally, NewEdge Advisors LLC grew its position in shares of Eagle Materials by 3.8% in the 4th quarter. NewEdge Advisors LLC now owns 3,638 shares of the construction company’s stock valued at $752,000 after acquiring an additional 134 shares during the period. Institutional investors and hedge funds own 96.07% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Royal Bank Of Canada set a $208.00 price objective on Eagle Materials in a report on Tuesday, February 24th. Citigroup dropped their price objective on shares of Eagle Materials from $232.00 to $224.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 3rd. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $215.00 target price (down from $230.00) on shares of Eagle Materials in a research report on Monday, February 16th. DA Davidson dropped their price objective on Eagle Materials from $225.00 to $210.00 and set a “neutral” rating on the stock in a report on Monday, February 2nd. Finally, Zacks Research raised shares of Eagle Materials from a “strong sell” rating to a “hold” rating in a research report on Monday, March 23rd. Two equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Eagle Materials currently has an average rating of “Hold” and a consensus price target of $228.82.

Eagle Materials Company Profile

Eagle Materials Inc (NYSE:EXP) is a Dallas, Texas–based manufacturer of building materials serving construction and heavy industry markets across the United States. The company’s primary products include portland and masonry cements, gypsum wallboard, lightweight aggregate, paperboard packaging, and roofing granules. These product lines support a wide range of end uses—from residential and commercial buildings to infrastructure projects and industrial applications.

Since its spin-off from a major homebuilding company in 2004, Eagle Materials has grown through targeted facility expansions and strategic acquisitions.