Eagle Materials (NYSE:EXP) Announces Earnings Results

Eagle Materials (NYSE:EXP) issued its earnings results on Wednesday. The construction company reported $3.63 earnings per share for the quarter, missing the consensus estimate of $3.82 by ($0.19), FiscalAI reports. Eagle Materials had a return on equity of 25.16% and a net margin of 16.11%. The firm had revenue of $652.75 million during the quarter, compared to analysts’ expectations of $633.08 million. During the same quarter in the prior year, the company posted $4.23 earnings per share. Eagle Materials’s quarterly revenue was up 2.2% compared to the same quarter last year.

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

• Second-quarter revenue reached a record $653 million, up 2%, but EPS fell 14% to $3.63 as higher diesel-related freight and other operating costs weighed on margins.
• Cement demand remained supported by infrastructure and data-center projects, and Eagle announced price increases of roughly $10–$15 per ton in most cement markets effective January 2027. Residential construction and wallboard demand remain weak amid affordability and interest-rate pressures.
• Mountain Cement’s aging plant experienced another operational disruption, and commissioning its replacement may temporarily increase freight costs; management said it expects to maintain customer service during the transition. The modernization remains on schedule, with savings expected to build from the latter part of fiscal 2028.
• Operating cash flow rose 7% to $364 million in the first half, and Eagle returned $162 million to shareholders through dividends and share repurchases. Capital spending is expected to peak in fiscal 2027, with a significant step-down anticipated in fiscal 2028 as the Laramie project is completed.

Eagle Materials Stock Performance

Shares of Eagle Materials stock opened at $189.70 on Friday. The company has a market capitalization of $5.82 billion, a PE ratio of 15.74 and a beta of 1.29. The company has a 50-day simple moving average of $179.52 and a two-hundred day simple moving average of $201.99. Eagle Materials has a one year low of $160.02 and a one year high of $245.53. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.91 and a current ratio of 3.29.

Eagle Materials Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, January 11th. Shareholders of record on Monday, December 14th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.5%. The ex-dividend date is Monday, December 14th. Eagle Materials’s payout ratio is 7.91%.

Insider Buying and Selling at Eagle Materials

In other news, SVP Tony Thompson sold 3,074 shares of Eagle Materials stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $203.96, for a total value of $626,973.04. Following the transaction, the senior vice president owned 10,142 shares of the company’s stock, valued at $2,068,562.32. The trade was a 23.26% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.70% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on EXP. Zacks Research downgraded Eagle Materials from a “hold” rating to a “strong sell” rating in a report on Friday, October 16th. Stephens increased their target price on shares of Eagle Materials from $225.00 to $230.00 and gave the stock an “equal weight” rating in a report on Thursday, July 30th. Royal Bank Of Canada cut their target price on shares of Eagle Materials from $219.00 to $170.00 and set a “sector perform” rating on the stock in a research report on Friday, October 9th. JPMorgan Chase & Co. reduced their price target on shares of Eagle Materials from $225.00 to $200.00 and set a “neutral” rating for the company in a report on Tuesday, October 13th. Finally, Stifel Nicolaus reduced their price target on shares of Eagle Materials from $232.00 to $207.00 and set a “hold” rating for the company in a report on Wednesday, October 28th. Ten research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Eagle Materials presently has an average rating of “Reduce” and a consensus target price of $194.00.

Eagle Materials Company Profile

Eagle Materials Inc (NYSE: EXP) is a U.S.-based manufacturer of building materials used in residential, commercial, infrastructure and industrial construction. The company’s principal products include cement, gypsum wallboard, concrete and aggregates.

Its cement business produces and distributes Portland cement and related cement products, while its gypsum wallboard business supplies panels used in interior construction. Eagle Materials also provides ready-mixed concrete and construction aggregates, including crushed stone, sand and gravel, for building and infrastructure projects.

The company traces its history to Centex Construction Products, which was spun off from Centex Corporation in 1994 and later adopted the Eagle Materials name.