Eagle Materials (NYSE:EXP) Issues Earnings Results

Eagle Materials (NYSE:EXP) posted its quarterly earnings data on Wednesday. The construction company reported $3.63 earnings per share for the quarter, missing analysts’ consensus estimates of $3.82 by ($0.19), FiscalAI reports. Eagle Materials had a return on equity of 26.87% and a net margin of 17.32%. The company had revenue of $652.75 million for the quarter, compared to analyst estimates of $633.08 million. During the same quarter in the prior year, the company posted $4.23 earnings per share. The business’s revenue was up 2.2% on a year-over-year basis.

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 Up 2.7%

NYSE EXP opened at $197.97 on Thursday. The stock has a market cap of $6.07 billion, a PE ratio of 15.65 and a beta of 1.29. The business has a 50 day moving average price of $179.73 and a two-hundred day moving average price of $202.20. The company has a quick ratio of 1.91, a current ratio of 3.23 and a debt-to-equity ratio of 1.17. Eagle Materials has a fifty-two week low of $160.02 and a fifty-two week high of $245.53.

Eagle Materials Announces Dividend

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

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on EXP shares. Wells Fargo & Company dropped their price target on Eagle Materials from $196.00 to $188.00 and set an “equal weight” rating for the company in a research report on Monday, October 5th. JPMorgan Chase & Co. cut their target price on shares of Eagle Materials from $225.00 to $200.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 13th. DA Davidson set a $195.00 price objective on shares of Eagle Materials in a research note on Thursday. Truist Financial dropped their target price on Eagle Materials from $210.00 to $165.00 and set a “hold” rating on the stock in a research report on Thursday, October 8th. Finally, Stifel Nicolaus dropped their price target on Eagle Materials from $232.00 to $207.00 and set a “hold” rating for the company in a research report on Wednesday, October 28th. Ten analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average target price of $193.89.

Eagle Materials News Roundup

Here are the key news stories impacting Eagle Materials this week:

• Positive Sentiment: Second-quarter revenue reached a record $652.75 million, up 2.2% year over year and ahead of analyst expectations. The company also announced cement price increases of $10–$15 per ton, effective January 2027, which could support future sales and margins. Eagle Materials: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: Eagle Materials kept its quarterly dividend at $0.25 per share, equivalent to a $1.00 annualized payout and a yield of about 0.5%. Eagle Materials Keeps Quarterly Dividend at $0.25 a Share
• Negative Sentiment: Quarterly EPS of $3.63 missed analyst estimates, which ranged from $3.71 to $3.82, and was down from $4.23 a year earlier. The earnings shortfall and lower year-over-year profit point to pressure from rising costs, despite the revenue beat. Eagle Materials Q2 2027: Revenue Beats but Earnings Miss on Surging Costs

Insider Activity

In other Eagle Materials news, SVP Tony Thompson sold 3,074 shares of the stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $203.96, for a total transaction 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. This trade represents a 23.26% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 1.70% of the stock is currently owned by insiders.

About Eagle Materials

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.