Eagle Materials Inc (NYSE:EXP) is expected to pay $0.10 on Nov 10, 2016. The indicated annual dividend is $0.40. Shareholders owning the stock before Oct 5, 2016 will be eligible to receive the payout. Based on Eagle Materials Inc’s current price of $75.80, the dividend is 0.13%. This dividend’s record date is Oct 7, 2016 and the announcement date is Aug 9, 2016. The stock decreased 1.94% or $1.5 during the last trading session, hitting $75.8. Eagle Materials, Inc. (NYSE:EXP) has risen 22.44% since March 1, 2016 and is uptrending. It has outperformed by 13.19% the S&P500.
Eagle Materials Inc. is a supplier of construction products, building materials and materials used for oil and natural gas extraction. The company has a market cap of $3.61 billion. The Firm operates through five divisions: Cement, Concrete and Aggregates, Gypsum Wallboard, Recycled Paperboard, and Oil and Gas Proppants. It has a 23.42 P/E ratio. The Company’s construction products are used in residential, industrial, commercial and infrastructure construction, and include cement, slag, concrete and aggregates.
Insitutional Activity: The institutional sentiment increased to 1.12 in Q2 2016. Its up 0.17, from 0.95 in 2016Q1. The ratio increased, as 19 funds sold all Eagle Materials, Inc. shares owned while 83 reduced positions. 41 funds bought stakes while 73 increased positions. They now own 43.36 million shares or 1.04% less from 43.81 million shares in 2016Q1.
Millennium Ltd Liability holds 0.08% or 451,421 shares in its portfolio. Marshall Wace Llp has invested 0.06% of its portfolio in Eagle Materials, Inc. (NYSE:EXP). Dimensional Fund L P holds 0.03% or 619,728 shares in its portfolio. Tudor Corp Et Al last reported 25,157 shares in the company. Teacher Retirement Sys Of Texas has 6,979 shares for 0% of their US portfolio. Da Davidson & last reported 42 shares in the company. Proshare Advsrs Limited Liability Company holds 0% or 4,372 shares in its portfolio. Prudential Public Limited holds 0.02% or 66,204 shares in its portfolio. New Mountain Vantage Advisers Lc accumulated 229,691 shares or 0.93% of the stock. Quantbot Technology Lp reported 1,905 shares or 0.02% of all its holdings. Cfo4life Lp holds 0.66% or 9,999 shares in its portfolio. Utah Retirement last reported 8,600 shares in the company. Blackrock Institutional Trust Communications Na has 0.02% invested in the company for 1.41M shares. Chesapeake Prtn Management Co Md reported 393,710 shares or 4.54% of all its holdings. Ls Inv has 2,935 shares for 0.02% of their US portfolio.
Insider Transactions: Since May 26, 2016, the stock had 0 insider purchases, and 4 selling transactions for $5.78 million net activity. 16,221 shares were sold by BARNETT F WILLIAM, worth $1.39M on Thursday, July 28. Another trade for 32,184 shares valued at $2.56M was made by Kesler Dale Craig on Thursday, May 26. STEWART RICHARD ROSS had sold 10,888 shares worth $793,082. The insider STEWART ROBERT S sold $1.03M.
Eagle Materials, Inc. (NYSE:EXP) Ratings Coverage
Out of 8 analysts covering Eagle Materials (NYSE:EXP), 4 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 50% are positive. Eagle Materials has been the topic of 13 analyst reports since August 5, 2015 according to StockzIntelligence Inc. As per Monday, March 28, the company rating was initiated by Standpoint Research. The stock of Eagle Materials, Inc. (NYSE:EXP) earned “Buy” rating by Stifel Nicolaus on Wednesday, August 5. The stock of Eagle Materials, Inc. (NYSE:EXP) earned “Buy” rating by Citigroup on Tuesday, December 15. The firm earned “Buy” rating on Friday, October 23 by Stifel Nicolaus. On Friday, November 20 the stock rating was downgraded by Goldman Sachs to “Neutral”. The firm has “Hold” rating by Standpoint Research given on Friday, July 22. CL King upgraded Eagle Materials, Inc. (NYSE:EXP) on Monday, December 14 to “Strong Buy” rating. The stock of Eagle Materials, Inc. (NYSE:EXP) earned “Neutral” rating by Longbow on Friday, October 9. The stock of Eagle Materials, Inc. (NYSE:EXP) earned “Buy” rating by BB&T Capital on Monday, March 28. On Monday, April 18 the stock rating was maintained by Citigroup with “Buy”.
More notable recent Eagle Materials, Inc. (NYSE:EXP) news were published by: Fool.com which released: “Eagle Materials, Inc. Earnings Are Cemented by Strong Volumes” on July 25, 2016, also Wsj.com with their article: “Cemex to Sell Ohio Assets to Eagle Materials” published on September 12, 2016, Businesswire.com published: “Eagle Materials Inc. Appoints George Damiris to Its Board of Directors” on September 27, 2016. More interesting news about Eagle Materials, Inc. (NYSE:EXP) were released by: Nasdaq.com and their article: “Ex-Dividend Reminder: Eagle Materials, Smith & Nephew and Simpson Manufacturing” published on October 03, 2016 as well as Seekingalpha.com‘s news article titled: “Eagle Materials – Adding Further Cement To The Business” with publication date: September 12, 2016.
EXP Company Profile
Eagle Materials Inc., incorporated on January 27, 1994, is a supplier of construction products, building materials and materials used for oil and natural gas extraction. The Firm operates through five divisions: 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. The Company’s building material include gypsum wallboard. The Company’s basic materials used for oil and natural gas extraction include frac sand and oil well cement. It sells cement in over six regional markets, including northern Nevada and California, the greater Chicago area, the Rocky Mountain region, the Central Plains region and Texas. It sells slag in the greater Chicago, Illinois area and the greater Midwest area. It has approximately three concrete and aggregates businesses. The Firm also operates a recycled paperboard business, which sells internally to its wallboard business, as well as to external customers. It sells oil well cement and frac sand to shale deposit zones across the United States.
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