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Eagle Materials Inc (NYSE:EXP – Get Free Report) reached a new 52-week low during trading on Tuesday. The company traded as low as $163.51 and last traded at $163.7060, with a volume of 360,906 shares trading hands. The stock had previously closed at $164.70.

Wall Street Analysts Forecast Growth A number of equities research analysts have recently commented on the stock. Truist Financial reduced their target price on shares of Eagle Materials from $210.00 to $165.00 and set a “hold” rating for the company in a report on Thursday. Weiss Ratings restated a “hold (c)” rating on shares of Eagle Materials in a research report on Friday, September 11th. Stephens boosted their price target on Eagle Materials from $225.00 to $230.00 and gave the company an “equal weight” rating in a research report on Thursday, July 30th. Wells Fargo & Company cut their price objective on shares of 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. Finally, DA Davidson reduced their target price on shares of Eagle Materials from $220.00 to $207.00 and set a “neutral” rating for the company in a research note on Monday, September 14th. Ten equities research analysts have rated the stock with a Hold rating. According to data from MarketBeat, Eagle Materials currently has a consensus rating of “Hold” and a consensus price target of $202.33.

Read Our Latest Stock Report on Eagle Materials

Eagle Materials Stock Performance The company has a debt-to-equity ratio of 1.17, a current ratio of 3.23 and a quick ratio of 1.91. The company has a market capitalization of $5.02 billion, a PE ratio of 12.94 and a beta of 1.33. The stock has a 50-day simple moving average of $190.17 and a 200 day simple moving average of $201.75. Eagle Materials (NYSE:EXP – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The construction company reported $3.29 EPS for the quarter, missing the consensus estimate of $3.37 by ($0.08). Eagle Materials had a net margin of 17.32% and a return on equity of 26.87%. The business had revenue of $650.97 million during the quarter, compared to analyst estimates of $620.35 million. During the same quarter in the prior year, the company earned $3.76 earnings per share. The firm’s revenue for the quarter was up 2.6% compared to the same quarter last year. Equities analysts anticipate that Eagle Materials Inc will post 12.66 EPS for the current fiscal year.

Eagle Materials Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 13th. Investors of record on Monday, September 14th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Monday, September 14th. Eagle Materials’s dividend payout ratio (DPR) is currently 7.91%.

Insider Buying and Selling In other Eagle Materials news, SVP Tony Thompson sold 3,074 shares of the company’s stock in a transaction dated 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 directly owned 10,142 shares in the company, valued at approximately $2,068,562.32. This represents a 23.26% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.70% of the company’s stock.

Hedge Funds Weigh In On Eagle Materials A number of institutional investors have recently modified their holdings of the company. BlackRock Inc. acquired a new position in Eagle Materials in the second quarter valued at $688,486,000. W1M Asset Management Ltd purchased a new stake in Eagle Materials during the second quarter valued at about $155,199,000. Dimensional Fund Advisors LP grew its position in Eagle Materials by 2.7% during the first quarter. Dimensional Fund Advisors LP now owns 627,427 shares of the construction company’s stock valued at $118,846,000 after acquiring an additional 16,782 shares during the period. William Blair Investment Management LLC acquired a new stake in Eagle Materials during the second quarter worth about $129,760,000. Finally, Bank of America Corp DE acquired a new stake in Eagle Materials during the second quarter worth about $66,255,000. Institutional investors and hedge funds own 96.07% of the company’s stock.

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Eagle Materials Inc (NYSE: EXP) is a Dallas-based manufacturer of basic building materials used in residential, commercial and infrastructure construction. Its primary products include Portland cement, ready-mixed concrete, aggregates, gypsum wallboard and gypsum paperboard.

The company operates through businesses focused on cement, concrete and aggregates, and gypsum wallboard and paperboard. Its materials are sold primarily in the United States, with production and distribution operations serving markets across several regions, including the central, southern and southwestern parts of the country.

Eagle Materials traces its origins to the construction-materials operations formerly associated with Centex Corporation and became an independent, publicly traded company in 1994.

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Eagle Materials (EXP - Free Report) came out with quarterly earnings of $3.29 per share, beating the Zacks Consensus Estimate of $3.26 per share. This compares to earnings of $3.76 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +0.92%. A quarter ago, it was expected that this maker of gypsum wallboard and cement would post earnings of $1.47 per share when it actually produced earnings of $1.91, delivering a surprise of +29.93%.

Over the last four quarters, the company has surpassed consensus EPS estimates two times.

Eagle Materials, which belongs to the Zacks Building Products - Concrete and Aggregates industry, posted revenues of $650.97 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 3.56%. This compares to year-ago revenues of $634.69 million. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Eagle Materials shares have added about 7.4% since the beginning of the year versus the S&P 500's gain of 8.5%.

What's Next for Eagle Materials?While Eagle Materials has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Eagle Materials was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $4.16 on $648.69 million in revenues for the coming quarter and $12.90 on $2.35 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Building Products - Concrete and Aggregates is currently in the bottom 20% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

One other stock from the same industry, Martin Marietta (MLM - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on July 30.

This seller of granite, limestone, sand and gravel is expected to post quarterly earnings of $4.62 per share in its upcoming report, which represents a year-over-year change of -14.9%. The consensus EPS estimate for the quarter has been revised 2% higher over the last 30 days to the current level.

Martin Marietta's revenues are expected to be $1.87 billion, up 3.1% from the year-ago quarter.