Michael R. Nicolais, a director at Eagle Materials Inc. (EXP -0.62%), disposed of 1,577 shares on June 17, 2026, according to an SEC Form 4 filing.
Transaction summaryMetricValueShares sold1,577Transaction value$336,279Post-transaction shares (directly held)52,862Post-transaction value$11.27 millionTransaction value based on SEC Form 4 weighted average sale price ($213.24); post-transaction value based on June 17, 2026 market close ($213.24).
Key questionsWhat was the primary driver of this transaction?
The disposal was non-discretionary, executed solely to satisfy the exercise price of non-qualified stock options. This mechanism is a standard component of equity compensation and does not reflect a change in the director's outlook on the company's valuation or performance.How much equity does Nicolais retain in the company?
Following the withholding of shares, Nicolais maintains a direct position of 52,862 shares of common stock. As of July 21, 2026, the stock was priced at $205.01.Are there additional derivative holdings for this insider?
Beyond the common stock reported in this filing, Nicolais continues to hold 4,000 derivative securities directly. These holdings ensure the director maintains significant exposure to future share price appreciation and aligns his interests with those of shareholders.What was the stock's performance context on the day of the transaction?
On the June 17, 2026 transaction date, the company's shares were priced at $213.24. As of that date, the stock had delivered a one-year total return of 10%; however, shares have since fallen to about $205 and are down 7% for the year.Company OverviewMetricValueShare Price (as of market close 2026-07-21)$205.01Market Capitalization$6.3 billionRevenue (TTM)$2.3 billionNet Income (TTM)$423.8 millionCompany SnapshotEagle Materials Inc. manufactures and distributes a comprehensive range of heavy construction and light building materials, including Portland cement, concrete, aggregates, gypsum wallboard, and recycled paperboard, generating revenue across four primary operating segments.The company operates an integrated business model centered on the mining of limestone and the production, distribution, and sale of construction materials to regional and national markets, capturing value across the supply chain from raw material extraction through finished product delivery.Eagle Materials serves a diverse customer base, including construction contractors, building product distributors, and commercial end-users engaged in residential and non-residential construction projects throughout the United States.Eagle Materials Inc. is a vertically integrated producer of essential construction materials with operations spanning cement manufacturing, concrete and aggregates production, gypsum wallboard fabrication, and recycled paperboard processing. The company's diversified product portfolio and geographic footprint position it as a significant participant in the U.S. construction materials sector, with a market capitalization of $6.3 billion and TTM revenues of $2.3 billion. The company's integrated operations and established distribution network provide competitive advantages in serving the cyclical construction industry.
What this transaction means for investorsGiven the nature of the transaction, Nicolais didn't take cash out of this at all. Meanwhile, the price also lands exactly at that day's close, making clear that this was a company-facilitated exchange rather than a market order. For a director converting options while keeping the resulting equity, the read is straightforward.
That said, the business isn’t so clear-cut. Eagle closed fiscal 2026 with record revenue of $2.3 billion, but net earnings fell 9% to $423.8 million. Its heavy materials arm, cement and aggregates, grew about 10% to $1.43 billion on infrastructure and data center demand, while light materials, mostly wallboard, dropped 9% to $881.4 million on soft housing. CEO Michael Haack candidly noted that conditions "create some near-term uncertainty in the demand outlook." That split explains the very choppy stock over this past year, including a nearly 40% surge between March and June, and a nearly 15% tumble since. One half of the business rides construction spending, the other relies on housing, and neither has settled into a clear trend yet.
Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool recommends Eagle Materials. The Motley Fool has a disclosure policy.
The market expects Eagle Materials (EXP - Free Report) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The earnings report, which is expected to be released on July 29, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis maker of gypsum wallboard and cement is expected to post quarterly earnings of $3.26 per share in its upcoming report, which represents a year-over-year change of -13.3%.
Revenues are expected to be $628.6 million, down 1% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 1.19% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Eagle Materials?For Eagle Materials, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -4.29%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that Eagle Materials will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Eagle Materials 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 beaten consensus EPS estimates two times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Eagle Materials doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Allspring Global Investments Holdings LLC lessened its holdings in shares of Eagle Materials Inc (NYSE:EXP – Free Report) by 34.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 391,591 shares of the construction company’s stock after selling 209,234 shares during the quarter. Allspring Global Investments Holdings LLC owned about 1.25% of Eagle Materials worth $74,778,000 at the end of the most recent quarter.
A number of other large investors also recently added to or reduced their stakes in the business. Clearstead Advisors LLC lifted its holdings in shares of Eagle Materials by 266.7% in the fourth quarter. Clearstead Advisors LLC now owns 132 shares of the construction company’s stock worth $27,000 after buying an additional 96 shares in the last quarter. Los Angeles Capital Management LLC purchased a new stake in shares of Eagle Materials in the fourth quarter worth about $29,000. IFP Advisors Inc boosted its stake in Eagle Materials by 389.3% during the fourth quarter. IFP Advisors Inc now owns 137 shares of the construction company’s stock valued at $28,000 after buying an additional 109 shares during the last quarter. Measured Wealth Private Client Group LLC bought a new position in Eagle Materials during the third quarter valued at approximately $34,000. Finally, EverSource Wealth Advisors LLC grew its holdings in Eagle Materials by 102.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 172 shares of the construction company’s stock valued at $35,000 after buying an additional 87 shares in the last quarter. 96.07% of the stock is owned by hedge funds and other institutional investors.
Eagle Materials Stock Down 3.7% Shares of EXP opened at $206.13 on Friday. The firm has a fifty day moving average price of $213.33 and a 200-day moving average price of $211.16. The company has a current ratio of 3.66, a quick ratio of 2.09 and a debt-to-equity ratio of 1.18. The firm has a market capitalization of $6.37 billion, a P/E ratio of 15.71 and a beta of 1.37. Eagle Materials Inc has a 12-month low of $171.99 and a 12-month high of $245.53.
Eagle Materials (NYSE:EXP – Get Free Report) last posted its quarterly earnings results on Tuesday, May 19th. The construction company reported $1.91 EPS for the quarter, topping the consensus estimate of $1.59 by $0.32. Eagle Materials had a net margin of 18.36% and a return on equity of 28.27%. The company had revenue of $479.11 million for the quarter, compared to the consensus estimate of $451.99 million. During the same quarter last year, the firm posted $2.00 EPS. The firm’s revenue was up 1.9% compared to the same quarter last year. Equities research analysts expect that Eagle Materials Inc will post 12.9 earnings per share for the current year.
Eagle Materials Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Monday, July 20th. Stockholders of record on Monday, June 15th will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Monday, June 15th. Eagle Materials’s dividend payout ratio is presently 7.62%.
Wall Street Analyst Weigh In A number of research analysts recently weighed in on EXP shares. Zacks Research raised shares of Eagle Materials from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 1st. Stephens decreased their price target on shares of Eagle Materials from $235.00 to $225.00 and set an “equal weight” rating on the stock in a research note on Wednesday, May 20th. JPMorgan Chase & Co. upgraded shares of Eagle Materials from an “underweight” rating to a “neutral” rating and set a $225.00 price objective for the company in a research report on Tuesday, June 2nd. Jefferies Financial Group reissued a “hold” rating and issued a $200.00 price objective on shares of Eagle Materials in a research note on Wednesday, May 20th. Finally, Wall Street Zen upgraded shares of Eagle Materials from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Eagle Materials currently has an average rating of “Hold” and an average price target of $226.00.
Read Our Latest Analysis on EXP
About Eagle Materials (Free Report)
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.
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DALLAS--(BUSINESS WIRE)--Eagle Materials Inc. (NYSE: EXP) will release financial results for the first quarter of fiscal year 2027 ended June 30, 2026, on Wednesday, July 29, 2026, before the open of the NYSE and will host an investor conference call the same day, Wednesday, July 29, 2026, at 8:30 am Eastern Time (7:30 am Central Time). The call can be accessed as follows: Webcast and slide presentation: ir.eaglematerials.com/webcasts-presentations The slides will be available for download.
Eagle Materials (EXP) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
ArrowMark Colorado Holdings LLC boosted its position in shares of Eagle Materials Inc (NYSE: EXP) by 30.3% in the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 121,599 shares of the construction company's stock after buying an additional 28,262
Allspring Global Investments Holdings LLC lowered its position in shares of Eagle Materials Inc (NYSE:EXP – Free Report) by 9.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 600,825 shares of the construction company’s stock after selling 63,969 shares during the period. Allspring Global Investments Holdings LLC owned about 1.87% of Eagle Materials worth $127,044,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also made changes to their positions in the company. Focus Partners Wealth boosted its holdings in shares of Eagle Materials by 21.5% in the first quarter. Focus Partners Wealth now owns 2,019 shares of the construction company’s stock valued at $448,000 after acquiring an additional 357 shares during the period. MAI Capital Management increased its holdings in shares of Eagle Materials by 3,060.0% in the 2nd quarter. MAI Capital Management now owns 158 shares of the construction company’s stock valued at $32,000 after acquiring an additional 153 shares during the period. Prudential Financial Inc. increased its holdings in shares of Eagle Materials by 38.7% in the 2nd quarter. Prudential Financial Inc. now owns 3,252 shares of the construction company’s stock valued at $657,000 after acquiring an additional 907 shares during the period. Steward Partners Investment Advisory LLC raised its position in Eagle Materials by 10.3% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 1,986 shares of the construction company’s stock valued at $401,000 after purchasing an additional 185 shares during the last quarter. Finally, Russell Investments Group Ltd. raised its position in Eagle Materials by 4.6% in the 2nd quarter. Russell Investments Group Ltd. now owns 23,117 shares of the construction company’s stock valued at $4,672,000 after purchasing an additional 1,011 shares during the last quarter. 96.07% of the stock is owned by hedge funds and other institutional investors.
Eagle Materials Stock Down 0.3% Shares of Eagle Materials stock opened at $181.77 on Tuesday. Eagle Materials Inc has a one year low of $171.99 and a one year high of $243.64. The company has a market cap of $5.71 billion, a P/E ratio of 13.76 and a beta of 1.35. 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 firm has a fifty day moving average of $210.90 and a two-hundred day moving average of $218.57.
Eagle Materials (NYSE:EXP – Get Free Report) last issued its earnings results on Thursday, January 29th. The construction company reported $3.22 earnings per share for the quarter, missing the consensus estimate of $3.32 by ($0.10). Eagle Materials had a net margin of 18.70% and a return on equity of 28.96%. The firm had revenue of $555.96 million during the quarter, compared to analysts’ expectations of $556.41 million. During the same period in the previous year, the firm earned $3.59 EPS. The firm’s revenue was down .4% on a year-over-year basis. On average, analysts forecast that Eagle Materials Inc will post 14.39 earnings per share for the current year.
Eagle Materials Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 13th. Shareholders of record on Monday, March 16th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Monday, March 16th. Eagle Materials’s payout ratio is currently 7.57%.
Analysts Set New Price Targets EXP has been the topic of several research reports. JPMorgan Chase & Co. reissued an “underweight” rating and set a $215.00 price objective (down from $230.00) on shares of Eagle Materials in a research report on Monday, February 16th. Royal Bank Of Canada set a $208.00 target price on shares of Eagle Materials in a report on Tuesday, February 24th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Eagle Materials in a research note on Monday, December 29th. DA Davidson lowered their price target 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, Stephens restated an “equal weight” rating and issued a $245.00 price target on shares of Eagle Materials in a research report on Tuesday, January 20th. Two equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $228.36.
Check Out Our Latest Analysis on Eagle Materials
Eagle Materials Profile (Free Report)
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.
Further Reading Five stocks we like better than Eagle Materials
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Cambiar Investors LLC bought a new position in shares of Eagle Materials Inc (NYSE:EXP – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 6,393 shares of the construction company’s stock, valued at approximately $1,321,000.
Several other institutional investors and hedge funds have also bought and sold shares of EXP. Baupost Group LLC MA boosted its stake in Eagle Materials by 39.0% during the third quarter. Baupost Group LLC MA now owns 939,660 shares of the construction company’s stock worth $218,978,000 after acquiring an additional 263,403 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in Eagle Materials during the third quarter worth $51,812,000. Bank of New York Mellon Corp boosted its stake in Eagle Materials by 61.1% during the third quarter. Bank of New York Mellon Corp now owns 500,474 shares of the construction company’s stock worth $116,630,000 after acquiring an additional 189,725 shares in the last quarter. Cartenna Capital LP bought a new position in Eagle Materials during the third quarter worth $29,480,000. Finally, Ameriprise Financial Inc. boosted its stake in Eagle Materials by 56.9% during the second quarter. Ameriprise Financial Inc. now owns 227,869 shares of the construction company’s stock worth $46,047,000 after acquiring an additional 82,679 shares in the last quarter. 96.07% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In Several research analysts recently issued reports on EXP shares. Citigroup cut their target price 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. Truist Financial reissued a “hold” rating and set a $210.00 target price (down from $280.00) on shares of Eagle Materials in a research note on Friday, December 19th. Zacks Research raised shares of Eagle Materials from a “strong sell” rating to a “hold” rating in a research note on Monday, March 23rd. Wall Street Zen raised shares of Eagle Materials from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Finally, Wells Fargo & Company cut their target price on shares of Eagle Materials from $251.00 to $241.00 and set an “overweight” rating on the stock in a research note on Thursday, January 29th. Two research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $228.36.
Get Our Latest Analysis on EXP
Eagle Materials Stock Up 0.1% Eagle Materials stock opened at $199.73 on Monday. Eagle Materials Inc has a 1-year low of $171.99 and a 1-year high of $243.64. The firm has a market capitalization of $6.28 billion, a price-to-earnings ratio of 15.12 and a beta of 1.39. The firm’s fifty day moving average price is $205.78 and its two-hundred day moving average price is $216.01. The company has a current ratio of 4.27, a quick ratio of 2.68 and a debt-to-equity ratio of 1.17.
Eagle Materials (NYSE:EXP – Get Free Report) last released its quarterly earnings data on Thursday, January 29th. The construction company reported $3.22 earnings per share for the quarter, missing analysts’ consensus estimates of $3.32 by ($0.10). Eagle Materials had a net margin of 18.70% and a return on equity of 28.96%. The business had revenue of $555.96 million during the quarter, compared to the consensus estimate of $556.41 million. During the same period last year, the business posted $3.59 earnings per share. The firm’s quarterly revenue was down .4% on a year-over-year basis. On average, equities research analysts predict that Eagle Materials Inc will post 14.39 earnings per share for the current fiscal year.
Eagle Materials Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 13th. Shareholders of record on Monday, March 16th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Monday, March 16th. Eagle Materials’s dividend payout ratio (DPR) is 7.57%.
Eagle Materials Profile (Free Report)
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.
Read More Five stocks we like better than Eagle Materials Want to see what other hedge funds are holding EXP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Eagle Materials Inc (NYSE:EXP – Free Report).
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DALLAS--(BUSINESS WIRE)--Eagle Materials Inc. (NYSE: EXP) will release financial results for the fourth quarter and fiscal year 2026 ended March 31, 2026, on Tuesday, May 19, 2026, before the open of the NYSE and will host an investor conference call the same day, Tuesday, May 19, 2026, at 8:30 am Eastern Time (7:30 am Central Time). The call can be accessed as follows: Webcast and slide presentation: ir.eaglematerials.com/webcasts-presentations The slides will be available for download in ad.
Cwm LLC boosted its stake in shares of Eagle Materials Inc (NYSE:EXP – Free Report) by 533.1% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 7,230 shares of the construction company’s stock after purchasing an additional 6,088 shares during the period. Cwm LLC’s holdings in Eagle Materials were worth $1,494,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Versant Capital Management Inc grew its position in Eagle Materials by 130.9% during the 3rd quarter. Versant Capital Management Inc now owns 127 shares of the construction company’s stock worth $30,000 after purchasing an additional 72 shares during the period. Aster Capital Management DIFC Ltd acquired a new stake in shares of Eagle Materials during the 3rd quarter valued at about $30,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Eagle Materials during the 3rd quarter valued at about $34,000. EverSource Wealth Advisors LLC grew its position in shares of Eagle Materials by 102.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 172 shares of the construction company’s stock valued at $35,000 after acquiring an additional 87 shares during the period. Finally, Eastern Bank acquired a new stake in shares of Eagle Materials during the 3rd quarter valued at about $49,000. 96.07% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes A number of equities research analysts have recently commented on the company. JPMorgan Chase & Co. restated an “underweight” rating and set a $215.00 target price (down from $230.00) on shares of Eagle Materials in a research report on Monday, February 16th. Zacks Research upgraded Eagle Materials from a “strong sell” rating to a “hold” rating in a research report on Monday, March 23rd. Stephens reaffirmed an “equal weight” rating and issued a $245.00 price target on shares of Eagle Materials in a research note on Tuesday, January 20th. DA Davidson decreased their price target on shares of Eagle Materials from $225.00 to $210.00 and set a “neutral” rating on the stock in a research note on Monday, February 2nd. Finally, Wells Fargo & Company raised their price target on shares of Eagle Materials from $240.00 to $246.00 and gave the company an “overweight” rating in a research note on Wednesday, April 15th. Two equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $228.82.
Read Our Latest Research Report on EXP
Eagle Materials Stock Up 0.1% Shares of NYSE EXP opened at $208.91 on Monday. The company has a 50 day simple moving average of $201.19 and a 200-day simple moving average of $213.89. The company has a market capitalization of $6.57 billion, a P/E ratio of 15.81 and a beta of 1.39. The company has a debt-to-equity ratio of 1.17, a current ratio of 4.27 and a quick ratio of 2.68. Eagle Materials Inc has a 1 year low of $171.99 and a 1 year high of $243.64.
Eagle Materials (NYSE:EXP – Get Free Report) last announced its quarterly earnings results on Thursday, January 29th. The construction company reported $3.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.32 by ($0.10). The firm had revenue of $555.96 million for the quarter, compared to analyst estimates of $556.41 million. Eagle Materials had a return on equity of 28.96% and a net margin of 18.70%.The firm’s quarterly revenue was down .4% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.59 EPS. On average, equities research analysts predict that Eagle Materials Inc will post 12.74 earnings per share for the current year.
Eagle Materials Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Monday, April 13th. Stockholders of record on Monday, March 16th were issued a dividend of $0.25 per share. The ex-dividend date was Monday, March 16th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. Eagle Materials’s dividend payout ratio (DPR) is currently 7.57%.
About Eagle Materials (Free Report)
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.
Further Reading Five stocks we like better than Eagle Materials Want to see what other hedge funds are holding EXP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Eagle Materials Inc (NYSE:EXP – Free Report).
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Eagle Materials is upgraded from “Hold” to a soft “Buy” after a 12.5% stock decline and improving relative valuation. Despite recent revenue and profit weakness, EXP trades at a discount to peers, with potential upside ranging from 2.9% to 101.5% based on multiples. Segment performance is mixed: Cement and Aggregates show growth, while Gypsum Wallboard and Recycled Paperboard remain pressured by a weak housing market.
Wall Street expects a year-over-year decline in earnings on lower revenues when Eagle Materials (EXP - Free Report) reports results for the quarter ended March 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The earnings report, which is expected to be released on May 19, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis maker of gypsum wallboard and cement is expected to post quarterly earnings of $1.47 per share in its upcoming report, which represents a year-over-year change of -29.3%.
Revenues are expected to be $456.22 million, down 3% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.95% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Eagle Materials?For Eagle Materials, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +1.71%.
On the other hand, the stock currently carries a Zacks Rank of #4.
So, this combination makes it difficult to conclusively predict that Eagle Materials will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Eagle Materials would post earnings of $3.32 per share when it actually produced earnings of $3.22, delivering a surprise of -3.01%.
Over the last four quarters, the company has beaten consensus EPS estimates just once.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Eagle Materials doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Wall Street analysts expect Eagle Materials (EXP - Free Report) to post quarterly earnings of $1.47 per share in its upcoming report, which indicates a year-over-year decline of 29.3%. Revenues are expected to be $456.22 million, down 3% from the year-ago quarter.
The current level reflects an upward revision of 1% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
In light of this perspective, let's dive into the average estimates of certain Eagle Materials metrics that are commonly tracked and forecasted by Wall Street analysts.
According to the collective judgment of analysts, 'Revenue- Gypsum Wallboard' should come in at $178.51 million. The estimate indicates a change of -12.6% from the prior-year quarter.
Analysts expect 'Segment Operating Earnings- Light Materials- Recycled Paperboard' to come in at $10.42 million. The estimate is in contrast to the year-ago figure of $10.49 million.
Analysts forecast 'Segment Operating Earnings- Light Materials- Gypsum Wallboard' to reach $59.00 million. Compared to the current estimate, the company reported $80.25 million in the same quarter of the previous year.
It is projected by analysts that the 'Segment Operating Earnings- Light Materials' will reach $69.41 million. Compared to the current estimate, the company reported $90.75 million in the same quarter of the previous year.
View all Key Company Metrics for Eagle Materials here>>>
Shares of Eagle Materials have experienced a change of +1.2% in the past month compared to the +8.2% move of the Zacks S&P 500 composite. With a Zacks Rank #4 (Sell), EXP is expected to underperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Eagle Materials Inc. (NYSE:EXP) will release earnings for its fourth quarter before the opening bell on Tuesday, May 19.
Analysts expect the Dallas, Texas-based company to report quarterly earnings of $1.54 per share, down from $2.00 per share in the year-ago period. The consensus estimate for Eagle Materials' quarterly revenue is $451.98 million (it reported $470.18 million last year), according to Benzinga Pro.
On Feb. 10, Eagle Materials declared a quarterly cash dividend of 25 cents per share.
NRx Pharmaceuticals shares fell 3.7% to close at $194.66 on Friday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.
Considering buying EXP stock? Here’s what analysts think:
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DALLAS--(BUSINESS WIRE)--Eagle Materials Inc. (NYSE: EXP) today reported financial results for fiscal year 2026 and the fiscal fourth quarter ended March 31, 2026. Notable items for the fiscal year and quarter are highlighted below. (Unless otherwise noted, all comparisons are with the prior fiscal year or prior year's fiscal fourth quarter, as applicable.) Full Year Fiscal 2026 Highlights Record Revenue of $2.3 billion, up 2% Net Earnings of $423.8 million, down 9% Net earnings per diluted sha.
Eagle Materials (EXP - Free Report) came out with quarterly earnings of $1.91 per share, beating the Zacks Consensus Estimate of $1.47 per share. This compares to earnings of $2.08 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +30.38%. A quarter ago, it was expected that this maker of gypsum wallboard and cement would post earnings of $3.32 per share when it actually produced earnings of $3.22, delivering a surprise of -3.01%.
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 $479.11 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 5.02%. This compares to year-ago revenues of $470.17 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 lost about 4.9% since the beginning of the year versus the S&P 500's gain of 8.1%.
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 $3.19 on $613.32 million in revenues for the coming quarter and $12.45 on $2.33 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 37% 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.
Another stock from the broader Zacks Construction sector, Argan (AGX - Free Report) , has yet to report results for the quarter ended April 2026.
This builder of energy plants is expected to post quarterly earnings of $2.27 per share in its upcoming report, which represents a year-over-year change of +41.9%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Argan's revenues are expected to be $252.51 million, up 30.4% from the year-ago quarter.
Stock futures are firmly lower this morning as the chip sector extends its selloff, while investors continue to monitor elevated bond yields and oil prices. West Texas Intermediate (WTI) crude is edging lower, last seen just below $104 per barrel after President Donald Trump announced he was postponing an attack on Iran that was scheduled for today. Nasdaq-100 Index (NDX) futures are off triple digits, while Dow Jones Industrial Average (DJI) and S&P 500 Index (SPX) futures sit modestly in the red as well.
Why a pause in SPX momentum shouldn't scare bulls, per Schaeffer's Senior V.P. of Research Todd Salamone. Will this homebuilding stock end its grim post-earnings streak? Plus, NOW looks to extend gains; and two stocks rising after earnings.
5 Things You Need to Know Today The Cboe Options Exchange saw more than 2.9 million call contracts and 1.4 million put contracts traded on Monday. The single-session equity put/call ratio dropped to 0.51, while the 21-day moving average stayed at 0.59. ServiceNow Inc (NYSE:NOW) is up 5.9% premarket, looking to extend yesterday's 8.9% rise after Bank of America reinstated coverage with a "buy" rating and price target of $130. Heading into today, the equity is down 32.5% year to date. Amer Sports Inc (NYSE:AS) is 3.8% higher before the bell, after the sport retailer topped first-quarter earnings and revenue expectations and lifted its full-year outlook. Since the start of 2026, AS is off 11.2%. Shares of Eagle Materials Inc (NYSE:EXP) are up 5.6% in electronic trading, after a fiscal fourth-quarter earnings and revenue beat, driven by an uptick in cement volumes. Year to date, the construction name is down 4.9%. What's joining Nvidia earnings on this week's schedule?
European Stocks Enjoy Healthy Gains Asia-Pacific markets traded mixed Tuesday, as oil prices eased slightly, calming some supply concerns. Japan’s Nikkei reversed earlier gains to close 0.4% lower despite stronger-than-expected gross domestic product (GDP) data, while South Korea’s Kospi tumbled 3.3%. Meanwhile, China’s Shanghai Composite and Hong Kong’s Hang Seng posted modest gains, adding 0.9% and 0.5% respectively as investors eyed the arrival of Russian President Vladimir Putin for a two-day summit with Chinese President Xi Jinping.
European markets are moving higher Tuesday. Leading the charge is Germany’s DAX, last seen up 1.3%, while France’s CAC and London’s FTSE 100 are both up 0.5%. U.K. unemployment rose to 5% for March, up from the 4.9% figure in February. Investors also reacted to Germany’s plans to re-privatize energy giant Uniper, setting up what could become one of Europe’s largest deals this year.
For the quarter ended March 2026, Eagle Materials (EXP - Free Report) reported revenue of $479.11 million, up 1.9% over the same period last year. EPS came in at $1.91, compared to $2.08 in the year-ago quarter.
The reported revenue represents a surprise of +5.02% over the Zacks Consensus Estimate of $456.22 million. With the consensus EPS estimate being $1.47, the EPS surprise was +30.38%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Eagle Materials performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Segment Operating Earnings- Heavy Materials- Concrete and Aggregates: $-2.62 million versus $-1.48 million estimated by two analysts on average.Segment Operating Earnings- Light Materials- Recycled Paperboard: $12.77 million versus $10.42 million estimated by two analysts on average.Segment Operating Earnings- Light Materials- Gypsum Wallboard: $65.53 million compared to the $59 million average estimate based on two analysts.Segment Operating Earnings- Light Materials: $78.29 million versus $69.41 million estimated by two analysts on average.View all Key Company Metrics for Eagle Materials here>>>
Shares of Eagle Materials have returned -4.6% over the past month versus the Zacks S&P 500 composite's +4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
Willing and Abel: Berkshire's New CEO Makes Huge Portfolio Changes in Q1Eagle Materials NYSE: EXP reported record revenue for fiscal 2026 as strength in cement and aggregates offset continued softness in wallboard tied to residential construction headwinds.
President and Chief Executive Officer Michael Haack told investors that the company delivered “another year of solid execution” despite “unusually high uncertainty in the economic environment.” Annual revenue rose to $2.3 billion, marking the company’s fifth consecutive year of record revenue, while earnings per share totaled $13.16. Eagle also returned more than $400 million to shareholders during the year.
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3 Sectors to Buy While They're Down and 1 to Walk Away FromChief Financial Officer Craig Kesler said fiscal 2026 revenue increased 2% from the prior year, while fourth-quarter revenue also rose 2% to a record $479 million. The gains were driven by higher cement sales volume and contributions from two acquired aggregates businesses, partially offset by lower wallboard sales volume and pricing.
Annual earnings per share declined 4%, reflecting lower net earnings, primarily from reduced wallboard sales volume and pricing. That impact was partially offset by a 5% reduction in fully diluted shares due to the company’s share repurchase program, Kesler said.
Heavy Materials Benefited From Infrastructure and Data Centers Eagle Materials Stock is Dipping, Results Say Not for LongEagle’s Heavy Materials sector, which includes Cement and Concrete and Aggregates, posted a 10% revenue increase for the year. Kesler said the increase was driven primarily by an 8% rise in cement sales volume and a 19% increase in Concrete and Aggregates revenue.
Aggregates sales volume reached a record 6.6 million tons, up 70% year over year, reflecting contributions from acquired operations. Organic aggregates volume increased 24%, which Kesler said underscored “healthy underlying demand.”
Management attributed volume strength to public infrastructure spending and certain private non-residential construction categories, particularly data centers. Kesler said data centers were “certainly a large contributor” to improvement and added that in many Eagle markets, development is still in early stages, including soil stabilization work.
Haack said infrastructure and cement-intensive non-residential construction are tightening several regional markets. He cited federal infrastructure spending still to come under the Infrastructure Investment and Jobs Act, strong state infrastructure budgets and data center projects across the company’s footprint as factors supporting a favorable Heavy Materials volume outlook.
In response to analyst questions about cement pricing, Kesler said Eagle implemented April 1 price increases in most cement markets, though some Western and Southern markets did not have increases. He noted that higher freight costs would offset some pricing benefits on a net basis.
Wallboard Remained Pressured by Housing Softness In Eagle’s Light Materials sector, annual revenue fell 9% to $881 million. Kesler said the decline reflected lower wallboard and recycled paperboard sales volume and a 4% decrease in wallboard sales prices, tied to continued softness in residential construction. Operating earnings in the sector declined 15% to $331 million.
Haack said the near-term housing outlook continues to face affordability headwinds, particularly the need for mortgage rate relief to encourage home inventory turnover and normalize new home construction activity. However, he said wallboard sales volumes have remained steady from a historical perspective, and management has seen “relative price stability” given broader industry supply constraints and raw material challenges.
Kesler said Eagle has a June 1 wallboard price increase in the market, driven in part by rising transportation costs. He explained that Eagle prices wallboard on a delivered basis, meaning the company is responsible for the freight bill. Sequentially, he said freight costs increased by roughly $2 to $3, affecting the company’s net sales price.
Asked about current wallboard trends, Kesler said the near-term housing outlook remains unclear, but that over a longer period, the U.S. needs to build significantly more homes. He said management sees long-term upside in wallboard volume, pricing and margins.
Major Plant Modernizations Continue Haack highlighted two major modernization projects as central to Eagle’s long-term strategy. The Mountain Cement plant modernization in Laramie, Wyoming, is approximately 60% complete, with commissioning of the new kiln line expected to begin in late calendar 2026. Construction on the Duke, Oklahoma, wallboard plant is approximately 30% complete, with commissioning of the new wallboard line expected in the second half of calendar 2027.
Management said the projects are expected to lower cost structures, improve reliability, expand plant capacity and increase production flexibility across Eagle’s network. Kesler said the Mountain Cement project should reduce operating costs primarily through energy savings and a more fuel-efficient facility, while Duke is expected to provide similar benefits.
Kesler said capital expenditures totaled $417 million in fiscal 2026, driven mainly by the Mountain Cement and Duke projects. For fiscal 2027, Eagle expects capital expenditures of $490 million to $525 million, with spending expected to peak during the year. He said sustaining capital needs are roughly $150 million annually after the major projects are completed, though fiscal 2028 spending is expected to remain higher, around $250 million, as Duke is finished.
When asked about expected returns from the Mountain Cement and Duke projects, Kesler said Eagle targets a “double-digit type of return” on investments of this nature, with benefits becoming more visible by fiscal 2029 after both projects are completed and available to run.
Cash Flow, Buybacks and Balance Sheet Eagle generated operating cash flow of $614 million in fiscal 2026, up 12% from the prior year. The company returned $414 million to shareholders through quarterly dividends and the repurchase of approximately 1.7 million shares for $382 million. Eagle ended the year with approximately 2.9 million shares remaining under its current repurchase authorization.
Kesler said the company strengthened its balance sheet during the year by issuing $750 million of 10-year senior notes at a 5% interest rate. Proceeds were used in part to repay borrowings under Eagle’s bank credit facility. As of March 31, 2026, the company’s net debt-to-capital ratio was 50%, and net debt-to-EBITDA leverage was 1.9 times.
Eagle ended the quarter with $298 million of cash on hand and approximately $1 billion of total committed liquidity. Kesler said the company has no significant near-term debt maturities, which he said positions it to continue investing while maintaining financial flexibility.
Management Emphasizes Long-Term Demand Drivers Haack said Eagle remains focused on a “through-the-cycle view” rather than near-term volatility. He said the company’s products are essential to infrastructure, schools, hospitals and homes, and that demand for core products remains below prior peak levels even as the U.S. population has grown and existing housing and infrastructure have aged.
He also emphasized the importance of raw material reserves, saying Eagle maintains more than 50 years on average of quarried reserves at each plant through land investments. Haack said controlling limestone, gypsum and rock near company plants provides a cost and supply advantage, particularly during cost spikes and supply chain disruptions.
On capital allocation, Haack said Eagle will continue to prioritize growth investments that meet return criteria, maintaining assets in “like-new condition” and returning cash to shareholders. He said that approach has been the company’s hallmark for the past decade and will remain central to its strategy.
About Eagle Materials NYSE: EXPEagle 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.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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DALLAS--(BUSINESS WIRE)--The Board of Directors of Eagle Materials Inc. (NYSE: EXP) has declared a quarterly cash dividend of $0.25 per share, payable on July 20, 2026, to stockholders of record of its Common Stock at the close of business on June 15, 2026.
About Eagle Materials Inc.
Eagle Materials Inc. is a leading U.S. manufacturer of heavy construction products and light building materials. Eagle’s primary products, Portland Cement and Gypsum Wallboard, are essential for building, expanding and repairing roads, highways and residential, commercial and industrial structures across America. Headquartered in Dallas, Texas, Eagle manufactures and sells its products through a network of more than 70 facilities spanning 21 states. Visit eaglematerials.com for more information.
Eagle Materials (EXP - Free Report) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.
The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.
Since a changing earnings picture is a powerful factor influencing near-term stock price movements, the Zacks rating system is very useful for individual investors. They may find it difficult to make decisions based on rating upgrades by Wall Street analysts, as these are mostly driven by subjective factors that are hard to see and measure in real time.
As such, the Zacks rating upgrade for Eagle Materials is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price.
Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings estimates to calculate the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock.
Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Eagle Materials imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.
Harnessing the Power of Earnings Estimate RevisionsAs empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .
Earnings Estimate Revisions for Eagle MaterialsThis maker of gypsum wallboard and cement is expected to earn $13.02 per share for the fiscal year ending March 2027, which represents no year-over-year change.
Analysts have been steadily raising their estimates for Eagle Materials. Over the past three months, the Zacks Consensus Estimate for the company has increased 3.7%.
Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.
You can learn more about the Zacks Rank here >>>
The upgrade of Eagle Materials to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.
