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Eagle Matls Inc - EXP STOCK NEWS

Welcome to our dedicated page for Eagle Matls news (Ticker: EXP), a resource for investors and traders seeking the latest updates and insights on Eagle Matls stock.

Introduction

Eagle Materials Inc (EXP) is a distinguished U.S. manufacturer and distributor of high-quality building materials that power a vast array of construction activities across the nation. Focused on producing essential products such as gypsum wallboard, portland cement, recycled paperboard, concrete, and aggregates, the company serves as a critical supplier for residential, commercial, industrial, and public infrastructure projects. By integrating specific industry keywords like construction, durability, and infrastructure, Eagle Materials Inc has established a formidable reputation in the building materials sector.

Business Segments and Operational Structure

The firm organizes its operations into two main sectors: Heavy Materials and Light Materials. The Heavy Materials sector focuses on products such as cement, concrete, and aggregates, which are pivotal in large-scale infrastructure development and industrial construction tasks. In contrast, the Light Materials sector specializes in gypsum wallboard and recycled paperboard, which are fundamental to interior construction, remodeling, and various building applications. This strategic segmentation allows Eagle Materials Inc to manage diverse product lines and align manufacturing processes closely with market demands.

Manufacturing Excellence and Distribution Capabilities

With a legacy that dates back to the 1960s, Eagle Materials Inc has honed a manufacturing process that emphasizes precision, quality, and efficiency. The company’s expansive production facilities are designed to optimize the manufacturing of building materials, ensuring that every product meets strict quality standards while supporting high-volume output. A robust distribution network enables the timely delivery of materials to multiple construction sites across the country, underscoring the company’s commitment to reliability and excellence. Strategic use of advanced production technologies and quality control techniques safeguards its operational consistency and reputation for excellence.

Market Position and Competitive Landscape

Eagle Materials Inc holds a significant position within the U.S. building materials industry, catering to an array of construction needs through its diversified portfolio. Its presence in both heavy and light materials markets provides a competitive edge by addressing a breadth of applications from structural foundations to interior finishes. The company’s operational model, coupled with its legacy of quality and reliability, positions it uniquely among competitors that often specialize in a narrower range of products. This diversification allows Eagle Materials Inc to mitigate risks associated with market fluctuations and maintain steady demand across various segments of the construction industry.

Product Portfolio and Industry Applications

The comprehensive product portfolio of Eagle Materials Inc is essential for modern construction practices. Its cement and concrete products form the backbone of structural development, while aggregates and recycled paperboard play critical roles in both new construction and repair works. Gypsum wallboard remains a favored choice for interior applications, recognized for its fire resistance, ease of installation, and cost-effectiveness. These products find application in multiple settings including commercial buildings, residential developments, and industrial facilities, demonstrating the company’s adaptability to diverse construction demands.

Expertise and Quality Assurance

The company's longstanding experience in the building materials industry is reflected in its rigorous quality assurance protocols and commitment to continuous improvement. Eagle Materials Inc employs industry-specific standards and employs high-caliber processes to ensure that each product not only meets but often exceeds the stringent requirements set by modern construction projects. This adherence to quality and innovation underscores the company’s depth of expertise and its ability to support the evolving demands of the construction sector.

Strategic Value Proposition

Eagle Materials Inc stands out due to its diversified product offerings and its systematic approach to serving the construction market. The integration of heavy and light materials within a single operational framework allows the company to effectively meet varied project requirements, from foundational support to finishing touches. Its consistent focus on quality, coupled with a broad distribution network, reinforces its strategic value and importance in the U.S. market. By aligning its operations with core industry needs, the company has effectively cemented its role as a reliable supplier within a dynamic construction landscape.

Rhea-AI Summary
Eagle Materials Inc. (NYSE: EXP) has entered into exclusive agreements with Terra CO2 to potentially deploy multiple low-carbon cementitious commercial-scale plants in three geographic areas, including the Greater Denver market. Each plant could produce approximately 240,000 tons per year of supplementary cementitious material (SCM). The agreements aim to support environmental goals and initiatives, such as the Buy Clean Colorado Act, by reducing embodied carbon emissions in construction materials for Colorado state public projects exceeding $500,000. Eagle Materials CEO, Michael Haack, emphasizes the importance of these agreements in addressing the expected increases in demand for cement and fulfilling customer needs, especially as the supply of other SCMs like fly ash decreases. Terra CEO, Bill Yearsley, highlights the urgency to deploy new climate tech quickly and the importance of working with industry leaders to innovate and expedite low-carbon solutions for the industry.
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Eagle Materials Inc. (NYSE: EXP) has declared a quarterly cash dividend of $0.25 per share. The dividend is payable on January 12, 2024, to stockholders of record as of December 15, 2023.
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Eagle Materials Inc. reports record revenue of $622.2 million, up 3%, and record net earnings of $150.6 million, up 8%, for Q2 fiscal 2024. Adjusted EBITDA is $247.2 million, up 9%. The company repurchased 432,500 shares of common stock for $77 million. Market conditions for construction materials remained resilient, supporting demand for wallboard and cement. The company expects to remain well-positioned for the second half of fiscal 2024.
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Eagle Materials Inc. to release Q2 FY2024 financial results on October 26, 2023.
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Eagle Materials Inc. (NYSE: EXP) has declared a quarterly cash dividend of $0.25 per share. The dividend will be payable on October 16, 2023, to stockholders of record as of September 15, 2023.
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Eagle Materials Inc. (NYSE: EXP) reported record revenue of $601.5 million, up 7%, and record net earnings of $120.8 million, up 15% for the first quarter of fiscal 2024. Adjusted EPS increased by 26% to $3.55. The company repurchased approximately 484,000 shares of Eagle common stock for $74 million. Heavy Materials sector revenue increased by 15% to $396 million, while Light Materials sector revenue decreased by 2% to $242 million.
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FAQ

What is the current stock price of Eagle Matls (EXP)?

The current stock price of Eagle Matls (EXP) is $216.38 as of April 17, 2025.

What is the market cap of Eagle Matls (EXP)?

The market cap of Eagle Matls (EXP) is approximately 7.6B.

What core products does Eagle Materials Inc produce?

Eagle Materials Inc manufactures a broad range of building materials, including gypsum wallboard, portland cement, concrete, aggregates, and recycled paperboard. These materials are crucial for residential, commercial, industrial, and public infrastructure projects.

How is the company organized in terms of its business segments?

The company is divided into two main sectors: Heavy Materials, which covers cement, concrete, and aggregates; and Light Materials, which includes gypsum wallboard and recycled paperboard. This segmentation allows for tailored production processes to serve diverse construction market needs.

What industries benefit from Eagle Materials Inc's products?

Eagle Materials Inc supplies building materials vital to various sectors, including residential construction, commercial developments, industrial projects, and public infrastructure initiatives. Its diversified product mix supports a wide range of construction applications.

How does Eagle Materials Inc ensure product quality?

The company employs advanced manufacturing processes and rigorous quality control protocols to maintain high product standards. Its decades of experience in the industry support continuous quality assurance and operational excellence.

What differentiates Eagle Materials Inc from its competitors?

Eagle Materials Inc sets itself apart through its diversified product portfolio and dual-sector operational structure. This allows it to meet varied construction needs and maintain consistent product quality across both heavy and light materials categories.

How vital is the company’s distribution network to its operations?

The extensive distribution network of Eagle Materials Inc ensures timely delivery of its building materials to construction sites nationwide. This reliability in logistics is integral to sustaining continuous operations in a competitive market.

Does Eagle Materials Inc cater to both new construction and renovation projects?

Yes, the company's range of products is designed to support both new construction initiatives and renovation projects. Its versatile product mix makes it a key supplier in a variety of construction scenarios.

What role does Eagle Materials Inc play in the U.S. infrastructure development?

Eagle Materials Inc contributes significantly to U.S. infrastructure by supplying foundational building materials used in roads, bridges, commercial buildings, and public projects. This strategic role underscores its importance in sustaining national development efforts.
Eagle Matls Inc

NYSE:EXP

EXP Rankings

EXP Stock Data

7.55B
32.90M
1.22%
102.86%
2.92%
Building Materials
Cement, Hydraulic
Link
United States
DALLAS