Vulcan Materials (NYSE:VMC – Get Free Report) issued its quarterly earnings results on Wednesday. The construction company reported $2.22 EPS for the quarter, missing the consensus estimate of $2.34 by ($0.12), Briefing.com reports. Vulcan Materials had a return on equity of 11.88% and a net margin of 11.43%. The business had revenue of $2 billion during the quarter, compared to the consensus estimate of $2.01 billion. During the same quarter last year, the firm posted $2.29 earnings per share. Vulcan Materials’s revenue was down 8.3% compared to the same quarter last year.
Vulcan Materials Trading Down 1.3 %
Vulcan Materials stock opened at $270.39 on Friday. Vulcan Materials has a 12 month low of $206.02 and a 12 month high of $279.47. The company has a quick ratio of 1.66, a current ratio of 2.86 and a debt-to-equity ratio of 0.42. The stock has a market cap of $35.71 billion, a P/E ratio of 42.65, a P/E/G ratio of 2.60 and a beta of 0.80. The company’s fifty day simple moving average is $247.70 and its 200-day simple moving average is $252.24.
Vulcan Materials Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Monday, November 4th will be paid a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 0.68%. The ex-dividend date is Monday, November 4th. Vulcan Materials’s dividend payout ratio (DPR) is currently 29.02%.
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Vulcan Materials Company Profile
Vulcan Materials Company, together with its subsidiaries, produces and supplies construction aggregates primarily in the United States. It operates through four segments: Aggregates, Asphalt, Concrete, and Calcium. The company provides crushed stones, sand and gravel, sand, and other aggregates; and related products and services that are applied in construction and maintenance of highways, streets, and other public works, as well as in the construction of housing and commercial, industrial, and other nonresidential facilities.
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