Eagle Materials

Baupost holds a $169.1m stake in Eagle Materials, which benefits from a hard-to-replicate network of cement plants and quarries across 21 states. Gypsum wallboard revenue fell 16% on weaker residential construction, but cement volumes rose 9.3% and operating earnings improved, and management expects price increases. Analysts view the stock as trading below peers with potential upside of 79%–101.5% to peer averages; J.P. Morgan upgraded to Neutral citing improving demand from infrastructure, data centers and energy projects. » Altro su finance.yahoo.com

Eagle Materials reported record annual revenue of $2.3 billion driven by strong cement volumes and strategic aggregates acquisitions, offsetting weakness in wallboard. Fiscal 2027 capex is forecast at $490–525 million as the Mountain Cement modernization (60% complete) targets late‑2026 commissioning and the Duke wallboard upgrade (30% complete) targets H2 2027. Management locked primary fuel costs to partially protect cement margins, announced a June 1 wallboard price increase to offset higher freight and diesel, issued $750 million of 10‑year notes at 5%, and completed buybacks reducing shares by about 5%. The company expects plant efficiencies and infrastructure‑driven regional demand to support margins and a medium‑term wallboard volume rebound as mortgage rates normalize. » Altro su finance.yahoo.com

Eagle Materials posted record fiscal 2026 revenue of $2.3 billion and EPS of $13.16, with Q4 revenue reaching a record $479 million. Strength in Heavy Materials—cement and acquired aggregates—drove a 10% revenue gain and record aggregates volume of 6.6 million tons, while Light Materials revenue fell 9% amid soft residential construction and lower wallboard prices. Management implemented cement and wallboard price increases, returned $414 million to shareholders, and plans $490–525 million of capital spending in fiscal 2027 to complete major Mountain Cement and Duke plant modernizations. » Altro su finance.yahoo.com