Citigroup Cuts Eagle Materials (NYSE:EXP) Price Target to $190.00

Posted by Francis Steltz on Oct 2nd, 2026

Eagle Materials (NYSE:EXP – Get Free Report) had its price target dropped by equities researchers at Citigroup from $232.00 to $190.00 in a research note issued on Friday, Benzinga reports. The brokerage presently has a “neutral” rating on the construction company’s stock. Citigroup’s target price would indicate a potential upside of 9.76% from the stock’s current price.

A number of other equities analysts have also commented on EXP. Zacks Research lowered shares of Eagle Materials from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 27th. Stephens raised their target price on Eagle Materials from $225.00 to $230.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 30th. DA Davidson lowered their price target on Eagle Materials from $220.00 to $207.00 and set a “neutral” rating on the stock in a research report on Monday, September 14th. Wells Fargo & Company reissued an “equal weight” rating and set a $196.00 price target (down from $231.00) on shares of Eagle Materials in a report on Wednesday, September 9th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Eagle Materials in a report on Friday, September 11th. Ten equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $213.67.

Read Our Latest Research Report on EXP

Eagle Materials Stock Performance

Shares of EXP traded up $0.04 during mid-day trading on Friday, hitting $173.11. The stock had a trading volume of 178,044 shares, compared to its average volume of 454,918. The company’s fifty day simple moving average is $196.41 and its two-hundred day simple moving average is $202.46. The company has a quick ratio of 1.91, a current ratio of 3.23 and a debt-to-equity ratio of 1.17. Eagle Materials has a fifty-two week low of $167.32 and a fifty-two week high of $245.53. The company has a market cap of $5.31 billion, a PE ratio of 13.69 and a beta of 1.33.

Eagle Materials (NYSE:EXP – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The construction company reported $3.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.37 by ($0.08). The firm had revenue of $650.97 million for the quarter, compared to analyst estimates of $620.35 million. Eagle Materials had a net margin of 17.32% and a return on equity of 26.87%. The business’s revenue was up 2.6% compared to the same quarter last year. During the same period last year, the firm posted $3.76 EPS. On average, equities analysts expect that Eagle Materials will post 12.66 earnings per share for the current year.

Insider Activity at Eagle Materials

In related news, SVP Tony Thompson sold 3,074 shares of the business’s stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $203.96, for a total value of $626,973.04. Following the completion of the transaction, the senior vice president directly owned 10,142 shares in the company, valued at approximately $2,068,562.32. The trade was a 23.26% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.70% of the stock is currently owned by corporate insiders.

Institutional Trading of Eagle Materials

Several institutional investors and hedge funds have recently bought and sold shares of the business. Clearstead Advisors LLC boosted its position in shares of Eagle Materials by 266.7% during the 4th quarter. Clearstead Advisors LLC now owns 132 shares of the construction company’s stock worth $27,000 after acquiring an additional 96 shares in the last quarter. Leonteq Securities AG bought a new stake in shares of Eagle Materials in the 1st quarter valued at $42,000. Global Retirement Partners LLC grew its position in shares of Eagle Materials by 1,242.9% during the 4th quarter. Global Retirement Partners LLC now owns 282 shares of the construction company’s stock worth $58,000 after buying an additional 261 shares during the period. IFP Advisors Inc raised its stake in Eagle Materials by 131.0% during the 2nd quarter. IFP Advisors Inc now owns 432 shares of the construction company’s stock worth $97,000 after buying an additional 245 shares during the period. Finally, Northwestern Mutual Wealth Management Co. acquired a new position in shares of Eagle Materials during the second quarter valued at about $117,000. Institutional investors own 96.07% of the company’s stock.

Eagle Materials Company Profile

(Get Free Report)

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.