Crh Plc (CRH) To Go Ex-Dividend on May 15th

Crh Plc (NYSE:CRH) announced a quarterly dividend on Thursday, April 30th. Shareholders of record on Friday, May 15th will be paid a dividend of 0.39 per share by the construction company on Wednesday, June 17th. This represents a c) dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Friday, May 15th.

CRH has raised its dividend by an average of 0.1%annually over the last three years. CRH has a payout ratio of 24.4% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect CRH to earn $6.58 per share next year, which means the company should continue to be able to cover its $1.56 annual dividend with an expected future payout ratio of 23.7%.

CRH Stock Performance

Shares of CRH opened at $115.66 on Friday. The stock has a 50-day moving average of $111.10 and a two-hundred day moving average of $117.87. CRH has a one year low of $86.82 and a one year high of $131.55. The stock has a market cap of $77.29 billion, a P/E ratio of 20.95, a P/E/G ratio of 2.09 and a beta of 1.36.

CRH (NYSE:CRH) last issued its quarterly earnings results on Thursday, April 30th. The construction company reported ($0.20) EPS for the quarter, topping analysts’ consensus estimates of ($0.22) by $0.02. CRH had a return on equity of 15.37% and a net margin of 9.65%.The company had revenue of $7.37 billion during the quarter, compared to analysts’ expectations of $7.07 billion. The business’s quarterly revenue was up 9.1% on a year-over-year basis. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. Analysts predict that CRH will post 5.91 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have commented on CRH. DA Davidson set a $120.00 price target on CRH in a research report on Friday, February 20th. JPMorgan Chase & Co. lifted their price objective on CRH from $135.00 to $140.00 and gave the company an “overweight” rating in a research note on Tuesday, March 3rd. Citigroup lifted their price objective on CRH from $142.00 to $155.00 and gave the company a “buy” rating in a research note on Thursday, January 8th. BNP Paribas Exane upgraded CRH to a “strong-buy” rating in a research note on Friday, January 23rd. Finally, Morgan Stanley reiterated an “overweight” rating and set a $139.00 price objective on shares of CRH in a research note on Wednesday, April 15th. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, CRH presently has an average rating of “Moderate Buy” and a consensus target price of $139.54.

CRH Company Profile

CRH plc, originally formed as Cement Roadstone Holdings in 1970 and headquartered in Dublin, Ireland, is a global building materials group. The company has grown from its Irish roots into one of the largest international suppliers of construction materials, expanding primarily through acquisitions and regional business development. CRH operates an integrated network of manufacturing and distribution businesses that serve both public and private construction markets.

CRH’s core activities include the production and distribution of aggregates, cement, asphalt, ready-mixed concrete and other bulk materials, together with a broad range of value-added building products such as precast concrete, masonry, bricks, roofing products, pipe and drainage systems, and construction accessories.