News articles about Vulcan Materials (NYSE:VMC) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Vulcan Materials earned a news sentiment score of 0.13 on Accern’s scale. Accern also gave news articles about the construction company an impact score of 45.9607415853259 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the media stories that may have effected Accern Sentiment’s scoring:
- Financial Survey: Vulcan Materials (VMC) and Weyerhaeuser (WY) (americanbankingnews.com)
- What Should You Know About Vulcan Materials Company’s (NYSE:VMC) Growth? (finance.yahoo.com)
- SmarTrend Watching for Potential Rebound in Shares of Vulcan Materials After 1.24% Loss (mysmartrend.com)
- Can Vulcan Materials’ Buyout Spree Continue to Boost Growth? (msn.com)
- Contrasting Vulcan Materials (VMC) and Its Competitors (americanbankingnews.com)
A number of research analysts have recently weighed in on the company. Citigroup raised their price target on Vulcan Materials from $144.00 to $158.00 and gave the company a “buy” rating in a research report on Thursday, January 25th. Zacks Investment Research upgraded Vulcan Materials from a “strong sell” rating to a “hold” rating in a research report on Sunday, January 21st. Jefferies Group restated a “hold” rating and issued a $135.00 price target on shares of Vulcan Materials in a research report on Wednesday, January 17th. Stephens restated a “buy” rating and issued a $158.00 price target on shares of Vulcan Materials in a research report on Wednesday, January 3rd. Finally, Bank of America increased their price objective on Vulcan Materials from $129.00 to $139.00 and gave the company a “neutral” rating in a research note on Monday, February 5th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company. The company has an average rating of “Buy” and an average price target of $145.11.
Vulcan Materials (NYSE:VMC) last posted its quarterly earnings data on Friday, February 16th. The construction company reported $0.74 EPS for the quarter, beating analysts’ consensus estimates of $0.72 by $0.02. The business had revenue of $977.50 million for the quarter, compared to analyst estimates of $929.36 million. Vulcan Materials had a return on equity of 8.68% and a net margin of 15.45%. The business’s revenue for the quarter was up 12.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.69 earnings per share. research analysts forecast that Vulcan Materials will post 4.41 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, March 9th. Investors of record on Friday, February 23rd were paid a dividend of $0.28 per share. The ex-dividend date of this dividend was Thursday, February 22nd. This represents a $1.12 dividend on an annualized basis and a dividend yield of 0.97%. This is a positive change from Vulcan Materials’s previous quarterly dividend of $0.25. Vulcan Materials’s dividend payout ratio (DPR) is presently 25.11%.
In other Vulcan Materials news, insider Michael R. Mills sold 3,738 shares of the firm’s stock in a transaction dated Wednesday, January 17th. The stock was sold at an average price of $134.56, for a total value of $502,985.28. Following the sale, the insider now directly owns 44,581 shares of the company’s stock, valued at approximately $5,998,819.36. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Michael R. Mills sold 4,659 shares of the firm’s stock in a transaction dated Friday, January 5th. The stock was sold at an average price of $133.25, for a total value of $620,811.75. Following the completion of the sale, the insider now directly owns 45,351 shares in the company, valued at $6,043,020.75. The disclosure for this sale can be found here. 0.89% of the stock is owned by company insiders.
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Vulcan Materials Company Profile
Vulcan Materials Company is a supplier of construction aggregates (primarily crushed stone, sand and gravel) and a producer of asphalt mix and ready-mixed concrete. The Company operates through four segments: Aggregates, Asphalt Mix, Concrete and Calcium. The Aggregates segment produces and sells aggregates (crushed stone, sand and gravel, sand, and other aggregates) and related products and services (transportation and other).
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