United States Lime & Minerals (NASDAQ:USLM) Releases Earnings Results

United States Lime & Minerals (NASDAQ:USLM) issued its quarterly earnings results on Monday. The construction company reported $0.94 EPS for the quarter, Zacks reports. United States Lime & Minerals had a net margin of 32.60% and a return on equity of 22.95%.

United States Lime & Minerals Price Performance

NASDAQ USLM opened at $110.47 on Tuesday. The company has a 50 day simple moving average of $132.80 and a 200-day simple moving average of $108.98. The firm has a market capitalization of $3.16 billion, a price-to-earnings ratio of 32.02 and a beta of 0.91. United States Lime & Minerals has a 52-week low of $48.38 and a 52-week high of $159.53.

United States Lime & Minerals Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 21st will be issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.22%. This is a boost from United States Lime & Minerals’s previous quarterly dividend of $0.05. United States Lime & Minerals’s dividend payout ratio is 5.80%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded United States Lime & Minerals from a “hold” rating to a “buy” rating in a research note on Tuesday, October 22nd.

Insider Activity at United States Lime & Minerals

In other United States Lime & Minerals news, CEO Timothy W. Byrne sold 22,261 shares of United States Lime & Minerals stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $141.73, for a total transaction of $3,155,051.53. Following the transaction, the chief executive officer now owns 125,004 shares of the company’s stock, valued at $17,716,816.92. The trade was a 15.12 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Nathan O’neill sold 1,750 shares of the company’s stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $139.73, for a total transaction of $244,527.50. Following the completion of the sale, the vice president now directly owns 7,880 shares of the company’s stock, valued at approximately $1,101,072.40. This trade represents a 18.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.62% of the stock is currently owned by company insiders.

About United States Lime & Minerals

United States Lime & Minerals, Inc engages in the manufacture and sale of lime and limestone products. Its products include High Calcium Quicklime, Hydrated Lime, Lime Kiln Dust, Lime Slurry, and High Calcium Limestone. The company was founded in 1948 and is headquartered in Dallas, TX.