CRH (NYSE:CRH) Posts Earnings Results

CRH (NYSE:CRH) posted its earnings results on Wednesday. The construction company reported $1.52 earnings per share for the quarter, missing analysts’ consensus estimates of $2.20 by ($0.68), FiscalAI reports. CRH had a return on equity of 16.31% and a net margin of 10.02%.The business had revenue of $5.42 billion during the quarter, compared to the consensus estimate of $11.15 billion. During the same quarter last year, the firm earned $1.02 earnings per share. The business’s quarterly revenue was up 6.2% on a year-over-year basis. CRH updated its FY 2026 guidance to 5.600-6.050 EPS.

CRH Price Performance

CRH stock opened at $125.07 on Friday. CRH has a 1-year low of $76.75 and a 1-year high of $131.55. The business has a 50-day moving average price of $125.25 and a 200 day moving average price of $118.35. The company has a market capitalization of $83.83 billion, a P/E ratio of 22.66, a PEG ratio of 1.82 and a beta of 1.33.

CRH Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Friday, March 6th will be issued a $0.39 dividend. The ex-dividend date is Friday, March 6th. This is an increase from CRH’s previous quarterly dividend of $0.37. This represents a $1.56 annualized dividend and a dividend yield of 1.2%. CRH’s dividend payout ratio is presently 20.11%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on CRH shares. Weiss Ratings restated a “buy (b-)” rating on shares of CRH in a research report on Monday, December 22nd. UBS Group boosted their price objective on shares of CRH from $138.00 to $147.00 and gave the company a “buy” rating in a research report on Thursday, January 8th. DA Davidson raised their target price on shares of CRH from $110.00 to $116.00 and gave the stock a “neutral” rating in a report on Wednesday, November 12th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of CRH in a research note on Monday, December 8th. Finally, Royal Bank Of Canada cut their price target on shares of CRH from $152.00 to $150.00 and set an “outperform” rating on the stock in a report on Friday, November 7th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $135.87.

Institutional Investors Weigh In On CRH

Several hedge funds have recently modified their holdings of the business. Riggs Asset Managment Co. Inc. boosted its stake in shares of CRH by 1,835.3% during the second quarter. Riggs Asset Managment Co. Inc. now owns 329 shares of the construction company’s stock valued at $30,000 after purchasing an additional 312 shares in the last quarter. Kemnay Advisory Services Inc. bought a new stake in CRH during the 4th quarter valued at $33,000. Meeder Asset Management Inc. boosted its position in CRH by 29,400.0% during the 4th quarter. Meeder Asset Management Inc. now owns 295 shares of the construction company’s stock valued at $37,000 after acquiring an additional 294 shares in the last quarter. Prosperity Bancshares Inc purchased a new position in shares of CRH in the 4th quarter valued at $43,000. Finally, Johnson Financial Group Inc. bought a new position in shares of CRH in the 3rd quarter worth $49,000. Hedge funds and other institutional investors own 62.50% of the company’s stock.

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.