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 1.4%. The ex-dividend date is Friday, May 15th.

CRH has increased its dividend by an average of 0.1%annually over the last three years. CRH has a payout ratio of 24.4% meaning its dividend is sufficiently covered by earnings. Analysts expect CRH to earn $6.65 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 23.5%.

CRH Price Performance

Shares of NYSE:CRH opened at $111.50 on Wednesday. The stock has a market capitalization of $74.50 billion, a price-to-earnings ratio of 20.65, a price-to-earnings-growth ratio of 1.98 and a beta of 1.36. The business’s fifty day moving average price is $110.07 and its two-hundred day moving average price is $117.66. CRH has a fifty-two week low of $86.82 and a fifty-two week high of $131.55.

CRH (NYSE:CRH) last posted its quarterly earnings data on Thursday, April 30th. The construction company reported ($0.20) EPS for the quarter, topping analysts’ consensus estimates of ($0.22) by $0.02. The company had revenue of $7.37 billion for the quarter, compared to analyst estimates of $7.07 billion. CRH had a return on equity of 15.37% and a net margin of 9.65%.The company’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. Research analysts expect that CRH will post 5.94 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Weiss Ratings lowered CRH from a “buy (b)” rating to a “hold (c+)” rating in a research note on Monday, May 4th. JPMorgan Chase & Co. upped their price target on CRH from $135.00 to $140.00 and gave the company an “overweight” rating in a research note on Tuesday, March 3rd. Morgan Stanley reaffirmed an “overweight” rating and set a $139.00 price target on shares of CRH in a research note on Wednesday, April 15th. BNP Paribas Exane raised CRH to a “strong-buy” rating in a research note on Friday, January 23rd. Finally, DA Davidson set a $120.00 price target on CRH in a research note on Friday, February 20th. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, CRH currently has an average rating of “Moderate Buy” and an average price target 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.