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

United States Lime & Minerals (NASDAQ:USLM) issued its earnings results on Monday. The construction company reported $0.94 earnings per share (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

Shares of NASDAQ USLM traded down $0.11 during mid-day trading on Monday, reaching $110.47. The company’s stock had a trading volume of 127,107 shares, compared to its average volume of 138,852. United States Lime & Minerals has a 52 week low of $48.38 and a 52 week high of $159.53. The stock has a fifty day moving average of $132.80 and a two-hundred day moving average of $108.98. The firm has a market capitalization of $3.16 billion, a PE ratio of 32.02 and a beta of 0.91.

United States Lime & Minerals Increases Dividend

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

Wall Street Analysts Forecast Growth

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

Insider Activity at United States Lime & Minerals

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

United States Lime & Minerals Company Profile

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.