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

United States Lime & Minerals (NASDAQ:USLM) released its quarterly 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 Trading Down 0.1 %

Shares of United States Lime & Minerals stock traded down $0.11 on Monday, reaching $110.47. 127,161 shares of the company were exchanged, compared to its average volume of 138,853. The stock has a fifty day moving average price of $132.80 and a 200-day moving average price 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 fifty-two week low of $48.38 and a fifty-two week high of $159.53.

United States Lime & Minerals Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 21st will be issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis 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 presently 5.80%.

Insider Activity

In other 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 value 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. 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 business’s stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $139.73, for a total value of $244,527.50. Following the transaction, the vice president now directly owns 7,880 shares of the company’s stock, valued at $1,101,072.40. This represents a 18.17 % decrease in their position. The disclosure for this sale can be found here. 1.62% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

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

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.