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 earnings per share (EPS) for the quarter, Zacks reports. United States Lime & Minerals had a return on equity of 22.95% and a net margin of 32.60%.

United States Lime & Minerals Stock Down 0.1 %

NASDAQ:USLM traded down $0.11 during midday trading on Monday, hitting $110.47. The stock had a trading volume of 127,107 shares, compared to its average volume of 138,852. The stock has a 50-day moving average of $132.80 and a 200 day moving average of $108.98. The company 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 one year low of $48.38 and a one year high of $159.53.

United States Lime & Minerals Increases Dividend

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

Insiders Place Their Bets

In other news, VP Nathan O’neill sold 1,750 shares of the business’s stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $139.73, for a total value of $244,527.50. Following the completion of the transaction, the vice president now directly owns 7,880 shares of the company’s stock, valued at approximately $1,101,072.40. The trade was a 18.17 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Timothy W. Byrne sold 22,261 shares of the 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 sale, the chief executive officer now owns 125,004 shares of the company’s stock, valued at approximately $17,716,816.92. This represents a 15.12 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.62% of the company’s stock.

Analyst Upgrades and Downgrades

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

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.