CRH plc Declares Variable Dividend of $0.26 (NYSE:CRH)

CRH plc (NYSE:CRH) declared a Variable dividend on Thursday, November 7th,Zacks Dividends reports. Shareholders of record on Friday, November 22nd will be given a dividend of 0.262 per share by the construction company on Wednesday, December 18th. The ex-dividend date is Friday, November 22nd.

CRH Stock Up 0.8 %

CRH traded up $0.81 on Friday, reaching $101.47. The company had a trading volume of 1,122,482 shares, compared to its average volume of 4,887,561. CRH has a fifty-two week low of $58.12 and a fifty-two week high of $102.45. The company’s fifty day moving average is $91.00 and its 200 day moving average is $83.83.

CRH (NYSE:CRH) last posted its quarterly earnings data on Thursday, August 8th. The construction company reported $1.85 earnings per share for the quarter, hitting the consensus estimate of $1.85. The firm had revenue of $9.65 billion for the quarter, compared to the consensus estimate of $10.16 billion. On average, analysts forecast that CRH will post 5.45 earnings per share for the current year.

Analysts Set New Price Targets

CRH has been the topic of a number of recent analyst reports. Citigroup decreased their price objective on shares of CRH from $109.00 to $99.00 and set a “buy” rating on the stock in a research note on Thursday, July 11th. StockNews.com cut shares of CRH from a “buy” rating to a “hold” rating in a research note on Friday, August 16th. Truist Financial lifted their price objective on shares of CRH from $110.00 to $120.00 and gave the company a “buy” rating in a research note on Friday. DA Davidson lifted their price objective on shares of CRH from $100.00 to $110.00 and gave the company a “buy” rating in a research note on Friday, August 9th. Finally, Barclays initiated coverage on shares of CRH in a research note on Tuesday, October 29th. They issued an “overweight” rating and a $110.00 price objective on the stock. Two equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $101.90.

About CRH

CRH plc, together with its subsidiaries, provides building materials solutions in Ireland and internationally. It operates through four segments: Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions, and Europe Building Solutions. The company provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings; and produces and sells aggregates, cement, readymixed concrete, and asphalt, as well as provides paving and construction services.