Cemex (NYSE:CX) Issues Earnings Results, Beats Estimates By $0.04 EPS

Cemex (NYSE:CX) posted its earnings results on Thursday. The construction company reported $0.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.04, Zacks reports. Cemex had a net margin of 5.93% and a return on equity of 2.85%. The firm had revenue of $4.02 billion for the quarter, compared to analyst estimates of $3.86 billion.

Here are the key takeaways from Cemex’s conference call:

• Record quarterly EBITDA of $794 million, a 34% increase, with EBITDA margin expanding over 300 basis points and trailing‑12‑month free cash flow conversion rising to 51% after adjustments.
• Management warned of rising energy costs — they now expect energy cost per ton to increase at a mid‑ to high‑single‑digit rate in 2026 — even though about 60% of 2026 energy exposure is hedged and operations retain fuel‑mix flexibility.
• Continued portfolio rebalancing — announced Colombia divestitures (~$485M plus ~$70M of related assets), closed the accretive Omega acquisition (stucco/mortar) with significant synergies, and executed ~$100M of buybacks plus a ~40% dividend increase.
• Project Cutting Edge is delivering durable savings (incremental $60M this quarter) with another $105M expected this year toward a $400M goal that management plans to upscale, supporting structural margin and cash‑flow improvement.
• Despite strong Q1 execution, management kept full‑year EBITDA guidance unchanged due to geopolitical and pricing visibility concerns, while affirming confidence in meeting the guidance if transformation levers continue to perform.

Cemex Trading Up 0.3%

Shares of NYSE:CX traded up $0.04 during trading on Friday, reaching $12.55. The stock had a trading volume of 1,227,296 shares, compared to its average volume of 6,793,345. The firm’s fifty day moving average is $11.56 and its 200 day moving average is $11.26. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.62 and a current ratio of 0.83. Cemex has a 52 week low of $5.57 and a 52 week high of $13.35. The stock has a market cap of $18.17 billion, a price-to-earnings ratio of 19.02 and a beta of 1.60.

Cemex Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Wednesday, March 11th were paid a $0.0225 dividend. The ex-dividend date of this dividend was Wednesday, March 11th. This represents a $0.09 dividend on an annualized basis and a dividend yield of 0.7%. This is an increase from Cemex’s previous quarterly dividend of $0.02. Cemex’s payout ratio is currently 13.64%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Virtu Financial LLC purchased a new stake in shares of Cemex in the fourth quarter valued at about $192,000. Compound Planning Inc. grew its position in Cemex by 25.6% during the fourth quarter. Compound Planning Inc. now owns 40,245 shares of the construction company’s stock valued at $462,000 after buying an additional 8,191 shares during the period. Invesco Ltd. grew its position in Cemex by 20.5% during the fourth quarter. Invesco Ltd. now owns 104,414 shares of the construction company’s stock valued at $1,200,000 after buying an additional 17,786 shares during the period. Vident Advisory LLC grew its position in Cemex by 4.1% during the fourth quarter. Vident Advisory LLC now owns 146,422 shares of the construction company’s stock valued at $1,682,000 after buying an additional 5,736 shares during the period. Finally, Mackenzie Financial Corp grew its position in Cemex by 58.0% during the fourth quarter. Mackenzie Financial Corp now owns 395,706 shares of the construction company’s stock valued at $4,585,000 after buying an additional 145,279 shares during the period. Institutional investors and hedge funds own 82.97% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on CX. HSBC lowered shares of Cemex from a “buy” rating to a “hold” rating and set a $12.80 target price on the stock. in a report on Friday, February 6th. JPMorgan Chase & Co. boosted their target price on shares of Cemex from $14.00 to $14.50 and gave the stock an “overweight” rating in a report on Friday. Zacks Research lowered shares of Cemex from a “strong-buy” rating to a “hold” rating in a report on Monday, February 9th. Weiss Ratings reissued a “hold (c)” rating on shares of Cemex in a report on Wednesday, January 21st. Finally, Scotiabank boosted their target price on shares of Cemex from $13.90 to $14.10 and gave the stock an “outperform” rating in a report on Friday, April 10th. Six investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $12.27.

Cemex Company Profile

Cemex (NYSE: CX) is a global building materials company headquartered in Monterrey, Mexico. The company produces, distributes and sells cement, ready-mix concrete and aggregates, as well as related building materials, to construction markets in more than 50 countries. Cemex’s product portfolio also includes asphalt and mortar mixes, waste-derived fuels and other complementary construction solutions, supported by a network of production facilities, distribution centers and logistics operations.

Founded in 1906 as Cementos Hidalgo, the company adopted the Cemex name in 1976 following a series of domestic mergers and expansions.