CRH Stock Recent News

CRH (CRH) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

CRH plc benefits from increased government spending on infrastructure, especially during election years, making it a strong player in the construction materials sector. Despite high debt levels, CRH maintains a solid cash position and stable margins, with revenue expected to grow from $36.26 billion to $38.52 billion. The stock trades at a P/E ratio of 16.31 and offers a 1.57% dividend yield, making it reasonably priced with potential for steady earnings growth.

SOMERVILLE, Mass.--(BUSINESS WIRE)--Low-carbon cement technology leader Sublime Systems is accelerating its mission of swift and massive impact on global CO 2 emissions through unprecedented collaborations with two of the largest building materials providers, CRH and Holcim. The partnerships support near-term development and operations of Sublime's first commercial manufacturing facility in Holyoke, Mass. with a corporate equity investment and a binding offtake reservation of the Sublime Cement.

NEW YORK--(BUSINESS WIRE)--CRH plc (NYSE: CRH), the leading provider of building materials solutions, announces that Albert Manifold has decided to retire as Chief Executive Officer at the end of 2024 and that he is to be succeeded by Jim Mintern. Mr. Mintern is currently CRH's Chief Financial Officer and has been a director of its board since June 2021. He has over 30 years of experience in the building materials industry and 22 years with CRH, serving in various senior leadership roles. Mr. M.

NEW YORK--(BUSINESS WIRE)--CRH plc (NYSE: CRH), the leading provider of building materials solutions, announced on November 22, 2023, that it had reached an agreement to divest its lime operations in Europe for a total consideration of c.$1.1 billion. CRH is pleased to announce that the third and final phase of the transaction, comprising the Group's lime operations in Poland, is now complete. About CRH CRH (NYSE: CRH, LSE: CRH) is the leading provider of building materials solutions that build.

Jim Lebenthal, Chief Equity Strategist at Cerity Partners, joins CNBC's "Halftime Report" to explain his recent buy in the industrial sector.

DUBLIN--(BUSINESS WIRE)--A Form 10-Q for the quarterly period ended June 30, 2024 (the “Form 10-Q”) has been filed with the U.S. Securities and Exchange Commission (the "SEC") today. The Form 10-Q is available to view on the SEC's website at: https://www.sec.gov. and the Company's website at: https://www.crh.com.

NEW YORK--(BUSINESS WIRE)--CRH plc (NYSE: CRH), the leading provider of building materials solutions, is pleased to announce that it has completed the latest phase of its share buyback program, returning a further $0.3 billion of cash to shareholders. Between May 10, 2024 and August 7, 2024, 3.8 million ordinary shares listed on the New York Stock Exchange were repurchased. This brings total cash returned to shareholders under our ongoing share buyback program to $7.9 billion since its commence.

NEW YORK--(BUSINESS WIRE)--CRH plc (NYSE: CRH) (LSE: CRH): Key Highlights   Summary Financials Q2 2024 Change H1 2024 Change Total revenues $9.7bn -1% $16.2bn — Net income $1.3bn +8% $1.4bn +20% Net income margin 13.6% +110bps 8.8% +150bps Adjusted EBITDA* $2.3bn +12% $2.7bn +13% Adjusted EBITDA margin* 23.4% +270bps 16.7% +180bps EPS $1.89 +16% $2.05 +31%           Differentiated strategy continuing to deliver robust financial performance Carefully constructed portfolio & operating footprin.

In the closing of the recent trading day, CRH (CRH) stood at $82.60, denoting a +1.29% change from the preceding trading day.