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Best Building Material Stocks to Buy Now (2023)
Top building material stocks in 2023 ranked by overall Zen Score. See the best building material stocks to buy now, according to analyst forecasts for the building materials industry.

Industry: Building Materials
Ticker
Company
Dividends Score
Market Cap
Dividend Yield
Payout Ratio
Last Dividend
Annual Dividend
Dividend Percentile
Dividend Dropped Count (L10Y)
Ex-dividend Date
Div. Payment Date
EXP
EAGLE MATERIALS INC
$5.90B0.60%7.60%$0.2500$1.008%02023-10-16
BCC
BOISE CASCADE CO
$4.08B4.51%31.20%$0.2000$4.6569%8
USLM
UNITED STATES LIME & MINERALS INC
$1.14B0.40%7.20%$0.2000$0.805%1
TGLS
TECNOGLASS INC
$1.57B1.05%7.80%$0.0900$0.3516%12023-10-31
VMC
VULCAN MATERIALS CO
$26.84B0.84%30.40%$0.4300$1.6912%0
MLM
MARTIN MARIETTA MATERIALS INC
$25.37B0.66%17.30%$0.7400$2.729%0
CRH
CRH PUBLIC LTD CO
$41.16B1.88%32.50%$1.0300$1.0333%92023-10-192023-11-22
CPAC
CEMENTOS PACASMAYO SAA
$442.66M10.21%97.20%$0.5276$0.5393%2
CX
CEMEX SAB DE CV
$9.56BN/A0.00%$0.0500N/AN/A0
JHX
JAMES HARDIE INDUSTRIES PLC
$11.55BN/A0.00%$0.3000N/AN/A7
LOMA
LOMA NEGRA COMPANIA INDUSTRIAL ARGENTINA SOCIEDAD ANONIMA
$703.91M10.56%573.90%$0.4648$0.6493%1
SUM
SUMMIT MATERIALS INC
$3.70BN/A0.00%N/AN/AN/AN/A
SMID
SMITH MIDLAND CORP
$99.92MN/A0.00%$0.0550N/AN/A1
RETO
RETO ECO-SOLUTIONS INC
$2.42MN/A0.00%N/AN/AN/AN/A
KNF
KNIFE RIVER CORP
$2.76BN/AN/AN/AN/AN/AN/A

Building Material Stocks FAQ

What are the best building material stocks to buy right now in Sep 2023?

According to Zen Score, the 3 best building material stocks to buy right now are:

1. Boise Cascade Co (NYSE:BCC)


Boise Cascade Co (NYSE:BCC) is the top building material stock with a Zen Score of 51, which is 18 points higher than the building material industry average of 33. It passed 19 out of 38 due diligence checks and has strong fundamentals. Boise Cascade Co has seen its stock return 76.47% over the past year, overperforming other building material stocks by 34 percentage points.

Boise Cascade Co has an average 1 year price target of $103.00, a downside of -0.04% from Boise Cascade Co's current stock price of $103.04.

Boise Cascade Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Boise Cascade Co, 40% have issued a Strong Buy rating, 0% have issued a Buy, 40% have issued a hold, while 20% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Eagle Materials (NYSE:EXP)


Eagle Materials (NYSE:EXP) is the second best building material stock with a Zen Score of 51, which is 18 points higher than the building material industry average of 33. It passed 20 out of 38 due diligence checks and has strong fundamentals. Eagle Materials has seen its stock return 56.43% over the past year, overperforming other building material stocks by 14 percentage points.

Eagle Materials has an average 1 year price target of $206.67, an upside of 24.11% from Eagle Materials's current stock price of $166.52.

Eagle Materials stock has a consensus Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Eagle Materials, 55.56% have issued a Strong Buy rating, 11.11% have issued a Buy, 22.22% have issued a hold, while 0% have issued a Sell rating, and 11.11% have issued a Strong Sell.

3. Tecnoglass (NYSE:TGLS)


Tecnoglass (NYSE:TGLS) is the third best building material stock with a Zen Score of 45, which is 12 points higher than the building material industry average of 33. It passed 18 out of 38 due diligence checks and has strong fundamentals. Tecnoglass has seen its stock return 57.33% over the past year, overperforming other building material stocks by 15 percentage points.

Tecnoglass has an average 1 year price target of $56.00, an upside of 69.9% from Tecnoglass's current stock price of $32.96.

Tecnoglass stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Tecnoglass, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the building material stocks with highest dividends?

Out of 9 building material stocks that have issued dividends in the past year, the 3 building material stocks with the highest dividend yields are:

1. Loma Negra (NYSE:LOMA)


Loma Negra (NYSE:LOMA) has an annual dividend yield of 10.56%, which is 7 percentage points higher than the building material industry average of 3.41%.

Loma Negra's dividend payout ratio of 573.9% indicates that its high dividend yield might not be sustainable for the long-term.

2. Cementos Pacasmayo Saa (NYSE:CPAC)


Cementos Pacasmayo Saa (NYSE:CPAC) has an annual dividend yield of 10.21%, which is 7 percentage points higher than the building material industry average of 3.41%. Cementos Pacasmayo Saa's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Cementos Pacasmayo Saa's dividend has shown consistent growth over the last 10 years.

Cementos Pacasmayo Saa's dividend payout ratio of 97.2% indicates that its high dividend yield might not be sustainable for the long-term.

3. Boise Cascade Co (NYSE:BCC)


Boise Cascade Co (NYSE:BCC) has an annual dividend yield of 4.51%, which is 1 percentage points higher than the building material industry average of 3.41%. Boise Cascade Co's dividend payout is not stable, having dropped more than 10% eight times in the last 10 years. Boise Cascade Co's dividend has shown consistent growth over the last 10 years.

Boise Cascade Co's dividend payout ratio of 31.2% indicates that its dividend yield is sustainable for the long-term.

Why are building material stocks down?

Building material stocks were down -1.42% in the last day, and up 1.52% over the last week.

We couldn't find a catalyst for why building material stocks are down.

What are the most undervalued building material stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued building material stocks right now are:

1. Cemex Sab De Cv (NYSE:CX)


Cemex Sab De Cv (NYSE:CX) is the most undervalued building material stock based on WallStreetZen's Valuation Score. Cemex Sab De Cv has a valuation score of 43, which is 22 points higher than the building material industry average of 21. It passed 3 out of 7 valuation due diligence checks.

Cemex Sab De Cv's stock has gained 91.18% in the past year. It has overperformed other stocks in the building material industry by 49 percentage points.

2. Cementos Pacasmayo Saa (NYSE:CPAC)


Cementos Pacasmayo Saa (NYSE:CPAC) is the second most undervalued building material stock based on WallStreetZen's Valuation Score. Cementos Pacasmayo Saa has a valuation score of 43, which is 22 points higher than the building material industry average of 21. It passed 3 out of 7 valuation due diligence checks.

Cementos Pacasmayo Saa's stock has gained 11.9% in the past year. It has underperformed other stocks in the building material industry by -31 percentage points.

3. Boise Cascade Co (NYSE:BCC)


Boise Cascade Co (NYSE:BCC) is the third most undervalued building material stock based on WallStreetZen's Valuation Score. Boise Cascade Co has a valuation score of 43, which is 22 points higher than the building material industry average of 21. It passed 3 out of 7 valuation due diligence checks.

Boise Cascade Co's stock has gained 76.47% in the past year. It has overperformed other stocks in the building material industry by 34 percentage points.

Are building material stocks a good buy now?

55.56% of building material stocks rated by analysts are a strong buy right now. On average, analysts expect building material stocks to rise by 20.17% over the next year.

What is the average p/e ratio of the building materials industry?

The average P/E ratio of the building materials industry is 22.92x.
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.