Wells Fargo has initiated coverage on Vulcan Materials Co (VMC) with an Equal-Weight rating, marking the firm's first assessment of the company. This rating reflects Wells Fargo's evaluation of Vulcan's business, industry dynamics, and growth prospects.
Headquartered in Birmingham, Alabama, Vulcan Materials engages in the production of construction aggregates, employing 11,436 full-time staff. The company operates through three segments: Aggregates, Asphalt, and Concrete. The Aggregates segment produces and sells various materials, including crushed stone, sand, and gravel, while the Asphalt segment provides paving services across several states. The Concrete segment focuses on ready-mixed concrete sales in California, Maryland, and Virginia.
As of October 7, 2025, Vulcan's stock trades at $290.96, with a market capitalization of $37.8 billion. The company reports a P/E ratio of 33.82 and an EPS of 8.41, with a dividend yield of 68.7%. Upcoming earnings are expected on July 29, 2026, with an estimated EPS of $2.86 and revenue of $2.2 billion.
Analyst ratings, including this new Equal-Weight designation, provide insights into professional opinions based on research and financial models. However, these assessments are based on assumptions that may not materialize as expected. Investors should consider various factors, including company fundamentals and industry trends, when making decisions. Analyst views are one of many inputs and can change as new information becomes available.
As of November 1, 2025, the analyst consensus for Vulcan Materials includes 9 Strong Buy, 11 Buy, and 9 Hold ratings, reflecting a general positive outlook among analysts. Recent actions include Wells Fargo's initiation on October 8, 2025, and other firms maintaining their ratings in August 2025.