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TXI Texas Industries Inc. featured news, full reports, and detailed charts

Texas Industries Inc. (TXI) Wrap Up:

Texas Industries, Inc., together with its subsidiaries, engages in the production and sale of heavy construction materials in the United States. The company operates in three segments, Cement, Aggregates, and Consumer Products. The Cement segment produces gray portland cement, as well as specialty cements, such as masonry and oil well cements. The Aggregates segment offers natural aggregates, including sand, gravel, and crushed limestone; and expanded shale and clay lightweight aggregates. The Consumer Products segment provides ready-mix concrete, packaged concrete mix, mortar, sand, and related products. The company serves the public works, residential, commercial, retail, and industrial and institutional construction sectors, as well as the energy industry. Texas Industries, Inc. was founded in 1946 and is based in Dallas, Texas.
www.txi.com
2,100 Employees
Founded in 1946

Texas Industries Inc. (TXI:NYSE)

LAST $35.32 USD
CHANGE TODAY -0.56 -1.56%
VOLUME 176.6K
As of 4:01 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Texas Industries Inc. (TXI)

OPEN
$35.62
PREVIOUS CLOSE
$35.88
DAY HIGH
$36.12
DAY LOW
$34.53
52 WEEK HIGH
07/31/09 - $47.33
52 WEEK LOW
03/9/09 - $12.58
MARKET CAP
979.7M
AVERAGE VOLUME 3 mo
256.5K
DILUTED EPS TTM
$-0.58
SHARES OUTSTANDING
27.7M
EX-DATE
11/24/09
P/E TTM
NM
DIVIDEND
$0.30
DIVIDEND YIELD
0.85%
K = Thousands  M = Millions  B = Billions

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TXI Top Compensated Officers

Mr. Melvin G. Brekhus
Chief Executive Officer, President, Director ...
Age: 60
Total Annual Compensation: $600.0K
Mr. Kenneth R. Allen
Chief Financial Officer and Vice President of...
Age: 51
Total Annual Compensation: $263.2K
Mr. Frederick G. Anderson
Vice President, Secretary and General Counsel
Age: 57
Total Annual Compensation: $305.0K
Mr. William J. Durbin
Vice President of Human Resources
Age: 64
Total Annual Compensation: $295.0K
Mr. J. Lynn Davis
Vice President of Cement
Age: 60
Total Annual Compensation: $260.2K

Executives, Board Directors

Compensation as of Fiscal Year 2009.

Key developments for Texas Industries Inc. (TXI)

Texas Industries Inc. Declares Quarterly Dividend Payable on December 7, 2009

The Board of Directors of Texas Industries Inc. declared a cash dividend of $0.075 per common share payable on December 7, 2009 to shareholders of record November 27, 2009.

Texas Industries Elects Board of Directors

Shamrock Activist Value Fund, L.P. announced that based on its preliminary calculations, Shamrock Activist Value Fund, L.P. nominees Marjorie L. Bowen, Dennis A. Johnson and Gary L. Pechota each were elected to Texas Industries Inc. nine-member board by a 4-to-1 margin.

Texas Industries Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended August 31, 2009

Texas Industries Inc. reported unaudited consolidated earnings results for the first quarter ended August 31, 2009. For the quarter, the company reported net income of $1,715,000 or $0.06 per diluted share on net sales of $183,957,000 compared to net income of $10,652,000 or $0.38 per diluted share on net sales of $256,392,000 for the same period a year ago. The company reported income before income taxes of $3,259,000 compared to income before income taxes of $15,378,000 for the same period a year ago. Net cash provided by operating activities was $14,538,000, capital expenditures (expansions) was $4,569,000 and capital expenditures (others) was $804,000 compared to net cash provided by operating activities was $10,615,000, capital expenditures (expansions) was $48,037,000 and capital expenditures (others) was $40,699,000 for the same period a year ago.

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TXI Competitors

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Market data is delayed at least 20 minutes.

Industry Analysis

Valuation TXI Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.3x
Price/Book 1.2x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.5x

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