United States Lime & Minerals (USLM) drew investor attention on October 30, 2026, after releasing third quarter earnings along with a fresh quarterly cash dividend declaration of $0.06 per share.
At a latest share price of $118.10, United States Lime & Minerals has seen its share price fall around 2% year to date, even after a strong 1 month share price return of about 9%. The 3 year total shareholder return of roughly 200% points to longer term momentum that still influences how investors read the latest earnings and dividend news.
Scan more quarry-to-dividend stories like United States Lime & Minerals by reviewing our curated list of list of solid balance sheet and fundamentals (25 results).
The share price has cooled over the past year while earnings and dividends have held steady. Does United States Lime & Minerals still offer a fair trade off between risk and reward at about $118 per share?
Preferred P/E of 25.3x: Is it justified?
Valuation on United States Lime & Minerals today leans on a rich P/E tag of 25.3x at a share price of about $118, which screens as expensive against both peers and the wider basic materials group.
The P/E ratio compares the current share price to earnings per share and effectively shows how many dollars investors are willing to pay for one dollar of profit. For a quarry to industrial products business like United States Lime & Minerals, this yardstick matters because earnings are tied to construction cycles, industrial demand and long lived assets rather than hyper growth themes.
On the numbers given, the market is assigning a premium multiple even though earnings growth over the past year was 2.3%, which trails the company’s own 5 year earnings growth rate of 28.6% per year and comes with net profit margins that slipped from 35.8% to 35.1%. That combination raises a fair question for readers about whether the current price already bakes in a lot of the long term improvement that has already occurred.
The premium really shows up when you line it up against benchmarks. United States Lime & Minerals trades on a P/E of 25.3x compared to a peer average multiple of 18.4x and a Global Basic Materials industry average P/E of 14.8x, so investors are paying a much higher price for each dollar of earnings than they would for similar businesses.
See what the numbers say about this price — find out in our valuation breakdown.
Result: Price-to-earnings of 25.3x (OVERVALUED).
Still, the United States Lime & Minerals story can be knocked off course if construction demand softens or if quarry and energy input costs rise.
Find out about the key risks to this United States Lime & Minerals narrative.
Another view on United States Lime & Minerals
On a separate cut of the numbers, the SWS DCF model points to a future cash flow value of $108.40 per share, which sits below the current $118.10 price. That indicates United States Lime & Minerals is overvalued according to this method and raises the question of which signal deserves more weight.
Look into how the SWS DCF model arrives at its fair value.
Simply Wall St performs a discounted cash flow (DCF) on every stock in the world every day (check out United States Lime & Minerals for example). We show the entire calculation in full. You can track the result in your watchlist or portfolio and be alerted when this changes, or use our stock screener to discover 40 high quality undervalued stocks. If you save a screener we even alert you when new companies match – so you never miss a potential opportunity.
Next Steps
Sentiment around United States Lime & Minerals is split, which is exactly when fresh eyes matter most. Move quickly, review the full picture, and weigh the 1 key reward and 1 important warning sign
Looking for more investment ideas beyond United States Lime & Minerals?
Do not stop your research with United States Lime & Minerals. The best edges often come from comparing multiple high quality ideas side by side in minutes.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
