James Hardie stock updates share structure with 5,131,868 CDI shift

James Hardie Industries plc (AU000000JHX1) was last at USD 24.61 on the NYSE on October 7, 2026 at 4:00 p.m. ET, down 3.60 percent from the prior close. The company also updated its September CDI figures, giving investors a clearer view of the shift between depositary interests and ordinary shares.

CDIs fall by 5,131,868

According to The Globe and Mail on October 8, 2026, James Hardie had 291,450,549 CDIs outstanding at September 2026 month-end, compared with 296,582,417 in August. That represents a decline of 5,131,868 CDIs.

Ordinary shares held outside the CDI structure rose to 290,137,842 from 285,004,750, an increase of 5,133,092. The change reflects transfers between CDIs and ordinary shares rather than a new operating result, making the capital-structure update more relevant than its headline share-count movement.

Quarterly growth remains measurable

James Hardie's latest reported quarter was Q1 FY27, ended June 30, 2026. Business Quant reported revenue of USD 1.4746 billion and net income of USD 104.3 million, with revenue up 63.9 percent from the year-earlier quarter.

MarketBeat said Q1 earnings per share reached USD 0.36 versus a USD 0.32 consensus estimate, while revenue of USD 1.47 billion exceeded the USD 1.42 billion estimate. The earnings comparison gives the share-structure update an operating backdrop, although the two figures address different investor questions.

Consensus target stays above the stock

MarketBeat described a Moderate Buy consensus based on 10 Buy ratings and three Hold ratings, with an average price target of USD 34.00. That target lies 38.2 percent above the USD 24.61 NYSE price on October 7, 2026, according to MarketBeat.

The same report said Melius Research initiated coverage with a Buy rating and a USD 36.00 target on October 6, 2026. Citi had cut its rating from Buy to Neutral on September 28, 2026, showing that the positive consensus includes differing views on valuation and execution.

Stock remains below its yearly high

James Hardie stock was 21.7 percent below its 52-week high of USD 31.43 and above its 52-week low of USD 16.46 on October 7, 2026. Market capitalization stood at USD 14.3 billion and volume reached 10,655,120 shares for the same session.

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