NYSE:MLM Martin Marietta Materials (MLM) Stock Price, News & Analysis → The Best AI Stock to Own in the World Today is Trading for Just $25 (From Banyan Hill Publishing) (Ad) Free MLM Stock Alerts $604.99 +7.92 (+1.33%) (As of 04/26/2024 ET) Add Compare Share Share Today's Range$598.79▼$606.4050-Day Range$533.21▼$621.8952-Week Range$345.03▼$626.67Volume386,242 shsAverage Volume397,845 shsMarket Capitalization$37.34 billionP/E Ratio32.13Dividend Yield0.49%Price Target$588.69 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Martin Marietta Materials alerts: Email Address Martin Marietta Materials MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.77 Rating ScoreUpside/Downside2.7% Downside$588.69 Price TargetShort InterestHealthy1.61% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-5.65Upright™ Environmental ScoreNews Sentiment0.54Based on 15 Articles This WeekInsider TradingSelling Shares$16.03 M Sold Last QuarterProj. Earnings Growth11.88%From $21.30 to $23.83 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.84 out of 5 starsConstruction Sector35th out of 98 stocksMining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry4th out of 19 stocks 2.4 Analyst's Opinion Consensus RatingMartin Marietta Materials has received a consensus rating of Moderate Buy. The company's average rating score is 2.77, and is based on 10 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageMartin Marietta Materials has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.61% of the float of Martin Marietta Materials has been sold short.Short Interest Ratio / Days to CoverMartin Marietta Materials has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Martin Marietta Materials has recently increased by 13.64%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldMartin Marietta Materials has a dividend yield of 0.49%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthMartin Marietta Materials has been increasing its dividend for 8 years.Dividend CoverageThe dividend payout ratio of Martin Marietta Materials is 15.72%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Martin Marietta Materials will have a dividend payout ratio of 12.42% next year. This indicates that Martin Marietta Materials will be able to sustain or increase its dividend. Previous Next 0.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreMartin Marietta Materials has received a -73.50% net impact score from Upright. The largest negative impact of Martin Marietta Materials in category "GHG emissions" seems to be driven mostly by its "Construction sand", "Stone chippings", "Fiber cement", "Dry mortar", and "Asphalt" products. See details.Environmental SustainabilityThe Environmental Impact score for Martin Marietta Materials is -5.65. Previous Next 2.0 News and Social Media Coverage News SentimentMartin Marietta Materials has a news sentiment score of 0.54. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Construction companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Martin Marietta Materials this week, compared to 8 articles on an average week.Search InterestOnly 4 people have searched for MLM on MarketBeat in the last 30 days. This is a decrease of -76% compared to the previous 30 days.MarketBeat FollowsOnly 17 people have added Martin Marietta Materials to their MarketBeat watchlist in the last 30 days. This is a decrease of -11% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Martin Marietta Materials insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $16,033,760.00 in company stock.Percentage Held by InsidersOnly 0.61% of the stock of Martin Marietta Materials is held by insiders.Percentage Held by Institutions95.04% of the stock of Martin Marietta Materials is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Martin Marietta Materials are expected to grow by 11.88% in the coming year, from $21.30 to $23.83 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Martin Marietta Materials is 32.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.81.Price to Earnings Ratio vs. SectorThe P/E ratio of Martin Marietta Materials is 32.13, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 17.55.Price to Earnings Growth RatioMartin Marietta Materials has a PEG Ratio of 2.93. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioMartin Marietta Materials has a P/B Ratio of 4.65. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Priority GoldRed Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!Get your free information kit NOW, before it’s too late. Inside you’ll get the 3 secret strategies you can put in place starting today, so “they” don’t get your money tomorrow.Click here for your free guide About Martin Marietta Materials Stock (NYSE:MLM)Martin Marietta Materials, Inc., a natural resource-based building materials company, supplies aggregates and heavy-side building materials to the construction industry in the United States and internationally. It offers crushed stone, sand, and gravel products; ready mixed concrete and asphalt; paving products and services; and Portland and specialty cement for use in the infrastructure projects, and nonresidential and residential construction markets, as well as in the railroad, agricultural, utility, and environmental industries. The company also produces magnesia-based chemicals products; dolomitic lime primarily to customers for steel production and soil stabilization; and cement treated materials. Its chemical products are used in flame retardants, wastewater treatment, pulp and paper production, and other environmental applications. The company was founded in 1939 and is headquartered in Raleigh, North Carolina.Read More MLM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MLM Stock News HeadlinesApril 27, 2024 | americanbankingnews.comMartin Marietta Materials, Inc. (NYSE:MLM) Given Consensus Rating of "Moderate Buy" by AnalystsApril 27, 2024 | americanbankingnews.comSeaport Res Ptn Weighs in on Martin Marietta Materials, Inc.'s Q2 2024 Earnings (NYSE:MLM)April 28, 2024 | Banyan Hill Publishing (Ad)Forget AI, Imperium Is Expected to Grow 320,00% in 3 YearsIf you think AI is big, then you have got to check out something I call Imperium… By my calculations, it’s set to grow 320,000% in three years. (You can see my calculations here.)April 26, 2024 | msn.com1 Stock to Profit from the U.S. Infrastructure Spending BonanzaApril 26, 2024 | seekingalpha.comWeitz Multi Cap Equity Fund Q1 2024 CommentaryApril 23, 2024 | americanbankingnews.comMartin Marietta Materials (MLM) to Release Earnings on TuesdayApril 15, 2024 | finance.yahoo.comMartin Marietta Materials (MLM) Posted Record Revenue and ProfitabilityApril 13, 2024 | bizjournals.comAn office space shortage? Here's how it could happenApril 28, 2024 | Banyan Hill Publishing (Ad)Forget AI, Imperium Is Expected to Grow 320,00% in 3 YearsIf you think AI is big, then you have got to check out something I call Imperium… By my calculations, it’s set to grow 320,000% in three years. (You can see my calculations here.)April 8, 2024 | finance.yahoo.comWhat Does Martin Marietta Materials, Inc.'s (NYSE:MLM) Share Price Indicate?April 8, 2024 | globenewswire.comBlue Water Industries Completes Sale of Certain Aggregates Operations to Martin MariettaApril 8, 2024 | globenewswire.comMartin Marietta Completes Acquisition of Aggregates Operations From Affiliates of Blue Water Industries LLC and Announces First-Quarter 2024 Earnings Conference CallApril 2, 2024 | markets.businessinsider.comExpert Outlook: Martin Marietta Materials Through The Eyes Of 10 AnalystsMarch 29, 2024 | finance.yahoo.comMartin Marietta Materials (MLM) Rose 22% Due to Higher Profit GuidanceMarch 25, 2024 | seekingalpha.comDividend Champion, Contender, And Challenger Highlights: Week Of March 24March 21, 2024 | finance.yahoo.comIs Martin Marietta Materials, Inc.'s (NYSE:MLM) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?March 15, 2024 | msn.comAlbemarle, FMC, Celanese most shorted S&P 500 materials stocks in FebruaryMarch 15, 2024 | seekingalpha.comMartin Marietta: An Impressive Investment Case, But Shares Appear Fully ValuedMarch 15, 2024 | benzinga.comInsider Unloading: Roselyn R Bar Sells $6.03M Worth Of Martin Marietta Materials SharesMarch 15, 2024 | finance.yahoo.comInsider Sell: EVP, General Counsel and Secy Roselyn Bar Sells 10,000 Shares of Martin Marietta ...March 8, 2024 | msn.comMartin Marietta Materials downgraded to 'peer perform' at Wolfe on valuationMarch 8, 2024 | markets.businessinsider.comWhat 8 Analyst Ratings Have To Say About Martin Marietta MaterialsMarch 4, 2024 | gurufocus.comMartin Marietta Materials Inc (MLM)'s Winning Formula: Financial Metrics and Competitive StrengthsMarch 2, 2024 | nasdaq.comGuru Fundamental Report for MLMMarch 2, 2024 | msn.comMartin Marietta Materials (MLM) Declares $0.74 DividendFebruary 28, 2024 | markets.businessinsider.comAnalysts Offer Insights on Materials Companies: Martin Marietta Materials (MLM) and Ecolab (ECL)February 24, 2024 | msn.comMartin Marietta Materials (MLM) Price Target Increased by 9.25% to 594.22See More Headlines Receive MLM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Martin Marietta Materials and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/14/2024Ex-Dividend for 3/28 Dividend3/01/2024Dividend Payable3/28/2024Today4/28/2024Next Earnings (Confirmed)4/30/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConstruction Industry Mining & quarrying of nonmetallic minerals, except fuels Sub-IndustryConstruction Materials Current SymbolNYSE:MLM CUSIP57328410 CIK916076 Webwww.martinmarietta.com Phone(919) 781-4550Fax919-783-4535Employees9,400Year Founded1993Price Target and Rating Average Stock Price Target$588.69 High Stock Price Target$737.00 Low Stock Price Target$465.00 Potential Upside/Downside-2.7%Consensus RatingModerate Buy Rating Score (0-4)2.77 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$18.83 Trailing P/E Ratio32.13 Forward P/E Ratio28.40 P/E Growth2.93Net Income$1.17 billion Net Margins17.25% Pretax Margin22.03% Return on Equity15.77% Return on Assets7.98% Debt Debt-to-Equity Ratio0.49 Current Ratio3.35 Quick Ratio2.50 Sales & Book Value Annual Sales$6.78 billion Price / Sales5.51 Cash Flow$27.71 per share Price / Cash Flow21.83 Book Value$130.01 per share Price / Book4.65Miscellaneous Outstanding Shares61,720,000Free Float61,343,000Market Cap$37.34 billion OptionableOptionable Beta0.96 Social Links Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. C. Howard Nye (Age 61)Chairman, CEO & President Comp: $4.2MMr. James A. J. Nickolas (Age 53)Executive VP & CFO Comp: $1.46MMs. Roselyn R. Bar (Age 65)Executive VP, General Counsel & Corporate Secretary Comp: $1.35MMr. Robert J. Cardin (Age 61)Senior VP, Controller & Chief Accounting Officer Suzanne OsbergVice President of Investor RelationsMs. Kelly G. BennettSenior VP, Chief Human Resource Officer & Head of Inclusion & Engagement ProgramsMr. Kirk LightPresident of Cement & Southwest Ready MixMr. Michael J. Petro (Age 40)Senior Vice President of Strategy & Development Oliver W. Brooks (Age 38)Senior Vice President of Enterprise Excellence Ron KopplinEast Division PresidentMore ExecutivesKey CompetitorsVulcan MaterialsNYSE:VMCQuanta ServicesNYSE:PWROtis WorldwideNYSE:OTISLennarNYSE:LENUnited RentalsNYSE:URIView All CompetitorsInsiders & InstitutionsSignature Wealth Management Partners LLCSold 172 shares on 4/27/2024Ownership: 0.002%Caas Capital Management LPBought 500 shares on 4/27/2024Ownership: 0.000%Conning Inc.Bought 330 shares on 4/27/2024Ownership: 0.001%Yousif Capital Management LLCSold 209 shares on 4/26/2024Ownership: 0.013%Pinnacle Associates Ltd.Sold 147 shares on 4/26/2024Ownership: 0.006%View All Insider TransactionsView All Institutional Transactions Should I Buy Martin Marietta Materials Stock? MLM Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Martin Marietta Materials, Inc.: Martin Marietta Materials has a strong dividend yield of 0.50%, providing investors with a steady income stream. The company's dividend payout ratio is currently low at 15.72%, indicating that it has room for potential dividend growth. Institutional investors like Vanguard Group Inc. and State Street Corp. have been increasing their stakes in the company, showing confidence in its future performance. Wall Street analysts have given the stock positive ratings, with an average target price of $559.46, suggesting potential price appreciation. The company's focus on supplying essential building materials for infrastructure projects and construction markets positions it well for long-term growth. Cons Investors should be bearish about investing in Martin Marietta Materials, Inc. for these reasons: The stock price may be influenced by market volatility and economic conditions, impacting short-term returns. Competition in the construction materials industry could affect the company's market share and profitability. Any changes in government infrastructure spending policies could impact the demand for Martin Marietta Materials' products. Fluctuations in raw material prices, such as sand and gravel, could affect the company's production costs and margins. Investors should consider the cyclical nature of the construction industry, which may impact the company's revenue during economic downturns. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 6, 2024. Please send any questions or comments about these Martin Marietta Materials pros and cons to contact@marketbeat.com. MLM Stock Analysis - Frequently Asked Questions Should I buy or sell Martin Marietta Materials stock right now? 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Martin Marietta Materials in the last year. There are currently 3 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" MLM shares. View MLM analyst ratings or view top-rated stocks. What is Martin Marietta Materials' stock price target for 2024? 13 equities research analysts have issued 1 year price objectives for Martin Marietta Materials' stock. Their MLM share price targets range from $465.00 to $737.00. On average, they predict the company's share price to reach $588.69 in the next twelve months. This suggests that the stock has a possible downside of 2.7%. View analysts price targets for MLM or view top-rated stocks among Wall Street analysts. How have MLM shares performed in 2024? Martin Marietta Materials' stock was trading at $498.91 on January 1st, 2024. Since then, MLM shares have increased by 21.3% and is now trading at $604.99. View the best growth stocks for 2024 here. When is Martin Marietta Materials' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024. View our MLM earnings forecast. How can I listen to Martin Marietta Materials' earnings call? Martin Marietta Materials will be holding an earnings conference call on Tuesday, April 30th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Martin Marietta Materials' earnings last quarter? Martin Marietta Materials, Inc. (NYSE:MLM) released its quarterly earnings data on Wednesday, February, 14th. The construction company reported $4.63 earnings per share for the quarter, beating analysts' consensus estimates of $3.96 by $0.67. The construction company earned $1.61 billion during the quarter, compared to the consensus estimate of $1.62 billion. Martin Marietta Materials had a net margin of 17.25% and a trailing twelve-month return on equity of 15.77%. The company's revenue was up 8.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.04 EPS. Read the conference call transcript. How often does Martin Marietta Materials pay dividends? What is the dividend yield for Martin Marietta Materials? Martin Marietta Materials declared a quarterly dividend on Thursday, February 22nd. Investors of record on Monday, March 4th will be given a dividend of $0.74 per share on Thursday, March 28th. This represents a $2.96 annualized dividend and a dividend yield of 0.49%. The ex-dividend date of this dividend is Friday, March 1st. Read our dividend analysis for MLM. Is Martin Marietta Materials a good dividend stock? Martin Marietta Materials (NYSE:MLM) pays an annual dividend of $2.96 per share and currently has a dividend yield of 0.49%. The company has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 15.72%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MLM will have a dividend payout ratio of 12.42% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MLM. What ETFs hold Martin Marietta Materials' stock? ETFs with the largest weight of Martin Marietta Materials (NYSE:MLM) stock in their portfolio include TCW Transform Supply Chain ETF (SUPP), Invesco Building & Construction ETF (PKB), Materials Select Sector SPDR Fund (XLB), Invesco S&P 500 Equal Weight Materials ETF (RTM), Invesco S&P 500 Equal Weight Materials ETF (RSPM), Global X U.S. Infrastructure Development ETF (PAVE), Vanguard Materials ETF (VAW) and Fidelity MSCI Materials Index ETF (FMAT). What guidance has Martin Marietta Materials issued on next quarter's earnings? Martin Marietta Materials updated its FY 2024 earnings guidance on Wednesday, February, 14th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $6.7 billion-$7.2 billion, compared to the consensus revenue estimate of $7.3 billion. What is C. Howard Nye's approval rating as Martin Marietta Materials' CEO? 125 employees have rated Martin Marietta Materials Chief Executive Officer C. Howard Nye on Glassdoor.com. C. Howard Nye has an approval rating of 84% among the company's employees. What other stocks do shareholders of Martin Marietta Materials own? Based on aggregate information from My MarketBeat watchlists, some companies that other Martin Marietta Materials investors own include NVIDIA (NVDA), AbbVie (ABBV), Micron Technology (MU), Vulcan Materials (VMC), Boeing (BA), Alibaba Group (BABA), UnitedHealth Group (UNH), Broadcom (AVGO), Salesforce (CRM) and Johnson & Johnson (JNJ). Who are Martin Marietta Materials' major shareholders? Martin Marietta Materials' stock is owned by many different retail and institutional investors. Top institutional shareholders include Bank of New York Mellon Corp (0.74%), Congress Asset Management Co. MA (0.40%), Sumitomo Mitsui Trust Holdings Inc. (0.24%), Raymond James & Associates (0.18%), Congress Wealth Management LLC DE (0.09%) and Tran Capital Management L.P. (0.09%). Insiders that own company stock include C Howard Nye, Craig M Latorre, John P Mohr, Roselyn R Bar and Sue W Cole. View institutional ownership trends. How do I buy shares of Martin Marietta Materials? Shares of MLM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:MLM) was last updated on 4/28/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? 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