NYSE:MLM Martin Marietta Materials (MLM) Stock Price, News & Analysis → The biggest energy story ever? (From Porter & Company) (Ad) Free MLM Stock Alerts $590.86 +3.79 (+0.65%) (As of 05/1/2024 ET) Add Compare Share Share Today's Range$576.40▼$603.3850-Day Range$548.16▼$621.8952-Week Range$361.33▼$626.67Volume649,170 shsAverage Volume416,877 shsMarket Capitalization$36.47 billionP/E Ratio31.38Dividend Yield0.50%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/Downside0.4% Downside$588.69 Price TargetShort InterestHealthy1.61% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-5.65Upright™ Environmental ScoreNews Sentiment0.66Based on 41 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.3.92 out of 5 starsConstruction Sector30th out of 95 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 2.6 News and Social Media Coverage News SentimentMartin Marietta Materials has a news sentiment score of 0.66. 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 is a higher news sentiment than the 0.53 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 41 news articles for Martin Marietta Materials this week, compared to 9 articles on an average week.Search InterestOnly 8 people have searched for MLM on MarketBeat in the last 30 days. This is a decrease of -47% 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 -15% 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 0.59% 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 31.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 147.26.Price to Earnings Ratio vs. SectorThe P/E ratio of Martin Marietta Materials is 31.38, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 16.75.Price to Earnings Growth RatioMartin Marietta Materials has a PEG Ratio of 2.91. 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 4.54. 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 Weiss RatingsProtect Your Bank Account Before It’s Too LateFor months I’ve been warning about the federal government’s terrifying new program to control every American’s bank account. It gives them the power to monitor every single transaction …Stop right now and do these 3 things to protect yourself 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 29, 2024 | marketbeat.comHere's Why Institutions Had Been Buying Martin Marietta StockA U.S. construction boom may be in the works, as the current housing market has hit a stalemate between willing buyers and sellers. With only one alternative left to break this frozen property market, homebuilding stocks and their horizontal components could attract most of Wall Street's attention this cycle.April 29, 2024 | marketbeat.comHere’s Why Institutions Had Been Buying Martin Marietta Stock (MLM)As the U.S. construction boom gets underway, certain stocks are coming out of fashion to open up a path for Martin Marietta stock to beat its peersMay 2, 2024 | Weiss Ratings (Ad)Protect Your Bank Account Before It’s Too LateFor months I’ve been warning about the federal government’s terrifying new program to control every American’s bank account. It gives them the power to monitor every single transaction …May 2, 2024 | markets.businessinsider.comOptimistic Financial Trajectory Justifies Buy Rating for Martin Marietta MaterialsMay 1, 2024 | markets.businessinsider.comAnalysts Are Bullish on Top Materials Stocks: Ashland (ASH), Martin Marietta Materials (MLM)May 1, 2024 | benzinga.comHere's How Much $100 Invested In Martin Marietta Materials 20 Years Ago Would Be Worth TodayMay 1, 2024 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Materials Stocks: Ecolab (ECL), Corning (GLW) and Martin Marietta Materials (MLM)May 1, 2024 | finance.yahoo.comMartin Marietta Materials Inc (MLM) (Q1 2024) Earnings Call Transcript Highlights: Key ...May 2, 2024 | Weiss Ratings (Ad)Protect Your Bank Account Before It’s Too LateFor months I’ve been warning about the federal government’s terrifying new program to control every American’s bank account. It gives them the power to monitor every single transaction …April 30, 2024 | msn.comMartin Marietta Reports Decline In Q1 Earnings Despite Strong Divestiture GainsApril 30, 2024 | seekingalpha.comMartin Marietta Materials, Inc. 2024 Q1 - Results - Earnings Call PresentationApril 30, 2024 | msn.comMartin Marietta beats first-quarter profit estimatesApril 30, 2024 | finance.yahoo.comMartin Marietta Materials Inc (MLM) Surpasses Analyst Revenue Forecasts with Strong Q1 2024 ...April 30, 2024 | investorplace.comMLM Stock Earnings: Martin Marietta Materials Beats EPS, Misses Revenue for Q1 2024April 30, 2024 | finanznachrichten.deMartin Marietta Materials, Inc.: Martin Marietta Reports First-Quarter 2024 ResultsApril 30, 2024 | marketwatch.comMartin Marietta Materials 1Q Profit Surges on Divestiture, Raises 2024 OutlookApril 30, 2024 | sfgate.comMartin Marietta: Q1 Earnings SnapshotApril 30, 2024 | markets.businessinsider.comMartin Marietta Materials, Inc. Bottom Line Rises In Q1, Beats estimatesApril 30, 2024 | globenewswire.comMartin Marietta Reports First-Quarter 2024 ResultsApril 30, 2024 | msn.comDOH chief unaware of pyramiding schemes, exorbitant gifts to doctorsApril 29, 2024 | msn.comMartin Marietta Materials Q1 2024 Earnings PreviewApril 29, 2024 | msn.comStocks Finish Higher on Solid Q1 Earnings ResultsApril 29, 2024 | finance.yahoo.comEstimating The Fair Value Of Martin Marietta Materials, Inc. (NYSE:MLM)April 29, 2024 | americanbankingnews.comMartin Marietta Materials, Inc. to Post Q1 2024 Earnings of $1.87 Per Share, Seaport Res Ptn Forecasts (NYSE:MLM)April 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 26, 2024 | msn.com1 Stock to Profit from the U.S. Infrastructure Spending BonanzaSee 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 Ex-Dividend for 3/28 Dividend3/01/2024Dividend Payable3/28/2024Last Earnings4/30/2024Today5/01/2024Next Earnings (Estimated)7/25/2024Fiscal 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-0.4%Consensus RatingModerate Buy Rating Score (0-4)2.77 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$18.83 Trailing P/E Ratio31.38 Forward P/E Ratio27.74 P/E Growth2.91Net 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 / Sales5.38 Cash Flow$27.18 per share Price / Cash Flow21.74 Book Value$130.01 per share Price / Book4.54Miscellaneous Outstanding Shares61,720,000Free Float61,355,000Market Cap$36.47 billion OptionableOptionable Beta0.96 Social Links These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.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:VMCOtis WorldwideNYSE:OTISLennarNYSE:LENUnited RentalsNYSE:URIHowmet AerospaceNYSE:HWMView All CompetitorsInsiders & InstitutionsJanney Montgomery Scott LLCBought 52 shares on 5/1/2024Ownership: 0.046%Connecticut Wealth Management LLCSold 43 shares on 5/1/2024Ownership: 0.002%Prosperity Consulting Group LLCBought 109 shares on 5/1/2024Ownership: 0.001%Wambolt & Associates LLCSold 67 shares on 5/1/2024Ownership: 0.001%Sequoia Financial Advisors LLCBought 100 shares on 5/1/2024Ownership: 0.000%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 twelve months. 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 analysts have issued twelve-month price objectives for Martin Marietta Materials' stock. Their MLM share price targets range from $465.00 to $737.00. On average, they expect the company's stock price to reach $588.69 in the next year. This suggests that the stock has a possible downside of 0.4%. 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 at the beginning of 2024. Since then, MLM shares have increased by 18.4% and is now trading at $590.86. 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 Thursday, July 25th 2024. View our MLM earnings forecast. How were Martin Marietta Materials' earnings last quarter? Martin Marietta Materials, Inc. (NYSE:MLM) posted its quarterly earnings results on Tuesday, April, 30th. The construction company reported $1.93 earnings per share for the quarter, topping analysts' consensus estimates of $1.88 by $0.05. The construction company had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.31 billion. Martin Marietta Materials had a net margin of 17.25% and a trailing twelve-month return on equity of 15.77%. The business's revenue for the quarter was down 7.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.16 earnings per share. 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 announced a quarterly dividend on Thursday, February 22nd. Stockholders 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 yield of 0.50%. The ex-dividend date 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 Tuesday, April, 30th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $6.9 billion-$7.3 billion, compared to the consensus revenue estimate of $7.1 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 investors include Baillie Gifford & Co. (3.69%), Principal Financial Group Inc. (1.54%), Bank of New York Mellon Corp (0.74%), Findlay Park Partners LLP (0.63%), Mirae Asset Global Investments Co. Ltd. (0.46%) and Congress Asset Management Co. MA (0.40%). 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 5/2/2024 by MarketBeat.com Staff From Our Partners😱 This phenomenon is smashing regular market gainsMillPubBiden to Launch “FedNOW” [Move Your Money Now]Priority GoldHave You Seen Elon’s New A.I. Device? (Picture Inside)InvestorPlaceYour bank is lying to you.MyBankTrackerDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsA.I. is a Tidal Wave - Here’s What to BuyChaikin AnalyticsForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingPOTUS in ‘25 Not Biden/Trump, ButThe Freeport Society Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Martin Marietta Materials, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
