NYSE:MLM Martin Marietta Materials (MLM) Stock Price, News & Analysis → AI Hell Will Break Loose [June 30, 2024] … (From Banyan Hill Publishing) (Ad) Free MLM Stock Alerts $552.43 -6.45 (-1.15%) (As of 02:38 PM ET) Add Compare Share Share Today's Range$550.04▼$558.8050-Day Range$555.80▼$621.8952-Week Range$389.90▼$626.67Volume188,041 shsAverage Volume411,969 shsMarket Capitalization$34.05 billionP/E Ratio16.37Dividend Yield0.54%Price Target$610.27 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Martin Marietta Materials alerts: Email Address Martin Marietta Materials MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.77 Rating ScoreUpside/Downside10.7% Upside$610.27 Price TargetShort InterestHealthy1.48% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-5.65Upright™ Environmental ScoreNews Sentiment0.88Based on 5 Articles This WeekInsider TradingSelling Shares$6.03 M Sold Last QuarterProj. Earnings Growth4.02%From $23.38 to $24.32 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.4.50 out of 5 starsConstruction Sector30th out of 98 stocksMining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry7th out of 20 stocks 3.4 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 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Martin Marietta Materials' stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.48% 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, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Martin Marietta Materials has recently decreased by 5.92%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldMartin Marietta Materials has a dividend yield of 0.53%, 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 8.77%. 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 12.17% next year. This indicates that Martin Marietta Materials will be able to sustain or increase its dividend.Read more about Martin Marietta Materials' 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 1.6 News and Social Media Coverage News SentimentMartin Marietta Materials has a news sentiment score of 0.88. 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 5 news articles for Martin Marietta Materials this week, compared to 9 articles on an average week.Search InterestOnly 2 people have searched for MLM on MarketBeat in the last 30 days. This is a decrease of -71% compared to the previous 30 days.MarketBeat FollowsOnly 9 people have added Martin Marietta Materials to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% 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 $6,032,900.00 in company stock.Percentage Held by InsidersOnly 0.68% 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.Read more about Martin Marietta Materials' insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Martin Marietta Materials are expected to grow by 4.02% in the coming year, from $23.38 to $24.32 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Martin Marietta Materials is 16.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.96.Price to Earnings Ratio vs. SectorThe P/E ratio of Martin Marietta Materials is 16.33, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 22.56.Price to Earnings Growth RatioMartin Marietta Materials has a PEG Ratio of 2.43. 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 4.24. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Martin Marietta Materials' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Capital TrendsOverlooked Mineral Essential To Quantum Computing and AIBoron is also at the heart of a breakthrough that could fuel one of mankind's most sensational advances in semiconductor technologies. A critical next step to satisfy the massive processing needs of AI and quantum computing.Click here to learn how this overlooked mineral shapes the world today 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 HeadlinesMay 22, 2024 | marketbeat.comEagle Materials Stock is Dipping, Results Say Not for Long (MLM)Eagle Materials is looking to hold its support line after dipping on earnings results, record-breaking financials and heating industry demand push for moreMay 30, 2024 | seekingalpha.comMartin Marietta Is Now A Much More Attractive InvestmentMay 29, 2024 | msn.com3 Dividend Stocks That Just Beat and Raised on EarningsMay 29, 2024 | news.yahoo.comMartin Marietta drilling in southern Howard County, officials sayMay 28, 2024 | seekingalpha.comBoise Cascade Company: Despite Roaring Higher, Shares Still Have Room To RunMay 16, 2024 | benzinga.com$100 Invested In Martin Marietta Materials 10 Years Ago Would Be Worth This Much TodayMay 16, 2024 | globenewswire.comMartin Marietta Declares Quarterly Cash DividendMay 11, 2024 | finance.yahoo.comDow Jones Futures: Inflation Reports Loom; Taiwan Semi Leads 5 Stocks In Buy ZonesMay 10, 2024 | finance.yahoo.comShareholders May Not Be So Generous With Martin Marietta Materials, Inc.'s (NYSE:MLM) CEO Compensation And Here's WhyMay 8, 2024 | prnewswire.comALBEMARLE AND MARTIN MARIETTA SIGN INNOVATIVE AGREEMENT FOR BENEFICIAL USE OF MATERIAL FROM KINGS MOUNTAIN MINEMay 3, 2024 | finance.yahoo.comMartin Marietta (MLM) Reached an All-Time High in Q1May 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 ...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 estimatesSee 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 Earnings4/30/2024Ex-Dividend for 6/28 Dividend6/03/2024Today6/06/2024Dividend Payable6/28/2024Next 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$610.27 High Stock Price Target$737.00 Low Stock Price Target$490.00 Potential Upside/Downside+9.3%Consensus RatingModerate Buy Rating Score (0-4)2.77 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$33.75 Trailing P/E Ratio16.55 Forward P/E Ratio23.89 P/E Growth2.43Net Income$1.17 billion Net Margins31.35% Pretax Margin40.99% Return on Equity14.74% Return on Assets7.70% Debt Debt-to-Equity Ratio0.44 Current Ratio3.16 Quick Ratio2.41 Sales & Book Value Annual Sales$6.78 billion Price / Sales5.08 Cash Flow$27.85 per share Price / Cash Flow20.05 Book Value$130.01 per share Price / Book4.30Miscellaneous Outstanding Shares61,640,000Free Float61,221,000Market Cap$34.42 billion OptionableOptionable Beta0.93 Social Links The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.Get This Free Report Key ExecutivesMr. C. Howard Nye (Age 61)Chairman, CEO & President Comp: $4.78MMr. James A. J. Nickolas (Age 53)Executive VP & CFO Comp: $2.41MMr. Robert J. Cardin (Age 61)Senior VP, Controller & Chief Accounting Officer Comp: $1.39MMs. Roselyn R. Bar (Age 65)Executive VP, General Counsel & Corporate Secretary Comp: $1.93MMr. Michael J. Petro (Age 40)Senior Vice President of Strategy & Development Comp: $1.32MSuzanne OsbergVice President of Investor RelationsMr. Kirk LightPresident of Cement & Southwest Ready MixOliver W. Brooks (Age 38)Senior Vice President of Enterprise Excellence Ron KopplinEast Division PresidentAbbott LawrenceWest Division PresidentMore ExecutivesKey CompetitorsVulcan MaterialsNYSE:VMCEagle MaterialsNYSE:EXPUnited States Lime & MineralsNASDAQ:USLMTeck ResourcesNYSE:TECKSociedad Química y Minera de ChileNYSE:SQMView All CompetitorsInsiders & InstitutionsDekaBank Deutsche GirozentraleBought 6,522 shares on 6/4/2024Ownership: 0.325%Pathway Financial Advisers LLCBought 66 shares on 5/29/2024Ownership: 0.000%Teachers Retirement System of The State of KentuckyBought 14,920 shares on 5/28/2024Ownership: 0.033%Cetera Investment AdvisersBought 8,536 shares on 5/24/2024Ownership: 0.017%Cetera Advisors LLCBought 1,179 shares on 5/24/2024Ownership: 0.003%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.: Recent insider selling by the CEO and EVP could indicate confidence in the company's future performance and stability. The company has a moderate buy rating and an average price target of $610.27, suggesting potential growth and positive outlook from analysts. Martin Marietta Materials, Inc. has a strong market capitalization of $35.70 billion, indicating stability and size in the industry. The stock has shown resilience with a 52-week high of $626.67, demonstrating potential for growth and value appreciation. The company focuses on acquiring, developing, and exploring unconventional oil and natural gas reserves, aligning with the current energy market trends and demands. Cons Investors should be bearish about investing in Martin Marietta Materials, Inc. for these reasons: Recent insider selling activities by key executives may raise concerns about the company's future performance or potential challenges ahead. The stock's price-to-earnings-growth ratio of 2.70 may indicate that the stock is currently overvalued compared to its growth prospects, potentially limiting short-term gains. The company's debt-to-equity ratio of 0.44 could pose risks in case of economic downturns or changes in interest rates, impacting the company's financial health. While the stock has a 50-day moving average price of $599.09, the recent trading volume and volatility may suggest uncertainty or fluctuations in the market sentiment towards the company. Investors should consider the beta of 0.95 for Martin Marietta Materials, Inc., which indicates the stock's sensitivity to market movements, potentially leading to higher volatility compared to the market average. 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 Sunday, June 2, 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 brokerages have issued twelve-month price targets for Martin Marietta Materials' shares. Their MLM share price targets range from $490.00 to $737.00. On average, they expect the company's share price to reach $610.27 in the next twelve months. This suggests a possible upside of 10.7% from the stock's current price. 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 stock has increased by 10.4% and is now trading at $551.04. 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 earnings results on Tuesday, April, 30th. The construction company reported $1.93 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.88 by $0.05. The construction company earned $1.25 billion during the quarter, compared to the consensus estimate of $1.31 billion. Martin Marietta Materials had a trailing twelve-month return on equity of 14.74% and a net margin of 31.35%. The business's revenue was down 7.6% compared to the same quarter last year. During the same period last year, the business earned $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, May 16th. Stockholders of record on Monday, June 3rd will be given a dividend of $0.74 per share on Friday, June 28th. This represents a $2.96 annualized dividend and a dividend yield of 0.54%. The ex-dividend date of this dividend is Monday, June 3rd. 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 0.53%. 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 8.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MLM will have a dividend payout ratio of 12.17% 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), BTD Capital Fund (DIP), 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) and Vanguard Materials ETF (VAW). What guidance has Martin Marietta Materials issued on next quarter's earnings? Martin Marietta Materials issued an update on its FY 2024 earnings guidance on Tuesday, April, 30th. The company provided earnings per share (EPS) 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 a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (11.66%), Baillie Gifford & Co. (3.69%), JPMorgan Chase & Co. (3.39%), Price T Rowe Associates Inc. MD (1.59%), Principal Financial Group Inc. (1.54%) and Bank of New York Mellon Corp (0.74%). 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. 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