Zacks Research Has Bullish Forecast for MLM Q3 Earnings

Martin Marietta Materials, Inc. (NYSE:MLM - Free Report) - Equities research analysts at Zacks Research boosted their Q3 2025 earnings per share (EPS) estimates for Martin Marietta Materials in a report released on Wednesday, May 21st. Zacks Research analyst R. Department now expects that the construction company will post earnings per share of $6.84 for the quarter, up from their previous forecast of $6.57. The consensus estimate for Martin Marietta Materials' current full-year earnings is $19.53 per share. Zacks Research also issued estimates for Martin Marietta Materials' Q3 2026 earnings at $7.56 EPS, Q4 2026 earnings at $5.45 EPS, FY2026 earnings at $21.22 EPS, Q1 2027 earnings at $3.31 EPS and FY2027 earnings at $24.17 EPS.

Martin Marietta Materials (NYSE:MLM - Get Free Report) last posted its earnings results on Wednesday, April 30th. The construction company reported $1.90 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.88 by $0.02. Martin Marietta Materials had a return on equity of 12.11% and a net margin of 30.54%. The firm had revenue of $1.35 billion during the quarter, compared to analysts' expectations of $1.36 billion. During the same period in the previous year, the firm earned $1.93 earnings per share. The company's revenue was up 8.2% on a year-over-year basis.

MLM has been the subject of several other reports. UBS Group raised Martin Marietta Materials from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $548.00 to $634.00 in a research report on Friday, May 16th. Seaport Res Ptn raised Martin Marietta Materials to a "strong-buy" rating in a research report on Friday, March 21st. Raymond James decreased their price target on shares of Martin Marietta Materials from $600.00 to $597.00 and set an "outperform" rating for the company in a research note on Tuesday, April 29th. Loop Capital cut their price objective on shares of Martin Marietta Materials from $645.00 to $615.00 and set a "buy" rating on the stock in a research report on Tuesday, April 1st. Finally, JPMorgan Chase & Co. downgraded shares of Martin Marietta Materials from an "overweight" rating to a "neutral" rating and decreased their target price for the company from $640.00 to $560.00 in a research report on Wednesday, March 19th. Three analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $610.69.

Martin Marietta Materials Stock Up 1.0%

Shares of Martin Marietta Materials stock traded up $5.60 on Monday, hitting $567.32. The company had a trading volume of 456,339 shares, compared to its average volume of 486,668. The firm has a market capitalization of $34.20 billion, a P/E ratio of 17.55, a P/E/G ratio of 4.45 and a beta of 0.89. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.50 and a quick ratio of 1.40. Martin Marietta Materials has a twelve month low of $441.95 and a twelve month high of $633.23. The stock has a 50-day moving average of $511.47 and a 200-day moving average of $526.53.

Institutional Investors Weigh In On Martin Marietta Materials

Several hedge funds and other institutional investors have recently added to or reduced their stakes in MLM. Vanguard Group Inc. grew its stake in shares of Martin Marietta Materials by 2.3% in the first quarter. Vanguard Group Inc. now owns 7,342,358 shares of the construction company's stock worth $3,510,602,000 after acquiring an additional 168,175 shares during the last quarter. JPMorgan Chase & Co. grew its position in Martin Marietta Materials by 10.1% during the 1st quarter. JPMorgan Chase & Co. now owns 2,944,694 shares of the construction company's stock valued at $1,407,947,000 after purchasing an additional 268,928 shares during the last quarter. Principal Financial Group Inc. grew its position in Martin Marietta Materials by 6.6% during the 1st quarter. Principal Financial Group Inc. now owns 1,940,423 shares of the construction company's stock valued at $927,775,000 after purchasing an additional 120,679 shares during the last quarter. Amundi grew its holdings in shares of Martin Marietta Materials by 9.2% during the first quarter. Amundi now owns 1,706,416 shares of the construction company's stock valued at $827,345,000 after buying an additional 144,270 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of Martin Marietta Materials by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 1,472,411 shares of the construction company's stock valued at $758,499,000 after buying an additional 32,082 shares during the last quarter. 95.04% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Martin Marietta Materials

In related news, SVP Michael J. Petro purchased 550 shares of Martin Marietta Materials stock in a transaction that occurred on Tuesday, March 4th. The shares were bought at an average price of $454.37 per share, for a total transaction of $249,903.50. Following the completion of the transaction, the senior vice president now directly owns 8,985 shares of the company's stock, valued at $4,082,514.45. This represents a 6.52% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Donald A. Mccunniff sold 1,332 shares of the company's stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $475.00, for a total value of $632,700.00. Following the transaction, the executive vice president now owns 3,523 shares in the company, valued at $1,673,425. This trade represents a 27.44% decrease in their position. The disclosure for this sale can be found here. 0.69% of the stock is owned by corporate insiders.

Martin Marietta Materials Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 2nd will be given a dividend of $0.79 per share. This represents a $3.16 annualized dividend and a dividend yield of 0.56%. The ex-dividend date is Monday, June 2nd. Martin Marietta Materials's dividend payout ratio is currently 18.20%.

About Martin Marietta Materials

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.