Mueller Industries (MLI) Stock Price, News & Analysis

Company Overview

Mueller Industries, Inc. (NYSE: MLI) is a diversified manufacturer and marketer of copper, brass, plastic and aluminum products for the plumbing, heating, ventilation and air conditioning (HVAC) and industrial markets. The company’s portfolio includes copper tube, fittings, valves, and fabricated products used in residential, commercial and industrial construction, as well as refrigeration components, coils, condensers and other HVAC system parts. Through its waterworks division, Mueller Industries also produces a range of water distribution and control products, such as fire hydrants, gate valves and related pipeline accessories.

Operating through three primary business segments—Plumbing & Refrigeration, Climate Equipment, and Industrial Metals—Mueller Industries serves customers across North America, Europe, Asia and the Middle East. Its manufacturing footprint comprises more than 70 facilities located in the United States, Canada, Mexico, the United Kingdom, China and the United Arab Emirates. By leveraging a combination of in-house tooling, strategic sourcing and focused research and development, the company delivers both standard and custom solutions that meet stringent quality and performance requirements.

Founded on the heritage of Mueller Copper Tube Company, which dates back to 1917, Mueller Industries was incorporated in 1971 and has grown through a series of strategic acquisitions and investments in manufacturing capabilities. Over the decades, the company has expanded its product offerings and geographic reach, adapting to evolving industry standards and customer needs. Mueller’s emphasis on operational efficiency and supply chain integration has supported steady revenue growth and fostered long-term relationships with distributors, contractors and original equipment manufacturers (OEMs).

Headquartered in Memphis, Tennessee, Mueller Industries is led by President and Chief Executive Officer David N. Moore, a member of the founding family who has guided the company’s strategic direction since 2007. Under his leadership, Mueller has prioritized innovation, sustainability and customer service, investing in advanced production technologies and quality systems. The company’s governance structure includes a board of directors with deep industry expertise, reinforcing its commitment to ethical practices, corporate responsibility and continuous improvement.

Key Stats

• Today's Range: $84.54 to $86.14
• 50-Day Range: $72.58 to $85.60
• 52-Week Range: $58.31 to $96.81
• Volume: 1.07 million shs
• Average Volume: 1.04 million shs
• Market Capitalization: $9.47 billion
• P/E Ratio: 15.59
• Dividend Yield: 1.17%
• Price Target: $105.00
• Consensus Rating: Buy

Mueller Industries Stock Analysis - MarketRank™

Mueller Industries scored higher than 76% of companies evaluated by MarketBeat, and ranked 65th out of 183 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

Mueller Industries has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Mueller Industries has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Mueller Industries is 15.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.14.

Price to Earnings Ratio vs. Sector

The P/E ratio of Mueller Industries is 15.59, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 24.44.

Price to Book Value per Share Ratio

Mueller Industries has a P/B Ratio of 3.47. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.67% of the float of Mueller Industries has been sold short.

Short Interest Ratio / Days to Cover

Mueller Industries has a short interest ratio ("days to cover") of 4.2.

Change versus previous month

Short interest in Mueller Industries has recently decreased by 5.73%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Mueller Industries pays a meaningful dividend of 1.18%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Mueller Industries has been increasing its dividend for 5 years.

Dividend Coverage

The dividend payout ratio of Mueller Industries is 18.21%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.67% of the float of Mueller Industries has been sold short.

Short Interest Ratio / Days to Cover

Mueller Industries has a short interest ratio ("days to cover") of 4.2.

Change versus previous month

Short interest in Mueller Industries has recently decreased by 5.73%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.9 / 5
• News Sentiment: 1.10

News Sentiment

Mueller Industries has a news sentiment score of 1.10. 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 0.54 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for Mueller Industries this week, compared to 8 articles on an average week.

Search Interest

5 people have searched for MLI on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.

MarketBeat Follows

4 people have added Mueller Industries to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Mueller Industries insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,198,600.00 in company stock.

Percentage Held by Insiders

Only 2.70% of the stock of Mueller Industries is held by insiders.

Percentage Held by Institutions

94.50% of the stock of Mueller Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MLI Stock Analysis - Frequently Asked Questions

How have MLI shares performed this year?

Mueller Industries' stock was trading at $79.36 at the beginning of the year. Since then, MLI shares have increased by 7.9% and is now trading at $85.60.

How were Mueller Industries' earnings last quarter?

Mueller Industries, Inc. (NYSE:MLI) posted its quarterly earnings results on Tuesday, April, 22nd. The industrial products company reported $1.39 EPS for the quarter, beating analysts' consensus estimates of $1.31 by $0.08. The industrial products company earned $1 billion during the quarter, compared to analyst estimates of $1 billion. Mueller Industries had a trailing twelve-month return on equity of 23.17% and a net margin of 15.92%.

When did Mueller Industries' stock split?

Shares of Mueller Industries split before market open on Friday, October 20th 2023.The 2-1 split was announced on Tuesday, September 26th 2023. The newly created shares were issued to shareholders after the closing bell on Thursday, October 19th 2023. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Does Mueller Industries have any subsidiaries?

Mueller Industries subsidiaries include Mueller Middle East, H&C Flex, Kessler Sales & Distribution, Shoals Tubular, ATCO Rubber Products, Die-Mold Tool Limited, HeatLink Group, and more.

Who are Mueller Industries' major shareholders?

Mueller Industries' top institutional investors include Anderson Hoagland & Co. (0.05%), Baker Ellis Asset Management LLC (0.04%), Exchange Traded Concepts LLC (0.03%) and Trust Point Inc. (0.01%). Insiders that own company stock include Gregory L Christopher, Jeffrey Andrew Martin, Steffen Sigloch, Terry Hermanson, John B Hansen, Scott Jay Goldman, Elizabeth M Donovan and Charles P Herzog Jr.
View institutional ownership trends.

How do I buy shares of Mueller Industries?

Shares of MLI 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.

What other stocks do shareholders of Mueller Industries own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Mueller Industries investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Netflix (NFLX), Tesla (TSLA) and Adobe (ADBE).

Company Calendar

• Last Earnings: 4/22/2025
• Record date for 6/20 Dividend: 6/06/2025
• Ex-Dividend for 6/20 Dividend: 6/06/2025
• Dividend Payable: 6/20/2025
• Today: 7/10/2025
• Next Earnings (Estimated): 7/22/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrials
• Industry: METAL PROC&FABR
• Sub-Industry: Industrial Machinery
• Current Symbol: NYSE:MLI
• CIK: 89439
• Web: www.muellerindustries.com
• Phone: (901) 753-3200
• Fax: 901-753-3251
• Employees: 5,168
• Year Founded: 1917

Price Target and Rating

• Average Price Target for Mueller Industries: $105.00
• High Price Target: $105.00
• Low Price Target: $105.00
• Potential Upside/Downside: +22.7%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): $5.49
• Trailing P/E Ratio: 15.59
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $604.88 million
• Net Margins: 15.92%
• Pretax Margin: 21.18%
• Return on Equity: 23.17%
• Return on Assets: 19.51%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 4.29
• Quick Ratio: 3.24

Sales & Book Value

• Annual Sales: $3.77 billion
• Price / Sales: 2.51
• Cash Flow: $5.95 per share
• Price / Cash Flow: 14.38
• Book Value: $24.66 per share
• Price / Book: 3.47

Miscellaneous

• Outstanding Shares: 110,650,000
• Free Float: 107,662,000
• Market Cap: $9.47 billion
• Optionable: Optionable
• Beta: 1.01