Martin Marietta Materials (MLM) Expected to Announce Earnings on Tuesday

Martin Marietta Materials (NYSE:MLM - Get Free Report) is projected to post its Q1 2025 quarterly earnings results before the market opens on Tuesday, April 29th. Analysts expect Martin Marietta Materials to post earnings of $1.85 per share and revenue of $1.36 billion for the quarter. Martin Marietta Materials has set its FY 2025 guidance at EPS.

Martin Marietta Materials (NYSE:MLM - Get Free Report) last released its earnings results on Wednesday, February 12th. The construction company reported $4.79 earnings per share for the quarter, beating analysts' consensus estimates of $4.62 by $0.17. Martin Marietta Materials had a return on equity of 12.11% and a net margin of 30.54%. On average, analysts expect Martin Marietta Materials to post $20 EPS for the current fiscal year and $22 EPS for the next fiscal year.

Martin Marietta Materials Trading Down 0.8 %

Shares of NYSE MLM traded down $4.25 during midday trading on Friday, reaching $505.00. The company had a trading volume of 327,918 shares, compared to its average volume of 486,969. Martin Marietta Materials has a one year low of $441.95 and a one year high of $633.23. The company has a quick ratio of 1.40, a current ratio of 2.50 and a debt-to-equity ratio of 0.56. The firm's fifty day moving average price is $483.45 and its 200-day moving average price is $531.55. The stock has a market cap of $30.60 billion, a PE ratio of 15.62, a price-to-earnings-growth ratio of 4.45 and a beta of 0.81.

Martin Marietta Materials Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 3rd were paid a $0.79 dividend. This represents a $3.16 dividend on an annualized basis and a dividend yield of 0.63%. The ex-dividend date was Monday, March 3rd. Martin Marietta Materials's dividend payout ratio (DPR) is presently 9.77%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on MLM shares. Stephens lowered their target price on Martin Marietta Materials from $675.00 to $650.00 and set an "overweight" rating for the company in a research note on Thursday, February 13th. Seaport Res Ptn raised Martin Marietta Materials to a "strong-buy" rating in a research report on Friday, March 21st. Stifel Nicolaus assumed coverage on Martin Marietta Materials in a research report on Tuesday, March 4th. They set a "buy" rating and a $559.00 price target for the company. UBS Group lowered Martin Marietta Materials from a "buy" rating to a "neutral" rating and set a $491.00 price target for the company. in a research report on Monday, April 7th. Finally, Wolfe Research raised Martin Marietta Materials from a "peer perform" rating to an "outperform" rating and set a $563.00 price target for the company in a research report on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $599.62.

Insider Buying and Selling

In related news, SVP Michael J. Petro purchased 550 shares of the business's 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 purchase, the senior vice president now directly owns 8,985 shares of the company's stock, valued at approximately $4,082,514.45. This represents a 6.52 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 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 completion of the sale, the executive vice president now owns 3,523 shares in the company, valued at $1,673,425. The trade was a 27.44 % decrease in their position. The disclosure for this sale can be found here. 0.68% of the stock is currently owned by company insiders.

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.