NYSE:MLM Martin Marietta Materials (MLM) Stock Price, News & Analysis → Never use this word on your phone (FBI could be watching) (From Paradigm Press) (Ad) Free mlm Stock Alerts $591.03 +1.07 (+0.18%) (As of 05/3/2024 ET) Add Compare Share Share Today's Range$588.24▼$598.6650-Day Range$553.10▼$621.8952-Week Range$384.61▼$626.67Volume491,967 shsAverage Volume472,357 shsMarket Capitalization$36.43 billionP/E Ratio17.51Dividend Yield0.50%Price Target$598.17 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/Downside1.2% Upside$598.17 Price TargetShort InterestHealthy1.61% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-5.65Upright™ Environmental ScoreNews Sentiment0.62Based on 36 Articles This WeekInsider TradingSelling Shares$16.03 M Sold Last QuarterProj. Earnings Growth10.09%From $21.70 to $23.89 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.4.18 out of 5 starsConstruction Sector20th out of 100 stocksMining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry2nd out of 20 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 0.50%, 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 12.39% 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 0.62. 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 36 news articles for Martin Marietta Materials this week, compared to 9 articles on an average week.Search InterestOnly 7 people have searched for MLM on MarketBeat in the last 30 days. This is a decrease of -46% compared to the previous 30 days.MarketBeat Follows18 people have added Martin Marietta Materials to their MarketBeat watchlist in the last 30 days. This is an increase of 20% 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 0.61% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Martin Marietta Materials are expected to grow by 10.09% in the coming year, from $21.70 to $23.89 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Martin Marietta Materials is 17.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.73.Price to Earnings Ratio vs. SectorThe P/E ratio of Martin Marietta Materials is 17.51, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 22.70.Price to Earnings Growth RatioMartin Marietta Materials has a PEG Ratio of 2.80. 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 4.10. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. 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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 5, 2024 | Awesomely, LLC (Ad)Automatic Income (from home)For over 22 years, Wall Street elites have kept this little-known "income hack" from everyday investors… 6 simple clicks have set up HUGE payouts for "in-the-know" investors… Delivering them passive income 365 days a year. May 3, 2024 | finance.yahoo.comMartin Marietta (MLM) Reached an All-Time High in Q1May 2, 2024 | americanbankingnews.comMartin Marietta Materials (NYSE:MLM) Upgraded to Buy at StockNews.comMay 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 5, 2024 | Awesomely, LLC (Ad)Automatic Income (from home)For over 22 years, Wall Street elites have kept this little-known "income hack" from everyday investors… 6 simple clicks have set up HUGE payouts for "in-the-know" investors… Delivering them passive income 365 days a year. May 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 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 AnalystsSee 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 Earnings4/30/2024Today5/04/2024Next 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)$33.75 Trailing P/E Ratio17.51 Forward P/E Ratio27.24 P/E Growth2.8Net 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 Ratio2.50 Sales & Book Value Annual Sales$6.78 billion Price / Sales5.38 Cash Flow$27.76 per share Price / Cash Flow21.29 Book Value$144.01 per share Price / Book4.10Miscellaneous Outstanding Shares61,640,000Free Float61,264,000Market Cap$36.43 billion OptionableOptionable Beta0.95 Social Links The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.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 & InstitutionsDAVENPORT & Co LLCSold 65,484 shares on 5/4/2024Ownership: 0.582%9258 Wealth Management LLCSold 17 shares on 5/4/2024Ownership: 0.001%SPC Financial Inc.Bought 350 shares on 5/4/2024Ownership: 0.001%FDx Advisors Inc.Sold 56 shares on 5/3/2024Ownership: 0.001%Whittier Trust Co.Bought 82 shares on 5/3/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions MLM Stock Analysis - Frequently Asked Questions Should I buy or sell Martin Marietta Materials stock right now? 13 Wall Street research 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 research 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 1 year price targets for Martin Marietta Materials' stock. Their MLM share price targets range from $465.00 to $737.00. On average, they expect the company's share price to reach $598.17 in the next twelve months. This suggests a possible upside of 1.2% 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 the year. Since then, MLM stock has increased by 18.5% and is now trading at $591.03. 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) announced its quarterly earnings results on Tuesday, April, 30th. The construction company reported $1.93 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 analyst estimates of $1.31 billion. Martin Marietta Materials had a net margin of 31.35% and a trailing twelve-month return on equity of 14.74%. The company's revenue was down 7.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.16 EPS. 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. Investors of record on Monday, March 4th will be paid a dividend of $0.74 per share on Thursday, March 28th. This represents a $2.96 annualized dividend and a dividend yield of 0.50%. The ex-dividend date of this dividend 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 0.50%. 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 12.39% 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 issued an update on its FY 2024 earnings guidance on Tuesday, April, 30th. The company provided 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 institutional and retail investors. Top institutional shareholders 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%), DAVENPORT & Co LLC (0.58%) and Mirae Asset Global Investments Co. Ltd. (0.46%). 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 5/5/2024 by MarketBeat.com Staff From Our PartnersBiden to Launch “FedNOW” [Move Your Money Now]Priority GoldElon to Transform U.S. Economy? 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