Mueller Industries (MLI) Set to Release Earnings on Tuesday

Key Points

• Mueller Industries is expected to report Q3 2026 results before Tuesday’s market open. Analysts project earnings of $1.08 per share on $1.28 billion in revenue, with an earnings call scheduled for 11:30 a.m. ET.
• The company’s previous quarter exceeded expectations, with adjusted earnings of $1.13 per share and revenue of $1.43 billion; revenue increased 25.5% year over year.
• MLI carries a consensus “Buy” rating and a $75 average price target, while the company pays a $0.175 quarterly dividend yielding about 1.2%. Insiders sold approximately $18.9 million of stock during the latest quarter.

Mueller Industries (NYSE:MLI - Get Free Report) is projected to release its Q3 2026 results before the market opens on Tuesday, October 27th. Analysts expect Mueller Industries to post earnings of $1.08 per share and revenue of $1.28 billion for the quarter. Interested persons may visit the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Tuesday, October 27, 2026 at 11:30 AM ET.

Mueller Industries (NYSE:MLI - Get Free Report) last announced its earnings results on Tuesday, July 21st. The industrial products company reported $1.13 earnings per share for the quarter, topping analysts' consensus estimates of $1.09 by $0.04. The business had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.27 billion. Mueller Industries had a net margin of 18.25% and a return on equity of 25.68%. Mueller Industries's quarterly revenue was up 25.5% on a year-over-year basis. During the same quarter last year, the firm earned $1.96 earnings per share.

Mueller Industries Stock Up 1.1%

MLI stock opened at $60.76 on Tuesday. The firm has a market cap of $13.44 billion, a price-to-earnings ratio of 15.82 and a beta of 1.08. Mueller Industries has a 12-month low of $49.51 and a 12-month high of $71.12. The company's fifty day simple moving average is $62.19 and its 200 day simple moving average is $63.57.

Mueller Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Friday, September 4th were issued a dividend of $0.1750 per share. This represents a $0.70 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Friday, September 4th. Mueller Industries's dividend payout ratio (DPR) is presently 18.23%.

Analyst Upgrades and Downgrades

MLI has been the subject of several research analyst reports. Wall Street Zen lowered Mueller Industries from a "strong-buy" rating to a "buy" rating in a research report on Saturday, July 25th. Northcoast Research raised Mueller Industries from a "neutral" rating to a "buy" rating and set a $75.00 price objective on the stock in a research note on Thursday, July 16th. Finally, Weiss Ratings restated a "buy (b)" rating on shares of Mueller Industries in a research report on Thursday. Two research analysts have rated the stock with a Buy rating. According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of $75.00.

Insider Activity at Mueller Industries

In other Mueller Industries news, CEO Gregory L. Christopher sold 200,000 shares of the firm's stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $68.44, for a total value of $13,688,000.00. Following the completion of the sale, the chief executive officer directly owned 1,598,850 shares in the company, valued at approximately $109,425,294. This trade represents a 11.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director John B. Hansen sold 2,444 shares of Mueller Industries stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $67.72, for a total transaction of $165,507.68. Following the completion of the sale, the director directly owned 181,328 shares of the company's stock, valued at approximately $12,279,532.16. This trade represents a 1.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 275,444 shares of company stock worth $18,885,398 in the last quarter. Company insiders own 2.30% of the company's stock.

About Mueller Industries

Mueller Industries, Inc is a manufacturer of metal and plastic products used in plumbing, heating, ventilation, air conditioning, refrigeration, fire protection, water distribution, and industrial applications. Its product portfolio includes copper, brass, aluminum, and steel tubing; fittings; valves; copper and plastic piping systems; and related components.

The company sells products primarily through wholesale distributors, original equipment manufacturers, building-supply outlets, and other industrial channels.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.