Zacks Research Issues Positive Forecast for MLM Earnings

Key Points

• Zacks Research has raised its Q1 2026 earnings per share estimate for Martin Marietta Materials from $1.96 to $2.11, predicting further growth into FY2027 with an EPS of $24.43.
• The company reported $5.43 earnings per share for the last quarter, slightly missing analyst expectations of $5.44, and had a revenue of $1.81 billion.
• Martin Marietta Materials recently increased its quarterly dividend from $0.79 to $0.83 per share, with a dividend yield of 0.5%.

Martin Marietta Materials, Inc. (NYSE:MLM - Free Report) - Analysts at Zacks Research lifted their Q1 2026 earnings per share (EPS) estimates for Martin Marietta Materials in a research report issued on Thursday, August 28th. Zacks Research analyst Team now anticipates that the construction company will post earnings of $2.11 per share for the quarter, up from their previous estimate of $1.96. 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' Q2 2027 earnings at $6.86 EPS and FY2027 earnings at $24.43 EPS.

Martin Marietta Materials (NYSE:MLM - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The construction company reported $5.43 EPS for the quarter, missing the consensus estimate of $5.44 by ($0.01). The company had revenue of $1.81 billion during the quarter, compared to analysts' expectations of $1.88 billion. Martin Marietta Materials had a return on equity of 11.88% and a net margin of 16.47%.The firm's quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.76 EPS. Martin Marietta Materials has set its FY 2025 guidance at EPS.

Other analysts have also issued reports about the stock. Morgan Stanley increased their target price on shares of Martin Marietta Materials from $576.00 to $605.00 and gave the stock an "overweight" rating in a report on Monday, July 28th. Stifel Nicolaus increased their target price on shares of Martin Marietta Materials from $609.00 to $637.00 and gave the stock a "buy" rating in a report on Tuesday, August 12th. Stephens reiterated an "overweight" rating and set a $700.00 target price on shares of Martin Marietta Materials in a report on Monday, August 4th. Wall Street Zen upgraded shares of Martin Marietta Materials from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. Finally, Royal Bank Of Canada reiterated a "sector perform" rating and set a $525.00 price target (up previously from $515.00) on shares of Martin Marietta Materials in a research report on Friday, August 8th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $622.63.

Martin Marietta Materials Trading Up 0.5%

Shares of MLM traded up $2.95 during trading hours on Monday, hitting $614.15. The company had a trading volume of 140,788 shares, compared to its average volume of 475,092. The firm has a market cap of $37.04 billion, a P/E ratio of 34.03, a P/E/G ratio of 5.58 and a beta of 0.94. The stock's 50 day moving average price is $584.60 and its 200 day moving average price is $537.45. The company has a quick ratio of 1.21, a current ratio of 2.35 and a debt-to-equity ratio of 0.56. Martin Marietta Materials has a 52-week low of $441.95 and a 52-week high of $633.23.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of MLM. Twin Peaks Wealth Advisors LLC purchased a new position in Martin Marietta Materials during the 2nd quarter valued at about $28,000. Wayfinding Financial LLC purchased a new stake in Martin Marietta Materials during the 1st quarter valued at about $29,000. Chilton Capital Management LLC purchased a new stake in Martin Marietta Materials during the 1st quarter valued at about $30,000. Zions Bancorporation National Association UT purchased a new stake in Martin Marietta Materials during the 1st quarter valued at about $30,000. Finally, NewSquare Capital LLC grew its position in Martin Marietta Materials by 62.2% during the 2nd quarter. NewSquare Capital LLC now owns 60 shares of the construction company's stock valued at $33,000 after purchasing an additional 23 shares during the last quarter. 95.04% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Martin Marietta Materials

In related news, Director Laree E. Perez sold 1,038 shares of Martin Marietta Materials stock in a transaction dated Friday, August 8th. The shares were sold at an average price of $613.32, for a total transaction of $636,626.16. Following the completion of the transaction, the director directly owned 15,417 shares of the company's stock, valued at $9,455,554.44. This trade represents a 6.31% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.69% of the stock is currently owned by company insiders.

Martin Marietta Materials Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Tuesday, September 2nd will be given a dividend of $0.83 per share. This is an increase from Martin Marietta Materials's previous quarterly dividend of $0.79. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $3.32 dividend on an annualized basis and a yield of 0.5%. Martin Marietta Materials's dividend payout ratio is 18.41%.

Martin Marietta Materials Company Profile

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.