Zacks Research Has Positive Forecast for MLM FY2025 Earnings

Martin Marietta Materials, Inc. (NYSE:MLM - Free Report) - Zacks Research lifted their FY2025 earnings per share estimates for shares of Martin Marietta Materials in a research report issued on Wednesday, May 21st. Zacks Research analyst R. Department now forecasts that the construction company will earn $19.09 per share for the year, up from their prior estimate of $18.53. 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' Q4 2025 earnings at $5.03 EPS, Q1 2026 earnings at $1.96 EPS and Q2 2026 earnings at $6.25 EPS.

Martin Marietta Materials (NYSE:MLM - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The construction company reported $1.90 EPS for the quarter, beating analysts' consensus estimates of $1.88 by $0.02. The firm had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.36 billion. Martin Marietta Materials had a net margin of 30.54% and a return on equity of 12.11%. The company's revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.93 earnings per share.

Other analysts have also recently issued reports about the stock. JPMorgan Chase & Co. cut shares of Martin Marietta Materials from an "overweight" rating to a "neutral" rating and decreased their price target for the company from $640.00 to $560.00 in a research note on Wednesday, March 19th. Truist Financial dropped their price target on Martin Marietta Materials from $670.00 to $610.00 and set a "buy" rating on the stock in a research report on Thursday, February 13th. Barclays reduced their target price on shares of Martin Marietta Materials from $645.00 to $600.00 and set an "overweight" rating for the company in a research note on Thursday, February 13th. Raymond James lowered their price objective on shares of Martin Marietta Materials from $600.00 to $597.00 and set an "outperform" rating on the stock in a report on Tuesday, April 29th. Finally, Loop Capital reduced their price target on Martin Marietta Materials from $645.00 to $615.00 and set a "buy" rating for the company in a research report on Tuesday, April 1st. Three equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Martin Marietta Materials has an average rating of "Moderate Buy" and a consensus price target of $610.69.

Martin Marietta Materials Price Performance

Shares of MLM stock traded down $16.48 during trading hours on Friday, hitting $551.01. 231,791 shares of the company's stock were exchanged, compared to its average volume of 485,679. Martin Marietta Materials has a 52 week low of $441.95 and a 52 week high of $633.23. The stock's 50-day moving average is $511.47 and its 200-day moving average is $526.53. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.50 and a quick ratio of 1.40. The stock has a market cap of $33.22 billion, a price-to-earnings ratio of 17.05, a price-to-earnings-growth ratio of 4.45 and a beta of 0.89.

Martin Marietta Materials Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 2nd will be paid a $0.79 dividend. This represents a $3.16 annualized dividend and a dividend yield of 0.57%. The ex-dividend date of this dividend is Monday, June 2nd. Martin Marietta Materials's dividend payout ratio (DPR) is currently 18.20%.

Insider Transactions at Martin Marietta Materials

In other news, SVP Michael J. Petro purchased 550 shares of the company's stock in a transaction dated Tuesday, March 4th. The stock was bought at an average cost of $454.37 per share, for a total transaction of $249,903.50. Following the purchase, the senior vice president now owns 8,985 shares of the company's stock, valued at approximately $4,082,514.45. The trade was a 6.52% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Donald A. Mccunniff sold 1,332 shares of Martin Marietta Materials stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $475.00, for a total transaction of $632,700.00. Following the sale, the executive vice president now owns 3,523 shares in the company, valued at approximately $1,673,425. This represents a 27.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.69% of the stock is currently owned by insiders.

Institutional Trading of Martin Marietta Materials

Several institutional investors have recently modified their holdings of MLM. Sunbeam Capital Management LLC acquired a new position in shares of Martin Marietta Materials in the 4th quarter worth approximately $235,000. Waverly Advisors LLC boosted its holdings in Martin Marietta Materials by 78.9% during the 4th quarter. Waverly Advisors LLC now owns 1,041 shares of the construction company's stock valued at $538,000 after acquiring an additional 459 shares during the period. Fifth Third Bancorp grew its holdings in shares of Martin Marietta Materials by 24.6% in the fourth quarter. Fifth Third Bancorp now owns 7,005 shares of the construction company's stock worth $3,618,000 after purchasing an additional 1,382 shares during the last quarter. Steward Partners Investment Advisory LLC increased its position in shares of Martin Marietta Materials by 64.6% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 2,028 shares of the construction company's stock valued at $1,047,000 after acquiring an additional 796 shares during the period. Finally, Clarendon Private LLC bought a new position in Martin Marietta Materials during the 4th quarter valued at approximately $383,000. Institutional investors own 95.04% of the company's stock.

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.