NYSE:MLI - Mueller Industries Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$33.45 +0.94 (+2.89 %)
(As of 08/21/2018 03:43 PM ET)
Previous Close$32.76
Today's Range$32.76 - $33.56
52-Week Range$25.26 - $37.57
Volume8,795 shs
Average Volume260,636 shs
Market Capitalization$1.83 billion
P/E Ratio22.16
Dividend Yield1.26%
Beta1.44
Mueller Industries logoMueller Industries, Inc. manufactures and sells copper, brass, aluminum, and plastic products in the United States, the United Kingdom, Canada, Asia, and Mexico. Its Piping Systems segment manufactures copper tubes and fittings, plastic fittings, line sets, and related components for water distribution system, heating system, air-conditioning, and refrigeration applications, as well as drainage, waste, and vent systems. It also manufactures steel pipe nipples; and resells imported brass and plastic plumbing valves, malleable iron fittings, faucets, and plumbing specialty products. This segment sells its products primarily to plumbing, refrigeration, and air-conditioning wholesalers; and hardware wholesalers and co-ops, building product retailers, and air-conditioning original equipment manufacturers (OEMs) through its sales offices and distribution centers, and agents. The company's Industrial Metals segment manufactures and sells brass, bronze, and copper alloy rods; cold-formed aluminum and copper products for automotive, military ordnance, aerospace, and general manufacturing industries; brass and aluminum forgings for automotive components, brass fittings, industrial machinery, valve bodies, gear blanks, and computer hardware; and brass, aluminum, and stainless steel valves, as well as fluid control systems and gas train assembles for compressed gas, pharmaceutical, construction, and gas appliance markets. Its Climate segment offers valves, protection devices, and brass fittings, as well as tubular assemblies and fabrications for various OEMs in the commercial heating, ventilation, and air-conditioning (HVAC) and refrigeration markets; components and accessories for the air-conditioning and refrigeration markets; and coaxial heat exchangers and twisted tubes for HVAC, geothermal, refrigeration, swimming pool heat pump, marine, ice machine, commercial boiler, and heat reclamation markets. The company was founded in 1900 and is headquartered in Memphis, Tennessee.

Receive MLI News and Ratings via Email

Sign-up to receive the latest news and ratings for MLI and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NYSE
Industry Rolling, drawing, & extruding of nonferrous metals
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
SymbolNYSE:MLI
CUSIP62475610
Phone901-753-3200

Debt

Debt-to-Equity Ratio0.98
Current Ratio3.43
Quick Ratio2.35

Price-To-Earnings

Trailing P/E Ratio22.16
Forward P/E Ratio18.38
P/E GrowthN/A

Sales & Book Value

Annual Sales$2.27 billion
Price / Sales0.85
Cash Flow$2.1848 per share
Price / Cash15.31
Book Value$9.27 per share
Price / Book3.61

Profitability

EPS (Most Recent Fiscal Year)$1.49
Net Income$85.59 million
Net Margins3.59%
Return on Equity16.10%
Return on Assets6.53%

Miscellaneous

Employees4,125
Outstanding Shares57,590,000
Market Cap$1.83 billion

Mueller Industries (NYSE:MLI) Frequently Asked Questions

What is Mueller Industries' stock symbol?

Mueller Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "MLI."

How often does Mueller Industries pay dividends? What is the dividend yield for Mueller Industries?

Mueller Industries declared a quarterly dividend on Monday, August 6th. Investors of record on Friday, September 7th will be given a dividend of $0.10 per share on Friday, September 21st. This represents a $0.40 annualized dividend and a yield of 1.19%. The ex-dividend date of this dividend is Thursday, September 6th. View Mueller Industries' Dividend History.

When did Mueller Industries' stock split? How did Mueller Industries' stock split work?

Mueller Industries shares split on Monday, March 31st 2014. The 2-1 split was announced on Friday, February 21st 2014. The newly created shares were distributed to shareholders after the closing bell on Friday, March 28th 2014. An investor that had 100 shares of Mueller Industries stock prior to the split would have 200 shares after the split.

How were Mueller Industries' earnings last quarter?

Mueller Industries, Inc. (NYSE:MLI) issued its quarterly earnings results on Tuesday, July, 24th. The industrial products company reported $0.58 EPS for the quarter, beating analysts' consensus estimates of $0.54 by $0.04. The industrial products company earned $662.77 million during the quarter, compared to the consensus estimate of $663.41 million. Mueller Industries had a net margin of 3.59% and a return on equity of 16.10%. View Mueller Industries' Earnings History.

When is Mueller Industries' next earnings date?

Mueller Industries is scheduled to release their next quarterly earnings announcement on Tuesday, October, 23rd 2018. View Earnings Estimates for Mueller Industries.

What is the consensus analysts' recommendation for Mueller Industries?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mueller Industries in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Mueller Industries.

Who are some of Mueller Industries' key competitors?

Who are Mueller Industries' key executives?

Mueller Industries' management team includes the folowing people:
  • Mr. Gregory L. Christopher, Chairman & Chief Exec. Officer (Age 56)
  • Mr. Jeffrey A. Martin, CFO & Treasurer (Age 51)
  • Mr. Steffen Sigloch, Chief Manufacturing Officer (Age 49)
  • Mr. Nicholas William Moss, Pres of B&K Llc (Age 61)
  • Mr. Mark Millerchip, Exec. Director of European Operations (Age 51)

Has Mueller Industries been receiving favorable news coverage?

News headlines about MLI stock have been trending somewhat positive this week, according to Accern Sentiment. The research group identifies positive and negative news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Mueller Industries earned a daily sentiment score of 0.15 on Accern's scale. They also assigned news articles about the industrial products company an impact score of 41.07 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next few days. View Recent Headlines for Mueller Industries.

Who are Mueller Industries' major shareholders?

Mueller Industries' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.55%), Gamco Investors INC. ET AL (7.56%), FMR LLC (5.40%), Wells Fargo & Company MN (4.97%), Gabelli Funds LLC (3.93%) and Dimensional Fund Advisors LP (3.52%). Company insiders that own Mueller Industries stock include Anthony Steinriede, Charles P Herzog Jr, Daniel R Corbin, Gary S Gladstein, Gary Westermeyer, Gregory L Christopher, Jeffrey Andrew Martin, John B Hansen, Richard W Corman and Scott Jay Goldman. View Institutional Ownership Trends for Mueller Industries.

Which institutional investors are selling Mueller Industries stock?

MLI stock was sold by a variety of institutional investors in the last quarter, including United Services Automobile Association, FMR LLC, Bank of America Corp DE, Municipal Employees Retirement System of Michigan, Citadel Advisors LLC, BNP Paribas Arbitrage SA, Bank of Montreal Can and Zebra Capital Management LLC. Company insiders that have sold Mueller Industries company stock in the last year include Anthony Steinriede, Daniel R Corbin, Jeffrey Andrew Martin and John B Hansen. View Insider Buying and Selling for Mueller Industries.

Which institutional investors are buying Mueller Industries stock?

MLI stock was purchased by a variety of institutional investors in the last quarter, including Gamco Investors INC. ET AL, BlackRock Inc., Wells Fargo & Company MN, Gabelli Funds LLC, Schwab Charles Investment Management Inc., Commonwealth Equity Services LLC, First Trust Advisors LP and Mutual of America Capital Management LLC. Company insiders that have bought Mueller Industries stock in the last two years include Charles P Herzog Jr, Gary S Gladstein, Gary Westermeyer and Scott Jay Goldman. View Insider Buying and Selling for Mueller Industries.

How do I buy shares of Mueller Industries?

Shares of MLI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Mueller Industries' stock price today?

One share of MLI stock can currently be purchased for approximately $33.51.

How big of a company is Mueller Industries?

Mueller Industries has a market capitalization of $1.83 billion and generates $2.27 billion in revenue each year. The industrial products company earns $85.59 million in net income (profit) each year or $1.49 on an earnings per share basis. Mueller Industries employs 4,125 workers across the globe.

How can I contact Mueller Industries?

Mueller Industries' mailing address is 8285 TOURNAMENT DRIVE, MEMPHIS TN, 38125. The industrial products company can be reached via phone at 901-753-3200.


MarketBeat Community Rating for Mueller Industries (NYSE MLI)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  100 (Vote Outperform)
Underperform Votes:  120 (Vote Underperform)
Total Votes:  220
MarketBeat's community ratings are surveys of what our community members think about Mueller Industries and other stocks. Vote "Outperform" if you believe MLI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MLI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/21/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel