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

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$33.86 +0.24 (+0.71 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$33.62
Today's Range$33.62 - $34.11
52-Week Range$21.49 - $34.11
Volume209,685 shs
Average Volume209,025 shs
Market Capitalization$1.95 billion
P/E Ratio18.20
Dividend Yield1.19%
Beta1.32
Mueller 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.

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Industry, Sector and Symbol

Industry Rolling, drawing, & extruding of nonferrous metals
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
CUSIP62475610
Phone901-753-3200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.51 billion
Cash Flow$2.5671 per share
Book Value$9.77 per share

Profitability

Net Income$104.45 million

Miscellaneous

Employees4,125
Market Cap$1.95 billion
Next Earnings Date4/23/2019 (Estimated)
OptionableOptionable

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 Friday, November 9th. Stockholders of record on Friday, December 7th will be given a dividend of $0.10 per share on Friday, December 21st. This represents a $0.40 annualized dividend and a dividend yield of 1.18%. The ex-dividend date of this dividend is Thursday, December 6th. View Mueller Industries' Dividend History.

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

Mueller Industries's stock split before market open 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 market closes 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) posted its quarterly earnings results on Tuesday, February, 5th. The industrial products company reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.25. The industrial products company earned $559.09 million during the quarter. Mueller Industries had a net margin of 4.17% and a return on equity of 18.83%. The business's revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.10 EPS. 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, April 23rd 2019. 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.

Has Mueller Industries been receiving favorable news coverage?

News articles about MLI stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Mueller Industries earned a media sentiment score of 1.7 on InfoTrie's scale. They also gave media headlines about the industrial products company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the next few days.

Who are some of Mueller Industries' key competitors?

What other stocks do shareholders of Mueller Industries own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Mueller Industries investors own include Verizon Communications (VZ), Crown (CCK), Masco (MAS), Brookfield Infrastructure Partners (BIP), CNX Resources (CNX), CEVA (CEVA), Lindsay (LNN), Century Aluminum (CENX), Jagged Peak Energy (JAG) and Xylem (XYL).

Who are Mueller Industries' key executives?

Mueller Industries' management team includes the folowing people:
  • Mr. Gregory L. Christopher, Chairman & Chief Exec. Officer (Age 57)
  • Mr. Jeffrey A. Martin, CFO & Treasurer (Age 52)
  • Mr. Steffen Sigloch, Chief Manufacturing Officer (Age 50)
  • Mr. Nicholas William Moss, Pres of B&K Llc (Age 62)
  • Mr. Mark Millerchip, Exec. Director of European Operations (Age 52)

Who are Mueller Industries' major shareholders?

Mueller Industries' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.38%), Gamco Investors INC. ET AL (7.43%), Gabelli Funds LLC (3.97%), Dimensional Fund Advisors LP (3.61%), Victory Capital Management Inc. (2.75%) and Royce & Associates LP (1.67%). 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, Scott Jay Goldman and Terry Hermanson. 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 Fisher Asset Management LLC, Royce & Associates LP, Dalton Greiner Hartman Maher & Co., Carmignac Gestion, First Trust Advisors LP, Barclays PLC, Gamco Investors INC. ET AL and Millennium Management LLC. Company insiders that have sold Mueller Industries company stock in the last year include Anthony Steinriede, Daniel R Corbin and John B Hansen. View Insider Buying and Selling for Mueller Industries.

Which institutional investors are buying Mueller Industries stock?

MLI stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., AltraVue Capital LLC, Prudential Financial Inc., BlackRock Inc., D. E. Shaw & Co. Inc., Assenagon Asset Management S.A., Thrivent Financial for Lutherans and Bank of America Corp DE. Company insiders that have bought Mueller Industries stock in the last two years include Charles P Herzog Jr, Gary S Gladstein, Gary Westermeyer, Gregory L Christopher, Scott Jay Goldman and Terry Hermanson. 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 $33.86.

How big of a company is Mueller Industries?

Mueller Industries has a market capitalization of $1.95 billion and generates $2.51 billion in revenue each year. The industrial products company earns $104.45 million in net income (profit) each year or $1.86 on an earnings per share basis. Mueller Industries employs 4,125 workers across the globe.

What is Mueller Industries' official website?

The official website for Mueller Industries is http://www.muellerindustries.com.

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:  2.2 out of 5 (star star)
Outperform Votes:  113 (Vote Outperform)
Underperform Votes:  148 (Vote Underperform)
Total Votes:  261
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 2/23/2019 by MarketBeat.com Staff

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