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NYSE:MLI

Mueller Industries (MLI) Stock Price, News & Analysis

$70.12
+1.92 (+2.82%)
(As of 07/26/2024 ET)
Today's Range
$68.74
$70.50
50-Day Range
$54.15
$70.12
52-Week Range
$34.96
$70.58
Volume
831,461 shs
Average Volume
681,879 shs
Market Capitalization
$7.97 billion
P/E Ratio
14.05
Dividend Yield
1.14%
Price Target
N/A

Mueller Industries MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
4.36% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.28mentions of Mueller Industries in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$3.28 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.92 out of 5 stars

Industrial Products Sector

142nd out of 172 stocks

Rolling, Drawing, & Extruding Of Nonferrous Metals Industry

4th out of 6 stocks

MLI stock logo

About Mueller Industries Stock (NYSE:MLI)

Mueller Industries, Inc. manufactures and sells copper, brass, aluminum, and plastic products in the United States, the United Kingdom, Canada, South Korea, the Middle East, China, and Mexico. It operates through three segments: Piping Systems, Industrial Metals, and Climate. The Piping Systems segment offers copper tubes, fittings, line sets, and pipe nipples. It also resells steel pipes, brass and plastic plumbing valves, malleable iron fittings and faucets, and plumbing specialties; and supplies water tubes. This segment sells its products to wholesalers in the plumbing and refrigeration markets, distributors to the manufactured housing and recreational vehicle industries, building material retailers, and air-conditioning original equipment manufacturers (OEMs). The Industrial Metals segment manufactures brass, bronze, and copper alloy rods; plumbing brass, valves, fittings, and gas assemblies; cold-form aluminum and copper products; machining of aluminum, steel, brass, and cast iron impacts and castings; brass and aluminum forgings; brass, aluminum, and stainless-steel valves; fluid control solutions; and gas train assembles to OEMs in the industrial, construction, HVAC, plumbing, and refrigeration markets. The Climate segment offers valves, protection devices, and brass fittings for various OEMs in the commercial HVAC and refrigeration markets; high-pressure components and accessories for the air-conditioning and refrigeration markets; coaxial heat exchangers and twisted tubes for the HVAC, geothermal, refrigeration, swimming pool heat pump, marine, ice machine, commercial boiler, and heat reclamation markets; and insulated HVAC flexible duct systems. Mueller Industries, Inc. was founded in 1917 and is headquartered in Collierville, Tennessee.

MLI Stock Price History

MLI Stock News Headlines

Mueller Industries: Q2 Earnings Snapshot
625,000% Gain
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Mueller Industries Recent Insider Activity
See More Headlines
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Company Calendar

Ex-Dividend for 6/21 Dividend
6/07/2024
Dividend Payable
6/21/2024
Last Earnings
7/23/2024
Today
7/26/2024
Next Earnings (Estimated)
10/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Rolling, drawing, & extruding of nonferrous metals
Sub-Industry
Industrial Machinery
CUSIP
62475610
Employees
4,509
Year Founded
1917

Profitability

Net Income
$602.90 million
Pretax Margin
23.28%

Debt

Sales & Book Value

Annual Sales
$3.42 billion
Cash Flow
$6.07 per share
Book Value
$22.65 per share

Miscellaneous

Free Float
110,416,000
Market Cap
$7.97 billion
Optionable
Optionable
Beta
1.06

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MLI Stock Analysis - Frequently Asked Questions

How have MLI shares performed this year?

Mueller Industries' stock was trading at $47.15 at the beginning of the year. Since then, MLI shares have increased by 48.7% and is now trading at $70.12.
View the best growth stocks for 2024 here
.

How were Mueller Industries' earnings last quarter?

Mueller Industries, Inc. (NYSE:MLI) announced its earnings results on Tuesday, July, 23rd. The industrial products company reported $1.41 EPS for the quarter, beating the consensus estimate of $1.29 by $0.12. The industrial products company earned $997.75 million during the quarter. Mueller Industries had a net margin of 16.19% and a trailing twelve-month return on equity of 22.86%.

When did Mueller Industries' stock split?

Mueller Industries's stock split on Friday, October 20th 2023. The 2-1 split was announced on Tuesday, September 26th 2023. The newly created shares were distributed to shareholders after the market closes on Thursday, October 19th 2023. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

What is Gregory L. (Greg) Christopher's approval rating as Mueller Industries' CEO?

23 employees have rated Mueller Industries Chief Executive Officer Gregory L. (Greg) Christopher on Glassdoor.com. Gregory L. (Greg) Christopher has an approval rating of 40% among the company's employees. This puts Gregory L. (Greg) Christopher in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Does Mueller Industries have any subsidiaries?

Mueller Industries subsidiaries include Mueller Middle East, H&C Flex, Kessler Sales & Distribution, Shoals Tubular, ATCO Rubber Products, Die-Mold Tool Limited, HeatLink Group, and others.

Who are Mueller Industries' major shareholders?

Top institutional investors of Mueller Industries include Allspring Global Investments Holdings LLC (3.42%), Bank of New York Mellon Corp (1.04%), Wedge Capital Management L L P NC (0.20%) and New York State Teachers Retirement System (0.16%). Insiders that own company stock include Jeffrey Andrew Martin, Steffen Sigloch, Gregory L Christopher, John B Hansen, Scott Jay Goldman, Elizabeth M Donovan and Gary S Gladstein.
View institutional ownership trends
.

How do I buy shares of Mueller Industries?

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

What other stocks do shareholders of Mueller Industries own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Mueller Industries investors own include Crown (CCK), Masco (MAS), Verizon Communications (VZ), Harley-Davidson (HOG), International Paper (IP), WestRock (WRK) and AMETEK (AME).

This page (NYSE:MLI) was last updated on 7/26/2024 by MarketBeat.com Staff

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