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Trading Experts Call It “The Perfect Tesla Trade” (Ad)
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Lacking counselors, US schools turn to the booming business of online therapy
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Lacking counselors, US schools turn to the booming business of online therapy
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Lacking counselors, US schools turn to the booming business of online therapy
Trading Experts Call It “The Perfect Tesla Trade” (Ad)

Mueller Industries Stock Price, News & Analysis (NYSE:MLI)

$42.23
+0.70 (+1.69%)
(As of 12/1/2023 ET)
Compare
Today's Range
$41.23
▼
$42.34
50-Day Range
$35.09
▼
$70.97
52-Week Range
$29.08
▼
$45.97
Volume
536,511 shs
Average Volume
515,723 shs
Market Capitalization
$4.79 billion
P/E Ratio
7.69
Dividend Yield
1.42%
Price Target
N/A
Stock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media

Mueller Industries MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
8.73% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$435,063 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.46 out of 5 stars

Industrial Products Sector

159th out of 171 stocks

Rolling, Drawing, & Extruding Of Nonferrous Metals Industry

5th out of 5 stocks

See Top Rated MarketRank™ Stocks Here

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; PEX plumbing and radiant systems; and plumbing-related fittings and plastic injection tooling. 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

November 29, 2023 | americanbankingnews.com
Mueller Industries (NYSE:MLI) Stock Price Crosses Above 200 Day Moving Average of $39.83
November 23, 2023 | morningstar.com
Mueller Industries Inc MLI
December 3, 2023 | DTI Trader (Ad)
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November 18, 2023 | ca.investing.com
Mueller Industries stock jumps on undervaluation indications
November 18, 2023 | finance.yahoo.com
Is Now An Opportune Moment To Examine Mueller Industries, Inc. (NYSE:MLI)?
November 3, 2023 | msn.com
Mueller cut quarterly dividend by -50% to $0.15/share
November 1, 2023 | finance.yahoo.com
Mueller Industries' (NYSE:MLI) five-year earnings growth trails the 25% YoY shareholder returns
October 27, 2023 | businesswire.com
MUELLER INDUSTRIES, INC.
December 3, 2023 | Wealthpress (Ad)
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October 26, 2023 | finance.yahoo.com
Mueller Industries Inc (MLI) Reports Q3 2023 Earnings
October 24, 2023 | msn.com
Mueller GAAP EPS of $1.17, revenue of $819.8M
October 24, 2023 | markets.businessinsider.com
Mueller Industries Announces Fall In Q3 Bottom Line
October 24, 2023 | businesswire.com
Mueller Industries, Inc. Reports Third Quarter 2023 Earnings
October 23, 2023 | finance.yahoo.com
Is Mueller Industries (MLI) Modestly Overvalued? A Comprehensive Analysis of Its Market Value
September 28, 2023 | msn.com
Mueller Industries: Unmasking Value
September 26, 2023 | markets.businessinsider.com
Mueller Industries Declares Two-for-one Stock Split
September 26, 2023 | finance.yahoo.com
Mueller Industries, Inc. Announces Two-for-One Stock Split
September 18, 2023 | finance.yahoo.com
Why The 37% Return On Capital At Mueller Industries (NYSE:MLI) Should Have Your Attention
July 31, 2023 | finance.yahoo.com
Mueller Industries, Inc. Announces Special Meeting to Approve Increase in Authorized Common Stock
July 25, 2023 | seekingalpha.com
Mueller Industries: Sound Company, But Not A Fan At These Levels
July 25, 2023 | markets.businessinsider.com
Mueller Industries Q2 Income Drops
July 25, 2023 | markets.businessinsider.com
Mueller Drops 6% On Lower Earnings, Revenue
July 25, 2023 | finance.yahoo.com
Mueller Industries, Inc. Reports Second Quarter 2023 Earnings
June 28, 2023 | finance.yahoo.com
MLI - Mueller Industries, Inc.
June 25, 2023 | omaha.com
Civitas and Mueller can boast high profit and low debt
June 6, 2023 | finance.yahoo.com
Should You Investigate Mueller Industries, Inc. (NYSE:MLI) At US$78.63?
June 3, 2023 | fool.com
Mueller Industries (NYSE: MLI)
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Company Calendar

Ex-Dividend for 9/15 Dividend
8/31/2023
Dividend Payable
9/15/2023
Last Earnings
10/24/2023
Ex-Dividend for 12/15 Dividend
11/30/2023
Today
12/03/2023
Dividend Payable
12/15/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/06/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Rolling, drawing, & extruding of nonferrous metals
Sub-Industry
Industrial Machinery
Sector
Industrial Products
Current Symbol
NYSE:MLI
CUSIP
62475610
CIK
89439
Web
www.muellerindustries.com
Phone
(901) 753-3200
Fax
901-753-3251
Employees
5,137
Year Founded
1917

Profitability

EPS (Most Recent Fiscal Year)
$5.4950
Trailing P/E Ratio
7.69
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$658.32 million
Net Margins
17.46%
Pretax Margin
23.93%
Return on Equity
30.39%
Return on Assets
25.00%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
6.01
Quick Ratio
4.79

Sales & Book Value

Annual Sales
$3.98 billion
Price / Sales
1.20
Cash Flow
$6.19 per share
Price / Cash Flow
6.82
Book Value
$19.83 per share
Price / Book
2.13

Miscellaneous

Outstanding Shares
113,530,000
Free Float
110,350,000
Market Cap
$4.79 billion
Optionable
Optionable
Beta
1.05

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Key Executives

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
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MLI Stock Analysis - Frequently Asked Questions

How have MLI shares performed in 2023?

Mueller Industries' stock was trading at $29.50 at the start of the year. Since then, MLI shares have increased by 43.2% and is now trading at $42.23.
View the best growth stocks for 2023 here.

When is Mueller Industries' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 6th 2024.
View our MLI earnings forecast.

How were Mueller Industries' earnings last quarter?

Mueller Industries, Inc. (NYSE:MLI) posted its quarterly earnings results on Tuesday, October, 24th. The industrial products company reported $1.17 EPS for the quarter, topping the consensus estimate of $1.02 by $0.15. The industrial products company had revenue of $819.70 million for the quarter, compared to the consensus estimate of $661 million. Mueller Industries had a net margin of 17.46% and a trailing twelve-month return on equity of 30.39%. The firm's revenue was down 13.2% on a year-over-year basis.

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

Mueller Industries announced a quarterly dividend on Friday, November 3rd. Shareholders of record on Friday, December 1st will be paid a dividend of $0.15 per share on Friday, December 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.42%. The ex-dividend date of this dividend is Thursday, November 30th.
Read our dividend analysis for MLI.

Is Mueller Industries a good dividend stock?

Mueller Industries (NYSE:MLI) pays an annual dividend of $0.60 per share and currently has a dividend yield of 1.42%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 10.92%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for MLI.

What ETFs hold Mueller Industries' stock?

ETFs with the largest weight of Mueller Industries (NYSE:MLI) stock in their portfolio include Subversive Food Security ETF (KCAL), The Acquirers Fund (ZIG), Invesco S&P SmallCap Industrials ETF (PSCI), Cambria Value and Momentum ETF (VAMO), Invesco Water Resources ETF (PHO), Invesco S&P SmallCap Quality ETF (XSHQ), First Trust Water ETF (FIW) and Freedom Day Dividend ETF (MBOX).

When did Mueller Industries' stock split?

Mueller Industries shares split before market open on Friday, October 20th 2023. The 2-1 split was announced on Tuesday, September 26th 2023. The newly minted shares were distributed to shareholders after the closing bell 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.

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 Crown (CCK), Masco (MAS), Verizon Communications (VZ), Harley-Davidson (HOG), International Paper (IP), WestRock (WRK), AMETEK (AME), Commercial Metals (CMC), Eastman Chemical (EMN) and EOG Resources (EOG).

Who are Mueller Industries' major shareholders?

Mueller Industries' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (2.33%), Gamco Investors INC. ET AL (1.76%), Gabelli Funds LLC (1.12%), Gates Capital Management Inc. (1.05%), Fuller & Thaler Asset Management Inc. (1.02%) and American Century Companies Inc. (0.83%). Insiders that own company stock include Anthony Steinriede, Gary S Gladstein, Gregory L Christopher, John B Hansen and Scott Jay Goldman.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

Does Mueller Industries have any subsidiaries?
The following companies are subsidiares of Mueller Industries: ATCO Rubber Products, ATCO Rubber Products Inc., Aegis Oil and Gas Leasing Ltd., Amwest Exploration Company, Arava Exploration Company, Arava Natural Resources Company Inc., B & K Industries Inc., B&K Industries, B&K LLC, Bayard Mining Corp., Canco Oil & Gas Ltd., Carpentertown Coal & Coke Company, Changzhou Mueller Refrigerant Valve Manufacturing Co. Ltd., Climate Components LLC, DENO Holding Company Inc., DENO Investment Company II Inc., DENO Investment Company Inc., Die-Mold Tool Limited, Extruded Metals, Extruded Metals Inc., Great Lakes Copper Ltd., H&C Flex, Halstead Industries, HeatLink Group, Heatlink Group Inc., Heatlink Group USA LLC, Howell Metal Company, Itawamba Industrial Gas Company Inc., Jungwoo Metal Ind. Co. LTD, Jungwoo Metal Ind. Co. Ltd., Kessler Sales & Distribution, Kessler Sales & Distribution LLC, King Coal Company, Leon Water Enterprises Inc., Lincoln Brass Works, Lincoln Brass Works Inc., Linesets, Linesets Inc., MA Industrial Secured Lending LLC, MII Financial Corporation, Macomber Building and Land Corporation, Macomber Construction Company, Macomber Incorporated, Micro Gauge, Micro Gauge Inc., Microgauge Machining Inc., Mining Remedial Recovery Company, Mueller Advanced Connections LLC, Mueller Brass Co., Mueller Brass Forging Company Inc., Mueller Brass Holding Company Inc., Mueller Canada Holding Co. Ltd., Mueller Casting Company Inc., Mueller Comercial de Mexico S. de R.L. de C.V., Mueller Copper Tube Company Inc., Mueller Copper Tube Products Inc., Mueller East Inc., Mueller Europe Investment Company Ltd., Mueller Europe Limited, Mueller Fittings Company Inc., Mueller Fittings LLC, Mueller Formed Tube Company Inc., Mueller Impacts Company Inc., Mueller Industrial Realty Co., Mueller Industries Trading (Shanghai) Co. Ltd., Mueller LBHC Inc., Mueller Middle East, Mueller Middle East B.S.C., Mueller Packaging LLC, Mueller Plastics Corporation Inc., Mueller Plastics Holding Company Inc., Mueller Press Company Inc., Mueller Refrigeration Holding Company Inc., Mueller Refrigeration LLC, Mueller Refrigeration Products Company Inc., Mueller Southeast Inc., Mueller Streamline, Mueller Streamline China LLC, Mueller Streamline Co., Mueller Streamline Holding S.L.U., Mueller Streamline II LLC, Mueller Streamline Trading LLC, Mueller Tool and Machine Inc., Mueller de Mexico S.A. de C.V., Muellux Holding Company I SARL, Muellux Holding Company II SARL, NICNA Mexico Servicios S. de R.L. de C.V., Overstreet Hughes, Overstreet-Hughes Co. Inc., PexCor, Precision Tube Company LLC, Propipe Technologies, Propipe Technologies Inc., Sherwood Valve LLC, Sherwood Valve Products Inc., Shoals Tubular, Southland Pipe Nipples Company Inc., Summit Systems Inc., Tecumseh Products Co., Tecumseh Products Holdings LLC, The Mosack Group LLC, Tube Forming, Turbotec Products, Turbotec Products Inc., U.S.S. Lead Refinery Inc., USSRAM Exploration Company, United States Fuel Company, Vemco Brasscapri, WTC HoldCo I LLC, WTC HoldCo II LLC, WTC Holding Company, Washington Mining Company, Westermeyer Industries, Westermeyer Industries Inc., and White Knob Mining Company.
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This page (NYSE:MLI) was last updated on 12/3/2023 by MarketBeat.com Staff

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