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S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The Strategic Gold Play You Haven't Heard About (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The Strategic Gold Play You Haven't Heard About (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The Strategic Gold Play You Haven't Heard About (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The Strategic Gold Play You Haven't Heard About (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The Strategic Gold Play You Haven't Heard About (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The Strategic Gold Play You Haven't Heard About (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The Strategic Gold Play You Haven't Heard About (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The Strategic Gold Play You Haven't Heard About (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The Strategic Gold Play You Haven't Heard About (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
NYSE:MLI

Mueller Industries (MLI) Stock Forecast, Price & News

$72.62
-1.02 (-1.39%)
(As of 09/21/2023 ET)
Compare
Today's Range
$72.42
$73.47
50-Day Range
$72.27
$91.84
52-Week Range
$57.10
$91.93
Volume
366,250 shs
Average Volume
350,318 shs
Market Capitalization
$4.12 billion
P/E Ratio
6.38
Dividend Yield
1.65%
Price Target
N/A

Mueller Industries MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
8.98% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.83mentions of Mueller Industries in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$195,825 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.

1.65 out of 5 stars

Industrial Products Sector

159th out of 176 stocks

Rolling, Drawing, & Extruding Of Nonferrous Metals Industry

4th out of 7 stocks


MLI stock logo

About Mueller Industries (NYSE:MLI) Stock

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 Price History

MLI Stock News Headlines

Mueller Industries (NYSE:MLI) Stock Rating Lowered by StockNews.com
The "Plug and Play" Model Putting Online Giants to Shame
While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."
Mueller Industries (NYSE:MLI) Upgraded by StockNews.com to "Buy"
Mueller Industries Q2 Income Drops
The "Plug and Play" Model Putting Online Giants to Shame
While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."
Mueller Drops 6% On Lower Earnings, Revenue
MLI - Mueller Industries, Inc.
Mueller Industries (NYSE: MLI)
16 Biggest Plumbing Companies in the World
Mueller Industries: Not A Buy Despite Cheap Valuations
See More Headlines
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MLI Company Calendar

Last Earnings
7/25/2023
Ex-Dividend for 9/15 Dividend
8/31/2023
Dividend Payable
9/15/2023
Today
9/22/2023
Next Earnings (Estimated)
10/17/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Rolling, drawing, & extruding of nonferrous metals
Sub-Industry
Industrial Machinery
CUSIP
62475610
Employees
5,137
Year Founded
1917

Profitability

Net Income
$658.32 million
Pretax Margin
23.58%

Debt

Sales & Book Value

Annual Sales
$3.98 billion
Cash Flow
$12.08 per share
Book Value
$32.00 per share

Miscellaneous

Free Float
55,171,000
Market Cap
$4.12 billion
Optionable
Optionable
Beta
1.11

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Key Executives

  • Mr. Gregory L. ChristopherMr. Gregory L. Christopher (Age 61)
    Chairman & CEO
    Comp: $9.17M
  • Mr. Jeffrey A. Martin (Age 56)
    Exec. VP, CFO & Treasurer
    Comp: $2.1M
  • Mr. Christopher John Miritello (Age 40)
    Exec. VP, Gen. Counsel & Corp. Sec.
    Comp: $1.66M
  • Mr. Steffen Sigloch (Age 54)
    Chief Manufacturing Officer
    Comp: $1.86M
  • Ms. Kristee Michelle Ford
    Chief Information Officer
  • Mr. Brian K. Barksdale (Age 47)
    VP of Marketing
  • Mr. Daniel R. Corbin (Age 65)
    Sr. VP of Manufacturing
  • Mr. Gary Westermeyer (Age 58)
    Pres & GM of Westermeyer Industries
  • Mr. Nadiem Umar (Age 62)
    Pres of International Division
  • Mr. Christopher A. Mitchell (Age 49)
    Pres of Brass & Aluminum













MLI Stock - Frequently Asked Questions

How have MLI shares performed in 2023?

Mueller Industries' stock was trading at $59.00 on January 1st, 2023. Since then, MLI stock has increased by 23.1% and is now trading at $72.62.
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, October 17th 2023.
View our MLI earnings forecast
.

How were Mueller Industries' earnings last quarter?

Mueller Industries, Inc. (NYSE:MLI) issued its quarterly earnings results on Tuesday, July, 25th. The industrial products company reported $3.12 earnings per share for the quarter, topping analysts' consensus estimates of $2.40 by $0.72. The industrial products company had revenue of $897 million for the quarter, compared to the consensus estimate of $1.04 billion. Mueller Industries had a trailing twelve-month return on equity of 33.92% and a net margin of 17.46%. The company's revenue was down 22.0% compared to the same quarter last year.

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

Mueller Industries declared a quarterly dividend on Friday, July 28th. Stockholders of record on Friday, September 1st will be paid a dividend of $0.30 per share on Friday, September 15th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.65%. The ex-dividend date of this dividend is Thursday, August 31st.
Read our dividend analysis for MLI
.

Is Mueller Industries a good dividend stock?

Mueller Industries (NYSE:MLI) pays an annual dividend of $1.20 per share and currently has a dividend yield of 1.61%. 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 10.54%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for MLI.

When did Mueller Industries' stock split?

Mueller Industries shares split on Monday, March 31st 2014. The 2-1 split was announced on Friday, February 21st 2014. The newly issued shares were payable to shareholders after the market closes on Friday, March 28th 2014. 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).

What is Mueller Industries' stock symbol?

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

Who are Mueller Industries' major shareholders?

Mueller Industries' stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.63%), Allspring Global Investments Holdings LLC (4.46%), Dimensional Fund Advisors LP (3.64%), Gamco Investors INC. ET AL (3.60%), State Street Corp (3.56%) and Gabelli Funds LLC (2.45%). Insiders that own company stock include Anthony Steinriede, Gary S Gladstein, Gregory L Christopher, John B Hansen, Scott Jay Goldman and Steffen Sigloch.
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.

What is Mueller Industries' stock price today?

One share of MLI stock can currently be purchased for approximately $72.62.

How much money does Mueller Industries make?

Mueller Industries (NYSE:MLI) has a market capitalization of $4.12 billion and generates $3.98 billion in revenue each year. The industrial products company earns $658.32 million in net income (profit) each year or $11.39 on an earnings per share basis.

How many employees does Mueller Industries have?

The company employs 5,137 workers across the globe.

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.
Read More
How can I contact Mueller Industries?

Mueller Industries' mailing address is 150 Schilling Boulevard Suite 100, Collierville TN, 38017. The official website for the company is www.muellerindustries.com. The industrial products company can be reached via phone at (901) 753-3200, via email at investorrelations@muellerindustries.com, or via fax at 901-753-3251.

This page (NYSE:MLI) was last updated on 9/22/2023 by MarketBeat.com Staff

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