NYSE:MLI

Mueller Industries Stock Forecast, Price & News

$46.78
+0.35 (+0.75 %)
(As of 06/11/2021 12:00 AM ET)
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Today's Range
$46.33
$46.81
50-Day Range
$42.86
$47.80
52-Week Range
$23.49
$48.06
Volume152,815 shs
Average Volume256,026 shs
Market Capitalization$2.67 billion
P/E Ratio15.54
Dividend Yield1.12%
Beta1.18
30 days | 90 days | 365 days | Advanced Chart
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Mueller Industries logo

About Mueller Industries

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. The company's 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 company's Industrial Metals segment manufactures brass, bronze, and copper alloy rods; copper bar and alloy shapes; plumbing brass, valves, and fittings; 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. Its Climate segment offers valves, protection devices, brass fittings, and tubular assemblies and fabrications 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; insulated HVAC flexible duct systems; and brazed manifolds, headers, and distributor assemblies. The company was founded in 1917 and is headquartered in Collierville, Tennessee.

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MarketRank

Overall MarketRank

2.13 out of 5 stars

Industrial Products Sector

29th out of 407 stocks

Rolling, Drawing, & Extruding Of Nonferrous Metals Industry

1st out of 10 stocks

Analyst Opinion: 2.5Community Rank: 2.3Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
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Mueller Industries (NYSE:MLI) Frequently Asked Questions

Is Mueller Industries a buy right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Mueller Industries in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Mueller Industries stock.
View analyst ratings for Mueller Industries
or view top-rated stocks.

What stocks does MarketBeat like better than Mueller Industries?

Wall Street analysts have given Mueller Industries a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Mueller Industries wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Mueller Industries?

Mueller Industries saw a increase in short interest in the month of May. As of May 28th, there was short interest totaling 872,300 shares, an increase of 31.3% from the May 13th total of 664,500 shares. Based on an average daily volume of 241,600 shares, the short-interest ratio is presently 3.6 days. Approximately 1.6% of the shares of the stock are sold short.
View Mueller Industries' Short Interest
.

When is Mueller Industries' next earnings date?

Mueller Industries is scheduled to release its next quarterly earnings announcement on Tuesday, July 20th 2021.
View our earnings forecast for Mueller Industries
.

How were Mueller Industries' earnings last quarter?

Mueller Industries, Inc. (NYSE:MLI) released its earnings results on Tuesday, April, 20th. The industrial products company reported $1.11 earnings per share for the quarter. The industrial products company had revenue of $818.15 million for the quarter. Mueller Industries had a net margin of 6.51% and a trailing twelve-month return on equity of 23.86%.
View Mueller Industries' earnings history
.

How has Mueller Industries' stock price been impacted by COVID-19 (Coronavirus)?

Mueller Industries' stock was trading at $25.21 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MLI stock has increased by 85.6% and is now trading at $46.78.
View which stocks have been most impacted by COVID-19
.

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

Mueller Industries declared a quarterly dividend on Friday, May 7th. Shareholders of record on Friday, June 4th will be paid a dividend of $0.13 per share on Friday, June 18th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date is Thursday, June 3rd.
View Mueller Industries' dividend history
.

Is Mueller Industries a good dividend stock?

Mueller Industries pays an annual dividend of $0.52 per share and currently has a dividend yield of 1.12%. Mueller Industries does not yet have a strong track record of dividend growth. The dividend payout ratio of Mueller Industries is 21.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Mueller Industries will have a dividend payout ratio of 11.30% next year. This indicates that Mueller Industries will be able to sustain or increase its dividend.
View Mueller Industries' dividend history.

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

Shares of Mueller Industries 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 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.

What price target have analysts set for MLI?

1 equities research analysts have issued 1 year target prices for Mueller Industries' stock. Their forecasts range from $55.00 to $55.00. On average, they anticipate Mueller Industries' stock price to reach $55.00 in the next twelve months. This suggests a possible upside of 17.6% from the stock's current price.
View analysts' price targets for Mueller Industries
or view top-rated stocks among Wall Street analysts.

Who are Mueller Industries' key executives?

Mueller Industries' management team includes the following people:
  • Mr. Gregory L. Christopher, Chairman & CEO (Age 59, Pay $5.01M) (LinkedIn Profile)
  • Mr. Jeffrey A. Martin, CFO & Treasurer (Age 54, Pay $1.51M) (LinkedIn Profile)
  • Mr. Christopher John Miritello, VP, Gen. Counsel & Corp. Sec. (Age 38, Pay $1.18M) (LinkedIn Profile)
  • Mr. Steffen Sigloch, Chief Manufacturing Officer (Age 52, Pay $987.76k)
  • Mr. Gary Westermeyer, Pres of Refrigeration (Age 56, Pay $548.49k)
  • Ms. Kristee Michelle Ford, Chief Information Officer
  • Mr. Brian K. Barksdale, VP of Marketing (Age 45)
  • Mr. Nicholas William Moss, Pres of New Bus. Devel. (Age 64)
  • Mr. Daniel R. Corbin, Sr. VP of Manufacturing (Age 63)
  • Mr. Nadiem Umar, Pres of International Division (Age 60)

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

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

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 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 institutional and retail investors. Top institutional investors include BlackRock Inc. (15.92%), Gamco Investors INC. ET AL (5.61%), Gabelli Funds LLC (3.70%), Dimensional Fund Advisors LP (3.62%), Victory Capital Management Inc. (3.11%) and Geode Capital Management LLC (1.75%). Company insiders that own Mueller Industries stock include Anthony Steinriede, Gennaro J Fulvio, Gregory L Christopher, John B Hansen, Kristee Michelle Ford, Paul J Flaherty and Steffen Sigloch.
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 Gates Capital Management Inc., Gamco Investors INC. ET AL, Dalton Greiner Hartman Maher & Co., Goldman Sachs Group Inc., Alliancebernstein L.P., Man Group plc, Nuveen Asset Management LLC, and Gabelli Funds LLC. Company insiders that have sold Mueller Industries company stock in the last year include Anthony Steinriede, Gregory L Christopher, John B Hansen, and Steffen Sigloch.
View insider buying and selling activity for Mueller Industries
or view top insider-selling stocks.

Which institutional investors are buying Mueller Industries stock?

MLI stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Prudential Financial Inc., Royce & Associates LP, Mirae Asset Global Investments Co. Ltd., HRT Financial LP, Geode Capital Management LLC, Systematic Financial Management LP, and Renaissance Technologies LLC.
View insider buying and selling activity for Mueller Industries
or or view top insider-buying stocks.

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 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 $46.78.

How much money does Mueller Industries make?

Mueller Industries has a market capitalization of $2.67 billion and generates $2.40 billion in revenue each year. The industrial products company earns $139.49 million in net income (profit) each year or $2.46 on an earnings per share basis.

How many employees does Mueller Industries have?

Mueller Industries employs 5,007 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., Halstead Industries, HeatLink Group, Heatlink Group Inc., Heatlink Group USA LLC, Howell Metal Company, Itawamba Industrial Gas Company Inc., Jungwoo Metal Ind. Co. Ltd., King Coal Company, Leon Water Enterprises Inc., Lincoln Brass Works, Lincoln Brass Works Inc., Linesets, Linesets Inc., MA Industrial Secured Lending LLC, MCTC LLC, MCTP LLC, MII Financial Corporation, MPC Foundry Inc., MPC Machine Shop Inc., Macomber Building and Land Corporation, Macomber Construction Company, Macomber Incorporated, Micro Gauge, Micro Gauge Inc., Microgauge Machining Inc., Mining Remedial Recovery Company, 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 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 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 Proyectos S. de R.L. de C.V., NICNA Mexico Servicios S. de R.L. de C.V., Overstreet Hughes, Overstreet-Hughes Co. Inc., PexCor, Pexcor Manufacturing Co. Inc., Precision Tube Company LLC, Propipe Technologies, Propipe Technologies Inc., Sherwood Valve, Sherwood Valve Products Inc., Southland Pipe Nipples Company Inc., Streamline Copper & Brass Ltd., Summit Systems Inc., Tecumseh Products Co., Tecumseh Products Holdings 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.

When was Mueller Industries founded?

Mueller Industries was founded in 1917.

What is Mueller Industries' official website?

The official website for Mueller Industries is www.muellerindustries.com.

Where are Mueller Industries' headquarters?

Mueller Industries is headquartered at 150 Schilling Boulevard Suite 100, Collierville TN, 38017.

How can I contact Mueller Industries?

Mueller Industries' mailing address is 150 Schilling Boulevard Suite 100, Collierville TN, 38017. The industrial products company can be reached via phone at 901-753-3200 or via email at [email protected]


This page was last updated on 6/13/2021 by MarketBeat.com Staff
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