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S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Is AMC Entertainment Pulling a Fast One on the APEs?
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
Here is a Simple 4 Stock Portfolio that Can Outperform the Market
Boredom, loneliness plague Ukrainian youth near front line
High oil prices help Saudi Aramco earn $88B in first half
Sick of seeing others get rich in the stock market? Let Stock Advisor help (Ad)
Ship carrying grain for hungry Ethiopia leaves Ukraine
Here’s How the Inflation Reduction Act Energizes Power Stock
Average US gasoline price falls 45 cents to $4.10 per gallon
This Could Be THE Watershed Moment of Our Financial Lives (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Is AMC Entertainment Pulling a Fast One on the APEs?
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
Here is a Simple 4 Stock Portfolio that Can Outperform the Market
Boredom, loneliness plague Ukrainian youth near front line
High oil prices help Saudi Aramco earn $88B in first half
Sick of seeing others get rich in the stock market? Let Stock Advisor help (Ad)
Ship carrying grain for hungry Ethiopia leaves Ukraine
Here’s How the Inflation Reduction Act Energizes Power Stock
Average US gasoline price falls 45 cents to $4.10 per gallon
This Could Be THE Watershed Moment of Our Financial Lives (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Is AMC Entertainment Pulling a Fast One on the APEs?
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
Here is a Simple 4 Stock Portfolio that Can Outperform the Market
Boredom, loneliness plague Ukrainian youth near front line
High oil prices help Saudi Aramco earn $88B in first half
Sick of seeing others get rich in the stock market? Let Stock Advisor help (Ad)
Ship carrying grain for hungry Ethiopia leaves Ukraine
Here’s How the Inflation Reduction Act Energizes Power Stock
Average US gasoline price falls 45 cents to $4.10 per gallon
This Could Be THE Watershed Moment of Our Financial Lives (Ad)pixel
NYSE:MLI

Mueller Industries - MLI Stock Forecast, Price & News

$68.42
+0.03 (+0.04%)
(As of 08/12/2022 09:15 PM ET)
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Compare
Today's Range
$66.18
$68.66
50-Day Range
$50.55
$68.42
52-Week Range
$40.15
$69.06
Volume
275,500 shs
Average Volume
330,949 shs
Market Capitalization
$3.88 billion
P/E Ratio
5.87
Dividend Yield
1.46%
Price Target
N/A

Mueller Industries MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
4.96% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.32mentions of Mueller Industries in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$64,270 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.

1.79 out of 5 stars

Industrial Products Sector

151st out of 191 stocks

Rolling, Drawing, & Extruding Of Nonferrous Metals Industry

7th 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, 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. 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; insulated HVAC flexible duct systems; and brazed manifolds, headers, and distributor assemblies. The company was founded in 1917 and is headquartered in Collierville, Tennessee.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on MLI shares. StockNews.com cut shares of Mueller Industries from a "strong-buy" rating to a "buy" rating in a report on Friday, July 15th. Northcoast Research started coverage on shares of Mueller Industries in a report on Monday, July 18th. They issued a "buy" rating for the company.

Mueller Industries Stock Up 0.0 %

Mueller Industries stock traded up $0.03 during trading hours on Friday, hitting $68.42. The stock had a trading volume of 275,562 shares, compared to its average volume of 395,007. The stock has a market capitalization of $3.88 billion, a P/E ratio of 5.87 and a beta of 1.13. Mueller Industries has a 12-month low of $40.15 and a 12-month high of $69.06. The stock's 50-day moving average price is $58.18 and its 200-day moving average price is $56.38.

Mueller Industries (NYSE:MLI - Get Rating) last released its quarterly earnings data on Tuesday, July 19th. The industrial products company reported $3.65 earnings per share for the quarter. Mueller Industries had a net margin of 16.14% and a return on equity of 46.35%. The firm had revenue of $1.15 billion during the quarter.

Mueller Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 16th. Stockholders of record on Friday, September 2nd will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, September 8th. This represents a $1.00 annualized dividend and a dividend yield of 1.46%. Mueller Industries's payout ratio is 8.58%.

Insider Activity

In other news, Director John B. Hansen sold 1,000 shares of the business's stock in a transaction that occurred on Tuesday, July 26th. The shares were sold at an average price of $64.27, for a total transaction of $64,270.00. Following the completion of the transaction, the director now directly owns 59,885 shares of the company's stock, valued at $3,848,808.95. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.90% of the stock is owned by corporate insiders.

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MLI Stock News Headlines

Mueller Industries: Boring Stock That Makes Money
Is Mueller Industries (NYSE:MLI) A Risky Investment?
Mueller Industries Q2 Income Advances
Mueller Industries: Going Strong For Over A Century
Mueller Industries Is Shiny Like Sunlit Copper
Mueller Industries Q1 Net Income Rises
See More Headlines
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MLI Company Calendar

Ex-Dividend for 6/17 Dividend
6/02/2022
Dividend Payable
6/17/2022
Last Earnings
7/19/2022
Today
8/14/2022
Ex-Dividend for 9/16 Dividend
9/08/2022
Dividend Payable
9/16/2022
Next Earnings (Estimated)
10/18/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Rolling, drawing, & extruding of nonferrous metals
Sub-Industry
Industrial Machinery
CUSIP
62475610
Employees
5,337
Year Founded
1917

Profitability

Net Income
$468.52 million
Pretax Margin
21.61%

Debt

Sales & Book Value

Annual Sales
$3.77 billion
Cash Flow
$8.21 per share
Book Value
$21.91 per share

Miscellaneous

Free Float
55,040,000
Market Cap
$3.88 billion
Optionable
Optionable
Beta
1.13

Social Links


Key Executives














MLI Stock - Frequently Asked Questions

Should I buy or sell Mueller Industries stock right now?

1 Wall Street 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 research analysts is that investors should "buy" MLI shares.
View MLI analyst ratings
or view top-rated stocks.

How have MLI shares performed in 2022?

Mueller Industries' stock was trading at $59.36 on January 1st, 2022. Since then, MLI shares have increased by 15.3% and is now trading at $68.42.
View the best growth stocks for 2022 here
.

When is Mueller Industries' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 18th 2022.
View our MLI earnings forecast
.

How were Mueller Industries' earnings last quarter?

Mueller Industries, Inc. (NYSE:MLI) announced its quarterly earnings results on Tuesday, July, 19th. The industrial products company reported $3.65 EPS for the quarter. The industrial products company earned $1.15 billion during the quarter. Mueller Industries had a net margin of 16.14% and a trailing twelve-month return on equity of 46.35%.

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

Mueller Industries announced a quarterly dividend on Friday, July 29th. Stockholders of record on Friday, September 2nd will be given a dividend of $0.25 per share on Friday, September 16th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date of this dividend is Thursday, September 8th.
Read our dividend analysis for MLI
.

Is Mueller Industries a good dividend stock?

Mueller Industries (NYSE:MLI) pays an annual dividend of $1.00 per share and currently has a dividend yield of 1.46%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 8.58%. 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 the morning of Monday, March 31st 2014. The 2-1 split was announced on Friday, February 21st 2014. The newly minted shares were issued to shareholders after the closing bell 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 Allspring Global Investments Holdings LLC (7.23%), Gamco Investors INC. ET AL (5.37%), Victory Capital Management Inc. (2.43%), FMR LLC (1.33%), Royce & Associates LP (1.26%) and Northern Trust Corp (1.06%). Insiders that own company stock include Anthony Steinriede, Gary S Gladstein, Gennaro J Fulvio, 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 $68.42.

How much money does Mueller Industries make?

Mueller Industries (NYSE:MLI) has a market capitalization of $3.88 billion and generates $3.77 billion in revenue each year. The industrial products company earns $468.52 million in net income (profit) each year or $11.65 on an earnings per share basis.

How many employees does Mueller Industries have?

The company employs 5,337 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

When was Mueller Industries founded?

Mueller Industries was founded in 1917.

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 8/15/2022 by MarketBeat.com Staff

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