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NYSE:MLIMueller Industries Stock Price, Forecast & News

$26.72
+0.42 (+1.60 %)
(As of 06/2/2020 04:00 PM ET)
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Today's Range
$26.43
Now: $26.72
$27.00
50-Day Range
$22.19
MA: $25.02
$28.24
52-Week Range
$16.78
Now: $26.72
$34.11
Volume200,232 shs
Average Volume249,647 shs
Market Capitalization$1.52 billion
P/E Ratio12.78
Dividend Yield1.52%
Beta1.15
Mueller Industries, Inc. engages in the manufacture of copper, brass, aluminum, and plastic products. It operates through the following segments: Piping Systems, Industrial Metals, and Climate. The Piping Systems segment consists of domestic piping systems group, Canadian operations, European operations, trading group, Jiangsu Mueller-Xingrong Copper Industries Limited, and Jungwoo Metal Ind. Co., LTD. The Industrial Metals segment includes brass rod and copper bar products, impacts and micro gauge, and brass value-added products. The Climate segment offers refrigeration products, fabricated tube products, Westermeyer Industries, Inc., and Turbotec Products, Inc. The company was founded on October 3, 1990 and is headquartered in Memphis, TN.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.2Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.68 out of 5 stars


Industry, Sector and Symbol

Industry Rolling, drawing, & extruding of nonferrous metals
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
CUSIP62475610
Phone901-753-3200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.43 billion
Cash Flow$2.97 per share
Book Value$11.63 per share

Profitability

Net Income$100.97 million

Miscellaneous

Employees4,964
Market Cap$1.52 billion
Next Earnings Date7/28/2020 (Estimated)
OptionableOptionable

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Mueller Industries (NYSE:MLI) Frequently Asked Questions

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

Mueller Industries' stock was trading at $25.21 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MLI shares have increased by 6.0% and is now trading at $26.72. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Mueller Industries?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mueller Industries in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Mueller Industries.

When is Mueller Industries' next earnings date?

Mueller Industries is scheduled to release its next quarterly earnings announcement on Tuesday, July 28th 2020. View our earnings forecast for Mueller Industries.

How were Mueller Industries' earnings last quarter?

Mueller Industries, Inc. (NYSE:MLI) released its quarterly earnings results on Tuesday, April, 21st. The industrial products company reported $0.32 earnings per share for the quarter. The industrial products company earned $602.92 million during the quarter. Mueller Industries had a net margin of 4.86% and a return on equity of 16.99%. View Mueller Industries' earnings history.

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

Mueller Industries announced a quarterly dividend on Thursday, May 7th. Stockholders of record on Friday, June 5th will be given a dividend of $0.10 per share on Friday, June 19th. This represents a $0.40 dividend on an annualized basis and a yield of 1.50%. The ex-dividend date is Thursday, June 4th. View Mueller Industries' dividend history.

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

Mueller Industries shares split before market open on 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 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.

Has Mueller Industries been receiving favorable news coverage?

News coverage about MLI stock has been trending negative recently, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Mueller Industries earned a media sentiment score of -2.4 on InfoTrie's scale. They also gave news stories about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutMueller Industries.

Are investors shorting Mueller Industries?

Mueller Industries saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 787,300 shares, an increase of 26.0% from the April 30th total of 624,900 shares. Based on an average trading volume of 279,600 shares, the days-to-cover ratio is currently 2.8 days. Currently, 1.4% of the shares of the stock are sold short. View Mueller Industries' Current Options Chain.

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), Verizon Communications (VZ), Masco (MAS), Amplify Energy (AMPY), Amplify Energy (AMPY), Harley-Davidson (HOG), Ring Energy (REI), Ring Energy (REI), CEVA (CEVA) and Comcast (CMCSA).

Who are Mueller Industries' key executives?

Mueller Industries' management team includes the following people:
  • Gregory L. Christopher, Chairman & Chief Executive Officer
  • Jeffrey Andrew Martin, Treasurer, Chief Financial & Accounting Officer
  • Anthony Steinriede, Vice President & Controller
  • Christopher J. Miritello, Secretary, Vice President & General Counsel
  • Mark Millerchip, Executive Director-European Operations

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. (14.53%), Gamco Investors INC. ET AL (7.05%), Wells Fargo & Company MN (5.88%), Wellington Management Group LLP (5.30%), Gabelli Funds LLC (3.93%) and State Street Corp (3.22%). Company insiders that own Mueller Industries stock include Anthony Steinriede, Charles P Herzog Jr, Daniel R Corbin, Gary S Gladstein, Gary Westermeyer, Gennaro J Fulvio, Gregory L Christopher, John B Hansen, Kristee Michelle Ford, Paul J Flaherty, Scott Jay Goldman, Steffen Sigloch and Terry Hermanson. 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 BlackRock Inc., Wellington Management Group LLP, Mutual of America Capital Management LLC, Bridges Investment Management Inc., UBS Group AG, Thrivent Financial for Lutherans, Mackay Shields LLC, and Victory Capital Management Inc.. Company insiders that have sold Mueller Industries company stock in the last year include Gennaro J Fulvio, Gregory L Christopher, John B Hansen, Paul J Flaherty, and Steffen Sigloch. View insider buying and selling activity for Mueller Industries.

Which institutional investors are buying Mueller Industries stock?

MLI stock was purchased by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., Matarin Capital Management LLC, Hillsdale Investment Management Inc., State Street Corp, Wells Fargo & Company MN, Nuveen Asset Management LLC, Gamco Investors INC. ET AL, and JPMorgan Chase & Co.. Company insiders that have bought Mueller Industries stock in the last two years include Charles P Herzog Jr, Gary S Gladstein, Gary Westermeyer, Gregory L Christopher, Kristee Michelle Ford, Scott Jay Goldman, and Terry Hermanson. View insider buying and selling activity for Mueller Industries.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Mueller Industries' stock price today?

One share of MLI stock can currently be purchased for approximately $26.72.

How big of a company is Mueller Industries?

Mueller Industries has a market capitalization of $1.52 billion and generates $2.43 billion in revenue each year. The industrial products company earns $100.97 million in net income (profit) each year or $2.19 on an earnings per share basis. Mueller Industries employs 4,964 workers across the globe.

What is Mueller Industries' official website?

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

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.

This page was last updated on 6/3/2020 by MarketBeat.com Staff

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