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NYSE:MLI

Mueller Industries Stock Forecast, Price & News

$46.24
+1.86 (+4.19 %)
(As of 05/13/2021 12:00 AM ET)
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Today's Range
$44.55
$46.61
50-Day Range
$40.13
$47.80
52-Week Range
$20.91
$48.06
Volume266,185 shs
Average Volume264,595 shs
Market Capitalization$2.64 billion
P/E Ratio19.85
Dividend Yield1.17%
Beta1.16
30 days | 90 days | 365 days | Advanced Chart
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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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Industry, Sector and Symbol

Industry Rolling, drawing, & extruding of nonferrous metals
Sub-IndustryIndustrial Machinery
CUSIP62475610
Phone901-753-3200
Employees5,007
Year FoundedN/A

Sales & Book Value

Annual Sales$2.43 billion
Cash Flow$3.51 per share
Book Value$11.63 per share

Profitability

Net Income$100.97 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap$2.64 billion
Next Earnings Date7/20/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

2.25 out of 5 stars

Industrial Products Sector

18th out of 398 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: 3.1 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 analysts have issued "buy," "hold," and "sell" ratings for Mueller Industries in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street 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 during the month of April. As of April 15th, there was short interest totaling 810,900 shares, an increase of 25.9% from the March 31st total of 644,000 shares. Based on an average daily volume of 271,200 shares, the short-interest ratio is presently 3.0 days. Approximately 1.5% of the shares of the company are short sold.
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) announced its quarterly earnings data on Tuesday, April, 20th. The industrial products company reported $1.11 EPS for the quarter. The industrial products company had revenue of $818.15 million for the quarter. Mueller Industries had a trailing twelve-month return on equity of 17.01% and a net margin of 5.79%.
View Mueller Industries' earnings history
.

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

Mueller Industries' stock was trading at $25.21 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MLI stock has increased by 83.4% and is now trading at $46.24.
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. Stockholders of record on Friday, June 4th will be given a dividend of $0.13 per share on Friday, June 18th. This represents a $0.52 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date of this dividend 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 1.17%. Mueller Industries does not yet have a strock track record of dividend growth. The dividend payout ratio of Mueller Industries is 23.74%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Mueller Industries will have a dividend payout ratio of 20.97% 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?

Mueller Industries shares 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 closing bell 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 analysts have issued 1 year target prices for Mueller Industries' shares. Their forecasts range from $55.00 to $55.00. On average, they expect Mueller Industries' share price to reach $55.00 in the next twelve months. This suggests a possible upside of 18.9% 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)
  • Mr. Jeffrey A. Martin, CFO & Treasurer (Age 54, Pay $1.51M)
  • Mr. Christopher John Miritello, VP, Gen. Counsel & Corp. Sec. (Age 38, Pay $1.18M)
  • 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 a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (15.92%), Victory Capital Management Inc. (3.11%), Geode Capital Management LLC (1.75%), Franklin Resources Inc. (1.64%), Royce & Associates LP (1.64%) and Palisade Capital Management LLC NJ (1.53%). 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, Scott Jay Goldman and Steffen Sigloch.
View institutional ownership trends for Mueller Industries
.

Which major investors are selling Mueller Industries stock?

MLI stock was sold by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., Alliancebernstein L.P., Teacher Retirement System of Texas, Northern Trust Corp, Los Angeles Capital Management LLC, Bank of Montreal Can, Victory Capital Management Inc., and Citigroup Inc.. 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 major investors are buying Mueller Industries stock?

MLI stock was bought 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., Geode Capital Management LLC, Systematic Financial Management LP, Renaissance Technologies LLC, and Franklin Resources Inc.. Company insiders that have bought Mueller Industries stock in the last two years include Kristee Michelle Ford, and Scott Jay Goldman.
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 $46.24.

How much money does Mueller Industries make?

Mueller Industries has a market capitalization of $2.64 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.

How many employees does Mueller Industries have?

Mueller Industries employs 5,007 workers across the globe.

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.


This page was last updated on 5/13/2021 by MarketBeat.com Staff
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