NYSE:MLIMueller Industries Stock Price, Forecast & News

Mueller Industries' stock was trading at $25.21 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MLI stock has increased by 3.1% and is now trading at $25.98. View which stocks have been most impacted by Coronavirus.

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.

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

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

Mueller Industries declared 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 annualized dividend and a yield of 1.54%. The ex-dividend date of this dividend is Thursday, June 4th. View Mueller Industries' dividend history.

Shares of Mueller Industries split on the morning of Monday, March 31st 2014. The 2-1 split was announced on Friday, February 21st 2014. The newly issued shares were issued 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.

News stories about MLI stock have trended somewhat negative on Saturday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Mueller Industries earned a media sentiment score of -1.8 on InfoTrie's scale. They also gave media headlines 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 near term. View the latest news about Mueller Industries.

Mueller Industries saw a drop in short interest in June. As of June 15th, there was short interest totaling 702,900 shares, a drop of 16.2% from the May 31st total of 838,700 shares. Based on an average daily volume of 307,300 shares, the days-to-cover ratio is currently 2.3 days. Currently, 1.3% of the shares of the company are short sold. View Mueller Industries' Current Options Chain.

Some companies that are related to Mueller Industries include Illinois Tool Works (ITW), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), IDEX (IEX), Xylem (XYL), Ingersoll-Rand (IR), Nordson (NDSN), Graco (GGG), Snap-on (SNA), Pentair (PNR), Donaldson (DCI), Gardner Denver (GDI), Lincoln Electric (LECO) and ITT (ITT). View all competitors.

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).

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

Mueller Industries' stock is owned by a number of institutional and retail investors. Top institutional investors include Dalton Greiner Hartman Maher & Co. (0.70%) and Envestnet Asset Management Inc. (0.03%). 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.

MLI stock was acquired by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., and Envestnet Asset Management Inc.. 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.

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.

One share of MLI stock can currently be purchased for approximately $25.98.

Mueller Industries has a market capitalization of $1.47 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.

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

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.