NYSE:MLIMueller Industries Stock Price, Forecast & News

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. Since then, MLI shares have increased by 5.2% and is now trading at $26.51. 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 announced a quarterly dividend on Thursday, May 7th. Investors 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 1.51%. The ex-dividend date is Thursday, June 4th. View Mueller Industries' dividend history.

Mueller Industries's stock split on Monday, March 31st 2014. The 2-1 split was announced on Friday, February 21st 2014. The newly created 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.

News coverage about MLI stock has been trending very negative recently, according to InfoTrie. The research firm rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Mueller Industries earned a news sentiment score of -3.3 on InfoTrie's scale. They also gave media coverage about the industrial products company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. 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 trading volume of 307,300 shares, the days-to-cover ratio is currently 2.3 days. Approximately 1.3% of the shares of the stock 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), ITT (ITT) and Lincoln Electric (LECO). 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."

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 $26.51.

Mueller Industries has a market capitalization of $1.51 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.