Log in
NYSE:MLI

Mueller Industries Stock Forecast, Price & News

$33.88
+1.01 (+3.07 %)
(As of 11/23/2020 12:00 AM ET)
Add
Compare
Today's Range
$32.84
Now: $33.88
$33.92
50-Day Range
$27.73
MA: $30.55
$33.64
52-Week Range
$16.78
Now: $33.88
$36.66
Volume225,770 shs
Average Volume242,935 shs
Market Capitalization$1.93 billion
P/E Ratio14.54
Dividend Yield1.22%
Beta1.18
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 manufactures copper tubes and fittings, and line sets for water distribution system, heating system, air-conditioning, and refrigeration applications, as well as drainage, waste, and vent systems. It also manufactures steel pipe nipples; and resells imported brass and plastic plumbing valves, malleable iron fittings, faucets, and plumbing specialty products. This segment sells its products primarily to plumbing, refrigeration, and air-conditioning wholesalers; and hardware wholesalers and co-ops, building product retailers, and air-conditioning original equipment manufacturers (OEMs). The company's Industrial Metals segment manufactures and sells brass, bronze, and copper alloy rods; cold-formed aluminum and copper products for automotive, military ordnance, aerospace, and general manufacturing industries; brass and aluminum forgings, brass fittings, industrial machinery, valve bodies, gear blanks, and computer hardware; and brass, aluminum, and stainless steel valves, as well as fluid control systems and gas train assembles for compressed gas, pharmaceutical, construction, and gas appliance markets. Its Climate segment offers valves, protection devices, and brass fittings, as well as tubular assemblies and fabrications for various OEMs in the commercial heating, ventilation, and air-conditioning (HVAC) and refrigeration markets; components and accessories for the air-conditioning and refrigeration markets; and coaxial heat exchangers and twisted tubes for HVAC, geothermal, refrigeration, swimming pool heat pump, marine, ice machine, commercial boiler, and heat reclamation markets. The company was founded in 1917 and is headquartered in Collierville, Tennessee.
Read More
Mueller Industries logo

Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.48 out of 5 stars


Industry, Sector and Symbol

Industry Rolling, drawing, & extruding of nonferrous metals
Sub-IndustryIndustrial Machinery
CUSIP62475610
Phone901-753-3200
Employees4,964

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.43 billion
Cash Flow$3.23 per share
Book Value$12.95 per share

Profitability

Net Income$100.97 million

Miscellaneous

Market Cap$1.93 billion
Next Earnings Date2/2/2021 (Estimated)
OptionableOptionable
$33.88
+1.01 (+3.07 %)
(As of 11/23/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive MLI News and Ratings via Email

Sign-up to receive the latest news and ratings for MLI and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Mueller Industries (NYSE:MLI) Frequently Asked Questions

How has Mueller Industries' stock price been impacted by Coronavirus?

Mueller Industries' stock was trading at $25.21 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MLI stock has increased by 34.4% and is now trading at $33.88.
View which stocks have been most impacted by COVID-19
.

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
.

What stocks does MarketBeat like better than Mueller Industries?

Wall Street analysts have given Mueller Industries a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Mueller Industries wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Mueller Industries' next earnings date?

Mueller Industries is scheduled to release its next quarterly earnings announcement on Tuesday, February 2nd 2021.
View our earnings forecast for Mueller Industries
.

How were Mueller Industries' earnings last quarter?

Mueller Industries, Inc. (NYSE:MLI) issued its earnings results on Tuesday, October, 20th. The industrial products company reported $0.76 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.47 by $0.29. Mueller Industries had a return on equity of 17.01% and a net margin of 5.79%.
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 Friday, November 6th. Investors of record on Friday, December 4th will be given a dividend of $0.10 per share on Friday, December 18th. This represents a $0.40 annualized dividend and a yield of 1.18%. The ex-dividend date is Thursday, December 3rd.
View Mueller Industries' dividend history
.

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

Mueller Industries's stock split before market open 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 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.

Are investors shorting Mueller Industries?

Mueller Industries saw a increase in short interest in the month of October. As of October 30th, there was short interest totaling 845,700 shares, an increase of 42.7% from the October 15th total of 592,500 shares. Based on an average trading volume of 220,200 shares, the short-interest ratio is presently 3.8 days. Currently, 1.5% of the company's shares are short sold.
View Mueller Industries' Short Interest
.

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).

Who are Mueller Industries' key executives?

Mueller Industries' management team includes the following people:
  • Mr. Gregory L. Christopher, Chairman & CEO (Age 58, Pay $3.9M)
  • Mr. Jeffrey A. Martin, CFO & Treasurer (Age 53, Pay $1.05M)
  • Mr. Nicholas William Moss, Pres of New Bus. Devel. (Age 63, Pay $1.17M)
  • Mr. Steffen Sigloch, Chief Manufacturing Officer (Age 51, Pay $908.77k)
  • Mr. Gary Westermeyer, Pres of Refrigeration (Age 55, Pay $535.77k)
  • Ms. Kristee Michelle Ford, Chief Information Officer
  • Mr. Christopher John Miritello, VP, Gen. Counsel & Corp. Sec. (Age 37)
  • Mr. Brian K. Barksdale, VP of Marketing (Age 44)
  • Mr. Daniel R. Corbin, Sr. VP of Manufacturing (Age 62)
  • Mr. Nadiem Umar, Pres of International Division (Age 59)

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. (14.30%), Wells Fargo & Company MN (7.09%), Gamco Investors INC. ET AL (6.03%), Gabelli Funds LLC (3.86%), Gates Capital Management Inc. (3.21%) and State Street Corp (3.07%). Company insiders that own Mueller Industries stock include Gary S Gladstein, Gary Westermeyer, 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 institutional investors are selling Mueller Industries stock?

MLI stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, BlackRock Inc., Dalton Greiner Hartman Maher & Co., Gamco Investors INC. ET AL, State Street Corp, Great West Life Assurance Co. Can, Alberta Investment Management Corp, and Victory Capital Management Inc.. Company insiders that have sold Mueller Industries company stock in the last year include Gregory L Christopher, John B Hansen, and Steffen Sigloch.
View insider buying and selling activity for Mueller Industries
.

Which institutional investors are buying Mueller Industries stock?

MLI stock was bought by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Assenagon Asset Management S.A., Gates Capital Management Inc., Charles Schwab Investment Management Inc., Royce & Associates LP, New York State Common Retirement Fund, Palisade Capital Management LLC NJ, and GSA Capital Partners LLP. Company insiders that have bought Mueller Industries stock in the last two years include Gary S Gladstein, Gary Westermeyer, Kristee Michelle Ford, and Scott Jay Goldman.
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 $33.88.

How big of a company is Mueller Industries?

Mueller Industries has a market capitalization of $1.93 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 11/24/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.