About Martin Marietta Materials (NYSE:MLM)
Martin Marietta Materials, Inc. is a supplier of aggregates products (crushed stone, sand, and gravel) used for the construction of infrastructure, nonresidential, and residential projects. Aggregates products are also used for railroad ballast and in agricultural, utility and environmental applications. The Company's Aggregates business operates through three segments: the Mid-America Group, Southeast Group and West Group. The Company's business is categorized into Aggregates Business, Cement Business and Magnesia Specialties Business. Its Cement business is reported through the Cement segment. Its Magnesia Specialties business manufactures and markets magnesia-based chemical products used in industrial, agricultural, and environmental applications, and dolomitic lime sold to customers in the steel industry. Its Cement business produces Portland and specialty cements. It manufactures and markets, through its Magnesia Specialties business, magnesia-based chemical products.
Industry, Sector and Symbol:
- Sector: Construction
- Industry: Construction Materials
- Sub-Industry: Construction Materials
- Symbol: NYSE:MLM
- CUSIP: 57328410
- Web: www.martinmarietta.com
- Market Cap: $13.4 billion
- Outstanding Shares: 62,840,000
- 50 Day Moving Avg: $204.74
- 200 Day Moving Avg: $217.51
- 52 Week Range: $175.16 - $244.32
Sales & Book Value:
- Trailing P/E Ratio: 31.11
- Foreward P/E Ratio: 21.96
- P/E Growth: 1.30
- Annual Revenue: $3.72 billion
- Price / Sales: 3.60
- Book Value: $66.80 per share
- Price / Book: 3.19
- Annual Dividend: $1.76
- Dividend Yield: 0.8%
- EBITDA: $962.24 million
- Net Margins: 11.19%
- Return on Equity: 10.69%
- Return on Assets: 5.99%
- Debt-to-Equity Ratio: 0.39%
- Current Ratio: 2.33%
- Quick Ratio: 1.30%
- Average Volume: 694,143 shs.
- Beta: 1.13
- Short Ratio: 3.69
Frequently Asked Questions for Martin Marietta Materials (NYSE:MLM)
What is Martin Marietta Materials' stock symbol?
Martin Marietta Materials trades on the New York Stock Exchange (NYSE) under the ticker symbol "MLM."
How often does Martin Marietta Materials pay dividends? What is the dividend yield for Martin Marietta Materials?
Martin Marietta Materials declared a quarterly dividend on Thursday, August 24th. Shareholders of record on Tuesday, September 5th will be given a dividend of $0.44 per share on Friday, September 29th. This represents a $1.76 annualized dividend and a yield of 0.83%. The ex-dividend date is Thursday, August 31st. This is a positive change from Martin Marietta Materials's previous quarterly dividend of $0.42. View Martin Marietta Materials' Dividend History.
How were Martin Marietta Materials' earnings last quarter?
Martin Marietta Materials, Inc. (NYSE:MLM) announced its earnings results on Tuesday, August, 1st. The company reported $2.25 EPS for the quarter, missing analysts' consensus estimates of $2.38 by $0.13. The business earned $996.30 million during the quarter, compared to analyst estimates of $1.01 billion. Martin Marietta Materials had a return on equity of 10.69% and a net margin of 11.19%. The business's revenue was up 8.8% compared to the same quarter last year. During the same period in the previous year, the business posted $1.90 earnings per share. View Martin Marietta Materials' Earnings History.
When will Martin Marietta Materials make its next earnings announcement?
Where is Martin Marietta Materials' stock going? Where will Martin Marietta Materials' stock price be in 2017?
7 brokers have issued 1-year price targets for Martin Marietta Materials' stock. Their predictions range from $206.00 to $265.00. On average, they anticipate Martin Marietta Materials' stock price to reach $241.67 in the next year. View Analyst Ratings for Martin Marietta Materials.
Who are some of Martin Marietta Materials' key competitors?
Some companies that are related to Martin Marietta Materials include Crh Plc (CRH), Vulcan Materials Company (VMC), USG Corporation (USG), Summit Materials (SUM), Armstrong World Industries (AWI), GCP Applied Technologies (GCP), Marshalls plc (MSLH), Forterra PLC (FORT), Forterra (FRTA), Smart Sand (SND), Fox Marble Holdings PLC (FOX) and Texas Industries (TXI).
Who are Martin Marietta Materials' key executives?
Martin Marietta Materials' management team includes the folowing people:
- Howard C. Nye, Chairman of the Board, President, Chief Executive Officer
- James A. J. Nickolas, Chief Financial Officer, Senior Vice President
- Roselyn R. Bar, Executive Vice President, General Counsel, Secretary
- Dana F. Guzzo, Senior Vice President, Chief Accounting Officer, Controller
- Donald A. McCunniff, Senior Vice President - Human Resources
- Daniel L. Grant, Senior Vice President - Strategy & Development
- Michael J. Quillen, Lead Independent Director
- Stephen P. Zelnak Jr., Director
- Sue W. Cole, Independent Director
- John J. Koraleski, Independent Director
Who owns Martin Marietta Materials stock?
Martin Marietta Materials' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Hermes Investment Management Ltd. (0.16%), APG Asset Management N.V. (0.14%), Nationwide Fund Advisors (0.08%), State Treasurer State of Michigan (0.03%), Skylands Capital LLC (0.02%) and BB&T Corp (0.02%). Company insiders that own Martin Marietta Materials stock include Anne H Lloyd, C Howard Nye, Dana F Guzzo, Daniel L Grant, David G Maffucci, Donald A Mccunniff, Frank H Menaker Jr, John J Koraleski, Laree E Perez, Richard A Vinroot, Roselyn R Bar, Stephen P Zelnak Jr, Stephen P Zelnak, Jr, Sue W Cole and William E Mcdonald. View Institutional Ownership Trends for Martin Marietta Materials.
Who sold Martin Marietta Materials stock? Who is selling Martin Marietta Materials stock?
Martin Marietta Materials' stock was sold by a variety of institutional investors in the last quarter, including Hermes Investment Management Ltd., State Treasurer State of Michigan and Tributary Capital Management LLC. Company insiders that have sold Martin Marietta Materials stock in the last year include Anne H Lloyd, C Howard Nye, Dana F Guzzo, Daniel L Grant, Donald A Mccunniff, Laree E Perez, Roselyn R Bar and Sue W Cole. View Insider Buying and Selling for Martin Marietta Materials.
Who bought Martin Marietta Materials stock? Who is buying Martin Marietta Materials stock?
Martin Marietta Materials' stock was acquired by a variety of institutional investors in the last quarter, including Nationwide Fund Advisors, Shell Asset Management Co., Sumitomo Life Insurance Co., Oakbrook Investments LLC, APG Asset Management N.V., BB&T Corp, Exane Derivatives and Skylands Capital LLC. View Insider Buying and Selling for Martin Marietta Materials.
How do I buy Martin Marietta Materials stock?
Shares of Martin Marietta Materials can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Martin Marietta Materials' stock price today?
MarketBeat Community Rating for Martin Marietta Materials (NYSE MLM)MarketBeat's community ratings are surveys of what our community members think about Martin Marietta Materials and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Martin Marietta Materials stock can currently be purchased for approximately $213.25.
Consensus Ratings for Martin Marietta Materials (NYSE:MLM) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Hold Ratings, 5 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.71)|
|Consensus Price Target: ||$241.67 (13.33% upside)|Consensus Price Target History for Martin Marietta Materials (NYSE:MLM)
Analysts' Ratings History for Martin Marietta Materials (NYSE:MLM)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/19/2017||Bank of America Corporation||Lower Price Target||Neutral||$233.00 -> $229.00||N/A|
|10/11/2017||Jefferies Group LLC||Reiterated Rating||Buy||$240.00||N/A|
|10/9/2017||Citigroup Inc.||Reiterated Rating||Buy||$270.00 -> $260.00||N/A|
|5/4/2017||Stephens||Boost Price Target||Equal Weight||$246.00 -> $250.00||Low|
|5/3/2017||Stifel Nicolaus||Boost Price Target||Buy||$258.00 -> $265.00||Low|
|3/31/2017||Cleveland Research||Upgrade||Neutral -> Buy||Low|
|10/26/2016||SunTrust Banks, Inc.||Upgrade||Hold -> Buy||$206.00||N/A|
|10/11/2016||Goldman Sachs Group, Inc. (The)||Downgrade||Buy -> Neutral||$210.00 -> $202.00||N/A|
|10/9/2016||DA Davidson||Reiterated Rating||Hold||$210.00||N/A|
|6/9/2016||Alembic Global Advisors||Initiated Coverage||Overweight||$220.00||N/A|
|2/10/2016||Vertical Research||Upgrade||Hold -> Buy||N/A|
Earnings History for Martin Marietta Materials (NYSE:MLM)Earnings History by Quarter for Martin Marietta Materials (NYSE MLM)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/1/2017||Q2 2017||$2.38||$2.25||$1.01 billion||$996.30 million||View||Listen|
|5/2/2017||Q1 2017||$0.62||$0.67||$729.28 million||$791.70 million||View||Listen|
|2/14/2017||Q416||$1.62||$1.55||$895.00 billion||$889.00 billion||View||Listen|
|11/1/2016||Q316||$2.64||$2.49||$1.01 billion||$1.04 billion||View||N/A|
|8/2/2016||Q216||$2.02||$1.90||$953.30 million||$915.40 million||View||N/A|
|5/5/2016||Q116||$0.36||$0.69||$657.46 million||$734.00 million||View||N/A|
|2/9/2016||Q415||$1.36||$1.15||$848.61 million||$80.80 million||View||Listen|
|11/3/2015||Q315||$2.15||$2.04||$1.06 billion||$1.08 billion||View||N/A|
|8/4/2015||Q215||$1.61||$1.22||$924.16 million||$921.40 million||View||N/A|
|4/30/2015||Q115||$0.09||$0.07||$635.97 million||$631.90 million||View||N/A|
|2/10/2015||Q414||$0.85||$0.99||$772.78 million||$779.50 million||View||N/A|
|10/28/2014||Q314||$1.72||$1.45||$934.80 million||$1,000.00 million||View||N/A|
|7/29/2014||Q214||$1.23||$1.34||$624.30 million||$669.20 million||View||Listen|
|4/29/2014||Q114||($0.31)||($0.35)||$409.45 million||$379.70 million||View||Listen|
|1/28/2014||Q413||$0.70||$0.77||$534.18 million||$491.40 million||View||N/A|
|11/7/2013||Q313||$1.47||$1.54||$640.85 million||$600.50 million||View||N/A|
|7/30/2013||Q2 2013||$1.14||$0.89||$596.80 million||$562.70 million||View||N/A|
|4/30/2013||Q1 2013||($0.37)||($0.61)||$397.62 million||$385.00 million||View||N/A|
|2/12/2013||Q4 2012||$0.48||$0.46||$471.13 million||$457.90 million||View||N/A|
|11/6/2012||Q312||$1.28||$1.36||$576.22 million||$593.90 million||View||N/A|
Earnings Estimates for Martin Marietta Materials (NYSE:MLM)
2017 EPS Consensus Estimate: $7.50
2018 EPS Consensus Estimate: $9.31
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Martin Marietta Materials (NYSE:MLM)
|Most Recent Dividend:||9/29/2017|
|Dividend Growth:||-8.60% (3 Year Average)|
|Payout Ratio:||25.29% (Trailing 12 Months of Earnings) |
24.65% (Based on This Year's Estimates)
18.13% (Based on Next Year's Estimates)
Dividend History by Quarter for Martin Marietta Materials (NYSE MLM)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Martin Marietta Materials (NYSE:MLM)
Insider Ownership Percentage: 8.45%Insider Trades by Quarter for Martin Marietta Materials (NYSE:MLM)
Institutional Ownership Percentage: 95.72%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/18/2017||John J Koraleski||Director||Buy||500||$198.37||$99,185.00|| |
|5/4/2017||Donald A Mccunniff||SVP||Sell||1,391||$240.17||$334,076.47|| |
|5/3/2017||Anne H Lloyd||CFO||Sell||6,472||$238.73||$1,545,060.56|| |
|5/3/2017||C Howard Nye||Chairman||Sell||10,258||$239.16||$2,453,303.28|| |
|3/10/2017||Sue W Cole||Director||Sell||3,000||$212.12||$636,360.00|| |
|2/17/2017||Laree E Perez||Director||Sell||3,000||$218.98||$656,940.00|| |
|12/9/2016||Anne H Lloyd||CFO||Sell||498||$229.18||$114,131.64|| |
|12/9/2016||Donald A Mccunniff||SVP||Sell||1,503||$228.98||$344,156.94|| |
|11/11/2016||Roselyn R Bar||EVP||Sell||2,313||$228.33||$528,127.29|| |
|11/10/2016||Dana F Guzzo||SVP||Sell||2,389||$227.18||$542,733.02|| |
|11/9/2016||Anne H Lloyd||CFO||Sell||2,929||$224.74||$658,263.46|| |
|11/9/2016||C Howard Nye||Chairman||Sell||8,691||$224.68||$1,952,693.88|| |
|11/9/2016||Daniel L Grant||SVP||Sell||1,038||$224.89||$233,435.82|| |
|8/11/2016||David G Maffucci||Director||Sell||6,779||$199.90||$1,355,122.10|| |
|8/9/2016||Roselyn R Bar||EVP||Sell||5,830||$199.98||$1,165,883.40|| |
|6/8/2016||Stephen P Zelnak Jr||Director||Sell||3,000||$188.90||$566,700.00|| |
|6/1/2016||Stephen P Zelnak Jr||Director||Sell||17,000||$187.75||$3,191,750.00|| |
|5/24/2016||Dana F Guzzo||CAO||Sell||213||$189.20||$40,299.60|| |
|5/16/2016||Anne H Lloyd||CFO||Sell||9,031||$186.76||$1,686,629.56|| |
|5/12/2016||C Howard Nye||CEO||Sell||13,359||$186.95||$2,497,465.05|| |
|5/12/2016||Sue W Cole||Director||Sell||3,000||$187.44||$562,320.00|| |
|5/11/2016||Dana F Guzzo||CAO||Sell||879||$187.64||$164,935.56|| |
|5/11/2016||Roselyn R Bar||EVP||Sell||7,342||$187.97||$1,380,075.74|| |
|5/10/2016||Stephen P Zelnak Jr||Director||Sell||10,953||$187.14||$2,049,744.42|| |
|3/7/2016||Stephen P Zelnak Jr||Director||Sell||10,000||$153.66||$1,536,600.00|| |
|3/3/2016||William E Mcdonald||Director||Sell||3,000||$148.04||$444,120.00|| |
|3/1/2016||Frank H Menaker Jr||Director||Sell||3,000||$147.70||$443,100.00|| |
|2/29/2016||Laree E Perez||Director||Sell||3,000||$143.35||$430,050.00|| |
|2/23/2016||Richard A Vinroot||Director||Sell||3,000||$138.70||$416,100.00|| |
|11/25/2015||Stephen P Zelnak Jr||Director||Sell||7,000||$161.44||$1,130,080.00|| |
|11/24/2015||Stephen P. Zelnak, Jr.||Director||Sell||32,572||$159.92||$5,208,914.24|| |
|8/18/2015||David G Maffucci||Director||Sell||3,000||$174.49||$523,470.00|| |
|8/13/2015||Dennis L Rediker||Director||Sell||3,000||$172.01||$516,030.00|| |
|5/27/2015||Stephen P Zelnak Jr||Director||Buy||16,150||$151.07||$2,439,780.50|| |
|5/18/2015||Anne H Lloyd||CFO||Sell||8,602||$153.90||$1,323,847.80|| |
|5/18/2015||Roselyn R Bar||SVP||Sell||7,021||$154.41||$1,084,112.61|| |
|5/18/2015||Sue W Cole||Director||Sell||3,000||$155.67||$467,010.00|| |
|3/4/2015||William E Mcdonald||Director||Sell||2,978||$143.00||$425,854.00|| |
|2/25/2015||Frank H Menaker Jr||Director||Sell||3,000||$142.35||$427,050.00|| |
|2/18/2015||Richard A Vinroot||Director||Sell||3,000||$144.56||$433,680.00|| |
|2/12/2015||Dennis L Rediker||Director||Sell||3,000||$140.04||$420,120.00|| |
|11/17/2014||Stephen P Zelnak Jr||Director||Buy||5,700||$125.64||$716,148.00|| |
|8/11/2014||Roselyn R Bar||SVP||Sell||7,730||$126.30||$976,299.00|| |
|6/12/2014||Stephen P Zelnak Jr||Director||Buy||4,000||$129.41||$517,640.00|| |
|5/6/2014||Sue Cole||Director||Sell||3,000||$126.20||$378,600.00|| |
|5/2/2014||Anne Lloyd||CFO||Sell||11,761||$125.88||$1,480,474.68|| |
|5/1/2014||Frank Menaker, Jr.||Director||Sell||3,000||$128.29||$384,870.00|| |
|4/30/2014||Laree Perez||Director||Sell||3,000||$122.67||$368,010.00|| |
|4/30/2014||Roselyn Bar||SVP||Sell||5,076||$125.03||$634,652.28|| |
|2/20/2014||William Mcdonald||Director||Sell||3,000||$116.15||$348,450.00|| |
|2/6/2014||David Maffucci||Director||Sell||3,000||$112.18||$336,540.00|| |
|1/31/2014||Richard Vinroot||Director||Sell||3,000||$108.47||$325,410.00|| |
|1/30/2014||Dennis Rediker||Director||Sell||3,000||$107.11||$321,330.00|| |
|6/10/2013||Anne H Lloyd||CFO||Sell||2,347||$106.57||$250,119.79|| |
|6/10/2013||Stephen P Zelnak Jr||Director||Sell||5,620||$106.01||$595,776.20|| |
|6/7/2013||Stephen P Zelnak Jr||Director||Sell||15,000||$105.74||$1,586,100.00|| |
|6/5/2013||Stephen P Zelnak Jr||Director||Sell||15,000||$106.26||$1,593,900.00|| |
|5/30/2013||Stephen P Zelnak Jr||Director||Sell||5,600||$109.99||$615,944.00|| |
|5/29/2013||Stephen P Zelnak Jr||Director||Sell||15,000||$109.48||$1,642,200.00|| |
|5/23/2013||Stephen P Zelnak Jr||Director||Sell||15,000||$108.72||$1,630,800.00|| |
|5/21/2013||Stephen P Zelnak Jr||Director||Sell||12,363||$111.93||$1,383,790.59|| |
|3/6/2013||Roselyn R Bar||SVP||Sell||4,063||$102.00||$414,426.00|| |
|2/15/2013||William E Mcdonald||Director||Sell||2,000||$100.87||$201,740.00|| |
Headline Trends for Martin Marietta Materials (NYSE:MLM)
Latest Headlines for Martin Marietta Materials (NYSE:MLM)
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Martin Marietta Materials (MLM) Chart for Monday, October, 23, 2017