Top-Rated StocksTop-RatedNYSE:MLM Martin Marietta Materials (MLM) Stock Price, News & Analysis → The only AI company you should be looking at (From Behind the Markets) (Ad) Free MLM Stock Alerts $596.76 +0.49 (+0.08%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$596.44▼$602.5950-Day Range$493.10▼$611.8952-Week Range$321.80▼$617.08Volume426,126 shsAverage Volume410,302 shsMarket Capitalization$36.89 billionP/E Ratio31.69Dividend Yield0.50%Price Target$559.46 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Martin Marietta Materials alerts: Email Address Martin Marietta Materials MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.85 Rating ScoreUpside/Downside6.3% Downside$559.46 Price TargetShort InterestHealthy0.90% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-5.65Upright™ Environmental ScoreNews Sentiment0.38Based on 23 Articles This WeekInsider TradingSelling Shares$16.03 M Sold Last QuarterProj. Earnings Growth9.91%From $21.19 to $23.29 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.06 out of 5 starsConstruction Sector28th out of 102 stocksMining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry3rd out of 17 stocks 2.4 Analyst's Opinion Consensus RatingMartin Marietta Materials has received a consensus rating of Moderate Buy. The company's average rating score is 2.85, and is based on 11 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $559.46, Martin Marietta Materials has a forecasted downside of 6.3% from its current price of $596.76.Amount of Analyst CoverageMartin Marietta Materials has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.90% of the float of Martin Marietta Materials has been sold short.Short Interest Ratio / Days to CoverMartin Marietta Materials has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Martin Marietta Materials has recently increased by 3.27%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldMartin Marietta Materials has a dividend yield of 0.49%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthMartin Marietta Materials has been increasing its dividend for 8 years.Dividend CoverageThe dividend payout ratio of Martin Marietta Materials is 15.72%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Martin Marietta Materials will have a dividend payout ratio of 12.71% next year. This indicates that Martin Marietta Materials will be able to sustain or increase its dividend. Previous Next 0.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreMartin Marietta Materials has received a -73.50% net impact score from Upright. The largest negative impact of Martin Marietta Materials in category "GHG emissions" seems to be driven mostly by its "Construction sand", "Stone chippings", "Fiber cement", "Dry mortar", and "Asphalt" products. See details.Environmental SustainabilityThe Environmental Impact score for Martin Marietta Materials is -5.65. Previous Next 3.0 News and Social Media Coverage News SentimentMartin Marietta Materials has a news sentiment score of 0.38. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 23 news articles for Martin Marietta Materials this week, compared to 8 articles on an average week.Search Interest19 people have searched for MLM on MarketBeat in the last 30 days. This is an increase of 533% compared to the previous 30 days.MarketBeat Follows20 people have added Martin Marietta Materials to their MarketBeat watchlist in the last 30 days. This is an increase of 900% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Martin Marietta Materials insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $16,033,760.00 in company stock.Percentage Held by InsidersOnly 0.61% of the stock of Martin Marietta Materials is held by insiders.Percentage Held by Institutions93.22% of the stock of Martin Marietta Materials is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Martin Marietta Materials are expected to grow by 9.91% in the coming year, from $21.19 to $23.29 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Martin Marietta Materials is 31.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.74.Price to Earnings Ratio vs. SectorThe P/E ratio of Martin Marietta Materials is 31.69, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 17.63.Price to Earnings Growth RatioMartin Marietta Materials has a PEG Ratio of 2.95. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioMartin Marietta Materials has a P/B Ratio of 4.59. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyMy next big prediction isn’t a predictionI believe this could change your life forever. I’m talking about transforming everything for you, financially. You see, a rare market anomaly has emerged that I believe is going to make some people very wealthy. Almost nobody in the mainstream media or Wall Street has connected the dots on what’s going on, but that ignorance won’t last for long. When they wake up to this situation, billions of dollars will flood in.Click here now to sign up About Martin Marietta Materials Stock (NYSE:MLM)Martin Marietta Materials, Inc., a natural resource-based building materials company, supplies aggregates and heavy-side building materials to the construction industry in the United States and internationally. It offers crushed stone, sand, and gravel products; ready mixed concrete and asphalt; paving products and services; and Portland and specialty cement for use in the infrastructure projects, and nonresidential and residential construction markets, as well as in the railroad, agricultural, utility, and environmental industries. The company also produces magnesia-based chemicals products; dolomitic lime primarily to customers for steel production and soil stabilization; and cement treated materials. Its chemical products are used in flame retardants, wastewater treatment, pulp and paper production, and other environmental applications. Martin Marietta Materials, Inc. was founded in 1939 and is headquartered in Raleigh, North Carolina.Read More MLM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MLM Stock News HeadlinesMarch 17, 2024 | insidertrades.comRoselyn R. Bar Sells 10,000 Shares of Martin Marietta Materials, Inc. (NYSE:MLM) StockMarch 16, 2024 | insidertrades.comInsider Selling: Martin Marietta Materials, Inc. (NYSE:MLM) CEO Sells 15,000 Shares of StockMarch 18, 2024 | Monument Traders Alliance (Ad)Make This $3 Trade the Instant the Opening Bell RingsSince the birth of Wall Street, one simple rule has remained the same.... Buy stocks that are cheap....When they’re on sale…. And when nobody else is looking…March 15, 2024 | msn.comAlbemarle, FMC, Celanese most shorted S&P 500 materials stocks in FebruaryMarch 15, 2024 | seekingalpha.comMartin Marietta: An Impressive Investment Case, But Shares Appear Fully ValuedMarch 15, 2024 | benzinga.comInsider Unloading: Roselyn R Bar Sells $6.03M Worth Of Martin Marietta Materials SharesMarch 15, 2024 | finance.yahoo.comInsider Sell: EVP, General Counsel and Secy Roselyn Bar Sells 10,000 Shares of Martin Marietta ...March 14, 2024 | americanbankingnews.comQ1 2024 EPS Estimates for Martin Marietta Materials, Inc. (NYSE:MLM) Reduced by AnalystMarch 18, 2024 | Monument Traders Alliance (Ad)Make This $3 Trade the Instant the Opening Bell RingsSince the birth of Wall Street, one simple rule has remained the same.... Buy stocks that are cheap....When they’re on sale…. And when nobody else is looking…March 14, 2024 | americanbankingnews.comMartin Marietta Materials, Inc. Expected to Earn Q2 2024 Earnings of $6.60 Per Share (NYSE:MLM)March 11, 2024 | americanbankingnews.comQ1 2025 EPS Estimates for Martin Marietta Materials, Inc. Decreased by Zacks Research (NYSE:MLM)March 11, 2024 | americanbankingnews.comBrokerages Set Martin Marietta Materials, Inc. (NYSE:MLM) Price Target at $559.46March 10, 2024 | americanbankingnews.comMartin Marietta Materials (NYSE:MLM) Rating Lowered to Peer Perform at Wolfe ResearchMarch 9, 2024 | americanbankingnews.comZacks Research Research Analysts Lower Earnings Estimates for Martin Marietta Materials, Inc. (NYSE:MLM)March 8, 2024 | msn.comMartin Marietta Materials downgraded to 'peer perform' at Wolfe on valuationMarch 8, 2024 | markets.businessinsider.comWhat 8 Analyst Ratings Have To Say About Martin Marietta MaterialsMarch 8, 2024 | americanbankingnews.comC Howard Nye Sells 15,000 Shares of Martin Marietta Materials, Inc. (NYSE:MLM) StockMarch 8, 2024 | americanbankingnews.comMartin Marietta Materials, Inc. (NYSE:MLM) Given Average Recommendation of "Moderate Buy" by BrokeragesMarch 4, 2024 | gurufocus.comMartin Marietta Materials Inc (MLM)'s Winning Formula: Financial Metrics and Competitive StrengthsMarch 2, 2024 | nasdaq.comGuru Fundamental Report for MLMMarch 2, 2024 | msn.comMartin Marietta Materials (MLM) Declares $0.74 DividendFebruary 28, 2024 | markets.businessinsider.comAnalysts Offer Insights on Materials Companies: Martin Marietta Materials (MLM) and Ecolab (ECL)February 24, 2024 | msn.comMartin Marietta Materials (MLM) Price Target Increased by 9.25% to 594.22February 23, 2024 | msn.comHSBC Upgrades Martin Marietta Materials (MLM)February 22, 2024 | globenewswire.comMartin Marietta Declares Quarterly Cash DividendFebruary 17, 2024 | finance.yahoo.comAnalysts Have Made A Financial Statement On Martin Marietta Materials, Inc.'s (NYSE:MLM) Yearly ReportFebruary 16, 2024 | finance.yahoo.comVulcan (VMC) Q4 Earnings & Revenues Beat, Adjusted EBITDA UpSee More Headlines Receive MLM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Martin Marietta Materials and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 12/29 Dividend11/30/2023Dividend Payable12/29/2023Last Earnings2/14/2024Ex-Dividend for 3/28 Dividend3/01/2024Today3/18/2024Dividend Payable3/28/2024Next Earnings (Estimated)5/02/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConstruction Industry Mining & quarrying of nonmetallic minerals, except fuels Sub-IndustryConstruction Materials Current SymbolNYSE:MLM CUSIP57328410 CIK916076 Webwww.martinmarietta.com Phone(919) 781-4550Fax919-783-4535Employees9,400Year Founded1993Price Target and Rating Average Stock Price Target$559.46 High Stock Price Target$642.00 Low Stock Price Target$465.00 Potential Upside/Downside-6.6%Consensus RatingModerate Buy Rating Score (0-4)2.85 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$18.83 Trailing P/E Ratio31.81 Forward P/E Ratio28.27 P/E Growth2.95Net Income$1.17 billion Net Margins17.25% Pretax Margin22.03% Return on Equity15.77% Return on Assets7.98% Debt Debt-to-Equity Ratio0.49 Current Ratio3.35 Quick Ratio2.50 Sales & Book Value Annual Sales$6.78 billion Price / Sales5.46 Cash Flow$27.36 per share Price / Cash Flow21.89 Book Value$130.01 per share Price / Book4.61Miscellaneous Outstanding Shares61,820,000Free Float61,445,000Market Cap$37.03 billion OptionableOptionable Beta0.95 Social Links 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. C. Howard Nye (Age 61)Chairman, CEO & President Comp: $4.2MMr. James A. J. Nickolas (Age 53)Executive VP & CFO Comp: $1.46MMs. Roselyn R. Bar (Age 65)Executive VP, General Counsel & Corporate Secretary Comp: $1.35MMr. Robert J. Cardin (Age 61)Senior VP, Controller & Chief Accounting Officer Suzanne OsbergVice President of Investor RelationsMs. Kelly G. BennettSenior VP, Chief Human Resource Officer & Head of Inclusion & Engagement ProgramsMr. Kirk LightPresident of Cement & Southwest Ready MixMr. Michael J. Petro (Age 40)Senior Vice President of Strategy & Development Oliver W. BrooksSenior Vice President of Enterprise ExcellenceRon KopplinEast Division PresidentMore ExecutivesKey CompetitorsVulcan MaterialsNYSE:VMCOtis WorldwideNYSE:OTISUnited RentalsNYSE:URILennarNYSE:LENHowmet AerospaceNYSE:HWMView All CompetitorsInsiders & InstitutionsB. Riley Wealth Advisors Inc.Sold 952 shares on 3/15/2024Ownership: 0.009%Roselyn R BarSold 10,000 sharesTotal: $6.03 M ($603.29/share)Ables Iannone Moore & Associates Inc.Bought 50 shares on 3/14/2024Ownership: 0.000%Vanguard Group Inc.Bought 69,701 shares on 3/11/2024Ownership: 11.598%Wahed Invest LLCBought 59 shares on 3/11/2024Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions Should I Buy Martin Marietta Materials Stock? MLM Pros and Cons Explained These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Martin Marietta Materials was last updated on Monday, March 18, 2024 at 12:13 AM. Pros Here are some ways that investors could benefit from investing in Martin Marietta Materials, Inc.: Martin Marietta Materials, Inc. provides essential building materials like crushed stone, sand, and gravel products, which are in high demand for construction projects. The company offers ready mixed concrete and asphalt, crucial components for infrastructure development, which can lead to consistent revenue streams. Investing in Portland and specialty cement from Martin Marietta Materials can be a hedge against inflation due to its utility in various industries. Recent positive institutional ownership trends indicate confidence from large investors, potentially signaling a strong future outlook for the company. Considering the current stock price of Martin Marietta Materials, Inc. and its growth potential in the construction sector, there may be opportunities for capital appreciation. Cons Investors should be bearish about investing in Martin Marietta Materials, Inc. for these reasons: The construction industry is cyclical, and economic downturns could impact demand for building materials, affecting the company's revenue. Market competition in the building materials sector may lead to pricing pressures, potentially affecting Martin Marietta Materials' profit margins. Fluctuations in raw material prices, such as sand and gravel, can impact the company's production costs and overall profitability. Regulatory changes in the construction industry or environmental regulations could increase compliance costs for Martin Marietta Materials, affecting its bottom line. Investors should consider the overall economic conditions and interest rate environment, as they can influence construction activity and infrastructure spending, impacting the company's performance. MLM Stock Analysis - Frequently Asked Questions Should I buy or sell Martin Marietta Materials stock right now? 13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Martin Marietta Materials in the last twelve months. There are currently 2 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MLM shares. View MLM analyst ratings or view top-rated stocks. What is Martin Marietta Materials' stock price target for 2024? 13 analysts have issued 1 year price objectives for Martin Marietta Materials' shares. Their MLM share price targets range from $465.00 to $642.00. On average, they anticipate the company's share price to reach $559.46 in the next twelve months. This suggests that the stock has a possible downside of 6.3%. View analysts price targets for MLM or view top-rated stocks among Wall Street analysts. How have MLM shares performed in 2024? Martin Marietta Materials' stock was trading at $498.91 at the beginning of 2024. Since then, MLM stock has increased by 19.6% and is now trading at $596.76. View the best growth stocks for 2024 here. When is Martin Marietta Materials' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our MLM earnings forecast. How were Martin Marietta Materials' earnings last quarter? Martin Marietta Materials, Inc. (NYSE:MLM) issued its quarterly earnings results on Wednesday, February, 14th. The construction company reported $4.63 earnings per share for the quarter, beating the consensus estimate of $3.96 by $0.67. The construction company earned $1.61 billion during the quarter, compared to analyst estimates of $1.62 billion. Martin Marietta Materials had a net margin of 17.25% and a trailing twelve-month return on equity of 15.77%. The business's revenue for the quarter was up 8.9% compared to the same quarter last year. During the same period last year, the business posted $3.04 earnings per share. Read the conference call transcript. How often does Martin Marietta Materials pay dividends? What is the dividend yield for Martin Marietta Materials? Martin Marietta Materials announced a quarterly dividend on Thursday, February 22nd. Investors of record on Monday, March 4th will be paid a dividend of $0.74 per share on Thursday, March 28th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 0.50%. The ex-dividend date is Friday, March 1st. Read our dividend analysis for MLM. Is Martin Marietta Materials a good dividend stock? Martin Marietta Materials (NYSE:MLM) pays an annual dividend of $2.96 per share and currently has a dividend yield of 0.49%. The company has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 15.72%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MLM will have a dividend payout ratio of 12.71% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MLM. What ETFs hold Martin Marietta Materials' stock? ETFs with the largest weight of Martin Marietta Materials (NYSE:MLM) stock in their portfolio include TCW Transform Supply Chain ETF (SUPP), Invesco Building & Construction ETF (PKB), Invesco S&P 500 Equal Weight Materials ETF (RSPM), Invesco S&P 500 Equal Weight Materials ETF (RTM), Materials Select Sector SPDR Fund (XLB), Alger 35 ETF (ATFV), Global X U.S. Infrastructure Development ETF (PAVE) and Vanguard Materials ETF (VAW). What guidance has Martin Marietta Materials issued on next quarter's earnings? Martin Marietta Materials issued an update on its FY 2024 earnings guidance on Wednesday, February, 14th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $6.7 billion-$7.2 billion, compared to the consensus revenue estimate of $7.3 billion. What is C. Howard Nye's approval rating as Martin Marietta Materials' CEO? 125 employees have rated Martin Marietta Materials Chief Executive Officer C. Howard Nye on Glassdoor.com. C. Howard Nye has an approval rating of 84% among the company's employees. What other stocks do shareholders of Martin Marietta Materials own? Based on aggregate information from My MarketBeat watchlists, some companies that other Martin Marietta Materials investors own include NVIDIA (NVDA), AbbVie (ABBV), Micron Technology (MU), Vulcan Materials (VMC), Boeing (BA), Alibaba Group (BABA), UnitedHealth Group (UNH), Broadcom (AVGO), Salesforce (CRM) and Johnson & Johnson (JNJ). Who are Martin Marietta Materials' major shareholders? Martin Marietta Materials' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.60%), Vanguard Group Inc. (11.60%), Baillie Gifford & Co. (4.26%), Principal Financial Group Inc. (1.55%), Goldman Sachs Group Inc. (1.49%) and CIBC Private Wealth Group LLC (1.40%). Insiders that own company stock include C Howard Nye, Craig M Latorre, John P Mohr, Roselyn R Bar and Sue W Cole. View institutional ownership trends. How do I buy shares of Martin Marietta Materials? Shares of MLM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:MLM) was last updated on 3/18/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial Metals8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressLike Tiny Crypto Retirement FundsCrypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceSHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyThe world’s greatest investmentPorter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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