Martin Marietta Materials Stock Price, News & Analysis (NYSE:MLM) $464.17 +3.69 (+0.80%) (As of 02:45 PM ET) Add Compare Share Share Today's Range$458.58▼$464.9250-Day Range$397.86▼$467.3552-Week Range$317.94▼$472.09Volume98,669 shsAverage Volume377,689 shsMarket Capitalization$28.69 billionP/E Ratio26.94Dividend Yield0.64%Price Target$471.79 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Martin Marietta Materials MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside2.0% Upside$471.79 Price TargetShort InterestHealthy1.12% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-5.65Upright™ Environmental ScoreNews Sentiment1.13Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth13.80%From $18.33 to $20.86 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.89 out of 5 starsConstruction Sector58th out of 80 stocksMining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry10th out of 14 stocks 1.3 Analyst's Opinion Consensus RatingMartin Marietta Materials has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 11 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $471.79, Martin Marietta Materials has a forecasted upside of 2.0% from its current price of $462.59.Amount of Analyst CoverageMartin Marietta Materials has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.12% 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 1.8, 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 1.47%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldMartin Marietta Materials has a dividend yield of 0.63%, 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 17.18%. 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 14.19% 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 3.4 News and Social Media Coverage News SentimentMartin Marietta Materials has a news sentiment score of 1.13. 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 higher news sentiment than the 0.78 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Martin Marietta Materials this week, compared to 6 articles on an average week.Search InterestOnly 1 people have searched for MLM on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat Follows4 people have added Martin Marietta Materials to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Martin Marietta Materials insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.59% 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 13.80% in the coming year, from $18.33 to $20.86 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Martin Marietta Materials is 26.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.28.Price to Earnings Ratio vs. SectorThe P/E ratio of Martin Marietta Materials is 26.85, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 15.20.Price to Earnings Growth RatioMartin Marietta Materials has a PEG Ratio of 1.18. 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 4.00. 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 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 HeadlinesDecember 5, 2023 | benzinga.com$1000 Invested In Martin Marietta Materials 10 Years Ago Would Be Worth This Much TodayDecember 2, 2023 | americanbankingnews.comMartin Marietta Materials, Inc. (NYSE:MLM) Receives $471.79 Average Target Price from AnalystsDecember 7, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comDecember 1, 2023 | finance.yahoo.comMartin Marietta (MLM) Up 5.4% Since Last Earnings Report: Can It Continue?November 30, 2023 | finance.yahoo.comHere's How Much You'd Have If You Invested $1000 in Martin Marietta a Decade AgoNovember 22, 2023 | finance.yahoo.comMartin Marietta (MLM) to Divest South Texas Business for $2.1BNovember 21, 2023 | finance.yahoo.comIs Martin Marietta Materials, Inc. (NYSE:MLM) Worth US$455 Based On Its Intrinsic Value?November 21, 2023 | finanznachrichten.deMartin Marietta Materials, Inc.: Martin Marietta to Divest South Texas Cement and Related Concrete Operations to CRH plcDecember 7, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.November 21, 2023 | msn.comMartin Marietta Materials Divests Materials Assets In Texas For $2.1B CashNovember 21, 2023 | finance.yahoo.comMartin Marietta to Divest South Texas Cement and Related Concrete Operations to CRH plcNovember 17, 2023 | finance.yahoo.comHere's Why Martin Marietta (MLM) is a Strong Growth StockNovember 17, 2023 | finance.yahoo.comMartin Marietta (MLM) Is Up 2.48% in One Week: What You Should KnowNovember 15, 2023 | finance.yahoo.comMartin Marietta Materials, Inc. (MLM) Soars to 52-Week High, Time to Cash Out?November 13, 2023 | finance.yahoo.comIf You Invested $1000 in Martin Marietta 10 Years Ago, This Is How Much You'd Have NowNovember 12, 2023 | msn.comMartin Marietta Materials declares $0.74 dividendNovember 8, 2023 | finance.yahoo.comShould You Hold Martin Marietta (MLM)?November 6, 2023 | finance.yahoo.comHere's Why Martin Marietta (MLM) is a Strong Value StockNovember 2, 2023 | finance.yahoo.comMartin Marietta Materials, Inc. (NYSE:MLM) Q3 2023 Earnings Call TranscriptNovember 1, 2023 | markets.businessinsider.comMartin Marietta Materials, Inc. Q3 Income AdvancesNovember 1, 2023 | finance.yahoo.comMartin Marietta Materials Inc (MLM) Reports Record Quarterly Revenues and Profitability in Q3 2023November 1, 2023 | finance.yahoo.comMartin Marietta (MLM) Reports Q3 Earnings: What Key Metrics Have to SayNovember 1, 2023 | finance.yahoo.comMartin Marietta's (MLM) Q3 Earnings Beat, Revenues Lag, View UpNovember 1, 2023 | seekingalpha.comMartin Marietta Materials, Inc. 2023 Q3 - Results - Earnings Call PresentationNovember 1, 2023 | finance.yahoo.comMartin Marietta Reports Third-Quarter 2023 ResultsOctober 31, 2023 | finance.yahoo.comWhy Martin Marietta Materials, Inc. (NYSE:MLM) Could Be Worth WatchingOctober 27, 2023 | finance.yahoo.comMartin Marietta (MLM) Q3 Earnings to Aid From Demand & PricingSee 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 9/29 Dividend8/31/2023Dividend Payable9/29/2023Last Earnings11/01/2023Ex-Dividend for 12/29 Dividend11/30/2023Today12/07/2023Dividend Payable12/29/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/21/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Mining & quarrying of nonmetallic minerals, except fuels Sub-IndustryConstruction Materials SectorConstruction Current SymbolNYSE:MLM CUSIP57328410 CIK916076 Webwww.martinmarietta.com Phone(919) 781-4550Fax919-783-4535Employees9,400Year Founded1993Price Target and Rating Average Stock Price Target$471.79 High Stock Price Target$550.00 Low Stock Price Target$350.00 Potential Upside/Downside+2.0%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage15 Analysts Profitability EPS (Most Recent Fiscal Year)$17.23 Trailing P/E Ratio26.85 Forward P/E Ratio25.24 P/E Growth1.18Net Income$866.80 million Net Margins16.10% Pretax Margin20.81% Return on Equity14.89% Return on Assets7.34% Debt Debt-to-Equity Ratio0.51 Current Ratio2.47 Quick Ratio1.60 Sales & Book Value Annual Sales$6.65 billion Price / Sales4.30 Cash Flow$20.10 per share Price / Cash Flow23.02 Book Value$115.52 per share Price / Book4.00Miscellaneous Outstanding Shares61,807,000Free Float61,442,000Market Cap$28.59 billion OptionableOptionable Beta0.93 Social Links 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. C. Howard Nye (Age 60)Chairman, CEO & President Comp: $4.2MMr. James A. J. Nickolas (Age 52)Executive VP & CFO Comp: $1.46MMs. Roselyn R. Bar (Age 64)Executive VP, General Counsel & Corporate Secretary Comp: $1.35MMr. Robert J. Cardin (Age 60)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 39)Senior Vice President of Strategy & Development Oliver W. BrooksSenior Vice President of Enterprise ExcellenceMr. Larry J. Roberts (Age 69)President of Southwest Division More ExecutivesKey CompetitorsVulcan MaterialsNYSE:VMCQuanta ServicesNYSE:PWRUnited RentalsNYSE:URIWeyerhaeuserNYSE:WYOtis WorldwideNYSE:OTISView All CompetitorsInsiders & InstitutionsCitigroup Inc.Sold 89,151 shares on 12/6/2023Ownership: 0.167%B. Riley Wealth Advisors Inc.Bought 364 shares on 12/1/2023Ownership: 0.010%Wellington Management Group LLPSold 481 shares on 12/1/2023Ownership: 0.001%American Century Companies Inc.Bought 2,456 shares on 11/30/2023Ownership: 0.016%USA Financial FormulasBought 327 shares on 11/27/2023Ownership: 0.001%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 Tuesday, November 28, 2023 at 11:55 AM. Pros Here are some ways that investors could benefit from investing in Martin Marietta Materials, Inc.: Strong presence in the construction industry, both in the United States and internationally, providing a wide customer base and potential for growth. Diverse product portfolio, including crushed stone, sand, gravel, ready mixed concrete, asphalt, and cement, catering to various infrastructure projects and construction markets. Opportunities in nonresidential and residential construction markets, as well as in the railroad, agricultural, utility, and environmental industries, offering potential for revenue diversification. Production of magnesia-based chemicals products used in flame retardants, wastewater treatment, pulp and paper production, and other environmental applications, tapping into additional revenue streams. Recent positive developments and financial performance, including the current stock price, indicating potential for favorable returns on investment. Cons Investors should be bearish about investing in Martin Marietta Materials, Inc. for these reasons: Dependency on the construction industry, which is subject to economic cycles and fluctuations, posing risks to revenue and profitability. Competition from other players in the construction materials market, potentially impacting market share and pricing power. Regulatory and environmental challenges in the industry, such as compliance with environmental regulations and obtaining necessary permits, which could increase costs and affect operations. Exposure to raw material price volatility, particularly for aggregates and heavy-side building materials, which could impact profit margins. Uncertainty in global economic conditions and geopolitical factors, which may affect demand for construction materials and infrastructure projects. MLM Stock Analysis - Frequently Asked Questions Should I buy or sell Martin Marietta Materials stock right now? 15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Martin Marietta Materials in the last year. There are currently 1 sell rating, 3 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? 15 equities research analysts have issued 1 year target prices for Martin Marietta Materials' stock. Their MLM share price targets range from $350.00 to $550.00. On average, they expect the company's stock price to reach $471.79 in the next year. This suggests a possible upside of 2.0% from the stock's current price. View analysts price targets for MLM or view top-rated stocks among Wall Street analysts. How have MLM shares performed in 2023? Martin Marietta Materials' stock was trading at $337.97 on January 1st, 2023. Since then, MLM stock has increased by 36.9% and is now trading at $462.59. View the best growth stocks for 2023 here. When is Martin Marietta Materials' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 21st 2024. View our MLM earnings forecast. How were Martin Marietta Materials' earnings last quarter? Martin Marietta Materials, Inc. (NYSE:MLM) issued its earnings results on Wednesday, November, 1st. The construction company reported $6.94 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $6.04 by $0.90. The construction company earned $1.99 billion during the quarter, compared to analyst estimates of $1.99 billion. Martin Marietta Materials had a trailing twelve-month return on equity of 14.89% and a net margin of 16.10%. The firm's revenue for the quarter was up 10.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.69 EPS. 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 declared a quarterly dividend on Friday, November 10th. Investors of record on Friday, December 1st will be given a dividend of $0.74 per share on Friday, December 29th. This represents a $2.96 dividend on an annualized basis and a yield of 0.64%. The ex-dividend date is Thursday, November 30th. 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 0.63%. 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 17.18%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MLM will have a dividend payout ratio of 14.19% 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 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 variety of retail and institutional investors. Top institutional investors include Aristotle Capital Management LLC (5.03%), Baillie Gifford & Co. (4.47%), JPMorgan Chase & Co. (3.30%), FMR LLC (2.97%), Principal Financial Group Inc. (1.55%) and Morgan Stanley (1.21%). Insiders that own company stock include C Howard Nye, Craig M Latorre and John P Mohr. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NYSE:MLM) was last updated on 12/7/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Martin Marietta Materials, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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