NYSE:MLM Martin Marietta Materials (MLM) Stock Forecast, Price & News $404.35 -1.35 (-0.33%) (As of 12:43 PM ET) Add Compare Share Share Today's Range$401.99▼$410.1150-Day Range$406.38▼$462.2452-Week Range$298.32▼$463.41Volume142,565 shsAverage Volume380,386 shsMarket Capitalization$25.06 billionP/E Ratio26.53Dividend Yield0.73%Price Target$469.21 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Martin Marietta Materials MarketRank™ ForecastAnalyst RatingModerate Buy2.57 Rating ScoreUpside/Downside15.7% Upside$469.21 Price TargetShort InterestHealthy0.88% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-5.65Upright™ Environmental ScoreNews Sentiment1.25Based on 7 Articles This WeekInsider TradingSelling Shares$1.06 M Sold Last QuarterProj. Earnings Growth13.01%From $17.75 to $20.06 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.2.82 out of 5 starsConstruction Sector14th out of 102 stocksMining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry2nd out of 18 stocks 3.3 Analyst's Opinion Consensus RatingMartin Marietta Materials has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 9 buy ratings, 4 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $469.21, Martin Marietta Materials has a forecasted upside of 15.7% from its current price of $405.70.Amount of Analyst CoverageMartin Marietta Materials has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.88% 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 1.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Martin Marietta Materials has recently decreased by 23.44%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldMartin Marietta Materials has a dividend yield of 0.72%, 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 19.42%. 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 14.76% 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 4.0 News and Social Media Coverage News SentimentMartin Marietta Materials has a news sentiment score of 1.25. 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 0.74 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Martin Marietta Materials this week, compared to 5 articles on an average week.Search Interest5 people have searched for MLM on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.MarketBeat Follows8 people have added Martin Marietta Materials to their MarketBeat watchlist in the last 30 days. This is an increase of 33% 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 $1,058,414.00 in 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 13.01% in the coming year, from $17.75 to $20.06 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Martin Marietta Materials is 26.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.09.Price to Earnings Ratio vs. SectorThe P/E ratio of Martin Marietta Materials is 26.62, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 13.58.Price to Earnings Growth RatioMartin Marietta Materials has a PEG Ratio of 1.22. 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 3.51. 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 (NYSE:MLM) StockMartin 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MLM Stock News HeadlinesSeptember 28, 2023 | benzinga.comIf You Invested $1000 In This Stock 20 Years Ago, You Would Have $11,000 TodaySeptember 22, 2023 | seekingalpha.comMartin Marietta Materials: Recent Correction Is A Buying Opportunity (Rating Upgrade)October 3, 2023 | Chaikin Analytics (Ad)Buy This Stock for AI Tidal Wave (not NVDA)The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.September 22, 2023 | msn.comTime For An Upgrade For Martin Marietta MaterialsSeptember 18, 2023 | marketwatch.comMartin Marietta Materials Inc. stock rises Monday, outperforms marketSeptember 15, 2023 | msn.comMartin Marietta Materials rated Reduce in new coverage at HSBCSeptember 14, 2023 | finance.yahoo.comHere’s How Martin Marietta Materials (MLM) Performed in Q2September 9, 2023 | markets.businessinsider.comMartin Marietta Materials (MLM): New Buy Recommendation for This Basic Materials GiantOctober 3, 2023 | Chaikin Analytics (Ad)Buy This Stock for AI Tidal Wave (not NVDA)The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.September 5, 2023 | finance.yahoo.comUnveiling Martin Marietta Materials (MLM)'s True Worth: A Comprehensive GuideSeptember 3, 2023 | insidermonkey.comIs Martin Marietta Materials (MLM) a Great Investment Choice?September 1, 2023 | benzinga.comHere's How Much $1000 Invested In Martin Marietta Materials 10 Years Ago Would Be Worth TodayAugust 25, 2023 | nasdaq.comJP Morgan Maintains Martin Marietta Materials (MLM) Neutral RecommendationAugust 24, 2023 | finance.yahoo.comMartin Marietta to Sell Certain West Coast Cement Operations to UNACEMAugust 18, 2023 | benzinga.comMartin Marietta Materials Stock (NYSE:MLM) Dividends: History, Yield and DatesAugust 18, 2023 | gurufocus.comIs Martin Marietta Materials Inc (MLM) Stock Fairly Valued?August 17, 2023 | benzinga.com(MLM) - Analyzing Martin Marietta Materials's Short InterestAugust 16, 2023 | finance.yahoo.comAdd 5 Low-Beta Stocks to Your Portfolio to Counter VolatilityAugust 15, 2023 | marketwatch.comMartin Marietta Materials Inc. stock falls Tuesday, still outperforms marketAugust 11, 2023 | benzinga.comHere's How Much You Would Have Made Owning Martin Marietta Materials Stock In The Last 5 YearsAugust 11, 2023 | msn.comMartin Marietta board hikes dividend by 12%August 7, 2023 | finance.yahoo.comDow Jones Chip Giant Intel, 3 Other Top Stocks To Buy And WatchAugust 4, 2023 | finance.yahoo.comMartin Marietta Materials (MLM) Rose on Improvement in Construction ActivityJuly 29, 2023 | finance.yahoo.comMartin Marietta Materials, Inc. (NYSE:MLM) Q2 2023 Earnings Call TranscriptJuly 28, 2023 | msn.comBarclays Maintains Martin Marietta Materials (MLM) Overweight RecommendationJuly 28, 2023 | markets.businessinsider.comMartin Marietta Materials, Inc. Bottom Line Retreats In Q2, but beats estimatesJuly 28, 2023 | reuters.comBuilding materials supplier Martin Marietta raises 2023 core earnings forecastSee 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 MLM Company Calendar Last Earnings7/27/2023Ex-Dividend for 9/29 Dividend8/31/2023Dividend Payable9/29/2023Today10/03/2023Next Earnings (Estimated)11/01/2023Fiscal Year End12/31/2023Get 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 Forecast$469.21 High Stock Price Forecast$550.00 Low Stock Price Forecast$350.00 Forecasted Upside/Downside+15.6%Consensus RatingModerate Buy Rating Score (0-4)2.57 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)$15.24 Trailing P/E Ratio26.62 Forward P/E Ratio22.86 P/E Growth1.22Net Income$866.80 million Net Margins14.68% Pretax Margin18.77% Return on Equity13.42% Return on Assets6.44% Debt Debt-to-Equity Ratio0.59 Current Ratio2.21 Quick Ratio1.55 Sales & Book Value Annual Sales$6.16 billion Price / Sales4.08 Cash Flow$20.07 per share Price / Cash Flow20.22 Book Value$115.52 per share Price / Book3.51Miscellaneous Outstanding Shares61,970,000Free Float61,603,000Market Cap$25.14 billion OptionableOptionable Beta0.91 Social Links Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. C. Howard Nye (Age 60)Chairman, CEO & Pres Comp: $4.2MMr. James A. J. Nickolas (Age 52)Exec. VP & CFO Comp: $1.46MMs. Roselyn R. Bar (Age 64)Exec. VP, Gen. Counsel & Corp. Sec. Comp: $1.35MMr. Robert J. Cardin (Age 60)Sr. VP, Controller & Chief Accounting Officer Suzanne OsbergVP of Investor RelationsMs. Kelly G. BennettSr. VP, Chief Human Resource Officer & Head of Inclusion & Engagement ProgramsMr. Kirk LightPres of Cement & Southwest Ready MixMr. Michael J. Petro (Age 39)Sr. VP of Strategy & Devel. Oliver W. BrooksSr. VP of Enterprise ExcellenceMr. Larry J. Roberts (Age 69)Pres of Southwest Division More ExecutivesKey CompetitorsVulcan MaterialsNYSE:VMCQuanta ServicesNYSE:PWRWeyerhaeuserNYSE:WYUnited RentalsNYSE:URINVRNYSE:NVRView All CompetitorsInsiders & InstitutionsFarther Finance Advisors LLCBought 63 shares on 9/12/2023Ownership: 0.000%Portside Wealth Group LLCBought 487 shares on 9/1/2023Ownership: 0.001%Wolverine Trading LLCBought 2,100 shares on 8/23/2023Ownership: 0.000%Comerica BankBought 171,714 shares on 8/22/2023Ownership: 0.277%Craig M LatorreSold 1,934 sharesTotal: $834,869.12 ($431.68/share)View All Insider TransactionsView All Institutional Transactions MLM Stock - Frequently Asked Questions Should I buy or sell Martin Marietta Materials stock right now? 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Martin Marietta Materials in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street 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 forecast for 2023? 14 analysts have issued 1 year price targets for Martin Marietta Materials' shares. Their MLM share price forecasts range from $350.00 to $550.00. On average, they anticipate the company's stock price to reach $469.21 in the next year. This suggests a possible upside of 15.6% 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 shares have increased by 20.0% and is now trading at $405.7250. View the best growth stocks for 2023 here. Are investors shorting Martin Marietta Materials? Martin Marietta Materials saw a decrease in short interest in the month of September. As of September 15th, there was short interest totaling 542,900 shares, a decrease of 23.4% from the August 31st total of 709,100 shares. Based on an average trading volume of 399,200 shares, the short-interest ratio is presently 1.4 days. Currently, 0.9% of the shares of the stock are short sold. View Martin Marietta Materials' Short Interest. When is Martin Marietta Materials' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023. View our MLM earnings forecast. How were Martin Marietta Materials' earnings last quarter? Martin Marietta Materials, Inc. (NYSE:MLM) announced its quarterly earnings results on Thursday, July, 27th. The construction company reported $5.60 earnings per share for the quarter, topping analysts' consensus estimates of $4.83 by $0.77. The construction company had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.82 billion. Martin Marietta Materials had a net margin of 14.68% and a trailing twelve-month return on equity of 13.42%. The firm's revenue for the quarter was up 10.9% compared to the same quarter last year. During the same quarter last year, the business earned $3.96 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, August 10th. Shareholders of record on Friday, September 1st will be given a dividend of $0.74 per share on Friday, September 29th. This represents a $2.96 annualized dividend and a dividend yield of 0.73%. The ex-dividend date of this dividend is Thursday, August 31st. This is an increase from the stock's previous quarterly dividend of $0.66. 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 Engine No. 1 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). 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 0.72%. 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 19.42%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MLM will have a dividend payout ratio of 14.76% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MLM. What guidance has Martin Marietta Materials issued on next quarter's earnings? Martin Marietta Materials issued an update on its FY 2023 earnings guidance on Thursday, July, 27th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $6.72 billion-$6.86 billion, compared to the consensus revenue estimate of $6.82 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). What is Martin Marietta Materials' stock symbol? Martin Marietta Materials trades on the New York Stock Exchange (NYSE) under the ticker symbol "MLM." 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. What is Martin Marietta Materials' stock price today? One share of MLM stock can currently be purchased for approximately $405.73. How much money does Martin Marietta Materials make? Martin Marietta Materials (NYSE:MLM) has a market capitalization of $25.14 billion and generates $6.16 billion in revenue each year. The construction company earns $866.80 million in net income (profit) each year or $15.24 on an earnings per share basis. How many employees does Martin Marietta Materials have? The company employs 9,400 workers across the globe. How can I contact Martin Marietta Materials? Martin Marietta Materials' mailing address is 2710 WYCLIFF ROAD, RALEIGH NC, 27607. The official website for the company is www.martinmarietta.com. The construction company can be reached via phone at (919) 781-4550, via email at suzanne.osberg@martinmarietta.com, or via fax at 919-783-4535. This page (NYSE:MLM) was last updated on 10/3/2023 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. 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