NYSE:MLM Martin Marietta Materials (MLM) Stock Forecast, Price & News $427.26 +1.86 (+0.44%) (As of 06/9/2023 ET) Add Compare Share Share Today's Range$422.48▼$428.0550-Day Range$337.06▼$427.2652-Week Range$284.99▼$428.60Volume365,778 shsAverage Volume341,790 shsMarket Capitalization$26.48 billionP/E Ratio27.58Dividend Yield0.62%Price Target$412.75 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Martin Marietta Materials MarketRank™ ForecastAnalyst RatingModerate Buy2.77 Rating ScoreUpside/Downside3.4% Downside$412.75 Price TargetShort InterestHealthy0.99% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-5.65Upright™ Environmental ScoreNews Sentiment0.75Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth14.74%From $15.94 to $18.29 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.2.02 out of 5 starsConstruction Sector58th out of 98 stocksMining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry12th out of 19 stocks 1.4 Analyst's Opinion Consensus RatingMartin Marietta Materials has received a consensus rating of Buy. The company's average rating score is 2.77, and is based on 10 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $412.75, Martin Marietta Materials has a forecasted downside of 3.4% from its current price of $427.26.Amount of Analyst CoverageMartin Marietta Materials has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.99% 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 1.7, 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 24.00%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldMartin Marietta Materials has a dividend yield of 0.62%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthMartin Marietta Materials has been increasing its dividend for 7 years.Dividend CoverageThe dividend payout ratio of Martin Marietta Materials is 17.04%. 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 14.43% 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 2.6 News and Social Media Coverage News SentimentMartin Marietta Materials has a news sentiment score of 0.75. 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 news sentiment score is similar to the average news sentiment of Construction companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Martin Marietta Materials this week, compared to 4 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 -93% compared to the previous 30 days.MarketBeat Follows6 people have added Martin Marietta Materials to their MarketBeat watchlist in the last 30 days. This is an increase of 200% 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 0.61% of the stock of Martin Marietta Materials is held by insiders.Percentage Held by Institutions93.07% 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 14.74% in the coming year, from $15.94 to $18.29 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Martin Marietta Materials is 27.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.43.Price to Earnings Ratio vs. SectorThe P/E ratio of Martin Marietta Materials is 27.58, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 12.80.Price to Earnings Growth RatioMartin Marietta Materials has a PEG Ratio of 1.70. 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 3.70. 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. engages in the provision of aggregates including crushed stone, sand, and gravel through its network of quarries and distribution yards. It operates through the following geographical segments: East Group and West Group. The East Group segments provide aggregated products only. The West Group offers aggregates, as well as cement and downstream products including mixed concrete, asphalt, and paving services. The company was founded in November 1993 and is headquartered in Raleigh, NC.Read More 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 Stock News HeadlinesJune 8, 2023 | finance.yahoo.comD.R. Horton (DHI) Reaches 52-Week High: What's Driving It?June 7, 2023 | finance.yahoo.comMartin Marietta Looks Strong Enough to Build on Its GainsJune 10, 2023 | Vantage Point (Ad)Trade Smarter: Discover Hidden Opportunities w/ A.I.There’s a tool that scans and picks the best stocks…how you approach the trades is up to you. But when you’re forecasting 1 – 3 days in advance, it’s not really a guessing game. Stop guessing and start predicting to add consistency to your trades… no matter what happens in the market. June 2, 2023 | msn.comHere's How Much You Would Have Made Owning Martin Marietta Materials Stock In The Last 10 YearsJune 2, 2023 | finance.yahoo.comTREX Expands Product Portfolio With New Trex Select T-RailMay 29, 2023 | americanbankingnews.comMartin Marietta Materials, Inc. (NYSE:MLM) Declares $0.66 Quarterly DividendMay 27, 2023 | americanbankingnews.comShort Interest in Martin Marietta Materials, Inc. (NYSE:MLM) Drops By 24.0%May 24, 2023 | finance.yahoo.comIs It Time To Consider Buying Martin Marietta Materials, Inc. (NYSE:MLM)?June 10, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 18, 2023 | benzinga.comIf You Invested $100 In This Stock 20 Years Ago, You Would Have $1,200 TodayMay 18, 2023 | msn.comMartin Marietta (MLM) Reaches 52-Week High: Pricing StrongMay 18, 2023 | americanbankingnews.comBrokerages Set Martin Marietta Materials, Inc. (NYSE:MLM) Target Price at $412.75May 14, 2023 | americanbankingnews.comMartin Marietta Materials (NYSE:MLM) Price Target Raised to $465.00 at DA DavidsonMay 13, 2023 | msn.comMartin Marietta Materials (MLM) Declares $0.66 DividendMay 13, 2023 | americanbankingnews.comDA Davidson Boosts Martin Marietta Materials (NYSE:MLM) Price Target to $465.00May 13, 2023 | americanbankingnews.comSeaport Res Ptn Analysts Reduce Earnings Estimates for Martin Marietta Materials, Inc. (NYSE:MLM)May 11, 2023 | msn.comDA Davidson Maintains Martin Marietta Materials (MLM) Buy RecommendationMay 11, 2023 | finance.yahoo.comWhat Makes Martin Marietta (MLM) a Strong Momentum Stock: Buy Now?May 10, 2023 | americanbankingnews.comBrokers Issue Forecasts for Martin Marietta Materials, Inc.'s Q2 2023 Earnings (NYSE:MLM)May 9, 2023 | finance.yahoo.comWhy Martin Marietta (MLM) is a Top Growth Stock for the Long-TermMay 9, 2023 | americanbankingnews.comLoop Capital Raises Martin Marietta Materials (NYSE:MLM) Price Target to $475.00May 8, 2023 | msn.comStephens & Co. Maintains Martin Marietta Materials (MLM) Overweight RecommendationMay 8, 2023 | americanbankingnews.comJPMorgan Chase & Co. Increases Martin Marietta Materials (NYSE:MLM) Price Target to $450.00May 7, 2023 | seekingalpha.comMartin Marietta Materials, Inc. (MLM) Q1 2023 Earnings Call TranscriptMay 6, 2023 | americanbankingnews.comMartin Marietta Materials (NYSE:MLM) Reaches New 12-Month High on Earnings BeatMay 6, 2023 | msn.comGoldman Sachs Maintains Martin Marietta Materials (MLM) Buy RecommendationMay 6, 2023 | msn.comRaymond James Maintains Martin Marietta Materials (MLM) Outperform RecommendationSee More Headlines MLM Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MLM Company Calendar Ex-Dividend for 3/31 Dividend3/03/2023Dividend Payable3/31/2023Last Earnings5/04/2023Ex-Dividend for 6/30 Dividend5/31/2023Today6/10/2023Dividend Payable6/30/2023Next Earnings (Estimated)7/27/2023Fiscal 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$412.75 High Stock Price Forecast$475.00 Low Stock Price Forecast$350.00 Forecasted Upside/Downside-3.4%Consensus RatingModerate Buy Rating Score (0-4)2.77 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$15.49 Trailing P/E Ratio27.58 Forward P/E Ratio26.80 P/E Growth1.7Net Income$866.80 million Net Margins15.39% Pretax Margin19.59% Return on Equity12.31% Return on Assets5.84% Debt Debt-to-Equity Ratio0.60 Current Ratio2.12 Quick Ratio1.40 Sales & Book Value Annual Sales$6.16 billion Price / Sales4.30 Cash Flow$20.38 per share Price / Cash Flow20.96 Book Value$115.52 per share Price / Book3.70Miscellaneous Outstanding Shares61,970,000Free Float61,591,000Market Cap$26.48 billion OptionableOptionable Beta0.85 Social Links Key ExecutivesC. Howard NyeChairman, President & Chief Executive OfficerJames A. J. NickolasChief Financial Officer & Senior Vice PresidentJohn P. MohrChief Information Officer & Senior Vice PresidentRoselyn R. BarSecretary, Executive VP & General CounselRobert J. CardinChief Accounting Officer, SVP & ControllerKey CompetitorsVulcan MaterialsNYSE:VMCUnited RentalsNYSE:URIQuanta ServicesNYSE:PWRWeyerhaeuserNYSE:WYRollinsNYSE:ROLView All CompetitorsInsiders & InstitutionsProShare Advisors LLCBought 3,210 shares on 5/26/2023Ownership: 0.018%Toroso Investments LLCBought 244 shares on 5/23/2023Ownership: 0.004%Ameriprise Financial Inc.Sold 3,019 shares on 5/22/2023Ownership: 0.195%New York State Common Retirement FundSold 1,992 shares on 5/18/2023Ownership: 0.133%Centaurus Financial Inc.Bought 29 shares on 5/18/2023Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions MLM Stock - 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 3 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" MLM shares. View MLM analyst ratings or view top-rated stocks. What is Martin Marietta Materials' stock price forecast for 2023? 13 analysts have issued 12 month price targets for Martin Marietta Materials' shares. Their MLM share price forecasts range from $350.00 to $475.00. On average, they anticipate the company's stock price to reach $412.75 in the next twelve months. This suggests that the stock has a possible downside of 3.4%. 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 26.4% and is now trading at $427.26. View the best growth stocks for 2023 here. Are investors shorting Martin Marietta Materials? Martin Marietta Materials saw a decrease in short interest in May. As of May 15th, there was short interest totaling 611,000 shares, a decrease of 24.0% from the April 30th total of 803,900 shares. Based on an average daily volume of 358,800 shares, the days-to-cover ratio is presently 1.7 days. Approximately 1.0% of the company's shares are sold short. 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 Thursday, July 27th 2023. View our MLM earnings forecast. How were Martin Marietta Materials' earnings last quarter? Martin Marietta Materials, Inc. (NYSE:MLM) announced its quarterly earnings data on Thursday, May, 4th. The construction company reported $2.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.99 by $1.17. The construction company earned $1.35 billion during the quarter, compared to analyst estimates of $1.27 billion. Martin Marietta Materials had a net margin of 15.39% and a trailing twelve-month return on equity of 12.31%. The business's quarterly revenue was up 10.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.39 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 Thursday, May 11th. Investors of record on Thursday, June 1st will be paid a dividend of $0.66 per share on Friday, June 30th. This represents a $2.64 dividend on an annualized basis and a yield of 0.62%. The ex-dividend date of this dividend is Wednesday, May 31st. 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 S&P 500 Equal Weight Materials ETF (RTM), Materials Select Sector SPDR Fund (XLB), Global X U.S. Infrastructure Development ETF (PAVE), Nuveen ESG Mid-Cap Value ETF (NUMV), Alger 35 ETF (ATFV), ClearBridge Focus Value ESG ETF (CFCV) and Vanguard Materials ETF (VAW). Is Martin Marietta Materials a good dividend stock? Martin Marietta Materials (NYSE:MLM) pays an annual dividend of $2.64 per share and currently has a dividend yield of 0.62%. The company has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 17.04%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MLM will have a dividend payout ratio of 14.43% 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, May, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $6.60 billion-$6.82 billion, compared to the consensus revenue estimate of $6.35 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." Who are Martin Marietta Materials' major shareholders? Martin Marietta Materials' stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.46%), Select Equity Group L.P. (5.47%), Aristotle Capital Management LLC (5.23%), Baillie Gifford & Co. (4.66%), State Street Corp (4.05%) and JPMorgan Chase & Co. (3.01%). Insiders that own company stock include C Howard Nye, John P Mohr, Roselyn R Bar, Stephen P Zelnak Jr 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 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 $427.26. How much money does Martin Marietta Materials make? Martin Marietta Materials (NYSE:MLM) has a market capitalization of $26.48 billion and generates $6.16 billion in revenue each year. The construction company earns $866.80 million in net income (profit) each year or $15.49 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 6/10/2023 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.