NYSE:MLM Martin Marietta Materials (MLM) Stock Price, News & Analysis $565.62 +18.58 (+3.40%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$547.10▼$572.9850-Day Range$529.98▼$583.1052-Week Range$389.90▼$626.67Volume379,198 shsAverage Volume436,068 shsMarket Capitalization$34.86 billionP/E Ratio16.76Dividend Yield0.52%Price Target$617.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Martin Marietta Materials alerts: Email Address Martin Marietta Materials MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.79 Rating ScoreUpside/Downside9.1% Upside$617.33 Price TargetShort InterestHealthy2.11% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-5.65Upright™ Environmental ScoreNews Sentiment1.44Based on 9 Articles This WeekInsider TradingN/AProj. Earnings Growth5.12%From $22.86 to $24.03 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.3.19 out of 5 starsConstruction Sector59th out of 101 stocksMining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry8th out of 20 stocks 1.4 Analyst's Opinion Consensus RatingMartin Marietta Materials has received a consensus rating of Moderate Buy. The company's average rating score is 2.79, and is based on 11 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageMartin Marietta Materials has only been the subject of 4 research reports in the past 90 days.Read more about Martin Marietta Materials' stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.11% 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 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Martin Marietta Materials has recently increased by 1.57%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend YieldMartin Marietta Materials has a dividend yield of 0.55%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthMartin Marietta Materials does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Martin Marietta Materials is 8.77%. 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 12.32% next year. This indicates that Martin Marietta Materials will be able to sustain or increase its dividend.Read more about Martin Marietta Materials' 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 3.6 News and Social Media Coverage News SentimentMartin Marietta Materials has a news sentiment score of 1.44. 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 0.59 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Martin Marietta Materials this week, compared to 8 articles on an average week.Search Interest12 people have searched for MLM on MarketBeat in the last 30 days. This is an increase of 500% compared to the previous 30 days.MarketBeat FollowsOnly 10 people have added Martin Marietta Materials to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 0.68% of the stock of Martin Marietta Materials is held by insiders.Percentage Held by Institutions95.04% 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.Read more about Martin Marietta Materials' insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Martin Marietta Materials are expected to grow by 5.12% in the coming year, from $22.86 to $24.03 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Martin Marietta Materials is 16.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.35.Price to Earnings Ratio vs. SectorThe P/E ratio of Martin Marietta Materials is 16.76, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 22.64.Price to Earnings Growth RatioMartin Marietta Materials has a PEG Ratio of 2.87. 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 4.35. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Martin Marietta Materials' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsNvidia’s Quiet $1 Trillion PivotNvidia recently added $277 billion in market cap … IN ONE DAY.Find out details on these three critical Nvidia partners immediately. 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. The company 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 HeadlinesJuly 26 at 3:58 PM | msn.comThis ‘old school’ investment strategy may be better for investors than flashier AI stocks, says Bank of AmericaJuly 24 at 4:54 PM | finance.yahoo.comMartin Marietta Materials, Inc.'s (NYSE:MLM) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?July 26, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.July 24 at 7:03 AM | investorplace.com3 Infrastructure Titans Ready to Soar on Government Spending: July 2024July 18, 2024 | insidermonkey.comWhy Are Hedge Funds Bullish On Martin Marietta Materials, Inc. (MLM) Right Now?July 18, 2024 | americanbankingnews.comMartin Marietta Materials (NYSE:MLM) Price Target Raised to $665.00 at Jefferies Financial GroupJuly 15, 2024 | globenewswire.comMartin Marietta Announces Second-Quarter 2024 Earnings Conference CallJune 19, 2024 | investorplace.com7 Can't-Miss Infrastructure Stocks No Matter Who Is PresidentJuly 26, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.May 30, 2024 | seekingalpha.comMartin Marietta Is Now A Much More Attractive InvestmentMay 29, 2024 | msn.com3 Dividend Stocks That Just Beat and Raised on EarningsMay 29, 2024 | news.yahoo.comMartin Marietta drilling in southern Howard County, officials sayMay 28, 2024 | seekingalpha.comBoise Cascade Company: Despite Roaring Higher, Shares Still Have Room To RunMay 16, 2024 | benzinga.com$100 Invested In Martin Marietta Materials 10 Years Ago Would Be Worth This Much TodayMay 16, 2024 | globenewswire.comMartin Marietta Declares Quarterly Cash DividendMay 11, 2024 | finance.yahoo.comDow Jones Futures: Inflation Reports Loom; Taiwan Semi Leads 5 Stocks In Buy ZonesMay 10, 2024 | finance.yahoo.comShareholders May Not Be So Generous With Martin Marietta Materials, Inc.'s (NYSE:MLM) CEO Compensation And Here's WhyMay 8, 2024 | prnewswire.comALBEMARLE AND MARTIN MARIETTA SIGN INNOVATIVE AGREEMENT FOR BENEFICIAL USE OF MATERIAL FROM KINGS MOUNTAIN MINESee 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 Last Earnings4/30/2024Ex-Dividend for 6/28 Dividend6/03/2024Dividend Payable6/28/2024Today7/26/2024Next Earnings (Confirmed)8/08/2024Fiscal 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$617.33 High Stock Price Target$737.00 Low Stock Price Target$490.00 Potential Upside/Downside+10.0%Consensus RatingModerate Buy Rating Score (0-4)2.79 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)$33.75 Trailing P/E Ratio16.63 Forward P/E Ratio24.56 P/E Growth2.87Net Income$1.17 billion Net Margins31.35% Pretax Margin40.99% Return on Equity14.74% Return on Assets7.70% Debt Debt-to-Equity Ratio0.44 Current Ratio3.16 Quick Ratio2.41 Sales & Book Value Annual Sales$6.78 billion Price / Sales5.11 Cash Flow$28.92 per share Price / Cash Flow19.41 Book Value$130.01 per share Price / Book4.32Miscellaneous Outstanding Shares61,640,000Free Float61,221,000Market Cap$34.60 billion OptionableOptionable Beta0.91 Social Links Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. C. Howard Nye (Age 61)Chairman, CEO & President Comp: $4.78MMr. James A. J. Nickolas (Age 53)Executive VP & CFO Comp: $2.41MMr. Robert J. Cardin (Age 61)Senior VP, Controller & Chief Accounting Officer Comp: $1.39MMs. Roselyn R. Bar (Age 65)Executive VP, General Counsel & Corporate Secretary Comp: $1.93MMr. Michael J. Petro (Age 40)Senior Vice President of Strategy & Development Comp: $1.32MSuzanne OsbergVice President of Investor RelationsMr. Kirk LightPresident of Cement & Southwest Ready MixOliver W. Brooks (Age 38)Senior Vice President of Enterprise Excellence Ron KopplinEast Division PresidentAbbott LawrenceWest Division PresidentMore ExecutivesKey CompetitorsVulcan MaterialsNYSE:VMCCEMEXNYSE:CXEagle MaterialsNYSE:EXPWest Fraser TimberNYSE:WFGArcosaNYSE:ACAView All CompetitorsInsiders & InstitutionsState of Michigan Retirement SystemSold 100 shares on 7/26/2024Ownership: 0.027%Cambridge Investment Research Advisors Inc.Sold 102 shares on 7/26/2024Ownership: 0.015%Alpha Omega Wealth Management LLCSold 75 shares on 7/26/2024Ownership: 0.009%Allspring Global Investments Holdings LLCBought 98 shares on 7/26/2024Ownership: 0.006%TFG Advisers LLCBought 20 shares on 7/26/2024Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions Should I Buy Martin Marietta Materials Stock? MLM Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Martin Marietta Materials, Inc.: Martin Marietta Materials stock has shown a consistent upward trend, currently trading at $567.80, with a 52-week high of $626.67. The company reported a strong quarterly earnings performance, surpassing analysts' expectations with $1.93 earnings per share. Analysts predict a solid EPS of 23.38 for the current fiscal year, indicating potential growth and profitability. Martin Marietta Materials has a moderate buy consensus rating from analysts, with a target price of $610.27, suggesting positive sentiment towards the stock. The company's dividend yield of 0.52% and a payout ratio of 8.77% provide investors with a steady income stream. Cons Investors should be bearish about investing in Martin Marietta Materials, Inc. for these reasons: The stock has experienced recent fluctuations, trading down to $534.66, indicating potential volatility in the market. Revenue for the company was down 7.6% on a year-over-year basis, signaling a decline in business performance. Market capitalization of $35.00 billion and a P/E ratio of 16.82 may suggest the stock is currently overvalued. While the company has a solid return on equity of 14.74%, the P/E/G ratio of 2.42 indicates a higher valuation compared to expected growth. With a beta of 0.93, the stock's price movement may be less volatile than the market, potentially limiting short-term gains for investors. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, July 7, 2024. Please send any questions or comments about these Martin Marietta Materials pros and cons to contact@marketbeat.com. MLM Stock Analysis - Frequently Asked Questions How have MLM shares performed this year? Martin Marietta Materials' stock was trading at $498.91 at the start of the year. Since then, MLM shares have increased by 13.4% and is now trading at $565.62. View the best growth stocks for 2024 here. How were Martin Marietta Materials' earnings last quarter? Martin Marietta Materials, Inc. (NYSE:MLM) posted its earnings results on Tuesday, April, 30th. The construction company reported $1.93 EPS for the quarter, topping analysts' consensus estimates of $1.88 by $0.05. Martin Marietta Materials's revenue was down 7.6% compared to the same quarter last year. Read the conference call transcript. 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. Who are Martin Marietta Materials' major shareholders? Martin Marietta Materials' top institutional investors include Baillie Gifford & Co. (3.58%), Bank of New York Mellon Corp (0.76%), Sumitomo Mitsui Trust Holdings Inc. (0.22%) and Raymond James & Associates (0.11%). Insiders that own company stock include C Howard Nye, Roselyn R Bar, Sue W Cole, John P Mohr and Craig M Latorre. 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. What other stocks do shareholders of Martin Marietta Materials own? Based on aggregate information from My MarketBeat watchlists, some other companies that Martin Marietta Materials investors own include NVIDIA (NVDA), AbbVie (ABBV), Micron Technology (MU), Vulcan Materials (VMC), Boeing (BA), Alibaba Group (BABA) and UnitedHealth Group (UNH). 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