Martin Marietta Materials, Inc., a natural-resource-based building materials company, supplies aggregates and heavy building materials to the construction industry in the United States and internationally. The company provides crushed stone, sand, and gravel products; ready mixed concrete, and asphalt and paving products; 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. It also manufactures and markets magnesia-based chemical products for the industrial, agricultural, and environmental applications; and dolomitic lime primarily for customers in the steel and mining industries, as well as provides road paving construction services. The company's chemical products are used in flame retardants, wastewater treatment, pulp and paper production, and other environmental applications. Martin Marietta Materials, Inc. was founded in 1993 and is headquartered in Raleigh, North Carolina.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Mining & quarrying of nonmetallic minerals, except fuels
Sub-IndustryConstruction Materials
SectorConstruction
SymbolNYSE:MLM
CUSIP57328410
Phone919-781-4550
Debt
Debt-to-Equity Ratio0.60
Current Ratio2.05
Quick Ratio1.14
Price-To-Earnings
Trailing P/E Ratio22.52
Forward P/E Ratio18.27
P/E Growth1.3
Sales & Book Value
Annual Sales$3.97 billion
Price / Sales2.57
Cash Flow$11.9050 per share
Price / Cash13.58
Book Value$74.49 per share
Price / Book2.17
Profitability
EPS (Most Recent Fiscal Year)$7.18
Net Income$713.34 million
Net Margins17.82%
Return on Equity10.52%
Return on Assets5.56%
Miscellaneous
Employees8,406
Outstanding Shares63,010,000
Market Cap$10.26 billion
Martin Marietta Materials (NYSE:MLM) Frequently Asked Questions
What is Martin Marietta Materials' stock symbol?
Martin Marietta Materials trades on the New York Stock Exchange (NYSE) under the ticker symbol "MLM."
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, August 23rd. Investors of record on Tuesday, September 4th will be paid a dividend of $0.48 per share on Friday, September 28th. This represents a $1.92 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date is Friday, August 31st. This is a boost from Martin Marietta Materials's previous quarterly dividend of $0.44. View Martin Marietta Materials' Dividend History.
How were Martin Marietta Materials' earnings last quarter?
Martin Marietta Materials, Inc. (NYSE:MLM) posted its quarterly earnings results on Thursday, July, 26th. The construction company reported $3.25 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $2.80 by $0.45. The construction company earned $1.20 billion during the quarter, compared to analysts' expectations of $1.21 billion. Martin Marietta Materials had a net margin of 17.82% and a return on equity of 10.52%. The company's revenue for the quarter was up 13.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.27 earnings per share. View Martin Marietta Materials' Earnings History.
When is Martin Marietta Materials' next earnings date?
What price target have analysts set for MLM?
8 analysts have issued 12-month target prices for Martin Marietta Materials' shares. Their forecasts range from $179.00 to $260.00. On average, they expect Martin Marietta Materials' stock price to reach $216.7143 in the next twelve months. This suggests a possible upside of 34.0% from the stock's current price. View Analyst Price Targets for Martin Marietta Materials.
What is the consensus analysts' recommendation for Martin Marietta Materials?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Martin Marietta Materials in the last year. There are currently 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Martin Marietta Materials.
Who are some of Martin Marietta Materials' key competitors?
Some companies that are related to Martin Marietta Materials include Teck Resources (TECK), Vulcan Materials (VMC), Sociedad Quimica y Minera de Chile (SQM), MDU Resources Group (MDU), Compass Minerals International (CMP), Summit Materials (SUM), Hecla Mining (HL), Fairmount Santrol (FMSA), U.S. Silica (SLCA), Hi-Crush Partners (HCLP), LYNAS Corp Ltd/S (LYSDY), Ciner Resources (CINR), Intrepid Potash (IPI), United States Lime & Minerals (USLM) and Smart Sand (SND).
Who are Martin Marietta Materials' key executives?
Martin Marietta Materials' management team includes the folowing people:
- Mr. C. Howard Nye, Chairman, CEO & Pres (Age 55)
- Mr. James A. J. Nickolas, Sr. VP & CFO (Age 47)
- Ms. Roselyn R. Bar, Exec. VP, Gen. Counsel & Corp. Sec. (Age 59)
- Mr. Donald A. McCunniff, Sr. VP of HR (Age 61)
- Mr. Daniel L. Grant, Sr. VP of Strategy & Devel. (Age 63)
Who are Martin Marietta Materials' major shareholders?
Martin Marietta Materials' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Douglass Winthrop Advisors LLC (0.42%), Bank of Montreal Can (0.22%), First Manhattan Co. (0.20%), Scout Investments Inc. (0.20%), Selz Capital LLC (0.09%) and Sumitomo Mitsui Asset Management Company LTD (0.08%). Company insiders that own Martin Marietta Materials stock include Anne H Lloyd, C Howard Nye, Dana F Guzzo, Daniel L Grant, Donald A Mccunniff, John J Koraleski, Laree E Perez, Michael J Quillen, Roselyn R Bar, Stephen P Zelnak Jr and Sue W Cole. View Institutional Ownership Trends for Martin Marietta Materials.
Which major investors are selling Martin Marietta Materials stock?
MLM stock was sold by a variety of institutional investors in the last quarter, including Selz Capital LLC, Nisa Investment Advisors LLC, Sumitomo Life Insurance Co., MainStreet Investment Advisors LLC, CENTRAL TRUST Co, First Manhattan Co., Huntington National Bank and Aperio Group LLC. Company insiders that have sold Martin Marietta Materials company stock in the last year include C Howard Nye, Donald A Mccunniff, Laree E Perez, Michael J Quillen, Roselyn R Bar and Sue W Cole. View Insider Buying and Selling for Martin Marietta Materials.
Which major investors are buying Martin Marietta Materials stock?
MLM stock was acquired by a variety of institutional investors in the last quarter, including Douglass Winthrop Advisors LLC, Scout Investments Inc., Bank of Montreal Can, Sumitomo Mitsui Asset Management Company LTD, First American Bank, New Jersey Better Educational Savings Trust, Tributary Capital Management LLC and BB&T Corp. Company insiders that have bought Martin Marietta Materials stock in the last two years include John J Koraleski and Stephen P Zelnak Jr. View Insider Buying and Selling for Martin Marietta Materials.
How do I buy shares of Martin Marietta Materials?
Shares of MLM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Martin Marietta Materials' stock price today?
One share of MLM stock can currently be purchased for approximately $161.67.
How big of a company is Martin Marietta Materials?
Martin Marietta Materials has a market capitalization of $10.26 billion and generates $3.97 billion in revenue each year. The construction company earns $713.34 million in net income (profit) each year or $7.18 on an earnings per share basis. Martin Marietta Materials employs 8,406 workers across the globe.
What is Martin Marietta Materials' official website?
How can I contact Martin Marietta Materials?
Martin Marietta Materials' mailing address is 2710 WYCLIFF ROAD, RALEIGH NC, 27607. The construction company can be reached via phone at 919-781-4550.
MarketBeat Community Rating for Martin Marietta Materials (NYSE MLM)
MarketBeat's community ratings are surveys of what our community members think about Martin Marietta Materials and other stocks. Vote "Outperform" if you believe MLM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MLM will underperform the S&P 500 over the long term. You may vote once every thirty days.
