NYSE:MLM

Martin Marietta Materials Stock Forecast, Price & News

$303.58

+0.75 (+0.25 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

$296.44

Now: $303.58▼

$304.43

50-Day Range

$259.70

MA: $282.06▼

$314.81

52-Week Range

$135.08

Now: $303.58▼

$319.01

Volume531,900 shs

Average Volume778,650 shs

Market Capitalization$18.91 billion

P/E Ratio28.37

Dividend Yield0.75%

Beta0.69

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. It offers crushed stone, sand, and gravel products; ready mixed concrete and asphalt; paving products and services; Portland and specialty cement used in the infrastructure projects, and nonresidential and residential construction markets, as well as in the railroad, agricultural, utility, and environmental industries. The company 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. Its chemical products are used in flame retardants, wastewater treatment, pulp and paper production, and other environmental applications. The company was founded in 1993 and is headquartered in Raleigh, North Carolina.

MarketRank^™

Overall MarketRank^™

1.75 out of 5 stars

Construction Sector

41st out of 183 stocks

Mining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry

4th out of 29 stocks

2.3 Analyst's Opinion

Consensus Rating
Martin Marietta Materials has received a consensus rating of Buy. The company's average rating score is 2.55, and is based on 11 buy ratings, 9 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $252.55, Martin Marietta Materials has a forecasted downside of 16.8% from its current price of $303.58.
Amount of Analyst Coverage
Martin Marietta Materials has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.5 Community Rank

Outperform Votes
Martin Marietta Materials has received 427 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Martin Marietta Materials has received 421 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Martin Marietta Materials has received 50.35% “outperform” votes from our community.

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.

1.7 Dividend Strength

Dividend Yield
Martin Marietta Materials has a dividend yield of 0.75%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Martin Marietta Materials has only been increasing its dividend for 4 years.
Dividend Coverage
The dividend payout ratio of Martin Marietta Materials is 23.41%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Martin Marietta Materials will have a dividend payout ratio of 21.82% next year. This indicates that Martin Marietta Materials will be able to sustain or increase its dividend.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In 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 $2,747,499.00 in company stock.
Percentage Held by Insiders
Only 0.73% of the stock of Martin Marietta Materials is held by insiders.
Percentage Held by Institutions
97.77% 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.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Martin Marietta Materials are expected to decrease by -2.88% in the coming year, from $10.76 to $10.45 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Martin Marietta Materials is 28.37, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.32.
Price to Earnings Ratio vs. Sector
The P/E ratio of Martin Marietta Materials is 28.37, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 32.45.
Price to Earnings Growth Ratio
Martin Marietta Materials has a PEG Ratio of 5.79. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Martin Marietta Materials has a P/B Ratio of 3.54. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Mining & quarrying of nonmetallic minerals, except fuels

Sub-IndustryConstruction Materials

SectorConstruction

Current SymbolNYSE:MLM

Previous Symbol

CUSIP57328410

CIK916076

Webwww.martinmarietta.com

Phone919-781-4550

Employees8,846

Debt

Debt-to-Equity Ratio0.46

Current Ratio3.27

Quick Ratio1.85

Price-To-Earnings

Trailing P/E Ratio28.37

Forward P/E Ratio28.21

P/E Growth5.79

Sales & Book Value

Annual Sales$4.74 billion

Price / Sales3.99

Cash Flow$15.66 per share

Price / Cash Flow19.39

Book Value$85.65 per share

Price / Book3.54

Profitability

EPS (Most Recent Fiscal Year)$9.74

Net Income$611.90 million

Net Margins14.38%

Return on Equity12.22%

Return on Assets6.48%

Miscellaneous

Outstanding Shares62,274,000

Market Cap$18.91 billion

Next Earnings Date2/9/2021 (Estimated)

OptionableOptionable

$303.58

+0.75 (+0.25 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Martin Marietta Materials (NYSE:MLM) Frequently Asked Questions

How has Martin Marietta Materials' stock been impacted by Coronavirus (COVID-19)?

Martin Marietta Materials' stock was trading at $206.51 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MLM stock has increased by 47.0% and is now trading at $303.58.
View which stocks have been most impacted by COVID-19.

Is Martin Marietta Materials a buy right now?

20 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Martin Marietta Materials in the last year. There are currently 9 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Martin Marietta Materials stock.
View analyst ratings for Martin Marietta Materials or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Martin Marietta Materials?

Wall Street analysts have given Martin Marietta Materials a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Martin Marietta Materials wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Martin Marietta Materials' next earnings date?

Martin Marietta Materials is scheduled to release its next quarterly earnings announcement on Tuesday, February 9th 2021.
View our earnings forecast for Martin Marietta Materials.

How were Martin Marietta Materials' earnings last quarter?

Martin Marietta Materials, Inc. (NYSE:MLM) released its quarterly earnings data on Thursday, October, 29th. The construction company reported $4.71 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $3.76 by $0.95. The construction company earned $1.32 billion during the quarter, compared to the consensus estimate of $1.35 billion. Martin Marietta Materials had a return on equity of 12.22% and a net margin of 14.38%. The business's revenue for the quarter was down 7.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $3.96 earnings per share.
View Martin Marietta Materials' earnings history.

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, November 12th. Investors of record on Tuesday, December 1st will be paid a dividend of $0.57 per share on Thursday, December 31st. This represents a $2.28 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date of this dividend is Monday, November 30th.
View Martin Marietta Materials' dividend history.

Is Martin Marietta Materials a good dividend stock?

Martin Marietta Materials pays an annual dividend of $2.28 per share and currently has a dividend yield of 0.75%. Martin Marietta Materials has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strock track record of dividend growth. The dividend payout ratio of Martin Marietta Materials is 23.41%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Martin Marietta Materials will have a dividend payout ratio of 21.82% next year. This indicates that Martin Marietta Materials will be able to sustain or increase its dividend.
View Martin Marietta Materials' dividend history.

What price target have analysts set for MLM?

20 Wall Street analysts have issued 12 month price objectives for Martin Marietta Materials' shares. Their forecasts range from $129.00 to $318.00. On average, they expect Martin Marietta Materials' stock price to reach $252.55 in the next year. This suggests that the stock has a possible downside of 16.8%.
View analysts' price targets for Martin Marietta Materials or view Wall Street analyst' top-rated stocks.

Who are some of Martin Marietta Materials' key competitors?

Some companies that are related to Martin Marietta Materials include Vulcan Materials (VMC), Sociedad Química y Minera de Chile (SQM), Teck Resources (TECK), MDU Resources Group (MDU), Lynas Rare Earths (LYSDY), Hecla Mining (HL), Summit Materials (SUM), Compass Minerals International (CMP), United States Lime & Minerals (USLM), U.S. Silica (SLCA), Piedmont Lithium (PLL), Intrepid Potash (IPI), Ciner Resources (CINR), Galiano Gold (GAU) and Centrus Energy (LEU).
View all of MLM's competitors.

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), The Boeing (BA), Alibaba Group (BABA), UnitedHealth Group (UNH), Broadcom (AVGO), salesforce.com (CRM) and Johnson & Johnson (JNJ).

Who are Martin Marietta Materials' key executives?

Martin Marietta Materials' management team includes the following people:

Mr. C. Howard Nye, Chairman, CEO & Pres (Age 57, Pay $2.83M)
Mr. James A. J. Nickolas, Sr. VP & CFO (Age 49, Pay $1.08M)
Ms. Roselyn R. Bar, Exec. VP, Gen. Counsel & Corp. Sec. (Age 61, Pay $1.23M)
Mr. Craig M. LaTorre, Sr. VP & Chief Human Resource Officer (Age 52, Pay $896.61k)
Mr. Daniel L. Grant, Sr. VP of Strategy & Devel. (Age 65, Pay $804.37k)
Mr. Jay Moreau, VP of Operations (Age 54)
Mr. Robert J. Cardin, Sr. VP, Controller & Chief Accounting Officer (Age 57)
Mr. John P. Mohr, Sr. VP & Chief Information Officer (Age 55)
Suzanne Osberg, VP of Investor Relations
Ms. Dana F. Guzzo, Sr. VP of Sustainability, Community Relations & Communications (Age 54)

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 investors include Scout Investments Inc. (0.17%), Gateway Investment Advisers LLC (0.08%), Douglas Lane & Associates LLC (0.08%), State of Alaska Department of Revenue (0.02%), IFM Investors Pty Ltd (0.01%) and Diversified Trust Co (0.01%). Company insiders that own Martin Marietta Materials stock include C Howard Nye, Donald A Mccunniff, John J Koraleski, John P Mohr, Laree E Perez, 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 Crossmark Global Holdings Inc., Rowland Carmichael Advisors Inc. ADV, Scout Investments Inc., State of Alaska Department of Revenue, Coastal Investment Advisors Inc., Diversified Trust Co, Gateway Investment Advisers LLC, and Arden Trust Co. Company insiders that have sold Martin Marietta Materials company stock in the last year include C Howard Nye, Roselyn R Bar, Stephen P Zelnak Jr, and Sue W Cole.
View insider buying and selling activity for Martin Marietta Materials or view top insider-selling stocks.

Which major investors are buying Martin Marietta Materials stock?

MLM stock was bought by a variety of institutional investors in the last quarter, including IFM Investors Pty Ltd, Louisiana State Employees Retirement System, Douglas Lane & Associates LLC, Huntington National Bank, Raymond James Trust N.A., Redpoint Investment Management Pty Ltd, and Carroll Financial Associates Inc.. Company insiders that have bought Martin Marietta Materials stock in the last two years include John J Koraleski, John P Mohr, and Stephen P Zelnak Jr.
View insider buying and selling activity for Martin Marietta Materials or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Martin Marietta Materials' stock price today?

One share of MLM stock can currently be purchased for approximately $303.58.

How big of a company is Martin Marietta Materials?

Martin Marietta Materials has a market capitalization of $18.91 billion and generates $4.74 billion in revenue each year. The construction company earns $611.90 million in net income (profit) each year or $9.74 on an earnings per share basis. Martin Marietta Materials employs 8,846 workers across the globe.

What is Martin Marietta Materials' official website?

The official website for Martin Marietta Materials is www.martinmarietta.com.

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.

This page was last updated on 1/18/2021 by MarketBeat.com Staff

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