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NYSE:MLM - Martin Marietta Materials Stock Price, Forecast & News

$181.22
-13.70 (-7.03 %)
(As of 03/29/2020 05:16 AM ET)
Today's Range
$178.88
Now: $181.22
$191.70
50-Day Range
$144.12
MA: $225.76
$276.79
52-Week Range
$135.08
Now: $181.22
$281.82
Volume911,175 shs
Average Volume1.01 million shs
Market Capitalization$11.27 billion
P/E Ratio18.61
Dividend Yield1.13%
Beta1.01
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 offers crushed stone, sand, and gravel products; ready mixed concrete and asphalt; paving products and services; 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.
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Martin Marietta Materials logo

Industry, Sector and Symbol

Industry Mining & quarrying of nonmetallic minerals, except fuels
Sub-IndustryConstruction Materials
SectorConstruction
CUSIP57328410
Phone919-781-4550

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.74 billion
Cash Flow$14.63 per share
Book Value$85.65 per share

Profitability

Net Income$611.90 million

Miscellaneous

Employees8,846
Market Cap$11.27 billion
Next Earnings Date5/5/2020 (Estimated)
OptionableOptionable

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Martin Marietta Materials (NYSE:MLM) Frequently Asked Questions

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

Martin Marietta Materials' stock was trading at $206.51 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MLM stock has decreased by 12.2% and is now trading at $181.22. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Martin Marietta Materials?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Martin Marietta Materials in the last year. There are currently 2 sell ratings, 5 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Martin Marietta Materials.

When is Martin Marietta Materials' next earnings date?

Martin Marietta Materials is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for Martin Marietta Materials.

How were Martin Marietta Materials' earnings last quarter?

Martin Marietta Materials, Inc. (NYSE:MLM) announced its earnings results on Tuesday, February, 11th. The construction company reported $2.09 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.18 by $0.09. The construction company had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.10 billion. Martin Marietta Materials had a net margin of 12.91% and a return on equity of 11.81%. The company's quarterly revenue was up 7.9% on a year-over-year basis. During the same period in the previous year, the business earned $1.50 EPS. 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, February 20th. Stockholders of record on Monday, March 2nd will be given a dividend of $0.55 per share on Tuesday, March 31st. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.21%. The ex-dividend date is Friday, February 28th. View Martin Marietta Materials' dividend history.

What guidance has Martin Marietta Materials issued on next quarter's earnings?

Martin Marietta Materials issued an update on its FY 2020 Pre-Market earnings guidance on Tuesday, February, 11th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $4.875-5.075 billion, compared to the consensus revenue estimate of $4.73 billion.

What price target have analysts set for MLM?

16 brokerages have issued 12-month price objectives for Martin Marietta Materials' stock. Their forecasts range from $213.00 to $310.00. On average, they expect Martin Marietta Materials' share price to reach $272.29 in the next twelve months. This suggests a possible upside of 50.3% from the stock's current price. View analysts' price targets for Martin Marietta Materials.

Has Martin Marietta Materials been receiving favorable news coverage?

News headlines about MLM stock have trended somewhat positive recently, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Martin Marietta Materials earned a daily sentiment score of 1.2 on InfoTrie's scale. They also gave press coverage about the construction company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutMartin Marietta Materials.

Are investors shorting Martin Marietta Materials?

Martin Marietta Materials saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 1,037,100 shares, an increase of 10.3% from the February 27th total of 940,400 shares. Based on an average daily volume of 586,500 shares, the short-interest ratio is presently 1.8 days. Approximately 1.7% of the shares of the company are sold short. View Martin Marietta Materials' Current Options Chain.

Who are some of Martin Marietta Materials' key 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 Vulcan Materials (VMC), AbbVie (ABBV), Micron Technology (MU), Alibaba Group (BABA), UnitedHealth Group (UNH), Netflix (NFLX), Boeing (BA), Bank of America (BAC), Broadcom (AVGO) and Costco Wholesale (COST).

Who are Martin Marietta Materials' key executives?

Martin Marietta Materials' management team includes the following people:
  • Mr. C. Howard Nye, Chairman, CEO & Pres (Age 56)
  • Mr. James A. J. Nickolas, Sr. VP, CFO & Principal Accounting Officer (Age 48)
  • Ms. Roselyn R. Bar, Exec. VP, Gen. Counsel & Corp. Sec. (Age 60)
  • Mr. Donald A. McCunniff, Sr. VP of HR (Age 62)
  • Mr. Daniel L. Grant, Sr. VP of Strategy & Devel. (Age 64)

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 Baillie Gifford & Co. (4.36%), State Street Corp (4.19%), Gardner Russo & Gardner LLC (2.70%), FMR LLC (2.62%), Principal Financial Group Inc. (2.42%) and William Blair Investment Management LLC (1.66%). Company insiders that own Martin Marietta Materials stock include C Howard Nye, Donald A Mccunniff, John J Koraleski, John P Mohr, 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 institutional investors are selling Martin Marietta Materials stock?

MLM stock was sold by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main, TD Asset Management Inc., Principal Financial Group Inc., Iridian Asset Management LLC CT, Eagle Asset Management Inc., Bank of New York Mellon Corp, and Nitorum Capital L.P.. Company insiders that have sold Martin Marietta Materials company stock in the last year include C Howard Nye, Donald A Mccunniff, Laree E Perez, and Roselyn R Bar. View insider buying and selling activity for Martin Marietta Materials.

Which institutional investors are buying Martin Marietta Materials stock?

MLM stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, M&G Investment Management Ltd., Janus Henderson Group PLC, State of Tennessee Treasury Department, Marshall Wace LLP, Kornitzer Capital Management Inc. KS, Nuveen Asset Management LLC, and Geode Capital Management LLC. 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.

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, Robinhood, Fidelity, and Charles Schwab.

What is Martin Marietta Materials' stock price today?

One share of MLM stock can currently be purchased for approximately $181.22.

How big of a company is Martin Marietta Materials?

Martin Marietta Materials has a market capitalization of $11.27 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. View additional information about Martin Marietta Materials.

What is Martin Marietta Materials' official website?

The official website for Martin Marietta Materials is http://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.


MarketBeat Community Rating for Martin Marietta Materials (NYSE MLM)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  411 (Vote Outperform)
Underperform Votes:  404 (Vote Underperform)
Total Votes:  815
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.
This page was last updated on 3/29/2020 by MarketBeat.com Staff

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