NYSE:MLM Martin Marietta Materials - MLM Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $351.63 +2.63 (+0.75%) (As of 01/27/2023 03:23 PM ET) Add Compare Share Share Today's Range$347.50▼$351.6350-Day Range$336.20▼$368.7352-Week Range$284.99▼$406.85Volume120,746 shsAverage Volume335,791 shsMarket Capitalization$21.83 billionP/E Ratio26.18Dividend Yield0.76%Price Target$395.55 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Martin Marietta Materials MarketRank™ ForecastAnalyst RatingModerate Buy2.82 Rating ScoreUpside/Downside13.5% Upside$396.36 Price TargetShort InterestBearish2.35% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-5.65Upright™ Environmental ScoreNews Sentiment0.05Based on 9 Articles This WeekInsider TradingN/AProj. Earnings Growth21.23%From $12.39 to $15.02 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.2.12 out of 5 starsConstruction Sector52nd out of 108 stocksMining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry8th out of 16 stocks 2.4 Analyst's Opinion Consensus RatingMartin Marietta Materials has received a consensus rating of Buy. The company's average rating score is 2.82, and is based on 9 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $396.36, Martin Marietta Materials has a forecasted upside of 13.5% from its current price of $349.17.Amount of Analyst CoverageMartin Marietta Materials has only been the subject of 4 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.35% 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 4.Change versus previous monthShort interest in Martin Marietta Materials has recently increased by 3.57%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldMartin Marietta Materials has a dividend yield of 0.76%, 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 19.66%. 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 17.58% 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 2.2 News and Social Media Coverage News SentimentMartin Marietta Materials has a news sentiment score of 0.05. 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 lower news sentiment than the 0.64 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Martin Marietta Materials this week, compared to 4 articles on an average week.Search Interest2 people have searched for MLM on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Martin Marietta Materials to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% 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 0.59% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Martin Marietta Materials are expected to grow by 21.23% in the coming year, from $12.39 to $15.02 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Martin Marietta Materials is 26.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.82.Price to Earnings Ratio vs. SectorThe P/E ratio of Martin Marietta Materials is 26.00, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 17.24.Price to Earnings Growth RatioMartin Marietta Materials has a PEG Ratio of 1.77. 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 3.33. 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 HeadlinesJanuary 26, 2023 | americanbankingnews.comMartin Marietta Materials (NYSE:MLM) Cut to Neutral at Atlantic SecuritiesJanuary 25, 2023 | marketwatch.comMartin Marietta Materials Inc. stock rises Wednesday, outperforms marketJanuary 27, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…January 25, 2023 | finance.yahoo.comMartin Marietta Announces Fourth-Quarter and Full-Year 2022 Earnings Conference CallJanuary 25, 2023 | finance.yahoo.comMartin Marietta Announces Fourth-Quarter and Full-Year 2022 Earnings Conference CallJanuary 21, 2023 | americanbankingnews.comMartin Marietta Materials (NYSE:MLM) Price Target Cut to $397.00 by Analysts at Morgan StanleyJanuary 17, 2023 | americanbankingnews.comJefferies Financial Group Analysts Lift Earnings Estimates for Martin Marietta Materials, Inc. (NYSE:MLM)January 13, 2023 | finance.yahoo.comMartin Marietta Stock Can Thrive in Both Inflation and DeflationJanuary 27, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…January 13, 2023 | benzinga.comMartin Marietta Materials Stock (NYSE:MLM), Quotes and News SummaryDecember 26, 2022 | finance.yahoo.comIs Martin Marietta Materials (MLM) a Good Stock To Buy?December 22, 2022 | benzinga.comHopeful Golden Cross Forms On Martin Marietta Materials's ChartDecember 20, 2022 | finance.yahoo.comMartin Marietta (MLM) Sees 12.7% Six-Month Gains Amid InflationDecember 15, 2022 | marketwatch.comMartin Marietta Materials Inc. stock falls Thursday, underperforms marketDecember 14, 2022 | marketwatch.comMartin Marietta Materials Inc. stock falls Wednesday, underperforms marketDecember 14, 2022 | msn.comMachinery industry upgraded to Attractive at Morgan StanleyDecember 12, 2022 | seekingalpha.comSummit Materials: Good Growth Prospects At A Discount ValuationDecember 8, 2022 | markets.businessinsider.comWhat 6 Analyst Ratings Have To Say About Martin Marietta MaterialsDecember 3, 2022 | finance.yahoo.comWhy Is Martin Marietta (MLM) Up 10.2% Since Last Earnings Report?December 1, 2022 | finance.yahoo.comOffice makeover at former Raleigh HQ includes pickleball, golf, cafe and library (Renderings)November 29, 2022 | seekingalpha.comMartin Marietta Materials Is A Good Buy At The Current LevelsNovember 20, 2022 | finance.yahoo.comMartin Marietta Materials, Inc.'s (NYSE:MLM) Stock Is Going Strong: Is the Market Following Fundamentals?November 14, 2022 | finance.yahoo.comZacks Industry Outlook Highlights Vulcan Materials, Martin Marietta Materials, Eagle Materials and Summit MaterialsNovember 7, 2022 | msn.com6 Analysts Have This to Say About Martin Marietta MaterialsNovember 5, 2022 | finance.yahoo.comHere's Why We Think Martin Marietta Materials (NYSE:MLM) Might Deserve Your Attention TodayNovember 4, 2022 | finance.yahoo.comAnother buyout for Martin Marietta? CEO Ward Nye looking at opportunitiesNovember 4, 2022 | finance.yahoo.comBiz: Biltmore’s holiday splash; RTP scientist earns global recognitionSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Company Calendar Last Earnings11/02/2022Ex-Dividend for 12/30 Dividend11/30/2022Dividend Payable12/30/2022Today1/27/2023Next Earnings (Confirmed)2/15/2023Fiscal 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) 781-4550Fax919-783-4535Employees10,000Year Founded1993Price Target and Rating Average Stock Price Forecast$396.36 High Stock Price Forecast$450.00 Low Stock Price Forecast$350.00 Forecasted Upside/Downside+12.5%Consensus RatingModerate Buy Rating Score (0-4)2.82 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$13.43 Trailing P/E Ratio26.18 Forward P/E Ratio28.38 P/E Growth1.77Net Income$702.50 million Net Margins13.59% Pretax Margin16.60% Return on Equity11.43% Return on Assets5.27% Debt Debt-to-Equity Ratio0.63 Current Ratio2.01 Quick Ratio1.43 Sales & Book Value Annual Sales$5.41 billion Price / Sales4.03 Cash Flow$19.81 per share Price / Cash Flow17.75 Book Value$104.80 per share Price / Book3.36Miscellaneous Outstanding Shares62,091,000Free Float61,725,000Market Cap$21.83 billion OptionableOptionable Beta0.88 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:VMCQuanta ServicesNYSE:PWRWeyerhaeuserNYSE:WYRollinsNYSE:ROLHowmet AerospaceNYSE:HWMView All CompetitorsInsiders & InstitutionsM&G Investment Management Ltd.Sold 5,718 shares on 1/27/2023Ownership: 0.155%Arcus Capital Partners LLCBought 105 shares on 1/27/2023Ownership: 0.000%Comerica BankBought 94 shares on 1/26/2023Ownership: 0.013%Oregon Public Employees Retirement FundBought 48 shares on 1/26/2023Ownership: 0.008%Eagle Bay Advisors LLCBought 91 shares on 1/26/2023Ownership: 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? 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Martin Marietta Materials in the last twelve months. There are currently 2 hold ratings and 9 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? 11 equities research analysts have issued 12 month price targets for Martin Marietta Materials' shares. Their MLM share price forecasts range from $350.00 to $450.00. On average, they anticipate the company's stock price to reach $396.36 in the next year. This suggests a possible upside of 13.6% from the stock's current price. 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 at the beginning of the year. Since then, MLM shares have increased by 3.3% and is now trading at $349.00. View the best growth stocks for 2023 here. Are investors shorting Martin Marietta Materials? Martin Marietta Materials saw a increase in short interest in the month of December. As of December 15th, there was short interest totaling 1,320,000 shares, an increase of 7.3% from the November 30th total of 1,230,000 shares. Based on an average daily trading volume, of 389,000 shares, the short-interest ratio is currently 3.4 days. Approximately 2.1% 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 Wednesday, February 15th 2023. View our MLM earnings forecast. How can I listen to Martin Marietta Materials' earnings call? Martin Marietta Materials will be holding an earnings conference call on Wednesday, February 15th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Martin Marietta Materials' earnings last quarter? Martin Marietta Materials, Inc. (NYSE:MLM) posted its quarterly earnings results on Wednesday, November, 2nd. The construction company reported $4.69 earnings per share for the quarter, missing the consensus estimate of $4.74 by $0.05. The construction company earned $1.68 billion during the quarter, compared to analyst estimates of $1.67 billion. Martin Marietta Materials had a net margin of 13.59% and a trailing twelve-month return on equity of 11.43%. 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, November 10th. Stockholders of record on Thursday, December 1st will be paid a dividend of $0.66 per share on Friday, December 30th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 0.76%. The ex-dividend date of this dividend is Wednesday, November 30th. Read our dividend analysis for MLM. 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 0.76%. 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 19.66%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MLM will have a dividend payout ratio of 17.58% 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 2022 earnings guidance on Wednesday, November, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $5.74 billion-$5.84 billion, compared to the consensus revenue estimate of $5.85 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 many different institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (5.07%), DAVENPORT & Co LLC (0.70%), Ceredex Value Advisors LLC (0.33%), Strs Ohio (0.15%), Abeille Asset Management SA (0.11%) and Congress Asset Management Co. MA (0.11%). Insiders that own company stock include C Howard Nye, John J Koraleski, 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 $349.00. How much money does Martin Marietta Materials make? Martin Marietta Materials (NYSE:MLM) has a market capitalization of $21.67 billion and generates $5.41 billion in revenue each year. The construction company earns $702.50 million in net income (profit) each year or $13.43 on an earnings per share basis. How many employees does Martin Marietta Materials have? The company employs 10,000 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. 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