NYSE:MLM Martin Marietta Materials Stock Forecast, Price & News Adding Choose a 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. Log In and Add $225.22 -1.76 (-0.78 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$224.10Now: $225.22▼$229.7450-Day Range$202.87MA: $213.41▼$226.9852-Week Range$135.08Now: $225.22▼$281.82Volume765,370 shsAverage Volume692,655 shsMarket Capitalization$14.02 billionP/E Ratio22.64Dividend Yield1.00%Beta0.92 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 1.3 Analyst's Opinion Consensus RatingMartin Marietta Materials has received a consensus rating of Buy. The company's average rating score is 2.61, and is based on 11 buy ratings, 7 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $237.39, Martin Marietta Materials has a forecasted upside of 5.4% from its current price of $225.22.Amount of Analyst CoverageMartin Marietta Materials has only been the subject of 2 research reports in the past 90 days. Previous Next 2.5 Community Rank Outperform VotesMartin Marietta Materials has received 420 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMartin Marietta Materials has received 412 “underperform” votes. (Add your “underperform” vote.)Community SentimentMartin Marietta Materials has received 50.48% “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. Previous Next 1.7 Dividend Strength Dividend YieldMartin Marietta Materials has a dividend yield of 1.00%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthMartin Marietta Materials has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Martin Marietta Materials is 23.41%. 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 23.17% next year. This indicates that Martin Marietta Materials will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Martin Marietta Materials insiders have sold 7,136.24% more of their company's stock than they have bought. Specifically, they have bought $3,507.00 in company stock and sold $253,775.00 in company stock.Percentage Held by InsidersOnly 0.73% of the stock of Martin Marietta Materials is held by insiders.Percentage Held by Institutions95.32% 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 1.3 Earnings and Valuation Earnings GrowthEarnings for Martin Marietta Materials are expected to grow by 4.24% in the coming year, from $9.44 to $9.84 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Martin Marietta Materials is 22.64, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.97.Price to Earnings Ratio vs. SectorThe P/E ratio of Martin Marietta Materials is 22.64, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 29.05.Price to Earnings Growth RatioMartin Marietta Materials has a PEG Ratio of 7.86. 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 2.63. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.3Community Rank: 2.5Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.54 out of 5 stars 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 Phone919-781-4550Debt Debt-to-Equity Ratio0.48 Current Ratio2.67 Quick Ratio1.47Price-To-Earnings Trailing P/E Ratio22.64 Forward P/E Ratio23.86 P/E Growth7.86 Sales & Book Value Annual Sales$4.74 billion Price / Sales2.96 Cash Flow$16.88 per share Price / Cash Flow13.34 Book Value$85.65 per share Price / Book2.63Profitability EPS (Most Recent Fiscal Year)$9.74 Net Income$611.90 million Net Margins13.12% Return on Equity11.62% Return on Assets6.07%Miscellaneous Employees8,846 Outstanding Shares62,269,000Market Cap$14.02 billion Next Earnings Date11/3/2020 (Estimated) OptionableOptionable $225.22 -1.76 (-0.78 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive MLM News and Ratings via Email Sign-up to receive the latest news and ratings for MLM and its competitors with MarketBeat's FREE daily newsletter. Martin Marietta Materials (NYSE:MLM) Frequently Asked Questions How has Martin Marietta Materials' stock been impacted by COVID-19? 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 (WHO). Since then, MLM shares have increased by 9.1% and is now trading at $225.22. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Martin Marietta Materials? 18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Martin Marietta Materials in the last year. There are currently 7 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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, November 3rd 2020. View our earnings forecast for Martin Marietta Materials. How were Martin Marietta Materials' earnings last quarter? Martin Marietta Materials, Inc. (NYSE:MLM) posted its quarterly earnings data on Tuesday, July, 28th. The construction company reported $3.49 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $3.04 by $0.45. The construction company had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.24 billion. Martin Marietta Materials had a return on equity of 11.62% and a net margin of 13.12%. The firm's revenue for the quarter was down .7% on a year-over-year basis. During the same period in the previous year, the business earned $3.01 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 declared a quarterly dividend on Thursday, August 13th. Stockholders of record on Tuesday, September 1st will be paid a dividend of $0.57 per share on Wednesday, September 30th. This represents a $2.28 annualized dividend and a dividend yield of 1.01%. The ex-dividend date is Monday, August 31st. This is a positive change from Martin Marietta Materials's previous quarterly dividend of $0.55. View Martin Marietta Materials' dividend history. What price target have analysts set for MLM? 18 brokers have issued 12-month price objectives for Martin Marietta Materials' shares. Their forecasts range from $129.00 to $300.00. On average, they anticipate Martin Marietta Materials' share price to reach $237.39 in the next year. This suggests a possible upside of 5.4% from the stock's current price. View analysts' price targets for Martin Marietta Materials. Are investors shorting Martin Marietta Materials? Martin Marietta Materials saw a decrease in short interest during the month of August. As of August 14th, there was short interest totaling 2,180,000 shares, a decrease of 13.1% from the July 30th total of 2,510,000 shares. Based on an average daily trading volume, of 619,400 shares, the days-to-cover ratio is currently 3.5 days. Currently, 3.5% of the company's stock are sold short. View Martin Marietta Materials' Short Interest. Who are some of Martin Marietta Materials' key competitors? Some companies that are related to Martin Marietta Materials include Vulcan Materials (VMC), Sociedad Quimica y Minera de Chile (SQM), Teck Resources (TECK), Mdu Resources Group (MDU), Hecla Mining (HL), Compass Minerals International (CMP), Summit Materials (SUM), LYNAS CORP LTD/S (LYSDY), United States Lime & Minerals (USLM), GalianoGoldInc . (GAU), U.S. Silica (SLCA), Ciner Resources (CINR), Intrepid Potash (IPI), Piedmont Lithium (PLL) and Covia (CVIA). View all 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), Vulcan Materials (VMC), Micron Technology (MU), Alibaba Group (BABA), Boeing (BA), Broadcom (AVGO), salesforce.com (CRM), UnitedHealth Group (UNH) 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 many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.07%), Gardner Russo & Gardner LLC (2.51%), Principal Financial Group Inc. (2.27%), Goldman Sachs Group Inc. (2.20%), FMR LLC (2.05%) and William Blair Investment Management LLC (1.92%). 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 Bank of New York Mellon Corp, Epoch Investment Partners Inc., FMR LLC, Gilder Gagnon Howe & Co. LLC, State of Tennessee Treasury Department, Vanguard Group Inc., Sumitomo Mitsui Trust Holdings Inc., and Gardner Russo & Gardner LLC. Company insiders that have sold Martin Marietta Materials company stock in the last year include C Howard Nye, Stephen P Zelnak Jr, and Sue W Cole. View insider buying and selling activity for Martin Marietta Materials. Which major investors are buying Martin Marietta Materials stock? MLM stock was purchased by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., DekaBank Deutsche Girozentrale, Manning & Napier Group LLC, Cannell Peter B & Co. Inc., Balyasny Asset Management LLC, KAMES CAPITAL plc, M&G Investment Management Ltd., and Silvercrest Asset Management Group 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 $225.22. How big of a company is Martin Marietta Materials? Martin Marietta Materials has a market capitalization of $14.02 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. 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