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

Martin Marietta Materials trades on the New York Stock Exchange (NYSE) under the ticker symbol "MLM."

Martin Marietta Materials announced a quarterly dividend on Thursday, November 7th. Stockholders of record on Monday, December 2nd will be paid a dividend of $0.55 per share on Tuesday, December 31st. This represents a $2.20 dividend on an annualized basis and a dividend yield of 0.82%. The ex-dividend date of this dividend is Friday, November 29th. View Martin Marietta Materials' Dividend History.

Martin Marietta Materials, Inc. (NYSE:MLM) released its earnings results on Tuesday, October, 29th. The construction company reported $3.96 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $3.50 by $0.46. The construction company had revenue of $1.42 billion for the quarter, compared to analysts' expectations of $1.33 billion. Martin Marietta Materials had a net margin of 12.35% and a return on equity of 11.52%. Martin Marietta Materials's quarterly revenue was up 16.4% on a year-over-year basis. During the same period last year, the business earned $2.85 EPS. View Martin Marietta Materials' Earnings History.

Martin Marietta Materials is scheduled to release their next quarterly earnings announcement on Tuesday, February 11th 2020. View Earnings Estimates for Martin Marietta Materials.

16 analysts have issued 1 year target prices for Martin Marietta Materials' stock. Their forecasts range from $194.00 to $336.00. On average, they expect Martin Marietta Materials' stock price to reach $273.08 in the next year. This suggests a possible upside of 2.4% from the stock's current price. View Analyst Price Targets for 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, 4 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Martin Marietta Materials.

Headlines about MLM stock have trended positive on Tuesday, according to InfoTrie. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Martin Marietta Materials earned a coverage optimism score of 3.0 on InfoTrie's scale. They also gave media headlines about the construction company a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the stock's share price in the immediate future. View News Stories for Martin Marietta Materials.

Martin Marietta Materials saw a drop in short interest in the month of December. As of December 13th, there was short interest totalling 1,370,000 shares, a drop of 19.9% from the November 28th total of 1,710,000 shares. Based on an average trading volume of 581,300 shares, the days-to-cover ratio is currently 2.4 days. Approximately 2.2% of the company's stock are short sold. View Martin Marietta Materials' Current Options Chain.

Some companies that are related to Martin Marietta Materials include Vulcan Materials (VMC), Teck Resources (TECK), Sociedad Quimica y Minera de Chile (SQM), Mdu Resources Group (MDU), Summit Materials (SUM), Compass Minerals International (CMP), Hecla Mining (HL), LYNAS CORP LTD/S (LYSDY), United States Lime & Minerals (USLM), U.S. Silica (SLCA), Ciner Resources (CINR), Intrepid Potash (IPI), Smart Sand (SND), Hi-Crush (HCR) and Piedmont Lithium (PLL).

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), Netflix (NFLX), Boeing (BA), Alibaba Group (BABA), Bank of America (BAC), Broadcom (AVGO), NVIDIA (NVDA) and UnitedHealth Group (UNH).

Martin Marietta Materials' stock is owned by a number of of institutional and retail investors. Top institutional investors include Douglass Winthrop Advisors LLC (0.45%), Scout Investments Inc. (0.18%), Heritage Investors Management Corp (0.15%), Gateway Investment Advisers LLC (0.08%), Tocqueville Asset Management L.P. (0.08%) and OLD National Bancorp IN (0.05%). Company insiders that own Martin Marietta Materials stock include C Howard Nye, 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.

MLM stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc., Douglass Winthrop Advisors LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Tributary Capital Management LLC, Heritage Investors Management Corp, Nisa Investment Advisors LLC, First National Bank of Omaha and State of Alaska Department of Revenue. Company insiders that have sold Martin Marietta Materials company stock in the last year include C Howard Nye, Donald A Mccunniff, Laree E Perez, Roselyn R Bar and Sue W Cole. View Insider Buying and Selling for Martin Marietta Materials.

MLM stock was purchased by a variety of institutional investors in the last quarter, including Gateway Investment Advisers LLC, Mitsubishi UFJ Asset Management UK Ltd., Red Spruce Capital LLC, Winslow Evans & Crocker Inc., Calamos Advisors LLC, AE Wealth Management LLC, Pennsylvania Trust Co and OLD National Bancorp IN. 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.

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.

One share of MLM stock can currently be purchased for approximately $266.74.

Martin Marietta Materials has a market capitalization of $16.67 billion and generates $4.24 billion in revenue each year. The construction company earns $470 million in net income (profit) each year or $8.09 on an earnings per share basis. Martin Marietta Materials employs 8,714 workers across the globe.View Additional Information About Martin Marietta Materials.

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

Martin Marietta Materials' mailing address is 2710 WYCLIFF ROAD, RALEIGH NC, 27607. The construction company can be reached via phone at 919-781-4550.