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

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

Martin Marietta Materials announced a quarterly dividend on Wednesday, August 14th. Stockholders of record on Tuesday, September 3rd will be paid a dividend of $0.55 per share on Monday, September 30th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 0.87%. The ex-dividend date is Friday, August 30th. This is an increase from Martin Marietta Materials's previous quarterly dividend of $0.48. View Martin Marietta Materials' Dividend History.

Martin Marietta Materials, Inc. (NYSE:MLM) posted its earnings results on Tuesday, July, 30th. The construction company reported $3.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.08 by $0.07. The construction company had revenue of $1.28 billion for the quarter, compared to analysts' expectations of $1.27 billion. Martin Marietta Materials had a net margin of 11.37% and a return on equity of 10.35%. The company's revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.25 EPS. View Martin Marietta Materials' Earnings History.

Martin Marietta Materials is scheduled to release their next quarterly earnings announcement on Tuesday, November 5th 2019. View Earnings Estimates for Martin Marietta Materials.

Martin Marietta Materials updated its FY 2019 earnings guidance on Tuesday, July, 30th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $4.535-4.73 billion, compared to the consensus revenue estimate of $4.34 billion.

14 analysts have issued twelve-month price objectives for Martin Marietta Materials' shares. Their predictions range from $179.00 to $290.00. On average, they anticipate Martin Marietta Materials' share price to reach $224.5554 in the next year. This suggests that the stock has a possible downside of 11.0%. View Analyst Price Targets for Martin Marietta Materials.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Martin Marietta Materials in the last year. There are currently 1 sell rating, 2 hold ratings and 11 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 recently, InfoTrie reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand news and blog 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 media sentiment score of 2.5 on InfoTrie's scale. They also assigned news headlines about the construction company a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the company's share price in the next few days. View News Stories for Martin Marietta Materials.

Martin Marietta Materials saw a decline in short interest in July. As of July 31st, there was short interest totalling 1,924,800 shares, a decline of 15.3% from the June 30th total of 2,273,700 shares. Based on an average daily volume of 587,500 shares, the short-interest ratio is currently 3.3 days. Currently, 3.1% of the shares of the company 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), LYNAS CORP LTD/S (LYSDY), U.S. Silica (SLCA), Hecla Mining (HL), United States Lime & Minerals (USLM), Intrepid Potash (IPI), Ciner Resources (CINR), Hi-Crush (HCR), Smart Sand (SND) 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), Netflix (NFLX), Alibaba Group (BABA), NVIDIA (NVDA), Micron Technology (MU), salesforce.com (CRM), Adobe (ADBE), Alphabet (GOOG), Boeing (BA) and Visa (V).

Martin Marietta Materials' stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.95%), BlackRock Inc. (6.24%), BlackRock Inc. (6.24%), Baillie Gifford & Co. (4.61%), JPMorgan Chase & Co. (3.90%) and Egerton Capital UK LLP (3.44%). 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 Findlay Park Partners LLP, Iridian Asset Management LLC CT, Point72 Asset Management L.P., Morgan Stanley, TimesSquare Capital Management LLC, Balyasny Asset Management LLC, Bank of America Corp DE and Price T Rowe Associates Inc. MD. 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 acquired by a variety of institutional investors in the last quarter, including CIBC Private Wealth Group LLC, Nuveen Asset Management LLC, Prudential PLC, Bank of New York Mellon Corp, Scout Investments Inc., Vanguard Group Inc., Carillon Tower Advisers Inc. and Cibc World Markets Corp. 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, Scottrade, Fidelity and Charles Schwab.

One share of MLM stock can currently be purchased for approximately $252.33.

Martin Marietta Materials has a market capitalization of $15.76 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.