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Chevron Delights Shareholders with $75 Billion in Share Buybacks
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DOW   32,920.46
QQQ   293.34
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The Next Big Crisis Is Here (Ad)
A Non-Salesy Annuity Guide To Buying Annuities
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Mergers and Acquisitions in 2023 Off To A Strong Start
Chevron Delights Shareholders with $75 Billion in Share Buybacks
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DOW   32,920.46
QQQ   293.34
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The Next Big Crisis Is Here (Ad)
A Non-Salesy Annuity Guide To Buying Annuities
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Is This The End of Capitalism? (Ad)
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NYSE:MLM

Martin Marietta Materials - MLM Stock Forecast, Price & News

$349.00
+1.58 (+0.45%)
(As of 01/26/2023 12:00 AM ET)
Add
Compare
Today's Range
$337.91
$349.00
50-Day Range
$336.20
$368.73
52-Week Range
$284.99
$406.85
Volume
498,276 shs
Average Volume
290,842 shs
Market Capitalization
$21.67 billion
P/E Ratio
25.99
Dividend Yield
0.76%
Price Target
$395.55

Martin Marietta Materials MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.82 Rating Score
Upside/​Downside
13.6% Upside
$396.36 Price Target
Short Interest
Bearish
2.35% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-5.65
Upright™ Environmental Score
News Sentiment
0.05mentions of Martin Marietta Materials in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
21.31%
From $12.39 to $15.03 Per Share

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 stars

Construction Sector

41st out of 108 stocks

Mining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry

8th out of 16 stocks


MLM stock logo

About Martin Marietta Materials (NYSE:MLM) Stock

Martin 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.

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MLM Stock News Headlines

Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
Is Martin Marietta Materials (MLM) a Good Stock To Buy?
What 6 Analyst Ratings Have To Say About Martin Marietta Materials
See More Headlines
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MLM Company Calendar

Last Earnings
11/02/2022
Ex-Dividend for 12/30 Dividend
11/30/2022
Dividend Payable
12/30/2022
Today
1/27/2023
Next Earnings (Confirmed)
2/15/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Mining & quarrying of nonmetallic minerals, except fuels
Sub-Industry
Construction Materials
CUSIP
57328410
Employees
10,000
Year Founded
1993

Price Target and Rating

Average Stock Price Forecast
$396.36
High Stock Price Forecast
$450.00
Low Stock Price Forecast
$350.00
Forecasted Upside/Downside
+13.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.82
Research Coverage
11 Analysts

Profitability

Net Income
$702.50 million
Pretax Margin
16.60%

Debt

Sales & Book Value

Annual Sales
$5.41 billion
Cash Flow
$19.66 per share
Book Value
$104.80 per share

Miscellaneous

Free Float
61,725,000
Market Cap
$21.67 billion
Optionable
Optionable
Beta
0.88

Social Links


Key Executives

  • C. Howard NyeC. Howard Nye
    Chairman, President & Chief Executive Officer
  • James A. J. Nickolas
    Chief Financial Officer & Senior Vice President
  • John P. MohrJohn P. Mohr
    Chief Information Officer & Senior Vice President
  • Roselyn R. BarRoselyn R. Bar
    Secretary, Executive VP & General Counsel
  • Robert J. Cardin
    Chief Accounting Officer, SVP & Controller













MLM Stock - Frequently Asked Questions

Should I buy or sell Martin Marietta Materials stock right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Martin Marietta Materials in the last year. There are currently 2 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities 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 brokerages have issued 12-month price targets for Martin Marietta Materials' stock. Their MLM share price forecasts range from $350.00 to $450.00. On average, they predict the company's stock price to reach $396.36 in the next twelve months. 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 2023. Since then, MLM stock has 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 during 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 days-to-cover ratio is currently 3.4 days. Currently, 2.1% of the company's stock 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 were Martin Marietta Materials' earnings last quarter?

Martin Marietta Materials, Inc. (NYSE:MLM) posted its quarterly earnings data on Wednesday, November, 2nd. The construction company reported $4.69 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $4.74 by $0.05. The construction company had revenue of $1.68 billion for the quarter, compared to analysts' expectations 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 announced 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 annualized dividend and a 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 17.56% 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 updated its FY 2022 earnings guidance on Wednesday, November, 9th. The company provided earnings per share (EPS) 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 a number of institutional and retail investors. Top institutional shareholders 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.

This page (NYSE:MLM) was last updated on 1/27/2023 by MarketBeat.com Staff