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

Martin Marietta Materials, Inc. (NYSE:MLM) released its quarterly earnings results on Tuesday, October, 29th. The construction company reported $3.96 earnings per share for the quarter, beating the 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 revenue for the quarter was up 16.4% compared to the same quarter last year. During the same period last year, the firm 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 brokerages have issued 12 month price targets for Martin Marietta Materials' stock. Their forecasts range from $194.00 to $336.00. On average, they expect Martin Marietta Materials' share price to reach $273.08 in the next twelve months. This suggests a possible upside of 1.9% 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.

Media coverage about MLM stock has trended extremely negative on Friday, according to InfoTrie. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Martin Marietta Materials earned a media sentiment score of -4.1 on InfoTrie's scale. They also assigned media stories about the construction company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Martin Marietta Materials.

Martin Marietta Materials saw a decline in short interest in December. As of December 13th, there was short interest totalling 1,370,000 shares, a decline of 19.9% from the November 28th total of 1,710,000 shares. Based on an average daily volume of 581,300 shares, the days-to-cover ratio is currently 2.4 days. Currently, 2.2% 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), 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), Netflix (NFLX), AbbVie (ABBV), Micron Technology (MU), Boeing (BA), Alibaba Group (BABA), Bank of America (BAC), Broadcom (AVGO), NVIDIA (NVDA) and salesforce.com (CRM).

Martin Marietta Materials' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Douglass Winthrop Advisors LLC (0.45%), Scout Investments Inc. (0.18%), Heritage Investors Management Corp (0.15%), Steginsky Capital LLC (0.14%), Gateway Investment Advisers LLC (0.08%) and Tocqueville Asset Management L.P. (0.08%). 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, Exane Derivatives, Nisa Investment Advisors LLC and First National Bank of Omaha. 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 Gateway Investment Advisers LLC, Mitsubishi UFJ Asset Management UK Ltd., Red Spruce Capital LLC, Convergence Investment Partners LLC, Wealthfront Advisers LLC, Winslow Evans & Crocker Inc., Calamos Advisors LLC and AE Wealth Management LLC. 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 $267.87.

Martin Marietta Materials has a market capitalization of $16.74 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.