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Inflation hovers over shoppers seeking deals on Black Friday
THE BEST BLACK FRIDAY DEAL YET (Ad)
Macao awards casino licenses to MGM, Sands, Wynn, 3 others
US FCC bans sales, import of Chinese tech from Huawei, ZTE
THE BEST BLACK FRIDAY DEAL YET (Ad)
Sober or bright? Europe faces holidays during energy crunch
Court revives wrongful death claim in Ohio Walmart shooting
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
MarketBeat: Week in Review 11/21 - 11/25
See how to make money instead of spending it on Black Friday with this offer (Ad)
See the World with Dollar Flight Club's Lowest Price for Black Friday Weekend
Inflation hovers over shoppers seeking deals on Black Friday
THE BEST BLACK FRIDAY DEAL YET (Ad)
Macao awards casino licenses to MGM, Sands, Wynn, 3 others
US FCC bans sales, import of Chinese tech from Huawei, ZTE
THE BEST BLACK FRIDAY DEAL YET (Ad)
Sober or bright? Europe faces holidays during energy crunch
Court revives wrongful death claim in Ohio Walmart shooting
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
MarketBeat: Week in Review 11/21 - 11/25
See how to make money instead of spending it on Black Friday with this offer (Ad)
See the World with Dollar Flight Club's Lowest Price for Black Friday Weekend
Inflation hovers over shoppers seeking deals on Black Friday
THE BEST BLACK FRIDAY DEAL YET (Ad)
Macao awards casino licenses to MGM, Sands, Wynn, 3 others
US FCC bans sales, import of Chinese tech from Huawei, ZTE
THE BEST BLACK FRIDAY DEAL YET (Ad)
Sober or bright? Europe faces holidays during energy crunch
Court revives wrongful death claim in Ohio Walmart shooting
NYSE:MLM

Martin Marietta Materials - MLM Stock Forecast, Price & News

$367.59
+2.27 (+0.62%)
(As of 11/25/2022 04:00 PM ET)
Add
Compare
Today's Range
$363.74
$368.44
50-Day Range
$298.83
$367.59
52-Week Range
$284.99
$446.46
Volume
103,864 shs
Average Volume
366,847 shs
Market Capitalization
$22.82 billion
P/E Ratio
27.37
Dividend Yield
0.72%
Price Target
$400.33

Martin Marietta Materials MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
8.9% Upside
$400.33 Price Target
Short Interest
Healthy
2.08% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-5.65
Upright™ Environmental Score
News Sentiment
0.26mentions of Martin Marietta Materials in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
21.79%
From $12.85 to $15.65 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.40 out of 5 stars

Construction Sector

23rd out of 108 stocks

Mining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry

6th out of 16 stocks

MLM stock logo

About Martin Marietta Materials (NYSE:MLM) Stock

Martin Marietta Materials, Inc., a natural resource-based building materials company, supplies aggregates and heavy-side building materials to the construction industry in the United States and internationally. It offers crushed stone, sand, and gravel products; ready mixed concrete and asphalt; paving products and services; and 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. The company also produces magnesia-based chemicals products that are used in industrial, agricultural, and environmental applications; and dolomitic lime primarily to customers for steel production and soil stabilization. Its chemical products are used in flame retardants, wastewater treatment, pulp and paper production, and other environmental applications. The company was founded in 1939 and is headquartered in Raleigh, North Carolina.

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MLM Stock News Headlines

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Ph.D. Economist and Investor Nomi Prins is releasing details on her next stunning prediction… It involves “liquid energy” that is promising to trigger an energy revolution 117x bigger than all of the hottest tech trends combined. Even the world’s richest billionaires are investing in the tiny company behind it. And today, you can get in on this cutting-edge financial research at an incredible price tailor-made for Black Friday.
See how to make money instead of spending it on Black Friday with this offer
Ph.D. Economist and Investor Nomi Prins is releasing details on her next stunning prediction… It involves “liquid energy” that is promising to trigger an energy revolution 117x bigger than all of the hottest tech trends combined. Even the world’s richest billionaires are investing in the tiny company behind it. And today, you can get in on this cutting-edge financial research at an incredible price tailor-made for Black Friday.
Martin Marietta Materials, Inc. Q3 Profit Rises, Beats estimates
Martin Marietta Reports Third-Quarter 2022 Results
Martin Marietta (MLM) Q3 Earnings Miss Estimates
Martin Marietta Materials, Inc.
Martin Marietta Materials: Solid Growth Prospects
See More Headlines
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MLM Company Calendar

Last Earnings
11/02/2021
Ex-Dividend for 9/30 Dividend
8/31/2022
Dividend Payable
9/30/2022
Today
11/26/2022
Ex-Dividend for 12/30 Dividend
11/30/2022
Dividend Payable
12/30/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/09/2023

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
$400.33
High Stock Price Forecast
$450.00
Low Stock Price Forecast
$380.00
Forecasted Upside/Downside
+8.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
10 Analysts

Profitability

Net Income
$702.50 million
Pretax Margin
16.60%

Debt

Sales & Book Value

Annual Sales
$5.41 billion
Cash Flow
$19.69 per share
Book Value
$111.74 per share

Miscellaneous

Free Float
61,725,000
Market Cap
$22.82 billion
Optionable
Optionable
Beta
0.85

Social Links


Key Executives

  • Mr. C. Howard NyeMr. C. Howard Nye (Age 59)
    Chairman, CEO & Pres
    Comp: $3.58M
  • Mr. James A. J. Nickolas (Age 51)
    Sr. VP & CFO
    Comp: $1.47M
  • Mr. John P. MohrMr. John P. Mohr (Age 57)
    Sr. VP & Chief Information Officer
    Comp: $964.3k
  • Ms. Roselyn R. BarMs. Roselyn R. Bar (Age 63)
    Exec. VP, Gen. Counsel & Corp. Sec.
    Comp: $1.4M
  • Mr. Craig M. LaTorre (Age 54)
    Sr. VP & Chief Human Resource Officer
    Comp: $1.09M
  • Mr. Robert J. Cardin (Age 59)
    Sr. VP, Controller & Chief Accounting Officer
  • Suzanne Osberg
    VP of Investor Relations
  • Mr. Bob Meskimen
    Pres of Northwest Division and Sr. VP
  • Mr. Kirk Light
    Pres of Cement & Southwest Ready Mix
  • Mr. Michael J. Petro (Age 38)
    Sr. VP of Strategy & Devel.













MLM Stock - Frequently Asked Questions

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

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Martin Marietta Materials in the last year. There are currently 10 buy ratings for the stock. The consensus among Wall Street 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?

10 Wall Street analysts have issued 12-month target prices for Martin Marietta Materials' stock. Their MLM share price forecasts range from $380.00 to $450.00. On average, they predict the company's share price to reach $400.33 in the next year. This suggests a possible upside of 8.9% 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 2022?

Martin Marietta Materials' stock was trading at $440.52 at the beginning of 2022. Since then, MLM stock has decreased by 16.6% and is now trading at $367.59.
View the best growth stocks for 2022 here
.

When is Martin Marietta Materials' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 9th 2023.
View our MLM earnings forecast
.

How were Martin Marietta Materials' earnings last quarter?

Martin Marietta Materials, Inc. (NYSE:MLM) issued its quarterly earnings data on Tuesday, November, 2nd. The construction company reported $4.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.24 by $0.01. The construction company had revenue of $1.46 billion for the quarter, compared to analysts' expectations of $1.40 billion. Martin Marietta Materials had a net margin of 13.59% and a trailing twelve-month return on equity of 11.43%. During the same period last year, the company earned $4.71 earnings per share.
Read the conference call transcript
.

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, 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 dividend on an annualized basis and a dividend yield of 0.72%. The ex-dividend date 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 0.72%. 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 16.87% 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 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 Vanguard Group Inc. (11.21%), BlackRock Inc. (6.45%), Baillie Gifford & Co. (5.46%), State Street Corp (4.05%), CIBC Private Wealth Group LLC (1.76%) and Gardner Russo & Quinn LLC (1.72%). Insiders that own company stock include C Howard Nye, John J Koraleski, John P Mohr, 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 $367.59.

How much money does Martin Marietta Materials make?

Martin Marietta Materials (NYSE:MLM) has a market capitalization of $22.82 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 11/26/2022 by MarketBeat.com Staff