Martin Marietta Materials Stock Forecast, Price & News

Martin Marietta Materials' stock was trading at $206.51 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MLM stock has increased by 49.1% and is now trading at $308.00.
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20 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Martin Marietta Materials in the last year. There are currently 9 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Martin Marietta Materials stock.
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125 employees have rated Martin Marietta Materials CEO C. Howard Nye on Glassdoor.com. C. Howard Nye has an approval rating of 84% among Martin Marietta Materials' employees.

Martin Marietta Materials is scheduled to release its next quarterly earnings announcement on Tuesday, February 9th 2021.
View our earnings forecast for Martin Marietta Materials.

Martin Marietta Materials will be holding an earnings conference call on Tuesday, February 9th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Martin Marietta Materials, Inc. (NYSE:MLM) released its earnings results on Thursday, October, 29th. The construction company reported $4.71 EPS for the quarter, beating analysts' consensus estimates of $3.76 by $0.95. The construction company earned $1.32 billion during the quarter, compared to analysts' expectations of $1.35 billion. Martin Marietta Materials had a net margin of 14.38% and a trailing twelve-month return on equity of 12.22%. Martin Marietta Materials's revenue was down 7.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.96 EPS.
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Martin Marietta Materials declared a quarterly dividend on Thursday, November 12th. Shareholders of record on Tuesday, December 1st will be given a dividend of $0.57 per share on Thursday, December 31st. This represents a $2.28 annualized dividend and a yield of 0.74%. The ex-dividend date is Monday, November 30th.
View Martin Marietta Materials' dividend history.

Martin Marietta Materials pays an annual dividend of $2.28 per share and currently has a dividend yield of 0.74%. Martin Marietta Materials has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strock track record of dividend growth. The dividend payout ratio of Martin Marietta Materials is 23.41%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Martin Marietta Materials will have a dividend payout ratio of 21.82% next year. This indicates that Martin Marietta Materials will be able to sustain or increase its dividend.
View Martin Marietta Materials' dividend history.

20 Wall Street analysts have issued 12 month price objectives for Martin Marietta Materials' shares. Their forecasts range from $129.00 to $344.00. On average, they anticipate Martin Marietta Materials' stock price to reach $257.68 in the next twelve months. This suggests that the stock has a possible downside of 16.3%.
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Some companies that are related to Martin Marietta Materials include Vulcan Materials (VMC), Sociedad Química y Minera de Chile (SQM), Teck Resources (TECK), MDU Resources Group (MDU), Lynas Rare Earths (LYSDY), Hecla Mining (HL), Summit Materials (SUM), Compass Minerals International (CMP), Piedmont Lithium (PLL), United States Lime & Minerals (USLM), U.S. Silica (SLCA), Energy Fuels (UUUU), Intrepid Potash (IPI), Ciner Resources (CINR) and Galiano Gold (GAU).
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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), The Boeing (BA), Alibaba Group (BABA), UnitedHealth Group (UNH), Broadcom (AVGO), salesforce.com (CRM) and Johnson & Johnson (JNJ).

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

Martin Marietta Materials' stock is owned by a number of institutional and retail investors. Top institutional investors include Manning & Napier Group LLC (0.27%), KAMES CAPITAL plc (0.18%), Scout Investments Inc. (0.17%), Strs Ohio (0.16%), DNB Asset Management AS (0.14%) and New York State Teachers Retirement System (0.13%). Company insiders that own Martin Marietta Materials stock include C Howard Nye, Donald A Mccunniff, John J Koraleski, John P Mohr, Laree E Perez, 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 Manning & Napier Group LLC, Strs Ohio, Frontier Capital Management Co. LLC, New York State Teachers Retirement System, Confluence Investment Management LLC, Crossmark Global Holdings Inc., Rowland Carmichael Advisors Inc. ADV, and KAMES CAPITAL plc. Company insiders that have sold Martin Marietta Materials company stock in the last year include C Howard Nye, Roselyn R Bar, Stephen P Zelnak Jr, and Sue W Cole.
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MLM stock was purchased by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Candriam Luxembourg S.C.A., Pacer Advisors Inc., WBH Advisory Inc., Kestra Advisory Services LLC, Spreng Capital Management Inc., IFM Investors Pty Ltd, and OLD National Bancorp IN. Company insiders that have bought Martin Marietta Materials stock in the last two years include John J Koraleski, John P Mohr, and Stephen P Zelnak Jr.
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Shares of MLM 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.

One share of MLM stock can currently be purchased for approximately $308.00.

Martin Marietta Materials has a market capitalization of $19.18 billion and generates $4.74 billion in revenue each year. The construction company earns $611.90 million in net income (profit) each year or $9.74 on an earnings per share basis. Martin Marietta Materials employs 8,846 workers across the globe.

The official website for Martin Marietta Materials is 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.