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

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

Martin Marietta Materials declared a quarterly dividend on Wednesday, August 14th. Investors of record on Tuesday, September 3rd will be given a dividend of $0.55 per share on Monday, September 30th. This represents a $2.20 annualized dividend and a yield of 0.83%. The ex-dividend date of this dividend is Friday, August 30th. This is a boost from Martin Marietta Materials's previous quarterly dividend of $0.48. View Martin Marietta Materials' Dividend History.

Martin Marietta Materials, Inc. (NYSE:MLM) released its quarterly earnings data on Tuesday, July, 30th. The construction company reported $3.01 earnings per share for the quarter, missing the consensus estimate of $3.08 by $0.07. The construction company earned $1.28 billion during 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%. Martin Marietta Materials's revenue for the quarter was up 6.4% on a year-over-year basis. During the same quarter last year, the firm 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 (EPS) 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 Wall Street analysts have issued 12-month price objectives for Martin Marietta Materials' shares. Their forecasts range from $179.00 to $290.00. On average, they anticipate Martin Marietta Materials' stock price to reach $229.1708 in the next year. This suggests that the stock has a possible downside of 14.0%. 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.

News articles about MLM stock have trended somewhat negative on Monday, according to InfoTrie. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Martin Marietta Materials earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned media headlines about the construction company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Martin Marietta Materials.

Martin Marietta Materials saw a decrease in short interest in August. As of August 31st, there was short interest totalling 1,713,800 shares, a decrease of 11.0% from the July 31st total of 1,924,800 shares. Based on an average trading volume of 576,100 shares, the days-to-cover ratio is currently 3.0 days. Approximately 2.8% of the shares of the stock are sold short. 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), Hecla Mining (HL), U.S. Silica (SLCA), Intrepid Potash (IPI), United States Lime & Minerals (USLM), Ciner Resources (CINR), Hi-Crush (HCR), Smart Sand (SND) and PIEDMONT LITHIU/S (PLLL).

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), salesforce.com (CRM), Micron Technology (MU), Alphabet (GOOG), Boeing (BA), Adobe (ADBE) and Visa (V).

Martin Marietta Materials' stock is owned by a number of 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, Robinhood, Fidelity and Charles Schwab.

One share of MLM stock can currently be purchased for approximately $266.41.

Martin Marietta Materials has a market capitalization of $16.63 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.