NYSE:MLMMartin Marietta Materials Stock Price, Forecast & News

Martin Marietta Materials' stock was trading at $206.51 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MLM stock has increased by 3.4% and is now trading at $213.49. View which stocks have been most impacted by Coronavirus.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Martin Marietta Materials in the last year. There are currently 6 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Martin Marietta Materials.

Martin Marietta Materials is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Martin Marietta Materials.

Martin Marietta Materials, Inc. (NYSE:MLM) issued its quarterly earnings results on Tuesday, May, 5th. The construction company reported $0.41 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.56 by $0.15. The construction company had revenue of $958.20 million for the quarter, compared to the consensus estimate of $933.11 million. Martin Marietta Materials had a net margin of 12.51% and a return on equity of 11.30%. The company's revenue for the quarter was up 2.0% compared to the same quarter last year. During the same period last year, the business posted $0.68 earnings per share. View Martin Marietta Materials' earnings history.

Martin Marietta Materials declared a quarterly dividend on Thursday, May 14th. Stockholders of record on Monday, June 1st will be paid a dividend of $0.55 per share on Tuesday, June 30th. This represents a $2.20 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date is Friday, May 29th. View Martin Marietta Materials' dividend history.

20 brokerages have issued 12-month price targets for Martin Marietta Materials' shares. Their forecasts range from $129.00 to $310.00. On average, they expect Martin Marietta Materials' stock price to reach $241.75 in the next year. This suggests a possible upside of 13.2% from the stock's current price. View analysts' price targets for Martin Marietta Materials.

Media stories about MLM stock have trended negative on Monday, according to InfoTrie Sentiment. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Martin Marietta Materials earned a coverage optimism score of -2.1 on InfoTrie's scale. They also gave news headlines about the construction company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news about Martin Marietta Materials.

Martin Marietta Materials saw a decline in short interest during the month of June. As of June 30th, there was short interest totaling 2,230,000 shares, a decline of 7.5% from the June 15th total of 2,410,000 shares. Based on an average daily trading volume, of 788,400 shares, the short-interest ratio is currently 2.8 days. Approximately 3.6% of the company's stock are sold short. View Martin Marietta Materials' Current Options Chain.

Some companies that are related to Martin Marietta Materials include Vulcan Materials (VMC), Sociedad Quimica y Minera de Chile (SQM), Teck Resources (TECK), Mdu Resources Group (MDU), Summit Materials (SUM), Hecla Mining (HL), Compass Minerals International (CMP), LYNAS CORP LTD/S (LYSDY), United States Lime & Minerals (USLM), GalianoGoldInc . (GAU), U.S. Silica (SLCA), Ciner Resources (CINR), Intrepid Potash (IPI), Smart Sand (SND) and Piedmont Lithium (PLL). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Martin Marietta Materials investors own include AbbVie (ABBV), Adobe (ADBE), Alibaba Group (BABA), Netflix (NFLX), NVIDIA (NVDA), Bank of America (BAC), UnitedHealth Group (UNH), Boeing (BA), Micron Technology (MU) and Vulcan Materials (VMC).

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

Martin Marietta Materials' stock is owned by many different retail and institutional investors. Top institutional investors include Confluence Investment Management LLC (0.03%) and Nelson Van Denburg & Campbell Wealth Management Group LLC (0.00%). 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 Confluence Investment Management LLC, and Nelson Van Denburg & Campbell Wealth Management Group LLC. Company insiders that have sold Martin Marietta Materials company stock in the last year include C Howard Nye, and Roselyn R Bar. View insider buying and selling activity 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 $213.49.

Martin Marietta Materials has a market capitalization of $13.29 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.