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 announced a quarterly dividend on Thursday, November 7th. Investors of record on Monday, December 2nd will be paid a dividend of $0.55 per share on Tuesday, December 31st. This represents a $2.20 dividend on an annualized basis and a 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 EPS for the quarter, topping the consensus estimate of $3.50 by $0.46. The construction company earned $1.42 billion during the quarter, compared to analyst estimates of $1.33 billion. Martin Marietta Materials had a net margin of 12.35% and a return on equity of 11.52%. The company's quarterly revenue was up 16.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.85 earnings per share. 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 Wall Street analysts have issued 12-month price objectives 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 2.0% 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.

News coverage about MLM stock has been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. 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 daily sentiment score of 2.0 on InfoTrie's scale. They also gave headlines about the construction company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Martin Marietta Materials.

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

Martin Marietta Materials' stock is owned by a variety 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%), Gateway Investment Advisers LLC (0.08%), Tocqueville Asset Management L.P. (0.08%) and OLD National Bancorp IN (0.05%). 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, Nisa Investment Advisors LLC, First National Bank of Omaha and State of Alaska Department of Revenue. 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, Wealthfront Advisers LLC, Winslow Evans & Crocker Inc., Calamos Advisors LLC, AE Wealth Management LLC and Pennsylvania Trust Co. 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 $267.76.

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.