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NYSE:MLM

Martin Marietta Materials - MLM Stock Forecast, Price & News

$334.29
-1.65 (-0.49%)
(As of 10/5/2022 04:31 PM ET)
Add
Compare
Today's Range
$330.86
$337.72
50-Day Range
$311.09
$371.57
52-Week Range
$284.99
$446.46
Volume
278,806 shs
Average Volume
456,356 shs
Market Capitalization
$20.85 billion
P/E Ratio
26.18
Dividend Yield
0.79%
Price Target
$411.18

Martin Marietta Materials MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
22.2% Upside
$411.18 Price Target
Short Interest
Healthy
2.16% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-5.65
Upright™ Environmental Score
News Sentiment
0.08mentions of Martin Marietta Materials in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
26.68%
From $13.27 to $16.81 Per Share

Overall MarketRank

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

2.60 out of 5 stars

Construction Sector

22nd out of 105 stocks

Mining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry

3rd 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

GRAPHITE: "Essential for America's National Defense"
Did you know each EV battery contains up to 220 pounds of graphite and China controls more than 90% of the world's graphite trade? But now that the U.S. has classified it as "essential for America's National Defense"... one little-known company could become America's ONLY fully integrated graphite provider.
Martin Marietta Materials, Inc.
Elon Musk is Worried about China
China controls 80% of the lithium market and Tesla needs a lot of lithium for its cars. But a junior miner just discovered a once-in-a-lifetime deposit of this "white gold."
Martin Marietta Materials: Solid Growth Prospects
Martin Marietta Reports Second-Quarter 2022 Results
S&P 500 Analyst Moves: MLM
See More Headlines
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MLM Company Calendar

Last Earnings
7/28/2022
Ex-Dividend for 9/30 Dividend
8/31/2022
Dividend Payable
9/30/2022
Today
10/05/2022
Next Earnings (Estimated)
11/01/2022
Fiscal Year End
12/31/2022

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
$411.18
High Stock Price Forecast
$475.00
Low Stock Price Forecast
$375.00
Forecasted Upside/Downside
+23.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
12 Analysts

Profitability

Net Income
$702.50 million
Pretax Margin
16.43%

Debt

Sales & Book Value

Annual Sales
$5.41 billion
Cash Flow
$20.03 per share
Book Value
$104.80 per share

Miscellaneous

Free Float
61,997,000
Market Cap
$20.85 billion
Optionable
Optionable
Beta
0.87

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?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Martin Marietta Materials in the last year. There are currently 12 buy ratings for the stock. The consensus among Wall Street 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 2022?

12 equities research analysts have issued 1-year target prices for Martin Marietta Materials' shares. Their MLM share price forecasts range from $375.00 to $475.00. On average, they predict the company's share price to reach $411.18 in the next twelve months. This suggests a possible upside of 23.5% 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 the year. Since then, MLM stock has decreased by 24.4% and is now trading at $333.04.
View the best growth stocks for 2022 here
.

Are investors shorting Martin Marietta Materials?

Martin Marietta Materials saw a increase in short interest in September. As of September 15th, there was short interest totaling 1,340,000 shares, an increase of 21.8% from the August 31st total of 1,100,000 shares. Based on an average daily trading volume, of 399,500 shares, the short-interest ratio is presently 3.4 days. Approximately 2.2% of the shares of the stock are short sold.
View Martin Marietta Materials' Short Interest
.

When is Martin Marietta Materials' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our MLM earnings forecast
.

How were Martin Marietta Materials' earnings last quarter?

Martin Marietta Materials, Inc. (NYSE:MLM) released its earnings results on Thursday, July, 28th. The construction company reported $3.96 EPS for the quarter, topping the consensus estimate of $3.72 by $0.24. The construction company had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.59 billion. Martin Marietta Materials had a net margin of 13.49% and a trailing twelve-month return on equity of 11.28%. The business's quarterly revenue was up 19.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.81 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 announced a quarterly dividend on Wednesday, August 10th. Investors of record on Thursday, September 1st will be paid a dividend of $0.66 per share on Friday, September 30th. This represents a $2.64 annualized dividend and a yield of 0.79%. The ex-dividend date of this dividend is Wednesday, August 31st. This is an increase from the stock's previous quarterly dividend of $0.61.
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 0.81%. 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 20.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MLM will have a dividend payout ratio of 15.70% 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 issued an update on its FY 2022 earnings guidance on Thursday, August, 4th. The company provided EPS guidance of for the period. The company issued revenue guidance of $5.77 billion-$5.91 billion, compared to the consensus revenue estimate of $5.86 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 many different retail and institutional investors. Top institutional investors include Moody National Bank Trust Division (0.00%) and M&R Capital Management Inc. (0.00%). 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 $333.04.

How much money does Martin Marietta Materials make?

Martin Marietta Materials (NYSE:MLM) has a market capitalization of $20.77 billion and generates $5.41 billion in revenue each year. The construction company earns $702.50 million in net income (profit) each year or $12.77 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 10/5/2022 by MarketBeat.com Staff

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