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

$252.33
-2.78 (-1.09 %)
(As of 08/23/2019 04:00 PM ET)
Today's Range
$251.32
Now: $252.33
$258.37
50-Day Range
$223.11
MA: $238.03
$257.11
52-Week Range
$150.75
Now: $252.33
$258.37
Volume505,584 shs
Average Volume666,750 shs
Market Capitalization$15.76 billion
P/E Ratio31.19
Dividend Yield0.76%
Beta1.13
Martin Marietta Materials, Inc, a natural resource-based building materials company, supplies aggregates and heavy building materials to the construction industry in the United States and internationally. The company offers crushed stone, sand, and gravel products; ready mixed concrete and asphalt; paving products and services; 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. Read More…

Industry, Sector and Symbol

Industry Mining & quarrying of nonmetallic minerals, except fuels
Sub-IndustryConstruction Materials
SectorConstruction
CUSIP57328410
Phone919-781-4550

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.24 billion
Cash Flow$13.5880 per share
Book Value$81.64 per share

Profitability

Net Income$470 million

Miscellaneous

Employees8,714
Market Cap$15.76 billion
Next Earnings Date11/5/2019 (Estimated)
OptionableOptionable

Receive MLM News and Ratings via Email

Sign-up to receive the latest news and ratings for MLM and its competitors with MarketBeat's FREE daily newsletter.


Martin Marietta Materials (NYSE:MLM) Frequently Asked Questions

What is Martin Marietta Materials' stock symbol?

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

How often does Martin Marietta Materials pay dividends? What is the dividend yield for Martin Marietta Materials?

Martin Marietta Materials declared a quarterly dividend on Wednesday, August 14th. Investors of record on Tuesday, September 3rd will be paid a dividend of $0.55 per share on Monday, September 30th. This represents a $2.20 annualized dividend and a yield of 0.87%. The ex-dividend date of this dividend is Friday, August 30th. This is a positive change from Martin Marietta Materials's previous quarterly dividend of $0.48. View Martin Marietta Materials' Dividend History.

How were Martin Marietta Materials' earnings last quarter?

Martin Marietta Materials, Inc. (NYSE:MLM) posted its earnings results on Tuesday, July, 30th. The construction company reported $3.01 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $3.08 by $0.07. The construction company earned $1.28 billion during the quarter, compared to analyst estimates of $1.27 billion. Martin Marietta Materials had a net margin of 11.37% and a return on equity of 10.35%. The firm's revenue was up 6.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.25 earnings per share. View Martin Marietta Materials' Earnings History.

When is Martin Marietta Materials' next earnings date?

Martin Marietta Materials is scheduled to release their next quarterly earnings announcement on Tuesday, November 5th 2019. View Earnings Estimates for Martin Marietta Materials.

What guidance has Martin Marietta Materials issued on next quarter's earnings?

Martin Marietta Materials updated its FY 2019 earnings guidance on Tuesday, July, 30th. The company provided 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.

What price target have analysts set for MLM?

14 Wall Street analysts have issued twelve-month price targets for Martin Marietta Materials' stock. Their forecasts range from $179.00 to $290.00. On average, they expect Martin Marietta Materials' stock price to reach $224.5554 in the next year. This suggests that the stock has a possible downside of 11.0%. View Analyst Price Targets for Martin Marietta Materials.

What is the consensus analysts' recommendation 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.

Has Martin Marietta Materials been receiving favorable news coverage?

Media coverage about MLM stock has trended positive on Saturday, according to InfoTrie Sentiment. The research group identifies positive and negative news coverage by reviewing 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 five, with scores closest to five being the most favorable. Martin Marietta Materials earned a coverage optimism score of 2.5 on InfoTrie's scale. They also assigned press coverage about the construction company a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the stock's share price in the near future. View News Stories for Martin Marietta Materials.

Are investors shorting Martin Marietta Materials?

Martin Marietta Materials saw a decline in short interest in July. As of July 31st, there was short interest totalling 1,924,800 shares, a decline of 15.3% from the June 30th total of 2,273,700 shares. Based on an average daily trading volume, of 587,500 shares, the days-to-cover ratio is currently 3.3 days. Approximately 3.1% of the company's shares are short sold. View Martin Marietta Materials' Current Options Chain.

Who are some of Martin Marietta Materials' key competitors?

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 Vulcan Materials (VMC), Netflix (NFLX), Alibaba Group (BABA), NVIDIA (NVDA), Micron Technology (MU), salesforce.com (CRM), Adobe (ADBE), Alphabet (GOOG), Boeing (BA) and Visa (V).

Who are Martin Marietta Materials' key executives?

Martin Marietta Materials' management team includes the folowing people:
  • Mr. C. Howard Nye, Chairman, CEO & Pres (Age 56)
  • Mr. James A. J. Nickolas, Sr. VP, CFO & Principal Accounting Officer (Age 48)
  • Ms. Roselyn R. Bar, Exec. VP, Gen. Counsel & Corp. Sec. (Age 60)
  • Mr. Donald A. McCunniff, Sr. VP of HR (Age 62)
  • Mr. Daniel L. Grant, Sr. VP of Strategy & Devel. (Age 64)

Who are Martin Marietta Materials' major shareholders?

Martin Marietta Materials' stock is owned by many different of institutional and retail investors. Top institutional shareholders 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.

Which major investors are selling Martin Marietta Materials stock?

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.

Which major investors are buying Martin Marietta Materials stock?

MLM stock was purchased 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.

How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.

What is Martin Marietta Materials' stock price today?

One share of MLM stock can currently be purchased for approximately $252.33.

How big of a company is Martin Marietta Materials?

Martin Marietta Materials has a market capitalization of $15.76 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.

What is Martin Marietta Materials' official website?

The official website for Martin Marietta Materials is http://www.martinmarietta.com/.

How can I contact Martin Marietta Materials?

Martin Marietta Materials' mailing address is 2710 WYCLIFF ROAD, RALEIGH NC, 27607. The construction company can be reached via phone at 919-781-4550.


MarketBeat Community Rating for Martin Marietta Materials (NYSE MLM)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  355 (Vote Outperform)
Underperform Votes:  350 (Vote Underperform)
Total Votes:  705
MarketBeat's community ratings are surveys of what our community members think about Martin Marietta Materials and other stocks. Vote "Outperform" if you believe MLM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MLM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/24/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel