Martin Marietta Materials Stock Forecast, Price & News

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Martin Marietta Materials in the last year. There are currently 9 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Martin Marietta Materials stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MLM, but not buy additional shares or sell existing shares.
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Martin Marietta Materials saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 642,000 shares, an increase of 20.1% from the June 15th total of 534,400 shares. Based on an average daily trading volume, of 366,500 shares, the short-interest ratio is currently 1.8 days. Currently, 1.0% of the company's shares are sold short.
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Martin Marietta Materials is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Martin Marietta Materials.

Martin Marietta Materials, Inc. (NYSE:MLM) issued its quarterly earnings data on Thursday, July, 29th. The construction company reported $3.81 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $3.91 by $0.10. Martin Marietta Materials had a net margin of 15.81% and a trailing twelve-month return on equity of 13.18%. During the same period last year, the business posted $3.49 earnings per share.
View Martin Marietta Materials' earnings history.

Martin Marietta Materials' stock was trading at $206.51 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MLM stock has increased by 75.9% and is now trading at $363.30.
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Martin Marietta Materials declared a quarterly dividend on Thursday, May 13th. Stockholders of record on Tuesday, June 1st will be paid a dividend of $0.57 per share on Wednesday, June 30th. This represents a $2.28 dividend on an annualized basis and a yield of 0.63%. The ex-dividend date of this dividend is Friday, May 28th.
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Martin Marietta Materials pays an annual dividend of $2.28 per share and currently has a dividend yield of 0.62%. Martin Marietta Materials has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Martin Marietta Materials is 19.76%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Martin Marietta Materials will have a dividend payout ratio of 16.15% next year. This indicates that Martin Marietta Materials will be able to sustain or increase its dividend.
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Martin Marietta Materials updated its FY 2021 earnings guidance on Thursday, July, 29th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $4.71 billion-$4.85 billion, compared to the consensus revenue estimate of $4.84 billion.

14 brokers have issued 1 year price objectives for Martin Marietta Materials' shares. Their forecasts range from $262.00 to $424.00. On average, they expect Martin Marietta Materials' share price to reach $335.75 in the next twelve months. This suggests that the stock has a possible downside of 7.6%.
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125 employees have rated Martin Marietta Materials CEO C. Howard Nye on Glassdoor.com. C. Howard Nye has an approval rating of 84% among Martin Marietta Materials' employees.

Some companies that are related to Martin Marietta Materials include Vulcan Materials (VMC), Sociedad Química y Minera de Chile (SQM), Teck Resources (TECK), MDU Resources Group (MDU), Lynas Rare Earths (LYSDY), Summit Materials (SUM), Hecla Mining (HL), Compass Minerals International (CMP), Largo Resources (LGO), Piedmont Lithium (PLL), United States Lime & Minerals (USLM), Energy Fuels (UUUU), U.S. Silica (SLCA), Intrepid Potash (IPI) and Centrus Energy (LEU).
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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), The Boeing (BA), Alibaba Group (BABA), UnitedHealth Group (UNH), Broadcom (AVGO), salesforce.com (CRM) and Johnson & Johnson (JNJ).

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

Martin Marietta Materials' stock is owned by a variety of institutional and retail investors. Top institutional investors include DAVENPORT & Co LLC (0.61%), Alliancebernstein L.P. (0.24%), Tran Capital Management L.P. (0.21%), Kornitzer Capital Management Inc. KS (0.18%), Scout Investments Inc. (0.18%) and Aegon Asset Management UK PLC (0.17%). Company insiders that own Martin Marietta Materials stock include C Howard Nye, John J Koraleski, John P Mohr, 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 Manning & Napier Group LLC, Schwab Charitable Fund, Bourgeon Capital Management LLC, Cutler Group LP, Aegon Asset Management UK PLC, IFP Advisors Inc, Raymond James Trust N.A., and Douglas Lane & Associates LLC. Company insiders that have sold Martin Marietta Materials company stock in the last year include C Howard Nye, Roselyn R Bar, and Sue W Cole.
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MLM stock was acquired by a variety of institutional investors in the last quarter, including DAVENPORT & Co LLC, Alliancebernstein L.P., Tran Capital Management L.P., State of Alaska Department of Revenue, Scout Investments Inc., Brookstone Capital Management, IFM Investors Pty Ltd, and Perigon Wealth Management LLC. Company insiders that have bought Martin Marietta Materials stock in the last two years include John J Koraleski, John P Mohr, and Stephen P Zelnak Jr.
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Shares of MLM 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.
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One share of MLM stock can currently be purchased for approximately $363.30.

Martin Marietta Materials has a market capitalization of $22.66 billion and generates $4.73 billion in revenue each year. The construction company earns $721 million in net income (profit) each year or $11.54 on an earnings per share basis.

Martin Marietta Materials employs 8,700 workers across the globe.

Martin Marietta Materials was founded in 1993.

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

Martin Marietta Materials is headquartered at 2710 WYCLIFF ROAD, RALEIGH NC, 27607.

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