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 declared a quarterly dividend on Thursday, February 20th. Investors of record on Monday, March 2nd will be given a dividend of $0.55 per share on Tuesday, March 31st. This represents a $2.20 dividend on an annualized basis and a yield of 0.96%. The ex-dividend date of this dividend is Friday, February 28th. View Martin Marietta Materials' Dividend History.

Martin Marietta Materials, Inc. (NYSE:MLM) announced its quarterly earnings results on Tuesday, February, 11th. The construction company reported $2.09 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $2.18 by $0.09. The construction company earned $1.10 billion during the quarter, compared to analysts' expectations of $1.10 billion. Martin Marietta Materials had a net margin of 12.91% and a return on equity of 11.81%. The company's quarterly revenue was up 7.9% compared to the same quarter last year. During the same period last year, the business posted $1.50 earnings per share. View Martin Marietta Materials' Earnings History.

Martin Marietta Materials is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Martin Marietta Materials.

Martin Marietta Materials issued an update on its FY 2020 Pre-Market earnings guidance on Tuesday, February, 11th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $4.875-5.075 billion, compared to the consensus revenue estimate of $4.73 billion.

16 analysts have issued 12 month target prices for Martin Marietta Materials' stock. Their forecasts range from $194.00 to $310.00. On average, they expect Martin Marietta Materials' share price to reach $278.54 in the next year. This suggests a possible upside of 22.0% 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, 6 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Martin Marietta Materials.

News headlines about MLM stock have trended very negative on Friday, according to InfoTrie Sentiment. The research firm scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Martin Marietta Materials earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave news coverage 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 next few days. View News Stories for Martin Marietta Materials.

Martin Marietta Materials saw a drop in short interest during the month of February. As of February 14th, there was short interest totalling 1,120,000 shares, a drop of 12.5% from the January 30th total of 1,280,000 shares. Based on an average daily trading volume, of 516,500 shares, the short-interest ratio is presently 2.2 days. Approximately 1.8% 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), Sociedad Quimica y Minera de Chile (SQM), Mdu Resources Group (MDU), Teck Resources (TECK), 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), Hi-Crush (HCR), Smart Sand (SND) 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), Micron Technology (MU), AbbVie (ABBV), Alibaba Group (BABA), Netflix (NFLX), UnitedHealth Group (UNH), Boeing (BA), Bank of America (BAC), Broadcom (AVGO) and Costco Wholesale (COST).

Martin Marietta Materials' stock is owned by a number of of retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (4.36%), State Street Corp (4.19%), Gardner Russo & Gardner LLC (2.70%), FMR LLC (2.62%), Principal Financial Group Inc. (2.42%) and William Blair Investment Management LLC (1.66%). Company insiders that own Martin Marietta Materials stock include C Howard Nye, Donald A Mccunniff, John J Koraleski, John P Mohr, 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 Confluence Investment Management LLC, TD Asset Management Inc., Principal Financial Group Inc., Iridian Asset Management LLC CT, Eagle Asset Management Inc., Bank of New York Mellon Corp, Nitorum Capital L.P. and Baillie Gifford & Co.. 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 purchased by a variety of institutional investors in the last quarter, including M&G Investment Management Ltd., Janus Henderson Group PLC, State of Tennessee Treasury Department, Marshall Wace LLP, Kornitzer Capital Management Inc. KS, Geode Capital Management LLC, Scopus Asset Management L.P. and Prudential Financial Inc.. 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. 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 $228.26.

Martin Marietta Materials has a market capitalization of $14.20 billion and generates $4.74 billion in revenue each year. The construction company earns $611.91 million in net income (profit) each year or $9.74 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.