Martin Marietta Materials Stock Forecast, Price & News

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Martin Marietta Materials in the last twelve months. There are currently 10 hold ratings and 7 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.
View analyst ratings for Martin Marietta Materials or view top-rated stocks.

Wall Street analysts have given Martin Marietta Materials a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Martin Marietta Materials wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Martin Marietta Materials saw a decline in short interest during the month of April. As of April 15th, there was short interest totaling 451,300 shares, a decline of 21.0% from the March 31st total of 571,100 shares. Based on an average daily volume of 492,300 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.7% of the company's shares are sold short.
View Martin Marietta Materials' Short Interest.

Martin Marietta Materials is scheduled to release its next quarterly earnings announcement on Tuesday, July 27th 2021.
View our earnings forecast for Martin Marietta Materials.

Martin Marietta Materials, Inc. (NYSE:MLM) released its quarterly earnings data on Tuesday, May, 4th. The construction company reported $1.04 earnings per share for the quarter, beating analysts' consensus estimates of $0.50 by $0.54. The construction company earned $982.40 million during the quarter, compared to the consensus estimate of $968.53 million. Martin Marietta Materials had a net margin of 14.38% and a trailing twelve-month return on equity of 12.22%. Martin Marietta Materials's revenue for the quarter was up 2.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.41 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 (WHO). Since then, MLM stock has increased by 83.5% and is now trading at $378.97.
View which stocks have been most impacted by COVID-19.

Martin Marietta Materials announced a quarterly dividend on Thursday, February 18th. Shareholders of record on Monday, March 1st will be paid a dividend of $0.57 per share on Wednesday, March 31st. This represents a $2.28 annualized dividend and a yield of 0.60%. The ex-dividend date is Friday, February 26th.
View Martin Marietta Materials' dividend history.

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 23.41%. 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 21.82% next year. This indicates that Martin Marietta Materials will be able to sustain or increase its dividend.
View Martin Marietta Materials' dividend history.

Martin Marietta Materials updated its FY 2021 earnings guidance on Tuesday, May, 11th. The company provided earnings per share guidance of - for the period. The company issued revenue guidance of $4.51 billion-$4.70 billion, compared to the consensus revenue estimate of $4.68 billion.

17 brokerages have issued twelve-month price objectives for Martin Marietta Materials' shares. Their forecasts range from $129.00 to $408.00. On average, they anticipate Martin Marietta Materials' stock price to reach $295.50 in the next twelve months. This suggests that the stock has a possible downside of 22.0%.
View analysts' price targets for Martin Marietta Materials or view top-rated stocks among Wall Street analysts.

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), Hecla Mining (HL), Summit Materials (SUM), Compass Minerals International (CMP), Piedmont Lithium (PLL), U.S. Silica (SLCA), United States Lime & Minerals (USLM), Energy Fuels (UUUU), Intrepid Potash (IPI), Centrus Energy (LEU) and Galiano Gold (GAU).
View all of MLM's competitors.

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 retail and institutional investors. Top institutional investors include BlackRock Inc. (6.34%), Baillie Gifford & Co. (6.07%), Gardner Russo & Quinn LLC (2.04%), Principal Financial Group Inc. (1.91%), Geode Capital Management LLC (1.81%) and William Blair Investment Management LLC (1.58%). Company insiders that own Martin Marietta Materials stock include C Howard Nye, John J Koraleski, John P Mohr, Laree E Perez, 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 M&G Investment Management Ltd., Douglass Winthrop Advisors LLC, William Blair Investment Management LLC, UBS Group AG, Principal Financial Group Inc., Gardner Russo & Quinn LLC, TD Asset Management Inc., and Bank of Montreal Can. Company insiders that have sold Martin Marietta Materials company stock in the last year include C Howard Nye, Roselyn R Bar, Stephen P Zelnak Jr, and Sue W Cole.
View insider buying and selling activity for Martin Marietta Materials or view top insider-selling stocks.

MLM stock was bought by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., Artisan Partners Limited Partnership, BlackRock Inc., Mitsubishi UFJ Trust & Banking Corp, Geode Capital Management LLC, Tran Capital Management L.P., Mirae Asset Global Investments Co. Ltd., and Aviva PLC. 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 activity for Martin Marietta Materials or or view top insider-buying stocks.

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.
Compare Top Brokerages Here.

One share of MLM stock can currently be purchased for approximately $378.97.

Martin Marietta Materials has a market capitalization of $23.64 billion and generates $4.74 billion in revenue each year. The construction company earns $611.90 million in net income (profit) each year or $9.74 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.