NYSE:MLM Martin Marietta Materials - MLM Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Martin Marietta Materials, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $336.83 +3.38 (+1.01%) (As of 03/24/2023 12:00 AM ET) Add Compare Share Share Today's Range$326.61▼$337.2850-Day Range$320.60▼$382.8052-Week Range$284.99▼$406.85Volume352,874 shsAverage Volume400,492 shsMarket Capitalization$20.92 billionP/E Ratio24.27Dividend Yield0.78%Price Target$404.50 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Martin Marietta Materials MarketRank™ ForecastAnalyst RatingModerate Buy2.69 Rating ScoreUpside/Downside20.1% Upside$404.50 Price TargetShort InterestHealthy1.41% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-5.65Upright™ Environmental ScoreNews Sentiment1.13Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth14.82%From $14.84 to $17.04 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.74 out of 5 starsConstruction Sector16th out of 107 stocksMining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry1st out of 16 stocks 3.3 Analyst's Opinion Consensus RatingMartin Marietta Materials has received a consensus rating of Buy. The company's average rating score is 2.69, and is based on 9 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $404.50, Martin Marietta Materials has a forecasted upside of 20.1% from its current price of $336.83.Amount of Analyst CoverageMartin Marietta Materials has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.41% of the float of Martin Marietta Materials has been sold short.Short Interest Ratio / Days to CoverMartin Marietta Materials has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Martin Marietta Materials has recently decreased by 23.21%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldMartin Marietta Materials has a dividend yield of 0.79%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthMartin Marietta Materials has been increasing its dividend for 7 years.Dividend CoverageThe dividend payout ratio of Martin Marietta Materials is 19.02%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Martin Marietta Materials will have a dividend payout ratio of 15.49% next year. This indicates that Martin Marietta Materials will be able to sustain or increase its dividend. Previous Next 0.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreMartin Marietta Materials has received a -73.50% net impact score from Upright. The largest negative impact of Martin Marietta Materials in category "GHG emissions" seems to be driven mostly by its "Construction sand", "Stone chippings", "Fiber cement", "Dry mortar", and "Asphalt" products. See details.Environmental SustainabilityThe Environmental Impact score for Martin Marietta Materials is -5.65. Previous Next 4.0 News and Social Media Coverage News SentimentMartin Marietta Materials has a news sentiment score of 1.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Martin Marietta Materials this week, compared to 4 articles on an average week.Search Interest4 people have searched for MLM on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.MarketBeat Follows4 people have added Martin Marietta Materials to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Martin Marietta Materials insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.59% of the stock of Martin Marietta Materials is held by insiders.Percentage Held by Institutions93.07% of the stock of Martin Marietta Materials is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Martin Marietta Materials are expected to grow by 14.82% in the coming year, from $14.84 to $17.04 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Martin Marietta Materials is 24.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.20.Price to Earnings Ratio vs. SectorThe P/E ratio of Martin Marietta Materials is 24.27, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 12.25.Price to Earnings Growth RatioMartin Marietta Materials has a PEG Ratio of 1.72. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioMartin Marietta Materials has a P/B Ratio of 2.92. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Martin Marietta Materials (NYSE:MLM) StockMartin Marietta Materials, Inc. engages in the provision of aggregates including crushed stone, sand, and gravel through its network of quarries and distribution yards. It operates through the following geographical segments: East Group and West Group. The East Group segments provide aggregated products only. The West Group offers aggregates, as well as cement and downstream products including mixed concrete, asphalt, and paving services. The company was founded in November 1993 and is headquartered in Raleigh, NC.Read More Receive MLM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Martin Marietta Materials and its competitors with MarketBeat's FREE daily newsletter. Email Address MLM Stock News HeadlinesMarch 17, 2023 | finance.yahoo.comMartin Marietta (MLM) Down 10.2% Since Last Earnings Report: Can It Rebound?March 17, 2023 | marketwatch.comMartin Marietta Materials Inc. stock rises Thursday, outperforms marketMarch 26, 2023 | Oxford Club (Ad)My No. 1 dividend stock for a LIFETIME of income.Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.March 14, 2023 | marketwatch.comMartin Marietta Materials Inc. stock rises Tuesday, still underperforms marketMarch 13, 2023 | marketwatch.comMartin Marietta Materials Inc. stock falls Monday, underperforms marketFebruary 28, 2023 | msn.comThursday Is Your Last Chance To Buy Martin Marietta Materials Before The Dividend PayoutFebruary 23, 2023 | msn.comMartin Marietta Materials declares $0.66 dividendFebruary 21, 2023 | msn.comMartin Marietta Materials, Rivian Automotive And This Cybersecurity Company Releasing Earnings Today: CNBC's 'Final Trades'March 26, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.February 17, 2023 | finance.yahoo.comMartin Marietta Materials Full Year 2022 Earnings: EPS Beats Expectations, Revenues LagFebruary 16, 2023 | finance.yahoo.comKBR Stock Rises on Q4 Earnings Beat, Solid Backlog LevelFebruary 16, 2023 | markets.businessinsider.comAnalysts Offer Insights on Materials Companies: Martin Marietta Materials (MLM) and Warrior Met Coal (HCC)February 15, 2023 | msn.comMartin Marietta Materials Expects Higher Product, Service Revenue in 2023 After Weather Hits Fourth QuarterFebruary 15, 2023 | finance.yahoo.comMartin Marietta (MLM) Tops on Q4 Earnings, Misses on RevenuesFebruary 15, 2023 | finanznachrichten.deMartin Marietta Materials, Inc.: Martin Marietta Reports Fourth-Quarter and Full-Year 2022 ResultsFebruary 15, 2023 | finance.yahoo.comMartin Marietta (MLM) Q4 Earnings Top EstimatesFebruary 15, 2023 | finance.yahoo.comMartin Marietta Materials Posts Fall In Q4 Profit, Issues FY23 OutlookFebruary 15, 2023 | markets.businessinsider.comMartin Marietta Materials Q4 Adj. Profit Declines; Issues FY23 OutlookFebruary 15, 2023 | markets.businessinsider.comMartin Marietta Materials, Inc. Q4 Profit Increases, but misses estimatesFebruary 15, 2023 | finance.yahoo.comMartin Marietta Reports Fourth-Quarter and Full-Year 2022 ResultsFebruary 14, 2023 | msn.comEarnings Preview: Martin Marietta MaterialsFebruary 13, 2023 | finance.yahoo.comInvesting in Martin Marietta Materials (NYSE:MLM) five years ago would have delivered you a 69% gainFebruary 10, 2023 | benzinga.comMartin Marietta Materials Stock (NYSE:MLM), Analyst Ratings, Price Targets, PredictionsFebruary 9, 2023 | finance.yahoo.comOrion Energy Systems, Inc. (OESX) Reports Q3 Loss, Tops Revenue EstimatesJanuary 31, 2023 | marketwatch.comMartin Marietta Materials Inc. stock rises Tuesday, outperforms marketJanuary 25, 2023 | marketwatch.comMartin Marietta Materials Inc. stock rises Wednesday, outperforms marketJanuary 25, 2023 | finance.yahoo.comMartin Marietta Announces Fourth-Quarter and Full-Year 2022 Earnings Conference CallSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive MLM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Martin Marietta Materials and its competitors with MarketBeat's FREE daily newsletter. Email Address MLM Company Calendar Ex-Dividend for 12/30 Dividend11/30/2022Dividend Payable12/30/2022Last Earnings2/15/2023Ex-Dividend for 3/31 Dividend3/03/2023Today3/26/2023Dividend Payable3/31/2023Next Earnings (Estimated)5/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Mining & quarrying of nonmetallic minerals, except fuels Sub-IndustryConstruction Materials SectorConstruction Current SymbolNYSE:MLM CUSIP57328410 CIK916076 Webwww.martinmarietta.com Phone(919) 781-4550Fax919-783-4535Employees9,400Year Founded1993Price Target and Rating Average Stock Price Forecast$404.50 High Stock Price Forecast$450.00 Low Stock Price Forecast$350.00 Forecasted Upside/Downside+20.1%Consensus RatingModerate Buy Rating Score (0-4)2.69 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$13.88 Trailing P/E Ratio24.27 Forward P/E Ratio22.70 P/E Growth1.7Net Income$866.80 million Net Margins14.07% Pretax Margin17.71% Return on Equity11.03% Return on Assets5.15% Debt Debt-to-Equity Ratio0.61 Current Ratio1.99 Quick Ratio1.39 Sales & Book Value Annual Sales$6.16 billion Price / Sales3.40 Cash Flow$20.82 per share Price / Cash Flow16.18 Book Value$115.52 per share Price / Book2.92Miscellaneous Outstanding Shares62,100,000Free Float61,738,000Market Cap$20.92 billion OptionableOptionable Beta0.87 Social Links Key ExecutivesC. Howard NyeChairman, President & Chief Executive OfficerJames A. J. NickolasChief Financial Officer & Senior Vice PresidentJohn P. MohrChief Information Officer & Senior Vice PresidentRoselyn R. BarSecretary, Executive VP & General CounselRobert J. CardinChief Accounting Officer, SVP & ControllerKey CompetitorsVulcan MaterialsNYSE:VMCWeyerhaeuserNYSE:WYQuanta ServicesNYSE:PWRRollinsNYSE:ROLNVRNYSE:NVRView All CompetitorsInsiders & InstitutionsB. Riley Wealth Advisors Inc.Sold 103 shares on 3/15/2023Ownership: 0.009%Victory Capital Management Inc.Bought 4,290 shares on 3/10/2023Ownership: 0.050%Rockefeller Capital Management L.P.Sold 7,973 shares on 3/6/2023Ownership: 0.022%Whitener Capital Management Inc.Sold 145 shares on 3/1/2023Ownership: 0.003%American Institute for Advanced Investment Management LLPSold 40 shares on 2/28/2023Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions MLM Stock - Frequently Asked Questions Should I buy or sell Martin Marietta Materials stock right now? 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Martin Marietta Materials in the last year. There are currently 4 hold ratings and 9 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 2023? 13 Wall Street analysts have issued twelve-month price objectives for Martin Marietta Materials' stock. Their MLM share price forecasts range from $350.00 to $450.00. On average, they predict the company's share price to reach $404.50 in the next twelve months. This suggests a possible upside of 20.1% 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 2023? Martin Marietta Materials' stock was trading at $337.97 on January 1st, 2023. Since then, MLM stock has decreased by 0.3% and is now trading at $336.83. View the best growth stocks for 2023 here. Are investors shorting Martin Marietta Materials? Martin Marietta Materials saw a drop in short interest in the month of February. As of February 28th, there was short interest totaling 867,700 shares, a drop of 23.2% from the February 13th total of 1,130,000 shares. Based on an average trading volume of 366,000 shares, the short-interest ratio is currently 2.4 days. Approximately 1.4% 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, May 2nd 2023. View our MLM earnings forecast. How were Martin Marietta Materials' earnings last quarter? Martin Marietta Materials, Inc. (NYSE:MLM) announced its earnings results on Wednesday, February, 15th. The construction company reported $3.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.03 by $0.01. The construction company had revenue of $1.48 billion for the quarter, compared to analyst estimates of $1.53 billion. Martin Marietta Materials had a trailing twelve-month return on equity of 11.03% and a net margin of 14.07%. The business's revenue was down 1.3% on a year-over-year basis. During the same period last year, the business earned $3.15 EPS. 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 Thursday, February 23rd. Stockholders of record on Monday, March 6th will be paid a dividend of $0.66 per share on Friday, March 31st. This represents a $2.64 annualized dividend and a yield of 0.78%. The ex-dividend date is Friday, March 3rd. Read our dividend analysis for MLM. What ETFs hold Martin Marietta Materials' stock? ETFs with the largest weight of Martin Marietta Materials (NYSE:MLM) stock in their portfolio include Invesco S&P 500 Equal Weight Materials ETF (RTM), Materials Select Sector SPDR Fund (XLB), Global X U.S. Infrastructure Development ETF (PAVE), Nuveen ESG Mid-Cap Value ETF (NUMV), Clearbridge Focus Value ESG ETF (CFCV), Vanguard Materials ETF (VAW), Fidelity MSCI Materials Index ETF (FMAT) and ProShares Ultra Materials (UYM). 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 0.79%. 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 19.02%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MLM will have a dividend payout ratio of 15.49% 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 updated its FY 2023 earnings guidance on Wednesday, February, 15th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $6.18 billion-$6.37 billion, compared to the consensus revenue estimate of $6.32 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 a number of institutional and retail investors. Top institutional investors include Select Equity Group L.P. (5.82%), Aristotle Capital Management LLC (5.32%), Baillie Gifford & Co. (5.07%), CIBC Private Wealth Group LLC (3.64%), JPMorgan Chase & Co. (3.48%) and T. Rowe Price Investment Management Inc. (2.85%). Insiders that own company 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. 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 $336.83. How much money does Martin Marietta Materials make? Martin Marietta Materials (NYSE:MLM) has a market capitalization of $20.92 billion and generates $6.16 billion in revenue each year. The construction company earns $866.80 million in net income (profit) each year or $13.88 on an earnings per share basis. How many employees does Martin Marietta Materials have? The company employs 9,400 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 3/26/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.