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 provides crushed stone, sand, and gravel products; ready mixed concrete, and asphalt and paving products; and 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. It also manufactures and markets magnesia-based chemical products for the industrial, agricultural, and environmental applications; and dolomitic lime primarily for customers in the steel and mining industries, as well as provides road paving construction services. The company's chemical products are used in flame retardants, wastewater treatment, pulp and paper production, and other environmental applications. Martin Marietta Materials, Inc. was founded in 1993 and is headquartered in Raleigh, North Carolina.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Mining & quarrying of nonmetallic minerals, except fuels
Sub-IndustryConstruction Materials
SectorConstruction
Current SymbolNYSE:MLM
Previous Symbol
CUSIP57328410
Phone919-781-4550
Debt
Debt-to-Equity Ratio0.57
Current Ratio1.88
Quick Ratio1.04
Price-To-Earnings
Trailing P/E Ratio25.62
Forward P/E Ratio22.49
P/E Growth1.89
Sales & Book Value
Annual Sales$3.97 billion
Price / Sales2.90
Cash Flow$11.6240 per share
Price / Cash15.77
Book Value$74.49 per share
Price / Book2.46
Profitability
EPS (Most Recent Fiscal Year)$7.18
Net Income$713.34 million
Net Margins17.95%
Return on Equity10.78%
Return on Assets5.57%
Miscellaneous
Employees8,406
Outstanding Shares62,710,000
Market Cap$11.85 billion
OptionableOptionable
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 announced a quarterly dividend on Thursday, November 15th. Stockholders of record on Monday, December 3rd will be paid a dividend of $0.48 per share on Monday, December 31st. This represents a $1.92 annualized dividend and a dividend yield of 1.04%. The ex-dividend date of this dividend is Friday, November 30th. View Martin Marietta Materials' Dividend History.
How were Martin Marietta Materials' earnings last quarter?
Martin Marietta Materials, Inc. (NYSE:MLM) posted its quarterly earnings data on Tuesday, November, 6th. The construction company reported $2.85 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $2.64 by $0.21. The construction company had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.20 billion. Martin Marietta Materials had a net margin of 17.95% and a return on equity of 10.78%. The firm's quarterly revenue was up 12.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.39 earnings per share. View Martin Marietta Materials' Earnings History.
When is Martin Marietta Materials' next earnings date?
What guidance has Martin Marietta Materials issued on next quarter's earnings?
Martin Marietta Materials issued an update on its FY 2018 earnings guidance on Tuesday, November, 6th. The company provided EPS guidance of for the period. The company issued revenue guidance of $4.135-4.255 billion, compared to the consensus revenue estimate of $4.08 billion.
What price target have analysts set for MLM?
9 brokers have issued 12 month target prices for Martin Marietta Materials' shares. Their predictions range from $179.00 to $260.00. On average, they anticipate Martin Marietta Materials' stock price to reach $214.25 in the next year. This suggests a possible upside of 16.1% from the stock's current price. View Analyst Price Targets for Martin Marietta Materials.
What is the consensus analysts' recommendation for Martin Marietta Materials?
9 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 5 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 somewhat negative recently, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Martin Marietta Materials earned a news sentiment score of -1.9 on InfoTrie's scale. They also gave media headlines about the construction company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future.
Who are some of Martin Marietta Materials' key competitors?
Some companies that are related to Martin Marietta Materials include Vulcan Materials (VMC), Teck Resources (TECK), Sociedad Quimica y Minera de Chile (SQM), MDU Resources Group (MDU), Compass Minerals International (CMP), Summit Materials (SUM), Hecla Mining (HL), U.S. Silica (SLCA), LYNAS CORP LTD/S (LYSDY), Hi-Crush Partners (HCLP), Intrepid Potash (IPI), Ciner Resources (CINR), United States Lime & Minerals (USLM), Smart Sand (SND) and Emerge Energy Services (EMES).
Who are Martin Marietta Materials' key executives?
Martin Marietta Materials' management team includes the folowing people:
- Mr. C. Howard Nye, Chairman, CEO & Pres (Age 55)
- Mr. James A. J. Nickolas, Sr. VP & CFO (Age 47)
- Ms. Roselyn R. Bar, Exec. VP, Gen. Counsel & Corp. Sec. (Age 59)
- Mr. Donald A. McCunniff, Sr. VP of HR (Age 61)
- Mr. Daniel L. Grant, Sr. VP of Strategy & Devel. (Age 63)
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 BlackRock Inc. (6.21%), Baillie Gifford & Co. (5.25%), Select Equity Group L.P. (3.93%), Gardner Russo & Gardner LLC (3.17%), Iridian Asset Management LLC CT (3.02%) and FMR LLC (2.92%). Company insiders that own Martin Marietta Materials stock include Anne H Lloyd, 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 Neuberger Berman Group LLC, Mackenzie Financial Corp, King Luther Capital Management Corp, Bamco Inc. NY, Epoch Investment Partners Inc., First Eagle Investment Management LLC, BlackRock Inc. and FIL Ltd. Company insiders that have sold Martin Marietta Materials company stock in the last year include C Howard Nye, Donald A Mccunniff, Laree E Perez, Michael J Quillen, 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 bought by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., Select Equity Group L.P., Findlay Park Partners LLP, Carillon Tower Advisers Inc., Credit Suisse AG, Dimensional Fund Advisors LP, Cannell Peter B & Co. Inc. and Iridian Asset Management LLC CT. 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 $184.52.
How big of a company is Martin Marietta Materials?
Martin Marietta Materials has a market capitalization of $11.85 billion and generates $3.97 billion in revenue each year. The construction company earns $713.34 million in net income (profit) each year or $7.18 on an earnings per share basis. Martin Marietta Materials employs 8,406 workers across the globe.
What is Martin Marietta Materials' official website?
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)
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.
