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S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ruling halts oil exports from Iraq's Kurdish area via Turkey
Modern Day Options Trading For Beginners! (Ad)pixel
Venezuela: 21 officials, businessmen arrested in oil scheme
Finnish leadership condemns attack on veteran lawmaker
Modern Day Options Trading For Beginners! (Ad)pixel
Canada pledges Great Lakes funding after Trudeau-Biden talks
Challenger wins close race to lead United Auto Workers union
Fed's Shocking New Plan to Control Your Money (Ad)
Travel disruption hits Germany on eve of transport strike
Technical issues at Lufthansa cause delays in Frankfurt
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ruling halts oil exports from Iraq's Kurdish area via Turkey
Modern Day Options Trading For Beginners! (Ad)pixel
Venezuela: 21 officials, businessmen arrested in oil scheme
Finnish leadership condemns attack on veteran lawmaker
Modern Day Options Trading For Beginners! (Ad)pixel
Canada pledges Great Lakes funding after Trudeau-Biden talks
Challenger wins close race to lead United Auto Workers union
Fed's Shocking New Plan to Control Your Money (Ad)
Travel disruption hits Germany on eve of transport strike
Technical issues at Lufthansa cause delays in Frankfurt
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ruling halts oil exports from Iraq's Kurdish area via Turkey
Modern Day Options Trading For Beginners! (Ad)pixel
Venezuela: 21 officials, businessmen arrested in oil scheme
Finnish leadership condemns attack on veteran lawmaker
Modern Day Options Trading For Beginners! (Ad)pixel
Canada pledges Great Lakes funding after Trudeau-Biden talks
Challenger wins close race to lead United Auto Workers union
Fed's Shocking New Plan to Control Your Money (Ad)
Travel disruption hits Germany on eve of transport strike
Technical issues at Lufthansa cause delays in Frankfurt
NYSE:MLM

Martin Marietta Materials - MLM Stock Forecast, Price & News

$336.83
+3.38 (+1.01%)
(As of 03/24/2023 12:00 AM ET)
Add
Compare
Today's Range
$326.61
$337.28
50-Day Range
$320.60
$382.80
52-Week Range
$284.99
$406.85
Volume
352,874 shs
Average Volume
400,492 shs
Market Capitalization
$20.92 billion
P/E Ratio
24.27
Dividend Yield
0.78%
Price Target
$404.50

Martin Marietta Materials MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.69 Rating Score
Upside/​Downside
20.1% Upside
$404.50 Price Target
Short Interest
Healthy
1.41% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-5.65
Upright™ Environmental Score
News Sentiment
1.13mentions of Martin Marietta Materials in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
14.82%
From $14.84 to $17.04 Per Share

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 stars

Construction Sector

16th out of 107 stocks

Mining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry

1st out of 16 stocks


MLM stock logo

About Martin Marietta Materials (NYSE:MLM) Stock

Martin 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.

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MLM Stock News Headlines

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.
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.
KBR Stock Rises on Q4 Earnings Beat, Solid Backlog Level
Martin Marietta (MLM) Q4 Earnings Top Estimates
Martin Marietta Materials Q4 Adj. Profit Declines; Issues FY23 Outlook
Martin Marietta Materials, Inc. Q4 Profit Increases, but misses estimates
Earnings Preview: Martin Marietta Materials
See More Headlines
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MLM Company Calendar

Ex-Dividend for 12/30 Dividend
11/30/2022
Dividend Payable
12/30/2022
Last Earnings
2/15/2023
Ex-Dividend for 3/31 Dividend
3/03/2023
Today
3/26/2023
Dividend Payable
3/31/2023
Next Earnings (Estimated)
5/02/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Mining & quarrying of nonmetallic minerals, except fuels
Sub-Industry
Construction Materials
CUSIP
57328410
Employees
9,400
Year Founded
1993

Price 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 Rating
Moderate Buy
Rating Score (0-4)
2.69
Research Coverage
13 Analysts

Profitability

Net Income
$866.80 million
Pretax Margin
17.71%

Debt

Sales & Book Value

Annual Sales
$6.16 billion
Cash Flow
$20.82 per share
Book Value
$115.52 per share

Miscellaneous

Free Float
61,738,000
Market Cap
$20.92 billion
Optionable
Optionable
Beta
0.87

Social Links


Key Executives

  • C. Howard NyeC. Howard Nye
    Chairman, President & Chief Executive Officer
  • James A. J. Nickolas
    Chief Financial Officer & Senior Vice President
  • John P. MohrJohn P. Mohr
    Chief Information Officer & Senior Vice President
  • Roselyn R. BarRoselyn R. Bar
    Secretary, Executive VP & General Counsel
  • Robert J. Cardin
    Chief Accounting Officer, SVP & Controller













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
.

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