Martin Marietta Materials Stock Price, News & Analysis (NYSE:MLM)

Martin Marietta Materials trades on the New York Stock Exchange (NYSE) under the ticker symbol "MLM."

Martin Marietta Materials declared a quarterly dividend on Wednesday, August 14th. Stockholders of record on Tuesday, September 3rd will be paid a dividend of $0.55 per share on Monday, September 30th. This represents a $2.20 annualized dividend and a dividend yield of 0.83%. The ex-dividend date of this dividend is Friday, August 30th. This is a boost from Martin Marietta Materials's previous quarterly dividend of $0.48. View Martin Marietta Materials' Dividend History.

Martin Marietta Materials, Inc. (NYSE:MLM) issued its quarterly earnings results on Tuesday, July, 30th. The construction company reported $3.01 EPS for the quarter, missing the Zacks' consensus estimate of $3.08 by $0.07. The construction company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.27 billion. Martin Marietta Materials had a net margin of 11.37% and a return on equity of 10.35%. The company's revenue was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.25 EPS. View Martin Marietta Materials' Earnings History.

Martin Marietta Materials is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for Martin Marietta Materials.

Martin Marietta Materials will be holding an earnings conference call on Tuesday, October 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Martin Marietta Materials updated its FY 2019 earnings guidance on Tuesday, July, 30th. The company provided EPS guidance of for the period. The company issued revenue guidance of $4.535-4.73 billion, compared to the consensus revenue estimate of $4.34 billion.

16 brokers have issued 12-month price objectives for Martin Marietta Materials' shares. Their predictions range from $194.00 to $290.00. On average, they expect Martin Marietta Materials' share price to reach $245.77 in the next year. This suggests that the stock has a possible downside of 7.5%. 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, 3 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Martin Marietta Materials.

Media coverage about MLM stock has trended somewhat negative on Saturday, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Martin Marietta Materials earned a news sentiment score of -1.5 on InfoTrie's scale. They also gave news stories about the construction company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Martin Marietta Materials.

Martin Marietta Materials saw a increase in short interest in the month of September. As of September 30th, there was short interest totalling 1,430,000 shares, an increase of 11.7% from the August 30th total of 1,280,000 shares. Based on an average daily trading volume, of 573,500 shares, the days-to-cover ratio is presently 2.5 days. Approximately 2.3% of the shares of the company are sold short. View Martin Marietta Materials' Current Options Chain.

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), Summit Materials (SUM), Compass Minerals International (CMP), LYNAS CORP LTD/S (LYSDY), Hecla Mining (HL), U.S. Silica (SLCA), United States Lime & Minerals (USLM), Intrepid Potash (IPI), Ciner Resources (CINR), 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), Netflix (NFLX), Alibaba Group (BABA), NVIDIA (NVDA), salesforce.com (CRM), Micron Technology (MU), Alphabet (GOOG), Boeing (BA), Adobe (ADBE) and Visa (V).

Martin Marietta Materials' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Confluence Investment Management LLC (0.67%), CIBC Private Wealth Group LLC (0.63%), Douglass Winthrop Advisors LLC (0.46%), Scout Investments Inc. (0.19%), Heritage Investors Management Corp (0.15%) and Rockland Trust Co. (0.12%). Company insiders that own Martin Marietta Materials stock include 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.

MLM stock was sold by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC, Scout Investments Inc., Harvey Capital Management Inc., Heritage Investors Management Corp, Envestnet Asset Management Inc., Lantz Financial LLC, Bright Rock Capital Management LLC and Douglass Winthrop Advisors LLC. 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 CIBC Private Wealth Group LLC, Gateway Investment Advisers LLC, DNB Asset Management AS, Robeco Institutional Asset Management B.V., Oakbrook Investments LLC, Exane Derivatives, Assenagon Asset Management S.A. and SeaCrest Wealth Management LLC. 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.

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 $265.78.

Martin Marietta Materials has a market capitalization of $16.60 billion and generates $4.24 billion in revenue each year. The construction company earns $470 million in net income (profit) each year or $8.09 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.