NYSE:MLM

Martin Marietta Materials Stock Forecast, Price & News

$350.03
+1.47 (+0.42 %)
(As of 04/23/2021 12:37 PM ET)
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Today's Range
$348.00
Now: $350.03
$351.99
50-Day Range
$316.38
MA: $339.22
$351.93
52-Week Range
$151.94
Now: $350.03
$353.76
Volume1,086 shs
Average Volume540,083 shs
Market Capitalization$21.83 billion
P/E Ratio32.71
Dividend Yield0.65%
Beta0.69
Martin Marietta Materials, Inc., a natural resource-based building materials company, supplies aggregates and heavy-side building materials to the construction industry in the United States and internationally. It offers crushed stone, sand, and gravel products; ready mixed concrete and asphalt; paving products and services; and Portland and specialty cement used in the infrastructure projects, and nonresidential and residential construction markets, as well as in the railroad, agricultural, utility, and environmental industries. The company 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. Its chemical products are used in flame retardants, wastewater treatment, pulp and paper production, and other environmental applications. The company was founded in 1939 and is headquartered in Raleigh, North Carolina.
Martin Marietta Materials logo

Industry, Sector and Symbol

Industry Mining & quarrying of nonmetallic minerals, except fuels
Sub-IndustryConstruction Materials
CUSIP57328410
Phone(919) 781-4550
Employees8,700
Year Founded1993

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.74 billion
Cash Flow$18.05 per share
Book Value$85.65 per share

Profitability

Net Income$611.90 million

Miscellaneous

Market Cap$21.83 billion
Next Earnings Date5/4/2021 (Confirmed)
OptionableOptionable

Headlines

Innovative Technology to Aid Watsco's (WSO) Q1 Earnings
April 20, 2021 |  finance.yahoo.com
Is MLM Stock A Buy or Sell?
March 29, 2021 |  finance.yahoo.com
Summit Materials Stock's RS Rating Is Solid As Concrete
February 25, 2021 |  finance.yahoo.com
See More Headlines

MarketRank

Overall MarketRank

1.58 out of 5 stars

Construction Sector

54th out of 206 stocks

Mining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry

3rd out of 33 stocks

Analyst Opinion: 1.2Community Rank: 2.5Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 0.0 5 -4 -3 -2 -1 -
$350.03
+1.47 (+0.42 %)
(As of 04/23/2021 12:37 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Martin Marietta Materials (NYSE:MLM) Frequently Asked Questions

Is Martin Marietta Materials a buy right now?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Martin Marietta Materials in the last year. There are currently 10 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street 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.

What stocks does MarketBeat like better than Martin Marietta Materials?

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

Are investors shorting Martin Marietta Materials?

Martin Marietta Materials saw a decline in short interest during the month of March. As of March 15th, there was short interest totaling 625,800 shares, a decline of 33.3% from the February 28th total of 938,300 shares. Based on an average trading volume of 550,100 shares, the days-to-cover ratio is currently 1.1 days. Currently, 1.0% of the company's stock are short sold.
View Martin Marietta Materials' Short Interest
.

When is Martin Marietta Materials' next earnings date?

Martin Marietta Materials is scheduled to release its next quarterly earnings announcement on Tuesday, May 4th 2021.
View our earnings forecast for Martin Marietta Materials
.

How can I listen to Martin Marietta Materials' earnings call?

Martin Marietta Materials will be holding an earnings conference call on Tuesday, May 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Martin Marietta Materials' earnings last quarter?

Martin Marietta Materials, Inc. (NYSE:MLM) issued its quarterly earnings results on Tuesday, February, 9th. The construction company reported $2.93 EPS for the quarter, beating the Zacks' consensus estimate of $2.28 by $0.65. The construction company had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.10 billion. Martin Marietta Materials had a trailing twelve-month return on equity of 12.22% and a net margin of 14.38%. The company's revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter last year, the business posted $2.09 earnings per share.
View Martin Marietta Materials' earnings history
.

How has Martin Marietta Materials' stock been impacted by Coronavirus?

Martin Marietta Materials' stock was trading at $206.51 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MLM stock has increased by 70.2% and is now trading at $351.47.
View which stocks have been most impacted by COVID-19
.

How often does Martin Marietta Materials pay dividends? What is the dividend yield for Martin Marietta Materials?

Martin Marietta Materials declared a quarterly dividend on Thursday, February 18th. Stockholders of record on Monday, March 1st will be given a dividend of $0.57 per share on Wednesday, March 31st. This represents a $2.28 annualized dividend and a dividend yield of 0.65%. The ex-dividend date of this dividend is Friday, February 26th.
View Martin Marietta Materials' dividend history
.

Is Martin Marietta Materials a good dividend stock?

Martin Marietta Materials pays an annual dividend of $2.28 per share and currently has a dividend yield of 0.65%. 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.

What guidance has Martin Marietta Materials issued on next quarter's earnings?

Martin Marietta Materials updated its FY 2021 Pre-Market earnings guidance on Tuesday, February, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $4.51-4.7 billion, compared to the consensus revenue estimate of $4.48 billion.

What price target have analysts set for MLM?

19 brokerages have issued 1 year price targets for Martin Marietta Materials' shares. Their forecasts range from $129.00 to $372.00. On average, they anticipate Martin Marietta Materials' share price to reach $280.22 in the next year. This suggests that the stock has a possible downside of 20.3%.
View analysts' price targets for Martin Marietta Materials
or view top-rated stocks among Wall Street analysts.

Who are Martin Marietta Materials' key executives?

Martin Marietta Materials' management team includes the following people:
  • Mr. C. Howard Nye, Chairman, CEO & Pres (Age 58, Pay $2.83M)
  • Mr. James A. J. Nickolas, Sr. VP & CFO (Age 50, Pay $1.08M) (LinkedIn Profile)
  • Ms. Roselyn R. Bar, Exec. VP, Gen. Counsel & Corp. Sec. (Age 62, Pay $1.23M) (LinkedIn Profile)
  • Mr. Craig M. LaTorre, Sr. VP & Chief Human Resource Officer (Age 53, Pay $896.61k) (LinkedIn Profile)
  • Mr. Daniel L. Grant, Sr. VP of Strategy & Devel. (Age 66, Pay $804.37k)
  • Mr. Jay Moreau, VP of Operations (Age 55)
  • Mr. Robert J. Cardin, Sr. VP, Controller & Chief Accounting Officer (Age 58) (LinkedIn Profile)
  • Mr. John P. Mohr, Sr. VP & Chief Information Officer (Age 56) (LinkedIn Profile)
  • Suzanne Osberg, VP of Investor Relations
  • Ms. Dana F. Guzzo, Sr. VP of Sustainability, Community Relations & Communications (Age 55)

What is C. Howard Nye's approval rating as Martin Marietta Materials' CEO?

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.

Who are some of Martin Marietta Materials' key competitors?

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), The Boeing (BA), Alibaba Group (BABA), UnitedHealth Group (UNH), Broadcom (AVGO), salesforce.com (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 variety of institutional and retail investors. Top institutional shareholders include Mcdonald Capital Investors Inc. CA (0.21%), DnB Asset Management AS (0.20%), Scout Investments Inc. (0.18%), Strs Ohio (0.16%), Retirement Systems of Alabama (0.16%) and Heritage Investors Management Corp (0.14%). Company insiders that own Martin Marietta Materials stock include C Howard Nye, Donald A Mccunniff, 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
.

Which major investors are selling Martin Marietta Materials stock?

MLM stock was sold by a variety of institutional investors in the last quarter, including New York State Teachers Retirement System, Heritage Investors Management Corp, Chevy Chase Trust Holdings Inc., Retirement Systems of Alabama, BOKF NA, Mcdonald Capital Investors Inc. CA, Pacer Advisors Inc., and Bartlett & Co. LLC. 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.

Which major investors are buying Martin Marietta Materials stock?

MLM stock was purchased by a variety of institutional investors in the last quarter, including DnB Asset Management AS, Hexavest Inc., Schwab Charitable Fund, Scout Investments Inc., Huntington National Bank, Golden Green Inc., Royal London Asset Management Ltd., and Everence Capital Management Inc.. 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.

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 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 $351.47.

How much money does Martin Marietta Materials make?

Martin Marietta Materials has a market capitalization of $21.92 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.

How many employees does Martin Marietta Materials have?

Martin Marietta Materials employs 8,700 workers across the globe.

When was Martin Marietta Materials founded?

Martin Marietta Materials was founded in 1993.

What is Martin Marietta Materials' official website?

The official website for Martin Marietta Materials is www.martinmarietta.com.

Where are Martin Marietta Materials' headquarters?

Martin Marietta Materials is headquartered at 2710 WYCLIFF ROAD, RALEIGH NC, 27607.

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.


This page was last updated on 4/23/2021 by MarketBeat.com Staff
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