NYSE:MLM

Martin Marietta Materials - MLM Price Target & Analyst Ratings

$336.83

+3.38 (+1.01%)

(As of 03/24/2023 12:00 AM ET)

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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

Institutional Ownership

Martin Marietta Materials Consensus Rating and Price Target (2023)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Moderate Buy
Based on 13 Analyst Ratings

Consensus Analyst Price Target

$404.50
20.09% Upside

High Prediction	$450.00
Average Prediction	$404.50
Low Prediction	$350.00

Type	Current 3/26/22 to 3/26/23	1 Month Ago 2/24/22 to 2/24/23	3 Months Ago 12/26/21 to 12/26/22	1 Year Ago 3/26/21 to 3/26/22
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	9 Buy rating(s)	9 Buy rating(s)	9 Buy rating(s)	8 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	1 Hold rating(s)	2 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$404.50	$404.50	$398.30	$446.20
Predicted Upside	20.09% Upside	14.55% Upside	17.63% Upside	14.66% Upside

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MLM Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

MLM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Martin Marietta Materials Stock vs. The Competition

Type	Martin Marietta Materials	Construction Companies	S&P 500
Consensus Rating Score	2.69	2.45	2.47
Consensus Rating	Moderate Buy	Hold	Hold
Predicted Upside	20.09% Upside	71.99% Upside	23.68% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

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Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
2/21/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight	$397.00 ➝ $390.00	+6.83%
2/16/2023	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$410.00 ➝ $450.00	+17.55%
2/16/2023	DA Davidson Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$380.00 ➝ $450.00	+17.55%
2/16/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$389.00 ➝ $405.00	+5.80%
2/15/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral	$374.00 ➝ $420.00	+9.72%
2/10/2023	Seaport Res Ptn Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Seth Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Neutral

1/24/2023	Atlantic Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Overweight ➝ Neutral	$375.00 ➝ $350.00	+0.31%
1/10/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$385.00 ➝ $406.00	+17.64%
12/19/2022	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$400.00 ➝ $405.00	+16.42%
12/8/2022	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$410.00 ➝ $395.00	+12.06%
9/20/2022	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Outperform	$407.00	+21.21%
9/20/2022	Exane BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Outperform
7/14/2022	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Peer Perform ➝ Outperform	$406.00 ➝ $384.00	+23.99%
7/5/2022	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$392.00	+31.54%
2/11/2022	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Adam Seiden Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight	$485.00 ➝ $450.00	+16.30%
11/4/2021	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight	$430.00 ➝ $475.00	+16.39%
8/25/2021	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Philip Ng Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$440.00	+12.95%
12/8/2020	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$262.00	-7.36%
11/23/2020	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$311.00 ➝ $318.00	+19.73%
10/22/2020	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
10/13/2020	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral	$246.00 ➝ $280.00	+3.64%
5/6/2020	Cfra Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$298.00 ➝ $215.00	+19.73%
5/6/2020	Nomura Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy	$242.00	+34.68%
4/17/2020	Nomura Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$218.00 ➝ $242.00	+29.11%

(Data available from 3/26/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

MLM Price Target - Frequently Asked Questions

What is Martin Marietta Materials's consensus rating and price target?: According to the issued ratings of 13 analysts in the last year, the consensus rating for Martin Marietta Materials stock is Moderate Buy based on the current 4 hold ratings and 9 buy ratings for MLM. The average twelve-month price prediction for Martin Marietta Materials is $404.50 with a high price target of $450.00 and a low price target of $350.00. Learn more on MLM's analyst rating history.
Do Wall Street analysts like Martin Marietta Materials more than its competitors?: Analysts like Martin Marietta Materials more than other Construction companies. The consensus rating for Martin Marietta Materials is Moderate Buy while the average consensus rating for construction companies is Hold. Learn more on how MLM compares to other companies.
Is Martin Marietta Materials being downgraded by Wall Street analysts?: Over the previous 90 days, Martin Marietta Materials's stock had 1 downgrade by analysts.

Does Martin Marietta Materials's stock price have much upside?: According to analysts, Martin Marietta Materials's stock has a predicted upside of 14.55% based on their 12-month price targets.
What analysts cover Martin Marietta Materials?: Martin Marietta Materials has been rated by Atlantic Securities, Citigroup, DA Davidson, Loop Capital, Morgan Stanley, Raymond James, Seaport Res Ptn, and The Goldman Sachs Group in the past 90 days.

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This page (NYSE:MLM) was last updated on 3/26/2023 by MarketBeat.com Staff

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