NYSE:SUM Summit Materials (SUM) Stock Price, News & Analysis $40.11 +1.25 (+3.22%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$39.67▼$40.6350-Day Range$35.30▼$41.1852-Week Range$29.98▼$44.89Volume1.12 million shsAverage Volume978,438 shsMarket Capitalization$7.04 billionP/E Ratio17.91Dividend YieldN/APrice Target$47.40 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Summit Materials alerts: Email Address Summit Materials MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.73 Rating ScoreUpside/Downside18.2% Upside$47.40 Price TargetShort InterestBearish2.57% of Shares Sold ShortDividend StrengthN/ASustainability-7.04Upright™ Environmental ScoreNews Sentiment-0.09Based on 7 Articles This WeekInsider TradingSelling Shares$2.03 M Sold Last QuarterProj. Earnings Growth36.81%From $1.82 to $2.49 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.76 out of 5 starsConstruction Sector37th out of 101 stocksMining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry6th out of 20 stocks 3.4 Analyst's Opinion Consensus RatingSummit Materials has received a consensus rating of Moderate Buy. The company's average rating score is 2.73, and is based on 8 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageSummit Materials has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Summit Materials' stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.57% of the outstanding shares of Summit Materials have been sold short.Short Interest Ratio / Days to CoverSummit Materials has a short interest ratio ("days to cover") of 4.6.Change versus previous monthShort interest in Summit Materials has recently increased by 5.62%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldSummit Materials does not currently pay a dividend.Dividend GrowthSummit Materials does not have a long track record of dividend growth. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSummit Materials has received a -119.30% net impact score from Upright. The largest negative impact of Summit Materials in category "GHG emissions" seems to be driven mostly by its "Construction sand", "Crushed stone", and "Concrete" products. See details.Environmental SustainabilityThe Environmental Impact score for Summit Materials is -7.04. Previous Next 1.6 News and Social Media Coverage News SentimentSummit Materials has a news sentiment score of -0.09. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Summit Materials this week, compared to 5 articles on an average week.Search InterestOnly 4 people have searched for SUM on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows4 people have added Summit Materials to their MarketBeat watchlist in the last 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Summit Materials insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,034,184.00 in company stock.Percentage Held by InsidersOnly 0.55% of the stock of Summit Materials is held by insiders.Read more about Summit Materials' insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Summit Materials are expected to grow by 36.81% in the coming year, from $1.82 to $2.49 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Summit Materials is 17.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.95.Price to Earnings Ratio vs. SectorThe P/E ratio of Summit Materials is 17.91, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 22.21.Price to Book Value per Share RatioSummit Materials has a P/B Ratio of 2.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Summit Materials' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaBrace Yourself: Experts calling for Bitcoin to hit $100kFor the past few months, Bitcoin has been trading flat… It's been stuck around the $60,000 to $72,000 range. But that could change soon. Very soon.Click here to get The Crypto Bull Run Millionaire Blueprint now. About Summit Materials Stock (NYSE:SUM)Summit Materials, Inc. operates as a vertically integrated construction materials company in the United States and Canada. It operates in three segments: West, East, and Cement. The company offers aggregates, cement, ready-mix concrete, asphalt paving mixes, and concrete products, as well as plastics components. It also provides asphalt paving and related services. In addition, the company operates municipal waste, construction, and demolition debris landfills; and liquid asphalt terminals. The company serves the public infrastructure, and residential and nonresidential end markets. Summit Materials, Inc. was founded in 2009 and is headquartered in Denver, Colorado.Read More SUM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SUM Stock News HeadlinesJuly 26 at 6:09 PM | tmcnet.comGMIF2024 Innovation Summit Invites All to Gather in Shenzhen on September 27July 26 at 6:09 PM | yahoo.comCommunity members gathered in La Jolla for an ending homelessness summitJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 24 at 12:25 PM | msn.comAscend commits to further N2O abatement at White House summitJuly 24 at 2:23 AM | msn.comCrime fighting robot makes job safer for Summit County Bomb SquadJuly 22, 2024 | finance.yahoo.comIs Summit Materials (SUM) Facing Short-Term Challenges?July 20, 2024 | msn.comEU, Serbia set to ink 'critical raw materials' dealJuly 20, 2024 | americanbankingnews.comSummit Materials, Inc. (NYSE:SUM) Receives $46.55 Average Price Target from BrokeragesJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 19, 2024 | prnewswire.comSummit Materials Announces Second Quarter 2024 Results Conference Call DateJuly 2, 2024 | seekingalpha.comSummit Materials: Still Cheap, Still Worth An Optimistic ViewMay 29, 2024 | msn.comUkrainian Minister tells about Ukraine's expectations from NATO summit in WashingtonMay 29, 2024 | msn.comCMAI Hosts Key Summit to Shape India's Carbon Policy and Achieve Net-Zero TargetsMay 28, 2024 | finance.yahoo.comJapan: Demonstrating Global Leadership in Pioneering Innovative Energy Technologies at the Japan Energy Summit & ExhibitionMay 28, 2024 | forbes.comSustianble Policy Is Discussed At Copenhagen’s 2024 Global Fashion SummitMay 28, 2024 | msn.comSelling Sustainability: How Copenhagen's Annual Summit Recycled Its Own MessageMay 22, 2024 | wsj.comSummit Materials Inc. Cl AMay 21, 2024 | finance.yahoo.comIs Now An Opportune Moment To Examine Summit Materials, Inc. (NYSE:SUM)?See More Headlines Receive SUM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Summit Materials and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/01/2024Today7/26/2024Next Earnings (Confirmed)8/05/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConstruction Industry Mining & quarrying of nonmetallic minerals, except fuels Sub-IndustryN/A Current SymbolNYSE:SUM CUSIPN/A CIK1621563 Webwww.summit-materials.com Phone(303) 893-0012Fax303-893-6993Employees5,300Year FoundedN/APrice Target and Rating Average Stock Price Target$47.40 High Stock Price Target$53.00 Low Stock Price Target$44.00 Potential Upside/Downside+17.6%Consensus RatingModerate Buy Rating Score (0-4)2.73 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$2.24 Trailing P/E Ratio17.99 Forward P/E Ratio22.14 P/E GrowthN/ANet Income$289.63 million Net Margins8.36% Pretax Margin11.84% Return on Equity7.33% Return on Assets3.63% Debt Debt-to-Equity Ratio0.66 Current Ratio2.58 Quick Ratio1.93 Sales & Book Value Annual Sales$2.62 billion Price / Sales2.70 Cash Flow$3.74 per share Price / Cash Flow10.76 Book Value$19.38 per share Price / Book2.08Miscellaneous Outstanding Shares175,460,000Free Float174,500,000Market Cap$7.07 billion OptionableOptionable Beta1.15 20 High-Yield Dividend Stocks that Could Ruin Your RetirementAlmost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.Get This Free Report Key ExecutivesMs. Anne P. Noonan (Age 61)President, CEO & Director Comp: $3.5MMr. C. Scott Anderson (Age 57)Executive VP & CFO Comp: $1.45MMr. Christopher Burke Gaskill (Age 42)Executive VP, Chief Legal Officer & Secretary Comp: $1.01MMs. Karli S. Anderson (Age 51)Executive VP of Chief People & ESG Officer and Head of Communications Comp: $1.02MMr. Brian J. Harris (Age 68)Executive Officer Comp: $777.31kMr. Kekin M. Ghelani (Age 50)Executive VP and Chief Strategy & Growth Officer Comp: $1.26MMr. Marshall D. Moore (Age 60)Executive VP & COO Mr. Brian D. Frantz (Age 61)Senior VP, Treasurer & Chief Accounting Officer Andy LarkinVice President, Investor RelationsTrent MussoSenior VP of Corporate DevelopmentMore ExecutivesKey CompetitorsTeck ResourcesNYSE:TECKSociedad Química y Minera de ChileNYSE:SQMMDU Resources GroupNYSE:MDUKnife RiverNYSE:KNFHecla MiningNYSE:HLView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 24,146 shares on 7/26/2024Ownership: 0.462%Allspring Global Investments Holdings LLCBought 151,739 shares on 7/26/2024Ownership: 0.086%Amica Mutual Insurance Co.Bought 3,846 shares on 7/26/2024Ownership: 0.023%Fifth Third BancorpBought 7,132 shares on 7/22/2024Ownership: 0.005%Raymond James & AssociatesBought 108,620 shares on 7/19/2024Ownership: 0.153%View All Insider TransactionsView All Institutional Transactions SUM Stock Analysis - Frequently Asked Questions How have SUM shares performed this year? Summit Materials' stock was trading at $38.46 at the start of the year. Since then, SUM shares have increased by 4.3% and is now trading at $40.11. View the best growth stocks for 2024 here. How were Summit Materials' earnings last quarter? Summit Materials, Inc. (NYSE:SUM) announced its earnings results on Wednesday, May, 1st. The construction company reported ($0.12) earnings per share for the quarter, topping analysts' consensus estimates of ($0.23) by $0.11. The firm's revenue was up 89.9% on a year-over-year basis. What is Thomas Hill's approval rating as Summit Materials' CEO? 7 employees have rated Summit Materials Chief Executive Officer Thomas Hill on Glassdoor.com. Thomas Hill has an approval rating of 100% among the company's employees. This puts Thomas Hill in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. When did Summit Materials IPO? Summit Materials (SUM) raised $400 million in an IPO on Thursday, March 12th 2015. The company issued 22,200,000 shares at a price of $17.00-$19.00 per share. Citigroup, Goldman Sachs, BofA Merrill Lynch, Barclays, Deutsche Bank Securities and RBC Capital Markets served as the underwriters for the IPO and Blackstone Capital Markets, BB&T Capital Markets, Stephens, Sterne Agee and Stifel were co-managers. Who are Summit Materials' major shareholders? Top institutional shareholders of Summit Materials include Bank of New York Mellon Corp (0.46%), Raymond James & Associates (0.15%), Allspring Global Investments Holdings LLC (0.09%) and Amica Mutual Insurance Co. (0.02%). Insiders that own company stock include Jason Kilgore, Anne K Wade and John Raymond Murphy. View institutional ownership trends. How do I buy shares of Summit Materials? Shares of SUM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Summit Materials own? Based on aggregate information from My MarketBeat watchlists, some other companies that Summit Materials investors own include Intel (INTC), Pfizer (PFE), Block (SQ), RTX (RTX), Western Digital (WDC), Bank of America (BAC) and Johnson & Johnson (JNJ). This page (NYSE:SUM) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. (my new AI-powered scanner) it's now easier than ever to find these unique trades... ...Monument Traders Alliance | SponsoredCollapse of the PetrodollarThe death of the "petrodollar" seems imminent. 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