Summit Materials Stock Price, News & Analysis (NYSE:SUM) $36.42 +0.48 (+1.34%) (As of 04:38 PM ET) Add Compare Share Share Today's Range$35.75▼$36.4450-Day Range$31.10▼$35.9552-Week Range$25.43▼$39.56Volume620,418 shsAverage Volume838,300 shsMarket Capitalization$4.35 billionP/E Ratio13.95Dividend YieldN/APrice Target$40.08 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Summit Materials MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.54 Rating ScoreUpside/Downside10.5% Upside$40.08 Price TargetShort InterestHealthy3.60% of Shares Sold ShortDividend StrengthN/ASustainability-7.04Upright™ Environmental ScoreNews Sentiment0.67Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth20.55%From $1.46 to $1.76 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.87 out of 5 starsConstruction Sector51st out of 80 stocksMining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry10th out of 14 stocks 2.3 Analyst's Opinion Consensus RatingSummit Materials has received a consensus rating of Moderate Buy. The company's average rating score is 2.54, and is based on 8 buy ratings, 4 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $40.08, Summit Materials has a forecasted upside of 10.5% from its current price of $36.27.Amount of Analyst CoverageSummit Materials has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.60% 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 3.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Summit Materials has recently increased by 0.70%, indicating that investor sentiment is decreasing. 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 2.6 News and Social Media Coverage News SentimentSummit Materials has a news sentiment score of 0.67. 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 0.78 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Summit Materials this week, compared to 4 articles on an average week.Search Interest12 people have searched for SUM on MarketBeat in the last 30 days. This is an increase of 140% compared to the previous 30 days.MarketBeat Follows6 people have added Summit Materials to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Summit Materials insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.47% of the stock of Summit Materials is held by insiders. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Summit Materials are expected to grow by 20.55% in the coming year, from $1.46 to $1.76 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Summit Materials is 13.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.85.Price to Earnings Ratio vs. SectorThe P/E ratio of Summit Materials is 13.90, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 15.74.Price to Book Value per Share RatioSummit Materials has a P/B Ratio of 2.13. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Summit Materials Stock (NYSE:SUM)Summit Materials, Inc. operates as a vertically integrated construction materials company. 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. It serves the public infrastructure, and residential and nonresidential end markets in the United States; and in British Columbia, Canada. The company 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 HeadlinesDecember 5, 2023 | americanbankingnews.comSummit Materials, Inc. (NYSE:SUM) Receives Consensus Rating of "Moderate Buy" from AnalystsNovember 30, 2023 | msn.comSummit Materials announces pricing of $800M of 7.250% senior notes due 2031December 8, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.November 30, 2023 | finance.yahoo.comSummit Materials Announces Pricing of $800 Million of 7.250% Senior Notes Due 2031November 27, 2023 | markets.businessinsider.comSummit Materials Plans To Offer $800.0 Million Aggregate Principal Amount Of Senior Notes Due 2031November 27, 2023 | finance.yahoo.comSUMMIT MATERIALS ANNOUNCES INTENTION TO OFFER $800 MILLION OF SENIOR NOTESNovember 27, 2023 | investing.comSummit Materials stock rises, matches industry PE ratioNovember 26, 2023 | seekingalpha.comSummit Materials: A Good Buy At Current LevelsDecember 8, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.November 24, 2023 | finance.yahoo.comWhen Should You Buy Summit Materials, Inc. (NYSE:SUM)?November 7, 2023 | finance.yahoo.comIs Summit Materials, Inc. (NYSE:SUM) Worth US$33.9 Based On Its Intrinsic Value?November 7, 2023 | markets.businessinsider.comAnalysts Offer Insights on Materials Companies: Summit Materials (SUM) and Sealed Air (SEE)November 3, 2023 | finance.yahoo.comSummit Materials, Inc. (NYSE:SUM) Q3 2023 Earnings Call TranscriptNovember 2, 2023 | msn.comSummit Materials Non-GAAP EPS of $0.81 beats by $0.06, revenue of $741.96M in-lineNovember 2, 2023 | finance.yahoo.comCompared to Estimates, Summit Materials (SUM) Q3 Earnings: A Look at Key MetricsNovember 1, 2023 | finance.yahoo.comSummit Materials, Inc. Reports Third Quarter 2023 ResultsNovember 1, 2023 | finance.yahoo.comSummit Materials Inc (SUM) Reports Record Revenue and Profitability in Q3 2023October 31, 2023 | msn.comSummit Materials Q3 2023 Earnings PreviewOctober 27, 2023 | finance.yahoo.comSummit Materials (SUM) Fell on an Acquisition AnnouncementOctober 26, 2023 | msn.comSeaport Global Upgrades Summit Materials Inc - (SUM)October 24, 2023 | finance.yahoo.comSummit Materials Announces Expiration of Hart-Scott-Rodino Act Waiting Period for Pending Transaction with Cementos ArgosOctober 23, 2023 | finance.yahoo.comWhat Makes Summit Materials (SUM) an Attractive Bet?October 23, 2023 | finance.yahoo.comSummit Materials' Continental Cement Signs Memorandum of Understanding with PCC Hydrogen to Explore Collaborative Opportunities to Lower Carbon EmissionsOctober 22, 2023 | finance.yahoo.comSummit Materials' (NYSE:SUM) five-year earnings growth trails the impressive shareholder returnsOctober 20, 2023 | finance.yahoo.comSummit Materials (SUM) Stock Jumps 6.5%: Will It Continue to Soar?October 20, 2023 | finance.yahoo.comSummit Materials Stock Sees Relative Strength Rating Builds Up To 88October 19, 2023 | markets.businessinsider.comGoldman Sachs Sticks to Its Hold Rating for Summit Materials (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 Earnings11/01/2023Today12/08/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/21/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Mining & quarrying of nonmetallic minerals, except fuels Sub-IndustryN/A SectorConstruction Current SymbolNYSE:SUM CUSIPN/A CIK1621563 Webwww.summit-materials.com Phone(303) 893-0012Fax303-893-6993Employees4,800Year FoundedN/APrice Target and Rating Average Stock Price Target$40.08 High Stock Price Target$48.00 Low Stock Price Target$28.00 Potential Upside/Downside+11.2%Consensus RatingModerate Buy Rating Score (0-4)2.54 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$2.61 Trailing P/E Ratio13.81 Forward P/E Ratio24.68 P/E GrowthN/ANet Income$275.94 million Net Margins12.45% Pretax Margin14.65% Return on Equity9.07% Return on Assets4.41% Debt Debt-to-Equity Ratio0.64 Current Ratio2.51 Quick Ratio1.82 Sales & Book Value Annual Sales$2.51 billion Price / Sales1.71 Cash Flow$3.14 per share Price / Cash Flow11.49 Book Value$16.99 per share Price / Book2.12Miscellaneous Outstanding Shares119,461,000Free Float118,900,000Market Cap$4.31 billion OptionableOptionable Beta1.36 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMs. Anne P. Noonan (Age 60)President, CEO & Director Comp: $2.28MMr. Christopher Burke Gaskill (Age 41)Executive VP, Chief Legal Officer & Secretary Comp: $743.46kMs. Karli S. Anderson (Age 50)Executive VP of Chief People & ESG Officer and Head of Communications Comp: $679.86kMr. Brian J. Harris (Age 67)Executive Officer Comp: $1.03MMr. Kekin M. Ghelani (Age 49)Chief Strategy & Growth Officer Comp: $840.56kMr. Scott AndersonExecutive VP & CFOAndy LarkinVice President, Investor RelationsTrent MussoSenior VP of Corporate DevelopmentMr. David LoomesPresident of Continental Cement Company, L.L.C.Julio DaSilvaChief Information Technology OfficerMore ExecutivesKey CompetitorsKnife RiverNYSE:KNFKB HomeNYSE:KBHArmstrong World IndustriesNYSE:AWIInstalled Building ProductsNYSE:IBPBoise CascadeNYSE:BCCView All CompetitorsInstitutional OwnershipCitigroup Inc.Sold 12,324 shares on 12/6/2023Ownership: 0.029%American Century Companies Inc.Bought 185,998 shares on 11/30/2023Ownership: 1.001%Neo Ivy Capital ManagementBought 9,560 shares on 11/30/2023Ownership: 0.008%Deutsche Bank AGBought 9,221 shares on 11/24/2023Ownership: 0.049%EP Wealth Advisors LLCSold 28,484 shares on 11/24/2023Ownership: 0.008%View All Institutional Transactions SUM Stock Analysis - Frequently Asked Questions Should I buy or sell Summit Materials stock right now? 13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Summit Materials in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SUM shares. View SUM analyst ratings or view top-rated stocks. What is Summit Materials' stock price target for 2024? 13 Wall Street analysts have issued 1 year price objectives for Summit Materials' shares. Their SUM share price targets range from $28.00 to $48.00. On average, they expect the company's share price to reach $40.08 in the next twelve months. This suggests a possible upside of 10.5% from the stock's current price. View analysts price targets for SUM or view top-rated stocks among Wall Street analysts. How have SUM shares performed in 2023? Summit Materials' stock was trading at $28.39 at the start of the year. Since then, SUM stock has increased by 27.8% and is now trading at $36.27. View the best growth stocks for 2023 here. When is Summit Materials' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 21st 2024. View our SUM earnings forecast. How were Summit Materials' earnings last quarter? Summit Materials, Inc. (NYSE:SUM) announced its quarterly earnings results on Wednesday, November, 1st. The construction company reported $0.81 EPS for the quarter, beating the consensus estimate of $0.75 by $0.06. The construction company had revenue of $742 million for the quarter, compared to analysts' expectations of $735.61 million. Summit Materials had a net margin of 12.45% and a trailing twelve-month return on equity of 9.07%. Summit Materials's revenue was up 8.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.70 earnings per share. How often does Summit Materials pay dividends? What is the dividend yield for Summit Materials? Summit Materials announced a -- dividend on Wednesday, December 14th. Stockholders of record on Thursday, December 15th will be given a dividend of $1.70 per share on Thursday, December 29th. The ex-dividend date is Wednesday, December 14th. Read our dividend analysis for SUM. What ETFs hold Summit Materials' stock? ETFs with the largest weight of Summit Materials (NYSE:SUM) stock in their portfolio include Tema American Reshoring ETF (RSHO), Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ), Nuveen Small Cap Select ETF (NSCS), Thrivent Small-Mid Cap ESG ETF (TSME), T. Rowe Price Small-Mid Cap ETF (TMSL), Dimensional US Small Cap Value ETF (DFSV), Vanguard Russell 2000 Value ETF (VTWV) and iShares Russell 2000 Value ETF (IWN). 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. What other stocks do shareholders of Summit Materials own? Based on aggregate information from My MarketBeat watchlists, some companies that other Summit Materials investors own include Intel (INTC), Pfizer (PFE), Block (SQ), RTX (RTX), Western Digital (WDC), Bank of America (BAC), Johnson & Johnson (JNJ), Altria Group (MO), AT&T (T) and UnitedHealth Group (UNH). When did Summit Materials IPO? (SUM) raised $400 million in an IPO on Thursday, March 12th 2015. The company issued 22,200,000 shares at $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? Summit Materials' stock is owned by many different retail and institutional investors. Top institutional shareholders include Massachusetts Financial Services Co. MA (4.64%), Principal Financial Group Inc. (4.42%), FMR LLC (3.25%), Victory Capital Management Inc. (3.23%), Invesco Ltd. (2.97%) and Clearbridge Investments LLC (2.56%). Insiders that own company stock include Anne K Wade, Howard L Lance, John Raymond Murphy and Joseph S Cantie. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NYSE:SUM) was last updated on 12/8/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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