Summit Materials, Inc, through its subsidiaries, produces and sells construction materials and related downstream products for the public infrastructure, residential and nonresidential, and other markets. It operates in three segments: West, East, and Cement. The company's products include aggregates, cement, ready-mix concrete, asphalt paving mixes, and concrete products, as well as plastics components.
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Industry, Sector and Symbol
Industry Mining & quarrying of nonmetallic minerals, except fuels
Sub-IndustryN/A
SectorConstruction
Phone303-893-0012
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$2.10 billion
Profitability
Miscellaneous
Employees6,000
Next Earnings Date11/5/2019 (Estimated)
OptionableOptionable
Summit Materials (NYSE:SUM) Frequently Asked Questions
What is Summit Materials' stock symbol?
Summit Materials trades on the New York Stock Exchange (NYSE) under the ticker symbol "SUM."
How were Summit Materials' earnings last quarter?
Summit Materials Inc (NYSE:SUM) posted its quarterly earnings results on Thursday, August, 1st. The construction company reported $0.31 EPS for the quarter, missing the Zacks' consensus estimate of $0.38 by $0.07. The construction company earned $600.90 million during the quarter, compared to the consensus estimate of $583.06 million. Summit Materials had a return on equity of 1.68% and a net margin of 0.94%. The company's revenue for the quarter was up .0% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.32 earnings per share. View Summit Materials' Earnings History.
When is Summit Materials' next earnings date?
What price target have analysts set for SUM?
10 analysts have issued 12 month price targets for Summit Materials' stock. Their forecasts range from $18.00 to $24.00. On average, they expect Summit Materials' stock price to reach $20.2222 in the next twelve months. This suggests that the stock has a possible downside of 11.2%. View Analyst Price Targets for Summit Materials.
What is the consensus analysts' recommendation for Summit Materials?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Summit Materials in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Summit Materials.
Has Summit Materials been receiving favorable news coverage?
News headlines about SUM stock have been trending negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Summit Materials earned a media sentiment score of -2.9 on InfoTrie's scale. They also gave news articles about the construction company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for Summit Materials.
Who are some of Summit Materials' key competitors?
Some companies that are related to Summit Materials include Sociedad Quimica y Minera de Chile (SQM), Mdu Resources Group (MDU), Compass Minerals International (CMP), LYNAS CORP LTD/S (LYSDY), Hecla Mining (HL), U.S. Silica (SLCA), Intrepid Potash (IPI), United States Lime & Minerals (USLM), Ciner Resources (CINR), Hi-Crush (HCR), Smart Sand (SND), PIEDMONT LITHIU/S (PLLL), Piedmont Lithium (PLL), ZEN Graphene Solutions (ZENYF) and Canada Jetlines (JETMF).
What other stocks do shareholders of Summit Materials own?
Who are Summit Materials' key executives?
Summit Materials' management team includes the folowing people:
- Mr. Thomas W. Hill B.A., MBA, Founder, Pres, CEO & Director (Age 63)
- Mr. Brian J. Harris, Exec. VP & CFO (Age 63)
- Mr. Karl H. Watson Jr., Exec. VP & COO (Age 54)
- Mr. Michael J. Brady, Exec. VP & Chief Bus. Devel. Officer (Age 51)
- Mr. M. Shane Evans, Exec. VP & Pres of West Division (Age 48)
When did Summit Materials IPO?
(SUM) raised $400 million in an initial public offering 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 acted 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 a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.22%), Janus Henderson Group PLC (8.77%), Janus Henderson Group PLC (8.77%), BlackRock Inc. (6.84%), Jennison Associates LLC (5.63%) and Jennison Associates LLC (5.63%). Company insiders that own Summit Materials stock include Anne Lee Benedict, Brian James Harris, Damian John Murphy, Douglas Charles Rauh, John Raymond Murphy, Karl Watson, Ted A Gardner, Thomas A Beck and Thomas W Hill. View Institutional Ownership Trends for Summit Materials.
Which major investors are selling Summit Materials stock?
SUM stock was sold by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Jennison Associates LLC, Bank of America Corp DE, Lodge Hill Capital LLC, RE Advisers Corp, Westfield Capital Management Co. LP, Bamco Inc. NY and Lapides Asset Management LLC. View Insider Buying and Selling for Summit Materials.
Which major investors are buying Summit Materials stock?
SUM stock was bought by a variety of institutional investors in the last quarter, including Invesco Ltd., Nuveen Asset Management LLC, Bank of New York Mellon Corp, Janus Henderson Group PLC, Janus Henderson Group PLC, Putnam Investments LLC, Public Employees Retirement Association of Colorado and Paradigm Capital Management Inc. NY. Company insiders that have bought Summit Materials stock in the last two years include Brian James Harris, Karl Watson, Thomas A Beck and Thomas W Hill. View Insider Buying and Selling for Summit Materials.
How do I buy shares of Summit Materials?
Shares of SUM 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.
What is Summit Materials' stock price today?
One share of SUM stock can currently be purchased for approximately $22.76.
How big of a company is Summit Materials?
Summit Materials has a market capitalization of $2.55 billion and generates $2.10 billion in revenue each year. The construction company earns $36.33 million in net income (profit) each year or $0.15 on an earnings per share basis. Summit Materials employs 6,000 workers across the globe.View Additional Information About Summit Materials.
What is Summit Materials' official website?
How can I contact Summit Materials?
Summit Materials' mailing address is 1550 Wynkoop Street 3rd Floor, Denver CO, 80202. The construction company can be reached via phone at 303-893-0012 or via email at [email protected]
MarketBeat Community Rating for Summit Materials (NYSE SUM)
MarketBeat's community ratings are surveys of what our community members think about Summit Materials and other stocks. Vote "Outperform" if you believe SUM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SUM will underperform the S&P 500 over the long term. You may vote once every thirty days.
