Summit Materials Stock Forecast, Price & News

Summit Materials (NYSE:SUM) Frequently Asked Questions

Is Summit Materials a buy right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Summit Materials in the last year. There are currently 1 sell rating, 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Summit Materials stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SUM, but not buy additional shares or sell existing shares.
View analyst ratings for Summit Materials or view top-rated stocks.

How has Summit Materials' stock been impacted by Coronavirus?

Summit Materials' stock was trading at $14.15 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SUM stock has increased by 177.5% and is now trading at $39.27.
View which stocks have been most impacted by COVID-19.

When is Summit Materials' next earnings date?

Summit Materials is scheduled to release its next quarterly earnings announcement on Tuesday, February 22nd 2022.
View our earnings forecast for Summit Materials.

How were Summit Materials' earnings last quarter?

Summit Materials, Inc. (NYSE:SUM) released its quarterly earnings data on Wednesday, November, 3rd. The construction company reported $0.68 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.64 by $0.04. Summit Materials had a net margin of 5.89% and a trailing twelve-month return on equity of 7.72%. During the same quarter in the prior year, the firm posted $0.55 earnings per share.
View Summit Materials' earnings history.

What price target have analysts set for SUM?

11 brokers have issued 1 year price targets for Summit Materials' shares. Their forecasts range from $16.00 to $45.00. On average, they anticipate Summit Materials' stock price to reach $36.36 in the next twelve months. This suggests that the stock has a possible downside of 7.4%.
View analysts' price targets for Summit Materials or view top-rated stocks among Wall Street analysts.

Who are Summit Materials' key executives?

Summit Materials' management team includes the following people:

• Anne P. Noonan, President, Chief Executive Officer & Director
• Brian J. Harris, Chief Financial Officer & Executive Vice President
• Karli Schumaker Anderson, Chief ESG Officer & Executive Vice President
• Deon MacMillan, Chief People Officer & Executive Vice President
• Christopher B. Gaskill, Secretary, Chief Legal Officer & Executive VP

What is Thomas Hill's approval rating as Summit Materials' CEO?

7 employees have rated Summit Materials CEO Thomas Hill on Glassdoor.com. Thomas Hill has an approval rating of 100% among Summit Materials' employees. This puts Thomas Hill in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Summit Materials' key competitors?

Some companies that are related to Summit Materials include Sociedad Química y Minera de Chile (SQM), Teck Resources (TECK), MDU Resources Group (MDU), Lynas Rare Earths (LYSDY), Hecla Mining (HL), Compass Minerals International (CMP), Energy Fuels (UUUU), Piedmont Lithium (PLL), Centrus Energy (LEU), U.S. Silica (SLCA), United States Lime & Minerals (USLM), Largo Resources (LGO), Intrepid Potash (IPI), ZEN Graphene Solutions (ZENYF) and Ciner Resources (CINR).
View all of SUM's competitors.

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), Square (SQ), Raytheon Technologies (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 initial public offering (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.

What is Summit Materials' stock symbol?

Summit Materials trades on the New York Stock Exchange (NYSE) under the ticker symbol "SUM."

Who are Summit Materials' major shareholders?

Summit Materials' stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.46%), Dimensional Fund Advisors LP (5.04%), Principal Financial Group Inc. (4.93%), Janus Henderson Group PLC (4.43%), Franklin Resources Inc. (4.41%) and Victory Capital Management Inc. (3.53%). Company insiders that own Summit Materials stock include Anne K Wade, Anne Lee Benedict, Anne P Noonan, Howard L Lance, John Raymond Murphy and Joseph S Cantie.
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 Franklin Resources Inc., Eagle Asset Management Inc., BlackRock Inc., Allianz Asset Management GmbH, Emerald Mutual Fund Advisers Trust, Goldman Sachs Group Inc., Voya Investment Management LLC, and Peregrine Capital Management LLC. Company insiders that have sold Summit Materials company stock in the last year include Anne K Wade, Howard L Lance, and John Raymond Murphy.
View insider buying and selling activity for Summit Materials or view top insider-selling stocks.

Which major investors are buying Summit Materials stock?

SUM stock was purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., CastleArk Alternatives LLC, Moore Capital Management LP, American Century Companies Inc., Balyasny Asset Management LLC, Macquarie Group Ltd., Dimensional Fund Advisors LP, and Thrivent Financial for Lutherans. Company insiders that have bought Summit Materials stock in the last two years include Anne P Noonan, and Joseph S Cantie.
View insider buying and selling activity for Summit Materials or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Summit Materials' stock price today?

One share of SUM stock can currently be purchased for approximately $39.27.

How much money does Summit Materials make?

Summit Materials has a market capitalization of $4.66 billion and generates $2.33 billion in revenue each year. The construction company earns $141.24 million in net income (profit) each year or $1.22 on an earnings per share basis.

How many employees does Summit Materials have?

Summit Materials employs 2,018 workers across the globe.

What is Summit Materials' official website?

The official website for Summit Materials is www.summit-materials.com.

Where are Summit Materials' headquarters?

Summit Materials is headquartered at 1550 Wynkoop Street 3rd Floor, Denver CO, 80202.

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, via email at [email protected], or via fax at 303-893-6993.