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Biden To Unleash "Choke Point" Operation On America? (Ad)
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S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Biden To Unleash "Choke Point" Operation On America? (Ad)
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
Biden To Unleash "Choke Point" Operation On America? (Ad)
Travel disruption hits Germany on eve of transport strike
Berlin climate proposal fails to get enough yes votes to win
Biden To Unleash "Choke Point" Operation On America? (Ad)
Adele extends Las Vegas residency, plans concert film
Turkmenistan votes for new, opposition-free parliament
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Biden To Unleash "Choke Point" Operation On America? (Ad)
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
Biden To Unleash "Choke Point" Operation On America? (Ad)
Travel disruption hits Germany on eve of transport strike
Berlin climate proposal fails to get enough yes votes to win
Biden To Unleash "Choke Point" Operation On America? (Ad)
Adele extends Las Vegas residency, plans concert film
Turkmenistan votes for new, opposition-free parliament
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Biden To Unleash "Choke Point" Operation On America? (Ad)
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
Biden To Unleash "Choke Point" Operation On America? (Ad)
Travel disruption hits Germany on eve of transport strike
Berlin climate proposal fails to get enough yes votes to win
Biden To Unleash "Choke Point" Operation On America? (Ad)
Adele extends Las Vegas residency, plans concert film
Turkmenistan votes for new, opposition-free parliament
NYSE:SUM

Summit Materials - SUM Stock Forecast, Price & News

$27.18
-0.09 (-0.33%)
(As of 03/24/2023 08:51 PM ET)
Add
Compare
Today's Range
$26.50
$27.26
50-Day Range
$26.61
$34.25
52-Week Range
$21.99
$34.40
Volume
492,900 shs
Average Volume
682,286 shs
Market Capitalization
$3.22 billion
P/E Ratio
12.05
Dividend Yield
N/A
Price Target
$34.36

Summit Materials MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.58 Rating Score
Upside/​Downside
26.4% Upside
$34.36 Price Target
Short Interest
Healthy
4.92% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-7.04
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
17.73%
From $1.41 to $1.66 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.44 out of 5 stars

Construction Sector

39th out of 105 stocks

Mining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry

4th out of 15 stocks


SUM stock logo

About Summit Materials (NYSE:SUM) Stock

Summit Materials, Inc. is a construction materials company. It manufactures construction materials and related downstream products. The firm operates its business through the following segments: Cement, West and East. The Cement consists of its Hannibal, Missouri and Davenport, Iowa cement plants and distribution terminals along the Mississippi river from Minnesota to Louisiana. The West segment includes operations in Texas, Utah, Colorado, Idaho, Wyoming and Nevada and in British Columbia, Canada. The East segments serves markets extending across the Midwestern and Eastern United States, most notably in Kansas, Missouri, Virginia, Kentucky, North Carolina, South Carolina and Nebraska where the company supplies aggregates, ready mix concrete, asphalt paving mix and paving and related services. The company was founded by Thomas W. Hill on September 23, 2014 and is headquartered in Denver, CO.

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SUM Stock News Headlines

Fed's Shocking New Plan to Control Your Money
The Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. 
Buy THIS stock before Taiwan is attacked
... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.
Summit Materials (SUM) Q4 Earnings Top Estimates
Next Summit Free Market Set for Feb. 11
Chiplet Summit Has Successful Debut
Stifel Nicolaus Keeps Their Buy Rating on Summit Materials (SUM)
See More Headlines
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SUM Company Calendar

Ex-Dividend for 12/29 Dividend
12/14/2022
Dividend Payable
12/29/2022
Last Earnings
2/15/2023
Today
3/27/2023
Next Earnings (Estimated)
5/03/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Mining & quarrying of nonmetallic minerals, except fuels
Sub-Industry
N/A
Employees
4,800
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$34.36
High Stock Price Forecast
$45.00
Low Stock Price Forecast
$28.00
Forecasted Upside/Downside
+26.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.58
Research Coverage
12 Analysts

Profitability

Net Income
$275.94 million
Pretax Margin
14.98%

Debt

Sales & Book Value

Annual Sales
$2.41 billion
Cash Flow
$3.09 per share
Book Value
$16.99 per share

Miscellaneous

Free Float
116,415,000
Market Cap
$3.22 billion
Optionable
Optionable
Beta
1.43

Key Executives

  • Anne P. NoonanAnne P. Noonan
    President, Chief Executive Officer & Director
  • Scott Anderson
    Chief Financial Officer & Executive Vice President
  • Thomas A. Beck
    Executive Vice President
  • Abney S. Boxley
    Executive Vice President
  • Karli Schumaker Anderson
    Executive VP, Chief People & ESG Officer













SUM Stock - Frequently Asked Questions

Should I buy or sell Summit Materials stock right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Summit Materials in the last year. There are currently 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SUM shares.
View SUM analyst ratings
or view top-rated stocks.

What is Summit Materials' stock price forecast for 2023?

12 analysts have issued 12 month target prices for Summit Materials' stock. Their SUM share price forecasts range from $28.00 to $45.00. On average, they expect the company's share price to reach $34.36 in the next twelve months. This suggests a possible upside of 26.4% 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 beginning of the year. Since then, SUM shares have decreased by 4.3% and is now trading at $27.18.
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, May 3rd 2023.
View our SUM earnings forecast
.

How were Summit Materials' earnings last quarter?

Summit Materials, Inc. (NYSE:SUM) issued its quarterly earnings data on Wednesday, February, 15th. The construction company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.03. The construction company had revenue of $511.66 million for the quarter, compared to the consensus estimate of $555.20 million. Summit Materials had a net margin of 11.28% and a trailing twelve-month return on equity of 7.58%.

How often does Summit Materials pay dividends? What is the dividend yield for Summit Materials?

Summit Materials declared a -- dividend on Wednesday, December 14th. Stockholders of record on Thursday, December 15th will be paid 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 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), 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 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 acted 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 variety of retail and institutional investors. Top institutional investors include Price T Rowe Associates Inc. MD (7.63%), Dimensional Fund Advisors LP (5.07%), Principal Financial Group Inc. (4.69%), Macquarie Group Ltd. (4.35%), Victory Capital Management Inc. (2.88%) and Victory Capital Management Inc. (2.88%). Insiders that own company 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
.

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.

What is Summit Materials' stock price today?

One share of SUM stock can currently be purchased for approximately $27.18.

How much money does Summit Materials make?

Summit Materials (NYSE:SUM) has a market capitalization of $3.22 billion and generates $2.41 billion in revenue each year. The construction company earns $275.94 million in net income (profit) each year or $2.2559 on an earnings per share basis.

How many employees does Summit Materials have?

The company employs 4,800 workers across the globe.

How can I contact Summit Materials?

Summit Materials' mailing address is 1550 Wynkoop Street 3rd Floor, Denver CO, 80202. The official website for the company is www.summit-materials.com. The construction company can be reached via phone at (303) 893-0012, via email at brian.harris@summit-materials.com, or via fax at 303-893-6993.

This page (NYSE:SUM) was last updated on 3/27/2023 by MarketBeat.com Staff