NYSE:SUM - Summit Materials Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$17.09 -0.37 (-2.12 %)
(As of 05/23/2019 08:44 AM ET)
Previous Close$17.46
Today's Range$16.76 - $17.33
52-Week Range$11.25 - $28.97
Volume1.14 million shs
Average Volume1.71 million shs
Market Capitalization$1.92 billion
P/E Ratio113.93
Dividend YieldN/A
Beta1.92
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. It also provides paving and related services primarily comprising asphalt paving services to the private and public infrastructure sectors. In addition, the company operates municipal waste, construction, and demolition debris landfills; and liquid asphalt terminal. It has operations in the United States; and British Columbia, Canada. The company was founded in 2009 and is headquartered in Denver, Colorado.

Receive SUM News and Ratings via Email

Sign-up to receive the latest news and ratings for SUM and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Mining & quarrying of nonmetallic minerals, except fuels
Sub-IndustryN/A
SectorConstruction
CUSIPN/A
Phone303-893-0012

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.10 billion
Cash Flow$1.1155 per share
Book Value$11.41 per share

Profitability

Net Income$36.33 million

Miscellaneous

Employees6,000
Market Cap$1.92 billion
Next Earnings Date8/7/2019 (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) released its quarterly earnings data on Wednesday, May, 8th. The construction company reported ($0.49) earnings per share for the quarter, topping the consensus estimate of ($0.60) by $0.11. The construction company earned $305.95 million during the quarter, compared to analysts' expectations of $312.42 million. Summit Materials had a return on equity of 1.78% and a net margin of 0.97%. The business's revenue was up 5.5% on a year-over-year basis. During the same quarter last year, the business posted ($0.55) EPS. View Summit Materials' Earnings History.

When is Summit Materials' next earnings date?

Summit Materials is scheduled to release their next quarterly earnings announcement on Wednesday, August 7th 2019. View Earnings Estimates for Summit Materials.

What price target have analysts set for SUM?

11 Wall Street analysts have issued 1 year target prices for Summit Materials' shares. Their predictions range from $18.00 to $35.00. On average, they anticipate Summit Materials' stock price to reach $22.00 in the next year. This suggests a possible upside of 28.7% from the stock's current price. View Analyst Price Targets for Summit Materials.

What is the consensus analysts' recommendation for Summit Materials?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Summit Materials in the last year. There are currently 4 hold ratings and 7 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?

Media stories about SUM stock have trended positive on Thursday, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Summit Materials earned a media sentiment score of 2.4 on InfoTrie's scale. They also assigned news headlines about the construction company a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the company's share price in the next several days.

Who are some of Summit Materials' key 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 Square (SQ), Alibaba Group (BABA), Cisco Systems (CSCO), Altria Group (MO), General Electric (GE), Home Depot (HD), Raytheon (RTN), United Technologies (UTX), WNS (WNS) and Netflix (NFLX).

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 a price of $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 variety of of retail and institutional investors. Top institutional shareholders include Janus Henderson Group PLC (4.58%), BlackRock Inc. (3.81%), Jennison Associates LLC (3.63%), Principal Financial Group Inc. (2.46%), Dimensional Fund Advisors LP (2.39%) and Eagle Asset Management Inc. (1.58%). 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 Westwood Holdings Group Inc., TimesSquare Capital Management LLC, Victory Capital Management Inc., Goldman Sachs Group Inc., BlackRock Inc., Jennison Associates LLC, Morgan Stanley and Weitz Investment Management Inc.. View Insider Buying and Selling for Summit Materials.

Which major investors are buying Summit Materials stock?

SUM stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, GMT Capital Corp, Janus Henderson Group PLC, Principal Financial Group Inc., Penn Capital Management Co. Inc., Kennedy Capital Management Inc., Penn Capital Management Co. Inc. and Westfield Capital Management Co. LP. 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, Scottrade, Fidelity and Charles Schwab.

What is Summit Materials' stock price today?

One share of SUM stock can currently be purchased for approximately $17.09.

How big of a company is Summit Materials?

Summit Materials has a market capitalization of $1.92 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.

What is Summit Materials' official website?

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

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)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  299 (Vote Outperform)
Underperform Votes:  266 (Vote Underperform)
Total Votes:  565
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.
This page was last updated on 5/23/2019 by MarketBeat.com Staff

Featured Article: What is the Coverage Ratio?

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel