NYSE:SUM Summit Materials Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Summit Materials Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $15.33 -1.03 (-6.30 %) (As of 09/21/2020 12:00 AM ET) Add Compare Share Today's Range$15.01Now: $15.33▼$15.9450-Day Range$14.72MA: $16.03▼$17.5052-Week Range$7.51Now: $15.33▼$25.22Volume1.90 million shsAverage Volume1.23 million shsMarket Capitalization$1.75 billionP/E Ratio17.22Dividend YieldN/ABeta1.63 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 4.4 Analyst's Opinion Consensus RatingSummit Materials has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 11 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $20.29, Summit Materials has a forecasted upside of 32.3% from its current price of $15.33.Amount of Analyst CoverageSummit Materials has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.6 Community Rank Outperform VotesSummit Materials has received 380 “outperform” votes. (Add your “outperform” vote.)Underperform VotesSummit Materials has received 338 “underperform” votes. (Add your “underperform” vote.)Community SentimentSummit Materials has received 52.92% “outperform” votes from our community.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. 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 3.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Summit Materials insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,005,840.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.54% of the stock of Summit Materials is held by insiders. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Summit Materials are expected to remain at $0.90 per share in the coming year.Price to Earnings Ratio vs. the MarketThe P/E ratio of Summit Materials is 17.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.51.Price to Earnings Ratio vs. SectorThe P/E ratio of Summit Materials is 17.22, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 27.93.Price to Book Value per Share RatioSummit Materials has a P/B Ratio of 1.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.4Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 3.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.25 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Mining & quarrying of nonmetallic minerals, except fuels Sub-IndustryN/A SectorConstruction Current SymbolNYSE:SUM Previous Symbol CUSIPN/A CIK1621563 Webwww.summit-materials.com Phone303-893-0012Debt Debt-to-Equity Ratio1.28 Current Ratio2.44 Quick Ratio1.75Price-To-Earnings Trailing P/E Ratio17.22 Forward P/E Ratio17.03 P/E GrowthN/A Sales & Book Value Annual Sales$2.22 billion Price / Sales0.79 Cash Flow$2.65 per share Price / Cash Flow5.78 Book Value$12.75 per share Price / Book1.20Profitability EPS (Most Recent Fiscal Year)$0.94 Net Income$61.12 million Net Margins4.53% Return on Equity9.31% Return on Assets3.27%Miscellaneous Employees6,000 Outstanding Shares114,115,000Market Cap$1.75 billion Next Earnings Date11/4/2020 (Estimated) OptionableOptionable $15.33 -1.03 (-6.30 %) (As of 09/21/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart 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. Summit Materials (NYSE:SUM) Frequently Asked Questions 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 8.3% and is now trading at $15.33. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Summit Materials? 16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Summit Materials in the last year. There are currently 1 sell rating, 3 hold ratings, 11 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Summit Materials. When is Summit Materials' next earnings date? Summit Materials is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020. View our earnings forecast for Summit Materials. How were Summit Materials' earnings last quarter? Summit Materials Inc (NYSE:SUM) posted its quarterly earnings results on Tuesday, July, 21st. The construction company reported $0.50 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.25 by $0.25. The construction company had revenue of $575.24 million for the quarter, compared to analysts' expectations of $549.90 million. Summit Materials had a return on equity of 9.31% and a net margin of 4.53%. View Summit Materials' earnings history. What price target have analysts set for SUM? 16 analysts have issued twelve-month price targets for Summit Materials' stock. Their forecasts range from $14.00 to $28.00. On average, they anticipate Summit Materials' share price to reach $20.29 in the next twelve months. This suggests a possible upside of 32.3% from the stock's current price. View analysts' price targets for Summit Materials. Who are some of Summit Materials' key competitors? Some companies that are related to Summit Materials include Mdu Resources Group (MDU), Hecla Mining (HL), Compass Minerals International (CMP), LYNAS CORP LTD/S (LYSDY), United States Lime & Minerals (USLM), GalianoGoldInc . (GAU), U.S. Silica (SLCA), Gold Standard Ventures (GSV), Ciner Resources (CINR), Intrepid Potash (IPI), Centrus Energy (LEU), Piedmont Lithium (PLL), Covia (CVIA), Smart Sand (SND) and ZEN Graphene Solutions (ZENYF). View all 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), Altria Group (MO), Raytheon Technologies (RTX), AT&T (T), General Electric (GE), Exxon Mobil (XOM), AbbVie (ABBV) and Boeing (BA). Who are Summit Materials' key executives? Summit Materials' management team includes the following 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. 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 many different retail and institutional investors. Top institutional investors include FMR LLC (11.98%), Vanguard Group Inc. (9.21%), Principal Financial Group Inc. (5.18%), Principal Financial Group Inc. (5.18%), Jennison Associates LLC (3.29%) and Nuveen Asset Management LLC (2.91%). Company insiders that own Summit Materials stock include Anne Lee Benedict, Anne P Noonan, Brian James Harris, John Raymond Murphy, Mikel Shane Evans, Thomas A Beck and Thomas W Hill. View institutional ownership trends for Summit Materials. Which institutional investors are selling Summit Materials stock? SUM stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Victory Capital Management Inc., Jennison Associates LLC, Bamco Inc. NY, Man Group plc, Macquarie Group Ltd., New York State Common Retirement Fund, and Weitz Investment Management Inc.. Company insiders that have sold Summit Materials company stock in the last year include Anne Lee Benedict, Brian James Harris, John Raymond Murphy, and Mikel Shane Evans. View insider buying and selling activity for Summit Materials. Which institutional investors are buying Summit Materials stock? SUM stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Goldman Sachs Group Inc., Intrinsic Edge Capital Management LLC, Electron Capital Partners LLC, Nuveen Asset Management LLC, Bank of Montreal Can, Principal Financial Group Inc., and Principal Financial Group Inc.. Company insiders that have bought Summit Materials stock in the last two years include Anne P Noonan, Brian James Harris, Thomas A Beck, and Thomas W Hill. View insider buying and selling activity 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 $15.33. How big of a company is Summit Materials? Summit Materials has a market capitalization of $1.75 billion and generates $2.22 billion in revenue each year. The construction company earns $61.12 million in net income (profit) each year or $0.94 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 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] This page was last updated on 9/22/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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