NYSE:SUM - Summit Materials Stock Price, Price Target & More

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

Summit Materials Inc (NYSE:SUM) released its quarterly earnings results on Tuesday, May, 8th. The construction company reported ($0.55) EPS for the quarter, beating analysts' consensus estimates of ($0.59) by $0.04. The construction company had revenue of $289.92 million for the quarter, compared to analyst estimates of $297.51 million. Summit Materials had a return on equity of 10.20% and a net margin of 6.03%. The business's revenue was up 11.9% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.49) EPS. View Summit Materials' Earnings History.

Summit Materials is scheduled to release their next quarterly earnings announcement on Tuesday, July, 31st 2018. View Earnings Estimates for Summit Materials.

10 Wall Street analysts have issued 12-month price targets for Summit Materials' stock. Their forecasts range from $12.50 to $39.00. On average, they expect Summit Materials' share price to reach $33.1667 in the next year. View Analyst Ratings for Summit Materials.

Some companies that are related to Summit Materials include MDU Resources Group (MDU), Compass Minerals International (CMP), U.S. Silica (SLCA), Hecla Mining (HL), Fairmount Santrol (FMSA), Hi-Crush Partners (HCLP), Intrepid Potash (IPI), Ciner Resources (CINR), United States Lime & Minerals (USLM), Smart Sand (SND), Emerge Energy Services (EMES), Canada Jetlines (JETMF), Applied Minerals (AMNL), Zenyatta Ventures (ZENYF) and Cambrian Minerals Group (SMPR).

(SUM) raised $400 million in an 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 acted as the underwriters for the IPO and Blackstone Capital Markets, BB&T Capital Markets, Stephens, Sterne Agee and Stifel were co-managers.

Media headlines about SUM stock have trended somewhat positive this week, Accern Sentiment reports. The research group rates the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Summit Materials earned a news impact score of 0.23 on Accern's scale. They also gave media coverage about the construction company an impact score of 46.30 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Summit Materials' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.30%), Bamco Inc. NY (2.88%), Westfield Capital Management Co. LP (2.68%), Victory Capital Management Inc. (1.83%), Westwood Holdings Group Inc. (1.78%) and OppenheimerFunds Inc. (1.60%). Company insiders that own Summit Materials stock include Anne Lee Benedict, Brian James Harris, Damian John Murphy, Douglas Charles Rauh, Holdings LP Blackstone II, Howard L Lance, John Raymond Murphy, Michael John Brady, Mikel Shane Evans, Ted A Gardner, Thomas A Beck and Thomas W Hill. View Institutional Ownership Trends for Summit Materials.

SUM stock was sold by a variety of institutional investors in the last quarter, including Levin Capital Strategies L.P., Russell Investments Group Ltd., Point72 Asset Management L.P., Interval Partners LP, Westfield Capital Management Co. LP, Scopus Asset Management L.P., Banbury Partners LLC and Three Peaks Capital Management LLC. Company insiders that have sold Summit Materials company stock in the last year include Anne Lee Benedict, Damian John Murphy, Douglas Charles Rauh, John Raymond Murphy, Ted A Gardner, Thomas A Beck and Thomas W Hill. View Insider Buying and Selling for Summit Materials.

SUM stock was purchased by a variety of institutional investors in the last quarter, including Clearfield Capital Management LP, Victory Capital Management Inc., Millennium Management LLC, Westwood Holdings Group Inc., Royal Bank of Canada, Dimensional Fund Advisors LP, Bamco Inc. NY and Rudman Errol M. View Insider Buying and Selling for 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.

One share of SUM stock can currently be purchased for approximately $26.85.

Summit Materials has a market capitalization of $3.09 billion and generates $1.93 billion in revenue each year. The construction company earns $125.80 million in net income (profit) each year or $0.93 on an earnings per share basis. Summit Materials employs 6,000 workers across the globe.

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]