Summit Materials Company Profile (NYSE:SUM)

About Summit Materials (NYSE:SUM)

Summit Materials logoSummit Materials, Inc. is a construction materials company. The Company operates through three segments: West, East and Cement. As of December 31, 2016, the Company had operations in 21 states in the United States and in British Columbia, Canada. The Company's materials include aggregates, which it supplies across the United States, and in British Columbia, Canada, and cement, which it supplies along the Mississippi River from Minneapolis to New Orleans. Within its markets, it offers construction materials and related downstream products through its vertical integration. In addition to supplying of aggregates to its customers, the Company also uses its materials internally to produce ready-mix concrete and asphalt paving mix. Its construction materials operations consists of aggregates production, including crushed stone and construction sand and gravel, cement and ready-mixed concrete production, and asphalt paving mix production.

Industry, Sector and Symbol:
  • Sector: Construction
  • Industry: Construction Materials - NEC
  • Sub-Industry: N/A
  • Symbol: NYSE:SUM
  • CUSIP: N/A
  • Web:
  • Market Cap: $3.06762 billion
  • Outstanding Shares: 106,403,000
Average Prices:
  • 50 Day Moving Avg: $28.31
  • 200 Day Moving Avg: $25.84
  • 52 Week Range: $17.27 - $29.67
  • Trailing P/E Ratio: 436.82
  • Foreward P/E Ratio: 15.73
  • P/E Growth: 0.69
Sales & Book Value:
  • Annual Revenue: $1.68 billion
  • Price / Sales: 1.81
  • Book Value: $9.72 per share
  • Price / Book: 2.95
  • EBIDTA: $322.62 million
  • Net Margins: 0.33%
  • Return on Equity: 10.00%
  • Return on Assets: 3.14%
  • Debt-to-Equity Ratio: 1.44%
  • Current Ratio: 2.16%
  • Quick Ratio: 1.39%
  • Average Volume: 1.41 million shs.
  • Beta: 2.09
  • Short Ratio: 7.7
Frequently Asked Questions for Summit Materials (NYSE:SUM)

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) posted its quarterly earnings data on Wednesday, May, 3rd. The company reported ($0.50) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.48) by $0.02. The firm earned $259 million during the quarter, compared to analysts' expectations of $233.63 million. Summit Materials had a net margin of 0.33% and a return on equity of 10.00%. Summit Materials's quarterly revenue was up 24.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.42) EPS. View Summit Materials' Earnings History.

When will Summit Materials make its next earnings announcement?

Summit Materials is scheduled to release their next quarterly earnings announcement on Tuesday, August, 1st 2017. View Earnings Estimates for Summit Materials.

Where is Summit Materials' stock going? Where will Summit Materials' stock price be in 2017?

8 analysts have issued 12-month price objectives for Summit Materials' stock. Their predictions range from $21.00 to $34.00. On average, they expect Summit Materials' stock price to reach $28.50 in the next twelve months. View Analyst Ratings for Summit Materials.

Who are some of Summit Materials' key competitors?

Who are Summit Materials' key executives?

Summit Materials' management team includes the folowing people:

  • Howard Lee Lance, Independent Chairman of the Board
  • Thomas W. Hill, President, Chief Executive Officer, Director
  • Brian James Harris, Chief Financial Officer, Executive Vice President
  • Douglas Charles Rauh, Chief Operating Officer, Executive Vice President
  • Kevin A. Gill, Chief Human Resource Officer, Executive Vice President
  • Anne Lee Benedict, Executive Vice President, Chief Legal Officer, Secretary
  • Thomas A. Beck, Executive Vice President and Cement Division President
  • Michael John Brady, Executive Vice President, Chief Business Development Officer
  • Mikel Shane Evans, Executive Vice President, West Region President
  • Damian John Murphy, Executive Vice President, East Division President

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 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 owns Summit Materials stock?

Summit Materials' stock is owned by a number of of retail and institutional investors. Top institutional investors include RE Advisers Corp (1.90%), Vaughan Nelson Investment Management L.P. (1.14%), Skylands Capital LLC (0.10%), Insight Capital Research & Management Inc. (0.03%), Quantitative Systematic Strategies LLC (0.02%) and Cutler Group LP (0.00%). Company insiders that own Summit Materials stock include Anne Lee Benedict, Blackstone Capital Partners (D, 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 and Thomas W Hill. View Institutional Ownership Trends for Summit Materials.

Who sold Summit Materials stock? Who is selling Summit Materials stock?

Summit Materials' stock was sold by a variety of institutional investors in the last quarter, including Skylands Capital LLC, Cutler Group LP and Quantitative Systematic Strategies LLC. Company insiders that have sold Summit Materials stock in the last year include Anne Lee Benedict, Brian James Harris, Damian John Murphy, Douglas Charles Rauh, Holdings LP Blackstone II, Michael John Brady, Mikel Shane Evans, Ted A Gardner and Thomas W Hill. View Insider Buying and Selling for Summit Materials.

Who bought Summit Materials stock? Who is buying Summit Materials stock?

Summit Materials' stock was purchased by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P. and Insight Capital Research & Management Inc.. View Insider Buying and Selling for Summit Materials.

How do I buy Summit Materials stock?

Shares of Summit Materials can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Summit Materials' stock price today?

One share of Summit Materials stock can currently be purchased for approximately $28.63.

MarketBeat Community Rating for Summit Materials (NYSE SUM)
Community Ranking:  3.0 out of 5 (  )
Outperform Votes:  143 (Vote Outperform)
Underperform Votes:  94 (Vote Underperform)
Total Votes:  237
MarketBeat's community ratings are surveys of what our community members think about Summit Materials and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Summit Materials (NYSE:SUM) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 6 Buy Ratings
Consensus Rating:Buy (Score: 2.75)
Consensus Price Target: $28.50 (0.45% downside)

Analysts' Ratings History for Summit Materials (NYSE:SUM)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/19/2017Royal Bank Of CanadaReiterated RatingBuy$33.00LowView Rating Details
6/8/2017Longbow ResearchInitiated CoverageBuy -> Buy$34.00HighView Rating Details
3/31/2017Cleveland ResearchReiterated RatingBuyMediumView Rating Details
1/20/2017SunTrust Banks, Inc.Initiated CoverageBuy$30.00N/AView Rating Details
11/17/2016DA DavidsonReiterated RatingBuy$27.00N/AView Rating Details
11/16/2016Bank of America CorporationDowngradeBuy -> NeutralN/AView Rating Details
10/11/2016Goldman Sachs Group, Inc. (The)DowngradeBuy -> Neutral$22.00 -> $21.00N/AView Rating Details
8/4/2016Citigroup Inc.Boost Price TargetBuy$25.00 -> $26.00N/AView Rating Details
3/22/2016Barclays PLCBoost Price TargetEqual Weight$19.00 -> $20.00N/AView Rating Details
2/17/2016Deutsche Bank AGReiterated RatingBuy$23.00 -> $26.00N/AView Rating Details
8/21/2015FBR & CoLower Price TargetOutperform$34.00 -> $30.00N/AView Rating Details
(Data available from 7/25/2015 forward)


Earnings History for Summit Materials (NYSE:SUM)
Earnings by Quarter for Summit Materials (NYSE:SUM)
Earnings History by Quarter for Summit Materials (NYSE SUM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/1/2017$0.58N/AView Earnings Details
5/3/2017Q1 2017($0.48)($0.50)$233.63 million$259.00 millionViewListenView Earnings Details
2/22/2017Q416$0.25$0.21$385.35 million$387.40 millionViewListenView Earnings Details
11/2/2016Q316$0.73$0.73$483.19 million$529.40 millionViewN/AView Earnings Details
8/3/2016Q216$0.47$0.46$417.14 million$412.60 millionViewN/AView Earnings Details
5/4/2016Q116($0.48)($0.42)$217.75 million$208.00 millionViewN/AView Earnings Details
2/11/2016Q415$0.25$0.34$361.75 million$359.50 millionViewListenView Earnings Details
11/3/2015Q315$0.66$0.72$444.73 million$426.30 millionViewN/AView Earnings Details
8/3/2015Q215$0.32($0.01)$371.64 million$364.94 millionViewN/AView Earnings Details
5/5/2015Q115($0.55)($0.08)$189.50 million$175.10 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Summit Materials (NYSE:SUM)
2017 EPS Consensus Estimate: $1.27
2018 EPS Consensus Estimate: $1.56
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.61)($0.43)($0.52)
Q2 20172$0.54$0.54$0.54
Q3 20172$0.81$0.90$0.86
Q4 20172$0.39$0.40$0.40
Q1 20181($0.48)($0.48)($0.48)
Q2 20181$0.63$0.63$0.63
Q3 20181$0.93$0.93$0.93
Q4 20181$0.48$0.48$0.48
(Data provided by Zacks Investment Research)


Dividend History for Summit Materials (NYSE:SUM)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading and Institutional Ownership History for Summit Materials (NYSE:SUM)
Insider Ownership Percentage: 1.97%
Insider Trades by Quarter for Summit Materials (NYSE:SUM)
Institutional Ownership by Quarter for Summit Materials (NYSE:SUM)
Insider Trades by Quarter for Summit Materials (NYSE:SUM)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/7/2017Thomas W HillInsiderSell12,500$29.22$365,250.00View SEC Filing  
6/23/2017Thomas W HillInsiderSell12,500$27.77$347,125.00View SEC Filing  
6/15/2017Brian James HarrisCFOSell20,000$28.20$564,000.00View SEC Filing  
6/14/2017Anne Lee BenedictInsiderSell7,500$28.48$213,600.00View SEC Filing  
6/8/2017Thomas W HillInsiderSell12,500$27.62$345,250.00View SEC Filing  
6/6/2017Douglas Charles RauhInsiderSell19,000$26.81$509,390.00View SEC Filing  
5/24/2017Thomas W HillInsiderSell12,500$26.94$336,750.00View SEC Filing  
5/12/2017Thomas W HillInsiderSell12,500$26.92$336,500.00View SEC Filing  
5/5/2017Damian John MurphyEVPSell98,510$28.18$2,776,011.80View SEC Filing  
5/5/2017Mikel Shane EvansInsiderSell37,200$28.57$1,062,804.00View SEC Filing  
5/5/2017Ted A GardnerDirectorSell21,344$28.04$598,485.76View SEC Filing  
4/26/2017Thomas W HillInsiderSell12,500$26.08$326,000.00View SEC Filing  
4/4/2017Thomas W HillInsiderSell12,500$24.12$301,500.00View SEC Filing  
4/3/2017Thomas W HillCEOSell6,300$24.13$152,019.00View SEC Filing  
3/23/2017Thomas W HillInsiderSell12,500$23.48$293,500.00View SEC Filing  
3/16/2017Damian John MurphyEVPSell32,033$24.09$771,674.97View SEC Filing  
3/9/2017Thomas W HillInsiderSell10,000$24.09$240,900.00View SEC Filing  
3/1/2017Ted A GardnerDirectorSell19,332$24.80$479,433.60View SEC Filing  
2/28/2017Thomas W. HillInsiderSell10,000$24.09$240,900.00View SEC Filing  
2/17/2017Thomas W HillInsiderSell10,000$23.94$239,400.00View SEC Filing  
1/18/2017Thomas W HillInsiderSell10,000$23.60$236,000.00View SEC Filing  
1/5/2017Thomas W HillInsiderSell10,000$24.57$245,700.00View SEC Filing  
12/21/2016Thomas W HillInsiderSell10,000$24.19$241,900.00View SEC Filing  
12/16/2016Brian James HarrisCFOSell24,000$23.61$566,640.00View SEC Filing  
12/16/2016Mikel Shane EvansInsiderSell60,000$23.80$1,428,000.00View SEC Filing  
12/15/2016Michael John BradyInsiderSell112,825$23.77$2,681,850.25View SEC Filing  
12/15/2016Ted A GardnerDirectorSell22$23.40$514.80View SEC Filing  
12/12/2016Michael John BradyInsiderSell12,175$24.18$294,391.50View SEC Filing  
12/12/2016Ted A GardnerDirectorSell1,611,000$24.07$38,776,770.00View SEC Filing  
12/7/2016Thomas W HillInsiderSell10,000$23.63$236,300.00View SEC Filing  
11/22/2016Thomas W HillInsiderSell12,300$23.61$290,403.00View SEC Filing  
11/21/2016Thomas W HillCEOSell7,300$23.78$173,594.00View SEC Filing  
11/16/2016Holdings L.P. Blackstone IIMajor ShareholderSell16,451,722$21.87$359,799,160.14View SEC Filing  
10/25/2016Thomas W HillCEOSell17,700$19.23$340,371.00View SEC Filing  
10/24/2016Thomas W HillCEOSell15,000$19.26$288,900.00View SEC Filing  
9/15/2016Thomas W HillInsiderSell10,000$17.87$178,700.00View SEC Filing  
9/6/2016John Raymond MurphyDirectorBuy6,000$18.93$113,580.00View SEC Filing  
8/26/2016Thomas W HillInsiderSell10,000$19.97$199,700.00View SEC Filing  
8/19/2016Douglas Charles RauhInsiderSell50,000$19.32$966,000.00View SEC Filing  
8/18/2016Thomas W HillInsiderSell10,000$19.80$198,000.00View SEC Filing  
7/21/2016Thomas W HillInsiderSell183,581$20.74$3,807,469.94View SEC Filing  
7/19/2016Anne Lee BenedictInsiderSell5,000$20.67$103,350.00View SEC Filing  
7/19/2016Brian James HarrisCFOSell30,000$20.67$620,100.00View SEC Filing  
7/19/2016Holdings L.P. Blackstone IIMajor ShareholderSell12,209,704$20.67$252,374,581.68View SEC Filing  
7/19/2016Howard L LanceDirectorSell27,000$20.67$558,090.00View SEC Filing  
7/14/2016Thomas W HillCEOSell10,000$21.45$214,500.00View SEC Filing  
6/23/2016Thomas W HillCEOSell10,000$20.39$203,900.00View SEC Filing  
6/10/2016Thomas W HillCEOSell10,000$20.95$209,500.00View SEC Filing  
5/25/2016Thomas W HillCEOSell10,000$22.41$224,100.00View SEC Filing  
5/23/2016Michael John BradyInsiderSell35,228$21.85$769,731.80View SEC Filing  
5/20/2016Michael John BradyInsiderSell39,772$21.57$857,882.04View SEC Filing  
5/16/2016Douglas Charles RauhInsiderSell10,000$21.60$216,000.00View SEC Filing  
4/27/2016Thomas W HillCEOSell10,000$21.46$214,600.00View SEC Filing  
4/19/2016Blackstone Capital Partners (DMajor ShareholderSell9,272,378$20.00$185,447,560.00View SEC Filing  
4/19/2016Brian James HarrisCFOSell81,252$20.00$1,625,040.00View SEC Filing  
4/19/2016Mikel Shane EvansInsiderSell20,000$20.00$400,000.00View SEC Filing  
4/19/2016Ted A GardnerDirectorSell572,804$20.00$11,456,080.00View SEC Filing  
4/19/2016Thomas W HillCEOSell43,464$20.00$869,280.00View SEC Filing  
4/14/2016Thomas W HillCEOSell10,000$20.24$202,400.00View SEC Filing  
4/6/2016Howard L LanceDirectorSell75,000$19.79$1,484,250.00View SEC Filing  
4/5/2016Douglas Charles RauhInsiderSell70,000$19.85$1,389,500.00View SEC Filing  
3/17/2015Brian James HarrisCFOBuy55,000$18.00$990,000.00View SEC Filing  
3/17/2015Damian John MurphyEVPBuy3,000$18.00$54,000.00View SEC Filing  
3/17/2015Douglas Charles RauhInsiderBuy3,500$18.00$63,000.00View SEC Filing  
3/17/2015Thomas W HillCEOBuy10,000$18.00$180,000.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Summit Materials (NYSE:SUM)
Latest Headlines for Summit Materials (NYSE:SUM)
DateHeadline logoSmart Sand (SND) and Summit Materials (NYSE:SUM) Critical Survey - July 24 at 6:05 PM logoSummit Materials, Inc. (NYSE:SUM) Given Average Rating of "Hold" by Brokerages - July 24 at 12:10 PM logoBidaskClub Lowers Summit Materials, Inc. (NYSE:SUM) to Sell - July 23 at 12:34 PM logoZacks: Brokerages Anticipate Summit Materials, Inc. (NYSE:SUM) Will Post Quarterly Sales of $471.19 Million - July 20 at 1:10 PM logoSummit Materials, Inc. breached its 50 day moving average in a Bearish Manner : SUM-US : July 19, 2017 - July 20 at 8:13 AM logoSummit Materials, Inc. (NYSE:SUM) Expected to Post Earnings of $0.57 Per Share - July 18 at 11:59 AM logoSummit Materials, Inc. (NYSE:SUM) Downgraded to Hold at BidaskClub - July 16 at 10:26 AM logoFinancial Comparison: Summit Materials (SUM) and Armstrong World Industries (AWI) - July 16 at 7:40 AM logoFinancial Contrast: Summit Materials (SUM) vs. GCP Applied Technologies (GCP) - July 16 at 12:28 AM logoSummit Materials, Inc. (SUM) Rating Lowered to Sell at Zacks Investment Research - July 15 at 11:28 PM logoSunTrust Banks Comments on Summit Materials, Inc.'s Q2 2017 Earnings (NYSE:SUM) - July 13 at 9:37 AM logoThomas W. Hill Sells 12,500 Shares of Summit Materials, Inc. (NYSE:SUM) Stock - July 10 at 8:12 PM logoSummit Materials, Inc. (NYSE:SUM) Upgraded to Buy at BidaskClub - July 8 at 4:06 PM logoCritical Survey: Armstrong World Industries (AWI) versus Summit Materials (SUM) - July 8 at 7:51 AM logoSummit Materials, Inc. (NYSE:SUM) Cut to Hold at Zacks Investment Research - July 5 at 11:00 AM logoSummit Materials, Inc. (SUM) Receives Consensus Rating of "Buy" from Analysts - June 27 at 12:34 PM logoInsider Selling: Summit Materials, Inc. (SUM) Insider Sells 12,500 Shares of Stock - June 26 at 7:17 PM logo$472.69 Million in Sales Expected for Summit Materials, Inc. (SUM) This Quarter - June 24 at 9:56 AM logoSummit Materials, Inc. (SUM) Rating Lowered to Hold at BidaskClub - June 22 at 5:27 PM logo Brokerages Anticipate Summit Materials, Inc. (SUM) Will Announce Earnings of $0.58 Per Share - June 22 at 7:42 AM logoSummit Materials' (SUM) Buy Rating Reaffirmed at Royal Bank Of Canada - June 19 at 7:30 AM logoInsider Selling: Summit Materials, Inc. (SUM) Insider Sells 7,500 Shares of Stock - June 16 at 7:34 PM logoSummit Materials, Inc. (SUM) CFO Sells $564,000.00 in Stock - June 16 at 7:34 PM logoSummit Materials, Inc. (SUM) - June 15 at 4:28 PM logoSummit Materials, Inc. (SUM) Stock Rating Upgraded by BidaskClub - June 13 at 7:58 PM logoInsider Selling: Summit Materials Inc (SUM) Insider Sells 12,500 Shares of Stock - June 9 at 10:09 PM logoSummit Materials to Attend Upcoming Investor Conferences - June 9 at 1:27 AM logoLongbow Research Begins Coverage on Summit Materials Inc (SUM) - June 8 at 8:02 AM logoInsider Selling: Summit Materials Inc (SUM) Insider Sells 19,000 Shares of Stock - June 7 at 10:52 PM logoSummit Materials Inc (SUM) Receives Average Rating of "Buy" from Analysts - June 2 at 9:00 AM logo Brokerages Anticipate Summit Materials Inc (SUM) Will Post Quarterly Sales of $472.69 Million - May 31 at 3:36 PM logoVulcan Materials' (VMC) Inorganic Growth in Full Swing - May 30 at 8:53 AM logoZacks: Brokerages Expect Summit Materials Inc (SUM) Will Post Earnings of $0.59 Per Share - May 29 at 9:48 AM logoPost Earnings Coverage as Vulcan's Q1 Results Topped Estimates - May 26 at 7:27 AM logoSummit Materials Inc (SUM) Insider Thomas W. Hill Sells 12,500 Shares - May 25 at 7:43 PM logoBRIEF-Summit Materials prices $300 million of senior notes - May 25 at 3:31 AM logoSummit Materials Announces Pricing of $300 Million of 5.125% Senior Notes Due 2025 - May 25 at 3:31 AM logoSummit Materials Announces Intention to Offer $300 Million of Senior Notes - May 24 at 9:04 AM logoSummit Materials Inc (SUM) Insider Sells $336,500.00 in Stock - May 15 at 10:34 PM logoSummit Materials (SUM): Strong Industry, Solid Earnings Estimate Revisions - May 11 at 10:18 PM logoETFs with exposure to Summit Materials, Inc. : May 9, 2017 - May 9 at 7:34 PM logoSummit Materials Inc (SUM) Upgraded by Zacks Investment Research to "Buy" - May 9 at 11:00 AM logoSummit Materials Inc (SUM) Insider Mikel Shane Evans Sells 37,200 Shares - May 8 at 7:37 PM logoSummit Materials Inc (SUM) Director Sells $598,485.76 in Stock - May 8 at 7:36 PM logoSummit Materials, Inc. :SUM-US: Earnings Analysis: Q1, 2017 By the Numbers : May 8, 2017 - May 8 at 7:34 PM logoSummit Materials Inc (SUM) EVP Damian John Murphy Sells 98,510 Shares - May 8 at 7:16 PM logoSummit Materials Inc (SUM) Receives Consensus Rating of "Buy" from Analysts - May 8 at 11:34 AM logoDA Davidson Analysts Lift Earnings Estimates for Summit Materials Inc (SUM) - May 8 at 7:41 AM logoSummit Materials Inc (SUM) Cut to "C" at TheStreet - May 6 at 11:52 PM logoQ4 2017 Earnings Estimate for Summit Materials Inc (SUM) Issued By DA Davidson - May 5 at 3:56 PM



Summit Materials (SUM) Chart for Tuesday, July, 25, 2017

This page was last updated on 7/25/2017 by Staff