S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
NYSE:SUM

Summit Materials Stock Forecast, Price & News

$37.42
-0.42 (-1.11%)
(As of 12/3/2021 12:00 AM ET)
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Today's Range
$36.97
$38.05
50-Day Range
$31.24
$41.21
52-Week Range
$18.80
$41.46
Volume
574,400 shs
Average Volume
1.00 million shs
Market Capitalization
$4.44 billion
P/E Ratio
30.67
Dividend Yield
N/A
Beta
1.3
30 days | 90 days | 365 days | Advanced Chart
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Summit Materials logo

About Summit Materials

Summit Materials, Inc. is a construction materials company. It manufactures construction materials and related downstream products. The company 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.

Headlines

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Industry, Sector and Symbol

Industry
Mining & quarrying of nonmetallic minerals, except fuels
Sub-Industry
N/A
Employees
2,018
Year Founded
N/A

Sales & Book Value

Annual Sales
$2.33 billion
Cash Flow
$2.69 per share
Book Value
$14.94 per share

Profitability

Net Income
$141.24 million
Pretax Margin
7.91%

Debt

Price-To-Earnings

Miscellaneous

Free Float
116,015,000
Market Cap
$4.44 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/03/2021
Today
12/06/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/22/2022

MarketRank

Overall MarketRank

1.68 out of 5 stars

Construction Sector

107th out of 135 stocks

Mining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry

12th out of 20 stocks

Analyst Opinion: 1.2Community Rank: 4.5Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 1.9 5 -4 -3 -2 -1 -












Summit Materials (NYSE:SUM) Frequently Asked Questions

Is Summit Materials a buy right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Summit Materials in the last year. There are currently 1 sell rating, 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Summit Materials stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SUM, but not buy additional shares or sell existing shares.
View analyst ratings for Summit Materials
or view top-rated stocks.

How has Summit Materials' stock price been impacted by Coronavirus (COVID-19)?

Summit Materials' stock was trading at $14.15 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SUM shares have increased by 164.5% and is now trading at $37.42.
View which stocks have been most impacted by COVID-19
.

When is Summit Materials' next earnings date?

Summit Materials is scheduled to release its next quarterly earnings announcement on Tuesday, February 22nd 2022.
View our earnings forecast for Summit Materials
.

How were Summit Materials' earnings last quarter?

Summit Materials, Inc. (NYSE:SUM) announced its earnings results on Wednesday, November, 3rd. The construction company reported $0.68 earnings per share for the quarter, topping analysts' consensus estimates of $0.64 by $0.04. Summit Materials had a trailing twelve-month return on equity of 7.72% and a net margin of 5.89%. During the same period last year, the business earned $0.55 earnings per share.
View Summit Materials' earnings history
.

What price target have analysts set for SUM?

11 brokers have issued 12-month target prices for Summit Materials' stock. Their forecasts range from $16.00 to $45.00. On average, they anticipate Summit Materials' stock price to reach $36.36 in the next year. This suggests that the stock has a possible downside of 2.8%.
View analysts' price targets for Summit Materials
or view top-rated stocks among Wall Street analysts.

Who are Summit Materials' key executives?

Summit Materials' management team includes the following people:
  • Anne P. Noonan, President, Chief Executive Officer & Director
  • Brian J. Harris, Chief Financial Officer & Executive Vice President
  • Karli Schumaker Anderson, Chief ESG Officer & Executive Vice President
  • Deon MacMillan, Chief People Officer & Executive Vice President
  • Christopher B. Gaskill, Secretary, Chief Legal Officer & Executive VP

What is Thomas Hill's approval rating as Summit Materials' CEO?

7 employees have rated Summit Materials CEO Thomas Hill on Glassdoor.com. Thomas Hill has an approval rating of 100% among Summit Materials' 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), Square (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 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.

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 institutional and retail investors. Top institutional investors include BlackRock Inc. (7.46%), Dimensional Fund Advisors LP (5.04%), Principal Financial Group Inc. (4.93%), Janus Henderson Group PLC (4.43%), Franklin Resources Inc. (4.41%) and Victory Capital Management Inc. (3.53%). Company insiders that own Summit Materials 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 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 Franklin Resources Inc., Eagle Asset Management Inc., BlackRock Inc., Allianz Asset Management GmbH, Emerald Mutual Fund Advisers Trust, Goldman Sachs Group Inc., Voya Investment Management LLC, and Peregrine Capital Management LLC. Company insiders that have sold Summit Materials company stock in the last year include Anne K Wade, Howard L Lance, and John Raymond Murphy.
View insider buying and selling activity for Summit Materials
or view top insider-selling stocks.

Which institutional investors are buying Summit Materials stock?

SUM stock was acquired by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., CastleArk Alternatives LLC, Moore Capital Management LP, American Century Companies Inc., Balyasny Asset Management LLC, Balyasny Asset Management LLC, Macquarie Group Ltd., and Dimensional Fund Advisors LP. Company insiders that have bought Summit Materials stock in the last two years include Anne P Noonan, and Joseph S Cantie.
View insider buying and selling activity for Summit Materials
or or view top insider-buying stocks.

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 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 $37.42.

How much money does Summit Materials make?

Summit Materials has a market capitalization of $4.44 billion and generates $2.33 billion in revenue each year. The construction company earns $141.24 million in net income (profit) each year or $1.22 on an earnings per share basis.

How many employees does Summit Materials have?

Summit Materials employs 2,018 workers across the globe.

What is Summit Materials' official website?

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

Where are Summit Materials' headquarters?

Summit Materials is headquartered at 1550 Wynkoop Street 3rd Floor, Denver CO, 80202.

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, via email at [email protected], or via fax at 303-893-6993.


This page was last updated on 12/6/2021 by MarketBeat.com Staff

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