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S&P 500   3,852.36
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What You Need to Know About Annuity Withdrawals
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S&P 500   3,852.36
DOW   32,920.46
QQQ   290.27
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Is This The End of Capitalism? (Ad)
What You Need to Know About Annuity Withdrawals
SoFi Technologies Smashes Earnings but Beware the Fed Decision
The Next Big Crisis Is Here (Ad)
Why Gold Can Be A Glistening Addition To Your Portfolio Right Now
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The Next Big Crisis Is Here (Ad)
Buying The Dip In Colgate-Palmolive 
GE Healthcare Technology: Speculating On Dividends 
S&P 500   3,852.36
DOW   32,920.46
QQQ   290.27
Mullen Automotive On Hiring Spree, What Could That Mean? 
Is This The End of Capitalism? (Ad)
What You Need to Know About Annuity Withdrawals
SoFi Technologies Smashes Earnings but Beware the Fed Decision
The Next Big Crisis Is Here (Ad)
Why Gold Can Be A Glistening Addition To Your Portfolio Right Now
Grab Shares Are Suddenly On Track To Double
The Next Big Crisis Is Here (Ad)
Buying The Dip In Colgate-Palmolive 
GE Healthcare Technology: Speculating On Dividends 
NYSE:SUM

Summit Materials - SUM Stock Forecast, Price & News

$31.77
-0.26 (-0.81%)
(As of 01/30/2023 12:00 AM ET)
Add
Compare
Today's Range
$31.76
$32.02
50-Day Range
$28.39
$32.06
52-Week Range
$21.99
$36.44
Volume
373,560 shs
Average Volume
506,143 shs
Market Capitalization
$3.76 billion
P/E Ratio
13.41
Dividend Yield
N/A
Price Target
$34.10

Summit Materials MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.70 Rating Score
Upside/​Downside
7.3% Upside
$34.10 Price Target
Short Interest
Healthy
5.64% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-7.04
Upright™ Environmental Score
News Sentiment
0.83mentions of Summit Materials in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
37.29%
From $1.18 to $1.62 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.01 out of 5 stars

Construction Sector

60th out of 109 stocks

Mining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry

11th out of 17 stocks


SUM stock logo

About Summit Materials (NYSE:SUM) Stock

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

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SUM Stock News Headlines

The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
Stifel Nicolaus Keeps Their Buy Rating on Summit Materials (SUM)
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
Summit Materials, Inc. (SUM)
Summit Materials declares special stock dividend
Summit Materials Declares Special Dividend
Summit Materials, Inc. Declares Special Stock Dividend
Summit Materials Inc - Ordinary Shares - Class A
RBC Capital Reaffirms Their Buy Rating on Summit Materials (SUM)
Summit Materials (SUM) Q3 Earnings Miss Estimates
Summit Materials's Earnings: A Preview
See More Headlines
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SUM Company Calendar

Last Earnings
11/02/2022
Ex-Dividend for 12/29 Dividend
12/14/2022
Dividend Payable
12/29/2022
Today
1/30/2023
Next Earnings (Estimated)
2/22/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Mining & quarrying of nonmetallic minerals, except fuels
Sub-Industry
N/A
Employees
5,500
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$34.10
High Stock Price Forecast
$45.00
Low Stock Price Forecast
$28.00
Forecasted Upside/Downside
+7.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.70
Research Coverage
10 Analysts

Profitability

Net Income
$154.28 million
Pretax Margin
15.26%

Debt

Sales & Book Value

Annual Sales
$2.41 billion
Cash Flow
$3.03 per share
Book Value
$15.10 per share

Miscellaneous

Free Float
117,445,000
Market Cap
$3.76 billion
Optionable
Optionable
Beta
1.36

Key Executives

  • Anne P. NoonanAnne P. Noonan
    President, Chief Executive Officer & Director
  • Brian J. Harris
    Chief Financial Officer & Executive Vice President
  • Thomas A. Beck
    Executive Vice President
  • Abney S. Boxley
    Executive Vice President
  • Karli Schumaker Anderson
    Executive VP, Chief People & ESG Officer













SUM Stock - Frequently Asked Questions

Should I buy or sell Summit Materials stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Summit Materials in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SUM shares.
View SUM analyst ratings
or view top-rated stocks.

What is Summit Materials' stock price forecast for 2023?

10 brokers have issued 12 month price targets for Summit Materials' shares. Their SUM share price forecasts range from $28.00 to $45.00. On average, they anticipate the company's share price to reach $34.10 in the next twelve months. This suggests a possible upside of 7.3% from the stock's current price.
View analysts price targets for SUM
or view top-rated stocks among Wall Street analysts.

How have SUM shares performed in 2023?

Summit Materials' stock was trading at $28.39 at the beginning of the year. Since then, SUM shares have increased by 11.9% and is now trading at $31.77.
View the best growth stocks for 2023 here
.

When is Summit Materials' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023.
View our SUM earnings forecast
.

How were Summit Materials' earnings last quarter?

Summit Materials, Inc. (NYSE:SUM) posted its earnings results on Wednesday, November, 2nd. The construction company reported $0.70 EPS for the quarter, missing analysts' consensus estimates of $0.76 by $0.06. The construction company earned $686.01 million during the quarter, compared to analysts' expectations of $656.77 million. Summit Materials had a trailing twelve-month return on equity of 7.48% and a net margin of 11.65%.

How often does Summit Materials pay dividends? What is the dividend yield for Summit Materials?

Summit Materials declared a -- dividend on Wednesday, December 14th. Shareholders of record on Thursday, December 15th will be given a dividend of $1.70 per share on Thursday, December 29th. The ex-dividend date of this dividend is Wednesday, December 14th.
Read our dividend analysis for SUM
.

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

7 employees have rated Summit Materials Chief Executive Officer Thomas Hill on Glassdoor.com. Thomas Hill has an approval rating of 100% among the company's 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), Block (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 a variety of retail and institutional investors. Top institutional investors include Congress Asset Management Co. MA (0.47%), Peregrine Capital Management LLC (0.32%), Moody Aldrich Partners LLC (0.19%), New York State Common Retirement Fund (0.17%), Lapides Asset Management LLC (0.15%) and Symphony Financial Ltd. Co. (0.02%). Insiders that own company 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
.

How do I buy shares of Summit Materials?

Shares of SUM stock 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 $31.77.

How much money does Summit Materials make?

Summit Materials (NYSE:SUM) has a market capitalization of $3.76 billion and generates $2.46 billion in revenue each year. The construction company earns $154.28 million in net income (profit) each year or $2.37 on an earnings per share basis.

How many employees does Summit Materials have?

The company employs 5,500 workers across the globe.

How can I contact Summit Materials?

Summit Materials' mailing address is 1550 Wynkoop Street 3rd Floor, Denver CO, 80202. The official website for the company is www.summit-materials.com. The construction company can be reached via phone at (303) 893-0012, via email at brian.harris@summit-materials.com, or via fax at 303-893-6993.

This page (NYSE:SUM) was last updated on 1/31/2023 by MarketBeat.com Staff