Log in

NYSE:SUMSummit Materials Stock Price, Forecast & News

$16.60
+0.89 (+5.67 %)
(As of 07/3/2020 04:00 PM ET)
Add
Compare
Today's Range
$16.22
Now: $16.60
$17.11
50-Day Range
$11.81
MA: $15.42
$17.97
52-Week Range
$7.51
Now: $16.60
$25.22
Volume1.04 million shs
Average Volume1.11 million shs
Market Capitalization$1.89 billion
P/E Ratio23.38
Dividend YieldN/A
Beta1.71
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
Summit Materials logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.55 out of 5 stars


Industry, Sector and Symbol

Industry Mining & quarrying of nonmetallic minerals, except fuels
Sub-IndustryN/A
CUSIPN/A
Phone303-893-0012

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.22 billion
Cash Flow$2.93 per share
Book Value$12.75 per share

Profitability

Net Income$61.12 million

Miscellaneous

Employees6,000
Market Cap$1.89 billion
Next Earnings Date8/6/2020 (Estimated)
OptionableOptionable

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 COVID-19 (Coronavirus)?

Summit Materials' stock was trading at $14.15 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SUM shares have increased by 17.3% and is now trading at $16.60. View which stocks have been most impacted by Coronavirus.

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, 6 hold ratings and 9 buy ratings 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 Thursday, August 6th 2020. View our earnings forecast for Summit Materials.

How were Summit Materials' earnings last quarter?

Summit Materials Inc (NYSE:SUM) posted its quarterly earnings data on Wednesday, April, 29th. The construction company reported ($0.48) earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of ($0.48). The construction company earned $342.40 million during the quarter, compared to the consensus estimate of $321.47 million. Summit Materials had a net margin of 3.67% and a return on equity of 7.89%. The firm's quarterly revenue was up 11.9% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.49) EPS. View Summit Materials' earnings history.

What price target have analysts set for SUM?

16 brokers have issued 12-month price targets for Summit Materials' stock. Their forecasts range from $12.50 to $28.00. On average, they anticipate Summit Materials' share price to reach $18.96 in the next twelve months. This suggests a possible upside of 14.2% from the stock's current price. View analysts' price targets for Summit Materials.

Has Summit Materials been receiving favorable news coverage?

News stories about SUM stock have trended negative recently, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Summit Materials earned a news impact score of -2.2 on InfoTrie's scale. They also assigned press coverage about the construction company a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the company's share price in the near term. View the latest news about Summit Materials.

Who are some of Summit Materials' key 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 Square (SQ), Altria Group (MO), Netflix (NFLX), General Electric (GE), Southern (SO), WNS (WNS), AbbVie (ABBV), Intel (INTC), Pfizer (PFE) and Starbucks (SBUX).

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 (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 served 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."

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 $16.60.

How big of a company is Summit Materials?

Summit Materials has a market capitalization of $1.89 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 7/5/2020 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. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.