NYSE:MLM Martin Marietta Materials (MLM) Stock Price, News & Analysis $502.48 -3.59 (-0.71%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$501.98▼$514.7150-Day Range$502.48▼$593.3552-Week Range$389.90▼$626.67Volume457,801 shsAverage Volume448,634 shsMarket Capitalization$30.97 billionP/E Ratio14.89Dividend Yield0.63%Price Target$629.82 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Martin Marietta Materials alerts: Email Address Martin Marietta Materials MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.77 Rating ScoreUpside/Downside25.3% Upside$629.82 Price TargetShort InterestHealthy1.70% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-5.65Upright™ Environmental ScoreNews Sentiment0.95Based on 9 Articles This WeekInsider TradingN/AProj. Earnings Growth13.84%From $20.01 to $22.78 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.85 out of 5 starsConstruction Sector1st out of 99 stocksMining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry1st out of 20 stocks 4.4 Analyst's Opinion Consensus RatingMartin Marietta Materials has received a consensus rating of Moderate Buy. The company's average rating score is 2.77, and is based on 10 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageMartin Marietta Materials has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Martin Marietta Materials' stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.70% of the float of Martin Marietta Materials has been sold short.Short Interest Ratio / Days to CoverMartin Marietta Materials has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Martin Marietta Materials has recently decreased by 9.65%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldMartin Marietta Materials has a dividend yield of 0.55%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthMartin Marietta Materials does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Martin Marietta Materials is 9.36%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Martin Marietta Materials will have a dividend payout ratio of 13.87% next year. This indicates that Martin Marietta Materials will be able to sustain or increase its dividend.Read more about Martin Marietta Materials' dividend. Previous Next 0.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreMartin Marietta Materials has received a -73.50% net impact score from Upright. The largest negative impact of Martin Marietta Materials in category "GHG emissions" seems to be driven mostly by its "Construction sand", "Stone chippings", "Fiber cement", "Dry mortar", and "Asphalt" products. See details.Environmental SustainabilityThe Environmental Impact score for Martin Marietta Materials is -5.65. Previous Next 2.2 News and Social Media Coverage News SentimentMartin Marietta Materials has a news sentiment score of 0.95. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.72 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Martin Marietta Materials this week, compared to 9 articles on an average week.Search InterestOnly 9 people have searched for MLM on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Martin Marietta Materials to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Martin Marietta Materials insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.68% of the stock of Martin Marietta Materials is held by insiders.Percentage Held by Institutions95.04% of the stock of Martin Marietta Materials is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Martin Marietta Materials' insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Martin Marietta Materials are expected to grow by 13.84% in the coming year, from $20.01 to $22.78 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Martin Marietta Materials is 14.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.80.Price to Earnings Ratio vs. SectorThe P/E ratio of Martin Marietta Materials is 14.89, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 21.92.Price to Earnings Growth RatioMartin Marietta Materials has a PEG Ratio of 3.57. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioMartin Marietta Materials has a P/B Ratio of 3.47. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Martin Marietta Materials' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyThe death of Nvidia?Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.So go here now to read my new report The Big AI Die-Up… while you still can. About Martin Marietta Materials Stock (NYSE:MLM)Martin Marietta Materials, Inc., a natural resource-based building materials company, supplies aggregates and heavy-side building materials to the construction industry in the United States and internationally. It offers crushed stone, sand, and gravel products; ready mixed concrete and asphalt; paving products and services; and Portland and specialty cement for use in the infrastructure projects, and nonresidential and residential construction markets, as well as in the railroad, agricultural, utility, and environmental industries. The company also produces magnesia-based chemicals products; dolomitic lime primarily to customers for steel production and soil stabilization; and cement treated materials. Its chemical products are used in flame retardants, wastewater treatment, pulp and paper production, and other environmental applications. The company was founded in 1939 and is headquartered in Raleigh, North Carolina.Read More MLM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MLM Stock News HeadlinesSeptember 4 at 8:47 AM | msn.comMixed Quarterly Results Impacted Martin Marietta Materials (MLM) in Q2September 2, 2024 | forbes.comGet A Load Of The Profit Margin On These CompaniesSeptember 7, 2024 | True Gold Republic (Ad)China Stockpiling Gold “Like No Tomorrow”For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a population of over 1.4 BILLION is “buying gold like there’s no tomorrow,” according to The New York Times. China, a rising global economic threat, aims to reduce its dependence on the US dollar… . September 1, 2024 | finance.yahoo.comAn Intrinsic Calculation For Martin Marietta Materials, Inc. (NYSE:MLM) Suggests It's 23% UndervaluedAugust 30, 2024 | americanbankingnews.comMartin Marietta Materials (NYSE:MLM) Downgraded to "Sell" at StockNews.comAugust 30, 2024 | insidermonkey.comIs Martin Marietta Materials (MLM) an Attractive Business?August 30, 2024 | americanbankingnews.comMartin Marietta Materials, Inc. (NYSE:MLM) Given Consensus Rating of "Moderate Buy" by AnalystsAugust 28, 2024 | americanbankingnews.comMartin Marietta Materials (NYSE:MLM) PT Raised to $657.00September 7, 2024 | True Gold Republic (Ad)China Stockpiling Gold “Like No Tomorrow”For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a population of over 1.4 BILLION is “buying gold like there’s no tomorrow,” according to The New York Times. China, a rising global economic threat, aims to reduce its dependence on the US dollar… . August 27, 2024 | benzinga.comThe Analyst Landscape: 9 Takes On Martin Marietta MaterialsAugust 25, 2024 | finance.yahoo.comMartin Marietta Materials Insiders Sell US$19m Of Stock, Possibly Signalling CautionAugust 21, 2024 | benzinga.comHere's How Much You Would Have Made Owning Martin Marietta Materials Stock In The Last 20 YearsAugust 18, 2024 | finance.yahoo.comMartin Marietta Materials' (NYSE:MLM) Earnings Are Weaker Than They SeemAugust 15, 2024 | globenewswire.comMartin Marietta Declares Quarterly Cash DividendAugust 10, 2024 | uk.finance.yahoo.comMartin Marietta Materials Second Quarter 2024 Earnings: Misses ExpectationsAugust 9, 2024 | seekingalpha.comMartin Marietta Materials, Inc. (MLM) Q2 2024 Earnings Call TranscriptAugust 9, 2024 | markets.businessinsider.comAnalysts Offer Insights on Materials Companies: Nutrien (NTR) and Martin Marietta Materials (MLM)August 9, 2024 | markets.businessinsider.comMaintaining Hold on Martin Marietta Materials Amid Mixed Growth Signals and Downward Price Objective RevisionSee More Headlines Receive MLM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Martin Marietta Materials and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 6/28 Dividend6/03/2024Dividend Payable6/28/2024Last Earnings8/08/2024Ex-Dividend for 9/30 Dividend9/03/2024Today9/07/2024Dividend Payable9/30/2024Next Earnings (Estimated)11/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConstruction Industry Mining & quarrying of nonmetallic minerals, except fuels Sub-IndustryConstruction Materials Current SymbolNYSE:MLM CUSIP57328410 CIK916076 Webwww.martinmarietta.com Phone(919) 781-4550Fax919-783-4535Employees9,400Year Founded1993Price Target and Rating Average Stock Price Target$629.82 High Stock Price Target$737.00 Low Stock Price Target$543.00 Potential Upside/Downside+25.3%Consensus RatingModerate Buy Rating Score (0-4)2.77 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$33.75 Trailing P/E Ratio14.89 Forward P/E Ratio25.11 P/E Growth3.57Net Income$1.17 billion Net Margins30.80% Pretax Margin40.32% Return on Equity13.85% Return on Assets7.42% Debt Debt-to-Equity Ratio0.45 Current Ratio1.86 Quick Ratio0.94 Sales & Book Value Annual Sales$6.62 billion Price / Sales4.68 Cash Flow$26.08 per share Price / Cash Flow19.27 Book Value$144.64 per share Price / Book3.47Miscellaneous Outstanding Shares61,640,000Free Float61,221,000Market Cap$30.97 billion OptionableOptionable Beta0.91 Social Links Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. C. Howard Nye (Age 61)Chairman, CEO & President Comp: $4.78MMr. James A. J. Nickolas (Age 53)Executive VP & CFO Comp: $2.41MMr. Robert J. Cardin (Age 61)Senior VP, Controller & Chief Accounting Officer Comp: $1.39MMs. Roselyn R. Bar (Age 65)Executive VP, General Counsel & Corporate Secretary Comp: $1.93MMr. Michael J. Petro (Age 40)Senior Vice President of Strategy & Development Comp: $1.32MSuzanne OsbergVice President of Investor RelationsMr. Kirk LightPresident of Cement & Southwest Ready MixOliver W. Brooks (Age 38)Senior Vice President of Enterprise Excellence Ron KopplinEast Division PresidentAbbott LawrenceWest Division PresidentMore ExecutivesKey CompetitorsVulcan MaterialsNYSE:VMCJames Hardie IndustriesNYSE:JHXFortune Brands InnovationsNYSE:FBINCEMEXNYSE:CXEagle MaterialsNYSE:EXPView All CompetitorsInsiders & InstitutionsSanctuary Advisors LLCBought 6,934 shares on 9/5/2024Ownership: 0.011%Coronation Fund Managers Ltd.Sold 584 shares on 9/4/2024Ownership: 0.007%Clearbridge Investments LLCBought 4,939 shares on 8/27/2024Ownership: 0.371%Dana Investment Advisors Inc.Sold 378 shares on 8/27/2024Ownership: 0.003%Teachers Retirement System of The State of KentuckyBought 8,387 shares on 8/26/2024Ownership: 0.046%View All Insider TransactionsView All Institutional Transactions Should I Buy Martin Marietta Materials Stock? MLM Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Martin Marietta Materials, Inc.: Martin Marietta Materials has a strong market capitalization of $32.37 billion, indicating stability and potential for growth. The company has a low debt-to-equity ratio of 0.44, showcasing a healthy financial structure. Recent dividend announcements show a consistent payout ratio of 8.77%, providing investors with a steady income stream. Positive analyst ratings with an average price target of $625.55 suggest confidence in the company's future performance. Despite recent fluctuations, the stock has shown resilience with a 12-month high of $626.67, indicating potential for capital appreciation. Cons Investors should be bearish about investing in Martin Marietta Materials, Inc. for these reasons: The recent decrease in the stock price from $525.11 may indicate short-term volatility or market uncertainties affecting the company. The company's PEG ratio of 3.12 suggests that the stock may be overvalued relative to its earnings growth potential. Lower-than-expected quarterly earnings of $4.76 per share could raise concerns about the company's profitability and operational efficiency. Analysts revising price targets downwards, such as from $650.00 to $610.00, may signal potential challenges or risks ahead for the company. While the company has a diverse investor base, with institutional investors holding a significant portion of the stock, high ownership concentration could lead to increased volatility. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, August 20, 2024. Please send any questions or comments about these Martin Marietta Materials pros and cons to contact@marketbeat.com. MLM Stock Analysis - Frequently Asked Questions How have MLM shares performed this year? Martin Marietta Materials' stock was trading at $498.91 at the start of the year. Since then, MLM shares have increased by 0.7% and is now trading at $502.48. View the best growth stocks for 2024 here. How were Martin Marietta Materials' earnings last quarter? Martin Marietta Materials, Inc. (NYSE:MLM) issued its quarterly earnings data on Thursday, August, 8th. The construction company reported $4.76 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $5.36 by $0.60. Martin Marietta Materials's quarterly revenue was down 3.1% compared to the same quarter last year. Read the conference call transcript. What is C. Howard Nye's approval rating as Martin Marietta Materials' CEO? 125 employees have rated Martin Marietta Materials Chief Executive Officer C. Howard Nye on Glassdoor.com. C. Howard Nye has an approval rating of 84% among the company's employees. Who are Martin Marietta Materials' major shareholders? Top institutional shareholders of Martin Marietta Materials include Baillie Gifford & Co. (3.58%), Select Equity Group L.P. (3.40%), Principal Financial Group Inc. (1.50%) and King Luther Capital Management Corp (1.17%). Insiders that own company stock include C Howard Nye, Roselyn R Bar, Sue W Cole, John P Mohr and Craig M Latorre. View institutional ownership trends. How do I buy shares of Martin Marietta Materials? Shares of MLM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Martin Marietta Materials own? Based on aggregate information from My MarketBeat watchlists, some other companies that Martin Marietta Materials investors own include NVIDIA (NVDA), AbbVie (ABBV), Micron Technology (MU), Vulcan Materials (VMC), Boeing (BA), Alibaba Group (BABA) and UnitedHealth Group (UNH). This page (NYSE:MLM) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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Addiction has overwhelmed these once thriving coal towns. ...Porter & Company | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Martin Marietta Materials, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share Martin Marietta Materials With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. 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