NYSE:SUM Summit Materials (SUM) Stock Price, News & Analysis $35.92 -0.59 (-1.62%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$35.89▼$37.5550-Day Range$35.60▼$41.7952-Week Range$29.98▼$44.89Volume1.06 million shsAverage Volume854,688 shsMarket Capitalization$6.31 billionP/E Ratio16.04Dividend YieldN/APrice Target$47.40 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Summit Materials alerts: Email Address Summit Materials MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.73 Rating ScoreUpside/Downside32.0% Upside$47.40 Price TargetShort InterestHealthy2.64% of Shares Sold ShortDividend StrengthN/ASustainability-7.04Upright™ Environmental ScoreNews Sentiment0.67Based on 10 Articles This WeekInsider TradingN/AProj. Earnings Growth33.73%From $1.69 to $2.26 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.4.40 out of 5 starsConstruction Sector20th out of 99 stocksMining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry5th out of 20 stocks 4.4 Analyst's Opinion Consensus RatingSummit Materials has received a consensus rating of Moderate Buy. The company's average rating score is 2.73, and is based on 8 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageSummit Materials has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Summit Materials' stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.64% of the outstanding shares of Summit Materials have been sold short.Short Interest Ratio / Days to CoverSummit Materials has a short interest ratio ("days to cover") of 4.8.Change versus previous monthShort interest in Summit Materials has recently decreased by 0.43%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldSummit Materials does not currently pay a dividend.Dividend GrowthSummit Materials does not have a long track record of dividend growth. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSummit Materials has received a -119.30% net impact score from Upright. The largest negative impact of Summit Materials in category "GHG emissions" seems to be driven mostly by its "Construction sand", "Crushed stone", and "Concrete" products. See details.Environmental SustainabilityThe Environmental Impact score for Summit Materials is -7.04. Previous Next 2.6 News and Social Media Coverage News SentimentSummit Materials has a news sentiment score of 0.67. 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 news sentiment score is similar to the average news sentiment of Construction companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Summit Materials this week, compared to 5 articles on an average week.Search InterestOnly 4 people have searched for SUM on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.MarketBeat Follows2 people have added Summit Materials to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Summit Materials insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.55% of the stock of Summit Materials is held by insiders.Read more about Summit Materials' insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Summit Materials are expected to grow by 33.73% in the coming year, from $1.69 to $2.26 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Summit Materials is 16.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.71.Price to Earnings Ratio vs. SectorThe P/E ratio of Summit Materials is 16.04, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 21.79.Price to Book Value per Share RatioSummit Materials has a P/B Ratio of 1.46. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Summit Materials' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyWar on Elon Escalates… A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.One company holds a near-total monopoly on it. About Summit Materials Stock (NYSE:SUM)Summit Materials, Inc. operates as a vertically integrated construction materials company in the United States and Canada. It operates in three segments: West, East, and Cement. The company offers aggregates, cement, ready-mix concrete, asphalt paving mixes, and concrete products, as well as plastics components. It also provides asphalt paving and related services. In addition, the company operates municipal waste, construction, and demolition debris landfills; and liquid asphalt terminals. The company serves the public infrastructure, and residential and nonresidential end markets. Summit Materials, Inc. was founded in 2009 and is headquartered in Denver, Colorado.Read More SUM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SUM Stock News HeadlinesSeptember 6 at 1:32 PM | yahoo.comHere's a look at which Summit County restaurants had the most health violations in AugustSeptember 6 at 1:32 PM | msn.comCity of Akron addresses massive HAZMAT fire; Summit County Public Health says air quality ‘acceptable’September 7, 2024 | Weiss Ratings (Ad)Who are Nvidia’s New Silent Partners?Nvidia recently became just the third $2 trillion company. But Nvidia can’t do everything by itself.September 5 at 2:04 AM | americanbankingnews.comSummit Materials, Inc. (NYSE:SUM) Receives Consensus Recommendation of "Moderate Buy" from AnalystsSeptember 4 at 5:59 AM | cnn.comChina kicks off major African summit as it seeks to woo leaders amid pressure from the WestSeptember 4 at 5:59 AM | finance.yahoo.comDoes Summit Materials (NYSE:SUM) Deserve A Spot On Your Watchlist?August 29, 2024 | msn.comPoor Weather Dragged Summit Materials (SUM) in Late Q2August 28, 2024 | americanbankingnews.comSummit Materials (NYSE:SUM) Coverage Initiated at Morgan StanleySeptember 7, 2024 | Weiss Ratings (Ad)Who are Nvidia’s New Silent Partners?Nvidia recently became just the third $2 trillion company. But Nvidia can’t do everything by itself.August 27, 2024 | msn.comMorgan Stanley Initiates Coverage of Summit Materials (SUM) with Overweight RecommendationAugust 16, 2024 | msn.comBirmingham hosts Electric Vehicle SummitAugust 16, 2024 | msn.comAlibaba, JD.com up; Applied Materials, Amcor down - Midday stock moversAugust 15, 2024 | msn.comMoms for Liberty coming to DC for ‘Joyful Warriors’ summitAugust 15, 2024 | finance.yahoo.comWhy Summit Materials' (NYSE:SUM) Earnings Are Weaker Than They SeemAugust 8, 2024 | markets.businessinsider.comAnalysts Offer Insights on Materials Companies: Wheaton Precious Metals (WPM), Pan American Silver (PAAS) and Summit Materials (SUM)August 6, 2024 | seekingalpha.comSummit Materials, Inc. 2024 Q2 - Results - Earnings Call PresentationAugust 5, 2024 | prnewswire.comSummit Materials, Inc. Reports Second Quarter 2024 ResultsAugust 4, 2024 | markets.businessinsider.comHere's what to expect from Summit Materials A's earningsSee More Headlines Receive SUM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Summit Materials and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/05/2024Today9/07/2024Next 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-IndustryNon-Metallic And Industrial Metal Mining Current SymbolNYSE:SUM CUSIPN/A CIK1621563 Webwww.summit-materials.com Phone(303) 893-0012Fax303-893-6993Employees5,300Year FoundedN/APrice Target and Rating Average Stock Price Target$47.40 High Stock Price Target$51.00 Low Stock Price Target$45.00 Potential Upside/Downside+32.0%Consensus RatingModerate Buy Rating Score (0-4)2.73 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$2.24 Trailing P/E Ratio16.04 Forward P/E Ratio21.25 P/E GrowthN/ANet Income$289.63 million Net Margins8.06% Pretax Margin11.20% Return on Equity7.00% Return on Assets3.55% Debt Debt-to-Equity Ratio0.64 Current Ratio2.62 Quick Ratio2.01 Sales & Book Value Annual Sales$2.62 billion Price / Sales2.41 Cash Flow$3.40 per share Price / Cash Flow10.58 Book Value$24.68 per share Price / Book1.46Miscellaneous Outstanding Shares175,590,000Free Float174,500,000Market Cap$6.31 billion OptionableOptionable Beta1.18 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMs. Anne P. Noonan (Age 61)President, CEO & Director Comp: $3.5MMr. C. Scott Anderson (Age 57)Executive VP & CFO Comp: $1.45MMr. Christopher Burke Gaskill (Age 42)Executive VP, Chief Legal Officer & Secretary Comp: $1.01MMs. Karli S. Anderson (Age 51)Executive VP of Chief People & ESG Officer and Head of Communications Comp: $1.02MMr. Brian J. Harris (Age 68)Executive Officer Comp: $777.31kMr. Kekin M. Ghelani (Age 50)Executive VP and Chief Strategy & Growth Officer Comp: $1.26MMr. Marshall D. Moore (Age 60)Executive VP & COO Mr. Brian D. Frantz (Age 61)Senior VP, Treasurer & Chief Accounting Officer Andy LarkinVice President, Investor RelationsTrent MussoSenior VP of Corporate DevelopmentMore ExecutivesKey CompetitorsTeck ResourcesNYSE:TECKCamecoNYSE:CCJSociedad Química y Minera de ChileNYSE:SQMKnife RiverNYSE:KNFNexGen EnergyNYSE:NXEView All CompetitorsInsiders & InstitutionsSanctuary Advisors LLCBought 16,843 shares on 9/5/2024Ownership: 0.010%Clearbridge Investments LLCSold 3,845 shares on 8/27/2024Ownership: 1.808%Truist Financial CorpBought 8,565 shares on 8/21/2024Ownership: 0.005%Creative PlanningSold 12,226 shares on 8/16/2024Ownership: 0.018%Northwestern Mutual Wealth Management Co.Bought 680 shares on 8/16/2024Ownership: 0.003%View All Insider TransactionsView All Institutional Transactions SUM Stock Analysis - Frequently Asked Questions How have SUM shares performed this year? Summit Materials' stock was trading at $38.46 at the beginning of the year. Since then, SUM stock has decreased by 6.6% and is now trading at $35.92. View the best growth stocks for 2024 here. How were Summit Materials' earnings last quarter? Summit Materials, Inc. (NYSE:SUM) posted its quarterly earnings data on Monday, August, 5th. The construction company reported $0.66 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.61 by $0.05. Summit Materials's revenue for the quarter was up 58.1% compared to the same quarter last year. 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. When did Summit Materials IPO? Summit Materials (SUM) raised $400 million in an initial public offering on Thursday, March 12th 2015. The company issued 22,200,000 shares at $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 are Summit Materials' major shareholders? Summit Materials' top institutional shareholders include Massachusetts Financial Services Co. MA (4.11%), Principal Financial Group Inc. (2.96%), Dimensional Fund Advisors LP (2.47%) and Victory Capital Management Inc. (2.10%). Insiders that own company stock include Jason Kilgore, Anne K Wade and John Raymond Murphy. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Summit Materials own? Based on aggregate information from My MarketBeat watchlists, some other companies that Summit Materials investors own include Intel (INTC), Pfizer (PFE), Block (SQ), RTX (RTX), Western Digital (WDC), Bank of America (BAC) and Johnson & Johnson (JNJ). This page (NYSE:SUM) 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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