Zacks Research Issues Negative Forecast for MLM Earnings

Martin Marietta Materials, Inc. (NYSE:MLM - Free Report) - Stock analysts at Zacks Research decreased their Q1 2025 earnings estimates for Martin Marietta Materials in a research report issued to clients and investors on Wednesday, March 5th. Zacks Research analyst R. Department now forecasts that the construction company will post earnings of $1.56 per share for the quarter, down from their previous estimate of $2.06. The consensus estimate for Martin Marietta Materials' current full-year earnings is $19.53 per share. Zacks Research also issued estimates for Martin Marietta Materials' Q2 2025 earnings at $5.37 EPS, Q3 2025 earnings at $6.59 EPS, FY2025 earnings at $18.26 EPS, Q1 2026 earnings at $1.79 EPS, Q2 2026 earnings at $5.77 EPS, Q3 2026 earnings at $6.79 EPS, Q4 2026 earnings at $4.73 EPS, FY2026 earnings at $19.07 EPS and FY2027 earnings at $21.06 EPS.

Several other equities research analysts have also commented on the stock. HSBC raised shares of Martin Marietta Materials from a "hold" rating to a "buy" rating and set a $690.00 price target for the company in a research report on Wednesday, December 11th. BNP Paribas cut shares of Martin Marietta Materials from a "strong-buy" rating to a "hold" rating in a report on Tuesday, December 10th. Morgan Stanley dropped their price target on shares of Martin Marietta Materials from $657.00 to $622.00 and set an "overweight" rating on the stock in a research note on Tuesday, December 17th. Barclays cut their price objective on shares of Martin Marietta Materials from $645.00 to $600.00 and set an "overweight" rating for the company in a research report on Thursday, February 13th. Finally, Loop Capital decreased their target price on Martin Marietta Materials from $680.00 to $645.00 and set a "buy" rating on the stock in a report on Thursday, February 13th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $634.36.

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Martin Marietta Materials Stock Performance

Martin Marietta Materials stock traded up $1.61 during mid-day trading on Monday, reaching $466.27. 663,137 shares of the stock traded hands, compared to its average volume of 454,651. Martin Marietta Materials has a 12-month low of $448.50 and a 12-month high of $633.23. The business's 50-day moving average is $515.74 and its 200-day moving average is $541.53. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.50 and a quick ratio of 1.40. The stock has a market capitalization of $28.43 billion, a PE ratio of 14.39, a price-to-earnings-growth ratio of 4.45 and a beta of 0.89.

Martin Marietta Materials (NYSE:MLM - Get Free Report) last posted its earnings results on Wednesday, February 12th. The construction company reported $4.79 EPS for the quarter, topping analysts' consensus estimates of $4.62 by $0.17. Martin Marietta Materials had a net margin of 30.54% and a return on equity of 12.11%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in shares of Martin Marietta Materials by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 7,174,183 shares of the construction company's stock valued at $3,705,466,000 after purchasing an additional 36,531 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Martin Marietta Materials by 23.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,678,425 shares of the construction company's stock valued at $1,441,663,000 after purchasing an additional 506,705 shares in the last quarter. FMR LLC increased its position in shares of Martin Marietta Materials by 15.3% in the third quarter. FMR LLC now owns 2,515,441 shares of the construction company's stock valued at $1,353,936,000 after buying an additional 334,605 shares in the last quarter. Principal Financial Group Inc. raised its position in shares of Martin Marietta Materials by 11.7% during the 4th quarter. Principal Financial Group Inc. now owns 1,819,744 shares of the construction company's stock worth $939,898,000 after purchasing an additional 191,043 shares during the last quarter. Finally, Amundi lifted its holdings in Martin Marietta Materials by 10.5% in the 4th quarter. Amundi now owns 1,562,146 shares of the construction company's stock valued at $808,005,000 after purchasing an additional 148,065 shares in the last quarter. Hedge funds and other institutional investors own 95.04% of the company's stock.

Insider Buying and Selling at Martin Marietta Materials

In other news, EVP Donald A. Mccunniff sold 1,332 shares of the firm's stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $475.00, for a total value of $632,700.00. Following the completion of the sale, the executive vice president now owns 3,523 shares in the company, valued at approximately $1,673,425. This trade represents a 27.44 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Michael J. Petro purchased 550 shares of the business's stock in a transaction that occurred on Tuesday, March 4th. The shares were purchased at an average price of $454.37 per share, for a total transaction of $249,903.50. Following the completion of the acquisition, the senior vice president now directly owns 8,985 shares in the company, valued at $4,082,514.45. The trade was a 6.52 % increase in their position. The disclosure for this purchase can be found here. 0.68% of the stock is currently owned by insiders.

Martin Marietta Materials Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 3rd will be paid a dividend of $0.79 per share. The ex-dividend date is Monday, March 3rd. This represents a $3.16 annualized dividend and a yield of 0.68%. Martin Marietta Materials's payout ratio is 9.77%.

Martin Marietta Materials Company Profile

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.