NYSE:MLM Martin Marietta Materials (MLM) Stock Price, News & Analysis $545.92 +11.91 (+2.23%) (As of 12:31 PM ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About Martin Marietta Materials Stock (NYSE:MLM) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Key Stats Today's Range$537.71▼$548.0950-Day Range$502.48▼$593.3552-Week Range$389.90▼$626.67Volume93,037 shsAverage Volume443,671 shsMarket Capitalization$33.65 billionP/E Ratio16.18Dividend Yield0.58%Price Target$629.82Consensus RatingModerate Buy Company OverviewMartin 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… This Crypto Is Set to Explode in September (Ad)With thousands of cryptocurrencies out there, it's crucial to focus on the ONE that has the potential to make HUGE gains. Now, I'm about to reveal the #1 crypto for September 2024. Go here to get full details on this crypto now. Martin Marietta Materials Stock Analysis - MarketRank™See Top Rated MarketRank™ StocksOverall MarketRank™: 95th PercentileMartin Marietta Materials scored higher than 95% of companies evaluated by MarketBeat, and ranked 7th out of 98 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.4 / 5Analyst RatingModerate Buy 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. Earnings and Valuation3.1 / 5Proj. Earnings Growth15.99% Earnings GrowthEarnings for Martin Marietta Materials are expected to grow by 15.99% in the coming year, from $19.33 to $22.42 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Martin Marietta Materials is 15.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.64.Price to Earnings Ratio vs. SectorThe P/E ratio of Martin Marietta Materials is 15.82, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 24.16.Price to Earnings Growth RatioMartin Marietta Materials has a PEG Ratio of 3.52. 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 4.11. 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. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted2.26% 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 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Martin Marietta Materials has recently increased by 33.01%, indicating that investor sentiment is decreasing significantly. Dividend1.7 / 5Dividend StrengthWeak Dividend YieldMartin Marietta Materials has a dividend yield of 0.61%, 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 14.09% next year. This indicates that Martin Marietta Materials will be able to sustain or increase its dividend.Read more about Martin Marietta Materials' dividend. Sustainability and ESG0.5 / 5Environmental Score-5.65 Percentage of Shares Shorted2.26% 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 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Martin Marietta Materials has recently increased by 33.01%, indicating that investor sentiment is decreasing significantly. News and Social Media3.4 / 5News Sentiment1.05 News SentimentMartin Marietta Materials has a news sentiment score of 1.05. 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 0.66 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Martin Marietta Materials this week, compared to 9 articles on an average week.Search Interest9 people have searched for MLM on MarketBeat in the last 30 days. This is an increase of 80% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Martin Marietta Materials to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Company Ownership1.7 / 5Insider TradingN/A 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. MLM Stock News HeadlinesMartin Marietta Materials (NYSE:MLM) Upgraded to Hold at StockNews.comSeptember 18 at 4:45 AM | americanbankingnews.comAre Options Traders Betting on a Big Move in Martin Marietta Materials (MLM) Stock?September 16 at 10:12 PM | msn.comBiden's Executive Order, Dems Digital Money Legislation, First Step ToDonald Trump once again sounded the alarm against Fed-controlled digital currencies (CBDCs). If these plans are implemented, it could mean the end of America as we know it.September 19, 2024 | Monetary Gold (Ad)Martin Marietta Materials Inc. stock rises Monday, still underperforms marketSeptember 9, 2024 | marketwatch.comIs Weakness In Martin Marietta Materials, Inc. (NYSE:MLM) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?September 9, 2024 | finance.yahoo.comJim Cramer’s Top 10 Stock Picks: Where Martin Marietta Materials (MLM) StandsSeptember 8, 2024 | insidermonkey.comJim Cramer Says Martin Marietta Materials (MLM) Is a Strong InvestmentSeptember 8, 2024 | msn.comMixed Quarterly Results Impacted Martin Marietta Materials (MLM) in Q2September 4, 2024 | msn.comSee More Headlines MLM Stock Analysis - Frequently Asked Questions How have MLM shares performed this year? Martin Marietta Materials' stock was trading at $498.91 at the beginning of 2024. Since then, MLM stock has increased by 7.0% and is now trading at $534.01. View the best growth stocks for 2024 here. How were Martin Marietta Materials' earnings last quarter? Martin Marietta Materials, Inc. (NYSE:MLM) issued its earnings results on Thursday, August, 8th. The construction company reported $4.76 earnings per share for the quarter, missing the consensus estimate of $5.36 by $0.60. Martin Marietta Materials's revenue was down 3.1% on a year-over-year basis. Read the conference call transcript. Who are Martin Marietta Materials' major shareholders? Top institutional investors 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). Company Calendar Ex-Dividend for 6/28 Dividend6/03/2024Dividend Payable6/28/2024Last Earnings8/08/2024Ex-Dividend for 9/30 Dividend9/03/2024Today9/19/2024Dividend 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+17.9%Consensus RatingModerate Buy Rating Score (0-4)2.77 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$33.75 Trailing P/E Ratio15.82 Forward P/E Ratio27.63 P/E Growth3.52Net 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 / Sales4.97 Cash Flow$29.15 per share Price / Cash Flow18.32 Book Value$130.01 per share Price / Book4.11Miscellaneous Outstanding Shares61,640,000Free Float61,221,000Market Cap$32.92 billion OptionableOptionable Beta0.91 Social Links Should I Buy Martin Marietta Materials Stock? MLM Pros and Cons Explained 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 Sunday, September 8, 2024. Please send any questions or comments about these Martin Marietta Materials pros and cons to contact@marketbeat.com. Martin Marietta Materials Bull Case Here are some ways that investors could benefit from investing in Martin Marietta Materials, Inc.: Martin Marietta Materials, Inc. has a current stock price of $556.92, showing a positive trading trend. The company has a strong market capitalization of $34.33 billion, indicating stability and potential growth. Martin Marietta Materials, Inc. recently increased its quarterly dividend from $0.74 to $0.79 per share, reflecting confidence in future earnings. Analysts forecast the company to post earnings per share of 22.86 for the current fiscal year, suggesting profitability. The company's return on equity of 14.74% showcases efficient use of shareholder funds. Martin Marietta Materials Bear Case Investors should be bearish about investing in Martin Marietta Materials, Inc. for these reasons: Recent reports indicate a decrease in revenue by 3.1% compared to the same quarter last year, signaling a potential slowdown in growth. Multiple investment analysts have lowered their price targets on the stock, possibly indicating concerns about future performance. One analyst has rated the stock as a sell, suggesting a negative outlook on the company's prospects. The company's earnings per share for the most recent quarter missed analysts' consensus estimates, raising questions about its financial performance. Despite a "Moderate Buy" consensus rating, there are mixed opinions from analysts, which could lead to uncertainty in the stock's direction. 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