Martin Marietta Materials Inc (MLM)

NYSE
Currency in USD
552.64
+10.08(+1.86%)
Closed
After Hours
552.640.00(0.00%)
MLM Scorecard
Full Analysis
Management has been aggressively buying back shares
Fair Value
Day's Range
549.76560.11
52 wk Range
490.05633.23
Key Statistics
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Prev. Close
542.56
Open
555.84
Day's Range
549.76-560.11
52 wk Range
490.05-633.23
Volume
390.53K
Average Volume (3m)
428.91K
1-Year Change
7.34%
Book Value / Share
150.02
Fair Value
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Fair Value Upside
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MLM Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
631.60
Upside
+14.29%
Members' Sentiments
Bearish
Bullish
ProTips
Has raised its dividend for 9 consecutive years
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Martin Marietta Materials Inc 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. 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.

Martin Marietta Materials Inc SWOT Analysis


Market Dominance
Explore Martin Marietta's strategic acquisitions in Florida and California, bolstering its position as a leading aggregates supplier and enhancing market share
Financial Resilience
Despite volume declines, MLM demonstrates pricing power with double-digit increases. Analysts project an average price target of $627, reflecting confidence in growth
Industry Headwinds
Delve into the challenges facing Martin Marietta, including rising costs and negative volume growth, as the construction industry approaches a potential 2025 peak
Future Prospects
Learn how potential policy changes and infrastructure spending could benefit MLM, offsetting cyclical pressures and driving long-term growth in the aggregates secto
Read full SWOT analysis

Martin Marietta Materials Inc Earnings Call Summary for Q2/2024

  • Record aggregates profitability achieved despite weather challenges; full-year 2024 adjusted EBITDA guidance revised to $2.2 billion
  • Acquisition of Blue Water Industries' aggregates operations exceeded expectations, bolstering future growth prospects
  • Company maintains focus on safety, operational excellence, and value-over-volume strategy amid increased infrastructure investment
  • Extended multiyear construction cycle anticipated in aggregates-intensive markets; positive outlook for state funding environments
  • $2.5 billion deployed on acquisitions, $339 million invested in business, and $542 million returned to shareholders in H1 2023
Last Updated: 08/09/2024, 06:36 PM
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Compare MLM to Peers and Sector

Metrics to compare
MLM
Peers
Sector
Relationship
P/E Ratio
16.9x13.1x−0.1x
PEG Ratio
0.190.430.00
Price/Book
3.7x1.4x1.6x
Price / LTM Sales
5.2x1.6x1.2x
Upside (Analyst Target)
20.7%0.0%30.2%
Fair Value Upside
Unlock−16.0%2.6%Unlock

Analyst Ratings

16 Buy
5 Hold
1 Sell
Ratings:
22 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 631.60
(+14.29% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 32.21
Dividend Yield
0.58%
Industry Median 2.19%
Annualized payout
3.1600
Paid quarterly
5-Years Growth
+8.63%
Growth Streak

Earnings

Latest Release
Oct 30, 2024
EPS / Forecast
5.91 / 6.45
Revenue / Forecast
1.89B / 1.96B
EPS Revisions
Last 90 days

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FAQ

What Is the Martin Marietta Materials (MLM) Stock Price Today?

The Martin Marietta Materials stock price today is 552.64

What Stock Exchange Does Martin Marietta Materials Trade On?

Martin Marietta Materials is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Martin Marietta Materials?

The stock symbol for Martin Marietta Materials is "MLM."

Does Martin Marietta Materials Pay Dividends? What’s The Current Dividend Yield?

The Martin Marietta Materials dividend yield is 0.58%.

What Is the Martin Marietta Materials Market Cap?

As of today, Martin Marietta Materials market cap is 33.75B.

What is Martin Marietta Materials Earnings Per Share?

The Martin Marietta Materials EPS is 32.21.

What Is the Next Martin Marietta Materials Earnings Date?

Martin Marietta Materials will release its next earnings report on Feb 17, 2025.

From a Technical Analysis Perspective, Is MLM a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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