Mueller Industries, Inc. (MLI)

NYSE: MLI · IEX Real-Time Price · USD
69.86
+0.74 (1.07%)
Aug 16, 2022 11:39 AM EDT - Market open
1.07%
Market Cap 3.96B
Revenue (ttm) 4.10B
Net Income (ttm) 661.45M
Shares Out 56.68M
EPS (ttm) 11.65
PE Ratio 6.00
Forward PE 6.34
Dividend $0.76 (1.09%)
Ex-Dividend Date Sep 1, 2022
Volume 62,341
Open 68.76
Previous Close 69.12
Day's Range 68.51 - 69.90
52-Week Range 40.15 - 69.99
Beta 1.14
Analysts Buy
Price Target 127.50 (+82.5%)
Earnings Date Jul 19, 2022

About MLI

Mueller Industries, Inc. manufactures and sells copper, brass, aluminum, and plastic products in the United States, the United Kingdom, Canada, South Korea, the Middle East, China, and Mexico. It operates through three segments: Piping Systems, Industrial Metals, and Climate. The Piping Systems segment offers copper tubes, fittings, line sets, and pipe nipples; PEX plumbing and radiant systems; and plumbing-related fittings and plastic injection tooling. It also resells steel pipes, brass and plastic plumbing valves, malleable iron fittings and... [Read more...]

Industry Machinery
Founded 1917
CEO Gregory Christopher
Employees 5,337
Stock Exchange NYSE
Ticker Symbol MLI
Full Company Profile

Financial Performance

In 2021, MLI's revenue was $3.77 billion, an increase of 57.18% compared to the previous year's $2.40 billion. Earnings were $468.52 million, an increase of 235.87%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for MLI stock is "Buy." The 12-month stock price forecast is 127.5, which is an increase of 82.51% from the latest price.

Price Target
$127.5
(82.51% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Mueller Industries, Inc. Declares Cash Dividend for Third Quarter

COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 25 cents per ...

Why Mueller Industries Stock Is Soaring Today

The industrial products manufacturing specialist posted strong results.

Mueller Industries, Inc. Reports Second Quarter 2022 Earnings

COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) announces results for the second quarter of 2022. (All comparisons are to the prior year quarter.) Operating Income of $268.9 m...

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Mueller Industries Is Shiny Like Sunlit Copper

Mueller Industries Inc. ( MLI , Financial) is a stalwart of America's basic industries. It is, in my opinion, currently offering an attractive value proposition for retail investors, despite reports of ...

Mueller Industries, Inc. Declares Cash Dividend for Second Quarter

COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 25 cents per ...

Mueller Industries, Inc. Reports First Quarter 2022 Earnings

COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) announces results for the first quarter of 2022. (All comparisons are to the prior year quarter.) Operating Income of $212.7 mi...

Mueller Industries Boosts Quarterly Dividend By 92%

Mueller Industries, Inc. (NYSE: MLI) board declared a regular quarterly cash dividend of $0.25 per share, an increase of 92% from the prior dividend of $0.13 per share. The dividend is payable on April ...

Mueller Industries, Inc. Announces 92 Percent Increase in Quarterly Dividend

COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) announced today that its Board of Directors has declared a regular quarterly cash dividend. The company is raising the quarterl...

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Mueller Industries, Inc. Reports Fiscal 2021 Fourth Quarter and Full Year Results

COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) today reported 2021 fourth quarter and full year results. Fourth Quarter metrics: Operating income was $172.1 million, up 165%....

Mueller Industries: Mid-Cap Growth, If the Price Is Right

Mueller Industries Inc. ( MLI , Financial) has a market capitalization of $3.3 billion, a modest amount of debt, is growing its Ebitda quickly and appears to be reasonably priced (when that Ebitda growt...

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Mueller Industries, Inc. Declares Cash Dividend for Fourth Quarter

COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 13 cents per ...

Mueller Industries Stock Gains On Solid Q3 Results

Mueller Industries, Inc. (NYSE: MLI) reported third-quarter sales growth of 58.7% year-over-year to $982.25 million. Sales by segments: Piping Systems $688.2 million (+68.1% Y/Y), Industrial Metals $182...

Mueller Industries, Inc. Reports Third Quarter 2021 Earnings

COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) announces results for the third quarter of 2021. (All comparisons are to the prior year quarter.) $233.4 million in operating i...

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5 Top-Performing Industrial Stocks to Buy in September

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