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Mueller Industries, Inc. (MLI)

NYSE: MLI · IEX Real-Time Price · USD
49.17 1.09 (2.27%)
Oct 22, 2021 4:00 PM EDT - Market closed
Market Cap2.79B
Revenue (ttm)3.49B
Net Income (ttm)379.34M
Shares Out56.08M
EPS (ttm)6.68
PE Ratio7.36
Forward PEn/a
Dividend$0.49 (1.00%)
Ex-Dividend DateSep 2, 2021
Volume349,039
Open48.47
Previous Close48.08
Day's Range48.29 - 49.65
52-Week Range27.44 - 49.65
Beta1.19
AnalystsBuy
Price Target100.00 (+103.4%)
Est. Earnings Daten/a

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. The company's 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 faucets, and plumbing specialties; and supplies water tubes. This segment...

IndustryMachinery
Founded1917
CEOGregory Christopher
Employees5,007
Stock ExchangeNYSE
Ticker SymbolMLI
Full Company Profile

Financial Performance

In 2020, MLI's revenue was $2.40 billion, a decrease of -1.34% compared to the previous year's $2.43 billion. Earnings were $139.49 million, an increase of 38.15%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for MLI stock is "Buy." The 12-month stock price forecast is 100.00, which is an increase of 103.38% from the latest price.

Price Target
$100.00
(103.38% upside)
Analyst Consensus: Buy

News

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...

3 days ago - Benzinga

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...

4 days ago - Business Wire

4 Stocks Looking Like Potential Bargains

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1 month ago - Zacks Investment Research

5 Top-Performing Industrial Stocks to Buy in September

Despite an array of issues, US manufacturing has been growing for quite some time now, which calls for investing in stocks such as Belden (BDC), Deere (DE) & Mueller Industries (MLI).

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U.S. Industrial Production Hits 4-Month High: 5 Top Picks

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2 months ago - Zacks Investment Research

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 13 cents per ...

2 months ago - Business Wire

5 Top Ranked Stocks With Impressive Net Profit Margins

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2 months ago - Zacks Investment Research

Top Ranked Value Stocks to Buy for July 22nd

CPLP, MLI, BCBP, and LEN made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 22, 2021.

Other symbols:BCBPCPLPLEN
3 months ago - Zacks Investment Research

Mueller Industries, Inc. Reports Second Quarter 2021 Earnings

COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) announces 2021 second quarter results. (All comparisons are to the prior year quarter.) Operating income of $157.8 million vers...

3 months ago - Business Wire

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4 months ago - Zacks Investment Research

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 13 cents per ...

5 months ago - Business Wire

Mueller Industries, Inc. Reports First Quarter 2021 Earnings

COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) announces 2021 first quarter results. (All comparisons are to the prior year quarter.) Operating income of $92.5 million versus...

6 months ago - Business Wire

4 Metal Fabrication Stocks Braving the Industry Challenges

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7 months ago - Zacks Investment Research

Mueller (MLI) Board Okays Dividend Hike, Debenture Redemption

Mueller Industries (MLI), in sync with shareholder-friendly policies, hikes the quarterly dividend rate by 30%. Also, it is set to fully redeem subordinated debentures.

7 months ago - Zacks Investment Research

Mueller Industries, Inc. Announces 30 Percent Increase in Quarterly Cash Dividend and Authorization to Redeem the 202...

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 ...

8 months ago - Business Wire

Look Beyond Profit, Bet on These 4 Stocks With Solid Cash Flows

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