Martin Marietta Materials, Inc. (MLM)
Market Cap | 35.83B |
Revenue (ttm) | 6.51B |
Net Income (ttm) | 1.98B |
Shares Out | 61.12M |
EPS (ttm) | 32.12 |
PE Ratio | 18.27 |
Forward PE | 29.54 |
Dividend | $3.16 (0.54%) |
Ex-Dividend Date | Sep 3, 2024 |
Volume | 100,393 |
Open | 595.05 |
Previous Close | 593.22 |
Day's Range | 585.85 - 595.05 |
52-Week Range | 456.83 - 633.23 |
Beta | 0.88 |
Analysts | Strong Buy |
Price Target | 646.29 (+10.25%) |
Earnings Date | Oct 30, 2024 |
About MLM
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... [Read more]
Financial Performance
In 2023, Martin Marietta Materials's revenue was $6.78 billion, an increase of 10.01% compared to the previous year's $6.16 billion. Earnings were $1.17 billion, an increase of 34.85%.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for MLM stock is "Strong Buy." The 12-month stock price forecast is $646.29, which is an increase of 10.25% from the latest price.
News
Calls of the Day: Martin Marietta, Datadog, Bristol-Myers, Eli Lilly and Disney
The Investment Committee debate the latest Calls of the Day.
Martin Marietta CEO Ward Nye on impact of incoming administration on existing government investments
Ward Nye, Martin Marietta Chairman & CEO, joins 'Closing Bell Overtime' to talk government investing and what a new administration means for its business.
Martin Marietta Declares Quarterly Cash Dividend
RALEIGH, N.C., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE: MLM) (“Martin Marietta” or the “Company”) today announced that its Board of Directors has declared a regular qua...
Martin Marietta Announces Pricing Terms of Debt Offering
RALEIGH, N.C., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) (“Martin Marietta” or the “Company”) announced today the pricing of its offering of $750 million aggregate p...
Martin Marietta Materials: A Spike In Shares After Q3 Results Is A Great Time For A Downgrade
Martin Marietta Materials saw its shares rise nicely, even after reporting disappointing revenue and earnings for the third quarter of the company's 2024 fiscal year. Although MLM has had a great run,...
Martin Marietta Materials, Inc. (MLM) Q3 2024 Earnings Call Transcript
Martin Marietta Materials, Inc. (NYSE:MLM) Q3 2024 Earnings Call Transcript October 30, 2024 10:00 AM ET Company Participants Jacklyn Rooker - Director of IR Ward Nye - Chair and CEO Jim Nickolas - E...
Martin Marietta Reports Third-Quarter 2024 Results
Achieved Record Quarterly Aggregates Gross Profit Per Ton Despite Weather Impacts Delivered Record Third-Quarter Cash Flows from Operations and Magnesia Specialties Revenues and Gross Profit Acquired...
Martin Marietta Announces Third-Quarter 2024 Earnings Conference Call
RALEIGH, N.C., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) (“Martin Marietta” or the “Company”) will host its third-quarter 2024 earnings conference call on Wednesday,...
The wave of young people buying homes will be a tailwind for builders, says Jefferies' Philip Ng
Philip Ng, Jefferies senior building products analyst, joins 'Power Lunch' to discuss the outlook for home builders and the impact from inflation on them.
15 Upcoming Dividend Increases Including A King
This week, 15 companies, including Dividend King Stanley Black & Decker, are set to increase dividends, with SWK extending its 57-year streak by 1.2%. My strategy focuses on buying, holding, and addin...
Martin Marietta: Headwinds, High Valuation Ratios, And Lack Of Insider Buying Activity
Martin Marietta Materials reported challenging Q2 2024 results with lower-than-expected revenue and EPS due to inventory adjustments, weather disruptions, and high-interest rates. The acquisition of B...
Martin Marietta Materials, Inc. (MLM) Q2 2024 Earnings Call Transcript
Martin Marietta Materials, Inc. (NYSE:MLM) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Jacklyn Rooker - Director, Investor Relations Howard Nye - Chair & Chief Ex...
Martin Marietta Reports Second-Quarter 2024 Results
Record Second-Quarter Aggregates Gross Profit Per Ton With Pricing Gains Across All Product Lines Closing and Integration of Blue Water Acquisition Reinforces Aggregates-Led Business Model Revised Ful...
The Final Peak Week Of The Q2 Season Begins Amid Souring Economic Data
This marks the last peak week of the Q2 earnings season with 3,908 companies expected to report. Earnings have come in better-than-expected, but tend to be overshadowed by economic data. Outlier earni...
Martin Marietta Announces Second-Quarter 2024 Earnings Conference Call
RALEIGH, N.C., July 15, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) (“Martin Marietta” or the “Company”) will host its second-quarter 2024 earnings conference call on Thursday,...
Final Trade: GDX, MLM, SLV
The final trades of the day with the Fast Money traders.
Our Top 10 Dividend Growth Stocks - May 2024
This article focuses on selecting high-growth dividend stocks with rapidly growing dividends rather than high current yields. We use our proprietary models to rate quantitatively and qualitatively and...
ALBEMARLE AND MARTIN MARIETTA SIGN INNOVATIVE AGREEMENT FOR BENEFICIAL USE OF MATERIAL FROM KINGS MOUNTAIN MINE
Part of proceeds from agreement to support investment in local communities CHARLOTTE, N.C., May 8, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential eleme...
Martin Marietta Materials, Inc. (MLM) Q1 2024 Earnings Call Transcript
Martin Marietta Materials, Inc. (NYSE:MLM) Q1 2024 Earnings Conference Call April 30, 2024 10:00 AM ET Company Participants Jacklyn Rooker - Director, Investor Relations Howard Nye - Chair and Chief ...
Martin Marietta Reports First-Quarter 2024 Results
First-Quarter Aggregates Gross Profit Per Ton Increased 14 Percent to $6.53 Magnesia Specialties Achieved Record Quarterly Gross Profit Quarter Highlights Include Significant Portfolio Enhancements Fu...
Our Top 10 Dividend Growth Stocks - April 2024
This article focuses on selecting high-growth dividend stocks that have rapidly grown their dividends in the recent past, rather than simply sport a high current yield. We use our proprietary models t...
Blue Water Industries Completes Sale of Certain Aggregates Operations to Martin Marietta
JACKSONVILLE, Fla, April 08, 2024 (GLOBE NEWSWIRE) -- Blue Water Industries announced today it completed the sale of 20 active aggregates operations in Alabama, South Carolina, South Florida, Tennesse...
Martin Marietta Completes Acquisition of Aggregates Operations From Affiliates of Blue Water Industries LLC and Announces First-Quarter 2024 Earnings Conference Call
RALEIGH, N.C., April 08, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE: MLM) (Martin Marietta or the Company) today announced that, on April 5, 2024, it completed its previously annou...
This boring sector is becoming sexy again
Some of the hardest companies to get excited about are construction companies. There is no revolutionary technology like AI, no thrilling growth like in biotech.
Martin Marietta: An Impressive Investment Case, But Shares Appear Fully Valued
Martin Marietta Materials Inc. is currently slightly below its all-time high, despite recent share price declines. The company reported solid Q4 earnings results, with revenue growth and earnings-per-...