Martin Marietta Materials, Inc. (MLM)
Market Cap | 31.70B |
Revenue (ttm) | 6.62B |
Net Income (ttm) | 2.04B |
Shares Out | 61.12M |
EPS (ttm) | 32.90 |
PE Ratio | 15.74 |
Forward PE | 25.98 |
Dividend | $3.16 (0.61%) |
Ex-Dividend Date | Sep 3, 2024 |
Volume | 308,029 |
Open | 520.00 |
Previous Close | 524.11 |
Day's Range | 516.13 - 521.20 |
52-Week Range | 389.90 - 626.67 |
Beta | 0.91 |
Analysts | Strong Buy |
Price Target | 633.17 (+22.08%) |
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 13 analysts, the average rating for MLM stock is "Strong Buy." The 12-month stock price forecast is $633.17, which is an increase of 22.08% from the latest price.
News
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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 Declares Quarterly Cash Dividend
RALEIGH, N.C., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE: MLM) (“Martin Marietta” or the “Company”) today announced that its Board of Directors approved a seven percent i...
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...
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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,...
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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...
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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...
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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-...
Martin Marietta Materials, Inc. (MLM) Q4 2023 Earnings Call Transcript
Martin Marietta Materials, Inc. (MLM) Q4 2023 Earnings Call Transcript
Martin Marietta Reports Fourth-Quarter and Full-Year 2023 Results
Achieved Full-Year Records for Revenues, Profitability and Safety Performance Full-Year Aggregates Unit Profitability Improved 46.4 Percent Strong Balance Sheet Poised for Continued Strategic Plan Exe...
Martin Marietta strengthens construction material supplies with deal for Blue Water units
Building material supplier Martin Marietta said on Monday it would acquire 20 active aggregates operations of Blue Water Industries for $2.05 billion in cash.
Blue Water Industries to Sell Certain Aggregates Operations to Martin Marietta
JACKSONVILLE, Fla., Feb. 12, 2024 (GLOBE NEWSWIRE) -- Blue Water Industries LLC announced today it has entered into a definitive agreement with Martin Marietta Materials, Inc. (NYSE: MLM) under which ...
Martin Marietta Announces Acquisition of Aggregates Operations From Affiliates of Blue Water Industries LLC; Company Also Completes South Texas Cement and Concrete Divestiture
RALEIGH, N.C., Feb. 12, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE: MLM) (Martin Marietta or the Company) today announced that on February 11, 2024, it entered into a definitive ag...
Martin Marietta Announces Fourth-Quarter and Full-Year 2023 Earnings Conference Call
RALEIGH, N.C., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE: MLM) (“Martin Marietta” or the “Company”) will host its fourth-quarter and full-year 2023 earnings conference ca...
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