Martin Marietta Materials, Inc. (MLM)
Market Cap | 36.89B |
Revenue (ttm) | 6.78B |
Net Income (ttm) | 1.17B |
Shares Out | 61.82M |
EPS (ttm) | 18.88 |
PE Ratio | 31.61 |
Forward PE | 27.98 |
Dividend | $2.96 (0.50%) |
Ex-Dividend Date | Mar 1, 2024 |
Volume | 416,157 |
Open | 597.32 |
Previous Close | 596.27 |
Day's Range | 596.44 - 603.81 |
52-Week Range | 321.80 - 617.08 |
Beta | 0.95 |
Analysts | Strong Buy |
Price Target | 559.50 (-6.24%) |
Earnings Date | May 2, 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, MLM'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 14 analysts, the average rating for MLM stock is "Strong Buy." The 12-month stock price forecast is $559.5, which is a decrease of -6.24% from the latest price.
News
Martin Marietta Declares Quarterly Cash Dividend
RALEIGH, N.C., Feb. 22, 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 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...
Martin Marietta Completes Acquisition of Albert Frei & Sons, Inc.
RALEIGH, N.C., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE: MLM) (“Martin Marietta” or the “Company”) today announced that it completed the acquisition of Albert Frei & Son...
BetterInvesting™ Magazine Update on Vertex Pharmaceuticals Inc. and Martin Marietta Materials Inc.
TROY, Mich. , Jan. 10, 2024 /PRNewswire/ -- The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine today announced Vertex Pharmaceuticals Inc. (NASDAQ: VRTX) as its "Stock ...
CRH to buy $2.1 billion for South Texas cement operations of Martin Marietta Materials
CRH CRH said it's paying $2.1 billion for South Texas cement operations from Martin Marietta Materials MLM. CRH, which separately reported earnings, said the combined portfolio of assets is expected t...
Martin Marietta to Divest South Texas Cement and Related Concrete Operations to CRH plc
RALEIGH, N.C., Nov. 21, 2023 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE: MLM) (“Martin Marietta” or the “Company”) today announced that it has entered into a definitive agreement to sel...
Martin Marietta Reports Third-Quarter 2023 Results
Achieved Record Quarterly Consolidated Revenues, Profitability and Margins Aggregates Gross Profit Per Ton Increased 42.4 Percent to $7.89 Robust Earnings Growth Reinforces Benefits of Value-Over-Volu...
Martin Marietta Announces Third-Quarter 2023 Earnings Conference Call
RALEIGH, N.C., Oct. 09, 2023 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) (“Martin Marietta” or the “Company”) will host its third-quarter 2023 earnings conference call on Wednesday,...
Martin Marietta to Sell Certain West Coast Cement Operations to UNACEM
RALEIGH, N.C., Aug. 24, 2023 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE: MLM) (“Martin Marietta” or the “Company”) today announced that it has entered into a definitive agreement to sel...
Stock screen spotlights 20 companies whose 2024 earnings estimates have risen most sharply
With another earnings season almost complete, it might be useful for investors to look further ahead. Each earnings season, we can see 70% to 80% of the S&P 500 “beating” consensus quarterly profit es...
Daily Dividend Report: Martin Marietta Materials, Tyson Foods, Weyerhaeuser, J & J Snack Foods, Spirit Realty Capital
Daily Dividend Report: Martin Marietta Materials, Tyson Foods, Weyerhaeuser, J & J Snack Foods, Spirit Realty Capital
Martin Marietta board hikes dividend by 12%
Martin Marietta Materials Inc. MLM, +1.35% said Thursday its board approved a 12% hike to its dividend. The building-materials supplier said the board raised the quarterly dividend to 74 cents a share...
Martin Marietta Increases Quarterly Cash Dividend
RALEIGH, N.C., Aug. 10, 2023 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE: MLM) (“Martin Marietta” or the “Company”) today announced that its Board of Directors approved a 12 percent incr...
Martin Marietta Reports Second-Quarter 2023 Results
Established Quarterly Records for Revenues, Profitability and Unit Margins Second-Quarter Aggregates Gross Profit Per Ton Increased 27.9 Percent to $6.80 Raised Full-Year 2023 Adjusted EBITDA Guidance...
Martin Marietta Announces Second-Quarter 2023 Earnings Conference Call
RALEIGH, N.C., July 10, 2023 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) (“Martin Marietta” or the “Company”) will host its second-quarter 2023 earnings conference call on Thursday,...
Martin Marietta Reports First-Quarter 2023 Results
Achieved First-Quarter Records for Revenues, Profitability and Unit Margins Aggregates Gross Profit Per Ton of $5.70 Forecasting $1.9 Billion of 2023 Adjusted EBITDA Consistent with the High End of Gu...
Martin Marietta Announces First-Quarter 2023 Earnings Conference Call
RALEIGH, N.C., April 11, 2023 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) (“Martin Marietta” or the “Company”) will host its first-quarter 2023 earnings conference call on Thursday,...
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Martin Marietta Reports Fourth-Quarter and Full-Year 2022 Results
Established Full-Year Records for Revenues, Profitability and Safety Performance