Martin Marietta Materials, Inc. (MLM)

NYSE: MLM · IEX Real-Time Price · USD
459.25
-4.98 (-1.07%)
Dec 5, 2023, 4:00 PM EST - Market closed
-1.07%
Market Cap 28.69B
Revenue (ttm) 6.65B
Net Income (ttm) 1.07B
Shares Out 61.81M
EPS (ttm) 17.27
PE Ratio 26.59
Forward PE 22.42
Dividend $2.96 (0.64%)
Ex-Dividend Date Nov 30, 2023
Volume 205,401
Open 460.98
Previous Close 464.23
Day's Range 456.83 - 463.42
52-Week Range 317.94 - 472.09
Beta 0.93
Analysts Buy
Price Target 465.13 (+1.28%)
Earnings Date Nov 1, 2023

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]

Sector Materials
IPO Date Feb 16, 1994
Employees 9,400
Stock Exchange NYSE
Ticker Symbol MLM
Full Company Profile

Financial Performance

In 2022, MLM's revenue was $6.16 billion, an increase of 13.79% compared to the previous year's $5.41 billion. Earnings were $866.80 million, an increase of 23.39%.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for MLM stock is "Buy." The 12-month stock price forecast is $465.13, which is an increase of 1.28% from the latest price.

Price Target
$465.13
(1.28% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

Other symbols: CRH
14 days ago - Market Watch

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...

14 days ago - GlobeNewsWire

Martin Marietta Declares Quarterly Cash Dividend

RALEIGH, N.C. , Nov. 09, 2023 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE: MLM) (“Martin Marietta” or the “Company”) today announced that its Board of Directors has declared a regular qu...

26 days ago - GlobeNewsWire

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...

4 weeks ago - GlobeNewsWire

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,...

2 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

Here are 16 stocks Jim Cramer is watching, including J&J split-off Kenvue, Petco, GM

Here are some of the tickers on my radar for Thursday, Aug. 24, taken directly from my reporter's notebook.

3 months ago - CNBC

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...

Other symbols: AMZNARECATDHIGEIRMKLAC
4 months ago - Market Watch

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

Other symbols: SRCTSNWYJJSF
4 months ago - Forbes

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...

4 months ago - Market Watch

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...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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,...

5 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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,...

8 months ago - GlobeNewsWire

The 9 Best Materials Stocks to Buy Now

The short-term outlook for materials stocks is low, but these nine names could be diamonds in the rough.

Other symbols: ASHAVNTAVYCTVALINMPOI
8 months ago - Kiplinger

Final Trades: Palto Alto, Martin Marietta & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols: PANWRIVN
10 months ago - CNBC Television

Martin Marietta Reports Fourth-Quarter and Full-Year 2022 Results

Established Full-Year Records for Revenues, Profitability and Safety Performance

10 months ago - GlobeNewsWire

Martin Marietta Announces Fourth-Quarter and Full-Year 2022 Earnings Conference Call

RALEIGH, N.C., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) (“Martin Marietta” or the “Company”) will host its fourth-quarter and full-year 2022 earnings conference cal...

11 months ago - GlobeNewsWire

Martin Marietta Reports Third-Quarter 2022 Results

Achieved Record Quarterly Revenues and Gross Profit Driven by Double-Digit Pricing Growth Across All Building Materials' Product Lines

1 year ago - GlobeNewsWire

Martin Marietta Announces Third-Quarter 2022 Earnings Conference Call

RALEIGH, N.C., Oct. 12, 2022 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) (“Martin Marietta” or the “Company”) will host its third-quarter 2022 earnings conference call on Wednesday,...

1 year ago - GlobeNewsWire

Two-Minute Drill: American Tower & Martin Marietta

Ayako Yoshioka, Wealth Enhancement Group senior portfolio manager, joins 'Closing Bell: Overtime' to discuss market volatility and her stock picks, American Tower and Martin Marietta.

Other symbols: AMT
1 year ago - CNBC Television

Raymond James hikes ratings on Vulcan Materials, Martin Marietta on potential boost from U.S. infra spending

Raymond James on Friday upgraded Vulcan Materials Co. VMC, -0.24% and Martin Marietta Inc. [s:mlm] to outperform from market perform as part of a reallocation of its research resources under analyst P...

Other symbols: VMC
1 year ago - Market Watch

Martin Marietta Reports Second-Quarter 2022 Results

Achieved Record Quarterly Revenues and Adjusted EBITDA  Driven by Robust Pricing, Acquisitions and Product Demand

1 year ago - GlobeNewsWire

Martin Marietta Announces Second-Quarter 2022 Earnings Conference Call

RALEIGH, N.C., July 14, 2022 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) (“Martin Marietta” or the “Company”) will host its second-quarter 2022 earnings conference call on Thursday,...

1 year ago - GlobeNewsWire