Martin Marietta Materials, Inc. (MLM)
NYSE: MLM · Real-Time Price · USD
567.02
+5.30 (0.94%)
May 27, 2025, 4:00 PM - Market closed
Martin Marietta Materials Stock Forecast
Stock Price Forecast
According to 12 professional analysts, the 12-month price target for Martin Marietta Materials stock ranges from a low of $560 to a high of $650. The average analyst price target of $609.67 forecasts a 7.52% increase in the stock price over the next year.
Price Target: $609.67 (+7.52%)
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Martin Marietta Materials stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 8 | 8 | 8 | 6 | 7 |
| Buy | 5 | 5 | 5 | 4 | 4 | 4 |
| Hold | 2 | 2 | 2 | 1 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 15 | 15 | 13 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold → Strong Buy Upgrades $548 → $634 | Hold → Strong Buy | Upgrades | $548 → $634 | +11.81% | May 16, 2025 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $561 → $576 | Buy | Maintains | $561 → $576 | +1.58% | May 6, 2025 |
| Stifel | Stifel | Strong Buy Maintains $559 → $609 | Strong Buy | Maintains | $559 → $609 | +7.40% | May 1, 2025 |
| Raymond James | Raymond James | Buy Maintains $600 → $597 | Buy | Maintains | $600 → $597 | +5.29% | Apr 29, 2025 |
| UBS | UBS | Strong Buy → Hold Downgrades $491 | Strong Buy → Hold | Downgrades | $491 | -13.41% | Apr 7, 2025 |
Financial Forecast
Revenue This Year
7.12B
from 6.54B
Increased by 8.98%
Revenue Next Year
7.66B
from 7.12B
Increased by 7.54%
EPS This Year
18.85
from 32.41
Decreased by -41.84%
EPS Next Year
22.03
from 18.85
Increased by 16.85%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 7.6B | 8.6B | 8.8B | ||
| Avg | 7.1B | 7.7B | 8.2B | ||
| Low | 6.7B | 7.2B | 7.7B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 15.5% | 20.4% | 15.2% | ||
| Avg | 9.0% | 7.5% | 6.4% | ||
| Low | 3.1% | 0.4% | -0.1% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 20.42 | 26.25 | 27.90 | ||
| Avg | 18.85 | 22.03 | 25.27 | ||
| Low | 17.36 | 19.93 | 23.06 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | -37.0% | 39.3% | 26.7% | ||
| Avg | -41.8% | 16.8% | 14.7% | ||
| Low | -46.4% | 5.7% | 4.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.