Martin Marietta Materials, Inc. (MLM)
NYSE: MLM · Real-Time Price · USD
499.05
-3.88 (-0.77%)
At close: Apr 15, 2025, 4:00 PM
473.96
-25.09 (-5.03%)
After-hours: Apr 15, 2025, 6:50 PM EDT
Martin Marietta Materials Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for Martin Marietta Materials stock have an average target of 608.38, with a low estimate of 491 and a high estimate of 737. The average target predicts an increase of 21.91% from the current stock price of 499.05.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Martin Marietta Materials stock from 13 stock analysts 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 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 8 | 8 | 8 | 8 | 7 |
| Buy | 5 | 5 | 5 | 5 | 4 | 4 |
| Hold | 2 | 2 | 2 | 2 | 1 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 15 | 15 | 15 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Strong Buy → Hold Downgrades $491 | Strong Buy → Hold | Downgrades | $491 | -1.61% | Apr 7, 2025 |
| Loop Capital | Loop Capital | Strong Buy Maintains $645 → $615 | Strong Buy | Maintains | $645 → $615 | +23.23% | Apr 1, 2025 |
| JP Morgan | JP Morgan | Buy → Hold Downgrades $640 → $560 | Buy → Hold | Downgrades | $640 → $560 | +12.21% | Mar 19, 2025 |
| Stifel | Stifel | Strong Buy Initiates $559 | Strong Buy | Initiates | $559 | +12.01% | Mar 4, 2025 |
| Loop Capital | Loop Capital | Strong Buy Maintains $680 → $645 | Strong Buy | Maintains | $680 → $645 | +29.25% | Feb 13, 2025 |
Financial Forecast
Revenue This Year
7.13B
from 6.54B
Increased by 9.13%
Revenue Next Year
7.67B
from 7.13B
Increased by 7.58%
EPS This Year
19.01
from 32.41
Decreased by -41.33%
EPS Next Year
22.18
from 19.01
Increased by 16.66%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 7.7B | 8.4B | 8.8B | ||
| Avg | 7.1B | 7.7B | 8.1B | ||
| Low | 6.8B | 7.1B | 7.3B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 17.6% | 18.4% | 15.1% | ||
| Avg | 9.1% | 7.6% | 6.1% | ||
| Low | 3.3% | 0.0% | -4.8% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 23.47 | 27.42 | 27.94 | ||
| Avg | 19.01 | 22.18 | 24.53 | ||
| Low | 17.38 | 18.57 | 19.06 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | -27.6% | 44.2% | 26.0% | ||
| Avg | -41.3% | 16.7% | 10.6% | ||
| Low | -46.4% | -2.3% | -14.1% |
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.