Martin Marietta/MLM

$591.37

-0.26%
-
1D1W1MYTD1YMAX

About Martin Marietta

Martin Marietta Materials, Inc. is a natural resource-based building materials company. The Company supplies aggregates (crushed stone, sand and gravel) through its network of approximately 360 quarries, mines and distribution yards in 28 states, Canada and The Bahamas. It also provides cement and downstream products, namely, ready mixed concrete, asphalt and paving services in targeted markets. The Company conducts its Building Materials business through two segments, such as the East Group and the West Group. The East Group provides aggregates and asphalt products. The West Group provides aggregates, cement, downstream products and paving services. The Company’s Magnesia Specialties business produces and sells dolomitic lime from its Woodville, Ohio facility and manufactures magnesia-based chemical products at its Manistee, Michigan facility. The Company also owns 20 active aggregates operations in Alabama, South Carolina, South Florida, Tennessee, and Virginia.

Ticker

MLM

Sector

Basic Materials

Trading on

NYSE

Industry

Construction - Raw Materials

CEO

C. Howard Nye

Employees

9,400

Headquarters

Raleigh, United States

Martin Marietta Metrics

BasicAdvanced
$37.05B
Market cap
31.82
P/E ratio
$18.83
EPS
0.95
Beta
$2.80
Dividend rate
0.49%
Dividend yield
$37.05B
0.94567
$626.67
$343.79
416.45K
$2.80
3.349
2.504
49.116
54.091
14.54%
44.744
9.72%
7.97%
15.78%
8.73%
31.823
5.466
4.612
9.388
52.615
0.65%
0.47%
0.49%
10.01%
41.08%
12.74%
18.73%
7.72%

What the Analysts think about Martin Marietta

Analyst Ratings

Majority rating from 24 analysts.
Buy

Price Targets

Average projection from 22 analysts.
4.61% upside
High $737.00
Low $500.00
$591.37
Current price
$618.64
Average price target

Martin Marietta Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
17.56% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$1.61B
-19.35%
Net income
$282.5M
-32.21%
Profit margin
17.56%
-15.94%

Martin Marietta Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 15.96%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$2.16
$5.60
$6.94
$4.63
-
Expected
$0.98
$4.86
$6.06
$3.99
$1.77
Surprise
121.06%
15.26%
14.54%
15.96%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Martin Marietta stock?

Martin Marietta (MLM) has a market cap of $37.05B as of April 18, 2024.

What is the P/E ratio for Martin Marietta stock?

The price to earnings (P/E) ratio for Martin Marietta (MLM) stock is 31.82 as of April 18, 2024.

Does Martin Marietta stock pay dividends?

Yes, the Martin Marietta (MLM) stock pays dividends to shareholders. As of April 18, 2024, the dividend rate is $2.8 and the yield is 0.49%. Martin Marietta has a payout ratio of 14.54% on a trailing twelve-month basis.

When is the next Martin Marietta dividend payment date?

The next Martin Marietta (MLM) dividend payment date is unconfirmed.

What is the beta indicator for Martin Marietta?

Martin Marietta (MLM) has a beta rating of 0.95. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Martin Marietta stock price target?

The target price for Martin Marietta (MLM) stock is $618.64, which is 4.61% above the current price of $591.37. This is an average based on projections from 22 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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