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Martin Marietta Materials (MLM)
NYSE:MLM
Holding MLM?
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MLM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$389.90 - $626.67
Previous Close$534.01
Volume395.52K
Average Volume (3M)503.79K
Market Cap
$32.64B
Enterprise Value$37.27B
Total Cash (Recent Filing)$109.00M
Total Debt (Recent Filing)$4.74B
Price to Earnings (P/E)16.2
Beta1.09
Next Earnings
Oct 29, 2024EPS Estimate
$7.14Last Dividend Ex-Date
Sep 03, 2024Dividend Yield0.55%
Share Statistics
EPS (TTM)32.99
Shares Outstanding61,117,053
10 Day Avg. Volume401,272
30 Day Avg. Volume503,791
Standard Deviation0.08
R-Squared0.34
Alpha0.00499
Financial Highlights & Ratios
Price to Book (P/B)3.69
Price to Sales (P/S)4.93
Price to Cash Flow (P/CF)8159.70
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.63
Enterprise Value/Gross Profit18.43
Enterprise Value/Ebitda13.08
Forecast
1Y Price Target
$620.38Price Target Upside13.06% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering11
Martin Marietta Materials News
PremiumPress Releases
Martin Marietta Declares Quarterly Cash Dividend
Bulls Say, Bears Say
Bulls Say
Market ExpansionMLM noted that 8 of its top 10 states increased budgets in FY25, indicating strong market support and potential for growth.
PricingMLM's pricing outlook is still intact with an expected increase of 11-13%, and there are building blocks for a positive 2025.
ProfitabilityAggregates gross profit increased by 9%, showing strong financial performance.
Bears Say
CostsHigher unit costs due to increased repair and maintenance expenses and greater absorption headwinds.
Financial PerformanceMLM reported a miss with EBITDA at $584 million versus the consensus of $591 million and lowered its FY24 guide due to softening private construction and weather-related disruptions.
ShipmentsQ2 shipments fell 11% organically, with 50% attributed to weather, 25% to private construction, and 25% to a value over volume strategy.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
MLM FAQ
What was Martin Marietta Materials’s price range in the past 12 months?
Martin Marietta Materials lowest stock price was $389.90 and its highest was $626.67 in the past 12 months.
What is Martin Marietta Materials’s market cap?
Currently, no data Available
When is Martin Marietta Materials’s upcoming earnings report date?
Martin Marietta Materials’s upcoming earnings report date is Oct 29, 2024 which is in 39 days.
How were Martin Marietta Materials’s earnings last quarter?
Martin Marietta Materials released its earnings results on Aug 08, 2024. The company reported $4.76 earnings per share for the quarter, missing the consensus estimate of $5.357 by -$0.597.
Is Martin Marietta Materials overvalued?
According to Wall Street analysts Martin Marietta Materials’s price is currently Undervalued.
Does Martin Marietta Materials pay dividends?
Martin Marietta Materials pays a Quarterly dividend of $0.79 which represents an annual dividend yield of 0.55%. See more information on Martin Marietta Materials dividends here
What is Martin Marietta Materials’s EPS estimate?
Martin Marietta Materials’s EPS estimate is $7.14.
How many shares outstanding does Martin Marietta Materials have?
Martin Marietta Materials has 61,117,054 shares outstanding.
What happened to Martin Marietta Materials’s price movement after its last earnings report?
Martin Marietta Materials reported an EPS of $4.76 in its last earnings report, missing expectations of $5.357. Following the earnings report the stock price went up 0.128%.
Which hedge fund is a major shareholder of Martin Marietta Materials?
Among the largest hedge funds holding Martin Marietta Materials’s share is Gardner Russo & Gardner LLC. It holds Martin Marietta Materials’s shares valued at 414M.
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Martin Marietta Materials Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$620.38 (13.06% Upside)
$620.38 (13.06% Upside)
Blogger Sentiment
Bullish
MLM Sentiment 85%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 137.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.2%
Last 30 Days ▼ 9.2%
Last 30 Days ▼ 9.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
25.46%
12-Months-Change
Fundamentals
Return on Equity
25.30%
Trailing 12-Months
Asset Growth
7.13%
Trailing 12-Months
Company Description
Martin Marietta Materials
Martin Marietta Materials, Inc. engages in the provision of aggregates including crushed stone, sand, and gravel through its network of quarries and distribution yards. It operates through the following geographical segments: Mid-America Group, Southeast Group, and West Group. The Mid-America Group and Southeast Group segments provide aggregates products only. The West Group offers aggregates, as well as cement and downstream products including mixed concrete, asphalt, and paving services. The company was founded in November 1993 and is headquartered in Raleigh, NC.
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MLM Company Deck
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MLM Earnings Call
Q2 2024
0:00 / 0:00
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MLM Revenue Breakdown
54.57% West Group
40.77% East Group
4.65% Magnesia Specialties
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MLM Stock 12 Month Forecast
Average Price Target
$620.38
▲(13.06% Upside)
Technical Analysis
Best Analysts Covering MLM
1 Year
1 Year Success Rate
20/23 ratings generated profit
1 Year Average Return
+23.13%
reiterated a buy rating 3 months ago
Copying Stanley Elliott's trades and holding each position for 1 Year would result in 86.96% of your transactions generating a profit, with an average return of +23.13% per trade.
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