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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$479.67 - $633.23
Previous Close$525.77
Volume977.67K
Average Volume (3M)437.18K
Market Cap
$32.13B
Enterprise Value$36.39B
Total Cash (Recent Filing)$184.00M
Total Debt (Recent Filing)$4.43B
Price to Earnings (P/E)16.3
Beta1.17
Next Earnings
Feb 18, 2025EPS Estimate
$4.64Last Dividend Ex-Date
Dec 02, 2024Dividend Yield0.56%
Share Statistics
EPS (TTM)32.19
Shares Outstanding61,118,057
10 Day Avg. Volume428,034
30 Day Avg. Volume437,183
Standard Deviation0.08
R-Squared0.33
Alpha0.00636
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)3.50
Price to Sales (P/S)5.03
Price to Cash Flow (P/CF)13.60
P/FCF Ratio23.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.59
Enterprise Value/Gross Profit17.99
Enterprise Value/Ebitda13.06
Forecast
1Y Price Target
$669.25Price Target Upside25.40% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering12
Martin Marietta Materials News
Bulls Say, Bears Say
Bulls Say
Budget IncreasesMLM noted that 8 of its top 10 states increased budgets in FY25, with the remaining two states expected to be modestly down on a YoY basis.
Gross Profit GrowthDespite the ‘miss and cut’, pricing outlook is still intact (+11-13%), aggregates gross profit increased (+9%) and there remains building blocks for a positive 2025.
Pricing StrategyMLM's 2025 preliminary outlook indicates it expects Aggregates pricing growth to be better than feared, remaining above the historical range.
Bears Say
EarningsThe bulk of the earnings miss was driven by softer Corporate and modestly weaker Building Materials Business, partly offset by stronger Magnesia Specialties.
Financial PerformanceMLM lowered its FY24 Adjusted EBITDA guidance and Total Revenues guidance, which is below both Morgan Stanley estimates and consensus.
Market ConditionsMLM noted that the higher interest rate backdrop weighed on private demand more than previously anticipated yet.
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Ownership Overview
0.66% Insiders
30.16% Mutual Funds
32.83% Other Institutional Investors
13.32% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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MLM FAQ
What was Martin Marietta Materials’s price range in the past 12 months?
Martin Marietta Materials lowest stock price was $479.67 and its highest was $633.23 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 Feb 18, 2025 which is in 54 days.
How were Martin Marietta Materials’s earnings last quarter?
Martin Marietta Materials released its earnings results on Oct 30, 2024. The company reported $5.91 earnings per share for the quarter, missing the consensus estimate of $6.249 by -$0.339.
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 0.56%. See more information on Martin Marietta Materials dividends here
What is Martin Marietta Materials’s EPS estimate?
Martin Marietta Materials’s EPS estimate is $4.64.
How many shares outstanding does Martin Marietta Materials have?
Martin Marietta Materials has 61,118,057 shares outstanding.
What happened to Martin Marietta Materials’s price movement after its last earnings report?
Martin Marietta Materials reported an EPS of $5.91 in its last earnings report, missing expectations of $6.249. Following the earnings report the stock price went up 3.591%.
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 404M.
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Martin Marietta Materials Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$669.25 (25.40% Upside)
$669.25 (25.40% Upside)
Blogger Sentiment
Bullish
MLM Sentiment 75%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 336.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.3%
Last 30 Days ▼ 5.1%
Last 30 Days ▼ 5.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
7.25%
12-Months-Change
Fundamentals
Return on Equity
23.45%
Trailing 12-Months
Asset Growth
10.40%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
Despite significant weather-related challenges impacting financial results and leading to a revision of EBITDA guidance, Martin Marietta demonstrated strong operational resilience with record safety metrics, financial performance in specific segments, and strategic acquisitions positioning the company for future growth.Read More>---
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
$669.25
▲(25.40% Upside)
Technical Analysis
Best Analysts Covering MLM
1 Year
1 Year Success Rate
20/23 ratings generated profit
1 Year Average Return
+23.65%
reiterated a buy rating 6 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 +23.65% per trade.
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