Zacks Research Issues Negative Outlook for MLM Earnings

Martin Marietta Materials, Inc. (NYSE:MLMFree Report) – Analysts at Zacks Research dropped their Q4 2025 EPS estimates for Martin Marietta Materials in a report issued on Wednesday, March 5th. Zacks Research analyst R. Department now forecasts that the construction company will post earnings per share of $4.74 for the quarter, down from their prior estimate of $5.13. The consensus estimate for Martin Marietta Materials’ current full-year earnings is $19.53 per share.

Martin Marietta Materials (NYSE:MLMGet Free Report) last posted its quarterly earnings data on Wednesday, February 12th. The construction company reported $4.79 EPS for the quarter, topping the consensus estimate of $4.62 by $0.17. Martin Marietta Materials had a net margin of 30.54% and a return on equity of 12.11%.

Several other brokerages have also recently issued reports on MLM. StockNews.com cut shares of Martin Marietta Materials from a “hold” rating to a “sell” rating in a report on Thursday, February 20th. Truist Financial cut their price objective on shares of Martin Marietta Materials from $670.00 to $610.00 and set a “buy” rating for the company in a report on Thursday, February 13th. Stephens cut their price objective on shares of Martin Marietta Materials from $675.00 to $650.00 and set an “overweight” rating for the company in a report on Thursday, February 13th. HSBC raised shares of Martin Marietta Materials from a “hold” rating to a “buy” rating and set a $690.00 price objective for the company in a report on Wednesday, December 11th. Finally, Raymond James cut their price objective on shares of Martin Marietta Materials from $630.00 to $600.00 and set an “outperform” rating for the company in a report on Thursday, February 13th. One analyst has rated the stock with a sell rating, one has issued a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $634.36.

Check Out Our Latest Report on Martin Marietta Materials

Martin Marietta Materials Trading Down 0.3 %

Shares of Martin Marietta Materials stock opened at $476.02 on Friday. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.50 and a quick ratio of 1.40. The firm has a fifty day moving average price of $520.23 and a 200 day moving average price of $543.69. Martin Marietta Materials has a 1 year low of $451.09 and a 1 year high of $633.23. The stock has a market cap of $29.02 billion, a PE ratio of 14.72, a price-to-earnings-growth ratio of 4.45 and a beta of 0.89.

Institutional Investors Weigh In On Martin Marietta Materials

Institutional investors and hedge funds have recently made changes to their positions in the stock. Farther Finance Advisors LLC increased its stake in Martin Marietta Materials by 11.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 317 shares of the construction company’s stock worth $171,000 after buying an additional 33 shares during the period. National Pension Service increased its stake in Martin Marietta Materials by 0.7% during the 3rd quarter. National Pension Service now owns 74,515 shares of the construction company’s stock worth $40,108,000 after buying an additional 523 shares during the period. Asset Management One Co. Ltd. increased its stake in Martin Marietta Materials by 1.0% during the 3rd quarter. Asset Management One Co. Ltd. now owns 22,775 shares of the construction company’s stock worth $12,259,000 after buying an additional 222 shares during the period. QRG Capital Management Inc. increased its stake in Martin Marietta Materials by 8.2% during the 3rd quarter. QRG Capital Management Inc. now owns 1,734 shares of the construction company’s stock worth $933,000 after buying an additional 132 shares during the period. Finally, Amalgamated Bank increased its stake in Martin Marietta Materials by 1.1% during the 3rd quarter. Amalgamated Bank now owns 12,625 shares of the construction company’s stock worth $6,795,000 after buying an additional 139 shares during the period. 95.04% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Martin Marietta Materials

In related news, SVP Michael J. Petro purchased 550 shares of Martin Marietta Materials stock in a transaction dated Tuesday, March 4th. The shares were acquired at an average cost of $454.37 per share, with a total value of $249,903.50. Following the purchase, the senior vice president now owns 8,985 shares of the company’s stock, valued at approximately $4,082,514.45. The trade was a 6.52 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Donald A. Mccunniff sold 1,332 shares of the business’s stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $475.00, for a total transaction of $632,700.00. Following the completion of the sale, the executive vice president now directly owns 3,523 shares in the company, valued at $1,673,425. This trade represents a 27.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.68% of the stock is currently owned by company insiders.

Martin Marietta Materials Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 3rd will be issued a $0.79 dividend. The ex-dividend date is Monday, March 3rd. This represents a $3.16 annualized dividend and a yield of 0.66%. Martin Marietta Materials’s payout ratio is 9.77%.

About Martin Marietta Materials

(Get Free Report)

Martin Marietta Materials, Inc, a natural resource-based building materials company, supplies aggregates and heavy-side building materials to the construction industry in the United States and internationally. It offers crushed stone, sand, and gravel products; ready mixed concrete and asphalt; paving products and services; and Portland and specialty cement for use in the infrastructure projects, and nonresidential and residential construction markets, as well as in the railroad, agricultural, utility, and environmental industries.

Featured Stories

Earnings History and Estimates for Martin Marietta Materials (NYSE:MLM)

Receive News & Ratings for Martin Marietta Materials Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Martin Marietta Materials and related companies with MarketBeat.com's FREE daily email newsletter.