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Martin Marietta Materials Inc (MLM) Stock Forecast & Price Prediction

Live MLM Stock Price & Analysis

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$527.38

-4.28 (-0.81%)

12 Month Price Forecast For MLM

$527.38
Current Price
$32.49B
Market Cap
23 Ratings
Buy 17
Hold 5
Sell 1
Wall St Analyst Ratings

Distance to MLM Price Forecasts

+38.4%
To High Target of $730.00
+19.6%
To Median Target of $631.00
-28.1%
To Low Target of $379.26

MLM Price Momentum

-2.1%
1 Week Change
-0.7%
1 Month Change
-1.5%
1 Year Change
+2.1%
Year-to-Date Change
-16.7%
From 52W High of $633.23
+9.3%
From 52W Low of $482.72

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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: February 15, 2025 6:09 PM UTC

MLM Analyst Ratings & Price Targets

Based on our analysis of 26 Wall Street analysts, MLM has a bullish consensus with a median price target of $631.00 (ranging from $379.26 to $730.00). The overall analyst rating is Strong Buy (8.3/10). Currently trading at $527.38, the median forecast implies a 19.6% upside. This outlook is supported by 17 Buy, 5 Hold, and 1 Sell ratings.

The most optimistic forecast comes from Steven Fisher at UBS, projecting a 38.4% upside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

MLM Analyst Consensus

17
Buy
5
Hold
1
Sell

MLM Price Target Range

Low
$379.26
Average
$631.00
High
$730.00
Current: $527.38

Latest MLM Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for MLM.

Date Firm Analyst Rating Change Price Target
Feb 13, 2025 Truist Securities Keith Hughes Buy Maintains $610.00
Feb 13, 2025 Loop Capital Garik Shmois Buy Maintains $645.00
Feb 13, 2025 Raymond James Patrick Tyler Brown Outperform Maintains $600.00
Feb 13, 2025 Barclays Adam Seiden Overweight Maintains $600.00
Feb 13, 2025 Stephens & Co. Trey Grooms Overweight Maintains $650.00
Jan 16, 2025 Raymond James Patrick Tyler Brown Outperform Maintains $630.00
Jan 6, 2025 Citigroup Anthony Pettinari Buy Maintains $600.00
Dec 17, 2024 Morgan Stanley Angel Castillo Overweight Maintains $622.00
Nov 27, 2024 JP Morgan Adrian Heurta Overweight Upgrade $640.00
Nov 7, 2024 UBS Steven Fisher Buy Initiates $730.00
Oct 31, 2024 Loop Capital Garik Shmois Buy Maintains $680.00
Oct 29, 2024 Barclays Adam Seiden Overweight Maintains $645.00
Oct 9, 2024 JP Morgan Adrian Heurta Neutral Maintains $515.00
Oct 9, 2024 Jefferies Philip Ng Buy Maintains $635.00
Aug 26, 2024 Morgan Stanley Angel Castillo Overweight Maintains $657.00
Aug 13, 2024 Loop Capital Garik Shmois Buy Maintains $615.00
Aug 12, 2024 Citigroup Anthony Pettinari Buy Maintains $646.00
Aug 9, 2024 Truist Securities Keith Hughes Buy Maintains $670.00
Aug 9, 2024 Stephens & Co. Trey Grooms Overweight Maintains $610.00
Jul 17, 2024 Jefferies Philip Ng Buy Maintains $665.00

Stocks Similar to Martin Marietta Materials Inc

The following stocks are similar to Martin Marietta based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Martin Marietta Materials Inc (MLM) Financial Data

Martin Marietta Materials Inc has a market capitalization of $32.49B with a P/E ratio of 16.4x. The company generates $6.54B in trailing twelve-month revenue with a 30.5% profit margin.

Revenue growth is +1.5% quarter-over-quarter, while maintaining an operating margin of +24.8% and return on equity of +22.8%.

Valuation Metrics

Market Cap $32.49B
Enterprise Value $36.97B
P/E Ratio 16.4x
PEG Ratio 25.3x
Price/Sales 5.0x

Growth & Margins

Revenue Growth (YoY) +1.5%
Gross Margin +31.7%
Operating Margin +24.8%
Net Margin +30.5%
EPS Growth +4.1%

Financial Health

Cash/Price Ratio +2.1%
Current Ratio 2.5x
Debt/Equity 57.2x
ROE +22.8%
ROA +5.4%

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Martin Marietta Materials Inc logo

Martin Marietta Materials Inc (MLM) Company Overview

About Martin Marietta Materials Inc

What They Do

Supplies building materials for construction industry.

Business Model

The company generates revenue by providing a diverse range of building materials, including aggregates, ready mixed concrete, and specialty cement, primarily to the construction sector. It serves various markets, including infrastructure, nonresidential, and residential construction, while also catering to industries such as railroad and agriculture.

Additional Information

Founded in 1939 and based in Raleigh, North Carolina, the company also manufactures chemical products used in environmental applications and has a significant presence in the international market.

Company Information

Sector

Basic Materials

Industry

Building Materials

Employees

9,400

CEO

Mr. C. Howard Nye J.D.

Country

United States

IPO Year

1994

Martin Marietta Materials Inc (MLM) Latest News & Analysis

MLM stock latest news image
Quick Summary

Martin Marietta Materials, Inc. (MLM) announced disappointing fourth-quarter revenue and provided FY25 revenue guidance that is below market estimates.

Why It Matters

Martin Marietta's lower revenue and FY25 guidance may signal weakening demand, impacting stock performance and investor confidence in the company's growth prospects.

Source: Benzinga
Market Sentiment: Negative
MLM stock latest news image
Quick Summary

Martin Marietta Materials, Inc. will hold its Q4 2024 earnings conference call on February 12, 2025, at 10:00 AM ET, featuring key executives and analysts.

Why It Matters

The earnings conference call provides insights into Martin Marietta's financial performance and strategy, influencing stock valuation and investor sentiment. Key analysts' questions may reveal market expectations.

Source: Seeking Alpha
Market Sentiment: Neutral
MLM stock latest news image
Quick Summary

Martin Marietta Materials reported earnings growth and margin expansion in Q4 2024, achieving record full-year aggregates revenues, gross profit, and unit profitability.

Why It Matters

Strong earnings growth and margin expansion signal a robust financial performance, enhancing investor confidence. Successful acquisitions in key markets indicate strategic growth potential.

Source: GlobeNewsWire
Market Sentiment: Neutral
MLM stock latest news image
Quick Summary

Martin Marietta (MLM) reported Q3 earnings of $4.79 per share, surpassing the Zacks estimate of $4.60 and up from $4.63 per share year-over-year.

Why It Matters

Martin Marietta's earnings beat expectations, indicating strong financial performance and potential growth, which could boost investor confidence and affect stock valuation positively.

Source: Zacks Investment Research
Market Sentiment: Positive
MLM stock latest news image
Quick Summary

Martin Marietta's Q4 2024 revenue and EPS results should be evaluated against Wall Street estimates and prior year figures for a comprehensive performance assessment.

Why It Matters

Comparison of Martin Marietta's revenue and EPS with Wall Street estimates and prior year figures indicates growth potential or weaknesses, influencing stock valuation and investment decisions.

Source: Zacks Investment Research
Market Sentiment: Positive
MLM stock latest news image
Quick Summary

MLM reported higher aggregate shipments and strong pricing actions in its fourth-quarter results.

Why It Matters

Higher aggregates shipments and strong pricing indicate improved demand and profitability for MLM, potentially boosting earnings and stock performance, attracting investor interest.

Source: Zacks Investment Research
Market Sentiment: Negative

Frequently Asked Questions About MLM Stock

What is Martin Marietta Materials Inc's (MLM) stock forecast for 2025?

Based on our analysis of 26 Wall Street analysts, Martin Marietta Materials Inc (MLM) has a median price target of $631.00. The highest price target is $730.00 and the lowest is $379.26.

Is MLM stock a good investment in 2025?

According to current analyst ratings, MLM has 17 Buy ratings, 5 Hold ratings, and 1 Sell ratings. The stock is currently trading at $527.38. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for MLM stock?

Wall Street analysts predict MLM stock could reach $631.00 in the next 12 months. This represents a 19.6% increase from the current price of $527.38. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Martin Marietta Materials Inc's business model?

The company generates revenue by providing a diverse range of building materials, including aggregates, ready mixed concrete, and specialty cement, primarily to the construction sector. It serves various markets, including infrastructure, nonresidential, and residential construction, while also catering to industries such as railroad and agriculture.

What is the highest forecasted price for MLM Martin Marietta Materials Inc?

The highest price target for MLM is $730.00 from Steven Fisher at UBS, which represents a 38.4% increase from the current price of $527.38.

What is the lowest forecasted price for MLM Martin Marietta Materials Inc?

The lowest price target for MLM is $379.26 from at , which represents a -28.1% decrease from the current price of $527.38.

What is the overall MLM consensus from analysts for Martin Marietta Materials Inc?

The overall analyst consensus for MLM is bullish. Out of 26 Wall Street analysts, 17 rate it as Buy, 5 as Hold, and 1 as Sell, with a median price target of $631.00.

How accurate are MLM stock price projections?

Stock price projections, including those for Martin Marietta Materials Inc, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.