Research Analysts Set Expectations for MLM Q3 Earnings

Martin Marietta Materials, Inc. (NYSE:MLMFree Report) – Stock analysts at Zacks Research boosted their Q3 2025 EPS estimates for Martin Marietta Materials in a research report issued on Wednesday, March 26th. Zacks Research analyst R. Department now forecasts that the construction company will post earnings per share of $6.71 for the quarter, up from their previous forecast of $6.59. The consensus estimate for Martin Marietta Materials’ current full-year earnings is $19.53 per share.

Several other research firms have also recently weighed in on MLM. Citigroup lowered their target price on Martin Marietta Materials from $701.00 to $600.00 and set a “buy” rating on the stock in a research note on Monday, January 6th. Morgan Stanley lowered their price objective on shares of Martin Marietta Materials from $657.00 to $622.00 and set an “overweight” rating on the stock in a research report on Tuesday, December 17th. Seaport Res Ptn upgraded shares of Martin Marietta Materials to a “strong-buy” rating in a research report on Friday, March 21st. HSBC upgraded shares of Martin Marietta Materials from a “hold” rating to a “buy” rating and set a $690.00 price target on the stock in a report on Wednesday, December 11th. Finally, Barclays dropped their price target on shares of Martin Marietta Materials from $645.00 to $600.00 and set an “overweight” rating on the stock in a research note on Thursday, February 13th. One analyst has rated the stock with a sell rating, two have issued a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, Martin Marietta Materials presently has an average rating of “Moderate Buy” and a consensus target price of $628.64.

Read Our Latest Stock Report on MLM

Martin Marietta Materials Stock Up 0.1 %

Shares of NYSE:MLM opened at $478.39 on Monday. The firm has a 50 day simple moving average of $505.73 and a 200 day simple moving average of $538.52. Martin Marietta Materials has a 52 week low of $448.50 and a 52 week high of $633.23. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.40 and a current ratio of 2.50. The company has a market cap of $29.17 billion, a PE ratio of 14.80, a price-to-earnings-growth ratio of 4.45 and a beta of 0.89.

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

Institutional Trading of Martin Marietta Materials

Large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in Martin Marietta Materials by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 7,174,183 shares of the construction company’s stock worth $3,705,466,000 after acquiring an additional 36,531 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Martin Marietta Materials by 23.3% during the third quarter. JPMorgan Chase & Co. now owns 2,678,425 shares of the construction company’s stock worth $1,441,663,000 after purchasing an additional 506,705 shares during the last quarter. Principal Financial Group Inc. grew its holdings in shares of Martin Marietta Materials by 11.7% during the fourth quarter. Principal Financial Group Inc. now owns 1,819,744 shares of the construction company’s stock worth $939,898,000 after purchasing an additional 191,043 shares during the last quarter. Amundi raised its holdings in shares of Martin Marietta Materials by 10.5% in the fourth quarter. Amundi now owns 1,562,146 shares of the construction company’s stock valued at $808,005,000 after buying an additional 148,065 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position in Martin Marietta Materials by 2.2% during the 4th quarter. Geode Capital Management LLC now owns 1,472,411 shares of the construction company’s stock worth $758,499,000 after buying an additional 32,082 shares in the last quarter. 95.04% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, EVP Donald A. Mccunniff sold 1,332 shares of the business’s stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $475.00, for a total value of $632,700.00. Following the sale, the executive vice president now owns 3,523 shares of the company’s stock, valued at $1,673,425. The trade was a 27.44 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Michael J. Petro bought 550 shares of Martin Marietta Materials stock in a transaction dated Tuesday, March 4th. The stock was purchased at an average price of $454.37 per share, for a total transaction of $249,903.50. Following the purchase, the senior vice president now directly owns 8,985 shares in the company, valued at $4,082,514.45. This represents a 6.52 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 0.68% of the company’s stock.

Martin Marietta Materials Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 3rd were given a $0.79 dividend. The ex-dividend date was Monday, March 3rd. This represents a $3.16 annualized dividend and a yield of 0.66%. Martin Marietta Materials’s dividend payout ratio (DPR) is currently 9.77%.

Martin Marietta Materials Company Profile

(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.

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

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