Zacks Research Has Negative Estimate for MLM Q1 Earnings

Martin Marietta Materials, Inc. (NYSE:MLM) – Investment analysts at Zacks Research reduced their Q1 2025 earnings per share (EPS) estimates for Martin Marietta Materials in a research note issued on Wednesday, March 5th. Zacks Research analyst R. Department now anticipates that the construction company will post earnings of $1.56 per share for the quarter, down from their prior forecast of $2.06. The consensus estimate for Martin Marietta Materials’ current full-year earnings is $19.53 per share. Zacks Research also issued estimates for Martin Marietta Materials’ Q2 2025 earnings at $5.37 EPS, Q3 2025 earnings at $6.59 EPS, FY2025 earnings at $18.26 EPS, Q1 2026 earnings at $1.79 EPS, Q2 2026 earnings at $5.77 EPS, Q3 2026 earnings at $6.79 EPS, Q4 2026 earnings at $4.73 EPS, FY2026 earnings at $19.07 EPS and FY2027 earnings at $21.06 EPS.

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

Other research analysts have also recently issued reports about the company. JPMorgan Chase & Co. raised Martin Marietta Materials from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $515.00 to $640.00 in a research note on Wednesday, November 27th. StockNews.com cut Martin Marietta Materials from a “hold” rating to a “sell” rating in a research note on Thursday, February 20th. Stifel Nicolaus started coverage on Martin Marietta Materials in a research note on Tuesday, March 4th. They issued a “buy” rating and a $559.00 target price for the company. HSBC raised Martin Marietta Materials from a “hold” rating to a “buy” rating and set a $690.00 price objective for the company in a research report on Wednesday, December 11th. Finally, Citigroup reduced their price objective on Martin Marietta Materials from $701.00 to $600.00 and set a “buy” rating for the company in a research report on Monday, January 6th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $634.36.

Martin Marietta Materials Stock Up 1.5 %

NYSE:MLM opened at $467.37 on Monday. Martin Marietta Materials has a 1 year low of $448.50 and a 1 year high of $633.23. The company has a current ratio of 2.50, a quick ratio of 1.40 and a debt-to-equity ratio of 0.56. The stock has a market cap of $28.50 billion, a price-to-earnings ratio of 14.46, a PEG ratio of 4.45 and a beta of 0.89. The stock has a 50-day moving average price of $517.81 and a two-hundred day moving average price of $542.72.

Martin Marietta Materials Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 3rd will be paid a dividend of $0.79 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $3.16 dividend on an annualized basis and a dividend yield of 0.68%. Martin Marietta Materials’s dividend payout ratio (DPR) is currently 9.77%.

Insider Transactions at Martin Marietta Materials

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

Institutional Investors Weigh In On Martin Marietta Materials

A number of large investors have recently modified their holdings of the business. Vanguard Group Inc. boosted its holdings in shares of Martin Marietta Materials by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 7,174,183 shares of the construction company’s stock valued at $3,705,466,000 after purchasing an additional 36,531 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Martin Marietta Materials by 23.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,678,425 shares of the construction company’s stock valued at $1,441,663,000 after purchasing an additional 506,705 shares in the last quarter. FMR LLC boosted its holdings in shares of Martin Marietta Materials by 15.3% in the 3rd quarter. FMR LLC now owns 2,515,441 shares of the construction company’s stock valued at $1,353,936,000 after purchasing an additional 334,605 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in shares of Martin Marietta Materials by 11.7% in the 4th quarter. Principal Financial Group Inc. now owns 1,819,744 shares of the construction company’s stock valued at $939,898,000 after purchasing an additional 191,043 shares in the last quarter. Finally, Amundi boosted its holdings in shares of Martin Marietta Materials by 10.5% in the 4th quarter. Amundi now owns 1,562,146 shares of the construction company’s stock valued at $808,005,000 after purchasing an additional 148,065 shares in the last quarter. Institutional investors and hedge funds own 95.04% of the company’s stock.

Martin Marietta Materials Company Profile

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.