Martin Marietta Materials Stock Today

MLM Stock  USD 585.26  2.56  0.44%   

Performance

4 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 9

 
High
 
Low
Low
Martin Marietta is selling at 585.26 as of the 21st of November 2024; that is 0.44 percent increase since the beginning of the trading day. The stock's lowest day price was 579.36. Martin Marietta has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Note, on November 11, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Martin Marietta Materials's common stock.
Business Domain
Materials
IPO Date
16th of February 1994
Category
Basic Materials
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. The company was founded in 19 and is headquartered in Raleigh, North Carolina. The company has 61.12 M outstanding shares of which 1.56 M shares are now shorted by investors with about 3.71 days to cover. More on Martin Marietta Materials

Moving together with Martin Stock

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Moving against Martin Stock

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Martin Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanC Nye
Old Names[REAL GOOD FOOD CO, Metallica Minerals Ltd]
Business ConcentrationConstruction Materials, Building Materials, Basic Materials, NYSE Composite, SP 500 Index, Non-Metallic and Industrial Metal Mining, Materials, Construction Materials, Building Materials, Basic Materials (View all Sectors)
Average Analyst Recommendation
Debt Levels
Martin Marietta can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Martin Marietta's financial leverage. It provides some insight into what part of Martin Marietta's total assets is financed by creditors.
Liquidity
Martin Marietta Materials has 4.92 B in debt with debt to equity (D/E) ratio of 0.78, which is OK given its current industry classification. Martin Marietta Materials has a current ratio of 1.97, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Martin to invest in growth at high rates of return.

Depreciation

532.66 Million
Martin Marietta Materials (MLM) is traded on New York Stock Exchange in USA. It is located in 4123 Parklake Avenue, Raleigh, NC, United States, 27612 and employs 9,400 people. Martin Marietta is listed under Construction Materials category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 35.77 B. Martin Marietta Materials runs under Construction Materials sector within Materials industry. The entity has 61.12 M outstanding shares of which 1.56 M shares are now shorted by investors with about 3.71 days to cover. Martin Marietta Materials has about 358 M in cash with 1.53 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.19.
Check Martin Marietta Probability Of Bankruptcy
Ownership Allocation
The majority of Martin Marietta outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Martin Marietta Materials to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Martin Marietta Materials. Please pay attention to any change in the institutional holdings of Martin Marietta as this could imply that something significant has changed or is about to change at the company. Please note that on November 11, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Martin Marietta Materials's common stock.
Check Martin Ownership Details

Martin Stock Institutional Holders

InstituionRecorded OnShares
Morgan Stanley - Brokerage Accounts2024-06-30
1.6 M
Geode Capital Management, Llc2024-06-30
1.5 M
T. Rowe Price Associates, Inc.2024-06-30
1.2 M
Amundi2024-06-30
1.1 M
Goldman Sachs Group Inc2024-06-30
869.2 K
Atlantic Trust Group, Llc2024-06-30
762 K
Gardner Russo & Gardner2024-09-30
750.1 K
King Luther Capital Management Corp2024-09-30
717.8 K
Amvescap Plc.2024-06-30
688.2 K
Vanguard Group Inc2024-09-30
7.1 M
Blackrock Inc2024-06-30
4.1 M
View Martin Marietta Diagnostics

Martin Marietta Historical Income Statement

At this time, Martin Marietta's EBIT is very stable compared to the past year. As of the 21st of November 2024, EBITDA is likely to grow to about 2.3 B, while Selling And Marketing Expenses is likely to drop about 30.6 K. View More Fundamentals

Martin Stock Against Markets

Martin Marietta Corporate Directors

Jacklyn RookerDirector RelationsProfile
Sue ColeIndependent DirectorProfile
John KoraleskiLead Independent DirectorProfile
Michael QuillenLead Independent DirectorProfile
When determining whether Martin Marietta Materials is a strong investment it is important to analyze Martin Marietta's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Martin Marietta's future performance. For an informed investment choice regarding Martin Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Martin Marietta Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Construction Materials space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Martin Marietta. If investors know Martin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Martin Marietta listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.12)
Dividend Share
3.01
Earnings Share
32.22
Revenue Per Share
105.734
Quarterly Revenue Growth
(0.05)
The market value of Martin Marietta Materials is measured differently than its book value, which is the value of Martin that is recorded on the company's balance sheet. Investors also form their own opinion of Martin Marietta's value that differs from its market value or its book value, called intrinsic value, which is Martin Marietta's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Martin Marietta's market value can be influenced by many factors that don't directly affect Martin Marietta's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Martin Marietta's value and its price as these two are different measures arrived at by different means. Investors typically determine if Martin Marietta is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Martin Marietta's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.