Martin Marietta Materials, Inc (NYSE: MLM) is -10.86% lower on its value in year-to-date trading and has touched a low of $451.08 and a high of $633.23 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MLM stock was last observed hovering at around $475.91 in the last trading session, with the day’s loss setting it -15.52%.
Currently trading at $460.39, the stock is -8.00% and -11.34% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.96 million and changing -3.26% at the moment leaves the stock -15.79% off its SMA200. MLM registered -23.64% loss for a year compared to 6-month gain of -9.95%.
The stock witnessed a -14.74% loss in the last 1 month and extending the period to 3 months gives it a -21.80%, and is -4.71% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.87% over the week and 3.11% over the month.
Martin Marietta Materials, Inc (MLM) has around 9400 employees, a market worth around $28.07B and $6.54B in sales. Current P/E ratio is 14.23 and Fwd P/E is 20.97. Profit margin for the company is 30.54%. Distance from 52-week low is 2.06% and -27.29% from its 52-week high. The company has generated returns on investments over the last 12 months (13.06%).
with sales reaching $1.36B over the same period.The EPS is expected to grow by 5.35% this year, but quarterly earnings will post 8.30% year-over-year. Quarterly sales are estimated to grow 8.44% in year-over-year returns.
Martin Marietta Materials, Inc (MLM) Top Institutional Holders
The shares outstanding are 61.13M, and float is at 60.51M with Short Float at 2.26%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 7.16 million shares valued at $3.88 billion. The investor’s holdings represent 11.5905% of the MLM Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 4.14 million shares valued at $2.24 billion to account for 6.7005 of the shares outstanding. The other top investors are T. ROWE PRICE INVESTMENT MANAGEMENT, INC. which holds 2.83 million shares representing 4.6005% and valued at over $1.53 billion, while STATE STREET CORP holds 4.4519 of the shares totaling 2.75 million with a market value of $1.49 billion.
Martin Marietta Materials, Inc (MLM) Insider Activity
The most recent transaction is an insider sale by McCunniff Donald A., the company’s EVP and CHRO. SEC filings show that McCunniff Donald A. sold 1,332 shares of the company’s common stock on Mar 05 ’25 at a price of $475.00 per share for a total of $0.63 million. Following the sale, the insider now owns 3523.0 shares.
Martin Marietta Materials, Inc disclosed in a document filed with the SEC on Mar 04 ’25 that Petro Michael J (SVP – Strategy and Development) bought a total of 550 shares of the company’s common stock. The trade occurred on Mar 04 ’25 and was made at $454.37 per share for $0.25 million. Following the transaction, the insider now directly holds 8985.0 shares of the MLM stock.
Still, SEC filings show that on Feb 26 ’25, McCunniff Donald A. (Officer) Proposed Sale 1,332 shares at an average price of $490.29 for $0.65 million. The insider now directly holds shares of Martin Marietta Materials, Inc (MLM).
