Zacks Research Brokers Decrease Earnings Estimates for MLM

Martin Marietta Materials, Inc. (NYSE:MLM) – Stock analysts at Zacks Research lowered their Q1 2025 EPS estimates for shares of Martin Marietta Materials in a report issued on Wednesday, March 5th. Zacks Research analyst R. Department now forecasts that the construction company will post earnings per share of $1.56 for the quarter, down from their prior estimate 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.

Other analysts have also recently issued research reports about the stock. Raymond James dropped their price objective on shares of Martin Marietta Materials from $630.00 to $600.00 and set an “outperform” rating for the company in a research note on Thursday, February 13th. Hsbc Global Res raised shares of Martin Marietta Materials from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 11th. Stephens decreased their target price on shares of Martin Marietta Materials from $675.00 to $650.00 and set an “overweight” rating on the stock in a report on Thursday, February 13th. Loop Capital decreased their target price on shares of Martin Marietta Materials from $680.00 to $645.00 and set a “buy” rating on the stock in a report on Thursday, February 13th. Finally, Barclays decreased their target price on shares of Martin Marietta Materials from $645.00 to $600.00 and set an “overweight” rating on the stock in a report on Thursday, February 13th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $634.36.

Martin Marietta Materials Price Performance

Shares of Martin Marietta Materials stock opened at $464.59 on Monday. Martin Marietta Materials has a twelve month low of $448.50 and a twelve month high of $633.23. The company has a quick ratio of 1.40, a current ratio of 2.50 and a debt-to-equity ratio of 0.56. The company has a 50-day simple moving average of $516.77 and a two-hundred day simple moving average of $542.07. The stock has a market capitalization of $28.33 billion, a price-to-earnings ratio of 14.37, a price-to-earnings-growth ratio of 4.45 and a beta of 0.89.

Martin Marietta Materials (NYSE:MLM) last issued its quarterly earnings data on Wednesday, February 12th. The construction company reported $4.79 earnings per share for the quarter, topping the consensus estimate 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 Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Franklin Street Advisors Inc. NC lifted its position in shares of Martin Marietta Materials by 15.5% in the 4th quarter. Franklin Street Advisors Inc. NC now owns 25,242 shares of the construction company’s stock worth $13,037,000 after purchasing an additional 3,384 shares during the period. Sanctuary Advisors LLC lifted its position in shares of Martin Marietta Materials by 18.5% in the 3rd quarter. Sanctuary Advisors LLC now owns 8,220 shares of the construction company’s stock worth $4,914,000 after purchasing an additional 1,286 shares during the period. RMR Wealth Builders lifted its position in shares of Martin Marietta Materials by 431.3% in the 4th quarter. RMR Wealth Builders now owns 2,391 shares of the construction company’s stock worth $1,235,000 after purchasing an additional 1,941 shares during the period. Kovack Advisors Inc. acquired a new position in shares of Martin Marietta Materials during the 3rd quarter valued at $734,000. Finally, Benjamin Edwards Inc. lifted its position in shares of Martin Marietta Materials by 2,448.1% during the 3rd quarter. Benjamin Edwards Inc. now owns 1,376 shares of the construction company’s stock valued at $741,000 after acquiring an additional 1,322 shares during the period. Institutional investors and hedge funds own 95.04% of the company’s stock.

Insiders Place Their Bets

In other news, SVP Michael J. Petro purchased 550 shares of the company’s stock in a transaction dated Tuesday, March 4th. The shares were purchased at an average price of $454.37 per share, for a total transaction of $249,903.50. Following the transaction, the senior vice president now owns 8,985 shares of the company’s stock, valued at approximately $4,082,514.45. This trade represents a 6.52 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Donald A. Mccunniff sold 1,332 shares of the business’s 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 completion of the transaction, the executive vice president now owns 3,523 shares in the company, valued at $1,673,425. This trade represents a 27.44 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.68% of the company’s stock.

Martin Marietta Materials Announces Dividend

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

About Martin Marietta 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. 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.