Martin Marietta Materials (MLM)
Materials3 articles
Price chart
Why is MLM moving today?
+2.0%MLM is +2.0% today, inside the ordinary range for a session (under 3%). No stories about it reached the feed in the last 24 hours.
What this does not prove. A story on the same day is evidence of timing, not of cause: it explains a move only if it accounts for the size and the direction, and most single-stock moves carry a sector or index component too. Nothing here is a forecast.
Source: Yahoo Finance - quote as of 12 hours ago
Martin Marietta Materials (MLM) overview
Martin Marietta supplies construction aggregates and building materials.
MLM is a member of the S&P 500. It sits in the Materials sector. That sector covers chemical, metal, mining and packaging companies that supply raw inputs.
Martin Marietta Materials trades on the NYSE under the ticker symbol MLM. The most recent market data puts the share price at about $500.84. That is up 1.96% on the session. At that price the company is worth roughly $35.57B.
Over the past 52 weeks, MLM has traded between $464.92 and $710.97. Shares change hands at a trailing price-to-earnings (P/E) ratio of about 32.6. The P/E ratio sets the share price against a year of earnings. A higher number means the market is paying more for each dollar the company earns. MLM also pays a dividend. It yields around 0.67% at the current price.
Key statistics
Source: Yahoo Finance - quote as of 12 hours ago
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
Why investors watch MLM
MLM is one of the larger names in the Materials sector, so investors follow it closely. It tends to move with the rest of the sector. This page sums up each MLM story as it breaks, and tags it bullish, bearish or neutral.
What moves MLM
- Earnings. MLM reports results four times a year. A surprise against the estimate tends to move the stock that day.
- Analyst calls. Upgrades, downgrades and new price targets change what the market expects from MLM.
- Sector news. Materials stocks often move together, so a rival's news can move MLM too.
Market Mood
Latest MLM news
Martin Marietta Materials (MLM) Stock Hits 52-Week Low at $502.48
Martin Marietta Materials (MLM) stock reached a 52-week low of $502.48. This decline indicates significant volatility and may impact investor sentiment regarding the construction materials sector. Market conditions and company performance could influence future trading volumes and price recovery. Investors should monitor these developments closely, as this drop could present a buying opportunity or signal further declines.
Read More: Martin Marietta Materials (MLM) Stock Hits 52-Week Low at $502.48
Martin Marietta (MLM) Acquires Limestone Supplier for $13.5 Billion
Martin Marietta (MLM) has finalized a $13.5 billion acquisition of a limestone supplier, a move aimed at bolstering its resources and market position. This acquisition is expected to enhance Martin Marietta's operational capabilities and market reach in the construction materials sector. The deal signifies Martin Marietta's commitment to growth through strategic investments. This could impact the company's stock performance within the building materials industry as it aligns with ongoing infrastructure developments.
Read More: Martin Marietta (MLM) Acquires Limestone Supplier for $13.5 Billion
Martin Marietta (MLM) Initiated with Hold Rating, $556 Target Price
Berenberg has initiated coverage on Martin Marietta (MLM) with a Hold rating and set a target price of $556. This recommendation indicates a cautious outlook for the stock, suggesting it may not be a compelling buy at its current levels. Analysts often provide target prices to guide investors on expected price movements, making this initiation relevant for market participants. The stock's performance could fluctuate around this target as investors react to the new coverage.
Read More: Martin Marietta (MLM) Initiated with Hold Rating, $556 Target PriceMore Materials stocks
Frequently asked questions
Is Martin Marietta Materials in the S&P 500?
Yes. Martin Marietta Materials trades as MLM and is a member of the S&P 500. The index lists it in the Materials sector.
What sector is MLM in?
MLM sits in the Materials sector of the S&P 500.
Where can I find the latest MLM news?
Right here. This page collects recent MLM news and market analysis. Every story gets an AI summary and a bullish, bearish or neutral tag.
What is Martin Marietta Materials's stock price?
MLM last traded at about $500.84. Prices move all through the session, so this is the latest quote rather than a live one.
What is Martin Marietta Materials's market cap?
MLM is worth roughly $35.57B. Market cap is the share price times the number of shares outstanding.
What is MLM's P/E ratio?
MLM trades at a trailing P/E ratio of about 32.6. The ratio compares the share price with earnings per share over the past year.