News headlines about Martin Marietta Materials (NYSE:MLM) have trended somewhat positive recently, Accern reports. Accern rates the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Martin Marietta Materials earned a news impact score of 0.20 on Accern’s scale. Accern also assigned press coverage about the construction company an impact score of 45.8004658059288 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Martin Marietta Materials (NYSE:MLM) traded down $4.57 on Tuesday, reaching $226.19. The company had a trading volume of 704,991 shares, compared to its average volume of 656,470. The company has a market cap of $14,220.00, a P/E ratio of 32.97, a PEG ratio of 1.95 and a beta of 1.12. Martin Marietta Materials has a twelve month low of $191.09 and a twelve month high of $244.32. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.73 and a quick ratio of 1.50.
Martin Marietta Materials (NYSE:MLM) last released its quarterly earnings results on Thursday, November 2nd. The construction company reported $2.39 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $2.45 by ($0.06). The firm had revenue of $1.02 million during the quarter, compared to the consensus estimate of $1.07 billion. Martin Marietta Materials had a net margin of 11.03% and a return on equity of 10.39%. The business’s revenue for the quarter was down 1.5% compared to the same quarter last year. During the same quarter last year, the firm earned $2.49 earnings per share. sell-side analysts predict that Martin Marietta Materials will post 6.82 EPS for the current year.
The company also recently declared a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Friday, December 1st were paid a $0.44 dividend. The ex-dividend date of this dividend was Thursday, November 30th. This represents a $1.76 annualized dividend and a yield of 0.78%. Martin Marietta Materials’s dividend payout ratio (DPR) is presently 25.66%.
A number of research firms recently weighed in on MLM. Barclays began coverage on Martin Marietta Materials in a report on Tuesday, December 12th. They set an “equal weight” rating and a $227.00 target price on the stock. DA Davidson reissued a “hold” rating and set a $225.00 target price on shares of Martin Marietta Materials in a report on Friday, November 3rd. SunTrust Banks reissued a “buy” rating and set a $228.00 target price on shares of Martin Marietta Materials in a report on Friday, October 27th. Jefferies Group reissued a “buy” rating and set a $240.00 target price on shares of Martin Marietta Materials in a report on Wednesday, October 11th. Finally, Stephens reissued a “hold” rating and set a $250.00 target price on shares of Martin Marietta Materials in a report on Wednesday, January 3rd. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $240.50.
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Martin Marietta Materials Company Profile
Martin Marietta Materials, Inc is a supplier of aggregates products (crushed stone, sand, and gravel) used for the construction of infrastructure, nonresidential, and residential projects. Aggregates products are also used for railroad ballast and in agricultural, utility and environmental applications.
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