Martin Marietta Materials Stock (NYSE: MLM)

Martin Marietta Materials (NYSE:MLM) Stock

Martin Marietta Materials

Martin Marietta Materials is one of the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). In 2024, Martin Marietta sold 191 million tons of aggregates. Martin Marietta's most important markets include Texas, Colorado, North Carolina, Georgia, and Florida, accounting for most of its sales. The company also produces cement in Texas and uses its aggregates in its asphalt and ready-mixed concrete businesses. Martin's magnesia specialties business produces magnesia-based chemical products and dolomitic lime.

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Martin Marietta Materials Analysts Slash Their Forecasts After Q4 Results

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Martin Marietta Materials Inc (NYSE: MLM) reported 1% Y/Y revenue increase to $1.632 billion in Q4, missing consensus. Adjusted EBITDA up 8% Y/Y to $545 million. 2025 guidance: $6.830 billion-$7.230 billion in revenues and $2.150 billion-$2.350 billion in adjusted EBITDA.

Martin Marietta Increases Revenue, Expands Margins: CEO Expects &#39;Data Center Demand To Offset Ongoing Softness&#39;


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Martin Marietta Materials, Inc. Common Stock

Martin Marietta Materials Inc

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Loop Capital analyst Garik Shmois maintains Martin Marietta Materials (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLM#NYSE">MLM</a>) with a Buy and lowers the price target from $680 to $645.

Loop Capital Maintains Buy on Martin Marietta Materials, Lowers Price Target to $645

8 analysts have expressed a variety of opinions on Martin Marietta Materials (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLM#NYSE">MLM</a>) over the past quarter, offering a diverse set of opinions from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">2</td>
<td align="right">6</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $619.0, with a high estimate of $650.00 and a low estimate of $600.00. Experiencing a 3.53% decline, the current average is now lower than the previous average price target of $641.62. 
<img src="https://www.benzinga.com/files/images/story/2025/1739476820_0.png" alt="price target chart" />
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
The standing of Martin Marietta Materials among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Patrick Tyler Brown</td>
<td>Raymond James</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$600.00</td>
<td>$630.00</td>
</tr>
<tr>
<td>Trey Grooms</td>
<td>Stephens &amp; Co.</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$650.00</td>
<td>$675.00</td>
</tr>
<tr>
<td>Keith Hughes</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$610.00</td>
<td>$670.00</td>
</tr>
<tr>
<td>Adam Seiden</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$600.00</td>
<td>$645.00</td>
</tr>
<tr>
<td>Patrick Tyler Brown</td>
<td>Raymond James</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$630.00</td>
<td>$640.00</td>
</tr>
<tr>
<td>Anthony Pettinari</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Buy</td>
<td>$600.00</td>
<td>$701.00</td>
</tr>
<tr>
<td>Angel Castillo</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$622.00</td>
<td>$657.00</td>
</tr>
<tr>
<td>Adrian Heurta</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$640.00</td>
<td>$515.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Martin Marietta Materials. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Martin Marietta Materials compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Martin Marietta Materials's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
Capture valuable insights into Martin Marietta Materials's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/MLM/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Martin Marietta Materials analyst ratings.</a>
<h2>Unveiling the Story Behind Martin Marietta Materials</h2>
Martin Marietta Materials is one of the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). In 2023, Martin Marietta sold 199 million tons of aggregates. Martin Marietta's most important markets include Texas, Colorado, North Carolina, Georgia, and Florida, accounting for most of its sales. The company also produces cement in Texas and uses its aggregates in its asphalt and ready-mixed concrete businesses. Martin's magnesia specialties business produces magnesia-based chemical products and dolomitic lime.
<h3>Martin Marietta Materials's Economic Impact: An Analysis</h3>
Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.
Revenue Challenges: Martin Marietta Materials's revenue growth over 3 months faced difficulties. As of 30 September, 2024, the company experienced a decline of approximately -5.27%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Materials sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 19.22%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Martin Marietta Materials's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 4.03%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Martin Marietta Materials's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 2.21%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: Martin Marietta Materials's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.48.
<h2>The Significance of Analyst Ratings Explained</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
Which Stocks Are Analysts Recommending Now?
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

8 Analysts Assess Martin Marietta Materials: What You Need To Know

Raymond James analyst Patrick Tyler Brown maintains Martin Marietta Materials (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLM#NYSE">MLM</a>) with a Outperform and lowers the price target from $630 to $600.

Raymond James Maintains Outperform on Martin Marietta Materials, Lowers Price Target to $600

Stephens &amp; Co. analyst Trey Grooms maintains Martin Marietta Materials (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLM#NYSE">MLM</a>) with a Overweight and lowers the price target from $675 to $650.

Stephens & Co. Maintains Overweight on Martin Marietta Materials, Lowers Price Target to $650

In the current market session, Martin Marietta Materials Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLM#NYSE">MLM</a>) price is at $524.11, after a 1.35% spike. However, over the past month, the stock fell by 1.34%, and in the past year, by 2.92%. Shareholders might be interested in knowing whether the stock is undervalued, even if the company is performing up to par in the current session. 

<img src="https://www.benzinga.com/files/images/story/2025/1739457994_0.png" alt="Past Year Chart" />

<h3>Martin Marietta Materials P/E Compared to Competitors</h3>
The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that the company is undervalued. 
Compared to the aggregate P/E ratio of the 21.6 in the Construction Materials industry, Martin Marietta Materials Inc. has a lower P/E ratio of 15.96. Shareholders might be inclined to think that the stock might perform worse than it's industry peers. It's also possible that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2025/1739457994_1.png" alt="Guage" />

In summary, while the price-to-earnings ratio is a valuable tool for investors to evaluate a company's market performance, it should be used with caution. A low P/E ratio can be an indication of undervaluation, but it can also suggest weak growth prospects or financial instability. Moreover, the P/E ratio is just one of many metrics that investors should consider when making investment decisions, and it should be evaluated alongside other financial ratios, industry trends, and qualitative factors. By taking a comprehensive approach to analyzing a company's financial health, investors can make well-informed decisions that are more likely to lead to successful outcomes.

Intraday Update

A Look Into Martin Marietta Materials Inc's Price Over Earnings

Martin Marietta Materials, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLM#NYSE">MLM</a>) reported downbeat fourth-quarter revenue and issued FY25 revenue guidance below <a href="https://www.benzinga.com/quote/mlm/earnings">estimates on Wednesday.</a>
Martin Marietta Materials reported quarterly earnings of $4.79 per share which beat the analyst consensus estimate of $4.59 per share. The company reported quarterly sales of $1.63 billion which missed the analyst consensus estimate of $1.65 billion.
"In 2024, we faced several challenging dynamics beyond our control, including inclement weather, softening construction demand in both nonresidential and residential sectors, and tighter-than-expected monetary policy," Martin Marietta CEO Ward Nye said.
For 2025, Martin Marietta Materials said it sees revenues of $6.830 billion-$7.230 billion vs. (consensus of $7.23 billion). It expects adjusted EBITDA of $2.150 billion-$2.350 billion.
Martin Marietta Materials shares fell 2.2% to close at $517.14 on Wednesday.
These analysts made changes to their price targets on Martin Marietta Materials following earnings announcement.
<ul>
<li>Barclays analyst Adam Seiden maintained Martin Marietta Materials with an Overweight and lowered the price target from $645 to $600.</li>
<li>Truist Securities analyst Keith Hughes maintained the stock with a Buy and slashed the price target from $670 to $610. </li>
</ul>
Considering buying MLM stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="608" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/13091600/image-123-1024x608.png" alt="" class="wp-image-781170" style="width:601px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/13091600/image-123-1024x608.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/13091600/image-123-300x178.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/13091600/image-123-768x456.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/13091600/image-123.png 1105w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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Truist Securities analyst Keith Hughes maintains Martin Marietta Materials (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLM#NYSE">MLM</a>) with a Buy and lowers the price target from $670 to $610.

Truist Securities Maintains Buy on Martin Marietta Materials, Lowers Price Target to $610

Barclays analyst Adam Seiden maintains Martin Marietta Materials (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLM#NYSE">MLM</a>) with a Overweight and lowers the price target from $645 to $600.

Barclays Maintains Overweight on Martin Marietta Materials, Lowers Price Target to $600

WIIM

Martin Marietta Materials shares are trading lower after the company reported a Q4 revenue miss and issued FY25 revenue guidance below estimates.

Martin Marietta Materials Inc&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLM#NYSE">MLM</a>) shares are trading lower after the company reported a&nbsp;fourth-quarter&nbsp;revenue increase of&nbsp;1%&nbsp;year over year (Y/Y) to&nbsp;$1.632 billion,&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/25/02/g43652460/martin-marietta-reports-fourth-quarter-and-full-year-2024-results" rel="noreferrer noopener">missing the&nbsp;consensus of&nbsp;$1.65 billion</a>.
<ul>
<li>Gross profit was&nbsp;$489 million&nbsp;(+1% Y/Y), and the margin remained flat Y/Y at 30%.</li>
<li>Building Materials business revenue was&nbsp;$1.6&nbsp;billion, with a gross profit of $472 million in the quarter.</li>
<li>Aggregate shipments increased by 2.7% Y/Y to 47.9 million tons, while the average selling price rose by 8.6% Y/Y (or 7.6% Y/Y on an organic mix-adjusted basis) to $21.95 per ton.</li>
<li>Adjusted EBITDA upped 8% Y/Y&nbsp;to&nbsp;$545 million&nbsp;in the quarter. EPS&nbsp;rose&nbsp;3%&nbsp;Y/Y to&nbsp;$4.79,&nbsp;<a href="https://www.benzinga.com/earnings" target="_blank" rel="noreferrer noopener">beating the consensus of&nbsp;$4.59</a>.</li>
<li>Operating cash flow for the year stood at $1.5 billion.</li>
<li>$670 million of cash and cash equivalents on hand</li>
<li>$1.2 billion of unused borrowing capacity on its existing credit facilities as of Dec. 31, 2024.</li>
<li>$639 million returned to shareholders through dividend payments and share repurchases during the year. </li>
<li>As of Dec. 31, there were 11.9 million shares remaining under the current repurchase authorization.</li>
</ul>
&#8220;In 2024, we faced several challenging dynamics beyond our control, including inclement weather, softening construction demand in both nonresidential and residential sectors, and tighter-than-expected monetary policy,&#8221; Martin Marietta CEO Ward Nye said.
Despite these headwinds, Martin Marietta concluded the year with a return to earnings growth and margin expansion, resulting in record fourth-quarter profits, Nye added. 
Strong infrastructure and data center demand &#8220;should more than offset ongoing softness in residential construction demand,&#8221; Nye said. 
2025 Guidance: Martin Marietta Materials sees revenues of $6.830 billion-$7.230 billion vs. (consensus of $7.23 billion). It expects adjusted EBITDA <a href="https://www.benzinga.com/calendars/guidance" target="_blank" rel="noreferrer noopener">of $2.150 billion-$2.350 billion</a>.
The company now expects average selling price growth of&nbsp;5.5%&nbsp;–&nbsp;7.5%&nbsp;for Aggregates.&nbsp;
Investors can gain exposure to the stock via two exchange-traded funds:
<ul>
<li>TCW Transform Supply Chain ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SUPP#NYSE">SUPP</a>)</li>
<li>Invesco Building &amp; Construction ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PKB#NYSE">PKB</a>)</li>
</ul>
Price Action:&nbsp;MLM shares are down 2.08% at $518.00 premarket at the last check Wednesday.
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Image: Shutterstock

Martin Marietta Increases Revenue, Expands Margins: CEO Expects 'Data Center Demand To Offset Ongoing Softness'

Martin Marietta Expects FY25 Total Revenues Of $6.83B - $7.23B, Est $7.231B

Martin Marietta Materials (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLM#NYSE">MLM</a>) reported quarterly earnings of $4.79 per share which beat the analyst consensus estimate of $4.59 by 4.36 percent. This is a 3.46 percent increase over earnings of $4.63 per share from the same period last year. The company reported quarterly sales of $1.63 billion which missed the analyst consensus estimate of $1.65 billion by 1.04 percent. This is a 1.49 percent increase over sales of $1.61 billion the same period last year.

Earnings Beats

Earnings Misses

Martin Marietta Materials Q4 2024 GAAP EPS $4.79 Beats $4.59 Estimate, Sales $1.63B Miss $1.65B Estimate

ACRE

AEIS

AEMD

ALCO

ALKS

AMWL

ASND

ASPN

ATRC

AVXL

AYTU

BIIB

BROS

BXMT

CAMT

CGNX

CHEF

CNCK

CNDT

COOP

CRBG

CRSR

CRWS

CSCO

CTRE

CWST

DENN

EPRT

EQIX

FCPT

FSLY

GAIN

GILT

GLPG

GNRC

GOLD

GROW

HCSG

HOOD

HUBS

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KRNT

MKSI

MLYS

MMLP

NMTC

OPRT

OTLY

PAYC

PEGA

PLMR

PODC

PXLW

PYPD

QDEL

QMCO

QTWO

Earnings Scheduled For February 12, 2025

Martin Marietta Materials (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLM#NYSE">MLM</a>) has outperformed the market over the past 10 years by 3.41% on an annualized basis producing an average annual return of 14.66%. Currently, Martin Marietta Materials has a market capitalization of $32.92 billion. 
Buying $100 In MLM: If an investor had bought $100 of MLM stock 10 years ago, it would be worth $452.15 today based on a price of $538.70 for MLM at the time of writing.
<h3>Martin Marietta Materials's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1738683914_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

If You Invested $100 In This Stock 10 Years Ago, You Would Have This Much Today

Martin Marietta Materials (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLM#NYSE">MLM</a>) has outperformed the market over the past 15 years by 1.47% on an annualized basis producing an average annual return of 13.62%. Currently, Martin Marietta Materials has a market capitalization of $33.54 billion. 
Buying $100 In MLM: If an investor had bought $100 of MLM stock 15 years ago, it would be worth $694.57 today based on a price of $548.77 for MLM at the time of writing.
<h3>Martin Marietta Materials's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1737736208_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much $100 Invested In Martin Marietta Materials 15 Years Ago Would Be Worth Today

Across the recent three months, 7 analysts have shared their insights on Martin Marietta Materials (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLM#NYSE">MLM</a>), expressing a variety of opinions spanning from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">3</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $649.57, with a high estimate of $730.00 and a low estimate of $600.00. Witnessing a positive shift, the current average has risen by 5.11% from the previous average price target of $618.00.
<img src="https://www.benzinga.com/files/images/story/2025/1737050461_0.png" alt="price target chart" />
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
A comprehensive examination of how financial experts perceive Martin Marietta Materials is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Patrick Tyler Brown</td>
<td>Raymond James</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$630.00</td>
<td>$640.00</td>
</tr>
<tr>
<td>Anthony Pettinari</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Buy</td>
<td>$600.00</td>
<td>$701.00</td>
</tr>
<tr>
<td>Angel Castillo</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$622.00</td>
<td>$657.00</td>
</tr>
<tr>
<td>Adrian Heurta</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$640.00</td>
<td>$515.00</td>
</tr>
<tr>
<td>Steven Fisher</td>
<td>UBS</td>
<td>Announces</td>
<td>Buy</td>
<td>$730.00</td>
<td>-</td>
</tr>
<tr>
<td>Garik Shmois</td>
<td>Loop Capital</td>
<td>Raises</td>
<td>Buy</td>
<td>$680.00</td>
<td>$600.00</td>
</tr>
<tr>
<td>Adam Seiden</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$645.00</td>
<td>$595.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Martin Marietta Materials. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Martin Marietta Materials compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Martin Marietta Materials's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/MLM/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Martin Marietta Materials analyst ratings.</a>
<h2>Unveiling the Story Behind Martin Marietta Materials</h2>
Martin Marietta Materials is one of the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). In 2023, Martin Marietta sold 199 million tons of aggregates. Martin Marietta's most important markets include Texas, Colorado, North Carolina, Georgia, and Florida, accounting for most of its sales. The company also produces cement in Texas and uses its aggregates in its asphalt and ready-mixed concrete businesses. Martin's magnesia specialties business produces magnesia-based chemical products and dolomitic lime.
<h3>Understanding the Numbers: Martin Marietta Materials's Finances</h3>
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Negative Revenue Trend: Examining Martin Marietta Materials's financials over 3 months reveals challenges. As of 30 September, 2024, the company experienced a decline of approximately -5.27% in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Materials sector.
Net Margin: Martin Marietta Materials's net margin is impressive, surpassing industry averages. With a net margin of 19.22%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Martin Marietta Materials's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 4.03%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Martin Marietta Materials's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 2.21%, the company may face hurdles in achieving optimal financial returns.
Debt Management: Martin Marietta Materials's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.48.
<h2>Analyst Ratings: What Are They?</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Martin Marietta Materials Stock: A Deep Dive Into Analyst Perspectives (7 Ratings)

Raymond James analyst Patrick Tyler Brown maintains Martin Marietta Materials (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLM#NYSE">MLM</a>) with a Outperform and lowers the price target from $640 to $630.

Raymond James Maintains Outperform on Martin Marietta Materials, Lowers Price Target to $630

Martin Marietta Materials's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLM#NYSE">MLM</a>) short percent of float has fallen 8.97% since its last report. The company recently reported that it has 1.42 million shares sold short, which is 2.64% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.67 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Martin Marietta Materials Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1736532921_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Martin Marietta Materials has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Martin Marietta Materials's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Martin Marietta Materials's peer group average for short interest as a percentage of float is 4.01%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

How Is The Market Feeling About Martin Marietta Materials?

Martin Marietta Materials (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLM#NYSE">MLM</a>) has outperformed the market over the past 10 years by 5.36% on an annualized basis producing an average annual return of 16.77%. Currently, Martin Marietta Materials has a market capitalization of $31.60 billion. 
Buying $100 In MLM: If an investor had bought $100 of MLM stock 10 years ago, it would be worth $465.74 today based on a price of $516.99 for MLM at the time of writing.
<h3>Martin Marietta Materials's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1736262910_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much $100 Invested In Martin Marietta Materials 10 Years Ago Would Be Worth Today

Citigroup analyst Anthony Pettinari maintains Martin Marietta Materials (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLM#NYSE">MLM</a>) with a Buy and lowers the price target from $701 to $600.

Citigroup Maintains Buy on Martin Marietta Materials, Lowers Price Target to $600

Press Releases

Martin Marietta Announces Second-Quarter 2024 Earnings Conference Call

Martin Marietta Reports Second-Quarter 2024 Results

Dividends

Martin Marietta Declares Quarterly Cash Dividend

Martin Marietta Announces  Third-Quarter 2024 Earnings Conference Call

Martin Marietta Reports Third-Quarter 2024 Results

Financing

Martin Marietta Announces Pricing Terms of Debt Offering

Martin Marietta Announces Fourth-Quarter and Full-Year 2024 Earnings Conference Call

Martin Marietta Reports Fourth-Quarter and Full-Year 2024 Results

Cementos Pacasmayo S.A.A. American Depositary Shares (Each representing five Common Shares)

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