Equities analysis analysts count on Martin Marietta Supplies, Inc. (NYSE:MLM) to report $0.51 earnings per share for the present quarter, in line with Zacks Funding Analysis. Three analysts have made estimates for Martin Marietta Supplies’ earnings. The very best EPS estimate is $0.81 and the bottom is $0.36. Martin Marietta Supplies reported earnings per share of $0.41 throughout the identical quarter final 12 months, which suggests a optimistic 12 months over 12 months development price of 24.4%. The corporate is predicted to announce its subsequent quarterly earnings outcomes earlier than the market opens on Tuesday, Could 4th.
On common, analysts count on that Martin Marietta Supplies will report full 12 months earnings of $11.38 per share for the present monetary 12 months, with EPS estimates starting from $10.66 to $11.95. For the subsequent monetary 12 months, analysts forecast that the enterprise will report earnings of $12.84 per share, with EPS estimates starting from $12.50 to $13.23. Zacks’ earnings per share calculations are a imply common based mostly on a survey of analysis analysts that that present protection for Martin Marietta Supplies.
Martin Marietta Supplies (NYSE:MLM) final posted its quarterly earnings outcomes on Tuesday, February ninth. The development firm reported $2.93 earnings per share for the quarter, topping the consensus estimate of $2.28 by $0.65. Martin Marietta Supplies had a internet margin of 14.38% and a return on fairness of 12.22%. The enterprise had income of $1.18 billion in the course of the quarter, in comparison with the consensus estimate of $1.10 billion. Throughout the identical interval within the earlier 12 months, the agency posted $2.09 earnings per share. The agency’s income for the quarter was up 7.2% on a year-over-year foundation.
A lot of analysis analysts lately issued experiences on MLM shares. Exane BNP Paribas downgraded Martin Marietta Supplies from an “outperform” score to a “impartial” score and set a $360.00 value goal on the inventory. in a report on Wednesday, January 27th. Raymond James began protection on Martin Marietta Supplies in a analysis word on Wednesday, February third. They issued a “market carry out” score for the corporate. DA Davidson upped their value goal on shares of Martin Marietta Supplies from $230.00 to $335.00 and gave the inventory a “impartial” score in a report on Wednesday, February 10th. Morgan Stanley lifted their goal value on shares of Martin Marietta Supplies from $356.00 to $372.00 and gave the corporate an “chubby” score in a analysis word on Monday, April 19th. Lastly, Stephens raised shares of Martin Marietta Supplies from an “equal weight” score to an “chubby” score in a analysis word on Wednesday, January sixth. Eleven equities analysis analysts have rated the inventory with a maintain score and 9 have issued a purchase score to the inventory. The corporate has a consensus score of “Maintain” and a consensus goal value of $275.42.
Shares of NYSE:MLM opened at $350.82 on Friday. The corporate has a present ratio of three.27, a fast ratio of 1.85 and a debt-to-equity ratio of 0.46. The corporate has a 50-day shifting common value of $339.45 and a 200-day shifting common value of $299.36. The corporate has a market cap of $21.88 billion, a price-to-earnings ratio of 32.79, a price-to-earnings-growth ratio of 5.79 and a beta of 0.69. Martin Marietta Supplies has a 12 month low of $151.94 and a 12 month excessive of $353.76.
The agency additionally lately disclosed a quarterly dividend, which was paid on Wednesday, March 31st. Traders of report on Monday, March 1st got a dividend of $0.57 per share. The ex-dividend date was Friday, February 26th. This represents a $2.28 annualized dividend and a dividend yield of 0.65%. Martin Marietta Supplies’s dividend payout ratio (DPR) is presently 23.41%.
In different Martin Marietta Supplies information, CEO C Howard Nye offered 3,052 shares of the corporate’s inventory in a transaction dated Tuesday, March ninth. The shares had been offered at a median value of $335.06, for a complete transaction of $1,022,603.12. Following the transaction, the chief government officer now owns 101,226 shares within the firm, valued at roughly $33,916,783.56. The transaction was disclosed in a doc filed with the Securities & Change Fee, which is out there via this hyperlink. 0.73% of the inventory is presently owned by insiders.
A lot of institutional buyers have lately purchased and offered shares of MLM. Worldwide Property Funding Administration LLC bought a brand new place in shares of Martin Marietta Supplies within the fourth quarter price roughly $70,000. Lathrop Funding Administration Corp boosted its stake in Martin Marietta Supplies by 2.5% within the 4th quarter. Lathrop Funding Administration Corp now owns 52,071 shares of the development firm’s inventory price $14,787,000 after buying a further 1,272 shares in the course of the interval. KBC Group NV grew its holdings in Martin Marietta Supplies by 356.4% in the course of the 4th quarter. KBC Group NV now owns 29,784 shares of the development firm’s inventory valued at $8,458,000 after shopping for a further 23,258 shares within the final quarter. Wells Fargo & Firm MN lifted its holdings in shares of Martin Marietta Supplies by 3.9% within the fourth quarter. Wells Fargo & Firm MN now owns 193,073 shares of the development firm’s inventory price $54,827,000 after shopping for a further 7,284 shares within the final quarter. Lastly, Congress Asset Administration Co. MA boosted its place in shares of Martin Marietta Supplies by 1.3% in the course of the fourth quarter. Congress Asset Administration Co. MA now owns 75,905 shares of the development firm’s inventory price $21,555,000 after buying a further 987 shares over the last quarter. Institutional buyers personal 97.77% of the corporate’s inventory.
About Martin Marietta Supplies
Martin Marietta Supplies, Inc, a pure resource-based constructing supplies firm, provides aggregates and heavy-side constructing supplies to the development trade in the USA and internationally. It presents crushed stone, sand, and gravel merchandise; prepared combined concrete and asphalt; paving services and products; and Portland and specialty cement used within the infrastructure initiatives, and nonresidential and residential building markets, in addition to within the railroad, agricultural, utility, and environmental industries.
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