Martin Marietta Supplies (NYSE:MLM – Free Report) had its goal worth boosted by Citigroup from $635.00 to $708.00 in a analysis be aware launched on Friday morning, Benzinga studies. The brokerage at the moment has a purchase score on the development firm’s inventory.
A number of different analysts have additionally weighed in on MLM. Wolfe Analysis lowered shares of Martin Marietta Supplies from an outperform score to a peer carry out score in a report on Friday, March eighth. StockNews.com minimize shares of Martin Marietta Supplies from a purchase score to a maintain score in a analysis be aware on Friday, February ninth. Stephens raised their worth goal on shares of Martin Marietta Supplies from $575.00 to $605.00 and gave the corporate an obese score in a analysis be aware on Friday, February sixteenth. The Goldman Sachs Group raised their worth goal on shares of Martin Marietta Supplies from $560.00 to $642.00 and gave the corporate a purchase score in a analysis be aware on Friday, February sixteenth. Lastly, HSBC raised shares of Martin Marietta Supplies from a scale back score to a maintain score and raised their worth goal for the corporate from $376.00 to $543.00 in a analysis be aware on Thursday, February twenty second. 4 funding analysts have rated the inventory with a maintain score and ten have assigned a purchase score to the corporate’s inventory. In line with MarketBeat.com, Martin Marietta Supplies presently has a consensus score of Reasonable Purchase and a consensus goal worth of $577.38.
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Martin Marietta Supplies Inventory Efficiency
NYSE:MLM opened at $619.41 on Friday. Martin Marietta Supplies has a 12-month low of $332.13 and a 12-month excessive of $622.28. The corporate has a fast ratio of two.50, a present ratio of three.35 and a debt-to-equity ratio of 0.49. The agency has a market capitalization of $38.29 billion, a PE ratio of 32.89, a price-to-earnings-growth ratio of two.98 and a beta of 0.96. The agency has a 50-day transferring common worth of $570.92 and a 200 day transferring common worth of $496.86.
Martin Marietta Supplies (NYSE:MLM – Get Free Report) final posted its quarterly earnings outcomes on Wednesday, February 14th. The development firm reported $4.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.96 by $0.67. Martin Marietta Supplies had a internet margin of 17.25% and a return on fairness of 15.77%. The agency had income of $1.61 billion throughout the quarter, in comparison with analyst estimates of $1.62 billion. Throughout the identical quarter within the prior yr, the enterprise posted $3.04 earnings per share. The corporate’s quarterly income was up 8.9% in comparison with the identical quarter final yr. Analysis analysts anticipate that Martin Marietta Supplies will put up 21.09 earnings per share for the present fiscal yr.
Martin Marietta Supplies Broadcasts Dividend
The enterprise additionally lately disclosed a quarterly dividend, which was paid on Thursday, March twenty eighth. Traders of document on Monday, March 4th have been issued a dividend of $0.74 per share. The ex-dividend date of this dividend was Friday, March 1st. This represents a $2.96 dividend on an annualized foundation and a dividend yield of 0.48%. Martin Marietta Supplies’s payout ratio is 15.72%.
Insider Shopping for and Promoting
In different Martin Marietta Supplies information, Director Sue W. Cole bought 1,724 shares of Martin Marietta Supplies inventory in a transaction on Friday, February sixteenth. The shares have been bought at a mean worth of $543.48, for a complete worth of $936,959.52. Following the sale, the director now immediately owns 19,793 shares within the firm, valued at roughly $10,757,099.64. The sale was disclosed in a doc filed with the Securities & Trade Fee, which will be accessed via this hyperlink. In different Martin Marietta Supplies information, Director Sue W. Cole bought 1,724 shares of Martin Marietta Supplies inventory in a transaction on Friday, February sixteenth. The shares have been bought at a mean worth of $543.48, for a complete worth of $936,959.52. Following the sale, the director now immediately owns 19,793 shares within the firm, valued at roughly $10,757,099.64. The sale was disclosed in a doc filed with the Securities & Trade Fee, which will be accessed via this hyperlink. Additionally, EVP Roselyn R. Bar bought 10,000 shares of the enterprise’s inventory in a transaction dated Thursday, March 14th. The inventory was bought at a mean worth of $603.29, for a complete transaction of $6,032,900.00. Following the transaction, the manager vp now owns 59,970 shares within the firm, valued at $36,179,301.30. The disclosure for this sale will be discovered right here. Insiders have bought a complete of 26,724 shares of firm inventory price $16,033,760 over the past ninety days. Firm insiders personal 0.61% of the corporate’s inventory.
Institutional Inflows and Outflows
Institutional traders have lately modified their holdings of the corporate. Ables Iannone Moore & Associates Inc. acquired a brand new place in shares of Martin Marietta Supplies throughout the 4th quarter price about $25,000. Pinnacle Bancorp Inc. purchased a brand new stake in shares of Martin Marietta Supplies throughout the 4th quarter price about $26,000. Trade Traded Ideas LLC purchased a brand new stake in Martin Marietta Supplies within the 4th quarter valued at about $27,000. Benjamin Edwards Inc. boosted its holdings in Martin Marietta Supplies by 78.8% within the 4th quarter. Benjamin Edwards Inc. now owns 59 shares of the development firm’s inventory valued at $29,000 after buying an extra 26 shares throughout the interval. Lastly, Oliver Lagore Vanvalin Funding Group boosted its holdings in Martin Marietta Supplies by 74.3% within the 4th quarter. Oliver Lagore Vanvalin Funding Group now owns 61 shares of the development firm’s inventory valued at $30,000 after buying an extra 26 shares throughout the interval. 95.04% of the inventory is at the moment owned by institutional traders and hedge funds.
About Martin Marietta Supplies
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Martin Marietta Supplies, Inc, a pure resource-based constructing supplies firm, provides aggregates and heavy-side constructing supplies to the development business in the US and internationally. It affords crushed stone, sand, and gravel merchandise; prepared blended concrete and asphalt; paving services; and Portland and specialty cement to be used within the infrastructure tasks, and nonresidential and residential building markets, in addition to within the railroad, agricultural, utility, and environmental industries.
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