Zacks Research Has Bullish Estimate for MLM Q1 Earnings

Martin Marietta Materials, Inc. (NYSE:MLM) – Stock analysts at Zacks Research raised their Q1 2025 EPS estimates for shares of Martin Marietta Materials in a report issued on Tuesday, April 29th. Zacks Research analyst R. Department now forecasts that the construction company will earn $1.90 per share for the quarter, up from their previous estimate of $1.56. The consensus estimate for Martin Marietta Materials’ current full-year earnings is $19.53 per share. Zacks Research also issued estimates for Martin Marietta Materials’ Q3 2025 earnings at $6.57 EPS, Q4 2025 earnings at $4.74 EPS, FY2025 earnings at $18.53 EPS, Q1 2026 earnings at $1.85 EPS, Q2 2026 earnings at $5.76 EPS, Q3 2026 earnings at $6.79 EPS, Q4 2026 earnings at $4.74 EPS, FY2026 earnings at $19.13 EPS and FY2027 earnings at $21.43 EPS.

Several other analysts also recently commented on MLM. Seaport Res Ptn raised shares of Martin Marietta Materials to a “strong-buy” rating in a research report on Friday, March 21st. Barclays lowered their target price on Martin Marietta Materials from $645.00 to $600.00 and set an “overweight” rating on the stock in a report on Thursday, February 13th. JPMorgan Chase & Co. downgraded shares of Martin Marietta Materials from an “overweight” rating to a “neutral” rating and dropped their price objective for the stock from $640.00 to $560.00 in a report on Wednesday, March 19th. Loop Capital cut their target price on Martin Marietta Materials from $645.00 to $615.00 and set a “buy” rating for the company in a research note on Tuesday, April 1st. Finally, Stifel Nicolaus assumed coverage on shares of Martin Marietta Materials in a research note on Tuesday, March 4th. They set a “buy” rating and a $559.00 price target for the company. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $599.38.

Martin Marietta Materials Trading Up 3.9 %

Martin Marietta Materials stock opened at $524.76 on Thursday. Martin Marietta Materials has a 12 month low of $441.95 and a 12 month high of $633.23. The company’s fifty day simple moving average is $483.73 and its 200-day simple moving average is $531.02. The company has a quick ratio of 1.40, a current ratio of 2.50 and a debt-to-equity ratio of 0.56. The stock has a market cap of $31.80 billion, a P/E ratio of 16.23, a P/E/G ratio of 4.45 and a beta of 0.81.

Martin Marietta Materials (NYSE:MLM) last announced its quarterly earnings data on Tuesday, April 29th. The construction company reported $1.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.88 by $0.02. Martin Marietta Materials had a return on equity of 12.11% and a net margin of 30.54%. The firm had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.36 billion. During the same period in the prior year, the business earned $1.93 EPS. The business’s revenue for the quarter was up 8.2% on a year-over-year basis.

Martin Marietta Materials Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 3rd were paid a $0.79 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $3.16 annualized dividend and a dividend yield of 0.60%. Martin Marietta Materials’s dividend payout ratio (DPR) is currently 9.77%.

Insider Buying and Selling

In related news, SVP Michael J. Petro purchased 550 shares of the stock in a transaction dated Tuesday, March 4th. The stock was bought at an average cost of $454.37 per share, with a total value of $249,903.50. Following the purchase, the senior vice president now directly owns 8,985 shares in the company, valued at $4,082,514.45. The trade was a 6.52 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Donald A. Mccunniff sold 1,332 shares of Martin Marietta Materials stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $475.00, for a total transaction of $632,700.00. Following the transaction, the executive vice president now directly owns 3,523 shares in the company, valued at approximately $1,673,425. This represents a 27.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.68% of the company’s stock.

Institutional Investors Weigh In On Martin Marietta Materials

Large investors have recently made changes to their positions in the stock. Principal Financial Group Inc. grew its stake in shares of Martin Marietta Materials by 76.2% during the 3rd quarter. Principal Financial Group Inc. now owns 1,628,701 shares of the construction company’s stock worth $876,648,000 after acquiring an additional 704,460 shares in the last quarter. Virtu Financial LLC acquired a new position in shares of Martin Marietta Materials in the third quarter valued at $2,975,000. Wilmington Savings Fund Society FSB acquired a new position in Martin Marietta Materials in the 3rd quarter valued at about $197,000. Tidal Investments LLC increased its stake in shares of Martin Marietta Materials by 89.3% during the third quarter. Tidal Investments LLC now owns 8,008 shares of the construction company’s stock worth $4,310,000 after purchasing an additional 3,778 shares during the period. Finally, Synovus Financial Corp increased its position in Martin Marietta Materials by 8.0% during the 3rd quarter. Synovus Financial Corp now owns 10,021 shares of the construction company’s stock worth $5,394,000 after buying an additional 741 shares during the period. Institutional investors own 95.04% of the company’s stock.

About Martin Marietta Materials

Martin Marietta Materials, Inc, a natural resource-based building materials company, supplies aggregates and heavy-side building materials to the construction industry in the United States and internationally. It offers crushed stone, sand, and gravel products; ready mixed concrete and asphalt; paving products and services; and Portland and specialty cement for use in the infrastructure projects, and nonresidential and residential construction markets, as well as in the railroad, agricultural, utility, and environmental industries.