Zacks Research Has Pessimistic Outlook of MLM Q1 Earnings

Martin Marietta Materials, Inc. (NYSE:MLM) – Equities researchers at Zacks Research cut their Q1 2025 EPS estimates for shares of Martin Marietta Materials in a report released on Wednesday, March 5th. Zacks Research analyst R. Department now forecasts that the construction company will post earnings per share of $1.56 for the quarter, down from their previous estimate of $2.06. 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’ Q2 2025 earnings at $5.37 EPS, Q3 2025 earnings at $6.59 EPS, FY2025 earnings at $18.26 EPS, Q1 2026 earnings at $1.79 EPS, Q2 2026 earnings at $5.77 EPS, Q3 2026 earnings at $6.79 EPS, Q4 2026 earnings at $4.73 EPS, FY2026 earnings at $19.07 EPS and FY2027 earnings at $21.06 EPS.

Martin Marietta Materials (NYSE:MLM) last issued its quarterly earnings data on Wednesday, February 12th. The construction company reported $4.79 earnings per share for the quarter, beating analysts’ consensus estimates of $4.62 by $0.17. Martin Marietta Materials had a return on equity of 12.11% and a net margin of 30.54%.

A number of other research analysts have also recently weighed in on MLM. Raymond James dropped their price objective on shares of Martin Marietta Materials from $630.00 to $600.00 and set an “outperform” rating for the company in a report on Thursday, February 13th. Wolfe Research upgraded shares of Martin Marietta Materials from a “peer perform” rating to an “outperform” rating and set a $563.00 price target for the company in a research note on Wednesday, January 8th. Barclays reduced their price objective on Martin Marietta Materials from $645.00 to $600.00 and set an “overweight” rating on the stock in a research note on Thursday, February 13th. Truist Financial lowered their target price on Martin Marietta Materials from $670.00 to $610.00 and set a “buy” rating for the company in a research note on Thursday, February 13th. Finally, Citigroup reduced their price target on Martin Marietta Materials from $701.00 to $600.00 and set a “buy” rating on the stock in a research report on Monday, January 6th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $634.36.

Martin Marietta Materials Stock Down 3.1 %

Shares of NYSE:MLM opened at $461.02 on Monday. The firm has a market capitalization of $28.11 billion, a PE ratio of 14.26, a price-to-earnings-growth ratio of 4.45 and a beta of 0.89. Martin Marietta Materials has a 1 year low of $448.50 and a 1 year high of $633.23. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.50 and a quick ratio of 1.40. The firm’s 50-day moving average is $518.87 and its two-hundred day moving average is $543.25.

Martin Marietta Materials Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 3rd will be issued a $0.79 dividend. This represents a $3.16 annualized dividend and a dividend yield of 0.69%. The ex-dividend date of this dividend is Monday, March 3rd. Martin Marietta Materials’s payout ratio is 9.77%.

Insider Activity at Martin Marietta Materials

In related news, EVP Donald A. Mccunniff sold 1,332 shares of the firm’s stock in a transaction that occurred 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 owns 3,523 shares in the company, valued at $1,673,425. This trade represents a 27.44 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Michael J. Petro purchased 550 shares of the business’s stock in a transaction on Tuesday, March 4th. The shares were purchased at an average cost of $454.37 per share, for a total transaction of $249,903.50. Following the transaction, the senior vice president now owns 8,985 shares of the company’s stock, valued at $4,082,514.45. This trade represents a 6.52 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 0.68% of the company’s stock.

Institutional Trading of Martin Marietta Materials

A number of large investors have recently bought and sold shares of MLM. Vanguard Group Inc. raised its holdings in shares of Martin Marietta Materials by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 7,174,183 shares of the construction company’s stock valued at $3,705,466,000 after buying an additional 36,531 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Martin Marietta Materials by 23.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,678,425 shares of the construction company’s stock valued at $1,441,663,000 after acquiring an additional 506,705 shares during the last quarter. FMR LLC lifted its position in Martin Marietta Materials by 15.3% during the 3rd quarter. FMR LLC now owns 2,515,441 shares of the construction company’s stock worth $1,353,936,000 after acquiring an additional 334,605 shares during the period. Principal Financial Group Inc. grew its stake in shares of Martin Marietta Materials by 11.7% in the 4th quarter. Principal Financial Group Inc. now owns 1,819,744 shares of the construction company’s stock valued at $939,898,000 after purchasing an additional 191,043 shares during the last quarter. Finally, Amundi increased its holdings in shares of Martin Marietta Materials by 10.5% in the fourth quarter. Amundi now owns 1,562,146 shares of the construction company’s stock valued at $808,005,000 after purchasing an additional 148,065 shares during the period. Institutional investors and hedge funds 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.