Profile
Sector:
Basic MaterialsIndustry:
Building MaterialsCountry:
United StatesIPO:
17 February 1994Website:
http://www.martinmarietta.comNext earnings report:
26 July 2024Last dividends:
03 June 2024Next dividends:
N/APrice
after hours | Wed, 03 Jul 2024 20:20:00 GMTAnalysts recommendations
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MLM Latest News
Martin Marietta and Vulcan Materials have been highlighted in this Industry Outlook article.
Federal infrastructure spending should help the Zacks Building Products - Concrete & Aggregates industry players like MLM and VMC. Yet high rates and expenses are risks.
Improving infrastructure activity bolstered by a strong inflow of public funds is expected to aid Martin Marietta (MLM). Yet, weather woes and pricing fluctuations are a concern.
Martin Marietta (MLM) reported earnings 30 days ago. What's next for the stock?
Martin Marietta (MLM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
On May 16, 2024, Martin Marietta Materials, Inc. (NYSE: MLM) declared a quarterly cash dividend of $0.74 per share on its common stock. The dividend will be paid on June 28, 2024, to shareholders of record as of June 3, 2024.
Martin Marietta's (MLM) first-quarter earnings show reduced quantities sold despite successful price increases.
The key figures for Martin Marietta (MLM) provide a glimpse into the company's performance in the first quarter of 2024, but it could be beneficial to analyze certain important metrics in relation to Wall Street predictions and last year's results.
Martin Marietta (MLM) reported earnings of $1.93 per share for the quarter, surpassing the Zacks Consensus Estimate of $1.88 per share. This is lower than the earnings of $2.16 per share from the same quarter last year.
The first-quarter results of Martin Marietta (MLM) are expected to show strong pricing despite lower volumes. Additionally, the recent acquisitions of AFS and BWI, along with increased infrastructure spending, are positive factors in the short term.
What type of business is Martin Marietta Materials?
Martin Marietta Materials, Inc. is a company that produces construction materials based on natural resources, supplying aggregates and heavy construction materials for the construction industry. The company was founded in 1993, with headquarters located in Raleigh, North Carolina. Martin Marietta Materials offers a wide range of construction materials: aggregates - crushed stone, sand, and gravel; ready-mix concrete and asphalt mixes; paving products and services; Portland cement and specialized cement used in engineering projects, as well as in non-residential and residential construction, railway, agricultural, municipal, and environmental industries. The company also manufactures and sells magnesium chemical products; dolomitic lime, and provides services for road construction.
What sector is Martin Marietta Materials in?
Martin Marietta Materials is in the Basic Materials sector
What industry is Martin Marietta Materials in?
Martin Marietta Materials is in the Building Materials industry
What country is Martin Marietta Materials from?
Martin Marietta Materials is headquartered in United States
When did Martin Marietta Materials go public?
Martin Marietta Materials initial public offering (IPO) was on 17 February 1994
What is Martin Marietta Materials website?
https://www.martinmarietta.com
Is Martin Marietta Materials in the S&P 500?
Yes, Martin Marietta Materials is included in the S&P 500 index
Is Martin Marietta Materials in the NASDAQ 100?
No, Martin Marietta Materials is not included in the NASDAQ 100 index
Is Martin Marietta Materials in the Dow Jones?
No, Martin Marietta Materials is not included in the Dow Jones index
When does Martin Marietta Materials report earnings?
The next expected earnings date for Martin Marietta Materials is 26 July 2024