Martin Marietta Materials Stock Today
| MLM Stock | USD 599.24 2.87 0.48% |
Performance20 of 100
| Odds Of DistressLess than 6
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Martin Marietta is selling at 599.24 as of the 16th of April 2024; that is -0.48% down since the beginning of the trading day. The stock's lowest day price was 597.84. Martin Marietta has only a 6 % chance of going through financial distress over the next few years and had a solid performance during the last 90 days. Equity ratings for Martin Marietta Materials are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of March 2024 and ending today, the 16th of April 2024. Click here to learn more.
Business Domain Materials | IPO Date 16th of February 1994 | Category Basic 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. The company was founded in 19 and is headquartered in Raleigh, North Carolina. The company has 61.82 M outstanding shares of which 868.66 K shares are now shorted by investors with about 1.64 days to cover. More on Martin Marietta Materials
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Follow Valuation Options Odds of Bankruptcy
Financial Report 2nd of May 2024
Martin Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Martin Marietta's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Martin Marietta or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Martin Marietta's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Martin Marietta's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| Chairman | C Nye | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Non-Metallic and Industrial Metal Mining (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | REAL GOOD FOOD CO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Construction Materials, Building Materials, Basic Materials, NYSE Composite, SP 500 Index, Non-Metallic and Industrial Metal Mining, Materials, Construction Materials, Building Materials, Basic Materials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Martin Marietta report their recommendations after researching Martin Marietta's financial statements, talking to executives and customers, or listening in on Martin Marietta's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Martin Marietta Materials. The Martin consensus assessment is calculated by taking the average forecast from all of the analysts covering Martin Marietta. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key measurements obtained from Martin Marietta's financial statements, Martin Marietta Materials may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Martin Marietta Materials is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Martin Marietta's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Martin Marietta's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Martin Marietta's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Martin Marietta's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Martin Marietta's financial leverage. It provides some insight into what part of Martin Marietta's total assets is financed by creditors.
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Martin Marietta Materials (MLM) is traded on New York Stock Exchange in USA. It is located in 4123 Parklake Avenue, Raleigh, NC, United States, 27612 and employs 9,400 people. Martin Marietta is listed under Construction Materials category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 37.22 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Martin Marietta's market, we take the total number of its shares issued and multiply it by Martin Marietta's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Martin Marietta Materials runs under Construction Materials sector within Materials industry. The entity has 61.82 M outstanding shares of which 868.66 K shares are now shorted by investors with about 1.64 days to cover.
Martin Marietta Materials has about 358 M in cash with 1.53 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.19.
Check Martin Marietta Probability Of Bankruptcy
Ownership AllocationMartin Marietta Materials maintains a total of 61.82 Million outstanding shares. The majority of Martin Marietta outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Martin Marietta Materials to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Martin Marietta Materials. Please pay attention to any change in the institutional holdings of Martin Marietta as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Martin Ownership Details
Martin Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Martin Marietta jumping above the current price in 90 days from now is about 20.9%. The Martin Marietta Materials probability density function shows the probability of Martin Marietta stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Martin Marietta has a beta of 0.2113. This indicates as returns on the market go up, Martin Marietta average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Martin Marietta Materials will be expected to be much smaller as well. Additionally, martin Marietta Materials has an alpha of 0.2708, implying that it can generate a 0.27 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Martin Marietta to move above the current price in 90 days from now is about 20.9 (This Martin Marietta Materials probability density function shows the probability of Martin Stock to fall within a particular range of prices over 90 days) .
Martin Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Martin Marietta that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Martin Marietta's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Martin Marietta's value.| Instituion | Recorded On | Shares | |
| Geode Capital Management, Llc | 2023-12-31 | 1.4 M | |
| Principal Financial Group Inc | 2023-12-31 | 959.1 K | |
| Gardner Russo & Gardner | 2023-12-31 | 940.6 K | |
| Atlantic Trust Group, Llc | 2023-12-31 | 863.3 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 786.4 K | |
| King Luther Capital Management Corp | 2023-12-31 | 687.4 K | |
| Massachusetts Financial Services Company | 2023-12-31 | 642.3 K | |
| Norges Bank | 2023-12-31 | 618.8 K | |
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 615.4 K | |
| Vanguard Group Inc | 2023-12-31 | 7.2 M | |
| Blackrock Inc | 2023-12-31 | 4.1 M |
Martin Marietta Historical Income Statement
Martin Marietta Materials Income Statement is one of the three primary financial statements used for reporting Martin's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Martin Marietta Materials revenue and expense. Martin Marietta Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Martin Marietta's EBIT is very stable compared to the past year. As of the 16th of April 2024, EBITDA is likely to grow to about 2.2 B, while Selling And Marketing Expenses is likely to drop about 30.6 K. View More FundamentalsMartin Stock Against Markets
Picking the right benchmark for Martin Marietta stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Martin Marietta stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Martin Marietta is critical whether you are bullish or bearish towards Martin Marietta Materials at a given time. Please also check how Martin Marietta's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Martin Marietta without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Martin Marietta Corporate Directors
Martin Marietta corporate directors refer to members of a Martin Marietta board of directors. The board of directors generally takes responsibility for the Martin Marietta's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Martin Marietta's board members must vote for the resolution. The Martin Marietta board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Richard Vinroot | Independent Director | Profile | |
| Sue Cole | Independent Director | Profile | |
| John Koraleski | Lead Independent Director | Profile | |
| Michael Quillen | Lead Independent Director | Profile |
How to buy Martin Stock?
Before investing in Martin Marietta, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Martin Marietta. To buy Martin Marietta stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Martin Marietta. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Martin Marietta stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Martin Marietta Materials stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Martin Marietta Materials stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Martin Marietta Materials, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Martin Stock please use our How to Invest in Martin Marietta guide.
Already Invested in Martin Marietta Materials?
The danger of trading Martin Marietta Materials is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Martin Marietta is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Martin Marietta. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Martin Marietta Materials is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Martin Marietta Materials is a strong investment it is important to analyze Martin Marietta's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Martin Marietta's future performance. For an informed investment choice regarding Martin Stock, refer to the following important reports: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Martin Marietta Materials. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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When running Martin Marietta's price analysis, check to measure Martin Marietta's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Martin Marietta is operating at the current time. Most of Martin Marietta's value examination focuses on studying past and present price action to predict the probability of Martin Marietta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Martin Marietta's price. Additionally, you may evaluate how the addition of Martin Marietta to your portfolios can decrease your overall portfolio volatility.
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Is Martin Marietta's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Martin Marietta. If investors know Martin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Martin Marietta listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.541 | Dividend Share 2.8 | Earnings Share 19.3 | Revenue Per Share 109.486 | Quarterly Revenue Growth 0.089 |
The market value of Martin Marietta Materials is measured differently than its book value, which is the value of Martin that is recorded on the company's balance sheet. Investors also form their own opinion of Martin Marietta's value that differs from its market value or its book value, called intrinsic value, which is Martin Marietta's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Martin Marietta's market value can be influenced by many factors that don't directly affect Martin Marietta's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Martin Marietta's value and its price as these two are different measures arrived at by different means. Investors typically determine if Martin Marietta is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Martin Marietta's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.