What is Zacks Research’s Forecast for MLM Q3 Earnings?

Martin Marietta Materials, Inc. (NYSE:MLMFree Report) – Investment analysts at Zacks Research increased their Q3 2025 earnings per share estimates for Martin Marietta Materials in a research note issued on Wednesday, March 26th. Zacks Research analyst R. Department now anticipates that the construction company will post earnings per share of $6.71 for the quarter, up from their previous estimate of $6.59. The consensus estimate for Martin Marietta Materials’ current full-year earnings is $19.53 per share.

A number of other equities research analysts have also recently commented on MLM. HSBC upgraded Martin Marietta Materials from a “hold” rating to a “buy” rating and set a $690.00 target price on the stock in a research report on Wednesday, December 11th. BNP Paribas lowered shares of Martin Marietta Materials from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 10th. Seaport Res Ptn upgraded shares of Martin Marietta Materials to a “strong-buy” rating in a research report on Friday, March 21st. StockNews.com cut Martin Marietta Materials from a “hold” rating to a “sell” rating in a report on Thursday, February 20th. Finally, Truist Financial reduced their target price on Martin Marietta Materials from $670.00 to $610.00 and set a “buy” rating for the company in a report on Thursday, February 13th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $626.50.

Check Out Our Latest Stock Report on Martin Marietta Materials

Martin Marietta Materials Stock Up 1.3 %

MLM opened at $484.47 on Monday. The company has a fifty day moving average of $504.37 and a two-hundred day moving average of $538.26. The stock has a market capitalization of $29.54 billion, a price-to-earnings ratio of 14.99, a PEG ratio of 4.45 and a beta of 0.89. Martin Marietta Materials has a fifty-two week low of $448.50 and a fifty-two week high of $633.23. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.40 and a current ratio of 2.50.

Martin Marietta Materials (NYSE:MLMGet Free Report) last posted its earnings results on Wednesday, February 12th. The construction company reported $4.79 earnings per share for the quarter, beating the consensus estimate of $4.62 by $0.17. Martin Marietta Materials had a net margin of 30.54% and a return on equity of 12.11%.

Martin Marietta Materials Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 3rd were paid a dividend of $0.79 per share. This represents a $3.16 dividend on an annualized basis and a yield of 0.65%. The ex-dividend date was Monday, March 3rd. Martin Marietta Materials’s dividend payout ratio (DPR) is currently 9.77%.

Insider Buying and Selling at Martin Marietta Materials

In other news, EVP Donald A. Mccunniff sold 1,332 shares of Martin Marietta Materials stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $475.00, for a total transaction of $632,700.00. Following the sale, the executive vice president now owns 3,523 shares of the company’s stock, valued at approximately $1,673,425. The trade was a 27.44 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Michael J. Petro acquired 550 shares of the firm’s stock in a transaction that occurred on Tuesday, March 4th. The stock was acquired at an average price of $454.37 per share, for a total transaction of $249,903.50. Following the completion of the acquisition, the senior vice president now directly owns 8,985 shares of the company’s stock, valued at $4,082,514.45. The trade was a 6.52 % increase in their position. The disclosure for this purchase can be found here. 0.68% of the stock is owned by company insiders.

Institutional Investors Weigh In On Martin Marietta Materials

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MLM. Lee Danner & Bass Inc. purchased a new position in shares of Martin Marietta Materials during the 4th quarter worth $28,000. Whipplewood Advisors LLC acquired a new position in Martin Marietta Materials in the fourth quarter valued at about $32,000. Kestra Investment Management LLC purchased a new position in Martin Marietta Materials during the fourth quarter worth about $35,000. Hopwood Financial Services Inc. purchased a new position in Martin Marietta Materials during the fourth quarter worth about $36,000. Finally, EverSource Wealth Advisors LLC increased its position in shares of Martin Marietta Materials by 91.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 71 shares of the construction company’s stock valued at $37,000 after acquiring an additional 34 shares during the last quarter. Hedge funds and other institutional investors own 95.04% of the company’s stock.

Martin Marietta Materials Company Profile

(Get Free Report)

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.

See Also

Earnings History and Estimates for Martin Marietta Materials (NYSE:MLM)

Receive News & Ratings for Martin Marietta Materials Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Martin Marietta Materials and related companies with MarketBeat.com's FREE daily email newsletter.