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 used in the infrastructure projects, and nonresidential and residential construction markets, as well as in the railroad, agricultural, utility, and environmental industries. The company also manufactures and markets magnesia-based chemical products for the industrial, agricultural, and environmental applications; and dolomitic lime primarily for customers in the steel and mining industries. Its chemical products are used in flame retardants, wastewater treatment, pulp and paper production, and other environmental applications. The company was founded in 1939 and is headquartered in Raleigh, North Carolina.
IPO Year: 1994
Exchange: NYSE
Website: martinmarietta.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/19/2025 | $640.00 → $560.00 | Overweight → Neutral | Analyst |
| 3/4/2025 | $559.00 | Buy | Stifel |
| 1/8/2025 | $563.00 | Peer Perform → Outperform | Wolfe Research |
| 12/11/2024 | $690.00 | Hold → Buy | HSBC Securities |
| 11/27/2024 | $515.00 → $640.00 | Neutral → Overweight | Analyst |
| 11/7/2024 | $730.00 | Buy | UBS |
| 3/22/2024 | $530.00 → $600.00 | Overweight → Neutral | JP Morgan |
| 3/8/2024 | Outperform → Peer Perform | Wolfe Research | |
| 2/22/2024 | $376.00 → $543.00 | Reduce → Hold | HSBC Securities |
| 1/8/2024 | $595.00 | Overweight | Morgan Stanley |
10-K - MARTIN MARIETTA MATERIALS INC (0000916076) (Filer)
SCHEDULE 13G/A - MARTIN MARIETTA MATERIALS INC (0000916076) (Subject)
8-K - MARTIN MARIETTA MATERIALS INC (0000916076) (Filer)
8-K - MARTIN MARIETTA MATERIALS INC (0000916076) (Filer)
8-K - MARTIN MARIETTA MATERIALS INC (0000916076) (Filer)
8-K - MARTIN MARIETTA MATERIALS INC (0000916076) (Filer)
8-K - MARTIN MARIETTA MATERIALS INC (0000916076) (Filer)
FWP - MARTIN MARIETTA MATERIALS INC (0000916076) (Subject)
424B5 - MARTIN MARIETTA MATERIALS INC (0000916076) (Filer)
10-Q - MARTIN MARIETTA MATERIALS INC (0000916076) (Filer)
Analyst downgraded Martin Marietta from Overweight to Neutral and set a new price target of $560.00 from $640.00 previously
Stifel resumed coverage of Martin Marietta with a rating of Buy and set a new price target of $559.00
Wolfe Research upgraded Martin Marietta from Peer Perform to Outperform and set a new price target of $563.00
HSBC Securities upgraded Martin Marietta from Hold to Buy and set a new price target of $690.00
Analyst upgraded Martin Marietta from Neutral to Overweight and set a new price target of $640.00 from $515.00 previously
UBS initiated coverage of Martin Marietta with a rating of Buy and set a new price target of $730.00
JP Morgan downgraded Martin Marietta from Overweight to Neutral and set a new price target of $600.00 from $530.00 previously
Wolfe Research downgraded Martin Marietta from Outperform to Peer Perform
HSBC Securities upgraded Martin Marietta from Reduce to Hold and set a new price target of $543.00 from $376.00 previously
Morgan Stanley initiated coverage of Martin Marietta with a rating of Overweight and set a new price target of $595.00
4 - MARTIN MARIETTA MATERIALS INC (0000916076) (Issuer)
4 - MARTIN MARIETTA MATERIALS INC (0000916076) (Issuer)
4 - MARTIN MARIETTA MATERIALS INC (0000916076) (Issuer)
4 - MARTIN MARIETTA MATERIALS INC (0000916076) (Issuer)
4 - MARTIN MARIETTA MATERIALS INC (0000916076) (Issuer)
4 - MARTIN MARIETTA MATERIALS INC (0000916076) (Issuer)
4 - MARTIN MARIETTA MATERIALS INC (0000916076) (Issuer)
4 - MARTIN MARIETTA MATERIALS INC (0000916076) (Issuer)
4 - MARTIN MARIETTA MATERIALS INC (0000916076) (Issuer)
4 - MARTIN MARIETTA MATERIALS INC (0000916076) (Issuer)
4 - MARTIN MARIETTA MATERIALS INC (0000916076) (Issuer)
SC 13G - MARTIN MARIETTA MATERIALS INC (0000916076) (Subject)
SC 13G/A - MARTIN MARIETTA MATERIALS INC (0000916076) (Subject)
SC 13G/A - MARTIN MARIETTA MATERIALS INC (0000916076) (Subject)
SC 13G/A - MARTIN MARIETTA MATERIALS INC (0000916076) (Subject)
SC 13G/A - MARTIN MARIETTA MATERIALS INC (0000916076) (Subject)
SC 13G/A - MARTIN MARIETTA MATERIALS INC (0000916076) (Subject)
SC 13G/A - MARTIN MARIETTA MATERIALS INC (0000916076) (Subject)
SC 13G/A - MARTIN MARIETTA MATERIALS INC (0000916076) (Subject)
SC 13G/A - MARTIN MARIETTA MATERIALS INC (0000916076) (Subject)
SC 13G/A - MARTIN MARIETTA MATERIALS INC (0000916076) (Subject)
RALEIGH, N.C., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) ("Martin Marietta" or the "Company") today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.79 per share on the Company's outstanding common stock. This dividend will be payable on March 31, 2025, to shareholders of record at the close of business on March 3, 2025. Martin Marietta, a member of the S&P 500 Index, is an American-based company and a leading supplier of building materials, including aggregates, cement, ready mixed concrete and asphalt. Through a network of operations spanning 28 states, Canada and The Bahamas, dedicated Martin Marietta teams su
Earnings Growth and Margin Expansion Resumed in the Fourth Quarter Achieved Full-Year Records for Aggregates Revenues, Gross Profit and Unit Profitability Completed Aggregates Bolt-Ons in Florida, Southern California and Texas in the Fourth Quarter RALEIGH, N.C., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) ("Martin Marietta" or the "Company"), a leading national supplier of aggregates and heavy building materials, today reported results for the fourth quarter and year ended December 31, 2024. Fourth-Quarter and Full-Year Highlights (Financial highlights are for continuing
RALEIGH, N.C., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) ("Martin Marietta" or the "Company") will host its fourth-quarter and full-year 2024 earnings conference call on Wednesday, February 12, 2025, at 10:00 a.m. Eastern Time. The Company will release results for the quarter and year ended December 31, 2024, that morning before the market opens. A live, listen-only webcast and supplemental information will be accessible on the Investors section of the Company's website at www.martinmarietta.com. The conference call may also be accessed by dialing +1 (646) 307-1963 and using conference ID 1803722. Please dial in at least 15 minutes in advance to ensure a
RALEIGH, N.C., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) ("Martin Marietta" or the "Company") today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.79 per share on the Company's outstanding common stock. This dividend, which represents a cash dividend of $3.16 per share on an annualized basis, is payable December 31, 2024, to shareholders of record at the close of business on December 2, 2024. Martin Marietta, a member of the S&P 500 Index, is an American-based company and a leading supplier of building materials, including aggregates, cement, ready mixed concrete and asphalt. Through a network of operations spa
Achieved Record Quarterly Aggregates Gross Profit Per Ton Despite Weather Impacts Delivered Record Third-Quarter Cash Flows from Operations and Magnesia Specialties Revenues and Gross Profit Acquired Pure Aggregates Assets in South Florida and Southern California RALEIGH, N.C., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) ("Martin Marietta" or the "Company"), a leading national supplier of aggregates and heavy building materials, today reported results for the third quarter ended September 30, 2024. Third-Quarter Highlights (Financial highlights are for continuing operations) Quarter Ended September 30,(In millions, except per share
RALEIGH, N.C., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) ("Martin Marietta" or the "Company") will host its third-quarter 2024 earnings conference call on Wednesday, October 30, 2024, at 10:00 a.m. Eastern Time. The Company will release results for the quarter ended September 30, 2024, that morning before the market opens. A live, listen-only webcast and supplemental information will be accessible on the Investors section of the Company's website at www.martinmarietta.com. The conference call may also be accessed by dialing +1 (646) 307-1963 and using conference ID 7309939. Please dial in at least 15 minutes in advance to ensure a timely connection t
RALEIGH, N.C., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) ("Martin Marietta" or the "Company") today announced that its Board of Directors approved a seven percent increase in its quarterly cash dividend, raising it from $0.74 per share to $0.79 per share on the Company's outstanding common stock. This dividend, representing a cash dividend of $3.16 per share on an annualized basis, is payable September 30, 2024, to shareholders of record at the close of business on September 3, 2024. Ward Nye, Chair, President and Chief Executive Officer, stated, "Today's announced dividend increase marks our ninth consecutive year of doing so, extending Martin Marietta'
Record Second-Quarter Aggregates Gross Profit Per Ton With Pricing Gains Across All Product Lines Closing and Integration of Blue Water Acquisition Reinforces Aggregates-Led Business Model Revised Full-Year Guidance RALEIGH, N.C., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) ("Martin Marietta" or the "Company"), a leading national supplier of aggregates and heavy building materials, today reported results for the second quarter ended June 30, 2024. Second-Quarter Highlights (Financial highlights are for continuing operations) Quarter Ended June 30,(In millions, except per share and per ton)2024 2023 % ChangeRevenues1$1,764 $1,821 (3)%Gross profit2$
RALEIGH, N.C., July 15, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) ("Martin Marietta" or the "Company") will host its second-quarter 2024 earnings conference call on Thursday, August 8, 2024, at 10:00 a.m. Eastern Time. The Company will release results for the quarter ended June 30, 2024, that morning before the market opens. A live, listen-only webcast and supplemental information will be accessible on the Investors section of the Company's website at www.martinmarietta.com. The conference call may also be accessed by dialing +1 (646) 564-2877 and using conference ID 07179. Please dial in at least 15 minutes in advance to ensure a timely connection to the call. A
RALEIGH, N.C., May 16, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) ("Martin Marietta" or the "Company") today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.74 per share on the Company's outstanding common stock. This dividend, which represents a cash dividend of $2.96 per share on an annualized basis, is payable June 28, 2024, to shareholders of record at the close of business on June 3, 2024. Martin Marietta, a member of the S&P 500 Index, is an American-based company and a leading supplier of building materials, including aggregates, cement, ready mixed concrete and asphalt. Through a network of operations spanning 28
RALEIGH, N.C., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) ("Martin Marietta" or the "Company") today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.79 per share on the Company's outstanding common stock. This dividend will be payable on March 31, 2025, to shareholders of record at the close of business on March 3, 2025. Martin Marietta, a member of the S&P 500 Index, is an American-based company and a leading supplier of building materials, including aggregates, cement, ready mixed concrete and asphalt. Through a network of operations spanning 28 states, Canada and The Bahamas, dedicated Martin Marietta teams su
Earnings Growth and Margin Expansion Resumed in the Fourth Quarter Achieved Full-Year Records for Aggregates Revenues, Gross Profit and Unit Profitability Completed Aggregates Bolt-Ons in Florida, Southern California and Texas in the Fourth Quarter RALEIGH, N.C., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) ("Martin Marietta" or the "Company"), a leading national supplier of aggregates and heavy building materials, today reported results for the fourth quarter and year ended December 31, 2024. Fourth-Quarter and Full-Year Highlights (Financial highlights are for continuing
RALEIGH, N.C., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) ("Martin Marietta" or the "Company") will host its fourth-quarter and full-year 2024 earnings conference call on Wednesday, February 12, 2025, at 10:00 a.m. Eastern Time. The Company will release results for the quarter and year ended December 31, 2024, that morning before the market opens. A live, listen-only webcast and supplemental information will be accessible on the Investors section of the Company's website at www.martinmarietta.com. The conference call may also be accessed by dialing +1 (646) 307-1963 and using conference ID 1803722. Please dial in at least 15 minutes in advance to ensure a
RALEIGH, N.C., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) ("Martin Marietta" or the "Company") today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.79 per share on the Company's outstanding common stock. This dividend, which represents a cash dividend of $3.16 per share on an annualized basis, is payable December 31, 2024, to shareholders of record at the close of business on December 2, 2024. Martin Marietta, a member of the S&P 500 Index, is an American-based company and a leading supplier of building materials, including aggregates, cement, ready mixed concrete and asphalt. Through a network of operations spa
RALEIGH, N.C., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) ("Martin Marietta" or the "Company") announced today the pricing of its offering of $750 million aggregate principal amount of 5.150% Senior Notes due 2034 (the "2034 Notes") and $750 million aggregate principal amount of 5.500% Senior Notes due 2054 (the "2054 Notes" and, together with the 2034 Notes, the "Notes"). The 2034 Notes will mature on December 1, 2034, will have an interest rate of 5.150% per annum and will be issued at 99.266% of par value. The 2054 Notes will mature on December 1, 2054, will have an interest rate of 5.500% per annum and will be issued at 98.006% of par value. Interest o
Achieved Record Quarterly Aggregates Gross Profit Per Ton Despite Weather Impacts Delivered Record Third-Quarter Cash Flows from Operations and Magnesia Specialties Revenues and Gross Profit Acquired Pure Aggregates Assets in South Florida and Southern California RALEIGH, N.C., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) ("Martin Marietta" or the "Company"), a leading national supplier of aggregates and heavy building materials, today reported results for the third quarter ended September 30, 2024. Third-Quarter Highlights (Financial highlights are for continuing operations) Quarter Ended September 30,(In millions, except per share
RALEIGH, N.C., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) ("Martin Marietta" or the "Company") will host its third-quarter 2024 earnings conference call on Wednesday, October 30, 2024, at 10:00 a.m. Eastern Time. The Company will release results for the quarter ended September 30, 2024, that morning before the market opens. A live, listen-only webcast and supplemental information will be accessible on the Investors section of the Company's website at www.martinmarietta.com. The conference call may also be accessed by dialing +1 (646) 307-1963 and using conference ID 7309939. Please dial in at least 15 minutes in advance to ensure a timely connection t
RALEIGH, N.C., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) ("Martin Marietta" or the "Company") today announced that its Board of Directors approved a seven percent increase in its quarterly cash dividend, raising it from $0.74 per share to $0.79 per share on the Company's outstanding common stock. This dividend, representing a cash dividend of $3.16 per share on an annualized basis, is payable September 30, 2024, to shareholders of record at the close of business on September 3, 2024. Ward Nye, Chair, President and Chief Executive Officer, stated, "Today's announced dividend increase marks our ninth consecutive year of doing so, extending Martin Marietta'
Record Second-Quarter Aggregates Gross Profit Per Ton With Pricing Gains Across All Product Lines Closing and Integration of Blue Water Acquisition Reinforces Aggregates-Led Business Model Revised Full-Year Guidance RALEIGH, N.C., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) ("Martin Marietta" or the "Company"), a leading national supplier of aggregates and heavy building materials, today reported results for the second quarter ended June 30, 2024. Second-Quarter Highlights (Financial highlights are for continuing operations) Quarter Ended June 30,(In millions, except per share and per ton)2024 2023 % ChangeRevenues1$1,764 $1,821 (3)%Gross profit2$
RALEIGH, N.C., July 15, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) ("Martin Marietta" or the "Company") will host its second-quarter 2024 earnings conference call on Thursday, August 8, 2024, at 10:00 a.m. Eastern Time. The Company will release results for the quarter ended June 30, 2024, that morning before the market opens. A live, listen-only webcast and supplemental information will be accessible on the Investors section of the Company's website at www.martinmarietta.com. The conference call may also be accessed by dialing +1 (646) 564-2877 and using conference ID 07179. Please dial in at least 15 minutes in advance to ensure a timely connection to the call. A