Martin Marietta Materials with ticker code (MLM) now have 20 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 480 and 350 calculating the mean target price we have $424.85. Given that the stocks previous close was at $337.38 and the analysts are correct then we can expect a percentage increase in value of 25.9%. The 50 day MA is $353.95 and the 200 day moving average is $341.24. The company has a market cap of $20,197m. Visit the company website at: https://www.martinmarietta.com
The potential market cap would be $25,433m based on the market consensus.
Martin Marietta Materials, 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. The company also produces magnesia-based chemicals products; dolomitic lime primarily to customers for steel production and soil stabilization; and cement treated materials. Its chemical products are used in flame retardants, wastewater treatment, pulp and paper production, and other environmental applications. Martin Marietta Materials was founded in 1939 and is headquartered in Raleigh, North Carolina.
The company has a dividend yield of 0.78% with the ex dividend date set at 3-3-2023 (DMY).
Other points of data to note are a P/E ratio of 24.64, revenue per share of 91.98 and a 4.62% return on assets.
