Martin Marietta Materials, Inc. which can be found using ticker (MLM) now have 23 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $642.00 and $300.00 suggesting an average analyst share price target price of $560.24. (at the time of writing). Given that the stocks previous close was at $535.64 this now indicates there is a potential upside of 4.6%. The day 50 moving average is $501.25 and the 200 day MA is $450.48. The total market capitalization for the company now stands at 33.37B. The stock price for the company is currently $539.87 USD
The potential market cap would be $34,900,317,370 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 27.93, revenue per share of $109.49 and a 6.67% return on assets.
Martin Marietta Materials, Inc. is a natural resource-based building materials company. The Company supplies aggregates (crushed stone, sand and gravel) through its network of approximately 350 quarries, mines and distribution yards in 28 states, Canada and The Bahamas. The Company also provides cement and downstream products, namely, asphalt and paving services, in markets that are naturally vertically integrated. The Company conducts its Building Materials business through two segments, such as East Group and West Group. The East Group provides aggregates and asphalt products. The West Group provides aggregates, cement, downstream products and paving services. The Company also operates a Magnesia Specialties business, which produces magnesia-based chemical products that are used in industrial, agricultural and environmental applications. It also produces dolomitic lime sold primarily to customers for steel production and soil stabilization.
