Media coverage about Martin Marietta Materials (NYSE:MLM) has been trending somewhat positive on Friday, Accern Sentiment reports. Accern scores the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Martin Marietta Materials earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave media stories about the construction company an impact score of 46.3368870466143 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Martin Marietta Materials (MLM) traded up $1.12 during trading on Friday, hitting $230.76. The stock had a trading volume of 479,369 shares, compared to its average volume of 627,837. The stock has a market cap of $14,510.00, a P/E ratio of 33.64, a price-to-earnings-growth ratio of 1.92 and a beta of 1.12. The company has a current ratio of 2.73, a quick ratio of 1.50 and a debt-to-equity ratio of 0.38. Martin Marietta Materials has a 52 week low of $191.09 and a 52 week high of $244.32.
Martin Marietta Materials (NYSE:MLM) last released its quarterly earnings data on Thursday, November 2nd. The construction company reported $2.39 EPS for the quarter, missing analysts’ consensus estimates of $2.45 by ($0.06). The firm had revenue of $1.02 million during the quarter, compared to analysts’ expectations of $1.07 billion. Martin Marietta Materials had a return on equity of 10.39% and a net margin of 11.03%. The business’s revenue for the quarter was down 1.5% compared to the same quarter last year. During the same quarter last year, the business earned $2.49 earnings per share. analysts expect that Martin Marietta Materials will post 6.82 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Stockholders of record on Friday, December 1st were issued a $0.44 dividend. The ex-dividend date was Thursday, November 30th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 0.76%. Martin Marietta Materials’s dividend payout ratio (DPR) is 25.66%.
Several equities analysts recently weighed in on the company. Stephens reiterated a “hold” rating and set a $250.00 target price on shares of Martin Marietta Materials in a research report on Wednesday, January 3rd. DA Davidson reiterated a “hold” rating and set a $225.00 target price on shares of Martin Marietta Materials in a research report on Friday, November 3rd. Barclays assumed coverage on Martin Marietta Materials in a research report on Tuesday, December 12th. They set an “equal weight” rating and a $227.00 target price on the stock. Citigroup reiterated a “buy” rating and set a $260.00 target price (down from $270.00) on shares of Martin Marietta Materials in a research report on Monday, October 9th. Finally, Jefferies Group restated a “buy” rating and issued a $240.00 price objective on shares of Martin Marietta Materials in a report on Wednesday, October 11th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $240.50.
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About Martin Marietta Materials
Martin Marietta Materials, Inc is a supplier of aggregates products (crushed stone, sand, and gravel) used for the construction of infrastructure, nonresidential, and residential projects. Aggregates products are also used for railroad ballast and in agricultural, utility and environmental applications.
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