Several brokerages have updated their recommendations and price targets on shares of Martin Marietta Materials (NYSE: MLM) in the last few weeks:
- 10/28/2026 – Martin Marietta Materials had its price target lowered by Stifel Nicolaus from $634.00 to $629.00. They now have a “buy” rating on the stock.
- 10/20/2026 – Martin Marietta Materials was downgraded by Zacks Research from “hold” to “strong sell”.
- 10/16/2026 – Martin Marietta Materials had its price target lowered by Raymond James Financial from $660.00 to $640.00. They now have an “outperform” rating on the stock.
- 10/16/2026 – Martin Marietta Materials was upgraded by DA Davidson from “neutral” to “buy”. They now have a $610.00 price target on the stock.
- 10/13/2026 – Martin Marietta Materials had its price target lowered by JPMorgan Chase & Co. from $680.00 to $650.00. They now have an “overweight” rating on the stock.
- 10/9/2026 – Martin Marietta Materials had its price target lowered by Royal Bank Of Canada from $620.00 to $530.00. They now have a “sector perform” rating on the stock.
- 10/8/2026 – Martin Marietta Materials had its price target lowered by UBS Group from $715.00 to $662.00. They now have a “buy” rating on the stock.
- 10/5/2026 – Martin Marietta Materials had its price target lowered by Truist Financial from $730.00 to $625.00. They now have a “buy” rating on the stock.
- 10/5/2026 – Martin Marietta Materials had its price target lowered by Wells Fargo & Company from $585.00 to $579.00. They now have an “overweight” rating on the stock.
- 10/2/2026 – Martin Marietta Materials had its price target lowered by Stephens from $680.00 to $600.00. They now have an “overweight” rating on the stock.
- 10/2/2026 – Martin Marietta Materials had its price target lowered by Citigroup from $690.00 to $610.00. They now have a “buy” rating on the stock.
- 9/23/2026 – Martin Marietta Materials had its price target lowered by Jefferies Financial Group from $720.00 to $670.00. They now have a “buy” rating on the stock.
- 9/21/2026 – Martin Marietta Materials had its price target lowered by Wells Fargo & Company from $609.00 to $585.00. They now have an “overweight” rating on the stock.
- 9/16/2026 – Martin Marietta Materials had its price target lowered by BNP Paribas Exane from $590.00 to $565.00. They now have a “neutral” rating on the stock.
- 9/9/2026 – Martin Marietta Materials was upgraded by Wells Fargo & Company from “equal weight” to “overweight”. They now have a $609.00 price target on the stock, up from $581.00.
- 9/8/2026 – Martin Marietta Materials had its price target lowered by HSBC from $750.00 to $665.00. They now have a “buy” rating on the stock.
Martin Marietta Materials Trading Up 2.2%
Shares of NYSE:MLM traded up $11.85 during trading on Wednesday, reaching $555.62. The company’s stock had a trading volume of 1,350,974 shares, compared to its average volume of 621,887. The stock has a market capitalization of $33.38 billion, a PE ratio of 13.65, a price-to-earnings-growth ratio of 2.86 and a beta of 1.02. Martin Marietta Materials, Inc. has a 12 month low of $464.92 and a 12 month high of $710.97. The company has a current ratio of 1.41, a quick ratio of 0.73 and a debt-to-equity ratio of 0.44. The firm’s 50 day simple moving average is $502.86 and its two-hundred day simple moving average is $575.04.
Martin Marietta Materials (NYSE:MLM – Get Free Report) last issued its quarterly earnings data on Wednesday, November 4th. The construction company reported $5.47 earnings per share for the quarter, missing the consensus estimate of $5.99 by ($0.52). The company had revenue of $2.37 billion for the quarter, compared to the consensus estimate of $2.24 billion. Martin Marietta Materials had a return on equity of 9.49% and a net margin of 36.73%. The company’s revenue was up 28.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $6.85 earnings per share. On average, research analysts predict that Martin Marietta Materials, Inc. will post 16.29 EPS for the current fiscal year.
Martin Marietta Materials Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 1st were paid a dividend of $0.84 per share. The ex-dividend date of this dividend was Tuesday, September 1st. This is a positive change from Martin Marietta Materials’s previous quarterly dividend of $0.83. This represents a $3.36 annualized dividend and a yield of 0.6%. Martin Marietta Materials’s payout ratio is presently 8.26%.
Martin Marietta Materials, Inc is a supplier of construction materials serving the infrastructure, commercial, residential and industrial markets. The company’s primary business is aggregates, including crushed stone, sand and gravel used in roads, bridges, buildings and other construction projects.
Martin Marietta also produces cement, ready-mixed concrete and asphalt products, and provides paving and related construction services in selected markets. Through its Magnesia Specialties business, the company manufactures magnesium-based and dolomitic lime products used in industrial, environmental and agricultural applications.
Headquartered in Raleigh, North Carolina, Martin Marietta Materials became an independent publicly traded company in 1993 following a spin-off from Martin Marietta Corporation.
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