Martin Marietta Materials, Inc. with ticker code (MLM) have now 23 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $605.50 and $376.00 calculating the mean target share price we have $538.59. (at the time of writing). Now with the previous closing price of $519.91 this would imply there is now a potential upside of 3.6%. It’s also worth noting that there is a 50 day moving average of $489.30 and the 200 moving average now moves to $442.78. The company has a market capitalization of 31.43B. The stock price for the company is currently is currently $508.53 USD
The potential market cap would be $32,560,102,809 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 28.73, revenue per share of $100.37 and a 6.38% 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.
