# Martin Marietta Materials, Inc.  Share Price Target ‘$660.85’, now 21.5% Upside Potential

- Link: https://www.directorstalkinterviews.com/martin-marietta-materials-inc.share-price-target-660.85-now-21.5-upside-potential/4121162142
- Published: 2024-06-25T14:32:33+01:00
- Author: Charlotte Edwards

**Martin Marietta Materials, Inc.** which can be found using ticker (MLM) have now
21 analysts in total covering the stock. The consensus rating is pointing to ‘buy’.
The target price High/Low ranges between $737.00 and $543.00 and has a mean share
price target at $660.85. (at the time of writing). Given that the stocks previous
close was at $544.13 and the analysts are correct then we can expect a percentage
increase in value of 21.5%. Also worth taking note is the 50 day moving average 
now sits at $579.53 and the 200 day MA is $516.69. The company has a market capitalization
of 33.36B. The stock price is currently at: $541.17 USD

 The potential market cap would be $40,513,332,005 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 15.9, revenue per share of $107.95
and a 6.08% 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.

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