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Martin Marietta Materials, Inc (MLM) is a leading building materials business with stocks listed in the US. It opened the day at US$352.87 after a previous close of US$350.05. During the day the price has varied from a low of USD350.65 to a high of USD354.97. The latest price was USD352.68 (25 minute delay). Martin Marietta Materials is listed on the NYSE. All prices are listed in US Dollars.
How to buy shares in Martin Marietta Materials
- Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
- Search for Martin Marietta Materials. Find the share by name or ticker symbol: MLM. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Martin Marietta Materials reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At last close price of US$351.77, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Martin Marietta Materials, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Martin Marietta Materials. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- Martin Marietta Materials key stats
- Compare share trading platforms
- Is Martin Marietta Materials stock a buy or sell?
- Martin Marietta Materials performance over time
- Can I short Martin Marietta Materials shares?
- Is Martin Marietta Materials suitable for ethical investing?
- Are Martin Marietta Materials shares over-valued?
- Martin Marietta Materials's financials
- How volatile are Martin Marietta Materials shares?
- Does Martin Marietta Materials pay a dividend?
- Other common questions
Martin Marietta Materials share priceUse our graph to track the performance of MLM stocks over time.
Martin Marietta Materials shares at a glance
|52-week range||US$186.802 - US$383.1201|
|50-day moving average||US$363.4371|
|200-day moving average||US$323.9381|
|Dividend yield||US$2.26 (0.62%)|
|Earnings per share (TTM)||US$12.171|
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Is it a good time to buy Martin Marietta Materials stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Martin Marietta Materials price performance over time
|1 week (2021-06-04)||0.26%|
|1 month (2021-05-14)||-6.69%|
|3 months (2021-03-12)||2.57%|
|6 months (2020-12-11)||31.99%|
|1 year (2020-06-12)||78.98%|
|2 years (2019-06-13)||58.46%|
|3 years (2018-06-13)||53.37%|
|5 years (2016-06-13)||92.84%|
Is Martin Marietta Materials under- or over-valued?
Valuing Martin Marietta Materials stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Martin Marietta Materials's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Martin Marietta Materials's P/E ratio
Martin Marietta Materials's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 30x. In other words, Martin Marietta Materials shares trade at around 30x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Martin Marietta Materials's PEG ratio
Martin Marietta Materials's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.6154. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Martin Marietta Materials's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Martin Marietta Materials's EBITDA
Martin Marietta Materials's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$1.4 billion.
The EBITDA is a measure of a Martin Marietta Materials's overall financial performance and is widely used to measure a its profitability.
Martin Marietta Materials financials
|Revenue TTM||US$4.5 billion|
|Operating margin TTM||22.22%|
|Gross profit TTM||US$1.3 billion|
|Return on assets TTM||5.86%|
|Return on equity TTM||13.55%|
|Market capitalisation||US$22.4 billion|
TTM: trailing 12 months
Shorting Martin Marietta Materials shares
There are currently 523,856 Martin Marietta Materials shares held short by investors – that's known as Martin Marietta Materials's "short interest". This figure is 16.1% up from 451,297 last month.
There are a few different ways that this level of interest in shorting Martin Marietta Materials shares can be evaluated.
Martin Marietta Materials's "short interest ratio" (SIR)
Martin Marietta Materials's "short interest ratio" (SIR) is the quantity of Martin Marietta Materials shares currently shorted divided by the average quantity of Martin Marietta Materials shares traded daily (recently around 321384.04907975). Martin Marietta Materials's SIR currently stands at 1.63. In other words for every 100,000 Martin Marietta Materials shares traded daily on the market, roughly 1630 shares are currently held short.
However Martin Marietta Materials's short interest can also be evaluated against the total number of Martin Marietta Materials shares, or, against the total number of tradable Martin Marietta Materials shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Martin Marietta Materials's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Martin Marietta Materials shares in existence, roughly 10 shares are currently held short) or 0.0094% of the tradable shares (for every 100,000 tradable Martin Marietta Materials shares, roughly 9 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Martin Marietta Materials.
Find out more about how you can short Martin Marietta Materials stock.
Martin Marietta Materials's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Martin Marietta Materials.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Martin Marietta Materials's total ESG risk score
Total ESG risk: 30
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Martin Marietta Materials's overall score of 30 (as at 12/31/2018) is pretty weak – landing it in it in the 63rd percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Martin Marietta Materials is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Martin Marietta Materials's environmental score
Environmental score: 18.22/100
Martin Marietta Materials's social score
Social score: 1.66/100
Martin Marietta Materials's governance score
Governance score: 8.11/100
Martin Marietta Materials's controversy score
Controversy score: 2/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Martin Marietta Materials scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Martin Marietta Materials has, for the most part, managed to keep its nose clean.
Environmental, social, and governance (ESG) summary
|Total ESG score||30|
|Total ESG percentile||62.84|
|Level of controversy||2|
Martin Marietta Materials share dividends
Dividend payout ratio: 20.15% of net profits
Recently Martin Marietta Materials has paid out, on average, around 20.15% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.63% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Martin Marietta Materials shareholders could enjoy a 0.63% return on their shares, in the form of dividend payments. In Martin Marietta Materials's case, that would currently equate to about $2.26 per share.
While Martin Marietta Materials's payout ratio might seem low, this can signify that Martin Marietta Materials is investing more in its future growth.
Martin Marietta Materials's most recent dividend payout was on 29 June 2021. The latest dividend was paid out to all shareholders who bought their shares by 27 May 2021 (the "ex-dividend date").
Martin Marietta Materials share price volatility
Over the last 12 months, Martin Marietta Materials's shares have ranged in value from as little as US$186.802 up to US$383.1201. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Martin Marietta Materials's is 0.6484. This would suggest that Martin Marietta Materials's shares are less volatile than average (for this exchange).
Martin Marietta Materials overview
Martin Marietta Materials, Inc., a natural resource-based building materials company, supplies aggregates and heavy-side building materials to the construction industry in the United States and internationally. It offers crushed stone, sand, and gravel products; ready mixed concrete and asphalt; paving products and services; and Portland and specialty cement used in the infrastructure projects, and nonresidential and residential construction markets, as well as in the railroad, agricultural, utility, and environmental industries. The company also manufactures and markets magnesia-based chemical products for the industrial, agricultural, and environmental applications; and dolomitic lime primarily for customers in the steel and mining industries. Its chemical products are used in flame retardants, wastewater treatment, pulp and paper production, and other environmental applications. The company was founded in 1939 and is headquartered in Raleigh, North Carolina.
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