Martin Marietta Materials, Inc. (MLM) Analysts See $3.44 EPS

Martin Marietta Materials, Inc. (NYSE:MLM) Logo
Investors sentiment decreased to 0.94 in 2019 Q2. Its down 0.08, from 1.02 in 2019Q1. It dived, as 28 investors sold Martin Marietta Materials, Inc. shares while 173 reduced holdings. 61 funds opened positions while 128 raised stakes. 61.75 million shares or 3.55% less from 64.02 million shares in 2019Q1 were reported.
Mader And Shannon Wealth Mgmt owns 5,407 shares. Moreover, Hudson Bay Capital Mgmt Lp has 0.02% invested in Martin Marietta Materials, Inc. (NYSE:MLM). Quantitative Investment Mngmt Ltd Com has invested 0.07% in Martin Marietta Materials, Inc. (NYSE:MLM). Moreover, Goldman Sachs Group Inc has 0.12% invested in Martin Marietta Materials, Inc. (NYSE:MLM). Private Wealth Prtn Ltd Liability Corp stated it has 0.08% in Martin Marietta Materials, Inc. (NYSE:MLM). Amalgamated Bancorp stated it has 0.05% of its portfolio in Martin Marietta Materials, Inc. (NYSE:MLM). Meag Munich Ergo Kapitalanlagegesellschaft Mbh holds 2,238 shares. Hwg L P stated it has 0.19% in Martin Marietta Materials, Inc. (NYSE:MLM). Campbell Invest Adviser Lc has invested 0.13% in Martin Marietta Materials, Inc. (NYSE:MLM). 3,552 are owned by Lmr Prtnrs Ltd Liability Partnership. Commonwealth Savings Bank Of Aus invested in 196 shares. Tocqueville Asset Management Limited Partnership owns 56,996 shares or 0.17% of their US portfolio. Findlay Park Limited Liability Partnership reported 497,529 shares or 1.02% of all its holdings. Panagora Asset accumulated 7,015 shares. Motco has invested 0.01% in Martin Marietta Materials, Inc. (NYSE:MLM).

Analysts expect Martin Marietta Materials, Inc. (NYSE:MLM) to report $3.44 EPS on November, 5.They anticipate $0.59 EPS change or 20.70 % from last quarter’s $2.85 EPS. MLM’s profit would be $215.81M giving it 19.04 P/E if the $3.44 EPS is correct. After having $3.01 EPS previously, Martin Marietta Materials, Inc.’s analysts see 14.29 % EPS growth. The stock increased 0.82% or $2.14 during the last trading session, reaching $261.93. About 639,865 shares traded or 13.60% up from the average. Martin Marietta Materials, Inc. (NYSE:MLM) has risen 22.83% since October 7, 2018 and is uptrending. It has outperformed by 22.83% the S&P500.

Martin Marietta Materials, Inc. (NYSE:MLM) Ratings Coverage

Among 3 analysts covering Martin Marietta Materials (NYSE:MLM), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Martin Marietta Materials has $28500 highest and $232 lowest target. $255.25’s average target is -2.55% below currents $261.93 stock price. Martin Marietta Materials had 8 analyst reports since April 12, 2019 according to SRatingsIntel. Longbow maintained Martin Marietta Materials, Inc. (NYSE:MLM) on Wednesday, July 31 with “Buy” rating. On Thursday, September 5 the stock rating was maintained by JP Morgan with “Overweight”. The firm has “Buy” rating by Goldman Sachs given on Friday, April 12.

Martin Marietta Materials, Inc., together with its subsidiaries, supplies aggregates products and heavy building materials for the construction industry in the United States and internationally. The company has market cap of $16.43 billion. The firm mines, processes, and sells granite, limestone, sand, gravel, and other aggregate products for use in the public infrastructure, and nonresidential and residential construction industries, as well as in the agriculture, railroad ballast, chemical, and other applications. It has a 32.56 P/E ratio. It also offers asphalt products, ready mixed concrete, and road paving construction services; and produces Portland and specialty cements for use in infrastructure projects, and nonresidential and residential construction, as well as in the railroad, agricultural, utility, and environmental industries.

More notable recent Martin Marietta Materials, Inc. (NYSE:MLM) news were published by: Seekingalpha.com which released: “JPMorgan picks up Vulcan, Martin Marietta Materials coverage as a bull – Seeking Alpha” on March 21, 2019, also Seekingalpha.com with their article: “Martin Marietta Materials Q2 2019 Earnings Preview – Seeking Alpha” published on July 29, 2019, Benzinga.com published: “Benzinga’s Top Upgrades, Downgrades For June 6, 2019 – Benzinga” on June 06, 2019. More interesting news about Martin Marietta Materials, Inc. (NYSE:MLM) were released by: Benzinga.com and their article: “Stocks That Hit 52-Week Highs On Monday – Benzinga” published on September 30, 2019 as well as Finance.Yahoo.com‘s news article titled: “Martin Marietta (MLM) to Post Q2 Earnings: What’s in Store? – Yahoo Finance” with publication date: July 26, 2019.

Martin Marietta Materials, Inc. (NYSE:MLM) Institutional Positions Chart

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