MARTIN MARIETTA MATERIALS INC
No SEC Form 4 filings for $MLM in the last 30 days.
Analyst coverage of Martin Marietta (MLM) shows a “Moderate Buy” consensus: 11 “Strong Buy,” one “Moderate Buy,” and eight “Hold” ratings out of 20 analysts. On May 10, UBS lowered its price target to $739 while keeping a “Buy” rating. The mean target is $687.65 (28.2% above current price) and the high is $745 (38.9% upside).
Martin Marietta Materials (MLM) shares fell despite strong quarterly results and ongoing aggregates expansion, as rising Treasury yields, sector earnings revisions, and higher diesel costs weighed on building-materials sentiment. The article cites a 30-day return of -12.81% and YTD of -15.44%. It pegs “fair value” near $700.04 versus a $536.48 close, with analyst targets ranging from $440 to $804.
Martin Marietta Materials, Inc. (MLM) is expanding its aggregates business, driven by strong infrastructure and heavy nonresidential demand. The company reported a 17% increase in Q1 revenue and a 12.4% rise in aggregates shipments. This strategic focus is evidenced by recent asset exchanges and acquisitions, including operations from QUIKRETE and New Frontier Materials, solidifying its position in construction materials markets.
