Martin Marietta Materials (NYSE:MLM) Shares Gap Down on Disappointing Earnings

Shares of Martin Marietta Materials, Inc. (NYSE:MLM) gapped down prior to trading on Wednesday after the company announced weaker than expected quarterly earnings. The stock had previously closed at $708.11, but opened at $679.80. Martin Marietta Materials shares last traded at $676.9220, with a volume of 242,717 shares trading hands.

The construction company reported $4.62 earnings per share for the quarter, missing the consensus estimate of $4.81 by ($0.19). The business had revenue of $1.53 billion during the quarter, compared to analysts’ expectations of $1.66 billion. Martin Marietta Materials had a net margin of 17.38% and a return on equity of 10.86%. The business’s revenue was up 9.3% on a year-over-year basis. During the same period in the previous year, the business earned $4.79 EPS.

Key Headlines Impacting Martin Marietta Materials

Here are the key news stories impacting Martin Marietta Materials this week:

• Positive Sentiment: Jefferies raised its price target to $761 and reaffirmed a “buy” rating, signaling upside from current levels and support from at least one sell‑side bull. Jefferies raises price target on Martin Marietta
• Positive Sentiment: Management outlined a $2.49B adjusted EBITDA target for 2026 and reiterated progress on its SOAR 2030 strategy, giving investors a multi‑year profitability roadmap despite near‑term weakness. Martin Marietta outlines adjusted EBITDA target
• Neutral Sentiment: Leadership update — George F. Schoen will join as Executive VP, General Counsel and Corporate Secretary in March, strengthening the management team as strategy executes. Martin Marietta appoints new general counsel
• Neutral Sentiment: Earnings call transcript and presentation materials are available for deeper read — useful for investors analyzing segment trends and margin drivers. Q4 2025 earnings call transcript
• Negative Sentiment: Q4 results missed: EPS $4.62 vs. consensus ~$4.81 and revenue $1.53B vs. ~$1.66B; company gave weaker FY‑2026 revenue guidance of $6.4–6.8B versus the ~$7.1B street estimate — the primary near‑term negative driver. MLM misses Q4 revenue estimates
• Negative Sentiment: Shares fell following the miss and soft guidance — several media reports and market reaction show immediate selling pressure. Shares fall after earnings miss
• Negative Sentiment: Wells Fargo trimmed its price target to $612 and moved to “equal weight,” reflecting increased near‑term caution from another major analyst. Wells Fargo lowers Martin Marietta target

Wall Street Analysts Forecast Growth

MLM has been the topic of several analyst reports. B. Riley Financial assumed coverage on shares of Martin Marietta Materials in a research note on Thursday, January 15th. They issued a “neutral” rating and a $700.00 target price on the stock. Raymond James Financial raised their target price on Martin Marietta Materials from $645.00 to $680.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 21st. Citigroup boosted their price objective on shares of Martin Marietta Materials from $754.00 to $758.00 and gave the company a “buy” rating in a research report on Thursday, January 8th. DA Davidson set a $680.00 target price on shares of Martin Marietta Materials in a report on Thursday. Finally, UBS Group increased their price target on Martin Marietta Materials from $705.00 to $723.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. Nine investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Martin Marietta Materials currently has a consensus rating of “Moderate Buy” and an average target price of $683.00.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Johnson Financial Group Inc. grew its stake in Martin Marietta Materials by 105.8% during the 4th quarter. Johnson Financial Group Inc. now owns 212 shares of the construction company’s stock valued at $132,000 after acquiring an additional 109 shares in the last quarter. HRT Financial LP purchased a new stake in shares of Martin Marietta Materials in the 4th quarter valued at approximately $1,290,000. Insigneo Advisory Services LLC raised its position in Martin Marietta Materials by 23.0% in the fourth quarter. Insigneo Advisory Services LLC now owns 502 shares of the construction company’s stock valued at $312,000 after purchasing an additional 94 shares during the period. Brooklyn Investment Group raised its holdings in shares of Martin Marietta Materials by 14.6% in the 4th quarter. Brooklyn Investment Group now owns 3,354 shares of the construction company’s stock valued at $2,137,000 after buying an additional 427 shares during the period. Finally, Orion Porfolio Solutions LLC increased its stake in Martin Marietta Materials by 12.9% during the fourth quarter. Orion Porfolio Solutions LLC now owns 5,888 shares of the construction company’s stock worth $3,666,000 after purchasing an additional 675 shares during the period. Hedge funds and other institutional investors own 95.04% of the company’s stock.

Martin Marietta Materials Stock Performance

The firm has a 50 day moving average price of $645.50 and a 200-day moving average price of $624.96. The firm has a market capitalization of $39.86 billion, a price-to-earnings ratio of 35.15 and a beta of 1.16. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.57 and a quick ratio of 2.07.

About Martin Marietta Materials

Martin Marietta Materials, Inc (NYSE: MLM) is a leading producer of aggregates and heavy building materials serving the construction and infrastructure markets. The company operates quarries, sand and gravel pits, and other extraction sites to supply crushed stone, sand and gravel, and a range of value‑added products for use in roads, bridges, commercial and residential construction, and other civil engineering projects.

In addition to its core aggregates business, Martin Marietta manufactures and sells asphalt, ready‑mixed concrete and related materials and services.