Zacks Research Has Optimistic Outlook of MLM Q1 Earnings

Martin Marietta Materials, Inc. (NYSE:MLM) – Equities research analysts at Zacks Research raised their Q1 2025 EPS estimates for shares of Martin Marietta Materials in a research note issued to investors on Tuesday, April 29th. Zacks Research analyst R. Department now expects that the construction company will post earnings of $1.90 per share for the quarter, up from their previous estimate of $1.56. The consensus estimate for Martin Marietta Materials’ current full-year earnings is $19.53 per share. Zacks Research also issued estimates for Martin Marietta Materials’ Q3 2025 earnings at $6.57 EPS, Q4 2025 earnings at $4.74 EPS, FY2025 earnings at $18.53 EPS, Q1 2026 earnings at $1.85 EPS, Q2 2026 earnings at $5.76 EPS, Q3 2026 earnings at $6.79 EPS, Q4 2026 earnings at $4.74 EPS, FY2026 earnings at $19.13 EPS and FY2027 earnings at $21.43 EPS.

Martin Marietta Materials (NYSE:MLM) last posted its earnings results on Wednesday, April 30th. The construction company reported $1.90 earnings per share for the quarter, beating analysts’ consensus estimates of $1.88 by $0.02. The business had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.36 billion. Martin Marietta Materials had a net margin of 30.54% and a return on equity of 12.11%. The firm’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.93 earnings per share.

Several other analysts have also recently weighed in on the stock. Wolfe Research raised shares of Martin Marietta Materials from a “peer perform” rating to an “outperform” rating and set a $563.00 price objective on the stock in a research note on Wednesday, January 8th. Stephens decreased their price objective on shares of Martin Marietta Materials from $675.00 to $650.00 and set an “overweight” rating on the stock in a research note on Thursday, February 13th. Citigroup decreased their price objective on shares of Martin Marietta Materials from $701.00 to $600.00 and set a “buy” rating on the stock in a research note on Monday, January 6th. Raymond James decreased their price objective on shares of Martin Marietta Materials from $600.00 to $597.00 and set an “outperform” rating on the stock in a research note on Tuesday. Finally, UBS Group lowered shares of Martin Marietta Materials from a “buy” rating to a “neutral” rating and set a $491.00 target price on the stock. in a research report on Monday, April 7th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $603.23.

Martin Marietta Materials Price Performance

Shares of Martin Marietta Materials stock opened at $523.66 on Thursday. The company has a current ratio of 2.50, a quick ratio of 1.40 and a debt-to-equity ratio of 0.56. The stock has a market capitalization of $31.73 billion, a price-to-earnings ratio of 16.20, a P/E/G ratio of 4.45 and a beta of 0.81. Martin Marietta Materials has a 1-year low of $441.95 and a 1-year high of $633.23. The firm’s 50-day moving average price is $484.39 and its two-hundred day moving average price is $530.82.

Institutional Trading of Martin Marietta Materials

A number of institutional investors have recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of Martin Marietta Materials by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 7,174,183 shares of the construction company’s stock valued at $3,705,466,000 after purchasing an additional 36,531 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Martin Marietta Materials by 23.3% in the third quarter. JPMorgan Chase & Co. now owns 2,678,425 shares of the construction company’s stock valued at $1,441,663,000 after purchasing an additional 506,705 shares in the last quarter. Principal Financial Group Inc. lifted its holdings in shares of Martin Marietta Materials by 6.6% in the first quarter. Principal Financial Group Inc. now owns 1,940,423 shares of the construction company’s stock valued at $927,775,000 after purchasing an additional 120,679 shares in the last quarter. Amundi lifted its holdings in shares of Martin Marietta Materials by 10.5% in the fourth quarter. Amundi now owns 1,562,146 shares of the construction company’s stock valued at $808,005,000 after purchasing an additional 148,065 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in Martin Marietta Materials by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 1,472,411 shares of the construction company’s stock worth $758,499,000 after acquiring an additional 32,082 shares in the last quarter. 95.04% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, SVP Michael J. Petro acquired 550 shares of the firm’s stock in a transaction that occurred on Tuesday, March 4th. The stock was acquired at an average cost of $454.37 per share, with a total value of $249,903.50. Following the completion of the purchase, the senior vice president now directly owns 8,985 shares in the company, valued at approximately $4,082,514.45. This trade represents a 6.52 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Donald A. Mccunniff sold 1,332 shares of Martin Marietta Materials stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $475.00, for a total value of $632,700.00. Following the sale, the executive vice president now directly owns 3,523 shares of the company’s stock, valued at approximately $1,673,425. This trade represents a 27.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.68% of the stock is owned by insiders.

Martin Marietta Materials Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 3rd were paid a dividend of $0.79 per share. The ex-dividend date was Monday, March 3rd. This represents a $3.16 dividend on an annualized basis and a dividend yield of 0.60%. Martin Marietta Materials’s dividend payout ratio (DPR) is presently 9.77%.

About Martin Marietta Materials

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 for use in the infrastructure projects, and nonresidential and residential construction markets, as well as in the railroad, agricultural, utility, and environmental industries.