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How to buy Mueller Industries stock | $51.65

Learn how to easily invest in Mueller Industries stock.

Mueller Industries Inc is a metal fabrication business based in the US. Mueller Industries shares (MLI) are listed on the NYSE and all prices are listed in US Dollars. Mueller Industries employs 5,007 staff and has a trailing 12-month revenue of around 0.00.

How to buy shares in Mueller Industries

  1. Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – MLI – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Mueller Industries stock price (NYSE: MLI)

Use our graph to track the performance of MLI stocks over time.

Mueller Industries shares at a glance

Information last updated 2021-10-24.
Latest market close$51.65
52-week range$27.44 - $49.65
50-day moving average $42.95
200-day moving average $44.00
Wall St. target price$100.00
PE ratio 7.3564
Dividend yield $0.49 (1.02%)
Earnings per share (TTM) $6.68

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Mueller Industries 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.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Mueller Industries price performance over time

Historical closes compared with the close of $51.65 from 2021-10-25

1 week (2021-10-20) 9.96%
1 month (2021-09-27) 21.87%
3 months (2021-07-27) 20.56%
6 months (2021-04-27) 12.97%
1 year (2020-10-26) 75.50%
2 years (2019-10-25) 67.42%
3 years (2018-10-26) 105.61%
5 years (2016-10-26) 70.07%

Is Mueller Industries under- or over-valued?

Valuing Mueller Industries stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Mueller Industries's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Mueller Industries's P/E ratio

Mueller Industries's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 7x. In other words, Mueller Industries shares trade at around 7x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Mueller Industries's EBITDA

Mueller Industries's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $543.4 million.

The EBITDA is a measure of a Mueller Industries's overall financial performance and is widely used to measure a its profitability.

Mueller Industries financials

Revenue TTM $3.5 billion
Operating margin TTM 14.27%
Gross profit TTM $431.9 million
Return on assets TTM 19.76%
Return on equity TTM 41.35%
Profit margin 10.87%
Book value $19.31
Market capitalisation $2.8 billion

TTM: trailing 12 months

Shorting Mueller Industries shares

There are currently 665,491 Mueller Industries shares held short by investors – that's known as Mueller Industries's "short interest". This figure is 6.6% up from 624,423 last month.

There are a few different ways that this level of interest in shorting Mueller Industries shares can be evaluated.

Mueller Industries's "short interest ratio" (SIR)

Mueller Industries's "short interest ratio" (SIR) is the quantity of Mueller Industries shares currently shorted divided by the average quantity of Mueller Industries shares traded daily (recently around 180839.94565217). Mueller Industries's SIR currently stands at 3.68. In other words for every 100,000 Mueller Industries shares traded daily on the market, roughly 3680 shares are currently held short.

However Mueller Industries's short interest can also be evaluated against the total number of Mueller Industries shares, or, against the total number of tradable Mueller Industries shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Mueller Industries's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Mueller Industries shares in existence, roughly 10 shares are currently held short) or 0.0187% of the tradable shares (for every 100,000 tradable Mueller Industries shares, roughly 19 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 Mueller Industries.

Find out more about how you can short Mueller Industries stock.

Mueller Industries share dividends

7%

Dividend payout ratio: 7.34% of net profits

Recently Mueller Industries has paid out, on average, around 7.34% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.06% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Mueller Industries shareholders could enjoy a 1.06% return on their shares, in the form of dividend payments. In Mueller Industries's case, that would currently equate to about $0.49 per share.

While Mueller Industries's payout ratio might seem low, this can signify that Mueller Industries is investing more in its future growth.

Mueller Industries's most recent dividend payout was on 16 September 2021. The latest dividend was paid out to all shareholders who bought their shares by 1 September 2021 (the "ex-dividend date").

Have Mueller Industries's shares ever split?

Mueller Industries's shares were split on a 2:1 basis on 30 March 2014. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Mueller Industries shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Mueller Industries shares which in turn could have impacted Mueller Industries's share price.

Mueller Industries share price volatility

Over the last 12 months, Mueller Industries's shares have ranged in value from as little as $27.4357 up to $49.65. A popular way to gauge a stock's volatility is its "beta".

MLI.US volatility(beta: 1.19)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Mueller Industries's is 1.1942. This would suggest that Mueller Industries's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Mueller Industries overview

Mueller Industries, Inc. manufactures and sells copper, brass, aluminum, and plastic products in the United States, the United Kingdom, Canada, South Korea, the Middle East, China, and Mexico. The company's Piping Systems segment offers copper tubes, fittings, line sets, and pipe nipples; PEX plumbing and radiant systems; and plumbing-related fittings and plastic injection tooling. It also resells steel pipes, brass and plastic plumbing valves, malleable iron fittings and faucets, and plumbing specialties; and supplies water tubes. This segment sells its products to wholesalers in the plumbing and refrigeration markets, distributors to the manufactured housing and recreational vehicle industries, building material retailers, and air-conditioning original equipment manufacturers (OEMs). The company's Industrial Metals segment manufactures brass, bronze, and copper alloy rods; copper bar and alloy shapes; plumbing brass, valves, and fittings; cold-form aluminum and copper products; machining of aluminum, steel, brass, and cast iron impacts and castings; brass and aluminum forgings; brass, aluminum, and stainless-steel valves; fluid control solutions; and gas train assembles to OEMs in the industrial, construction, HVAC, plumbing, and refrigeration markets. Its Climate segment offers valves, protection devices, brass fittings, and tubular assemblies and fabrications for various OEMs in the commercial HVAC and refrigeration markets; high-pressure components and accessories for the air-conditioning and refrigeration markets; coaxial heat exchangers and twisted tubes for the HVAC, geothermal, refrigeration, swimming pool heat pump, marine, ice machine, commercial boiler, and heat reclamation markets; insulated HVAC flexible duct systems; and brazed manifolds, headers, and distributor assemblies.

Frequently asked questions

What percentage of Mueller Industries is owned by insiders or institutions?
Currently 2.844% of Mueller Industries shares are held by insiders and 92.23% by institutions.
How many people work for Mueller Industries?
Latest data suggests 5,007 work at Mueller Industries.
When does the fiscal year end for Mueller Industries?
Mueller Industries's fiscal year ends in December.
Where is Mueller Industries based?
Mueller Industries's address is: 150 Schilling Boulevard, Collierville, TN, United States, 38017
What is Mueller Industries's ISIN number?
Mueller Industries's international securities identification number is: US6247561029
What is Mueller Industries's CUSIP number?
Mueller Industries's Committee on Uniform Securities Identification Procedures number is: 624756102

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