Finder makes money from featured partners, but editorial opinions are our own. Advertiser Disclosure
How to buy Mueller Industries stock
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 5,337 staff and has a trailing 12-month revenue of around $4.1 billion.
How to buy shares in Mueller Industries
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- 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.
- 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.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
Mueller Industries stock price (NYSE: MLI)Use our graph to track the performance of MLI stocks over time.
Mueller Industries shares at a glance
|Latest market close||$59.44|
|52-week range||$40.46 - $70.10|
|50-day moving average||$64.19|
|200-day moving average||$57.71|
|Wall St. target price||$125.00|
|Dividend yield||$0.76 (1.72%)|
|Earnings per share (TTM)||$11.65|
Buy Mueller Industries shares from these brokeragesCompare special offers, low fees and a wide range of types of investments among top trading platforms.
*Signup bonus information updated weekly.
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
|1 week (2022-09-23)||2.50%|
|1 month (2022-08-28)||N/A|
|3 months (2022-07-01)||11.56%|
|6 months (2022-03-28)||N/A|
|1 year (2021-10-01)||42.68%|
|2 years (2020-10-01)||119.82%|
|3 years (2019-10-01)||114.58%|
|5 years (2017-09-29)||70.07%|
Is Mueller Industries stock undervalued or overvalued?
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 5x. In other words, Mueller Industries shares trade at around 5x 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 $875.2 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||$4.1 billion|
|Operating margin TTM||20.26%|
|Gross profit TTM||$830.4 million|
|Return on assets TTM||27.06%|
|Return on equity TTM||52.85%|
|Market capitalisation||$3.3 billion|
TTM: trailing 12 months
Mueller Industries share dividends
Dividend payout ratio: 9.6% of net profits
Recently Mueller Industries has paid out, on average, around 9.6% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.72% 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 1.72% return on their shares, in the form of dividend payments. In Mueller Industries's case, that would currently equate to about $0.76 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 15 September 2022. The latest dividend was paid out to all shareholders who bought their shares by 31 August 2022 (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 $40.4565 up to $70.0976. A popular way to gauge a stock's volatility is its "beta".
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 1.1458. 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. It operates through three segments: Piping Systems, Industrial Metals, and Climate. The 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 Industrial Metals segment manufactures brass, bronze, and copper alloy rods; 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.
Mueller Industries in the news
7 Small Company Stocks You Should Own Now
Sidoti's September Small-Cap Virtual Conference
7 Water Stocks With the Highest Dividends to Buy Now
Frequently asked questionsWhat percentage of Mueller Industries is owned by insiders or institutions?
Currently 3.005% of Mueller Industries shares are held by insiders and 93.085% by institutions. How many people work for Mueller Industries?
Latest data suggests 5,337 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
More guides on Finder
How to buy YanGuFang International Group (YGF) stock when it goes public
Everything we know about the YanGuFang International Group IPO, plus information on how to buy in.
What are the FAANG stocks and how do you invest in them?
Looking to invest in tech? Here’s how to buy shares in the major tech companies, known as FAANG stocks.
How to buy soccer stocks
A simple guide to buying stocks in your favorite European soccer team.
How to buy Juventus stock
Steps to owning and managing JUVE, with 24-hour and historical pricing before you buy.
How to buy AS Roma stock
Steps to owning and managing ASR, with 24-hour and historical pricing before you buy.
How to buy Borussia Dortmund stock
Steps to owning and managing BVB, with 24-hour and historical pricing before you buy.
How to buy Lead Real Estate Co. (LRE) stock when it goes public
Everything we know about the Lead Real Estate Co. IPO, plus information on how to buy in.
How to buy Third Harmonic Bio (THRD) stock
Everything we know about the Third Harmonic Bio IPO, plus information on how to buy in.
How to buy LINKBANCORP (LNKB) stock
Everything we know about the LINKBANCORP IPO, plus information on how to buy in.
Here are the stocks that benefit from inflation, as well as industries to keep an eye on to reduce the impacts of inflation on your portfolio.
Ask an Expert