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How to buy Mueller Industries stock | $33.84

Own Mueller Industries stock in just a few minutes.

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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 4,964 staff and has a trailing 12-month revenue of around USD$2.3 billion.

How to buy shares in Mueller Industries

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Mueller Industries. Find the stock by name or ticker symbol: MLI. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Mueller Industries reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$33.84, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Mueller Industries, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Mueller Industries. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Mueller Industries share price

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

Mueller Industries shares at a glance

Information last updated 2020-12-01.
Latest market close USD$33.84
52-week range USD$16.6655 - USD$36.66
50-day moving average USD$31.2076
200-day moving average USD$28.5701
Wall St. target price USD$40
PE ratio 14.0601
Dividend yield USD$0.4 (1.18%)
Earnings per share (TTM) USD$2.33

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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 $33.84 from 2020-12-04

1 week (2020-11-25) -0.27%
1 month (2020-11-06) 7.67%
3 months (2020-09-04) 13.75%
6 months (2020-06-05) 18.49%
1 year (2019-12-05) 6.21%
2 years (2018-12-04) 50.27%
3 years (2017-12-05) -5.21%
5 years (2015-12-04) 10.59%

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 14x. In other words, Mueller Industries shares trade at around 14x 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 USD$250.8 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 USD$2.3 billion
Operating margin TTM 9.14%
Gross profit TTM USD$395 million
Return on assets TTM 9.17%
Return on equity TTM 20%
Profit margin 5.79%
Book value $12.572
Market capitalisation USD$1.9 billion

TTM: trailing 12 months

Shorting Mueller Industries shares

There are currently 699,587 Mueller Industries shares held short by investors – that's known as Mueller Industries's "short interest". This figure is 18.1% up from 592,502 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 251650). Mueller Industries's SIR currently stands at 2.78. In other words for every 100,000 Mueller Industries shares traded daily on the market, roughly 2780 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 0.02% of the tradable shares (for every 100,000 tradable Mueller Industries shares, roughly 20 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

17%

Dividend payout ratio: 17.18% of net profits

Recently Mueller Industries has paid out, on average, around 17.18% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.18% 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 1.18% return on their shares, in the form of dividend payments. In Mueller Industries's case, that would currently equate to about $0.4 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 18 December 2020. The latest dividend was paid out to all shareholders who bought their shares by 3 December 2020 (the "ex-dividend date").

Have Mueller Industries's shares ever split?

Mueller Industries's shares were split on a 2:1 basis on 31 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 $16.6655 up to $36.66. A popular way to gauge a stock's volatility is its "beta".

MLI.US volatility(beta: 1.2)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 1.199. 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 manufactures copper tubes and fittings, and line sets for water distribution system, heating system, air-conditioning, and refrigeration applications, as well as drainage, waste, and vent systems. It also manufactures steel pipe nipples; and resells imported brass and plastic plumbing valves, malleable iron fittings, faucets, and plumbing specialty products. This segment sells its products primarily to plumbing, refrigeration, and air-conditioning wholesalers; and hardware wholesalers and co-ops, building product retailers, and air-conditioning original equipment manufacturers (OEMs). The company's Industrial Metals segment manufactures and sells brass, bronze, and copper alloy rods; cold-formed aluminum and copper products for automotive, military ordnance, aerospace, and general manufacturing industries; brass and aluminum forgings, brass fittings, industrial machinery, valve bodies, gear blanks, and computer hardware; and brass, aluminum, and stainless steel valves, as well as fluid control systems and gas train assembles for compressed gas, pharmaceutical, construction, and gas appliance markets. Its Climate segment offers valves, protection devices, and brass fittings, as well as tubular assemblies and fabrications for various OEMs in the commercial heating, ventilation, and air-conditioning (HVAC) and refrigeration markets; components and accessories for the air-conditioning and refrigeration markets; and coaxial heat exchangers and twisted tubes for HVAC, geothermal, refrigeration, swimming pool heat pump, marine, ice machine, commercial boiler, and heat reclamation markets. The company was founded in 1917 and is headquartered in Collierville, Tennessee.

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