How to buy Martin Marietta Materials stock in Canada
Own Martin Marietta Materials shares in just a few minutes.
Martin Marietta Materials Inc is a building materials business based in the US. Martin Marietta Materials shares (MLM.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $420.91 – a decrease of 0.43% over the previous day. Martin Marietta Materials employs 9,400 staff and has a market cap (total outstanding shares value) of $26.3 billion.
How to buy shares in Martin Marietta Materials
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- Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
- Search the platform for stock code: MLM in this case.
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Is it a good time to buy Martin Marietta Materials stock?
Only you can make the decision on the time to leap. The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.
Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.
Martin Marietta Materials shares at a glance
|Latest market close||$406.56|
|52-week range||$296.24 - $462.64|
|50-day moving average||$447.47|
|200-day moving average||$389.98|
|Wall St. target price||$512.17|
|Dividend yield||$2.64 (0.68%)|
|Earnings per share (TTM)||$15.43|
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Note: The dollar amounts in the table below are in Canadian dollars.
Is Martin Marietta Materials stock undervalued or overvalued?
Valuing Martin Marietta Materials stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Martin Marietta Materials's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Martin Marietta Materials's P/E ratio
Martin Marietta Materials's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 28x. In other words, Martin Marietta Materials shares trade at around 28x recent earnings.
That's comparable to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29).
Martin Marietta Materials's PEG ratio
Martin Marietta Materials's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.8921. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Martin Marietta Materials's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Martin Marietta Materials's EBITDA
Martin Marietta Materials's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.9 billion.
The EBITDA is a measure of a Martin Marietta Materials's overall financial performance and is widely used to measure a its profitability.
Martin Marietta Materials financials
|Revenue TTM||$6 billion|
|Operating margin TTM||22.36%|
|Gross profit TTM||$1.4 billion|
|Return on assets TTM||5.66%|
|Return on equity TTM||13.54%|
|Market capitalisation||$26.3 billion|
TTM: trailing 12 months
Martin Marietta Materials share dividends
Dividend payout ratio: 17.56% of net profits
Recently Martin Marietta Materials has paid out, on average, around 17.56% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.68% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Martin Marietta Materials shareholders could enjoy a 0.68% return on their shares, in the form of dividend payments. In Martin Marietta Materials's case, that would currently equate to about $2.64 per share.
While Martin Marietta Materials's payout ratio might seem low, this can signify that Martin Marietta Materials is investing more in its future growth.
Martin Marietta Materials's most recent dividend payout was on 29 September 2023. The latest dividend was paid out to all shareholders who bought their shares by 31 August 2023 (the "ex-dividend date").
Martin Marietta Materials overview
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. The company also produces magnesia-based chemicals products; dolomitic lime primarily to customers for steel production and soil stabilization; and cement treated materials. Its chemical products are used in flame retardants, wastewater treatment, pulp and paper production, and other environmental applications. Martin Marietta Materials, Inc. was founded in 1939 and is headquartered in Raleigh, North Carolina.
Frequently asked questions
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