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How to buy Mueller Industries stock (MLI)

Buy Mueller Industries stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

Mueller Industries 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. Its last market close was $72.08 – a decrease of 1.07% over the previous week. Mueller Industries employs 4,509 staff and has a trailing 12-month revenue of around $3.4 billion.

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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 2024-10-15.
Latest market close$72.08
52-week range$34.47 - $74.47
50-day moving average $70.11
200-day moving average $58.38
Wall St. target price$50.00
PE ratio 15.0849
Dividend yield $0.7 (1.09%)
Earnings per share (TTM) $4.83

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 $72.23 from 2024-10-18

1 week (2024-10-15) -0.86%
1 month (2024-09-20) -0.45%
3 months (2024-07-22) 12.25%
6 months (2024-04-22) 34.91%
1 year (2023-10-20) 2.53%
2 years (2022-10-19) 16.11%
3 years (2021-10-22) 46.90%
5 years (2019-10-22) 147.44%

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 15x. In other words, Mueller Industries shares trade at around 15x 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 $750.1 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 $3.4 billion
Operating margin TTM 21.04%
Gross profit TTM $1.1 billion
Return on assets TTM 15.77%
Return on equity TTM 23.76%
Profit margin 16.19%
Book value $22.45
Market Capitalization $8.3 billion

TTM: trailing 12 months

Mueller Industries share dividends

16%

Dividend payout ratio: 15.63% of net profits

Recently Mueller Industries has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% 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 0% return on their shares, in the form of dividend payments. In Mueller Industries's case, that would currently equate to about $0.7 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 19 September 2024. The latest dividend was paid out to all shareholders who bought their shares by 5 September 2024 (the "ex-dividend date").

Have Mueller Industries's shares ever split?

Mueller Industries's shares were split on a 2:1 basis on 22 October 2023 . 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 $34.4702 up to $74.47. A popular way to gauge a stock's volatility is its "beta".

MLI.US volatility(beta: 1.04)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 1.036. 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. 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, fittings, and gas assemblies; 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.

Frequently asked questions

What percentage of Mueller Industries is owned by insiders or institutions?
Currently 2.485% of Mueller Industries shares are held by insiders and 95.408% by institutions.
How many people work for Mueller Industries?
Latest data suggests 4,509 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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