Martin Marietta Materials, Inc (NYSE:MLM) shares, rose in value on Friday, February 14, with price down by -0.81% to the previous day’s close as strong demand from buyers drove the stock to $527.38.
Actively observing the price movement in the last trading, the stock closed the session at $531.66, falling within a range of $525.43 and $535.05. The value of beta (5-year monthly) was 0.91 whereas the PE ratio was 16.31 over 12-month period. Referring to stock’s 52-week performance, its high was $633.23, and the low was $482.72. On the whole, MLM has fluctuated by -0.74% over the past month.
With the market capitalization of Martin Marietta Materials, Inc currently standing at about $32.23 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 3.06, with its dividend yield at 0.58%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 7.08B, with a low estimate of 1.29B and a high estimate of 1.44B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.35B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MLM’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of MLM currently trading nearly -2.28% and -2.18% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 44.27, while the 7-day volatility ratio is showing 3.59% which for the 30-day chart, stands at 2.07%. Furthermore, Martin Marietta Materials, Inc (MLM)’s beta value is 0.87, and its average true range (ATR) is 12.47.
A comparison of Martin Marietta Materials, Inc (MLM) with its peers suggests the former has fared considerably weaker in the market. MLM showed an intraday change of -0.81% in last session, and over the past year, it grew by 0.02%%.
Data on historical trading for Martin Marietta Materials, Inc (NYSE:MLM) indicates that the trading volumes over the past 10 days have averaged 0.54 and over the past 3 months, they’ve averaged 416.72K. According to company’s latest data on outstanding shares, there are 61.12 million shares outstanding.
Nearly 0.70% of Martin Marietta Materials, Inc’s shares belong to company insiders and institutional investors own 100.85% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.32 million shares as on 2025-01-31, resulting in a short ratio of 3.74. According to the data, the short interest in Martin Marietta Materials, Inc (MLM) stood at 246.00 of shares outstanding as of 2025-01-31; the number of short shares registered in 2024-12-31 reached 1.44 million. The stock has risen by 2.11% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MLM stock heading into the next quarter.
