Martin Marietta Materials 주식 (NYSE: MLM)

에 대한 최신 뉴스 Martin Marietta Materials (NYSE:MLM) 주식

Martin Marietta Materials

Martin Marietta Materials is one of the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). In 2023, Martin Marietta sold 199 million tons of aggregates. Martin Marietta's most important markets include Texas, Colorado, North Carolina, Georgia, and Florida, accounting for most of its sales. The company also produces cement in Texas and uses its aggregates in its asphalt and ready-mixed concrete businesses. Martin's magnesia specialties business produces magnesia-based chemical products and dolomitic lime.

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지난주 이들 10개 대형주는 최악의 성과를 거두었다. 그것들이 당신의 포트폴리오에 있나요? 나이스(NASDAQ:NICE)의 주가는 회사가 1분기 재무 결과를 보고하고 2분기 조정 매출 지침을 예상치보다 낮은 수준으로 발표한 후 15.60% 하락했다.

리 오토는 지난주 최악의 성과를 보인 10개의 대형주 중 하나 (5월 12일-5월 18일)

Martin Marietta Materials, Inc. Common Stock

Martin Marietta Materials Inc

MCFARLANE LAKE MINING LTD by McFarlane Lake Mining Limited

McFarlane Lake Mining Ltd

MILLENNIUM PRIME INC by Millennium Prime, Inc.

Millennium Prime Inc

Metallica Minerals Ltd

Martin Marietta Materials (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLM#NYSE">MLM</a>) has outperformed the market over the past 10 years by 4.13% on an annualized basis producing an average annual return of 15.33%. Currently, Martin Marietta Materials has a market capitalization of $32.97 billion. 
Buying $100 In MLM: If an investor had bought $100 of MLM stock 10 years ago, it would be worth $413.96 today based on a price of $539.51 for MLM at the time of writing.
<h3>Martin Marietta Materials's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727294428_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Trading Ideas

$100 Invested In Martin Marietta Materials 10 Years Ago Would Be Worth This Much Today

Martin Marietta Materials's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLM#NYSE">MLM</a>) short percent of float has risen 20.19% since its last report. The company recently reported that it has 1.37 million shares sold short, which is 2.56% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.0 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Martin Marietta Materials Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726690511_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Martin Marietta Materials has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Martin Marietta Materials's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Martin Marietta Materials's peer group average for short interest as a percentage of float is 2.85%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Looking Into Martin Marietta Materials's Recent Short Interest

Martin Marietta Materials (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLM#NYSE">MLM</a>) has outperformed the market over the past 10 years by 4.12% on an annualized basis producing an average annual return of 14.91%. Currently, Martin Marietta Materials has a market capitalization of $31.50 billion. 
Buying $1000 In MLM: If an investor had bought $1000 of MLM stock 10 years ago, it would be worth $4,014.41 today based on a price of $515.33 for MLM at the time of writing.
<h3>Martin Marietta Materials's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726174877_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much $1000 Invested In Martin Marietta Materials 10 Years Ago Would Be Worth Today

Across the recent three months, 9 analysts have shared their insights on Martin Marietta Materials (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLM#NYSE">MLM</a>), expressing a variety of opinions spanning from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $642.33, a high estimate of $670.00, and a low estimate of $610.00. Observing a downward trend, the current average is 3.07% lower than the prior average price target of $662.67. 
<img src="https://www.benzinga.com/files/images/story/2024/1724691658_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
The standing of Martin Marietta Materials among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Angel Castillo</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$657.00</td>
<td>$610.00</td>
</tr>
<tr>
<td>Garik Shmois</td>
<td>Loop Capital</td>
<td>Lowers</td>
<td>Buy</td>
<td>$615.00</td>
<td>$630.00</td>
</tr>
<tr>
<td>Anthony Pettinari</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Buy</td>
<td>$646.00</td>
<td>$658.00</td>
</tr>
<tr>
<td>Trey Grooms</td>
<td>Stephens &amp; Co.</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$610.00</td>
<td>$650.00</td>
</tr>
<tr>
<td>Keith Hughes</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$670.00</td>
<td>$700.00</td>
</tr>
<tr>
<td>Philip Ng</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Buy</td>
<td>$665.00</td>
<td>$660.00</td>
</tr>
<tr>
<td>Anthony Pettinari</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Buy</td>
<td>$658.00</td>
<td>$696.00</td>
</tr>
<tr>
<td>Garik Shmois</td>
<td>Loop Capital</td>
<td>Lowers</td>
<td>Buy</td>
<td>$630.00</td>
<td>$710.00</td>
</tr>
<tr>
<td>Stanley Elliott</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Buy</td>
<td>$630.00</td>
<td>$650.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Martin Marietta Materials. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Martin Marietta Materials compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Martin Marietta Materials's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Capture valuable insights into Martin Marietta Materials's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/MLM/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Martin Marietta Materials analyst ratings.</a>
<h2>Get to Know Martin Marietta Materials Better</h2>
Martin Marietta Materials is one of the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). In 2023, Martin Marietta sold 199 million tons of aggregates. Martin Marietta's most important markets include Texas, Colorado, North Carolina, Georgia, and Florida, accounting for most of its sales. The company also produces cement in Texas and uses its aggregates in its asphalt and ready-mixed concrete businesses. Martin's magnesia specialties business produces magnesia-based chemical products and dolomitic lime.
<h3>Martin Marietta Materials's Economic Impact: An Analysis</h3>
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
Revenue Growth: Martin Marietta Materials's revenue growth over a period of 3 months has faced challenges. As of 30 June, 2024, the company experienced a revenue decline of approximately -3.13%. This indicates a decrease in the company's top-line earnings. When compared to others in the Materials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Martin Marietta Materials's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 16.67%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 3.32%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): Martin Marietta Materials's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 1.81%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: Martin Marietta Materials's debt-to-equity ratio is below the industry average. With a ratio of 0.54, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>What Are Analyst Ratings?</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

The Analyst Landscape: 9 Takes On Martin Marietta Materials

Morgan Stanley analyst Angel Castillo maintains Martin Marietta Materials (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLM#NYSE">MLM</a>) with a Overweight and raises the price target from $610 to $657.

Price Target

Morgan Stanley Maintains Overweight on Martin Marietta Materials, Raises Price Target to $657

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Shares of construction and home builder companies are trading higher following strong New Home Sales economic data for July. Also, the sector may be moving in sympathy with the market after Fed Chair Powell offered an optimistic U.S. economic outlook and indicated future rate cuts.

Martin Marietta Materials (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLM#NYSE">MLM</a>) has outperformed the market over the past 20 years by 4.78% on an annualized basis producing an average annual return of 13.22%. Currently, Martin Marietta Materials has a market capitalization of $32.78 billion. 
Buying $100 In MLM: If an investor had bought $100 of MLM stock 20 years ago, it would be worth $1,179.91 today based on a price of $536.40 for MLM at the time of writing.
<h3>Martin Marietta Materials's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1724257812_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Martin Marietta Materials Stock In The Last 20 Years

Dycom Industries, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dy#NYSE">DY</a>) is scheduled to report second-quarter fiscal 2025 (ended on Jul 27, 2024) results on Aug 21, before the opening bell.
In the last reported quarter, the company&#39;s earnings beat the Zacks Consensus Estimate by 52.5% and increased 22.5% from a year ago. Contract revenues increased 9.3% year over year and topped the consensus mark by 4.8%.
This specialty contracting services provider surpassed earnings estimates in three of the trailing four quarters, with an average of 30.2%.
<h3>Earnings &amp; Revenue Expectations</h3>
The Zacks Consensus Estimate for Dycom&#39;s fiscal second-quarter earnings per share has moved up to $2.18 from $2.15 in the past 60 days. The estimated figure indicates a 7.4% increase on a year-over-year basis.
<div class="chart_embed">
<h3>Dycom Industries, Inc. Price and EPS Surprise</h3>
<img alt="Dycom Industries, Inc. Price and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/2f/1724071608.png" style="height:263px; width:544px" title="" />
Dycom Industries, Inc. price-eps-surprise | Dycom Industries, Inc. Quote
The consensus estimate for revenues is pegged at $1.19 billion, indicating a 14.7% year-over-year rise.
</div>
<h3>Factors to Note</h3>
Dycom&#39;s revenues and EPS are expected to have increased in the to-be-reported quarter, given the strong contribution from the Bigham acquisition. DY is banking on increased demand for network bandwidth and mobile broadband, an extended geographic reach, proficient program management and network planning services. Moreover, improving demand trends among DY&#39;s top five customers and all other customers are likely to have contributed to the top line.
For the fiscal second quarter, DY expects contract revenues to grow by high-single digits year over year. Additionally, it expects $70 million of acquired contract revenues for the quarter. The adjusted EBITDA margin is expected to increase 25-75 bps from the year-ago levels.
Our model predicts the fiscal second-quarter revenues in the Telecommunications segment (excluding Bigham acquisition) to be $994 million, indicating a rise of 7.2% from the prior-quarter figure. Revenues for the Underground Facility unit are pegged at $84.1 million, up 9.6% from the prior-quarter level. The consensus mark for Electrical and gas utilities and other business revenues is pegged at $41.4 million, indicating an increase of 9.9% year over year.
Our model projects an adjusted EBITDA margin of 13%, up from 12.6% reported a year ago.
For the fiscal second quarter, we expect a backlog of $6.54 billion, indicating an increase from $6.21 billion reported in the prior quarter.
However, challenges such as labor shortages and increased costs are expected to have exerted pressure on Dycom&#39;s quarterly performance. Fluctuations in oil prices pose a significant obstacle for DY, as higher fuel prices directly impact the cost of doing business.
<h3>What the Zacks Model Says</h3>
Our proven model does not conclusively predict an earnings beat for Dycom this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. This is not the case here, as you will see below.
Dycom currently has an Earnings ESP of 0.00%.
Presently, DY carries a Zacks Rank #2.
<h3>Recent Construction Releases</h3>
Martin Marietta Materials, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mlm#NYSE">MLM</a>) reported tepid results for second-quarter 2024, with earnings and revenues missing the Zacks Consensus Estimate. Both the top and bottom lines decreased on a year-over-year basis.
MLM witnessed historic precipitation in Texas and parts of the Midwest, along with ongoing restrictive monetary policy and curtailed volumes, thanks to April and May&#39;s historically wet weather. Owing to the slowing product demand in the interest-rate-sensitive private construction sector, the company lowered its full-year adjusted EBITDA guidance to $2.2 billion at the midpoint.
Vulcan Materials Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/vmc#NYSE">VMC</a>) reported dismal second-quarter 2024 results, with earnings and revenues missing their respective Zacks Consensus Estimate. On a year-over-year basis, earnings increased, but revenues declined due to lower Aggregate shipments.
For 2024, Vulcan now anticipates adjusted EBITDA in the range of $2.00-$2.15 billion, up from the prior projection of $2.15-$2.30 billion. This indicates a 3.2% improvement from 2023 levels, considering the mid-point of the guidance. Net earnings are now expected to be in the range of $0.95-$1.07 billion (up from the prior projection of $1.07-$1.19) versus $933 million in the prior year.
KBR, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kbr#NYSE">KBR</a>) reported mixed second-quarter 2024 results, with earnings surpassing the Zacks Consensus Estimate and revenues missing the same. The top and bottom lines increased on a year-over-year basis.
KBR performed well across key metrics and expects this trend to continue for the rest of the year. Driven by robust performance in its core business, KBR raised its adjusted EBITDA and cash flow guidance for 2024.
<a href="https://www.zacks.com/stock/news/2323812/dycom-dy-gears-up-to-report-q2-earnings-what-s-in-store?cid=CS-BENZ-FT-analyst_blog|earnings_preview-2323812">To read this article on Zacks.com click here.</a>

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Dycom Gears Up to Report Q2 Earnings: What's in Store?

Loop Capital analyst Garik Shmois maintains Martin Marietta Materials (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLM#NYSE">MLM</a>) with a Buy and lowers the price target from $630 to $615.

Loop Capital Maintains Buy on Martin Marietta Materials, Lowers Price Target to $615

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page.</a>
<ul>
<li>BTIG raised the price target for The Trade Desk, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NASDAQ">TTD</a>) from $110 to $114. BTIG analyst Clark Lampen maintained a Buy rating. Trade Desk shares gained 10.2% to trade at $97.23 on Friday. <a href="https://www.benzinga.com/quote/TTD/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Deutsche Bank boosted the price target for Zillow Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/Z#NASDAQ">Z</a>) from $55 to $60. Deutsche Bank analyst Lloyd Walmsley maintained the stock with a Buy rating. Zillow shares rose 2.4% to trade at $50.59 on Friday. <a href="https://www.benzinga.com/quote/Z/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Stephens &amp; Co cut Martin Marietta Materials, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLM#NYSE">MLM</a>) price target from $650 to $610. Stephens &amp; Co. analyst Trey Grooms maintained an Overweight rating. Martin Marietta Materials shares fell 1.2% to trade at $532.54 on Friday. <a href="https://www.benzinga.com/quote/MLM/analyst-ratings">See how other analysts view this stock.</a></li>
<li>B. Riley Securities boosted the price target for YETI Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YETI#NYSE">YETI</a>) from $38 to $45. B. Riley Securities analyst Anna Glaessgen maintained a Neutral rating. YETI shares fell 4.3% to trade at $41.28 on Friday. <a href="https://www.benzinga.com/quote/YRTI/analyst-ratings">See how other analysts view this stock.</a></li>
<li>DA Davidson raised Diebold Nixdorf, Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DBD#NYSE">DBD</a>) price target from $55 to $65. DA Davidson analyst Matthew Summerville maintained a Buy rating. Diebold shares rose 5.7% to trade at $37.99 on Friday. <a href="https://www.benzinga.com/quote/DBD/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Evercore ISI Group boosted Doximity, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOCS#NYSE">DOCS</a>) price target from $29 to $34. Evercore ISI Group analyst Elizabeth Anderson maintained an In-Line rating. Doximity shares gained 36% to trade at $34.90 on Friday. <a href="https://www.benzinga.com/quote/DOCS/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Craig-Hallum cut the price target for Mitek Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MITK#NASDAQ">MITK</a>) from $19 to $15. Craig-Hallum analyst Chad Bennett maintained a Buy rating. Mitek shares dipped 25.3% to trade at $8.43 on Friday. <a href="https://www.benzinga.com/quote/MITK/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Wells Fargo cut Five9, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVN#NASDAQ">FIVN</a>) price target from $80 to $65. Wells Fargo analyst Michael Turrin maintained an Overweight rating. Five9 shares fell 27% to trade at $31.03 on Friday. <a href="https://www.benzinga.com/quote/FIVN/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>BMO Capital boosted CF Industries Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CF#NYSE">CF</a>) price target from $95 to $100. BMO Capital analyst Joel Jackson maintained an Outperform rating. CF Industries shares rose 0.1% to trade at $79.61 on Friday. <a href="https://www.benzinga.com/quote/CF/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Raymond James cut Alta Equipment Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALTG#NYSE">ALTG</a>) price target from $14 to $10. Raymond James analyst Bryan Fast downgraded the stock from Outperform to Market Perform. Alta Equipment shares fell 2% to trade at $6.28 on Friday. <a href="https://www.benzinga.com/quote/ALTG/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying Zillow stock? Here&#8217;s what analysts think:
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="569" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/09135523/image-67-1024x569.png" alt="" class="wp-image-487519" style="width:477px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/09135523/image-67-1024x569.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/09135523/image-67-300x167.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/09135523/image-67-768x427.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/09135523/image-67.png 1233w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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Zillow Group To Rally Around 19%? Here Are 10 Top Analyst Forecasts For Thursday

Martin Marietta Materials (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLM#NYSE">MLM</a>) underwent analysis by 6 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $643.83, along with a high estimate of $670.00 and a low estimate of $610.00. Experiencing a 4.99% decline, the current average is now lower than the previous average price target of $677.67. 
<img src="https://www.benzinga.com/files/images/story/2024/1723223010_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
A comprehensive examination of how financial experts perceive Martin Marietta Materials is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Trey Grooms</td>
<td>Stephens &amp; Co.</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$610.00</td>
<td>$650.00</td>
</tr>
<tr>
<td>Keith Hughes</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$670.00</td>
<td>$700.00</td>
</tr>
<tr>
<td>Philip Ng</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Buy</td>
<td>$665.00</td>
<td>$660.00</td>
</tr>
<tr>
<td>Anthony Pettinari</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Buy</td>
<td>$658.00</td>
<td>$696.00</td>
</tr>
<tr>
<td>Garik Shmois</td>
<td>Loop Capital</td>
<td>Lowers</td>
<td>Buy</td>
<td>$630.00</td>
<td>$710.00</td>
</tr>
<tr>
<td>Stanley Elliott</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Buy</td>
<td>$630.00</td>
<td>$650.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Martin Marietta Materials. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Martin Marietta Materials compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Martin Marietta Materials's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Martin Marietta Materials's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/MLM/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Martin Marietta Materials analyst ratings.</a>
<h2>Get to Know Martin Marietta Materials Better</h2>
Martin Marietta Materials is one of the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). In 2023, Martin Marietta sold 199 million tons of aggregates. Martin Marietta's most important markets include Texas, Colorado, North Carolina, Georgia, and Florida, accounting for most of its sales. The company also produces cement in Texas and uses its aggregates in its asphalt and ready-mixed concrete businesses. Martin's magnesia specialties business produces magnesia-based chemical products and dolomitic lime.
<h3>Martin Marietta Materials: Financial Performance Dissected</h3>
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Revenue Growth: Martin Marietta Materials's revenue growth over a period of 3 months has faced challenges. As of 31 March, 2024, the company experienced a revenue decline of approximately -7.61%. This indicates a decrease in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Materials sector.
Net Margin: Martin Marietta Materials's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 83.53% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 12.36%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Martin Marietta Materials's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 6.66% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Martin Marietta Materials's debt-to-equity ratio is below the industry average at 0.53, reflecting a lower dependency on debt financing and a more conservative financial approach.
<h2>Analyst Ratings: What Are They?</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

The Analyst Landscape: 6 Takes On Martin Marietta Materials

Stephens &amp; Co. analyst Trey Grooms maintains Martin Marietta Materials (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLM#NYSE">MLM</a>) with a Overweight and lowers the price target from $650 to $610.

Stephens & Co. Maintains Overweight on Martin Marietta Materials, Lowers Price Target to $610

Truist Securities analyst Keith Hughes maintains Martin Marietta Materials (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLM#NYSE">MLM</a>) with a Buy and lowers the price target from $700 to $670.

Truist Securities Maintains Buy on Martin Marietta Materials, Lowers Price Target to $670

Martin Marietta (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mlm#NYSE">MLM</a>) reported $1.76 billion in revenue for the quarter ended June 2024, representing a year-over-year decline of 3.1%. EPS of $5.26 for the same period compares to $5.60 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $1.81 billion, representing a surprise of -2.61%. The company delivered an EPS surprise of -5.57%, with the consensus EPS estimate being $5.57.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company&#39;s financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock&#39;s price performance.
Here is how Martin Marietta performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
<ul>
<li>
<h2>Average unit sales price by product line - Aggregates (per ton)</h2>
	: 21.61 $/Ton compared to the 21.79 $/Ton average estimate based on four analysts.</li>
<li>
<h2>Total Shipments - Aggregates tons</h2>
	: 53,000 KTon versus 57,722.08 KTon estimated by four analysts on average.</li>
<li>
<h2>Total Shipments - Cement tons</h2>
	: 500 KTon versus the three-analyst average estimate of 498.67 KTon.</li>
<li>
<h2>Total Shipments - Asphalt tons</h2>
	: 2,500 KTon versus 2,651.33 KTon estimated by three analysts on average.</li>
<li>
<h2>Total Shipments - Ready mixed concrete cubic yards</h2>
	: 1,200 KCuYd versus the three-analyst average estimate of 1,379.29 KCuYd.</li>
<li>
<h2>Total Revenues- Building Materials- Asphalt and paving</h2>
	: $245 million versus the six-analyst average estimate of $255.58 million. The reported number represents a year-over-year change of +1.7%.</li>
<li>
<h2>Total Revenues- Building Materials- Aggregates</h2>
	: $1.24 billion versus the six-analyst average estimate of $1.33 billion. The reported number represents a year-over-year change of +7.9%.</li>
<li>
<h2>Total Revenues- Magnesia Specialties</h2>
	: $81 million compared to the $82.58 million average estimate based on six analysts. The reported number represents a change of +0.6% year over year.</li>
<li>
<h2>Total Revenues- Total Building Materials</h2>
	: $1.68 billion versus $1.73 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -3.3% change.</li>
<li>
<h2>Total Revenues- Building Materials- Interproduct sales</h2>
	: -$65 million versus -$111.81 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -46.3% change.</li>
<li>
<h2>Total Revenues- Building Materials- Cement and ready mixed concrete</h2>
	: $261 million versus the five-analyst average estimate of $304.76 million.</li>
<li>
<h2>Gross profit (loss)- Building Materials- Aggregates</h2>
	: $392 million versus $453.92 million estimated by six analysts on average.</li>
</ul>
Shares of Martin Marietta have returned -1.3% over the past month versus the Zacks S&amp;P 500 composite&#39;s -6.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
<a href="https://www.zacks.com/stock/news/2319098/martin-marietta-mlm-q2-earnings-taking-a-look-at-key-metrics-versus-estimates?cid=CS-BENZ-FT-fundamental_analysis|nfm-2319098">To read this article on Zacks.com click here.</a>

Martin Marietta Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Martin Marietta Materials Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLM#NYSE">MLM</a>) shares are trading lower after the company reported a second-quarter&nbsp;FY24 revenue decline of&nbsp;3%&nbsp;Y/Y to&nbsp;$1.764 billion, <a target="_blank" href="https://www.benzinga.com/pressreleases/24/08/g40246941/martin-marietta-reports-second-quarter-2024-results" rel="noreferrer noopener">missing the consensus of&nbsp;$1.846 billion</a>.
Adjusted EPS&nbsp;of $5.26<a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">&nbsp;missed the consensus of&nbsp;$5.40</a>.
Gross profit was&nbsp;$517 million&nbsp;(-8%&nbsp;Y/Y), and the margin contracted to&nbsp;29% from&nbsp;31%&nbsp;a year ago.&nbsp;
Building Materials business revenue was&nbsp;$1.7 billion&nbsp;(-3%&nbsp;Y/Y), and the corresponding gross profit was&nbsp;$501 million&nbsp;(-7%&nbsp;Y/Y).
Aggregate shipments decreased by 2.8% to 53 million tons, while the average selling price increased by 11.6%, or 12% on an organic mix-adjusted basis.
Adjusted EBITDA declined&nbsp;2%&nbsp;Y/Y to&nbsp;$584 million&nbsp;in the quarter. Martin Marietta&#8217;s operating cash flow for the six months stood at&nbsp;$173 million, compared with&nbsp;$519 million&nbsp;for the prior year.
The company held&nbsp;$109 million&nbsp;of unrestricted cash and&nbsp;$1.2 billion&nbsp;of unused borrowing capacity on its existing credit facilities as of June&nbsp;30, 2024.
The company returned&nbsp;$542 million&nbsp;to shareholders through dividend payments and share repurchases during the six-month FY24. As of June 30, 2024, there were 11.9 million shares remaining under the current repurchase authorization.
Martin Marietta CEO Ward Nye said the company experienced &#8220;a series of factors in the second quarter&#8221; impacting product shipments. 
&#8220;Historic precipitation in Texas and in parts of the Midwest, together with ongoing restrictive monetary policy, curtailed volumes for the three-month period,&#8221; he added. 
The quarter also included the April 5 acquisition and subsequent integration of the Blue Water Industries operations. The deal expands Martin Marietta&#8217;s nationwide presence &#8220;into attractive SOAR 2025 target markets including Tennessee and South Florida.&#8221;
2024&nbsp;Guidance&nbsp;Lowered: Martin Marietta Materials lowered revenues to $6.50 billion-$6.94 billion (from&nbsp;$6.9 billion-$7.3 billion)&nbsp;vs. consensus&nbsp;$7.042 billion&nbsp;and adjusted EBITDA to $2.10 billion-$2.30 <a href="https://www.benzinga.com/calendars/guidance" target="_blank" rel="noreferrer noopener">billion (from&nbsp;$2.3 billion-$2.44 billion)</a>.
The company expects average selling price growth of 11%-13% for Aggregates. 
Nye added, &#8220;Putting the quarter in broader perspective, recent macroeconomic data indicates that the typical lag effects of restrictive monetary policy are slowing product demand in the interest-rate-sensitive private construction sector.&#8221;
The company expects this rate-driven private construction softness will be &#8220;relatively short-lived.&#8221;
Single-family housing remains underbuilt, the company states. Recent inflation and employment data should provide support &#8220;for more accommodative monetary conditions beginning in September.&#8221;
Investors can gain exposure to the stock via&nbsp;TCW Transform Supply Chain ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SUPP#NYSE">SUPP</a>) and Invesco Building &amp; Construction ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PKB#NYSE">PKB</a>).
Price Action: MLM stock is trading lower by&nbsp;1.54%&nbsp;at&nbsp;$530.00 premarket&nbsp;at the last check Thursday.
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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Martin Marietta Misses Q2 Earnings Estimates, Lowers Fiscal Outlook After 'Series Of Factors' Impact Shipments

Martin Marietta Materials (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLM#NYSE">MLM</a>) reported quarterly earnings of $5.26 per share which missed the analyst consensus estimate of $5.40 by 2.59 percent. The company reported quarterly sales of $1.764 billion which missed the analyst consensus estimate of $1.846 billion by 4.42 percent. This is a 3.13 percent decrease over sales of $1.821 billion the same period last year.

Earnings Misses

Martin Marietta Materials Q2 2024 Adj. EPS $5.26 Misses $5.40 Estimate, Sales $1.764B Miss $1.846B Estimate

Martin Marietta Materials (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLM#NYSE">MLM</a>) reported quarterly earnings of $4.76 per share which missed the analyst consensus estimate of $5.60 by 15 percent.

Martin Marietta Materials Q2 2024 GAAP EPS $4.76 Misses $5.60 Estimate

Martin Marietta Cuts FY24 Revenues Outlook From $6.90B - $7.30B To $6.50B - $6.94B, Est $7.042B

Martin Marietta Materials (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLM#NYSE">MLM</a>) reported quarterly sales of $1.764 billion which missed the analyst consensus estimate of $1.846 billion by 4.42 percent. This is a 3.13 percent decrease over sales of $1.821 billion the same period last year.

Martin Marietta Materials Q2 Sales $1.764B Miss $1.846B Estimate

Martin Marietta Materials (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLM#NYSE">MLM</a>) has outperformed the market over the past 15 years by 1.38% on an annualized basis producing an average annual return of 12.89%. Currently, Martin Marietta Materials has a market capitalization of $33.53 billion. 
Buying $1000 In MLM: If an investor had bought $1000 of MLM stock 15 years ago, it would be worth $6,174.37 today based on a price of $543.90 for MLM at the time of writing.
<h3>Martin Marietta Materials's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1723059048_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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사람들이 또한 지켜본다

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