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Martin Marietta Materials - MLM Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $653.08
  • Forecasted Upside: 22.37%
  • Number of Analysts: 16
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 13 Buy Ratings
  • 1 Strong Buy Ratings
$533.69 As of 12/20/2024 06:31 PM ET
▲ +7.92 (1.51%)

This chart shows the closing price for MLM by one month, three months, or twelve months.

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Analyst Price Target for MLM

Analyst Price Target is $653.08
▲ +22.37% Upside Potential
This price target is based on 16 analysts offering 12 month price targets for Martin Marietta Materials in the last 3 months. The average price target is $653.08, with a high forecast of $737.00 and a low forecast of $555.00. The average price target represents a 22.37% upside from the last price of $533.69.

This chart shows the closing price for MLM for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 16 investment analysts is to moderate buy stock in Martin Marietta Materials. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 10 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
6/30/2023
  • 0 strong buy ratings
  • 9 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
9/28/2023
  • 0 strong buy ratings
  • 12 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
12/27/2023
  • 0 strong buy ratings
  • 10 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
3/26/2024
  • 0 strong buy ratings
  • 10 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
6/24/2024
  • 1 strong buy ratings
  • 10 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
9/22/2024
  • 1 strong buy ratings
  • 11 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
11/21/2024
  • 1 strong buy ratings
  • 13 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
12/21/2024

Latest Recommendations

  • 1 strong buy ratings
  • 13 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
12/17/2024Morgan StanleyLower TargetOverweight ➝ Overweight$657.00 ➝ $622.00
12/11/2024Hsbc Global ResUpgradeHold ➝ Strong-Buy
12/11/2024HSBCUpgradeHold ➝ Buy$690.00
12/10/2024BNP ParibasDowngradeStrong-Buy ➝ Hold
11/27/2024JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$515.00 ➝ $640.00
11/7/2024UBS GroupInitiated CoverageBuy$730.00
10/31/2024Loop CapitalBoost TargetBuy ➝ Buy$600.00 ➝ $680.00
10/29/2024BarclaysBoost TargetOverweight ➝ Overweight$595.00 ➝ $645.00
10/9/2024Jefferies Financial GroupLower TargetBuy ➝ Buy$650.00 ➝ $635.00
10/9/2024JPMorgan Chase & Co.Lower TargetNeutral ➝ Neutral$560.00 ➝ $515.00
9/19/2024BNP ParibasUpgradeStrong-Buy
8/26/2024Morgan StanleyBoost TargetOverweight ➝ Overweight$610.00 ➝ $657.00
8/13/2024Loop CapitalLower TargetBuy ➝ Buy$630.00 ➝ $615.00
8/12/2024CitigroupLower TargetBuy ➝ Buy$658.00 ➝ $646.00
8/9/2024StephensLower TargetOverweight ➝ Overweight$650.00 ➝ $610.00
8/9/2024Truist FinancialLower TargetBuy ➝ Buy$700.00 ➝ $670.00
7/17/2024Jefferies Financial GroupBoost TargetBuy ➝ Buy$660.00 ➝ $665.00
7/11/2024CitigroupLower TargetBuy ➝ Buy$696.00 ➝ $658.00
7/3/2024Loop CapitalLower TargetBuy ➝ Buy$710.00 ➝ $630.00
7/3/2024Stifel NicolausLower TargetBuy ➝ Buy$650.00 ➝ $630.00
4/16/2024The Goldman Sachs GroupBoost TargetBuy ➝ Buy$642.00 ➝ $737.00
4/15/2024Stifel NicolausBoost TargetBuy ➝ Buy$621.00 ➝ $650.00
4/5/2024CitigroupBoost TargetBuy ➝ Buy$635.00 ➝ $708.00
4/2/2024Truist FinancialBoost TargetBuy ➝ Buy$610.00 ➝ $700.00
3/22/2024JPMorgan Chase & Co.Reiterated RatingOverweight ➝ Neutral$530.00 ➝ $600.00
3/8/2024Wolfe ResearchDowngradeOutperform ➝ Peer Perform
2/22/2024HSBCUpgradeReduce ➝ Hold$376.00 ➝ $543.00
2/16/2024StephensBoost TargetOverweight ➝ Overweight$575.00 ➝ $605.00
2/16/2024The Goldman Sachs GroupBoost TargetBuy ➝ Buy$560.00 ➝ $642.00
2/16/2024CitigroupBoost TargetBuy ➝ Buy$573.00 ➝ $635.00
2/15/2024Truist FinancialBoost TargetBuy ➝ Buy$550.00 ➝ $610.00
1/25/2024Raymond JamesBoost TargetOutperform ➝ Outperform$505.00 ➝ $555.00
1/8/2024Morgan StanleyInitiated CoverageOverweight$595.00
12/19/2023Stifel NicolausBoost TargetBuy ➝ Buy$510.00 ➝ $598.00
12/12/2023JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$490.00 ➝ $530.00
11/2/2023StephensBoost TargetOverweight ➝ Overweight$525.00 ➝ $540.00
11/2/2023Raymond JamesBoost TargetOutperform ➝ Outperform$490.00 ➝ $505.00
10/25/2023Seaport Res PtnUpgradeNeutral ➝ Buy
10/12/2023Raymond JamesBoost TargetOutperform ➝ Outperform$484.00 ➝ $490.00
9/15/2023HSBCInitiated CoverageReduce$376.00
8/24/2023JPMorgan Chase & Co.Boost TargetNeutral ➝ Neutral$470.00 ➝ $490.00
7/28/2023Truist FinancialBoost TargetBuy$446.00 ➝ $550.00
7/28/2023Raymond JamesBoost Target$416.00 ➝ $484.00
7/28/2023BarclaysBoost TargetOverweight$430.00 ➝ $490.00
7/26/2023StephensBoost Target$475.00 ➝ $525.00
7/14/2023Stifel NicolausBoost Target$410.00 ➝ $493.00
7/14/2023CitigroupBoost TargetBuy$460.00 ➝ $527.00
7/13/2023Jefferies Financial GroupBoost TargetBuy$460.00 ➝ $530.00
7/6/2023JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$450.00 ➝ $470.00
5/10/2023DA DavidsonBoost Target$450.00 ➝ $465.00
5/5/2023Loop CapitalBoost Target$450.00 ➝ $475.00
5/5/2023JPMorgan Chase & Co.Boost Target$400.00 ➝ $450.00
4/20/2023Morgan StanleyLower TargetEqual Weight$390.00 ➝ $386.00
4/3/2023The Goldman Sachs GroupUpgradeNeutral ➝ Buy$420.00 ➝ $428.00
2/21/2023Morgan StanleyLower TargetEqual Weight$397.00 ➝ $390.00
2/16/2023Loop CapitalBoost TargetBuy$410.00 ➝ $450.00
2/16/2023DA DavidsonBoost TargetBuy$380.00 ➝ $450.00
2/16/2023Raymond JamesBoost TargetOutperform$389.00 ➝ $405.00
2/15/2023The Goldman Sachs GroupBoost TargetNeutral$374.00 ➝ $420.00
2/10/2023Seaport Res PtnReiterated RatingNeutral
1/25/2023Raymond JamesBoost TargetOutperform$380.00 ➝ $389.00
1/24/2023Atlantic SecuritiesDowngradeOverweight ➝ Neutral$375.00 ➝ $350.00
1/20/2023Morgan StanleyLower TargetEqual Weight$399.00 ➝ $397.00
1/10/2023CitigroupBoost Target$385.00 ➝ $406.00
12/19/2022Stifel NicolausBoost TargetBuy$400.00 ➝ $405.00
12/14/2022Morgan StanleyDowngradeOverweight ➝ Equal Weight$409.00 ➝ $399.00
12/8/2022JPMorgan Chase & Co.Lower Target$410.00 ➝ $395.00
11/6/2022Raymond JamesLower Target$410.00 ➝ $380.00
10/13/2022Morgan StanleyLower TargetOverweight$420.00 ➝ $409.00
10/12/2022DA DavidsonLower Target$395.00 ➝ $385.00
10/10/2022CitigroupLower TargetBuy$410.00 ➝ $386.00
9/22/2022JPMorgan Chase & Co.Boost TargetOverweight$370.00 ➝ $410.00
9/20/2022BNP ParibasUpgradeNeutral ➝ Outperform$407.00
9/20/2022Exane BNP ParibasUpgradeNeutral ➝ Outperform
8/19/2022Raymond JamesReiterated RatingMarket Perform ➝ Outperform$410.00
8/9/2022CitigroupBoost Target$410.00
8/1/2022Morgan StanleyBoost TargetOverweight$394.00 ➝ $420.00
7/18/2022Morgan StanleyLower TargetOverweight$408.00 ➝ $394.00
7/14/2022Wolfe ResearchUpgradePeer Perform ➝ Outperform$406.00 ➝ $384.00
7/5/2022Truist FinancialLower Target$392.00
7/1/2022DA DavidsonLower TargetBuy$450.00 ➝ $375.00
6/3/2022JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$420.00 ➝ $410.00
4/18/2022Morgan StanleyLower TargetOverweight$470.00 ➝ $441.00
2/14/2022DA DavidsonLower Target$465.00 ➝ $450.00
2/11/2022Morgan StanleyLower TargetOverweight$484.00 ➝ $470.00
2/11/2022BarclaysLower TargetOverweight$485.00 ➝ $450.00
1/18/2022Morgan StanleyLower TargetOverweight$496.00 ➝ $484.00
12/17/2021BarclaysUpgradeEqual Weight ➝ Overweight$415.00 ➝ $485.00
12/10/2021Truist FinancialUpgradeHold ➝ Buy$380.00 ➝ $525.00
12/9/2021Morgan StanleyBoost TargetOverweight$469.00 ➝ $496.00
11/4/2021StephensBoost TargetOverweight$430.00 ➝ $475.00
11/3/2021DA DavidsonBoost TargetAverage ➝ Buy$425.00 ➝ $465.00
11/3/2021Morgan StanleyBoost TargetOverweight$391.00 ➝ $469.00
10/27/2021Wolfe ResearchInitiated CoverageMarket Perform$432.00
10/26/2021CitigroupBoost TargetBuy$435.00 ➝ $445.00
10/18/2021DA DavidsonUpgradeNeutral ➝ Buy$400.00 ➝ $425.00
10/13/2021Morgan StanleyLower TargetOverweight$405.00 ➝ $391.00
10/6/2021Loop CapitalUpgradeHold ➝ Buy$390.00
8/25/2021Jefferies Financial GroupInitiated CoverageBuy$440.00
8/2/2021Morgan StanleyLower TargetOverweight$408.00 ➝ $405.00
8/2/2021DA DavidsonBoost TargetPositive ➝ Neutral$350.00 ➝ $400.00
6/25/2021Jefferies Financial GroupUpgradeHold ➝ Buy$360.00 ➝ $424.00
5/26/2021JPMorgan Chase & Co.Boost TargetNeutral$335.00 ➝ $385.00
5/10/2021Morgan StanleyBoost TargetOverweight$372.00 ➝ $408.00
4/28/2021BarclaysBoost TargetEqual Weight$275.00 ➝ $380.00
4/12/2021Morgan StanleyBoost TargetOverweight$356.00 ➝ $372.00
2/23/2021Morgan StanleyBoost TargetOverweight$344.00 ➝ $356.00
2/10/2021DA DavidsonBoost TargetNeutral$230.00 ➝ $335.00
2/3/2021Raymond JamesInitiated CoverageMarket Perform
1/27/2021Exane BNP ParibasDowngradeOutperform ➝ Neutral$360.00
1/22/2021JPMorgan Chase & Co.Boost TargetNeutral$310.00 ➝ $335.00
1/22/2021Morgan StanleyBoost TargetOverweight$316.00 ➝ $344.00
1/6/2021StephensUpgradeEqual Weight ➝ Overweight
12/21/2020BarclaysBoost TargetEqual Weight$220.00 ➝ $275.00
12/18/2020Morgan StanleyInitiated CoverageOverweight$316.00
12/15/2020Stifel NicolausBoost TargetBuy$284.00 ➝ $310.00
12/8/2020UBS GroupInitiated CoverageNeutral$262.00
11/23/2020Deutsche Bank AktiengesellschaftBoost TargetBuy$311.00 ➝ $318.00
11/19/2020The Goldman Sachs GroupDowngradeBuy ➝ Neutral$277.00
11/18/2020Truist FinancialBoost Target$233.00 ➝ $290.00
11/6/2020Jefferies Financial GroupDowngradeBuy ➝ Hold$314.00 ➝ $282.00
10/22/2020Berenberg BankDowngradeBuy ➝ Hold
10/13/2020Bank of AmericaDowngradeBuy ➝ Neutral$246.00 ➝ $280.00
10/7/2020Deutsche Bank AktiengesellschaftUpgradeHold ➝ Buy$230.00 ➝ $311.00
8/6/2020JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$250.00
7/22/2020CitigroupBoost TargetBuy$230.00 ➝ $263.00
6/22/2020Loop CapitalBoost Target$114.00 ➝ $129.00
6/19/2020Atlantic SecuritiesInitiated CoverageOverweight$250.00
6/16/2020BNP ParibasUpgradeBuy$249.00
6/16/2020Exane BNP ParibasUpgradeUnderperform ➝ Outperform$249.00
5/22/2020JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$190.00 ➝ $210.00
5/6/2020CfraLower TargetBuy$298.00 ➝ $215.00
5/6/2020NomuraReiterated RatingBuy$242.00
4/23/2020JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$190.00
4/22/2020DA DavidsonDowngradeBuy ➝ Neutral$185.00
4/17/2020Nomura SecuritiesBoost TargetBuy$218.00 ➝ $242.00
3/31/2020StephensLower TargetEqual Weight$280.00 ➝ $215.00
3/25/2020Berenberg BankUpgradeHold ➝ Buy$214.00
3/25/2020Deutsche Bank AktiengesellschaftLower TargetHold$288.00 ➝ $213.00
3/19/2020The Goldman Sachs GroupLower TargetBuy$301.00 ➝ $250.00
3/9/2020SunTrust BanksDowngradeHold$243.00
3/3/2020Bank of AmericaUpgradeNeutral ➝ Buy$280.00
2/24/2020StephensDowngradeOverweight ➝ Equal Weight$309.00 ➝ $280.00
2/18/2020Deutsche Bank AktiengesellschaftLower TargetHold$292.00 ➝ $288.00
2/12/2020CitigroupLower TargetBuy$336.00 ➝ $310.00
2/10/2020StephensLower TargetOverweight$320.00 ➝ $315.00
1/14/2020Stifel NicolausReiterated RatingBuy$300.00
1/3/2020Deutsche Bank AktiengesellschaftInitiated CoverageBuy$198.00
(Data available from 12/21/2019 forward)

News Sentiment Rating

1.26 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 33 very positive mentions
  • 26 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
5/25/2024
  • 21 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
6/24/2024
  • 20 very positive mentions
  • 1 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
7/24/2024
  • 21 very positive mentions
  • 19 positive mentions
  • 5 negative mentions
  • 0 very negative mentions
Mentions as of
8/23/2024
  • 28 very positive mentions
  • 10 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2024
  • 24 very positive mentions
  • 12 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2024
  • 40 very positive mentions
  • 21 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
11/21/2024
  • 53 very positive mentions
  • 15 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
12/21/2024

Current Sentiment

  • 53 very positive mentions
  • 15 positive mentions
  • 3 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Martin Marietta Materials logo
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. The company was founded in 1939 and is headquartered in Raleigh, North Carolina.
Read More

Today's Range

Now: $533.69
Low: $524.05
High: $540.64

50 Day Range

MA: $579.84
Low: $525.77
High: $619.55

52 Week Range

Now: $533.69
Low: $479.67
High: $633.23

Volume

974,728 shs

Average Volume

447,306 shs

Market Capitalization

$32.62 billion

P/E Ratio

16.63

Dividend Yield

0.57%

Beta

0.89

Frequently Asked Questions

What sell-side analysts currently cover shares of Martin Marietta Materials?

The following sell-side analysts have issued stock ratings on Martin Marietta Materials in the last year: Barclays PLC, BNP Paribas, Citigroup Inc., Hsbc Global Res, HSBC Holdings plc, Jefferies Financial Group Inc., JPMorgan Chase & Co., Loop Capital, Morgan Stanley, Raymond James, Stephens, Stifel Nicolaus, StockNews.com, The Goldman Sachs Group, Inc., Truist Financial Co., UBS Group AG, and Wolfe Research.
View the latest analyst ratings for MLM.

What is the current price target for Martin Marietta Materials?

0 Wall Street analysts have set twelve-month price targets for Martin Marietta Materials in the last year. Their average twelve-month price target is $653.08, suggesting a possible upside of 22.4%. The Goldman Sachs Group, Inc. has the highest price target set, predicting MLM will reach $737.00 in the next twelve months. Raymond James has the lowest price target set, forecasting a price of $555.00 for Martin Marietta Materials in the next year.
View the latest price targets for MLM.

What is the current consensus analyst rating for Martin Marietta Materials?

Martin Marietta Materials currently has 2 hold ratings, 13 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for MLM.

What other companies compete with Martin Marietta Materials?

Other companies that are similar to Martin Marietta Materials include Vulcan Materials, James Hardie Industries, Fortune Brands Innovations, Eagle Materials and CEMEX. Learn More about companies similar to Martin Marietta Materials.

How do I contact Martin Marietta Materials' investor relations team?

Martin Marietta Materials' physical mailing address is 2710 WYCLIFF ROAD, RALEIGH NC, 27607. The construction company's listed phone number is (919) 781-4550 and its investor relations email address is [email protected]. The official website for Martin Marietta Materials is www.martinmarietta.com. Learn More about contacing Martin Marietta Materials investor relations.