Latest news with #MartinMariettaMaterials
Yahoo
15-05-2025
- Business
- Yahoo
Martin Marietta Declares Quarterly Cash Dividend
RALEIGH, N.C., May 15, 2025 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE: MLM) ('Martin Marietta' or the 'Company') today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.79 per share on the Company's outstanding common stock. This dividend will be payable on June 30, 2025, to shareholders of record at the close of business on June 2, 2025. Martin Marietta, a member of the S&P 500 Index, is an American-based company and a leading supplier of building materials, including aggregates, cement, ready mixed concrete and asphalt. Through a network of operations spanning 28 states, Canada and The Bahamas, dedicated Martin Marietta teams supply the resources for building the solid foundations on which our communities thrive. Martin Marietta's Magnesia Specialties business produces high-purity magnesia and dolomitic lime products used worldwide in environmental, industrial, agricultural and specialty applications. For more information, visit or Investor Contact: Jacklyn RookerDirector, Investor Relations (919) MLM-DError while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
02-05-2025
- Business
- Yahoo
Martin Marietta Materials First Quarter 2025 Earnings: In Line With Expectations
Revenue: US$1.35b (up 8.2% from 1Q 2024). Net income: US$116.0m (down 89% from 1Q 2024). Profit margin: 8.6% (down from 84% in 1Q 2024). EPS: US$1.91 (down from US$16.91 in 1Q 2024). We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations. Looking ahead, revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Basic Materials industry in the US. Performance of the American Basic Materials industry. The company's shares are up 2.7% from a week ago. You still need to take note of risks, for example - Martin Marietta Materials has 3 warning signs (and 1 which shouldn't be ignored) we think you should know about. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
26-04-2025
- Business
- Yahoo
Martin Marietta Materials, Inc. (MLM): Among the Best Materials Stocks to Buy According to Hedge Funds
We recently compiled a list of the . In this article, we are going to take a look at where Martin Marietta Materials, Inc. (NYSE:MLM) stands against the other material stocks. Materials stocks are those companies that produce chemicals, construction materials, and paper products. Businesses involved in the exploration and processing of commodities are also included in this sector. Materials demand is cyclical, rendering sector players extremely vulnerable to economic fluctuations. The demand for basic materials tends to drop when economic conditions deteriorate, which lowers prices and impacts the profitability of material producers. However, the materials sector can be impacted by a variety of factors, including the economic cycle. Supply chain challenges, legislation, and inflation are just a few of the many factors that could impact demand, prices, and industry profitability in the materials industry. After Russia invaded Ukraine in 2022, a new challenge arose in the industry. The region provides essential metals for steel production and exports minerals for fertilizer, such as potash; therefore, the war caused disruptions in the worldwide supply chain for resources. Most basic materials' costs increased due to supply constraints, which had a significant impact on both the industry and the overall economy. Looking forward, a cautiously positive view for the materials sector in 2025 has been strengthened by long-term structural demand and improved macroeconomic conditions. Persistent economic concerns in the United States and a noticeable slowdown in China, two important markets for industrial materials, burdened the sector in 2024. However, according to Fidelity, the situation seems more favorable for growth in 2025 as China implements economic stimulus measures and central banks in major economies currently lean toward monetary easing. Some subsectors stand to benefit from both a short-term cyclical recovery and advantageous long-term supply-demand imbalances, especially those related to copper and other crucial inputs for infrastructure and electrification. Furthermore, the sector's rate-sensitive industries, such as chemicals, may gain from lower interest rates, while more robust, high-quality firms may provide defensive strength. The sector is positioned for a potentially better performance in 2025 due to a combination of financial assistance, a possible recovery in Chinese demand, and strategic exposure to growth-linked materials. Currently, according to a strategist for equity derivatives at Barclays, Stefano Pascale, options traders are undervaluing the risks associated with materials stocks because the sector's predicted volatility is close to historic lows, making downside protection cheap. Steel and paper companies are among the materials stocks that are susceptible to tariffs because of their dependence on international supply chains, and additional tariffs are anticipated to be announced soon by President Trump. Despite this, Pascale commented: "The volatility market is giving you an exceptionally good opportunity here of cheap materials puts. Even if you didn't have a trade war, this would be, historically speaking, a very attractive trade." Materials underperformed in 2018 due to Trump's tariffs, and similar drops may be seen this year, with the Dow down 7%. According to statistics provided by Bloomberg Intelligence, sell-side analysts have lowered their expectations for the material sector, anticipating earnings to climb 5.9% this year, down from an estimate of 16% in January. However, traders must consider liquidity risks, as the bid-ask spread for materials options is $0.20, as opposed to $0.04 for broader market options. We sifted through the Materials ETFs and online rankings to form an initial list of the 25 materials stocks. From the resultant dataset, we chose 11 stocks with the highest number of hedge fund investors, using Insider Monkey's database of 1009 hedge funds in Q4 2024 to gauge hedge fund sentiment for stocks. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A large construction project with cranes and forklifts in action, demonstrating the company's building materials business. Number of Hedge Fund Holders: 54 Martin Marietta Materials, Inc. (NYSE:MLM) is among the best materials stocks since it is a major manufacturer of construction materials, which include crushed stone, sand, and gravel, in the United States. The company sold 191 million tons of aggregates in 2024. The majority of the firm's sales come from its most significant markets, which are Texas, Colorado, North Carolina, Georgia, and Florida. Additionally, the company uses its aggregates in its ready-mixed concrete and asphalt businesses and makes cement in Texas. Its magnesia specialties business manufactures magnesium-based chemical products and dolomitic lime. The firm is poised to gain from higher infrastructure spending in the United States. Although the company mostly produces aggregates, it also produces cement in Texas. Despite the difficult market conditions, Martin Marietta Materials, Inc. (NYSE:MLM) produced exceptional overall performance in 2024. In Q4 of 2024, the business reported consolidated adjusted EBITDA of $545 million, an 8% growth, while margins jumped by 210 basis points to 33%. Its Magnesia Specialties division generated record-breaking revenues of $320 million and gross profit of $107 million, showing gains of 2% and 10%, respectively. Over $2 billion in non-core asset divestitures and $4 billion in total purchases were among the approximately $6 billion in portfolio-enhancing deals the company conducted. The business earned the highest full-year safety event rates in Martin Marietta Materials, Inc. (NYSE:MLM)'s history, and it obtained a world-class lost time incident rate for the eighth consecutive year. Overall, MLM ranks 10th on our list of the best materials stocks to buy according to hedge funds. While we acknowledge the potential of MLM as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than MLM but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stock To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at . Sign in to access your portfolio
Yahoo
25-04-2025
- Business
- Yahoo
Martin Marietta Materials, Inc. (MLM): Among the Best Materials Stocks to Buy According to Hedge Funds
We recently compiled a list of the . In this article, we are going to take a look at where Martin Marietta Materials, Inc. (NYSE:MLM) stands against the other material stocks. Materials stocks are those companies that produce chemicals, construction materials, and paper products. Businesses involved in the exploration and processing of commodities are also included in this sector. Materials demand is cyclical, rendering sector players extremely vulnerable to economic fluctuations. The demand for basic materials tends to drop when economic conditions deteriorate, which lowers prices and impacts the profitability of material producers. However, the materials sector can be impacted by a variety of factors, including the economic cycle. Supply chain challenges, legislation, and inflation are just a few of the many factors that could impact demand, prices, and industry profitability in the materials industry. After Russia invaded Ukraine in 2022, a new challenge arose in the industry. The region provides essential metals for steel production and exports minerals for fertilizer, such as potash; therefore, the war caused disruptions in the worldwide supply chain for resources. Most basic materials' costs increased due to supply constraints, which had a significant impact on both the industry and the overall economy. Looking forward, a cautiously positive view for the materials sector in 2025 has been strengthened by long-term structural demand and improved macroeconomic conditions. Persistent economic concerns in the United States and a noticeable slowdown in China, two important markets for industrial materials, burdened the sector in 2024. However, according to Fidelity, the situation seems more favorable for growth in 2025 as China implements economic stimulus measures and central banks in major economies currently lean toward monetary easing. Some subsectors stand to benefit from both a short-term cyclical recovery and advantageous long-term supply-demand imbalances, especially those related to copper and other crucial inputs for infrastructure and electrification. Furthermore, the sector's rate-sensitive industries, such as chemicals, may gain from lower interest rates, while more robust, high-quality firms may provide defensive strength. The sector is positioned for a potentially better performance in 2025 due to a combination of financial assistance, a possible recovery in Chinese demand, and strategic exposure to growth-linked materials. Currently, according to a strategist for equity derivatives at Barclays, Stefano Pascale, options traders are undervaluing the risks associated with materials stocks because the sector's predicted volatility is close to historic lows, making downside protection cheap. Steel and paper companies are among the materials stocks that are susceptible to tariffs because of their dependence on international supply chains, and additional tariffs are anticipated to be announced soon by President Trump. Despite this, Pascale commented: "The volatility market is giving you an exceptionally good opportunity here of cheap materials puts. Even if you didn't have a trade war, this would be, historically speaking, a very attractive trade." Materials underperformed in 2018 due to Trump's tariffs, and similar drops may be seen this year, with the Dow down 7%. According to statistics provided by Bloomberg Intelligence, sell-side analysts have lowered their expectations for the material sector, anticipating earnings to climb 5.9% this year, down from an estimate of 16% in January. However, traders must consider liquidity risks, as the bid-ask spread for materials options is $0.20, as opposed to $0.04 for broader market options. We sifted through the Materials ETFs and online rankings to form an initial list of the 25 materials stocks. From the resultant dataset, we chose 11 stocks with the highest number of hedge fund investors, using Insider Monkey's database of 1009 hedge funds in Q4 2024 to gauge hedge fund sentiment for stocks. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A large construction project with cranes and forklifts in action, demonstrating the company's building materials business. Number of Hedge Fund Holders: 54 Martin Marietta Materials, Inc. (NYSE:MLM) is among the best materials stocks since it is a major manufacturer of construction materials, which include crushed stone, sand, and gravel, in the United States. The company sold 191 million tons of aggregates in 2024. The majority of the firm's sales come from its most significant markets, which are Texas, Colorado, North Carolina, Georgia, and Florida. Additionally, the company uses its aggregates in its ready-mixed concrete and asphalt businesses and makes cement in Texas. Its magnesia specialties business manufactures magnesium-based chemical products and dolomitic lime. The firm is poised to gain from higher infrastructure spending in the United States. Although the company mostly produces aggregates, it also produces cement in Texas. Despite the difficult market conditions, Martin Marietta Materials, Inc. (NYSE:MLM) produced exceptional overall performance in 2024. In Q4 of 2024, the business reported consolidated adjusted EBITDA of $545 million, an 8% growth, while margins jumped by 210 basis points to 33%. Its Magnesia Specialties division generated record-breaking revenues of $320 million and gross profit of $107 million, showing gains of 2% and 10%, respectively. Over $2 billion in non-core asset divestitures and $4 billion in total purchases were among the approximately $6 billion in portfolio-enhancing deals the company conducted. The business earned the highest full-year safety event rates in Martin Marietta Materials, Inc. (NYSE:MLM)'s history, and it obtained a world-class lost time incident rate for the eighth consecutive year. Overall, MLM ranks 10th on our list of the best materials stocks to buy according to hedge funds. While we acknowledge the potential of MLM as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than MLM but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stock To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at .
Yahoo
18-04-2025
- Business
- Yahoo
Jim Cramer on Martin Marietta Materials (MLM): 'Road Building Is Booming – This Is the One You Want!'
We recently published a list of . In this article, we are going to take a look at where Martin Marietta Materials, Inc. (NYSE:MLM) stands against other stocks on Jim Cramer's list to buy right now. On Monday, April 14th, Jim Cramer opened the Mad Money episode with a striking observation on the dramatic change in market sentiment and what is going on in the markets right now, saying: 'If you told me this is where the market was headed two or three months ago, I would have thought you were insane, even crazier than I am. This radical transition over the past few weeks has just been frankly unfathomable. We're now buying stocks we hated and we're despising, and guess what we are now selling short the stocks that we used to worship. And it's all happening on the fly. […] You can't tell what's underneath though but that makes it much easier for those real seekers who want to surf the Trump 'stock wave'.' READ ALSO: and . Cramer noted that the market's rotation under the Trump administration has been profound, pushing investors to abandon old favorites in favor of new, domestically focused winners: 'We have to think about how to profit from this new market if it means making some pretty sharp changes to your portfolio and believe me this is something I think about every day for the club. […] See something happened this weekend that crystallized things for me. The Wall Street Journal put together this incredible chart of the stocks that are winning so far under the reign of Trump. Oh my! The extraordinary lack of economic sensitivity, the amazing America first nature of the businesses, the pure service nature of so many of these companies, they couldn't be less like what we liked under President Biden. Rip up the old playbook; there's a new stock sheriff in town so here's what I did: I looked at the winners so far this year from the chart and thought about which ones were good to go, and which ones maybe needed to be demoted for a better substitute because perhaps they moved too far.' The Mad Money host then outlined the common traits of the strongest performers and offered viewers a curated group of stocks he believes are worth buying now, saying: 'Look I've got no illusions after going over these companies I see several things the winners have in common. They don't have a lot of competition, they're largely domestic, they don't need a strong economy, you can't tariff them out of existence, they have scale, and most have fat margins […] Take advantage of this list. We will have down days. Keep the list handy, I'll refer to it many times. It's the right place to be, even in a recession, which again is a possibility given how stuck much of the economy really is right now.' For this article, we compiled a list of 16 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on April 14. We listed the stocks in the order that Cramer mentioned them. We also provided hedge fund sentiment for each stock as of the fourth quarter of 2024, which was taken from Insider Monkey's database of over 1,000 hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). A large construction project with cranes and forklifts in action, demonstrating the company's building materials Marietta Materials, Inc. (NYSE:MLM) is a leading supplier of construction aggregates and heavy building materials used in infrastructure and road construction projects. Cramer highlighted the surge in road building activity as a major theme benefiting domestic companies like Martin Marietta, especially as Biden's long-delayed infrastructure spending finally gains traction. Here's his analysis: 'For some reason, road building is a big theme among the winners and that means you want to own Martin Marietta Materials. […] Overall, MLM ranks 10th on our list of stocks on Jim Cramer's list to buy right now. While we acknowledge the potential of MLM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than MLM but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
