
NYSE:MLM
This summary was created by AI, based on 1 opinions in the last 12 months.
Martin Marietta Materials, symbol MLM-N, has made significant gains recently due to increased infrastructure spending initiated by the Biden administration. The company's performance in the last quarter has shown positive results, contributing to its rising shares over the past few months. Experts note that the company has benefitted substantially from the surge in government infrastructure projects, which has bolstered its financial position. Furthermore, over the last three months, shares have experienced a notable increase of 12%, reflecting investor confidence and market trends. Overall, the company's prospects appear robust as it navigates the current economic landscape, indicating a favorable outlook for its future performance.
Shares fell in 2022 by 23% due to recession fears, but is up 30% this year because they money is finally coming. The CEO sees 3-4 years of business. Trades at 24x forward PE, but expects that to decline because they keep beating their quarters.
Martin Marietta Materials is a American stock, trading under the symbol MLM (previously MLM-N on Stockchase) on the New York Stock Exchange (MLM). It is usually referred to as NYSE:MLM or MLM
In the last year, 1 stock analyst published opinions about MLM (previously MLM-N on Stockchase). 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for Martin Marietta Materials.
Martin Marietta Materials was recommended as a Top Pick by Jim Cramer - Mad Money on 2021-03-01. Read the latest stock experts ratings for Martin Marietta Materials.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Martin Marietta Materials in the last year. It is a trending stock that is worth watching.
On 2026-05-29, Martin Marietta Materials (MLM) stock closed at a price of $581.64.
Has benefitted in recent years from Biden's infrastructure spending. The last quarter was good, and shares are +12 months in the last 3 months.