DailyIQ
|
Sector:Basic MaterialsAll sectors
Last updated 5 minutes ago

MLM·Martin Marietta Materials, Inc.

$.
-. (-.%)
After Hours
High
$584.81
Open
$572.42
Market Cap
34.80B
52W High
$710.97
Low
$561.41
P. Close
$562.70
P/E
13.73
52W Low
$525.38
Fwd P/E
115.35
DailyIQ Est.
$701.69
Technical Score (1D)
18
SELL
News Sentiment
47
MIXED
Raymond James has trimmed its price target for Martin Marietta Materials to $675 from $690 while keeping an Outperform rating, signaling a more cautious view of the company’s near‑term earnings. The downgrade stems from a weaker outlook for construction demand and rising input costs that could squeeze margins in the coming months. Because the target cut is modest, the firm still expects the stock to outperform the broader market over the medium term. The adjustment reflects concerns that the company’s revenue growth may slow as the construction cycle moderates. Traders should watch the company’s upcoming earnings release for any confirmation of earnings pressure or cost‑control measures. In addition, commodity price movements—particularly cement and aggregate prices—will be a key driver of the firm’s profitability. A rebound in construction activity could mitigate the impact of higher input costs and support the target. Conversely, a prolonged slowdown could keep earnings below expectations and keep the target under pressure. Keep an eye on macro‑economic data that influences construction spending, such as housing starts and infrastructure spending announcements.
Earnings Summary
Martin Marietta Materials (MLM) is a leading U.S. provider of aggregates, ready‑mixed concrete, asphalt, cement and magnesia‑based chemicals, serving infrastructure, commercial and residential construction and industrial applications. The company operates in the Basic Materials sector, specifically the Building Materials industry, and has a diversified product portfolio that supports a broad range of construction and industrial projects. In the most recent reporting cycle, MLM delivered Q4 2025 revenue of $1.534 billion and EPS of $3.85, both of which fell from the Q3 2025 levels of $1.846 billion and $6.85 respectively, indicating a deceleration in both top‑line and earnings momentum; the Q4 2025 quarter still beat consensus estimates with EPS above the $2.21 forecast, while the Q1 2026 quarter produced an EPS of $1.93 versus an estimate of $5.28, marking the first miss in a streak of five consecutive beats. Historically, the company has posted strong quarterly earnings growth, with EPS rising from $5.43 in Q2 2025 to $6.85 in Q3 2025 before the recent decline, and revenue growth that accelerated from $1.811 billion in Q2 2025 to $1.846 billion in Q3 2025 but then contracted in Q4 2025 and Q1 2026; the pattern of consistent earnings beats has been interrupted only by the latest miss, underscoring a potential shift in performance dynamics. Recent news highlights the upcoming Q2 2026 earnings call, the pending $13.5 billion acquisition of Lhoist North America, and macro‑economic pressures such as rising crude prices and Treasury yields that have weighed on the sector; analysts have adjusted price targets upward while trimming fair‑value estimates, reflecting both optimism for construction demand and caution around debt and energy costs. Investors should watch for guidance on revenue growth, gross‑margin trends, capex plans, and debt‑servicing metrics in the next earnings release, as well as updates on the Lhoist integration timeline and construction‑spending data that will help gauge whether the bullish analyst sentiment can be sustained.

EPS

EstBeatMiss
$1.13$2.75$4.37$5.98$7.60Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$4.88 - -
Q1'26$5.28$1.93-63.5%
Q4'25$2.21$3.85+74.2%
Q3'25$6.68$6.85+2.5%
Q2'25$5.26$5.43+3.2%
Q1'25$1.88$1.90+1.1%

Revenue

EstBeatMiss
$1.2B$1.4B$1.6B$1.8B$2.0BQ1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$1.9B - -
Q1'26$1.9B$1.4B-28.0%
Q4'25$1.3B$1.5B+20.4%
Q3'25 - $1.8B -
Q2'25 - $1.8B -
Q1'25 - $1.4B -
Full Earnings BreakdownEstimates, actuals, guidance, and historical context
→

Market Data

MLM Stock Snapshot

MLM is currently trading at $562.59, giving Martin Marietta Materials, Inc. a market cap of 34.80B and a P/E ratio of 13.7. Today's range spans $561.41–$584.81, with shares opening at $572.42 and moving down $0.11 (0.0%) from the prior close. DailyIQ's technical score sits at 18/100 (SELL) with a news sentiment reading of 47/100.

Over the past year MLM has traded between $525.38 and $710.97 - the current price is +7.1% off the 52-week low and -20.9% from the high. 31 analysts cover the stock with a Hold consensus and a mean 12-month target of $682.13 (range $440.00–$800.00), implying upside of +21.2%.

Macro sensitivity explains some of MLM's bearish setup (18/100, SELL) - at 34.80B in Basic Materials market cap, interest rate shifts, currency moves, or commodity price changes can create fundamental headwinds that compound the technical deterioration. Sentiment: neutral (47/100). Price: $562.59 (in the lower half of its 52-week range). The current P/E ratio stands at 13.7. Annual range: $525.38–$710.97. The question for investors is whether the macro driver is transient or structural - because the answer determines whether this is a tradeable dip or a deeper re-rating.

Analyst coverage for MLM becomes a double-edged factor in a SELL phase: at 34.80B in Basic Materials market cap, active coverage is high enough that downgrade risk is real and impactful. The 18/100 technical reading and neutral sentiment (47/100) at $562.59 (in the lower half of its 52-week range) place the stock in the zone where one or two high-profile estimate cuts can convert a grinding decline into a sharper re-rating — the $525.38–$710.97 range establishes where that repricing lands.