DailyIQ
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Sector:Basic MaterialsAll sectors
Last updated 1 minute ago

MLM·Martin Marietta Materials, Inc.

$.
+. (+.%)
After Hours
High
$581.82
Open
$575.22
Market Cap
34.15B
52W High
$710.97
Low
$569.38
P. Close
$571.90
P/E
13.48
52W Low
$525.38
Fwd P/E
24.99
DailyIQ Est.
$701.69
Technical Score (1D)
32
SELL
News Sentiment
50
MIXED
MLM shares slipped 3.7% after President Trump announced the Iran ceasefire was over, which pushed crude prices higher and lifted 10‑year Treasury yields. The spike in yields raises borrowing costs for large infrastructure projects, tightening demand for cement and asphalt and increasing the company’s cost base. Because MLM’s production is energy‑intensive, the rise in crude prices directly inflates its operating expenses. Despite the short‑term selloff, Citigroup has kept a Buy rating and lifted its price target to $737, reflecting confidence that construction activity will support the company’s fundamentals. Wells Fargo also maintains an Equal‑Weight rating and raised its target to $616, indicating a modest upside expectation amid stable demand for building materials. The divergent target levels suggest that while analysts see upside potential, they also recognize the sensitivity of MLM to macro‑economic shifts. Over the next 1–10 trading days, the market will likely focus on how quickly borrowing costs normalize and whether construction spending rebounds. Traders should monitor the upcoming Q2 earnings release for guidance on revenue and margin trends, as well as construction spending data for confirmation of demand. Additionally, keeping an eye on commodity price movements and Treasury yield changes will help gauge the trajectory of MLM’s cost pressures and growth prospects.
Earnings Summary
Martin Marietta Materials is a leading provider of essential building materials, primarily serving the U.S. construction sector and select international markets with aggregates, ready‑mixed concrete, asphalt, cement, and magnesia‑based chemicals, positioning it as a key supplier across infrastructure and industrial projects. In the basic materials sector, the company’s diversified product portfolio supports demand from commercial, residential, and specialized construction activities. In recent quarters, revenue fell from $1.632 billion in Q4 2024 to $1.353 billion in Q1 2025 (‑17.4%) but rebounded sharply to $1.811 billion in Q2 2025 (+33.5%) and modestly to $1.846 billion in Q3 2025 (+1.9%), before declining again to $1.534 billion in Q4 2025 (‑16.7%) and $1.362 billion in Q1 2026 (‑11.9%); EPS, however, remained consistently strong, beating estimates in Q4 2024 (4.81 vs 4.5586), Q1 2025 (1.90 vs 1.88), Q2 2025 (5.43 vs 5.262), Q3 2025 (6.85 vs 6.681), and Q4 2025 (3.85 vs 2.21), but missing in Q1 2026 (1.93 vs 5.283), giving the company five of six quarters of EPS beats. Historically, Martin Marietta has demonstrated a pattern of EPS beats across multiple periods, while revenue has shown volatility tied to construction spending cycles; the company’s cost‑intensive operations have been impacted by commodity price swings, yet it has maintained margin resilience. Recent news reports a $13.5 billion acquisition of Lhoist North America, which will expand the firm’s production footprint and is expected to deliver $85 million in annual cost savings, though it also increases leverage and share dilution; analysts have adjusted price targets upward and downward in response to the deal’s impact on capital structure and potential synergies. Investors should watch the upcoming Q2 2026 earnings for guidance on revenue and margin trends, the integration progress of Lhoist assets, and the effect of rising Treasury yields and crude prices on construction demand, as these factors will shape the company’s short‑term earnings trajectory.

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
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Market Data

MLM Stock Snapshot

MLM is currently trading at $577.67, giving Martin Marietta Materials, Inc. a market cap of 34.15B and a P/E ratio of 13.5. Today's range spans $569.38–$581.82, with shares opening at $575.22 and moving up $5.77 (1.0%) from the prior close. DailyIQ's technical score sits at 32/100 (SELL) with a news sentiment reading of 50/100.

Over the past year MLM has traded between $525.38 and $710.97 - the current price is +10.0% off the 52-week low and -18.7% 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 +18.1%.

Macro sensitivity explains some of MLM's bearish setup (32/100, SELL) - at 34.15B 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 (50/100). Price: $577.67 (in the lower half of its 52-week range). The current P/E ratio stands at 13.5. 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.

When a large-cap Basic Materials name with 34.15B in capitalization prints a SELL signal (32/100) alongside neutral news sentiment (50/100), the risk isn't just price depreciation — it's the loss of institutional sponsorship that makes recovery harder. At $577.67 (in the lower half of its 52-week range in the $525.38–$710.97 range), the structural support levels are where that sponsorship question gets answered.