Martin Marietta Materials - MLM Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $588.69
  • Forecasted Upside: 2.18%
  • Number of Analysts: 13
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 10 Buy Ratings
  • 0 Strong Buy Ratings
$576.12
▼ -11.01 (-1.88%)

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 $588.69
▲ +2.18% Upside Potential
This price target is based on 13 analysts offering 12 month price targets for Martin Marietta Materials in the last 3 months. The average price target is $588.69, with a high forecast of $737.00 and a low forecast of $465.00. The average price target represents a 2.18% upside from the last price of $576.12.

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 13 contributing 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
10/27/2022
  • 0 strong buy ratings
  • 10 buy ratings
  • 3 hold ratings
  • 0 sell ratings
1/25/2023
  • 0 strong buy ratings
  • 10 buy ratings
  • 3 hold ratings
  • 0 sell ratings
4/25/2023
  • 0 strong buy ratings
  • 10 buy ratings
  • 3 hold ratings
  • 0 sell ratings
7/24/2023
  • 0 strong buy ratings
  • 10 buy ratings
  • 3 hold ratings
  • 0 sell ratings
10/22/2023
  • 0 strong buy ratings
  • 10 buy ratings
  • 3 hold ratings
  • 0 sell ratings
1/20/2024
  • 0 strong buy ratings
  • 10 buy ratings
  • 3 hold ratings
  • 0 sell ratings
3/20/2024
  • 0 strong buy ratings
  • 10 buy ratings
  • 3 hold ratings
  • 0 sell ratings
4/19/2024

Latest Recommendations

  • 0 strong buy ratings
  • 10 buy ratings
  • 3 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/16/2024The Goldman Sachs GroupBoost TargetBuy ➝ Buy$642.00 ➝ $737.00Low
4/15/2024Stifel NicolausBoost TargetBuy ➝ Buy$621.00 ➝ $650.00Low
4/5/2024CitigroupBoost TargetBuy ➝ Buy$635.00 ➝ $708.00Low
4/2/2024Truist FinancialBoost TargetBuy ➝ Buy$610.00 ➝ $700.00Low
3/22/2024JPMorgan Chase & Co.Reiterated RatingOverweight ➝ Neutral$530.00 ➝ $600.00Low
3/8/2024Wolfe ResearchDowngradeOutperform ➝ Peer PerformLow
2/22/2024HSBCUpgradeReduce ➝ Hold$376.00 ➝ $543.00Low
2/16/2024StephensBoost TargetOverweight ➝ Overweight$575.00 ➝ $605.00Low
2/16/2024The Goldman Sachs GroupBoost TargetBuy ➝ Buy$560.00 ➝ $642.00Low
2/16/2024CitigroupBoost TargetBuy ➝ Buy$573.00 ➝ $635.00Low
2/15/2024Truist FinancialBoost TargetBuy ➝ Buy$550.00 ➝ $610.00Low
1/25/2024Raymond JamesBoost TargetOutperform ➝ Outperform$505.00 ➝ $555.00Low
1/8/2024Morgan StanleyInitiated CoverageOverweight$595.00Low
12/19/2023Stifel NicolausBoost TargetBuy ➝ Buy$510.00 ➝ $598.00Low
12/12/2023JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$490.00 ➝ $530.00Low
11/2/2023StephensBoost TargetOverweight ➝ Overweight$525.00 ➝ $540.00Low
11/2/2023Raymond JamesBoost TargetOutperform ➝ Outperform$490.00 ➝ $505.00N/A
10/25/2023Seaport Res PtnUpgradeNeutral ➝ BuyLow
10/12/2023Raymond JamesBoost TargetOutperform ➝ Outperform$484.00 ➝ $490.00Low
9/15/2023HSBCInitiated CoverageReduce$376.00Low
8/24/2023JPMorgan Chase & Co.Boost TargetNeutral ➝ Neutral$470.00 ➝ $490.00Low
7/28/2023Truist FinancialBoost TargetBuy$446.00 ➝ $550.00Low
7/28/2023Raymond JamesBoost Target$416.00 ➝ $484.00Low
7/28/2023BarclaysBoost TargetOverweight$430.00 ➝ $490.00Low
7/26/2023StephensBoost Target$475.00 ➝ $525.00Low
7/14/2023Stifel NicolausBoost Target$410.00 ➝ $493.00Low
7/14/2023CitigroupBoost TargetBuy$460.00 ➝ $527.00Low
7/13/2023Jefferies Financial GroupBoost TargetBuy$460.00 ➝ $530.00Low
7/6/2023JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$450.00 ➝ $470.00Low
5/10/2023DA DavidsonBoost Target$450.00 ➝ $465.00Low
5/5/2023Loop CapitalBoost Target$450.00 ➝ $475.00Low
5/5/2023JPMorgan Chase & Co.Boost Target$400.00 ➝ $450.00Low
4/20/2023Morgan StanleyLower TargetEqual Weight$390.00 ➝ $386.00Low
4/3/2023The Goldman Sachs GroupUpgradeNeutral ➝ Buy$420.00 ➝ $428.00Low
2/21/2023Morgan StanleyLower TargetEqual Weight$397.00 ➝ $390.00Low
2/16/2023Loop CapitalBoost TargetBuy$410.00 ➝ $450.00Low
2/16/2023DA DavidsonBoost TargetBuy$380.00 ➝ $450.00Low
2/16/2023Raymond JamesBoost TargetOutperform$389.00 ➝ $405.00Low
2/15/2023The Goldman Sachs GroupBoost TargetNeutral$374.00 ➝ $420.00Low
2/10/2023Seaport Res PtnReiterated RatingNeutralLow
1/25/2023Raymond JamesBoost TargetOutperform$380.00 ➝ $389.00Low
1/24/2023Atlantic SecuritiesDowngradeOverweight ➝ Neutral$375.00 ➝ $350.00Low
1/20/2023Morgan StanleyLower TargetEqual Weight$399.00 ➝ $397.00Low
1/10/2023CitigroupBoost Target$385.00 ➝ $406.00Low
12/19/2022Stifel NicolausBoost TargetBuy$400.00 ➝ $405.00Low
12/14/2022Morgan StanleyDowngradeOverweight ➝ Equal Weight$409.00 ➝ $399.00N/A
12/8/2022JPMorgan Chase & Co.Lower Target$410.00 ➝ $395.00Low
11/6/2022Raymond JamesLower Target$410.00 ➝ $380.00Low
10/13/2022Morgan StanleyLower TargetOverweight$420.00 ➝ $409.00Low
10/12/2022DA DavidsonLower Target$395.00 ➝ $385.00Low
10/10/2022CitigroupLower TargetBuy$410.00 ➝ $386.00Low
9/22/2022JPMorgan Chase & Co.Boost TargetOverweight$370.00 ➝ $410.00Low
9/20/2022BNP ParibasUpgradeNeutral ➝ Outperform$407.00Low
9/20/2022Exane BNP ParibasUpgradeNeutral ➝ OutperformLow
8/19/2022Raymond JamesReiterated RatingMarket Perform ➝ Outperform$410.00Low
8/9/2022CitigroupBoost Target$410.00Low
8/1/2022Morgan StanleyBoost TargetOverweight$394.00 ➝ $420.00Low
7/18/2022Morgan StanleyLower TargetOverweight$408.00 ➝ $394.00Low
7/14/2022Wolfe ResearchUpgradePeer Perform ➝ Outperform$406.00 ➝ $384.00Low
7/5/2022Truist FinancialLower Target$392.00N/A
7/1/2022DA DavidsonLower TargetBuy$450.00 ➝ $375.00Low
6/3/2022JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$420.00 ➝ $410.00Low
4/18/2022Morgan StanleyLower TargetOverweight$470.00 ➝ $441.00Low
2/14/2022DA DavidsonLower Target$465.00 ➝ $450.00High
2/11/2022Morgan StanleyLower TargetOverweight$484.00 ➝ $470.00High
2/11/2022BarclaysLower TargetOverweight$485.00 ➝ $450.00High
1/18/2022Morgan StanleyLower TargetOverweight$496.00 ➝ $484.00High
12/17/2021BarclaysUpgradeEqual Weight ➝ Overweight$415.00 ➝ $485.00High
12/10/2021Truist FinancialUpgradeHold ➝ Buy$380.00 ➝ $525.00Low
12/9/2021Morgan StanleyBoost TargetOverweight$469.00 ➝ $496.00Low
11/4/2021StephensBoost TargetOverweight$430.00 ➝ $475.00High
11/3/2021DA DavidsonBoost TargetAverage ➝ Buy$425.00 ➝ $465.00Low
11/3/2021Morgan StanleyBoost TargetOverweight$391.00 ➝ $469.00Low
10/27/2021Wolfe ResearchInitiated CoverageMarket Perform$432.00High
10/26/2021CitigroupBoost TargetBuy$435.00 ➝ $445.00Low
10/18/2021DA DavidsonUpgradeNeutral ➝ Buy$400.00 ➝ $425.00High
10/13/2021Morgan StanleyLower TargetOverweight$405.00 ➝ $391.00Medium
10/6/2021Loop CapitalUpgradeHold ➝ Buy$390.00High
8/25/2021Jefferies Financial GroupInitiated CoverageBuy$440.00Medium
8/2/2021Morgan StanleyLower TargetOverweight$408.00 ➝ $405.00High
8/2/2021DA DavidsonBoost TargetPositive ➝ Neutral$350.00 ➝ $400.00Low
6/25/2021Jefferies Financial GroupUpgradeHold ➝ Buy$360.00 ➝ $424.00Medium
5/26/2021JPMorgan Chase & Co.Boost TargetNeutral$335.00 ➝ $385.00Medium
5/10/2021Morgan StanleyBoost TargetOverweight$372.00 ➝ $408.00Low
4/28/2021BarclaysBoost TargetEqual Weight$275.00 ➝ $380.00Low
4/12/2021Morgan StanleyBoost TargetOverweight$356.00 ➝ $372.00Low
2/23/2021Morgan StanleyBoost TargetOverweight$344.00 ➝ $356.00High
2/10/2021DA DavidsonBoost TargetNeutral$230.00 ➝ $335.00Low
2/3/2021Raymond JamesInitiated CoverageMarket PerformLow
1/27/2021Exane BNP ParibasDowngradeOutperform ➝ Neutral$360.00Low
1/22/2021JPMorgan Chase & Co.Boost TargetNeutral$310.00 ➝ $335.00Low
1/22/2021Morgan StanleyBoost TargetOverweight$316.00 ➝ $344.00Medium
1/6/2021StephensUpgradeEqual Weight ➝ OverweightN/A
12/21/2020BarclaysBoost TargetEqual Weight$220.00 ➝ $275.00Low
12/18/2020Morgan StanleyInitiated CoverageOverweight$316.00High
12/15/2020Stifel NicolausBoost TargetBuy$284.00 ➝ $310.00Medium
12/8/2020UBS GroupInitiated CoverageNeutral$262.00High
11/23/2020Deutsche Bank AktiengesellschaftBoost TargetBuy$311.00 ➝ $318.00High
11/19/2020The Goldman Sachs GroupDowngradeBuy ➝ Neutral$277.00Medium
11/18/2020Truist FinancialBoost Target$233.00 ➝ $290.00Medium
11/6/2020Jefferies Financial GroupDowngradeBuy ➝ Hold$314.00 ➝ $282.00Low
10/22/2020Berenberg BankDowngradeBuy ➝ HoldLow
10/13/2020Bank of AmericaDowngradeBuy ➝ Neutral$246.00 ➝ $280.00Medium
10/7/2020Deutsche Bank AktiengesellschaftUpgradeHold ➝ Buy$230.00 ➝ $311.00Medium
8/6/2020JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$250.00Low
7/22/2020CitigroupBoost TargetBuy$230.00 ➝ $263.00Medium
6/22/2020Loop CapitalBoost Target$114.00 ➝ $129.00Medium
6/19/2020Atlantic SecuritiesInitiated CoverageOverweight$250.00Low
6/16/2020BNP ParibasUpgradeBuy$249.00High
6/16/2020Exane BNP ParibasUpgradeUnderperform ➝ Outperform$249.00Medium
5/22/2020JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$190.00 ➝ $210.00Medium
5/6/2020CfraLower TargetBuy$298.00 ➝ $215.00High
5/6/2020NomuraReiterated RatingBuy$242.00High
4/23/2020JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$190.00Low
4/22/2020DA DavidsonDowngradeBuy ➝ Neutral$185.00Medium
4/17/2020Nomura SecuritiesBoost TargetBuy$218.00 ➝ $242.00High
3/31/2020StephensLower TargetEqual Weight$280.00 ➝ $215.00High
3/25/2020Berenberg BankUpgradeHold ➝ Buy$214.00High
3/25/2020Deutsche Bank AktiengesellschaftLower TargetHold$288.00 ➝ $213.00High
3/19/2020The Goldman Sachs GroupLower TargetBuy$301.00 ➝ $250.00High
3/9/2020SunTrust BanksDowngradeHold$243.00High
3/3/2020Bank of AmericaUpgradeNeutral ➝ Buy$280.00Low
2/24/2020StephensDowngradeOverweight ➝ Equal Weight$309.00 ➝ $280.00Low
2/18/2020Deutsche Bank AktiengesellschaftLower TargetHold$292.00 ➝ $288.00Medium
2/12/2020CitigroupLower TargetBuy$336.00 ➝ $310.00Medium
2/10/2020StephensLower TargetOverweight$320.00 ➝ $315.00High
1/14/2020Stifel NicolausReiterated RatingBuy$300.00Low
1/3/2020Deutsche Bank AktiengesellschaftInitiated CoverageBuy$198.00Low
12/19/2019Loop CapitalInitiated CoverageHold$288.00Low
12/17/2019CitigroupInitiated CoverageBuy$336.00Low
11/27/2019Deutsche Bank AktiengesellschaftInitiated CoverageHold$292.00N/A
11/20/2019Deutsche Bank AktiengesellschaftInitiated CoverageHold$292.00Medium
10/30/2019DA DavidsonBoost TargetBuy$310.00Medium
10/30/2019SunTrust BanksBoost TargetBuy$285.00 ➝ $295.00Low
10/16/2019SunTrust BanksBoost TargetBuy$235.00 ➝ $285.00Low
10/16/2019BarclaysReiterated RatingHold$284.00Low
10/15/2019Bank of AmericaUpgradeUnderperform ➝ NeutralLow
10/9/2019Exane BNP ParibasInitiated CoverageUnderperformLow
10/9/2019BNP ParibasInitiated CoverageUnderperformLow
9/5/2019JPMorgan Chase & Co.Boost TargetOverweight$265.00 ➝ $285.00High
8/30/2019Longbow ResearchSet TargetBuy$265.00Low
7/31/2019Longbow ResearchBoost TargetBuy$260.00 ➝ $265.00High
7/31/2019Jefferies Financial GroupBoost TargetBuy$265.00 ➝ $290.00Medium
6/6/2019DA DavidsonUpgradeNeutral ➝ Buy$227.22Low
5/1/2019CitigroupBoost TargetBuy ➝ Buy$239.00 ➝ $255.00Low
(Data available from 4/19/2019 forward)

News Sentiment Rating

1.13 (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
  • 19 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/22/2023
  • 19 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/22/2023
  • 14 very positive mentions
  • 8 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
11/21/2023
  • 20 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/21/2023
  • 21 very positive mentions
  • 6 positive mentions
  • 24 negative mentions
  • 0 very negative mentions
1/20/2024
  • 37 very positive mentions
  • 35 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
2/19/2024
  • 29 very positive mentions
  • 17 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/20/2024
  • 26 very positive mentions
  • 11 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
4/19/2024

Current Sentiment

  • 26 very positive mentions
  • 11 positive mentions
  • 2 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.
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.
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Today's Range

Now: $576.12
Low: $572.57
High: $594.40

50 Day Range

MA: $587.38
Low: $527.25
High: $621.89

52 Week Range

Now: $576.12
Low: $343.79
High: $626.67

Volume

1,076,994 shs

Average Volume

411,406 shs

Market Capitalization

$35.56 billion

P/E Ratio

30.60

Dividend Yield

0.50%

Beta

0.96

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, Citigroup Inc., DA Davidson, HSBC Holdings plc, Jefferies Financial Group Inc., JPMorgan Chase & Co., Loop Capital, Morgan Stanley, Raymond James, Seaport Res Ptn, Stephens, Stifel Nicolaus, StockNews.com, The Goldman Sachs Group, Inc., Truist Financial Co., and Wolfe Research.
View the latest analyst ratings for MLM.

What is the current price target for Martin Marietta Materials?

13 Wall Street analysts have set twelve-month price targets for Martin Marietta Materials in the last year. Their average twelve-month price target is $588.69, suggesting a possible upside of 2.2%. The Goldman Sachs Group, Inc. has the highest price target set, predicting MLM will reach $737.00 in the next twelve months. DA Davidson has the lowest price target set, forecasting a price of $465.00 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 3 hold ratings and 10 buy ratings 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?

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.