Investors’ Patience Is Being Tested Right Now By Martin Marietta Materials, Inc. (NYSE: MLM)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

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Stocks Info

Martin Marietta Materials, Inc. is listed on the NYSE as a member of the Basic Materials sector and is a part of the Building Materials industry. The current market capitalization of Martin Marietta Materials, Inc. is $36.97B. A total of 0.92 million shares were traded on the day, compared to an average of 452.17K shares.

In the most recent transaction, BAR ROSELYN R sold 10,000 shares of MLM for 603.29 per share on Mar 14 ’24. After the transaction, the EVP, General Counsel and Secy now owns 59,970 company shares. In a previous transaction on Mar 05 ’24, Nye C Howard sold 15,000 shares at 604.26 per share. MLM shares that Chairman, Pres & CEO owns now total 134,640.

Among the insiders who sold shares, Nye C Howard disposed of 5,000 shares on Mar 05 ’24 at a per-share price of $604.26. This resulted in the Chairman, Pres & CEO holding 70,400 shares of MLM after the transaction. In another insider transaction, COLE SUE W sold 1,724 shares at $543.48 per share on Feb 16 ’24. Company shares held by the Director now total 19,793.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Martin Marietta Materials, Inc. pays an annual dividend of $3.01, resulting in a dividend yield of 0.50%, and it has a price to earnings (P/E) ratio of 18.33. MLM’s most recent ex-dividend date was 9/3/2024 when it declared a $0.79 quarterly dividend that was paid in cash on 9/30/2024. Previously, the company paid the dividend on 6/28/2024 with an ex-dividend date of 6/3/2024. The MLM stock dividend was $0.74 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, MLM has a high of $626.67 and a low of $398.59.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. MLM’s latest balance sheet shows that the firm has $258.40M in Cash & Short Term Investments as of fiscal 2021. There were $5.53B in debt and $752.60M in liabilities at the time. Its Book Value Per Share was $144.61, while its Total Shareholder’s Equity was $6.54B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MLM is Buy with a score of 4.38.

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