Is Mueller Industries, Inc (NYSE: MLI) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

MLI belongs to the Industrials sector of the NYSE while operating in the Metal Fabrication industry. The current market capitalization of Mueller Industries, Inc is $10.95B. A total of 0.69 million shares were traded on the day, compared to an average of 785.13K shares.

In the most recent transaction, HANSEN JOHN B sold 1,000 shares of MLI for 83.09 per share on Oct 30 ’24. After the transaction, the Director now owns 94,914 company shares. In a previous transaction on Aug 23 ’24, Christopher Gregory L. sold 50,000 shares at 70.55 per share. MLI shares that Chairman of the Board & CEO owns now total 1,164,311.

Among the insiders who sold shares, Christopher Gregory L. disposed of 50,000 shares on Aug 22 ’24 at a per-share price of $69.92. This resulted in the Chairman of the Board & CEO holding 1,214,311 shares of MLI after the transaction. In another insider transaction, Christopher Gregory L. bought 100,000 shares at $69.90 per share on Aug 22 ’24.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Mueller Industries, Inc pays an annual dividend of $0.75, resulting in a dividend yield of 0.79%, and it has a price to earnings (P/E) ratio of 18.53. MLI’s most recent ex-dividend date was 12/6/2024 when it declared a $0.20 quarterly dividend that was paid in cash on 12/20/2024. Previously, the company paid the dividend on 9/20/2024 with an ex-dividend date of 9/6/2024. The MLI stock dividend was $0.20 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, MLI has a high of $95.84 and a low of $37.54.

As of this writing, MLI has an earnings estimate of $1.12 per share for the current quarter. EPS was calculated based on a consensus of 1.0 estimates, with a high estimate of $1.12 per share and a lower estimate of $1.12. The company reported an EPS of $1 in the last quarter

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. MLI’s latest balance sheet shows that the firm has $87.92M in Cash & Short Term Investments as of fiscal 2021. There were $24.99M in debt and $382.44M in liabilities at the time. Its Book Value Per Share was $23.55, while its Total Shareholder’s Equity was $1.26B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. 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 MLI is Buy with a score of 3.00.

Most Popular

Related Posts