Are Things Looking Up For Mueller Industries, Inc (NYSE: MLI)?

After Hours

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Stocks Info

The company is listed on the NYSE and operates within the Metal Fabrication industry segment. The current market capitalization of Mueller Industries, Inc is $10.35B. A total of 0.62 million shares were traded on the day, compared to an average of 786.33K 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

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Mueller Industries, Inc pays an annual dividend of $0.75, resulting in a dividend yield of 0.82%, and it has a price to earnings (P/E) ratio of 17.68. 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.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, MLI has a high of $96.81 and a low of $40.43.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on 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 may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. 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.

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