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NYSE: MLM
Martin Marietta Materials Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for MLM

Based on 14 analysts offering 12 month price targets for Martin Marietta Materials Inc.
Min Forecast
$350.00+3.91%
Avg Forecast
$407.57+21%
Max Forecast
$455.00+35.08%

Should I buy or sell MLM stock?

Based on 14 analysts offering ratings for Martin Marietta Materials Inc.
Strong Buy
Strong Buy
7 analysts 50%
Buy
3 analysts 21.43%
Hold
4 analysts 28.57%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their MLM stock forecasts and price targets.

MLM stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Morgan Stanley
Bottom 12%
12
HoldMaintains$390.00+15.79%2023-02-21
DA Davidson
Top 2%
99
Strong BuyMaintains$450.00+33.60%2023-02-16Find out why
Loop Capital
Top 15%
86
Strong BuyMaintains$450.00+33.60%2023-02-16Find out why
Raymond James
Top 5%
96
BuyMaintains$405.00+20.24%2023-02-16
Goldman Sachs
Top 5%
96
HoldMaintains$420.00+24.69%2023-02-16
Atlantic Equities
Bottom 38%
38
HoldDowngrades$350.00+3.91%2023-01-24
Stifel Nicolaus
Top 17%
84
Strong BuyMaintains$405.00+20.24%2022-12-19Find out why
Morgan Stanley
Bottom 12%
12
HoldDowngrades$399.00+18.46%2022-12-14
JP Morgan
Bottom 34%
34
Strong BuyMaintains$395.00+17.27%2022-12-08
Citigroup
Top 3%
98
Strong BuyMaintains$386.00+14.60%2022-10-10

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Forecast return on equity

Is MLM forecast to generate an efficient return?
Company
19.77%
Industry
21.56%
Market
52.51%
MLM's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is MLM forecast to generate an efficient return on assets?
Company
9.46%
Industry
9.74%
MLM is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

MLM earnings per share forecast

What is MLM's earnings per share in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$16.77+20.56%
Avg 2 year Forecast
$19.69+41.55%
Avg 3 year Forecast
$22.83+64.13%
MLM's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

MLM revenue forecast

What is MLM's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$6.8B+10.2%
Avg 2 year Forecast
$7.4B+19.87%
Avg 3 year Forecast
$6.4B+4.5%
MLM's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MLM earnings growth forecast

How is MLM forecast to perform vs Building Materials companies and vs the US market?
Company
18.98%
Industry
11.26%
Market
26.86%
MLM's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
MLM's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
MLM's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

MLM revenue growth forecast

How is MLM forecast to perform vs Building Materials companies and vs the US market?
Company
5.04%
Industry
3.85%
Market
9.33%
MLM's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MLM's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MLM vs Building Material Stocks

TickerPricePrice TargetUp/downsideConsensus
MLM$336.83$407.57+21.00%Strong Buy
VMC$166.20$195.80+17.81%Buy
CX$5.02$5.45+8.57%Hold
JHX$21.03$29.80+41.70%Strong Buy
CRH$48.10$52.00+8.11%Strong Buy
View Top Building Material Stocks

Martin Marietta Materials Stock Forecast FAQ

Is Martin Marietta Materials Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 14 Wall Street analysts covering (NYSE: MLM) stock is to Strong Buy MLM stock.

Out of 14 analysts, 7 (50%) are recommending MLM as a Strong Buy, 3 (21.43%) are recommending MLM as a Buy, 4 (28.57%) are recommending MLM as a Hold, 0 (0%) are recommending MLM as a Sell, and 0 (0%) are recommending MLM as a Strong Sell.

If you're new to stock investing, here's how to buy Martin Marietta Materials stock.

What is MLM's earnings growth forecast for 2023-2025?

(NYSE: MLM) Martin Marietta Materials's forecast annual earnings growth rate of 18.98% is forecast to beat the US Building Materials industry's average forecast earnings growth rate of 11.26%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 26.86%.

Martin Marietta Materials's earnings in 2023 is $866,800,000.On average, 8 Wall Street analysts forecast MLM's earnings for 2023 to be $1,041,476,550, with the lowest MLM earnings forecast at $954,531,579, and the highest MLM earnings forecast at $1,200,461,641. On average, 1 Wall Street analyst forecast MLM's earnings for 2024 to be $1,222,818,919, with the lowest MLM earnings forecast at $1,222,818,919, and the highest MLM earnings forecast at $1,222,818,919.

In 2025, MLM is forecast to generate $1,417,824,069 in earnings, with the lowest earnings forecast at $1,417,824,069 and the highest earnings forecast at $1,417,824,069.

What is MLM's revenue growth forecast for 2023-2025?

(NYSE: MLM) Martin Marietta Materials's forecast annual revenue growth rate of 5.04% is forecast to beat the US Building Materials industry's average forecast revenue growth rate of 3.85%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.33%.

Martin Marietta Materials's revenue in 2023 is $6,160,700,000.On average, 4 Wall Street analysts forecast MLM's revenue for 2023 to be $421,643,737,639, with the lowest MLM revenue forecast at $413,355,025,101, and the highest MLM revenue forecast at $429,083,805,152. On average, 1 Wall Street analysts forecast MLM's revenue for 2024 to be $458,610,255,336, with the lowest MLM revenue forecast at $458,610,255,336, and the highest MLM revenue forecast at $458,610,255,336.

In 2025, MLM is forecast to generate $399,822,661,338 in revenue, with the lowest revenue forecast at $399,822,661,338 and the highest revenue forecast at $399,822,661,338.

What is MLM's forecast return on assets (ROA) for 2023-2025?

(NYSE: MLM) forecast ROA is 9.46%, which is lower than the forecast US Building Materials industry average of 9.74%.

What is MLM's Price Target?

According to 14 Wall Street analysts that have issued a 1 year MLM price target, the average MLM price target is $407.57, with the highest MLM stock price forecast at $455.00 and the lowest MLM stock price forecast at $350.00.

On average, Wall Street analysts predict that Martin Marietta Materials's share price could reach $407.57 by Feb 21, 2024. The average Martin Marietta Materials stock price prediction forecasts a potential upside of 21% from the current MLM share price of $336.83.

What is MLM's Earnings Per Share (EPS) forecast for 2023-2025?

(NYSE: MLM) Martin Marietta Materials's current Earnings Per Share (EPS) is $13.91. On average, analysts forecast that MLM's EPS will be $16.77 for 2023, with the lowest EPS forecast at $15.37, and the highest EPS forecast at $19.33. On average, analysts forecast that MLM's EPS will be $19.69 for 2024, with the lowest EPS forecast at $19.69, and the highest EPS forecast at $19.69. In 2025, MLM's EPS is forecast to hit $22.83 (min: $22.83, max: $22.83).

What is MLM's forecast return on equity (ROE) for 2023-2025?

(NYSE: MLM) forecast ROE is 19.77%, which is considered weak.
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