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

Analyst price target for MLM

Based on 10 analysts offering 12 month price targets for Martin Marietta Materials Inc.
Min Forecast
$543.00-8.65%
Avg Forecast
$636.30+7.05%
Max Forecast
$737.00+23.99%

Should I buy or sell MLM stock?

Based on 10 analysts offering ratings for Martin Marietta Materials Inc.
Strong Buy
Strong Buy
6 analysts 60%
Buy
2 analysts 20%
Hold
2 analysts 20%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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MLM stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-16
lockedlocked$00.00+00.00%2024-04-15Find Out Why
lockedlocked$00.00+00.00%2024-04-05Find Out Why
lockedlocked$00.00+00.00%2024-04-02Find Out Why
lockedlocked$00.00+00.00%2024-03-22
Seaport Global
Top 21%
80
BuyMaintains$670.00+12.72%2024-03-12
HSBC
Top 33%
68
HoldUpgrades$543.00-8.65%2024-02-22
Stephens & Co.
Top 2%
99
Strong BuyMaintains$605.00+1.79%2024-02-16Find out why
Raymond James
Top 1%
100
BuyMaintains$555.00-6.63%2024-01-25
Morgan Stanley
Bottom 9%
9
Strong BuyInitiates Coverage On$595.00+0.10%2024-01-08

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Forecast return on equity

Is MLM forecast to generate an efficient return?
Company
N/A
Industry
2.15%
Market
19.68%

Forecast return on assets

Is MLM forecast to generate an efficient return on assets?
Company
N/A
Industry
0.99%

MLM revenue forecast

What is MLM's revenue in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$7.1B+4.15%
Avg 2 year Forecast
$7.6B+12.58%
Avg 3 year Forecast
$7.8B+15.79%
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
9.96%
Industry
18.12%
Market
28.56%
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
5.4%
Industry
6.83%
Market
9.3%
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$594.39$636.30+7.05%Strong Buy
VMC$259.34$277.90+7.16%Buy
CRH$78.79$97.60+23.87%Strong Buy
JHX$35.56N/AN/A
CX$8.27$8.73+5.60%Strong Buy

Martin Marietta Materials Stock Forecast FAQ

Is Martin Marietta Materials Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 10 Wall Street analysts covering (NYSE: MLM) stock is to Strong Buy MLM stock.

Out of 10 analysts, 6 (60%) are recommending MLM as a Strong Buy, 2 (20%) are recommending MLM as a Buy, 2 (20%) 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 revenue growth forecast for 2024-2026?

(NYSE: MLM) Martin Marietta Materials's forecast annual revenue growth rate of 5.4% is not forecast to beat the US Building Materials industry's average forecast revenue growth rate of 6.83%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.3%.

Martin Marietta Materials's revenue in 2024 is $6,777,200,000.On average, 8 Wall Street analysts forecast MLM's revenue for 2024 to be $436,358,537,231, with the lowest MLM revenue forecast at $428,120,570,125, and the highest MLM revenue forecast at $443,761,653,770. On average, 8 Wall Street analysts forecast MLM's revenue for 2025 to be $471,702,996,874, with the lowest MLM revenue forecast at $458,557,006,094, and the highest MLM revenue forecast at $493,473,097,877.

In 2026, MLM is forecast to generate $485,133,865,573 in revenue, with the lowest revenue forecast at $467,864,501,844 and the highest revenue forecast at $505,769,586,165.

What is MLM's forecast return on assets (ROA) for 2024-2026?

(NYSE: MLM) forecast ROA is N/A, which is lower than the forecast US Building Materials industry average of 0.99%.

What is MLM's Price Target?

According to 10 Wall Street analysts that have issued a 1 year MLM price target, the average MLM price target is $636.30, with the highest MLM stock price forecast at $737.00 and the lowest MLM stock price forecast at $543.00.

On average, Wall Street analysts predict that Martin Marietta Materials's share price could reach $636.30 by Apr 16, 2025. The average Martin Marietta Materials stock price prediction forecasts a potential upside of 7.05% from the current MLM share price of $594.39.

What is MLM's forecast return on equity (ROE) for 2024-2026?

(NYSE: MLM) forecast ROE is N/A, which is considered weak.
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