Martin Marietta Materials (MLM) stock forecast for 2024. Forecast tables and graphs.

Martin Marietta Materials (MLM) stock forecast for 2024

Last update: 08-13-2022, 10:29

Sector: Basic materials

The share price of Martin Marietta Materials, Inc. (MLM) now

What analysts predict:: $410.66

52-week high/low: $444.95 / $284.99

50/200 Day Moving Average: $326.91 / $372.6

This figure corresponds to the average price over the previous 50/200 days. For Martin Marietta Materials stocks, the 50-day moving average is the support level today.

For Martin Marietta Materials stocks, the 200-day moving average is the resistance level today.

Are you interested in Martin Marietta Materials stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Martin Marietta Materials stock price in 2024. How much will one Martin Marietta Materials share be worth in 2024?

Is it worth taking profit / loss on Martin Marietta Materials stock now or waiting? What are analysts' forecasts for Martin Marietta Materials stock?

We forecast Martin Marietta Materials stock performance using neural networks based on historical data on Martin Marietta Materials stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

The Martin Marietta Materials stock prediction results are shown below and presented as a graph, table and text information.

Martin Marietta Materials stock forecasts are adjusted once a day based on the closing price of the previous trading day.

The minimum target price for Martin Marietta Materials analysts is $410.66.

Today 200 Day Moving Average is the resistance level (372.6 $).

50 Day Moving Average is the support level (326.91 $).





Historical and forecast chart of Martin Marietta Materials stock

The chart below shows the historical price of Martin Marietta Materials stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Martin Marietta Materials stock price can be found in the table below.

Martin Marietta Materials (MLM) Forecast for 2024

Month Target Pes. Opt. Vol., %
Jan 404.02 395.29 427.29 7.49 %
Feb 418.93 389.52 432.88 10.02 %
Mar 426.85 415.71 457.58 9.15 %
Apr 431.07 417.11 459.78 9.28 %
May 408.96 394.60 418.53 5.72 %
Jun 392.76 383.22 409.38 6.39 %
Jul 405.84 392.69 434.70 9.66 %
Aug 410.59 390.27 434.98 10.28 %
Sep 400.61 383.31 412.15 7.00 %
Oct 427.29 409.60 436.52 6.17 %
Nov 438.45 412.01 449.10 8.26 %
Dec 419.11 404.02 428.54 5.72 %

Martin Marietta Materials information and performance

Martin Marietta Materials Inc. Is a leading supplier of building materials and equipment in the United States.

Official site of the company

Martin Marietta Materials Address

2710 WYCLIFF ROAD, RALEIGH, NC, US

Market Capitalization: 23 084 655 000 $

Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.

EBITDA: 1 522 400 000 $

EBITDA is earnings before interest, income tax and depreciation of assets.

PE Ratio: 29.37

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 2.323

Price/earnings to growth

DPS: 2.44

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: 0.0071

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 12.6

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: 0.624

Quarterly Revenue Growth YOY: 0.176

Trailing PE: 29.37

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 28.33

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 4.636

Enterprise Value (EV) /Revenue

EV To EBITDA: 16.69

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 62374000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A

Percent Insiders: N/A

Percent Institutions: N/A

Martin Marietta Materials price target for 2021 by month


Target values for the price of one Martin Marietta Materials share for Jan 2024.

The weighted average target price per Martin Marietta Materials share in Jan 2024 is: 404.02. In Jan, the positive dynamics for Momo shares will prevail with possible monthly volatility of 7.489% volatility is expected.

Pessimistic target level: 395.29

Optimistic target level: 427.29


Target values for the price of one Martin Marietta Materials share for Feb 2024.

The weighted average target price per Martin Marietta Materials share in Feb 2024 is: 418.93. In Feb, the positive dynamics for Momo shares will prevail with possible monthly volatility of 10.016% volatility is expected.

Pessimistic target level: 389.52

Optimistic target level: 432.88


Target values for the price of one Martin Marietta Materials share for Mar 2024.

The weighted average target price per Martin Marietta Materials share in Mar 2024 is: 426.85. In Mar, the positive dynamics for Momo shares will prevail with possible monthly volatility of 9.151% volatility is expected.

Pessimistic target level: 415.71

Optimistic target level: 457.58


Target values for the price of one Martin Marietta Materials share for Apr 2024.

The weighted average target price per Martin Marietta Materials share in Apr 2024 is: 431.07. In Apr, the positive dynamics for Momo shares will prevail with possible monthly volatility of 9.282% volatility is expected.

Pessimistic target level: 417.11

Optimistic target level: 459.78


Target values for the price of one Martin Marietta Materials share for May 2024.

The weighted average target price per Martin Marietta Materials share in May 2024 is: 408.96. In May, the negative dynamics for Momo shares will prevail with possible monthly volatility of 5.716% volatility is expected.

Pessimistic target level: 394.60

Optimistic target level: 418.53


Target values for the price of one Martin Marietta Materials share for Jun 2024.

The weighted average target price per Martin Marietta Materials share in Jun 2024 is: 392.76. In Jun, the negative dynamics for Momo shares will prevail with possible monthly volatility of 6.390% volatility is expected.

Pessimistic target level: 383.22

Optimistic target level: 409.38


Target values for the price of one Martin Marietta Materials share for Jul 2024.

The weighted average target price per Martin Marietta Materials share in Jul 2024 is: 405.84. In Jul, the positive dynamics for Momo shares will prevail with possible monthly volatility of 9.663% volatility is expected.

Pessimistic target level: 392.69

Optimistic target level: 434.70


Target values for the price of one Martin Marietta Materials share for Aug 2024.

The weighted average target price per Martin Marietta Materials share in Aug 2024 is: 410.59. In Aug, the positive dynamics for Momo shares will prevail with possible monthly volatility of 10.279% volatility is expected.

Pessimistic target level: 390.27

Optimistic target level: 434.98


Target values for the price of one Martin Marietta Materials share for Sep 2024.

The weighted average target price per Martin Marietta Materials share in Sep 2024 is: 400.61. In Sep, the negative dynamics for Momo shares will prevail with possible monthly volatility of 6.998% volatility is expected.

Pessimistic target level: 383.31

Optimistic target level: 412.15


Target values for the price of one Martin Marietta Materials share for Oct 2024.

The weighted average target price per Martin Marietta Materials share in Oct 2024 is: 427.29. In Oct, the positive dynamics for Momo shares will prevail with possible monthly volatility of 6.167% volatility is expected.

Pessimistic target level: 409.60

Optimistic target level: 436.52


Target values for the price of one Martin Marietta Materials share for Nov 2024.

The weighted average target price per Martin Marietta Materials share in Nov 2024 is: 438.45. In Nov, the positive dynamics for Momo shares will prevail with possible monthly volatility of 8.259% volatility is expected.

Pessimistic target level: 412.01

Optimistic target level: 449.10


Target values for the price of one Martin Marietta Materials share for Dec 2024.

The weighted average target price per Martin Marietta Materials share in Dec 2024 is: 419.11. In Dec, the negative dynamics for Momo shares will prevail with possible monthly volatility of 5.721% volatility is expected.

Pessimistic target level: 404.02

Optimistic target level: 428.54




Martin Marietta Materials (MLM) stock dividend

Martin Marietta Materials last paid dividends on 08/31/2022. The next scheduled payment will be on 06/30/2022. The amount of dividends is $2.44 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Date: 01/01/1970

Last Split Factor:


Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.


Related stocks from Basic materials sector


Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.