$591.82
0[0.00%]
At close: Apr 24
$591.82
0[0.00%]
PreMarket: 4:03PM EDT
Martin Marietta Materials
(NYSE:MLM)Martin Marietta Materials Stock (NYSE:MLM), Analyst Ratings, Price Targets, Predictions
Martin Marietta Materials Inc has a consensus price target of $514.55, established from looking at the 80 latest analyst ratings. The last 3 analyst ratings were released from Goldman Sachs, Stifel, and Citigroup on April 16, 2024, April 15, 2024, and April 5, 2024. With an average price target of $698.33 between Goldman Sachs, Stifel, and Citigroup, there's an implied 18.00% upside for Martin Marietta Materials Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Goldman Sachs
Stifel
Citigroup
Truist Securities
JP Morgan
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Martin Marietta Materials
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/16/2024 | MLM | Buy Now | Martin Marietta Materials | $591.82 | 24.53% | Goldman Sachs | Jerry Revich | $642 → $737 | Maintains | Buy | Get Alert |
| 04/15/2024 | MLM | Buy Now | Martin Marietta Materials | $591.82 | 9.83% | Stifel | Stanley Elliott | $621 → $650 | Maintains | Buy | Get Alert |
| 04/05/2024 | MLM | Buy Now | Martin Marietta Materials | $591.82 | 19.63% | Citigroup | Anthony Pettinari | $635 → $708 | Maintains | Buy | Get Alert |
| 04/02/2024 | MLM | Buy Now | Martin Marietta Materials | $591.82 | 18.28% | Truist Securities | Keith Hughes | $610 → $700 | Maintains | Buy | Get Alert |
| 03/22/2024 | MLM | Buy Now | Martin Marietta Materials | $591.82 | 1.38% | JP Morgan | Adrian Heurta | $530 → $600 | Downgrade | Overweight → Neutral | Get Alert |
| 03/12/2024 | MLM | Buy Now | Martin Marietta Materials | $591.82 | 13.21% | Seaport Global | Rohit Seth | $520 → $670 | Maintains | Buy | Get Alert |
| 03/08/2024 | MLM | Buy Now | Martin Marietta Materials | $591.82 | — | Wolfe Research | Timna Tanners | — | Downgrade | Outperform → Peer Perform | Get Alert |
| 02/22/2024 | MLM | Buy Now | Martin Marietta Materials | $591.82 | -8.25% | HSBC | Wesley Brooks | $376 → $543 | Upgrade | Reduce → Hold | Get Alert |
| 02/16/2024 | MLM | Buy Now | Martin Marietta Materials | $591.82 | 2.23% | Stephens & Co. | Trey Grooms | $575 → $605 | Maintains | Overweight | Get Alert |
| 02/16/2024 | MLM | Buy Now | Martin Marietta Materials | $591.82 | 8.48% | Goldman Sachs | Jerry Revich | $560 → $642 | Maintains | Buy | Get Alert |
| 02/16/2024 | MLM | Buy Now | Martin Marietta Materials | $591.82 | 7.3% | Citigroup | Anthony Pettinari | $573 → $635 | Maintains | Buy | Get Alert |
| 02/15/2024 | MLM | Buy Now | Martin Marietta Materials | $591.82 | 3.07% | Truist Securities | Rohit Seth | $550 → $610 | Maintains | Buy | Get Alert |
| 01/25/2024 | MLM | Buy Now | Martin Marietta Materials | $591.82 | -6.22% | Raymond James | Patrick Tyler Brown | $505 → $555 | Maintains | Outperform | Get Alert |
| 01/08/2024 | MLM | Buy Now | Martin Marietta Materials | $591.82 | 0.54% | Morgan Stanley | Angel Castillo | → $595 | Initiates | → Overweight | Get Alert |
| 12/19/2023 | MLM | Buy Now | Martin Marietta Materials | $591.82 | 1.04% | Stifel | Stanley Elliott | $510 → $598 | Maintains | Buy | Get Alert |
| 12/12/2023 | MLM | Buy Now | Martin Marietta Materials | $591.82 | — | JP Morgan | Adrian Heurta | — | Upgrade | Neutral → Overweight | Get Alert |
| 11/02/2023 | MLM | Buy Now | Martin Marietta Materials | $591.82 | -14.67% | Raymond James | Patrick Tyler Brown | $490 → $505 | Maintains | Outperform | Get Alert |
| 11/02/2023 | MLM | Buy Now | Martin Marietta Materials | $591.82 | -8.76% | Stephens & Co. | Trey Grooms | $525 → $540 | Maintains | Overweight | Get Alert |
| 10/24/2023 | MLM | Buy Now | Martin Marietta Materials | $591.82 | -12.14% | Seaport Global | Rohit Seth | → $520 | Upgrade | Neutral → Buy | Get Alert |
FAQ
What is the target price for Martin Marietta Materials (MLM)?
The latest price target for Martin Marietta Materials (NYSE: MLM) was reported by Goldman Sachs on April 16, 2024. The analyst firm set a price target for $737.00 expecting MLM to rise to within 12 months (a possible 24.53% upside). 34 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Martin Marietta Materials (MLM)?
The latest analyst rating for Martin Marietta Materials (NYSE: MLM) was provided by Goldman Sachs, and Martin Marietta Materials maintained their buy rating.
When was the last upgrade for Martin Marietta Materials (MLM)?
The last upgrade for Martin Marietta Materials Inc happened on February 22, 2024 when HSBC raised their price target to $543. HSBC previously had a reduce for Martin Marietta Materials Inc.
When was the last downgrade for Martin Marietta Materials (MLM)?
The last downgrade for Martin Marietta Materials Inc happened on March 22, 2024 when JP Morgan changed their price target from $530 to $600 for Martin Marietta Materials Inc.
When is the next analyst rating going to be posted or updated for Martin Marietta Materials (MLM)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Martin Marietta Materials, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Martin Marietta Materials was filed on April 16, 2024 so you should expect the next rating to be made available sometime around April 16, 2025.
Is the Analyst Rating Martin Marietta Materials (MLM) correct?
While ratings are subjective and will change, the latest Martin Marietta Materials (MLM) rating was a maintained with a price target of $642.00 to $737.00. The current price Martin Marietta Materials (MLM) is trading at is $591.82, which is out of the analyst’s predicted range.
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