Martin Marietta (MLM) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the sys ...

RALEIGH, N.C., May 16, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) ("Martin Marietta" or the "Company") today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.74 per share on the Company's outstanding common stock. This dividend, which represents a cash dividend of $2.96 per share on an annualized basis, is payable June 28, 2024, to shareholders of record at the close of business on June 3, 2024. Martin Marietta, a member of the S&P 500 Index ...

RALEIGH, N.C., May 16, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE: MLM) (“Martin Marietta” or the “Company”) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.74 per share on the Company’s outstanding common stock. This dividend, which represents a cash dividend of $2.96 per share on an annualized basis, is payable June 28, 2024, to shareholders of record at the close of business on June 3, 2024. Martin Marietta, a member of the S&P 500 Inde ...

财务数据和关键指标变化 - 公司将全年2024年调整后EBITDA指引上调至23.7亿美元中值,反映了最近收购Blue Water业务的利益以及今年定价行动的强劲实现 [12] - 尽管发货量下降,但聚合料毛利增加至2.39亿美元,毛利率增加90个基点至27% [29][30] - 水泥和混凝土业务收入下降22%至2.65亿美元,毛利下降47%至3100万美元,主要由于出售南德克萨斯水泥厂及相关混凝土业务的影响 [31] - 镁系列产品业务实现历史最高季度毛利2900万美元,尽管收入下降3%至8100万美元 [34] 各条业务线数据和关键指标变化 - 聚合料价格上涨12.2%,有机混合调整后上涨12.7%,反映了公司的价值优先策略 [16] - 聚合料发货量下降12.3%,主要受天气影响和仓储、办公和零售建筑需求疲软所致,但中西部地区相对较强 [17] - 水泥和混凝土业务受到南德克萨斯资产出售的影响,但密尔沃斯基水泥厂新磨机将于2024年第三季度投产,增加约45万吨高毛利年产能 [32][33] - 沥青和铺路业务由于冬季关停而录得2200万美元毛损 [33] 各个市场数据和关键指标变化 - 基础设施市场预计2024年将增长16%至1260亿美元,联邦、州和地方政府投资为该领域提供持续支持 [20][21] - 制造业项目建设支出持续增长,2024年2月季调年率达2230亿美元,同比增32% [22] - 数据中心建设有望重拾增长势头,如谷歌宣布在堪萨斯城投资10亿美元建设新数据中心 [23] - 轻型非住宅市场2024年需求可能受高利率和办公空置率上升的影响而受挫 [24] - 住宅市场尽管短期受抵押贷款利率上升影响,但单户住房开工数自2023年11月以来一直保持在100万单位以上,反映了从低谷的复苏 [25] 公司战略和发展方向及行业竞争 - 公司继续执行SOAR 2025战略,通过4.5亿美元的资产交易优化投资组合,减少周期性下游业务,并扩大聚合料业务版图 [13][14][15] - 公司看好基础设施、制造业和数据中心建设带来的长期需求增长,预计将部分抵消仓储、轻型非住宅和住宅市场的近期疲软 [18][22][23][24][25] - 公司认为其在目标市场的主导地位和独特的地理优势,将使其能够从行业长期趋势中获益 [18][25] - 公司将继续通过价值优先策略、卓越的运营和有选择性的收购来推动增长,并保持投资级信用评级 [10][11][36] 管理层对经营环境和未来前景的评论 - 管理层对公司2024年的前景保持乐观,认为基础设施、制造业和数据中心建设将带来持续的产品需求和有利的定价趋势 [18][22][23] - 尽管短期内轻型非住宅和住宅市场存在一定下行压力,但管理层相信随着可负担性问题的缓解,住宅市场将会复苏 [24][25] - 管理层认为公司在目标市场的主导地位和独特的地理优势,将使其能够从行业长期趋势中获益 [18][25] - 管理层表示将继续通过价值优先策略、卓越的运营和有选择性的收购来推动增长,并保持投资级信用评级 [10][11][36] 问答环节重要的提问和回答 问题1 **Trey Grooms提问** 询问收购AFS和BWI的整合进展,以及对需求环境的看法 [44] **Howard Nye回答** - 收购整合进展顺利,公司已将新收购的业务纳入自身运营体系 - 对需求环境的看法:基础设施和重型非住宅市场前景良好,但轻型非住宅和住宅市场存在一定下行压力,预计全年有机量增长在-2%至+2%区间 [45][49][50][51][52][53][54] 问题2 **Kathryn Thompson提问** 询问定价指引中包含的中期定价调整情况,以及Magnesia Specialties业务的表现 [61][62] **Howard Nye回答** - 定价指引中已包含部分中期定价调整,但还有进一步中期调整的空间 - Magnesia Specialties业务表现出色,反映了钢铁行业相对健康以及TPO屋面材料需求的复苏,是制造业复苏的一个信号 [63][64][65][66][67] 问题3 **Stanley Elliott提问** 询问各终端市场的情况 [72] **Howard Nye回答** - 基础设施市场预计将增长中单位数至高单位数,受益于基建法案项目推进和州政府预算增加 - 重型非住宅市场保持韧性,制造业和数据中心建设持续支撑 - 轻型非住宅市场可能受高利率和办公空置率上升的影响而短期承压 - 住宅市场尽管短期受抵押贷款利率影响,但长期看好,特别是单户住房建设 [73][74][75][76][77][78][79][80]

Q1 2024 SUPPLEMENTAL INFORMATION* April 30, 2024 * All information provided in these slides is qualified in its entirety by reference to theCompany'sfilings with the Securities and Exchange Commission (SEC), which are available on both the Company’s and the SEC’s websites. Statement Regarding Safe Harbor for Forward-Looking Statements Investors are cautioned that all statements herein that relate to the future involve risks and uncertainties, and are based on assumptions that the Company believes in good fa ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-12744 MARTIN MARIETTA MATERIALS, INC. (Exact Name of Registrant as Specified in its Charter) North Carolina 56-1848578 (State or ot ...

Martin Marietta Materials, Inc. (MLM) reported mixed results for the first quarter of 2024. Earnings surpassed the Zacks Consensus Estimate but revenues missed the same. Both the top and bottom lines decreased on a year-over-year basis.Following the results, shares of this producer and supplier of construction aggregates and other heavy building materials lost 0.7% in the pre-market trading session on Apr 30.Going forward, MLM anticipates record federal-level and state-level infrastructure investments, larg ...

For the quarter ended March 2024, Martin Marietta (MLM) reported revenue of $1.25 billion, down 7.6% over the same period last year. EPS came in at $1.93, compared to $2.16 in the year-ago quarter.The reported revenue represents a surprise of -3.40% over the Zacks Consensus Estimate of $1.3 billion. With the consensus EPS estimate being $1.88, the EPS surprise was +2.66%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ex ...

Martin Marietta (MLM) came out with quarterly earnings of $1.93 per share, beating the Zacks Consensus Estimate of $1.88 per share. This compares to earnings of $2.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.66%. A quarter ago, it was expected that this seller of granite, limestone, sand and gravel would post earnings of $3.96 per share when it actually produced earnings of $4.63, delivering a surprise of 16.92%.Over ...

Exhibit 99.1 MARTIN MARIETTA REPORTS FIRST-QUARTER 2024 RESULTS First-Quarter Aggregates Gross Profit Per Ton Increased 14 Percent to $6.53 Magnesia Specialties Achieved Record Quarterly Gross Profit Quarter Highlights Include Significant Portfolio Enhancements Full-Year 2024 Guidance Raised to $2.37 Billion at the Midpoint RALEIGH, N.C. (April 30, 2024) – Martin Marietta Materials, Inc. (NYSE: MLM) (“Martin Marietta” or the “Company”), a leading national supplier of aggregates and heavy building materials, ...