Declared Dividend • May 20
First quarter dividend of US$0.83 announced Shareholders will receive a dividend of US$0.83. Ex-date: 1st June 2026 Payment date: 30th June 2026 Dividend yield will be 0.6%, which is lower than the industry average of 2.5%. Payout Ratios Payout ratio: 21%. Cash payout ratio: 19%. Tillkännagivande • May 16
Martin Marietta Materials, Inc. announces Quarterly dividend, payable on June 30, 2026 Martin Marietta Materials, Inc. announced Quarterly dividend of USD 0.8300 per share payable on June 30, 2026, ex-date on June 01, 2026 and record date on June 01, 2026. Tillkännagivande • May 02
Martin Marietta Materials, Inc. Reaffirms Earnings Guidance for the Full Year 2026 Martin Marietta Materials, Inc. reaffirmed earnings guidance for the full year 2026. For the year, the company reaffirms revenues to be in the range of $7,000 million to $7,320 million; Net earnings from continuing operations attributable to the company of $1,062 million to $1,168 million . Tillkännagivande • May 01
Martin Marietta Materials, Inc. (NYSE : MLM) entered into a definitive agreement to acquire New Frontier Materials LLC. Martin Marietta Materials, Inc. (NYSE : MLM) entered into a definitive agreement to acquire New Frontier Materials LLC on April 19, 2026.
The transaction is expected to close in the second half of this year, subject to regulatory approvals and other customary closing conditions. Tillkännagivande • Apr 30
Martin Marietta Materials, Inc. Announces Executive Appointments Martin Marietta Materials, Inc. announced the appointment of Chris Samborski as Executive Vice President and Chief Operating Officer, effective May 1, 2026. Mr. Samborski has extensive experience leading operating and finance teams. He most recently served as President of Martin Marietta’s West and Specialties Divisions, where he was responsible for the overall operations and strategic direction of those business units. Under his leadership, both the West and Specialties Divisions achieved significant growth and success. Mr. Samborski previously served in several other leadership positions at Martin Marietta, including Vice President of Strategic Finance, Procurement and Supply Chain. Prior to joining Martin Marietta in 2018, Mr. Samborski spent close to ten years in leadership roles at Caterpillar Inc. and Johnson & Johnson, building broad and deep experience in business strategy, operations management and continuous improvement. With Mr. Samborski’s appointment, Kirk Light has assumed leadership of the West and Specialties Divisions while also retaining his historic duties as President of the Southwest Division. Mr. Samborski has held multiple leadership roles across operations and finance since joining Martin Marietta in 2018. Prior to serving as President of the West and Specialties Divisions, he was President of the Specialties Division (2022-2025), Vice President of Strategic Finance, Procurement and Supply Chain (2020-2021) and Vice President of Strategic Finance (2018-2020). Before joining Martin Marietta, Mr. Samborski began his career with General Electric Company and was selected for and completed GE’s elite Operations Management Leadership Program. He subsequently held leadership roles at Johnson & Johnson as well as Caterpillar Inc. He holds a Bachelor of Science degree in Industrial Engineering from the University of Wisconsin-Madison and an MBA in Strategy and General Management from the University of Michigan's Ross School of Business. Tillkännagivande • Feb 20
Martin Marietta Materials, Inc. Declares Quarterly Cash Dividend, Payable on March 31, 2026 The board of directors of Martin Marietta Materials, Inc. declared a regular quarterly cash dividend of $0.83 per share on the company’s outstanding common stock. This dividend will be payable on March 31, 2026, to shareholders of record at the close of business on March 2, 2026. Tillkännagivande • Feb 12
Martin Marietta Materials, Inc. Appoints George F. Schoen as Executive Vice President, General Counsel and Corporate Secretary, Effective March 2026 Martin Marietta Materials, Inc. announced the appointment of George F. Schoen as Executive Vice President, General Counsel and Corporate Secretary, effective March 2026. Mr. Schoen was previously Co-Chair of the Global Mergers and Acquisitions Practice at Cravath, Swaine & Moore LLP. He has extensive experience in M&A, corporate governance, and has advised on significant corporate transactions over the past 25 years. His experience spans public company mergers and acquisitions, hostile and contested transactions, shareholder activism defense, joint ventures and strategic board-level counseling. At Cravath, Mr. Schoen represented companies across multiple industries including construction materials, energy, industrials, media, technology, healthcare and financial services. His notable matters include industry-defining transactions such as Disney’s acquisition of 21st Century Fox, Occidental Petroleum’s acquisition of Anadarko, and Precision Castparts in its acquisition by Berkshire Hathaway, along with numerous high-profile activism defense engagements. Mr. Schoen has been repeatedly recognized as a leading M&A lawyer by, among others, Chambers USA, The Legal 500 US and IFLR1000. Mr. Schoen was named as a “Dealmaker of the Year” by the New York Law Journal in 2022 and The American Lawyer in 2019, and one of “Hollywood’s Top 20 Dealmakers” by The Hollywood Reporter in 2018. Additionally, he has been named by Lawdragon as one of the “500 Leading Lawyers in America,” “500 Leading Dealmakers in America” and “500 Global Leaders in Crisis Management.” Mr. Schoen joined Cravath in 1998 and was elected a partner in 2005. He served as the Firm’s Corporate Hiring Partner from 2011 to 2014. He received a B.A. from Cornell University in 1995 and a J.D. with honors from the University of Chicago Law School in 1998. Tillkännagivande • Feb 11
Martin Marietta Materials, Inc. Provides Earnings Guidance for the Year 2026 Martin Marietta Materials, Inc. provided earnings guidance for the year 2026. For the year, the company expects revenues in the range of $6,420 million to $6,780 million, Net earnings from continuing operations attributable to Martin Marietta in the range of $1,043 million to $1,158 million, Consolidated net earnings attributable to Martin Marietta in the range of $1,243 million to $1,358 million. Tillkännagivande • Jan 22
Martin Marietta Materials, Inc. to Report Q4, 2025 Results on Feb 11, 2026 Martin Marietta Materials, Inc. announced that they will report Q4, 2025 results Pre-Market on Feb 11, 2026 Tillkännagivande • Nov 14
Martin Marietta Materials, Inc. Declares Quarterly Cash Dividend, Payable on December 31, 2025 Martin Marietta Materials, Inc. announced that its Board of Directors has declared a regular quarterly cash dividend of $0.83 per share on the Company’s outstanding common stock. This dividend will be payable on December 31, 2025, to shareholders of record at the close of business on December 1, 2025. Tillkännagivande • Nov 05
Martin Marietta Materials, Inc. Raises Earnings Guidance for the Full Year 2025 Martin Marietta Materials, Inc. raised earnings guidance and consolidated earnings guidance for the full year 2025. For the year, the company expected revenues to be in the range of $6,075 million to $6,250 million; Net earnings attributable to Martin Marietta to be in the range of $985 million to $1,015 million and Consolidated net earnings attributable to Martin Marietta of $1,145 million to $1,175 million . Tillkännagivande • Oct 15
Martin Marietta Materials, Inc. to Report Q3, 2025 Results on Nov 04, 2025 Martin Marietta Materials, Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 04, 2025 Tillkännagivande • Aug 15
Martin Marietta Materials, Inc. Increases Quarterly Cash Dividend, Payable on September 30, 2025 Martin Marietta Materials, Inc. announced that its Board of Directors approved an increase in its quarterly cash dividend, raising it from $0.79 per share to $0.83 per share on the Company’s outstanding common stock. This dividend, representing a cash dividend of $3.32 per share on an annualized basis, is payable September 30, 2025, to shareholders of record at the close of business on September 2, 2025. Tillkännagivande • Aug 07
Martin Marietta Materials, Inc. Provides Consolidated Earnings Guidance for the Full Year 2025 Martin Marietta Materials, Inc. provided consolidated earnings guidance for the full year 2025. For the year, the company expected revenues to be in the range of $6,820 million to $7,120 million; Net earnings attributable to Martin Marietta to be in the range of $1,095 million to $1,185 million, with Mid-Point of Range $1,140 million. Tillkännagivande • Jul 24
Martin Marietta Materials, Inc. to Report Q2, 2025 Results on Aug 07, 2025 Martin Marietta Materials, Inc. announced that they will report Q2, 2025 results Pre-Market on Aug 07, 2025 Tillkännagivande • May 16
Martin Marietta Materials, Inc. Declares Quarterly Cash Dividend, Payable on June 30, 2025 Martin Marietta Materials, Inc. announced that its Board of Directors has declared a regular quarterly cash dividend of $0.79 per share on the Company’s outstanding common stock. This dividend will be payable on June 30, 2025, to shareholders of record at the close of business on June 2, 2025. Tillkännagivande • Apr 12
Martin Marietta Materials, Inc. Announces Chief Financial Officer Changes, Effective April 11, 2025 Martin Marietta Materials, Inc. announced on April 9, 2025, James A.J. Nickolas notified the company of his decision to resign as Chief Financial Officer, effective April 11, 2025 (the “Transition Date”), to join a publicly traded equipment, technology and services company as its Chief Financial Officer. Mr. Nickolas’ resignation is for personal reasons to enable him and his family to relocate to their hometown of Chicago and did not arise from any disagreement on any matter relating to the operations, policies, financial results or accounting practices of the Company. On April 10, 2025, the Company appointed Robert J. Cardin, age 61, to serve as the Company’s Interim Chief Financial Officer, effective as of the Transition Date, and he will hold the position of Interim Chief Financial Officer until his successor is chosen and qualified. Mr. Cardin will continue to serve as Senior Vice President, Controller and Chief Accounting Officer, a position he has held with the Company since 2019. Mr. Cardin is a Certified Public Accountant and holds a bachelor’s degree from the University of Michigan and a Master’s of Business Administration degree from Wayne State University. The Company has initiated a search process of internal and external candidates with the assistance of a leading executive search firm to identify the Company’s next Chief Financial Officer. Tillkännagivande • Feb 24
Martin Marietta Materials, Inc., Annual General Meeting, May 15, 2025 Martin Marietta Materials, Inc., Annual General Meeting, May 15, 2025. Tillkännagivande • Feb 21
Martin Marietta Materials, Inc. Declares Quarterly Cash Dividend, Payable on March 31, 2025 Martin Marietta Materials, Inc. announced that its Board of Directors has declared a regular quarterly cash dividend of $0.79 per share on the Company’s outstanding common stock. This dividend will be payable on March 31, 2025, to shareholders of record at the close of business on March 3, 2025. Tillkännagivande • Feb 13
Martin Marietta Materials, Inc. Provides Earnings Guidance for the Year 2025 Martin Marietta Materials, Inc. provided earnings guidance for the year 2025. For the period, Company expects Total revenues in the range of $6,830 million to $7,230 million. Net earnings from continuing operations attributable to Martin Marietta in the range of $1,005 million to $1,175 million. Tillkännagivande • Jan 23
Martin Marietta Materials, Inc. to Report Q4, 2024 Results on Feb 12, 2025 Martin Marietta Materials, Inc. announced that they will report Q4, 2024 results at 9:30 AM, US Eastern Standard Time on Feb 12, 2025 Tillkännagivande • Dec 04
Martin Marietta Materials, Inc. Announces the Retirement of Roselyn R. Bar as Executive Vice President, General Counsel and Corporate Secretary Martin Marietta Materials, Inc. announced that, on December 2, 2024, Roselyn R. Bar, Executive Vice President, General Counsel and Corporate Secretary, informed the company of her decision to retire from the Company in the second half of 2025. Declared Dividend • Nov 11
Third quarter dividend of US$0.79 announced Shareholders will receive a dividend of US$0.79. Ex-date: 2nd December 2024 Payment date: 31st December 2024 Dividend yield will be 0.5%, which is lower than the industry average of 2.5%. Payout Ratios Payout ratio: 9%. Cash payout ratio: 37%. Tillkännagivande • Nov 08
Martin Marietta Materials, Inc. Declares Quarterly Cash Dividend, Payable December 31, 2024 Martin Marietta Materials, Inc. announced that its Board of Directors has declared a regular quarterly cash dividend of $0.79 per share on the Company’s outstanding common stock. This dividend, which represents a cash dividend of $3.16 per share on an annualized basis, is payable December 31, 2024, to shareholders of record at the close of business on December 2, 2024. Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: US$5.94 (vs US$6.96 in 3Q 2023) Third quarter 2024 results: EPS: US$5.94 (down from US$6.96 in 3Q 2023). Revenue: US$1.89b (down 5.3% from 3Q 2023). Net income: US$363.0m (down 16% from 3Q 2023). Profit margin: 19% (down from 22% in 3Q 2023). Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Basic Materials industry in Europe. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Oct 31
Martin Marietta Materials, Inc. Revises Consolidated Earnings Guidance for the Full Year 2024 Martin Marietta Materials, Inc. revised consolidated earnings guidance for the full year 2024. For the period, the company expects total revenues to be in the range of $6,450 million to $6,705 million. Net earnings from continuing operations attributable to Martin Marietta to be in the range of $1,960 million to $2,020 million. Tillkännagivande • Oct 11
Martin Marietta Materials, Inc. to Report Q3, 2024 Results on Oct 30, 2024 Martin Marietta Materials, Inc. announced that they will report Q3, 2024 results Pre-Market on Oct 30, 2024 Declared Dividend • Aug 19
Second quarter dividend of US$0.79 announced Shareholders will receive a dividend of US$0.79. Ex-date: 3rd September 2024 Payment date: 30th September 2024 Dividend yield will be 0.6%, which is lower than the industry average of 2.5%. Payout Ratios Payout ratio: 9%. Cash payout ratio: 37%. Tillkännagivande • Aug 16
Martin Marietta Materials, Inc. Declares Quarterly Cash Dividend, Payable on September 30, 2024 Martin Marietta Materials, Inc. announced that its Board of Directors approved a 7% increase in its quarterly cash dividend, raising it from $0.74 per share to $0.79 per share on the Company’s outstanding common stock. This dividend, representing a cash dividend of $3.16 per share on an annualized basis, is payable September 30, 2024, to shareholders of record at the close of business on September 3, 2024. Reported Earnings • Aug 09
Second quarter 2024 earnings released: EPS: US$4.78 (vs US$5.61 in 2Q 2023) Second quarter 2024 results: EPS: US$4.78 (down from US$5.61 in 2Q 2023). Revenue: US$1.76b (down 3.1% from 2Q 2023). Net income: US$294.0m (down 15% from 2Q 2023). Profit margin: 17% (down from 19% in 2Q 2023). Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Basic Materials industry in Europe. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Aug 08
Martin Marietta Materials, Inc. Revises Consolidated Earnings Guidance for the Full Year 2024 Martin Marietta Materials, Inc. revised consolidated earnings guidance for the full year 2024. For the year, the company expects total revenues of $6,500 Million to $6,900 Million. Net earnings from continuing operations attributable to Martin Marietta of $2,030 Million to $2,165 Million. Tillkännagivande • Jul 17
Martin Marietta Materials, Inc. to Report Q2, 2024 Results on Aug 08, 2024 Martin Marietta Materials, Inc. announced that they will report Q2, 2024 results Pre-Market on Aug 08, 2024 Buy Or Sell Opportunity • Jul 15
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.6% to €508. The fair value is estimated to be €636, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 31%. For the next 3 years, revenue is forecast to grow by 6.7% per annum. Earnings are forecast to decline by 11% per annum over the same time period. Declared Dividend • May 20
First quarter dividend of US$0.74 announced Shareholders will receive a dividend of US$0.74. Ex-date: 3rd June 2024 Payment date: 28th June 2024 Dividend yield will be 0.5%, which is lower than the industry average of 2.5%. Payout Ratios Payout ratio: 8%. Cash payout ratio: 21%. Tillkännagivande • May 18
Martin Marietta Materials, Inc Declares Quarterly Cash Dividend, Payable June 28, 2024 Martin Marietta Materials, Inc. 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. Buy Or Sell Opportunity • May 18
Now 20% undervalued Over the last 90 days, the stock has risen 7.8% to €534. The fair value is estimated to be €671, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 31%. For the next 3 years, revenue is forecast to grow by 6.8% per annum. Earnings are forecast to decline by 11% per annum over the same time period. Tillkännagivande • May 03
Martin Marietta Materials, Inc. Revises Consolidated Earnings Guidance for the Year 2024 Martin Marietta Materials, Inc. revised consolidated earnings guidance for the year 2024. For the year, the company expects total revenues of $6,900 Million to $7,300 Million. Net earnings from continuing operations attributable to Martin Marietta of $2,210 Million to $2,300 Million. Reported Earnings • May 01
First quarter 2024 earnings released: EPS: US$16.91 (vs US$2.16 in 1Q 2023) First quarter 2024 results: EPS: US$16.91 (up from US$2.16 in 1Q 2023). Revenue: US$1.25b (down 7.6% from 1Q 2023). Net income: US$1.05b (up US$910.7m from 1Q 2023). Profit margin: 84% (up from 9.9% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Basic Materials industry in Europe. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Apr 16
Martin Marietta Materials, Inc., Annual General Meeting, May 16, 2024 Martin Marietta Materials, Inc., Annual General Meeting, May 16, 2024, at 08:00 US Eastern Standard Time. Location: 4123 Parklake Avenue NC 27612 Raliegh North Carolina United States Agenda: To elect 10 directors; to ratify the appointment of PricewaterhouseCoopers LLP as independent auditors for 2024; and to discuss other matters. Tillkännagivande • Apr 09
Martin Marietta Materials, Inc. to Report Q1, 2024 Results on Apr 30, 2024 Martin Marietta Materials, Inc. announced that they will report Q1, 2024 results on Apr 30, 2024 Recent Insider Transactions • Mar 17
Executive VP recently sold €5.5m worth of stock On the 14th of March, Roselyn Bar sold around 10k shares on-market at roughly €554 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €11m. Insiders have been net sellers, collectively disposing of €18m more than they bought in the last 12 months. Recent Insider Transactions • Mar 07
Chairman recently sold €11m worth of stock On the 5th of March, C. Nye sold around 20k shares on-market at roughly €556 per share. This transaction amounted to 8.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was C.'s only on-market trade for the last 12 months. Reported Earnings • Feb 26
Full year 2023 earnings released: EPS: US$19.38 (vs US$13.75 in FY 2022) Full year 2023 results: EPS: US$19.38 (up from US$13.75 in FY 2022). Revenue: US$6.78b (up 10.0% from FY 2022). Net income: US$1.20b (up 40% from FY 2022). Profit margin: 18% (up from 14% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Basic Materials industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 22% per year. Declared Dividend • Feb 26
Fourth quarter dividend of US$0.74 announced Shareholders will receive a dividend of US$0.74. Ex-date: 1st March 2024 Payment date: 28th March 2024 Dividend yield will be 0.5%, which is lower than the industry average of 2.5%. Payout Ratios Payout ratio: 14%. Cash payout ratio: 21%. Tillkännagivande • Feb 23
Martin Marietta Materials, Inc. Declares Quarterly Cash Dividend, Payable on March 28, 2024 Martin Marietta Materials, Inc. 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 March 28, 2024, to shareholders of record at the close of business on March 4, 2024. Buy Or Sell Opportunity • Feb 22
Now 20% undervalued Over the last 90 days, the stock has risen 16% to €492. The fair value is estimated to be €616, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 5.4% per annum. Earnings are also forecast to grow by 7.0% per annum over the same time period. Reported Earnings • Feb 16
Full year 2023 earnings released: EPS: US$19.38 (vs US$13.75 in FY 2022) Full year 2023 results: EPS: US$19.38 (up from US$13.75 in FY 2022). Revenue: US$6.78b (up 18% from FY 2022). Net income: US$1.20b (up 40% from FY 2022). Profit margin: 18% (up from 15% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Basic Materials industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Feb 14
Martin Marietta Materials, Inc. Provides Earnings Guidance for the Year 2024 Martin Marietta Materials, Inc. provides earnings guidance for the year 2024. For the period, company expects total revenue to be in the range of USD 6,745 Million to USD 7,185 Million. net earnings from continuing operations attributable to martin marietta to be in range of USD 1,205 Million to USD 2,340 Million. Tillkännagivande • Feb 13
CRH Americas Materials, Inc. completed the acquisition of Martin Marietta South Texas Cement, LLC and Martin Marietta’s South Texas ready-mix concrete operations from Martin Marietta Materials, Inc. (NYSE:MLM). CRH Americas Materials, Inc. entered into an Equity and Asset Purchase Agreement to acquire Martin Marietta South Texas Cement, LLC and Martin Marietta’s South Texas ready-mix concrete operations from Martin Marietta Materials, Inc. (NYSE:MLM) for $2.1 billion on November 20, 2023. Under the terms of agreement, CRH Americas Materials is paying the consideration of $2.1 billion in cash. As part of the agreement, Martin Marietta South Texas Cement, LLC as well as it's assets will be traded which comprise a 2.1 mt capacity cement plant located between San Antonio and Austin, a network of terminals along the eastern gulf coast of Texas and a portfolio of 20 ready mixed concrete plants with annual shipments of c.1.6m cubic yards serving the Austin and San Antonio markets. In the event that transaction is not consummated then CRH Americas shall pay or cause to be paid to Martin Marietta a termination fee of $100 million in cash.
The transaction is subject to the regulatory approval, expiration or termination of the applicable waiting period the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and is expected to close in H1, 2024..
Richard Cicchillo, Jr. and Kelsey P. Donnalley of Kilpatrick Townsend & Stockton LLP acted as legal advisor to CRH Americas Materials, Inc. Robert I. Townsend III, and George F. Schoen, Joseph D. Zavaglia, Kelly M. Smercina, Christopher K. Fargo, Matthew J. Bobby, Matthew Morreale, Annmarie M. Terraciano, Joyce Law, Brian M. Budnick, Nicole M. Peles and Lauren Piechocki of Cravath, Swaine & Moore LLP acted as legal advisor to Martin Marietta Materials, Inc. Evercore Group L.L.C. is acting as financial advisor to Martin Marietta.
CRH Americas Materials, Inc. completed the acquisition of Martin Marietta South Texas Cement, LLC and Martin Marietta’s South Texas ready-mix concrete operations from Martin Marietta Materials, Inc. (NYSE:MLM) on February 12, 2024. Tillkännagivande • Feb 07
Martin Marietta Materials, Inc. to Report Q4, 2023 Results on Feb 14, 2024 Martin Marietta Materials, Inc. announced that they will report Q4, 2023 results Pre-Market on Feb 14, 2024 Tillkännagivande • Jan 16
Martin Marietta Materials, Inc. (NYSE:MLM) completed the acquisition of Albert Frei & Sons, Inc. Martin Marietta Materials, Inc. (NYSE:MLM) acquired Albert Frei & Sons, Inc. on January 12, 2024. AFS team will join Martin Marietta. This transaction expects to be immediately accretive to earnings, margins and cash flow as redeploy proceeds from prior divestitures.
Martin Marietta Materials, Inc. (NYSE:MLM) completed the acquisition of Albert Frei & Sons, Inc. on January 12, 2024. Tillkännagivande • Nov 23
CRH Americas Materials, Inc. entered into a definitive agreement to acquire Portfolio of cement and readymixed concrete assets in Texas, USA from Martin Marietta Materials, Inc. (NYSE:MLM) for $2.1 billion. CRH Americas Materials, Inc. entered into a definitive agreement to acquire Portfolio of cement and readymixed concrete assets in Texas, USA from Martin Marietta Materials, Inc. (NYSE:MLM) for $2.1 billion on November 21, 2023. The Assets comprise a 2.1mt capacity cement plant located between San Antonio and Austin, a network of terminals along the eastern gulf coast of Texas and a portfolio of 20 readymixed concrete plants with annual shipments of c.1.6m cubic yards serving the Austin and San Antonio markets. The transaction is subject to the regulatory approval and expect to close in H1, 2024. Upcoming Dividend • Nov 23
Upcoming dividend of US$0.74 per share at 0.6% yield Eligible shareholders must have bought the stock before 30 November 2023. Payment date: 29 December 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (3.9%). Tillkännagivande • Nov 22
CRH Americas Materials, Inc. reached an agreement to acquire portfolio of cement and ready mixed concrete assets in Texas, USA from Martin Marietta Materials, Inc. (NYSE : MLM) for $2.1 billion. CRH Americas Materials, Inc. reached an agreement to acquire portfolio of cement and ready mixed concrete assets in Texas, USA from Martin Marietta Materials, Inc. (NYSE : MLM) for $2.1 billion on November 21, 2023. The combined portfolio of assets is expected to generate pro-forma 2023 EBITDA of approximately $170 million. The proposed transaction is subject to regulatory approval and is expected to complete in H1 2024. The combined portfolio of assets is expected to generate pro-forma 2023 EBITDA of approximately $170 million. Tillkännagivande • Nov 10
Martin Marietta Declares Quarterly Cash Dividend, Payable on December 29, 2023 Martin Marietta Materials, Inc. announced a regular quarterly cash dividend of $0.74 per share, payable on December 29, 2023, to shareholders of record at the close of business on December 1, 2023. The dividend represents a cash dividend of $2.96 per share on an annualized basis. Tillkännagivande • Nov 02
Martin Marietta Materials, Inc. Provides Consolidated Earnings Guidance for the Year 2023 Martin Marietta Materials, Inc. provided consolidated earnings guidance for the year 2023. For the year, the company expects Total revenues of $6,735 Million to $6,855 Million. Net earnings from continuing operations attributable to Martin Marietta of $1,095 Million to $1,195 Million. Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: US$6.96 (vs US$4.67 in 3Q 2022) Third quarter 2023 results: EPS: US$6.96 (up from US$4.67 in 3Q 2022). Revenue: US$1.99b (up 19% from 3Q 2022). Net income: US$430.3m (up 48% from 3Q 2022). Profit margin: 22% (up from 17% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Basic Materials industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 18% per year. Tillkännagivande • Oct 10
Martin Marietta Materials, Inc. to Report Q3, 2023 Results on Nov 01, 2023 Martin Marietta Materials, Inc. announced that they will report Q3, 2023 results at 9:30 AM, US Eastern Standard Time on Nov 01, 2023 Tillkännagivande • Aug 26
UNACEM Corp S.A.A. (BVL:UNACEMC1) entered into a definitive agreement to acquire Certain West Coast Cement Operations from Martin Marietta Materials, Inc. (NYSE:MLM) for approximately $320 million. UNACEM Corp S.A.A. (BVL:UNACEMC1) entered into a definitive agreement to acquire Certain West Coast Cement Operations from Martin Marietta Materials, Inc. (NYSE:MLM) for approximately $320 million on August 24, 2023. The transaction is subject to regulatory approvals and other customary closing conditions. The transaction is expected to close in the second half of 2023. George F. Schoen, Christopher K. Fargo, Matthew J. Bobby, Matthew Morreale and Benjamin G. Joseloff of Cravath, Swaine & Moore LLP acted as legal advisor and Evercore Inc. (NYSE:EVR) acted as financial advisor to Martin Marietta. Upcoming Dividend • Aug 24
Upcoming dividend of US$0.74 per share at 0.7% yield Eligible shareholders must have bought the stock before 31 August 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (3.4%). Tillkännagivande • Aug 11
Martin Marietta Materials, Inc. Announces Quarterly Cash Dividend, Payable on September 29, 2023 Martin Marietta Materials, Inc. announced that its Board of Directors approved a 12% increase in its quarterly cash dividend, raising it from $0.66 per share to $0.74 per share on the Company’s outstanding common stock. This dividend, representing a cash dividend of $2.96 per share on an annualized basis, is payable September 29, 2023, to shareholders of record at the close of business on September 1, 2023. Reported Earnings • Jul 28
Second quarter 2023 earnings released: EPS: US$5.62 (vs US$5.66 in 2Q 2022) Second quarter 2023 results: EPS: US$5.62 (down from US$5.66 in 2Q 2022). Revenue: US$1.82b (up 20% from 2Q 2022). Net income: US$347.6m (down 1.6% from 2Q 2022). Profit margin: 19% (down from 23% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Basic Materials industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Jul 12
Martin Marietta Materials, Inc. to Report Q2, 2023 Results on Jul 27, 2023 Martin Marietta Materials, Inc. announced that they will report Q2, 2023 results on Jul 27, 2023 Tillkännagivande • Jun 25
Martin Marietta Materials, Inc.(NYSE:MLM) dropped from Russell 1000 Growth Index Martin Marietta Materials, Inc.(NYSE:MLM) dropped from Russell 1000 Growth Index Board Change • Jun 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. Independent Director Anthony Foxx was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • May 24
Upcoming dividend of US$0.66 per share at 0.7% yield Eligible shareholders must have bought the stock before 31 May 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.6%). Tillkännagivande • May 12
Martin Marietta Materials, Inc. Declares Quarterly Cash Dividend, Payable on June 30, 2023 Martin Marietta Materials, Inc. announced that its Board of Directors has declared a regular quarterly cash dividend of $0.66 per share on the Company's outstanding common stock. This dividend, which represents a cash dividend of $2.64 per share on an annualized basis, is payable June 30, 2023, to shareholders of record at the close of business on June 1, 2023. Reported Earnings • May 05
First quarter 2023 earnings released: EPS: US$2.16 (vs US$0.39 in 1Q 2022) First quarter 2023 results: EPS: US$2.16 (up from US$0.39 in 1Q 2022). Revenue: US$1.35b (up 18% from 1Q 2022). Net income: US$134.3m (up 448% from 1Q 2022). Profit margin: 9.9% (up from 2.1% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Feb 16
Martin Marietta Materials, Inc. Provides Consolidated Earnings Guidance for the Year 2023 Martin Marietta Materials, Inc. provided consolidated earnings guidance for the year 2023. For the year 2023, the company expects products and services revenues of $6,180 million to $6,370 million and net earnings from continuing operations attributable to the company of $880 million to $990 million. Reported Earnings • Feb 16
Full year 2022 earnings released: EPS: US$13.75 (vs US$11.25 in FY 2021) Full year 2022 results: EPS: US$13.75 (up from US$11.25 in FY 2021). Revenue: US$6.16b (up 21% from FY 2021). Net income: US$856.3m (up 22% from FY 2021). Profit margin: 14% (in line with FY 2021). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Basic Materials industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 12% per year. Tillkännagivande • Jan 26
Martin Marietta Materials, Inc. to Report Q4, 2022 Results on Feb 15, 2023 Martin Marietta Materials, Inc. announced that they will report Q4, 2022 results at 9:30 AM, US Eastern Standard Time on Feb 15, 2023 Buying Opportunity • Dec 17
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 1.6%. The fair value is estimated to be €412, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 9.7%. For the next 3 years, revenue is forecast to grow by 6.6% per annum. Earnings is also forecast to grow by 11% per annum over the same time period. Upcoming Dividend • Nov 23
Upcoming dividend of US$0.66 per share Eligible shareholders must have bought the stock before 30 November 2022. Payment date: 30 December 2022. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (3.9%). Recent Insider Transactions • Nov 19
Independent Director recently sold €578k worth of stock On the 18th of November, Sue Cole sold around 2k shares on-market at roughly €343 per share. This transaction amounted to 6.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €578k more than they bought in the last 12 months. Reported Earnings • Nov 03
Third quarter 2022 earnings released: EPS: US$4.67 (vs US$4.08 in 3Q 2021) Third quarter 2022 results: EPS: US$4.67 (up from US$4.08 in 3Q 2021). Revenue: US$1.68b (up 15% from 3Q 2021). Net income: US$291.2m (up 14% from 3Q 2021). Profit margin: 17% (in line with 3Q 2021). Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Basic Materials industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 13% per year. Upcoming Dividend • Aug 24
Upcoming dividend of US$0.66 per share Eligible shareholders must have bought the stock before 31 August 2022. Payment date: 30 September 2022. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.2%). Tillkännagivande • Aug 11
Martin Marietta Materials, Inc. Increases Quarterly Cash Dividend, Payable September 30, 2022 Martin Marietta Materials, Inc. announced that its Board of Directors approved an 8% increase in itsquarterly cash dividend, raising it from $0.61 per share to $0.66 per share on the company’s outstanding commonstock. This dividend, which represents a cash dividend of $2.64 per share on an annualized basis, is payableSeptember 30, 2022, to shareholders of record at the close of business on September 1, 2022. Tillkännagivande • Aug 10
CalPortland Company agreed to acquire Cement Plant and Related Distribution Terminals in California of Martin Marietta Material for $350 million. CalPortland Company agreed to acquire Cement Plant and Related Distribution Terminals in California of Martin Marietta Material for $350 million on August 9, 2022. The transaction is expected to close in the first half of 2023, subject to regulatory approvals and other customary closing conditions. Reported Earnings • Jul 29
Second quarter 2022 earnings released: EPS: US$5.66 (vs US$3.62 in 2Q 2021) Second quarter 2022 results: EPS: US$5.66 (up from US$3.62 in 2Q 2021). Revenue: US$1.64b (up 27% from 2Q 2021). Net income: US$353.2m (up 57% from 2Q 2021). Profit margin: 22% (up from 17% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 15%, compared to a 7.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 14% per year. Tillkännagivande • Jul 29
Martin Marietta Materials, Inc. Provides Earnings Guidance for the Full Year 2022 Martin Marietta Materials, Inc. provided earnings guidance for the full year 2022. for the year, the company expects Consolidated products and service revenue in the range of $5,770 million to $5,910 million. Net earnings from continuing operations attributable to Martin Marietta is expected to be in the range of $780 million to $870 million. Tillkännagivande • Jul 15
Martin Marietta Materials, Inc. to Report Q2, 2022 Results on Jul 28, 2022 Martin Marietta Materials, Inc. announced that they will report Q2, 2022 results Pre-Market on Jul 28, 2022