Martin Marietta Materials (MLM) stock forecast for 2023

The forecast has been updated: June 3, 2023 10:30


Martin Marietta Materials stock price online today

Analyst Target Price

444.44

Dividend Date

30.06.2023

Ex Dividend Date

31.05.2023

Last Split Factor

Last Split Date

01.01.1970

Should you buy or sell Martin Marietta Materials stock stock today? What is the projected target price level for 2023? How much will it cost in 2023? Martin Marietta Materials stock Stock Monthly Prediction for January, February, March, April, May, July, July, August, September, October, November and December 2023.

We predict the dynamics of the stock market value using resonant artificial intelligence systems.

Technical, fundamental analyzes, news background, general geopolitical situation in the world and other factors are taken into account.

Forecasts are adjusted once a day taking into account the price change of the previous day.

To date, analysts have a $444.44 target price for Martin Marietta Materials stock stock.

Today 200 Day Moving Average is the support level (351.71 $).

50 Day Moving Average is the support level (370.43 $).




MLM Forecast for 2023

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jul 399.39 379.98 419.52 9.42 %
Aug 399.39 373.87 425.27 12.09 %
Sep 394.72 368.07 409.99 10.22 %
Oct 375.53 349.17 384.66 9.23 %
Nov 368.10 358.82 393.61 8.84 %
Dec 377.71 357.31 387.22 7.73 %

The forecasts table above shows the forecast values of the company's stock price for each month. The Rate Forecast column displays the Optimal Average Forecast Price. The MIN Rate column displays a pessimistic forecast for this month. “MAX Rate” is an optimistic forecast. The % Volatility column represents the approximate monthly volatility of Martin Marietta Materials stock.


Martin Marietta Materials overview

Martin Marietta Materials Address

2710 WYCLIFF ROAD, RALEIGH, NC, US

Market Capitalization

25 722 010 000 $

EBITDA

1 723 900 000

PE Ratio

26.8

PEG Ratio

1.892

Dividend Per Share

2.59

Dividend Yield

0.0065

EPS

15.49

Quarterly Earnings Growth YOY

4.735

Quarterly Revenue Growth YOY

0.1

Trailing PE

26.8

Forward PE

23.87

EV To Revenue

4.532

EV To EBITDA

16.41

52 Week High

416.56

52 Week Low

282.93

50 Day Moving Average

370.43

200 Day Moving Average

351.71

Shares Outstanding

61969000

Shares Float

Shares Short Prior Month

Short Ratio

Percent Insiders

Percent Institutions

Martin Marietta Materials stock forecast for this year


Martin Marietta Materials stock forecast for Jul 2023.
Estimated Average Forecasted Martin Marietta Materials Price: 399.39. Positive monthly dynamics of the instrument is expected with 9.425% volatility is expected.

Pessimistic forecast: 379.98

Optimistic: 419.52


Martin Marietta Materials stock forecast for Aug 2023.
Estimated Average Forecasted Martin Marietta Materials Price: 399.39. Negative monthly dynamics of the instrument is expected with 12.087% volatility is expected.

Pessimistic forecast: 373.87

Optimistic: 425.27


Martin Marietta Materials stock forecast for Sep 2023.
Estimated Average Forecasted Martin Marietta Materials Price: 394.72. Negative monthly dynamics of the instrument is expected with 10.224% volatility is expected.

Pessimistic forecast: 368.07

Optimistic: 409.99


Martin Marietta Materials stock forecast for Oct 2023.
Estimated Average Forecasted Martin Marietta Materials Price: 375.53. Negative monthly dynamics of the instrument is expected with 9.226% volatility is expected.

Pessimistic forecast: 349.17

Optimistic: 384.66


Martin Marietta Materials stock forecast for Nov 2023.
Estimated Average Forecasted Martin Marietta Materials Price: 368.10. Negative monthly dynamics of the instrument is expected with 8.838% volatility is expected.

Pessimistic forecast: 358.82

Optimistic: 393.61


Martin Marietta Materials stock forecast for Dec 2023.
Estimated Average Forecasted Martin Marietta Materials Price: 377.71. Positive monthly dynamics of the instrument is expected with 7.725% volatility is expected.

Pessimistic forecast: 357.31

Optimistic: 387.22



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Livent Corp.
LTHM 25.06 (02.06.2023) 6.82 %
LyondellBasell Industries N.V.
LYB 89.92 (02.06.2023) 3.76 %
Martin Marietta Materials, Inc.
MLM 415.08 (02.06.2023) 2.64 %
Newmont Corp.
NEM 42.09 (02.06.2023) -0.89 %

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