Martin Marietta Materials (MLM) stock forecast for 2024

The forecast has been updated: March 25, 2023 10:32


Martin Marietta Materials stock price online today

Analyst Target Price

424.85

Dividend Date

31.03.2023

Ex Dividend Date

03.03.2023

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 2024? How much will it cost in 2024? Martin Marietta Materials stock Stock Monthly Prediction for January, February, March, April, May, July, July, August, September, October, November and December 2024.

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 $424.85 target price for Martin Marietta Materials stock stock.

Today 200 Day Moving Average is the support level (340.7 $).

50 Day Moving Average is the support level (351.78 $).




MLM Forecast for 2024

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 359.10 344.23 379.78 9.36 %
Feb 347.79 333.39 366.25 8.97 %
Mar 343.40 335.99 350.82 4.23 %
Apr 350.82 341.03 364.40 6.41 %
May 340.40 323.55 360.32 10.20 %
Jun 334.58 313.80 347.53 9.70 %
Jul 339.10 322.31 347.95 7.37 %
Aug 349.47 324.94 355.77 8.66 %
Sep 352.62 328.82 374.52 12.20 %
Oct 378.33 354.15 394.33 10.19 %
Nov 390.92 369.11 416.61 11.40 %
Dec 386.70 370.00 411.06 9.99 %

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

20 918 354 000 $

EBITDA

1 592 600 000

PE Ratio

23.94

PEG Ratio

1.892

Dividend Per Share

2.54

Dividend Yield

0.0081

EPS

14.07

Quarterly Earnings Growth YOY

0.181

Quarterly Revenue Growth YOY

-0.019

Trailing PE

23.94

Forward PE

23.87

EV To Revenue

4.532

EV To EBITDA

16.41

52 Week High

403.86

52 Week Low

283.4

50 Day Moving Average

351.78

200 Day Moving Average

340.7

Shares Outstanding

62104000

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 Jan 2024.
Estimated Average Forecasted Martin Marietta Materials Price: 359.10. Positive monthly dynamics of the instrument is expected with 9.361% volatility is expected.

Pessimistic forecast: 344.23

Optimistic: 379.78


Martin Marietta Materials stock forecast for Feb 2024.
Estimated Average Forecasted Martin Marietta Materials Price: 347.79. Negative monthly dynamics of the instrument is expected with 8.973% volatility is expected.

Pessimistic forecast: 333.39

Optimistic: 366.25


Martin Marietta Materials stock forecast for Mar 2024.
Estimated Average Forecasted Martin Marietta Materials Price: 343.40. Negative monthly dynamics of the instrument is expected with 4.229% volatility is expected.

Pessimistic forecast: 335.99

Optimistic: 350.82


Martin Marietta Materials stock forecast for Apr 2024.
Estimated Average Forecasted Martin Marietta Materials Price: 350.82. Positive monthly dynamics of the instrument is expected with 6.412% volatility is expected.

Pessimistic forecast: 341.03

Optimistic: 364.40


Martin Marietta Materials stock forecast for May 2024.
Estimated Average Forecasted Martin Marietta Materials Price: 340.40. Negative monthly dynamics of the instrument is expected with 10.203% volatility is expected.

Pessimistic forecast: 323.55

Optimistic: 360.32


Martin Marietta Materials stock forecast for Jun 2024.
Estimated Average Forecasted Martin Marietta Materials Price: 334.58. Negative monthly dynamics of the instrument is expected with 9.704% volatility is expected.

Pessimistic forecast: 313.80

Optimistic: 347.53


Martin Marietta Materials stock forecast for Jul 2024.
Estimated Average Forecasted Martin Marietta Materials Price: 339.10. Positive monthly dynamics of the instrument is expected with 7.367% volatility is expected.

Pessimistic forecast: 322.31

Optimistic: 347.95


Martin Marietta Materials stock forecast for Aug 2024.
Estimated Average Forecasted Martin Marietta Materials Price: 349.47. Positive monthly dynamics of the instrument is expected with 8.664% volatility is expected.

Pessimistic forecast: 324.94

Optimistic: 355.77


Martin Marietta Materials stock forecast for Sep 2024.
Estimated Average Forecasted Martin Marietta Materials Price: 352.62. Positive monthly dynamics of the instrument is expected with 12.202% volatility is expected.

Pessimistic forecast: 328.82

Optimistic: 374.52


Martin Marietta Materials stock forecast for Oct 2024.
Estimated Average Forecasted Martin Marietta Materials Price: 378.33. Positive monthly dynamics of the instrument is expected with 10.189% volatility is expected.

Pessimistic forecast: 354.15

Optimistic: 394.33


Martin Marietta Materials stock forecast for Nov 2024.
Estimated Average Forecasted Martin Marietta Materials Price: 390.92. Positive monthly dynamics of the instrument is expected with 11.401% volatility is expected.

Pessimistic forecast: 369.11

Optimistic: 416.61


Martin Marietta Materials stock forecast for Dec 2024.
Estimated Average Forecasted Martin Marietta Materials Price: 386.70. Negative monthly dynamics of the instrument is expected with 9.991% volatility is expected.

Pessimistic forecast: 370.00

Optimistic: 411.06



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Martin Marietta Materials, Inc.
MLM 346.1 (28.03.2023) 2.08 %
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NEM 48.66 (28.03.2023) 0.93 %

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