Martin Marietta Materials, Inc. (MLM) fair value analysis
S&P 500 · Updated 2026-10-19
MLM price how computed
Forward Fair Value verdict
UndervaluedMLM is trading at a 10–25% discount to estimated fair value.
Based on TickrTrends' weekly Forward Fair Value model.
- Last price
- $478.35
- Sector
- Basic Materials
- 12-month range
- $471.10–$708.11
- Market cap
- $34B
- From 52-week high
- -32.4%
- Shares outstanding
- 71M
- Rank in Basic Materials by discount to fair value
- #6 of 26
Last price is our 2026-10-19 weekly price; the chart runs through 2026-10-16.
Martin Marietta Materials, Inc. is a producer and supplier of aggregates, cement, and ready-mixed concrete used in construction and infrastructure projects. The company operates production facilities and distribution networks throughout the United States.
MLM currently ranks #6 of 26 Basic Materials stocks by discount to fair value. It has screened as Undervalued for 14 consecutive weekly runs.
Fundamentals (4 quarters) how computed
- Market cap
- $34B
- P/E (trailing)
- 26x
- Revenue (TTM)
- $6.69B
- Net margin
- 36.8%
- EPS (TTM)
- $18.40
- Gross margin
- 25.4%
- Debt / equity
- 0.52
- Revenue growth (3-yr avg)
- -0.8%
- Shares outstanding
- 71M
Derived indicators how computed
- Quality grade
- F
- Margin trend
- Contracting
- 52-week position
- The bottom quarter of its range
Technicals how computed
- RSI (14-day)
- 58 · neutral
- 50-day average
- $507.50
- 200-day average
- $581.90
- Moving-average state
- 50-day below 200-day (death cross state); price below both averages
Dividends how computed
- Paid, last 12 months
- $3.33 per share (4 payments)
- Yield on last price
- 0.70%
- Consecutive years of increases
- 10
- Last ex-dividend date
- 2026-09-01
- Last payment date
- 2026-09-30
Earnings how computed
- Next earnings report
- 2026-11-03
- Last 8 quarters vs consensus
- 6 beat, 2 missed
- Quarter by quarter
- 2026-06 ▲ beat (+8.2%)
2026-03 ▲ beat (+5.5%)
2025-12 ▼ miss (-7.2%)
2025-09 ▲ beat (+2.2%)
2025-06 ▲ beat (+2.1%)
2025-03 ▲ beat (+5.3%)
2024-12 ▲ beat (+5.5%)
2024-09 ▼ miss (-5.6%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 16 buy · 8 hold · 0 sell (24 analysts)
- Consensus lean
- Buy-leaning
- Consensus price target
- $632
- Target vs last price
- +32.1%
What our data shows for MLM
- Our model validated 17 trailing price-to-earnings windows for MLM, built from quarterly earnings records.
- Shares are trading in the lower third of their 12-month price range of $471.10–$708.11.
- The 14-day relative strength index sits at a neutral 58.
The exact numbers are one step away
- The precise Forward Fair Value dollar figure for MLM
- Exact discount / premium to today's price
- The normalized historical P/E behind the estimate, and how many quarters support it
- Forward EPS input and fiscal-year basis
- Screeners and rankings across the full S&P 500 and Nasdaq universes
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent MLM news
TickrTrends' derived news-sentiment signal for MLM is currently leaning positive, computed from recent coverage.
- Martin Marietta Materials (MLM) Stock Rises 1.1% on D.A. Davidson Upgrade to Buy (gurufocus.com, 2026-10-16)
TickrTrends take: Martin Marietta Materials received a research upgrade to Buy from D.A. Davidson, supporting positive momentum in the stock. TickrTrends currently assesses MLM as undervalued within the Basic Materials sector, suggesting the market may not yet be fully pricing in the company's intrinsic value. Valuation-focused readers should monitor whether analyst upgrades like this one help close any gap between the market's current pricing and the company's fundamental worth in the aggregated assessment. - MLM Maintains Outperform Rating -- Price Target Lowered to $640 (gurufocus.com, 2026-10-16)
TickrTrends take: MLM's analyst rating of Outperform combined with TickrTrends' current undervalued assessment suggests there may be a disconnect between the market's pricing and fundamental expectations that warrants monitoring. The price target reduction to $640 indicates analysts are recalibrating their expectations, which could reflect either near-term headwinds in the Basic Materials sector or company-specific challenges that merit closer examination of upcoming earnings reports. Valuation-focused investors should track whether the gap between current pricing and the analyst target narrows, as this movement could signal when market consensus catches up to fundamental value estimates. - Martin Marietta Materials Inc (MLM) Shares Surge 4.3% -- What GF Score of 90 Tells Investors (gurufocus.com, 2026-10-15)
TickrTrends take: Martin Marietta Materials trades at a valuation that TickrTrends currently assesses as undervalued within the Basic Materials sector, which provides context for interpreting the reported share movement. A GF Score of 90 represents strong fundamental quality metrics, and when combined with an undervalued status, this positioning suggests the company may warrant consideration from investors focused on valuation discrepancies. Valuation-focused readers should monitor whether the undervalued assessment persists or narrows as market conditions and company fundamentals evolve.
More MLM news
- MLM Maintained by Citigroup -- Price Target Lowered to $610 (gurufocus.com, 2026-10-02)
- Martin Marietta Materials (MLM) Extends $500 Million Receivables Facility to 2027 (gurufocus.com, 2026-09-17)
- MLM Looks 24.2% Undervalued on GF Value™ Amid Wells Fargo Upgrade (gurufocus.com, 2026-09-09)
What people are saying
Follow the MLM conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-06 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-28 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-21 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is MLM stock undervalued?
Based on TickrTrends' Forward Fair Value model (updated 2026-10-19), MLM is trading at a 10–25% discount to estimated fair value and screens as undervalued. The exact fair value and discount are available to subscribers.
What is MLM's TickrTrends verdict?
MLM's current verdict is Undervalued, refreshed with every weekly Forward Fair Value run.
How does MLM compare to other Basic Materials stocks?
MLM ranks #6 of 26 Basic Materials stocks in TickrTrends' coverage by discount to fair value.
Is MLM overbought or oversold?
MLM's 14-day RSI is in neutral territory - neither overbought nor oversold.
Does MLM pay a dividend?
Yes. MLM paid $3.33 per share over the last twelve months (4 payments), a 0.70% yield on TickrTrends' last price, and has raised the annual total for 10 consecutive years. The last ex-dividend date was 2026-09-01.
When does MLM report earnings next?
MLM's next earnings report is scheduled for 2026-11-03, per the published earnings calendar.
Does MLM usually beat earnings estimates?
Over its last 8 reported quarters MLM beat the consensus estimate 6 times and missed 2 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about MLM?
Of 24 analysts covering MLM, 16 rate it a buy, 8 a hold and 0 a sell - buy-leaning, with a consensus price target of $632 (+32.1% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.
More in Basic Materials
Head-to-head comparisons
MLM vs ALM · MLM vs CE · MLM vs CENX · MLM vs CTVA · MLM vs DOW