Martin Marietta Materials (MLM) is performing remarkably well in the stock market as indicated by reports over the past months. An asset swap deal resulted in a surge in MLM, which has been on a steady three-year share price climb. The valuation of MLM is under evaluation, many have pointed out its rich value going into 2026. Morgan Stanley has shown confidence on the company by maintaining a Buy rating and raising the stock's price target to $690. Additionally, Jefferies also increased the price target for MLM to $730. The company has announced an increase in their quarterly dividend to US$0.83 per share and extended its US$800 million credit facility until 2030. The recent roll out of its SOAR 2030 Strategic Plan reflects their aim for growth, focusing on optimizing product offering. MLM's performance rose due to the continued pricing strength in aggregates. Their Q3 report was mixed, as they experienced growth yet also missed on estimates. Jim Cramer, a renowned stock investment figure, refers to MLM as the key US Data center buildout and among the biggest players in aggregates. Undeterred by volatility, it is still held and classified as a promising under-the-radar AI stock.
Martin Marietta Materials MLM News Analytics from Tue, 18 Mar 2025 07:00:00 GMT to Tue, 23 Dec 2025 03:34:03 GMT -
Rating 7
- Innovation 2
- Information 8
- Rumor -3
