Martin Marietta Materials, IncNYSE: MLM
Materials · Construction Materials
$614.23
-0.78%
Vol: 298K
Research Digest
Friday, May 1, 2026
Martin Marietta appointed Christopher Samborski as COO effective May 1 and posted Q1 2026 record revenue of $1.36B (up 17% YoY) with reaffirmed full-year guidance.
Martin Marietta Materials appointed Christopher W. Samborski as Executive Vice President and Chief Operating Officer effective May 1, 2026. Samborski, who joined MLM in 2018 and led West and Specialties Divisions, brings experience from strategic finance, procurement, supply chain, and prior roles at Caterpillar and Johnson & Johnson. Company reported Q1 2026 record revenue of $1.362 billion (up 17% YoY) and adjusted EBITDA of $364 million. Full-year 2026 adjusted EBITDA guidance reaffirmed at $2.430 billion midpoint.
Previous Market Intelligence
13 daysApr 30Martin Marietta reports Q1 2026 sales beat; announces $450M QUIKRETE cash and New Frontier Materials acquisitionPositive▶
Martin Marietta Materials beat Q1 2026 revenue estimates at $1.36 billion, reporting GAAP profit of $25.06 per share significantly above consensus estimates. The company recorded 7% organic aggregates shipments growth aided by early construction season start and strong infrastructure demand. Full-year revenue guidance of $7.16 billion at midpoint came in 1.6% above analyst estimates with full-year adjusted EBITDA guidance at $2.43 billion. Martin Marietta closed an asset exchange with QUIKRETE receiving $450 million cash and signed an agreement to acquire New Frontier Materials, adding approximately 8 million annual tons of aggregate production. Christopher Samborski was appointed Chief Operating Officer effective May 1, 2026.
Apr 29Martin Marietta Materials earnings due April 30; COO appointment announced; analyst price target lowered to $690Neutral▶
Martin Marietta Materials will report second quarter earnings April 30 with analysts expecting $1.87 EPS and $1.31 billion revenue. The construction materials company appointed Christopher W. Samborski as Executive Vice President and Chief Operating Officer effective May 1. Raymond James lowered price target to $690 from $730 on April 27. Despite recent analyst downgrades, analysts have grown increasingly bullish with majority upward revenue estimate revisions over last 30 days. Building materials sector shares up 14.1% on average over last month.
Apr 16Martin Marietta completed largest aggregates acquisition in company history, acquiring Quikrete assets for $20M tons annual production plus $450M cash on Feb 23, 2026.Positive▶
Martin Marietta closed transformational asset exchange with Quikrete Holdings on February 23, acquiring aggregates operations producing ~20 million tons annually across Virginia, Missouri, Kansas and Vancouver BC, plus $450 million cash. Management characterized it as largest aggregates acquisition in company history and tax-efficient swap of cyclical cement/ready-mix for higher-margin aggregates. CEO Ward Nye noted 2025 delivered record profitability and strong margin expansion. Targeting 2026 revenues of $7.16B midpoint with 12% volume growth including Quikrete and Minnesota assets from CRH. B. Riley upgraded MLM to Buy from Neutral (April 2); analysts expect 24.2% YoY EPS growth.
Apr 15Rep. Delaney purchased Martin Marietta Materials shares on April 10, highlighting valuation ahead of Q1 earnings.Positive▶
Martin Marietta Materials drew insider interest when Rep. April McClain Delaney purchased shares on April 10, 2026, at around $635 per share. Analysts expect Q1 2026 EPS of $2.36, up 24.2% year-over-year. B. Riley upgraded to Buy with a $700 price target. Average price target of $701.95 indicates 12.8% upside.
Apr 14Morgan Stanley cuts Martin Marietta price target to $664 on demand softness, while B. Riley upgraded to Buy after recent 16% selloff.Mixed▶
Morgan Stanley lowered Martin Marietta Materials price target from $702 to $664 on April 9 (maintaining Overweight). B. Riley upgraded MLM to Buy with $700 PT on April 2. Q1 2026 EPS estimated at $2.36 (up 24.2% Y/Y).
Apr 13MLM lifts 2026 guidance after completing Quikrete asset exchange, gaining high-quality aggregates in strategic markets.Positive▶
Martin Marietta completed its asset exchange with Quikrete Holdings in February 2026, acquiring approximately 20 million tons of aggregate production capacity annually plus $450 million cash. Lifted 2026 guidance with aggregates volume growth of +12% and ASP growth of +2.5%. Analysts expect Q1 2026 EPS of $2.36, up 24.2% YoY. Full-year gross margin expanded 173 basis points to 31% in 2025.
Apr 10Morgan Stanley lowers Martin Marietta Materials price target to $664; Q1 2026 earnings expected May 5 with 24% EPS growth.Negative▶
Morgan Stanley reduced Martin Marietta Materials' price target to $664 from $702 on April 9, while maintaining an Overweight rating. The stock is down 9.9% over the past month. Analysts expect Q1 2026 EPS of $2.36, up 24.2% year-over-year. The 15-analyst consensus remains Buy with average target of $678.87.
Apr 9Martin Marietta completes Quikrete deal (largest aggregates acquisition); expects 24.2% EPS growth in Q1Positive▶
Martin Marietta completed Quikrete asset exchange on February 23, acquiring ~20M tons annual aggregates capacity in Virginia, Missouri, Kansas, Vancouver BC, plus $450M cash. Management called it the largest aggregates acquisition in company history. Q1 2026 EPS expected $2.36, up 24.2% YoY. B. Riley upgraded to Buy from Neutral. Company reported record 2025 aggregates profitability with margin expansion. Stock trades at $678.46.
Apr 8Martin Marietta completed Quikrete asset swap; B. Riley upgrades to Buy with Morgan Stanley PT cut to $664.Mixed▶
Martin Marietta Materials completed asset exchange with Quikrete Holdings involving aggregates, cement, ready-mix, and land assets, deepening aggregates-led product mix shift while adding cash to balance sheet. B. Riley upgraded to "Buy" on April 2 with $700 PT; Morgan Stanley maintained Overweight but cut PT from $702 to $664 on April 6. Q1 FY2026 EPS of $4.62 missed $4.81 consensus; revenue of $1.53B below $1.66B estimates. Company targets midpoint 2026 revenues of $7.16B with 12% volume growth including Quikrete and Minnesota assets. Analyst consensus "Buy" with $678.87 12-month target (+1.18%).
Apr 7B. Riley upgrades Martin Marietta to Buy; Morgan Stanley/Barclays lower PTs.Mixed▶
B. Riley upgraded MLM to Buy $700 April 2. Morgan Stanley OW PT $702 to $664 April 6. Barclays $675 to $640 March 31. Completed QUIKRETE strategic asset exchange Feb adding 20M tons capacity. Stock -9.9% 30d, -5.6% YTD.
Apr 6Martin Marietta Upgraded to Buy by B. Riley; Q4 Results Miss EstimatesMixed▶
Martin Marietta Materials received an overnight upgrade to Buy from Neutral by B. Riley. The company reported Q4 2025 revenues of $1.53 billion, up 8.6% year-over-year but falling short of analyst expectations by 5.1%. The stock currently trades at $610.10 and has experienced weakness following earnings. Morgan Stanley lowered its price target to $702 from $706 on March 9, 2026. As the natural resource-based building materials supplier supplying aggregates and heavy-side building materials to the construction industry, recent analyst activity suggests improving sentiment despite operational challenges.
Apr 3Martin Marietta Materials upgraded to Buy by B. Riley Financial as stock correction creates attractive entry point.Positive▶
Martin Marietta received an upgrade from B. Riley Financial on April 2 from neutral to buy with a $700 price target, citing a 16% stock decline creating a buying opportunity. Q4 2025 earnings disappointed with -19.53% surprise, posting $3.85 EPS versus $4.78 estimate. Nine analysts rate it Buy, seven Hold, with consensus PT of $694.69.
Apr 2B. Riley upgrades Martin Marietta Materials to Buy on April 2, 2026 with $700 PT; stock surges 1.82% despite Q4 earnings miss.Positive▶
Martin Marietta Materials received an analyst upgrade from B. Riley Securities from Neutral to Buy with a $700 price target on April 2, 2026. The company missed Q4 2025 earnings with EPS of $4.62 versus $4.85 expected and revenue of $1.53B versus $1.66B expected. Full-year 2025 showed 7% revenue growth to $5.7B with gross profit up 13% to $1.8B and margins expanding 173 basis points. Stock trades near $588-$598 range. Consensus analyst rating is Outperform with average 12-month target of $701.85.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| CRHCRH | $115.72 | -2.28% | +11.4% | 18.0x | 1.24 | $79.1B |
| VMCVULCAN | $297.15 | -1.52% | +7.1% | 28.2x | 1.09 | $39.3B |
| MLMMARTIN | $614.23 | -0.78% | +3.4% | 26.7x | 1.19 | $37.3B |
| LINLINDE | $508.66 | +1.50% | +0.3% | 25.7x | 0.79 | $232.2B |
| NEMNEWMONT | $108.91 | -1.96% | -1.5% | 9.8x | 0.47 | $118.6B |
| FCXFREEPORT | $56.78 | -1.74% | -5.4% | 15.7x | 1.47 | $82.9B |
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Price below 200d MA — bearish structure.