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Some of the hardest companies to get excited about are construction companies. There is no revolutionary technology like AI, no thrilling growth like in biotech.
Martin Marietta Materials Inc. is currently slightly below its all-time high, despite recent share price declines. The company reported solid Q4 earnings results, with revenue growth and earnings-per-share beating estimates. Martin Marietta has potential catalysts for future growth, including acquisitions, lower interest rates, and increased infrastructure spending.
RALEIGH, N.C., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE: MLM) (“Martin Marietta” or the “Company”) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.74 per share on the Company's outstanding common stock. This dividend, which represents a cash dividend of $2.96 per share on an annualized basis, is payable March 28, 20...
Achieved Full-Year Records for Revenues, Profitability and Safety Performance Full-Year Aggregates Unit Profitability Improved 46.4 Percent Strong Balance Sheet Poised for Continued Strategic Plan Execution RALEIGH, N.C., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE: MLM) (“Martin Marietta” or the “Company”), a leading national supplier of aggregates and heavy buildin...
Building material supplier Martin Marietta said on Monday it would acquire 20 active aggregates operations of Blue Water Industries for $2.05 billion in cash.
JACKSONVILLE, Fla., Feb. 12, 2024 (GLOBE NEWSWIRE) -- Blue Water Industries LLC announced today it has entered into a definitive agreement with Martin Marietta Materials, Inc. (NYSE: MLM) under which Martin Marietta will acquire 20 active aggregates operations in Alabama, South Carolina, South Florida, Tennessee, and Virginia from Blue Water Industries' affiliate (“BWI Southeast”) for $2.05 bil...
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