Raymond James cuts target to USD 640 for Martin Marietta stock

Published on 10/17/2026 at 20:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Martin Marietta is down 20.80 percent year to date on October 16, 2026. Stock last stood at USD 500.84 on October 16, 2026, up 1.96 percent on the NYSE.

Consensus target of USD 644.71

On October 16, 2026, Raymond James lowered its Martin Marietta target from USD 660.00 to USD 640.00.
Martin Marietta was down 20.80 percent year to date through October 16, 2026.
Martin Marietta stock last stood at USD 500.84 on October 16, 2026 at 4:01 p.m. ET, up 1.96 percent versus the prior close.
The consensus target was USD 644.71 on October 14, 2026.

Trading-Floor mit Bildschirmen und abstrakten Börsencharts der Baustoffbranche — Martin Marietta Materials (US5732841060) im redaktionellen Kontext eines belebten Börsenparketts mit abstrakten Branchencharts im Hintergrund, Illustration mit AI erstellt.

Raymond James lowered its price target for Martin Marietta from USD 660.00 to USD 640.00 on October 16, 2026, while keeping an Outperform rating, according to Markets Insider. The new target is 27.78 percent above Martin Marietta's last NYSE price of USD 500.84.

Target cuts meet a weak year

Martin Marietta was down 20.80 percent year to date through October 16, 2026, according to Investing.com. The same report placed the stock 6.00 percent above its 52-week low of USD 464.92, leaving the low as a visible reference for the recent price position.

Price position on October 16

Martin Marietta last stood at USD 500.84 on the NYSE on October 16, 2026 at 4:01 p.m. ET, up 1.96 percent from the prior close of USD 491.23. The session range was USD 494.43 to USD 507.82, while volume reached 963,194 shares against an average of 723,981 shares.

Valuation stays below target

The 52-week range was USD 464.92 to USD 710.97 as of October 16, 2026. Martin Marietta's market capitalization was USD 30.1 billion and its price-to-earnings ratio was 12.31 on that date. The average analyst target stood at USD 644.71 on October 14, 2026, according to MarketBeat.

Comparison with peers

Martin Marietta (NYSE, USD): plus 1.96 percent, P/E 12.31, market capitalization USD 30.1 billion
Vulcan Materials (NYSE, USD): plus 2.07 percent, P/E 30.38, market capitalization USD 33.4 billion
Eagle Materials (NYSE, USD): minus 0.33 percent, P/E 13.44, market capitalization USD 5.2 billion

What the target implies

The Raymond James target remains below the average analyst target of USD 644.71, but both figures stand above the latest NYSE price. That gap is the central valuation comparison for Martin Marietta after the October 16 target revision.

Martin Marietta's last NYSE price was USD 500.84 on October 16, 2026 at 4:01 p.m. ET, up 1.96 percent versus the prior close.