RBC cuts Martin Marietta stock target to USD 530 from USD 620

Published on 10/20/2026 at 22:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue hit USD 1.95 billion, up 21.00 percent. Martin Marietta stock costs EUR 453.70 on October 20, 2026, up 1.86 percent versus the Tradegate close.

Analyst target and reporting date

RBC cut its Martin Marietta target from USD 620.00 to USD 530.00 on October 9, 2026.
Second-quarter revenue reached USD 1.95 billion, up 21.00 percent year over year.
Martin Marietta stock costs EUR 453.70 at Lang & Schwarz on October 20, 2026 at 9:52 p.m. CEST, 1.86 percent above the Tradegate close of October 19, 2026.
Martin Marietta is scheduled to report third-quarter results on November 3, 2026.

Architektonisches Render einer modernen Industrieanlage bei Dämmerung — Martin Marietta Materials (US5732841060) symbolisiert dieses moderne Architektur-Render einer sauberen, futuristischen Baustoffanlage bei Abenddämmerung, Illustration mit AI erstellt.

RBC cut its Martin Marietta target from USD 620.00 to USD 530.00 on October 9, 2026, while keeping a Sector Perform rating, according to MarketScreener. The target is 4.37 percent above the USD 507.80 price last seen on the NYSE on October 20, 2026 at 3:59 p.m. ET. Martin Marietta stock was trading at EUR 453.70 at Lang & Schwarz on October 20, 2026 at 9:52 p.m. CEST, up 1.86 percent versus the Tradegate close of October 19, 2026 at EUR 445.40.

Revenue rose 21.00 percent

The latest reported quarter delivered a stronger top line but a lower earnings comparison. Martin Marietta reported USD 1.95 billion in second-quarter revenue, up 21.00 percent year over year, while earnings per share reached USD 5.00 versus a USD 4.76 consensus estimate, according to MarketBeat. The prior-year quarter carried USD 5.43 in earnings per share, making the current figure a year-over-year decline despite the revenue increase.

Stock stays below its yearly high

The USD 464.92 to USD 710.97 52-week range places the NYSE stock 28.65 percent below its high and 9.22 percent above its low, using the USD 507.80 intraday price on October 20, 2026. The finance quote showed 637,042 shares of volume and a 12.50 price-to-earnings ratio, while Martin Marietta's market capitalization stood at USD 30.5 billion.

November 3 is the next date

Martin Marietta is expected to report third-quarter results on November 3, 2026, with analysts cited by Gekko forecasting USD 6.17 in earnings per share and USD 2.23 billion in revenue. The company operates in construction materials and is a member of the S&P 500.

Comparison with peers

Martin Marietta: up 1.86 percent, price-to-earnings ratio 12.50, market capitalization USD 30.5 billion.

Vulcan Materials Company (NYSE, USD): up 1.75 percent, price-to-earnings ratio 30.93, market capitalization USD 33.9 billion.

Eagle Materials (NYSE, USD): up 1.83 percent, price-to-earnings ratio 13.66, market capitalization USD 5.3 billion.

Target cut meets a higher euro quote

RBC's USD 530.00 target sits above the latest NYSE price, while the euro quotation remains above the October 19 Tradegate close. The next earnings date gives investors a concrete point for testing whether the second-quarter revenue growth can continue.

The further course of trading is shown by the continuously updated real-time quote of Martin Marietta stock.