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-0.000758461650203312 -0.000758461650203312 -0.000272370714700714 -0.000272370714700714 1.81580476467005E-05 -0.00368608367228351 -0.00338647588611274 -0.0017431725740849
Stock impact report

Martin Marietta Materials, Inc. (MLM): Innovator in Best Cement and Construction Materials Stock [Yahoo! Finance]

Martin Marietta Materials, Inc. (MLM) 
Last martin marietta materials, inc. earnings: 2/11 06:57 am Check Earnings Report
US:NYSE Investor Relations: ir.martinmarietta.com
Company Research Source: Yahoo! Finance
Tailwinds for the Construction Materials Sector The construction materials sector is expected to benefit from the residential construction activity while a chronic supply of homes penetrates the US. The extent of the shortage is concerning with some estimating it to range between 2 to 8 million housing units. This has sent home prices soaring over the past decade. As the mortgage rates fell in September with the Fed signaling rate cuts, the US home builder sentiment inclined after witnessing four months of continuous declines. The Federal Reserve's first 0.5 percentage point rate cut was welcomed by construction executives who regarded it as a move likely to foster real estate investment and construction activity. Analysts see a positive aspect on the supply side of the housing market as they believe that the rate cut will ease out financing conditions for homebuilders and get them building again. Taking into account the news that officials have pointed to another rate cut before Show less Read more
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