Mueller Industries, Inc. Stock News

COLLIERVILLE, Tenn.--(BUSINESS WIRE)--For the fifth consecutive year, Mueller Industries, Inc. (NYSE: MLI) has announced a double digit increase to its quarterly dividend. The Board of Directors has declared a regular quarterly cash dividend of $.25 per share, to be paid on March 28, 2025 to stockholders of record as of the close of business on March 14, 2025. This represents a 25 percent incre...

Mueller Industries, Inc. is expected to report Q4 and full-year 2024 results with $1.12 EPS and $893M in revenues, reflecting a 22% y/y growth. Analysts often underestimate MLI's potential; the company has consistently beaten EPS estimates, suggesting a likelihood of positive surprises. Concerns include potential margin declines, election-related uncertainties, and the impact of domestic manufa...

Rise in Remodelling & Renovating Activities and Government Investments in Infrastructure Drives Market Growth Rise in Remodelling & Renovating Activities and Government Investments in Infrastructure Drives Market Growth

NEW YORK , Nov. 21, 2024 /PRNewswire/ -- S&P MidCap 400 constituent Texas Pacific Land Corp. (NYSE: TPL) will replace Marathon Oil Corp. (NYSE: MRO) in the S&P 500, S&P SmallCap 600 constituent Mueller Industries Inc. (NYSE: MLI) will replace Texas Pacific Land in the S&P MidCap 400, and Atlas Energy Solutions Inc. (NYSE: AESI) will replace Mueller Industries in the S&P SmallCap 600 effective p...

COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) announced today that its Board of Directors has declared a regular cash dividend on its common stock of 20 cents per share. The dividend will be paid on December 20, 2024 to shareholders of record on December 6, 2024. Mueller Industries, Inc. (NYSE: MLI) is an industrial corporation whose holdings manufacture vital goods...

COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) announces results for the third quarter of 2024. Comparisons are to the third quarter of 2023. Net Sales of $997.8 million versus $819.8 million Operating Income of $206.7 million versus $181.0 million Earnings Before Taxes of $217.8 million versus $189.0 million Net Income of $168.7 million versus $132.7 million Diluted...

Mueller Industries has delivered over 487% TSR in five years, significantly outperforming the SPY, and remains attractively valued with strong profitability and returns. Revenues grew from $2.43B in 2019 to $3.4B TTM, with NOPAT compounding at 32% annually, boosting ROIC from 8.9% to 25%. Management has created $1.77B in shareholder value since 2019, but recent declines in NOPAT margins and FCF...

One has delivered spectacular returns. One has spectacular potential.