Mueller Industries (MLI) Given Daily News Sentiment Score of 0.17

Press coverage about Mueller Industries (NYSE:MLI) has trended somewhat positive on Sunday, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Mueller Industries earned a news sentiment score of 0.17 on Accern’s scale. Accern also gave news coverage about the industrial products company an impact score of 46.8512305564379 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Separately, BidaskClub downgraded shares of Mueller Industries from a “hold” rating to a “sell” rating in a research report on Friday, August 18th.

Mueller Industries (NYSE:MLI) opened at $35.67 on Friday. Mueller Industries has a 1 year low of $27.72 and a 1 year high of $43.96. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.67 and a current ratio of 2.83. The firm has a market cap of $2,082.72, a PE ratio of 21.32 and a beta of 1.41.

Mueller Industries (NYSE:MLI) last released its quarterly earnings results on Tuesday, October 24th. The industrial products company reported $0.39 earnings per share for the quarter. Mueller Industries had a net margin of 4.39% and a return on equity of 15.68%. The firm had revenue of $550.36 million during the quarter.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 22nd. Investors of record on Friday, December 1st will be given a dividend of $0.10 per share. The ex-dividend date is Thursday, November 30th. This represents a $0.40 annualized dividend and a dividend yield of 1.12%. Mueller Industries’s dividend payout ratio (DPR) is presently 23.67%.

In related news, Director John B. Hansen sold 2,000 shares of the company’s stock in a transaction dated Monday, October 30th. The shares were sold at an average price of $33.15, for a total transaction of $66,300.00. Following the completion of the transaction, the director now owns 45,607 shares in the company, valued at approximately $1,511,872.05. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CFO Jeffrey Andrew Martin sold 3,500 shares of the company’s stock in a transaction dated Friday, September 15th. The stock was sold at an average price of $32.01, for a total transaction of $112,035.00. Following the transaction, the chief financial officer now owns 111,146 shares of the company’s stock, valued at approximately $3,557,783.46. The disclosure for this sale can be found here. 2.79% of the stock is owned by corporate insiders.

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About Mueller Industries

Mueller Industries, Inc is a manufacturer of copper, brass, aluminum and plastic products. The Company operates through three segments: Piping Systems, Industrial Metals and Climate. The Company’s products include copper tube and fittings; line sets; brass and copper alloy rod, bar, and shapes; aluminum and brass forgings; aluminum impact extrusions; plastic fittings and valves; refrigeration valves and fittings; fabricated tubular products, and steel nipples.

Insider Buying and Selling by Quarter for Mueller Industries (NYSE:MLI)

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