Summit Materials (NYSE: SUM)
Summit Materials Return vs. S&P
1 Year | 5 Year | 5 Year Annualized | Since IPO |
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Summit Materials Company Info
Summit Materials, Inc. is a construction materials company. It manufactures construction materials and related downstream products. The firm operates its business through the following segments: Cement, West and East. The Cement consists of its Hannibal, Missouri and Davenport, Iowa cement plants and distribution terminals along the Mississippi river from Minnesota to Louisiana. The West segment includes operations in Texas, Utah, Colorado, Idaho, Wyoming and Nevada and in British Columbia, Canada. The East segments serves markets extending across the Midwestern and Eastern United States, most notably in Kansas, Missouri, Virginia, Kentucky, North Carolina, South Carolina and Nebraska where the company supplies aggregates, ready mix concrete, asphalt paving mix and paving and related services. The company was founded by Thomas W. Hill on September 23, 2014 and is headquartered in Denver, CO.
News & Analysis
Why Summit Materials Stock Jumped on Thursday
Investors applauded the cement specialist's recent move to boost profits.
Why Summit Materials Stock Jumped 12% in Early Trading Today
The construction industry supplier got a boost from an analyst call that sees good things ahead for the stock.
Why Summit Materials Stock Plunged 17% at the Open Today
Summit Materials tried to put its best foot forward, but investors were still disappointed by its quarterly update.
Why Fluor, Cemex, and Summit Materials Stocks Popped 15% (and More) Today
President Trump revives hope for an infrastructure bill.
Why Summit Materials Stock Soared Today
The M&A-minded materials maker seems to have caught the eye of a potential suitor.
Why Red Robin Gourmet Burgers, Callaway Golf, and Summit Materials Jumped Today
A big day for mergers and acquisitions helped lift these stocks.
Why Summit Materials Stock Just Dropped 16%
Input costs are rising, and Summit is struggling to raise prices fast enough to match them.
Valuation
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