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S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Disturbing Truth About Biden's New Program To Seize Your Cash (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
In a good sign for China's struggling economy, factory activity grows for the first time in 6 months
BREAKING: Tiny biotech successfully treats blindness (Ad)
MarketBeat Week in Review – 9/25 - 9/29
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
DOD Consultant's big 2024 prediction looks to be coming true (Ad)
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Disturbing Truth About Biden's New Program To Seize Your Cash (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
In a good sign for China's struggling economy, factory activity grows for the first time in 6 months
BREAKING: Tiny biotech successfully treats blindness (Ad)
MarketBeat Week in Review – 9/25 - 9/29
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
DOD Consultant's big 2024 prediction looks to be coming true (Ad)
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Disturbing Truth About Biden's New Program To Seize Your Cash (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
In a good sign for China's struggling economy, factory activity grows for the first time in 6 months
BREAKING: Tiny biotech successfully treats blindness (Ad)
MarketBeat Week in Review – 9/25 - 9/29
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
DOD Consultant's big 2024 prediction looks to be coming true (Ad)
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
NYSE:MTRN

Materion (MTRN) Stock Forecast, Price & News

$101.91
-0.49 (-0.48%)
(As of 09/29/2023 ET)
Compare
Today's Range
$100.91
$104.66
50-Day Range
$99.01
$119.14
52-Week Range
$64.89
$123.41
Volume
116,717 shs
Average Volume
86,489 shs
Market Capitalization
$2.10 billion
P/E Ratio
21.59
Dividend Yield
0.51%
Price Target
$133.00

Materion MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
30.5% Upside
$133.00 Price Target
Short Interest
Bearish
1.73% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$34,275 Sold Last Quarter
Proj. Earnings Growth
17.60%
From $5.74 to $6.75 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.95 out of 5 stars

Basic Materials Sector

17th out of 167 stocks

Metal Forgings & Stampings Industry

2nd out of 4 stocks


MTRN stock logo

About Materion (NYSE:MTRN) Stock

Materion Corporation, through with its subsidiaries, produces advanced engineered materials used in semiconductor, industrial, aerospace and defense, automotive, energy, consumer electronics, and telecom and data center in the United States, Asia, Europe, and internationally. It operates through Performance Materials, Electronic Materials, and Precision Optics segments. The Performance Materials segment offers advanced engineered solutions comprising beryllium and non-beryllium containing alloy systems and custom engineered parts in strip, bulk, rod, plate, bar, tube, and other customized shapes. This segment operates the bertrandite ore mine and refinery located in Utah that provides feedstock hydroxide for its beryllium businesses and external sale. The Electronic Materials segment produces advanced chemicals, microelectronics packaging, precious metal, non-precious metal, and specialty metal products, including vapor deposition targets, frame lid assemblies, clad and precious metal pre-forms, high temperature braze materials, and ultra-pure wire. This segment offers its products from its facilities, as well as through direct sales offices and independent sales representatives. The Precision Optics segment designs and produces precision thin film coatings, optical filters, and assemblies. This segment sells its directly from its facilities, as well as through direct sales offices and independent sales representatives throughout the world. The company was formerly known as Brush Engineered Materials Inc. and changed its name to Materion Corporation in 2011. Materion Corporation was incorporated in 1931 and is headquartered in Mayfield Heights, Ohio.

MTRN Price History

MTRN Stock News Headlines

BREAKING: Tiny biotech successfully treats blindness
There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
Materion Corporation Declares Quarterly Cash Dividend
Something is Coming for America's Top Stock
This stock has already doubled this year - but it could hurt your portfolio if you hold it much longer. Learn why here.
Materion: Q2 Earnings Snapshot
Analyst Expectations for Materion's Future
Q1 2023 Materion Corp Earnings Call
Materion (MTRN) Q1 Earnings Beat Estimates
See More Headlines
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MTRN Company Calendar

Last Earnings
8/02/2023
Ex-Dividend for 9/7 Dividend
8/24/2023
Dividend Payable
9/07/2023
Today
9/30/2023
Next Earnings (Estimated)
11/01/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Metal forgings & stampings
Sub-Industry
Diversified Metals & Mining
CUSIP
57669010
Employees
3,723
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$133.00
High Stock Price Forecast
$133.00
Low Stock Price Forecast
$133.00
Forecasted Upside/Downside
+30.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$85.99 million
Pretax Margin
6.83%

Debt

Sales & Book Value

Annual Sales
$1.76 billion
Cash Flow
$7.97 per share
Book Value
$38.97 per share

Miscellaneous

Free Float
20,162,000
Market Cap
$2.10 billion
Optionable
Optionable
Beta
1.10
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Key Executives

  • Mr. Jugal K. Vijayvargiya (Age 55)
    CEO, Pres & Director
    Comp: $2.09M
  • Ms. Shelly M. Chadwick (Age 51)
    Chief Accounting Officer & CFO
    Comp: $874.73k
  • Mr. Gregory R. Chemnitz (Age 65)
    VP, Gen. Counsel & Sec.
    Comp: $798.84k
  • Mr. Marc Rands
    VP of Global Operations
  • Dr. Ian Tribick Ph.D.
    Pres of Precision Optics & Chief Technology Officer
  • Mr. Steven J. Holt (Age 59)
    Chief Information Officer
  • Kyle Kelleher
    Mang. of Investor Relations
  • Mr. Allen F. Reid
    Chief HR Officer
  • Mr. John M. Zaranec
    Division Chief Financial Officer Performance Materials
  • Mr. Alfonso T. Lubrano
    Pres & CEO of Technical Materials Inc













MTRN Stock - Frequently Asked Questions

Should I buy or sell Materion stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Materion in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MTRN shares.
View MTRN analyst ratings
or view top-rated stocks.

What is Materion's stock price forecast for 2023?

3 brokerages have issued 1-year target prices for Materion's shares. Their MTRN share price forecasts range from $133.00 to $133.00. On average, they expect the company's share price to reach $133.00 in the next year. This suggests a possible upside of 30.5% from the stock's current price.
View analysts price targets for MTRN
or view top-rated stocks among Wall Street analysts.

How have MTRN shares performed in 2023?

Materion's stock was trading at $87.51 at the start of the year. Since then, MTRN stock has increased by 16.5% and is now trading at $101.91.
View the best growth stocks for 2023 here
.

When is Materion's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our MTRN earnings forecast
.

How were Materion's earnings last quarter?

Materion Co. (NYSE:MTRN) issued its earnings results on Wednesday, August, 2nd. The basic materials company reported $1.38 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.36 by $0.02. The basic materials company had revenue of $398.60 million for the quarter, compared to analysts' expectations of $451.22 million. Materion had a trailing twelve-month return on equity of 13.92% and a net margin of 5.77%. The company's quarterly revenue was down 10.5% compared to the same quarter last year. During the same period in the prior year, the company earned $1.28 earnings per share.

How often does Materion pay dividends? What is the dividend yield for Materion?

Materion declared a quarterly dividend on Wednesday, August 9th. Shareholders of record on Friday, August 25th will be given a dividend of $0.13 per share on Thursday, September 7th. This represents a $0.52 annualized dividend and a dividend yield of 0.51%. The ex-dividend date of this dividend is Thursday, August 24th.
Read our dividend analysis for MTRN
.

Is Materion a good dividend stock?

Materion (NYSE:MTRN) pays an annual dividend of $0.52 per share and currently has a dividend yield of 0.51%. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 11.02%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MTRN will have a dividend payout ratio of 7.70% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MTRN.

What guidance has Materion issued on next quarter's earnings?

Materion issued an update on its FY 2023 earnings guidance on Wednesday, August, 2nd. The company provided EPS guidance of $5.60-$6.00 for the period, compared to the consensus EPS estimate of $5.77. The company issued revenue guidance of -.

What is Jugal K. Vijayvargiya's approval rating as Materion's CEO?

13 employees have rated Materion Chief Executive Officer Jugal K. Vijayvargiya on Glassdoor.com. Jugal K. Vijayvargiya has an approval rating of 52% among the company's employees. This puts Jugal K. Vijayvargiya in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Materion own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Materion investors own include CA (CA), BlackRock (BLK), Chipotle Mexican Grill (CMG), Accenture (ACN), Endologix (ELGX), AbbVie (ABBV), Micron Technology (MU), Costco Wholesale (COST), Starbucks (SBUX) and Agrium (AGU).

What is Materion's stock symbol?

Materion trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTRN."

How do I buy shares of Materion?

Shares of MTRN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Materion's stock price today?

One share of MTRN stock can currently be purchased for approximately $101.91.

How much money does Materion make?

Materion (NYSE:MTRN) has a market capitalization of $2.10 billion and generates $1.76 billion in revenue each year. The basic materials company earns $85.99 million in net income (profit) each year or $4.72 on an earnings per share basis.

How many employees does Materion have?

The company employs 3,723 workers across the globe.

How can I contact Materion?

Materion's mailing address is 6070 PARKLAND BOULEVARD, MAYFIELD HEIGHTS OH, 44124. The official website for the company is www.materion.com. The basic materials company can be reached via phone at (216) 486-4200, via email at investor.contact@materion.com, or via fax at 216-383-4091.

This page (NYSE:MTRN) was last updated on 9/30/2023 by MarketBeat.com Staff

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