Materion Corporation Company Profile (NYSE:MTRN)

About Materion Corporation

Materion Corporation logoMaterion Corporation is a holding company. The Company is an integrated producer of engineered materials used in a range of electrical, electronic, thermal and structural applications. The Company's products are sold in markets, including consumer electronics, industrial components, medical, automotive electronics, energy, telecommunications infrastructure, defense and commercial aerospace. The Company's segments include Performance Alloys and Composites, Advanced Materials and Other. The Performance Alloys and Composites segment include performance metals and technical materials. The Advanced Materials segment produces 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, temperature braze materials and wire. The Other segment includes precision optics and large area coatings. The Company has operations in the United States, Europe and Asia.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Industrial Metals & Minerals
  • Sub-Industry: Diversified Metals & Mining
  • Exchange: NYSE
  • Symbol: MTRN
  • CUSIP: 57669010
Key Metrics:
  • Previous Close: $35.15
  • 50 Day Moving Average: $38.86
  • 200 Day Moving Average: $34.54
  • 52-Week Range: $22.36 - $41.22
  • Trailing P/E Ratio: 27.68
  • Foreward P/E Ratio: 18.50
  • P/E Growth: 1.94
  • Market Cap: $701.24M
  • Outstanding Shares: 19,944,000
  • Beta: 1.28
Profitability:
  • Net Margins: 2.71%
  • Return on Equity: 5.72%
  • Return on Assets: 3.74%
Debt:
  • Debt-to-Equity Ratio: 0.01%
  • Current Ratio: 3.64%
  • Quick Ratio: 1.51%
Additional Links:
Companies Related to Materion Corporation:

Analyst Ratings

Consensus Ratings for Materion Corporation (NYSE:MTRN) (?)
Ratings Breakdown: 2 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $34.50 (1.85% downside)

Analysts' Ratings History for Materion Corporation (NYSE:MTRN)
Show:
DateFirmActionRatingPrice TargetDetails
2/21/2017Jefferies Group LLCBoost Price TargetHold$30.00 -> $34.00View Rating Details
11/3/2016Wm SmithInitiated CoverageNot Rated$35.00View Rating Details
4/7/2016Stifel NicolausDowngradeBuy -> HoldView Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for Materion Corporation (NYSE:MTRN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/27/2017        
2/17/2017Q416$0.34$0.28$236.22 million$234.30 millionViewN/AView Earnings Details
10/27/2016Q316$0.36$0.46$252.86 million$249.60 millionViewListenView Earnings Details
7/28/2016Q216$0.29$0.31$235.29 million$249.80 millionViewListenView Earnings Details
4/29/2016Q116$0.24$0.27$218.82 million$235.51 millionViewListenView Earnings Details
2/18/2016Q415$0.33$0.36$244.08 million$214.00 millionViewListenView Earnings Details
10/29/2015Q3$0.40$0.40$279.00 million$244.50 millionViewListenView Earnings Details
7/30/2015Q215$0.42$0.43$295.92 million$276.86 millionViewListenView Earnings Details
4/30/2015Q115$0.36$0.41$268.45 million$290.00 millionViewN/AView Earnings Details
2/19/2015Q414$0.22$0.50$164.20 million$288.40 millionViewN/AView Earnings Details
10/23/2014Q314$0.43$0.51$295.33 million$291.60 millionViewListenView Earnings Details
7/24/2014Q214$0.26$0.36$172.48 million$287.97 millionViewN/AView Earnings Details
4/24/2014Q114$0.25$0.29$276.50 million$258.90 millionViewN/AView Earnings Details
2/26/2014Q413$0.23$0.34$273.91 million$286.14 millionViewN/AView Earnings Details
10/24/2013Q313$0.20$0.20$297.70 million$275.40 millionViewN/AView Earnings Details
7/26/2013Q2 2013$0.41$0.43$323.65 million$306.10 millionViewN/AView Earnings Details
4/25/2013Q1 2013$0.35$0.33$314.79 million$299.17 millionViewN/AView Earnings Details
2/28/2013Q4 2012$0.27$0.41$288.55 million$303.80 millionViewN/AView Earnings Details
10/25/2012$0.42$0.39ViewN/AView Earnings Details
7/27/2012$0.38$0.38ViewN/AView Earnings Details
4/26/2012$0.26$0.30ViewN/AView Earnings Details
10/27/2011$0.64$0.65ViewN/AView Earnings Details
7/29/2011$0.69$0.75ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Materion Corporation (NYSE:MTRN)
Current Year EPS Consensus Estimate: $1.54 EPS
Next Year EPS Consensus Estimate: $1.90 EPS

Dividends

Current Dividend Information for Materion Corporation (NYSE:MTRN)
Annual Dividend:$0.38
Dividend Yield:1.08%
Dividend Growth:6.00% (3 Year Average)
Payout Ratio:29.92% (Based on Trailing 12 Months of Earnings)
24.68% (Based on Current Year Consensus EPS Estimate)
20.00% (Based on Next Year Consensus EPS Estimate)
Track Record:4 Years of Consecutive Dividend Growth

Dividend History for Materion Corporation (NYSE:MTRN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/1/2017Quarterly$0.100.97%2/13/20172/15/20173/3/2017
10/27/2016quarterly$0.101.25%11/8/201611/10/201611/24/2016
8/4/2016quarterly$0.101.42%8/17/20168/19/20169/2/2016
5/5/2016quarterly$0.101.47%5/16/20165/18/20166/1/2016
2/4/2016quarterly$0.091.48%2/11/20162/16/20163/2/2016
10/29/2015Quarterly$0.0911/5/201511/9/201511/27/2015
8/5/2015quarterly$0.091.15%8/14/20158/18/20159/1/2015
5/7/2015quarterly$0.090.95%5/19/20155/21/20156/4/2015
2/5/2015quarterly$0.090.92%2/17/20152/19/20153/3/2015
10/24/2014quarterly$0.090.94%11/4/201411/6/201411/20/2014
7/22/2014quarterly$0.090.93%8/4/20148/6/20148/20/2014
5/7/2014quarterly$0.091.02%5/19/20145/21/20146/4/2014
2/5/2014quarterly$0.081.25%2/18/20142/20/20143/6/2014
10/25/2013quarterly$0.081.09%11/13/201311/15/201312/3/2013
7/24/2013quarterly$0.081.06%8/14/20138/16/20139/4/2013
5/1/2013quarterly$0.081.28%5/15/20135/17/20136/4/2013
2/6/2013quarterly$0.081.08%2/15/20132/20/20133/6/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Materion Corporation (NYSE:MTRN)
Insider Ownership Percentage: 3.30%
Institutional Ownership Percentage: 90.68%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/17/2017Craig S ShularDirectorSell5,744$38.94$223,671.36View SEC Filing  
11/10/2014John D GrampaCFOSell3,735$38.58$144,096.30View SEC Filing  
5/12/2014John GrampaCFOSell2,830$34.51$97,663.30View SEC Filing  
5/12/2014William LawrenceDirectorSell1,379$34.54$47,630.66View SEC Filing  
5/9/2014John GrampaCFOSell12,170$33.03$401,975.10View SEC Filing  
5/9/2013John D GrampaCFOSell15,000$28.63$429,450.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Materion Corporation (NYSE:MTRN)
DateHeadline
capitalcube.com logoMaterion Corp. :MTRN-US: Earnings Analysis: Q4, 2016 By the Numbers : February 22, 2017 (NYSE:MTRN)
www.capitalcube.com - February 22 at 6:48 PM
4-traders.com logoMaterion : Reports Fourth Quarter and Full-Year 2016 Financial Results and Provides 2017 Earnings Guidance (NYSE:MTRN)
www.4-traders.com - February 20 at 9:58 AM
finance.yahoo.com logoMaterion misses Street 4Q forecasts (NYSE:MTRN)
finance.yahoo.com - February 17 at 4:57 PM
News IconCould Materion Corporation (MTRN) be actually undervalued when we account for its future growth? (NYSE:MTRN)
simplywall.st - February 17 at 4:57 PM
News IconMaterion Corporation Reports Fourth Quarter and Full-Year 2016 Financial Results and Provides 2017 Earnings Guidance (NYSE:MTRN)
www.consumerelectronicsnet.com - February 17 at 4:57 PM
seekingalpha.com logoMaterion's (MTRN) CEO Dick Hipple on Q4 2016 Results - Earnings Call Transcript (NYSE:MTRN)
seekingalpha.com - February 17 at 4:57 PM
seekingalpha.com logoMaterion misses by $0.06, misses on revenue (NYSE:MTRN)
seekingalpha.com - February 17 at 7:51 AM
finance.yahoo.com logoInvestor Network Invites You to the Materion Corporation Fourth Quarter 2016 Earnings Conference Call and Webcast Live on Friday, February 17, 2017 (NYSE:MTRN)
finance.yahoo.com - February 16 at 6:18 PM
finance.yahoo.com logoMaterion Corporation Conference Call Scheduled (NYSE:MTRN)
finance.yahoo.com - February 3 at 7:28 PM
finance.yahoo.com logoMaterion Corporation Announces Annual Meeting Date and Declares Dividend (NYSE:MTRN)
finance.yahoo.com - February 1 at 7:47 PM
4-traders.com logoMaterion : ProIRTM Filters Allow Rapid R&D Prototyping; In-stock Filters Offer Superior Spectral Performance (NYSE:MTRN)
www.4-traders.com - February 1 at 12:38 AM
finance.yahoo.com logoMaterion ProIRTM Filters Allow Rapid R&D Prototyping (NYSE:MTRN)
finance.yahoo.com - January 30 at 7:23 PM
capitalcube.com logoMaterion Corp. breached its 50 day moving average in a Bullish Manner : MTRN-US : January 30, 2017 (NYSE:MTRN)
www.capitalcube.com - January 30 at 9:35 AM
capitalcube.com logoMaterion Corp. – Value Analysis (NYSE:MTRN) : January 20, 2017 (NYSE:MTRN)
www.capitalcube.com - January 20 at 7:29 PM
capitalcube.com logoMaterion Corp. breached its 50 day moving average in a Bullish Manner : MTRN-US : January 19, 2017 (NYSE:MTRN)
www.capitalcube.com - January 19 at 10:12 PM
4-traders.com logoMaterion : Awarded Two Patents for the Fabrication Process of BrushForm 158; Company completes its third patent in 2016 for ToughMet Alloys (NYSE:MTRN)
www.4-traders.com - January 18 at 6:56 AM
streetinsider.com logoMaterion Corp. (MTRN) Announces Two Patents for Fabrication Process of BrushForm 158 (NYSE:MTRN)
www.streetinsider.com - January 17 at 7:00 PM
4-traders.com logoMaterion : Awarded Two Patents for the Fabrication Process of BrushForm® 158 (NYSE:MTRN)
www.4-traders.com - January 17 at 11:39 AM
finance.yahoo.com logoMaterion Awarded Two Patents for the Fabrication Process of BrushForm® 158 (NYSE:MTRN)
finance.yahoo.com - January 17 at 11:39 AM
publicnow.com logoMaterion Corporation Announces Leadership Transition in Key Finance and Legal Positions (NYSE:MTRN)
www.publicnow.com - January 3 at 10:44 PM
us.rd.yahoo.com logo9:01 am Materion acquires the thin film gettering technology & related intellectual property assets from Integrated Sensing Systems; terms not disclosed (NYSE:MTRN)
us.rd.yahoo.com - December 20 at 12:38 PM
publicnow.com logoMaterion Precision Optics Acquires Gettering Capabilities for Wafer Level Processing (NYSE:MTRN)
www.publicnow.com - December 19 at 10:02 AM
News IconShould You Avoid Materion Corp (MTRN)? (NYSE:MTRN)
feedproxy.google.com - December 14 at 11:43 AM
biz.yahoo.com logoMATERION CORP Files SEC form 8-K, Other Events (NYSE:MTRN)
biz.yahoo.com - December 6 at 9:52 AM
streetinsider.com logoMaterion Corp. (MTRN) to Acquire Certain Materials Business Assets from Heraeus Group (NYSE:MTRN)
www.streetinsider.com - December 5 at 6:44 PM
uk.finance.yahoo.com logoMaterion Corporation Enters into Definitive Agreement to Acquire Heraeus’ Target Materials Business (NYSE:MTRN)
uk.finance.yahoo.com - December 5 at 10:12 AM
finance.yahoo.com logo8:06 am Materion to acquire Heraeus' target materials biz for about $30 mln; co expects EPS accretion in 2017 (NYSE:MTRN)
finance.yahoo.com - December 5 at 10:12 AM
capitalcube.com logoMaterion Corp. : MTRN-US: Dividend Analysis : November 10th, 2016 (record date) : By the numbers : December 1, 2016 (NYSE:MTRN)
www.capitalcube.com - December 1 at 6:36 PM
capitalcube.com logoETF’s with exposure to Materion Corp. : November 3, 2016 (NYSE:MTRN)
www.capitalcube.com - November 3 at 6:22 PM
finance.yahoo.com logoCoverage initiated on Materion by Wm Smith (NYSE:MTRN)
finance.yahoo.com - November 3 at 6:22 PM
finance.yahoo.com logoMATERION CORP Financials (NYSE:MTRN)
finance.yahoo.com - November 1 at 6:36 PM
biz.yahoo.com logoMATERION CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NYSE:MTRN)
biz.yahoo.com - October 31 at 6:21 PM
capitalcube.com logoMaterion Corp. :MTRN-US: Earnings Analysis: Q3, 2016 By the Numbers : October 31, 2016 (NYSE:MTRN)
www.capitalcube.com - October 31 at 12:58 PM
4-traders.com logoMaterion : Reports Third Quarter 2016 Financial Results and Declares Fourth Quarter Dividend (NYSE:MTRN)
www.4-traders.com - October 28 at 9:58 AM
capitalcube.com logoMaterion Corp. breached its 50 day moving average in a Bullish Manner : MTRN-US : October 28, 2016 (NYSE:MTRN)
www.capitalcube.com - October 28 at 9:58 AM
seekingalpha.com logoMaterion's (MTRN) CEO Dick Hipple on Q3 2016 Results - Earnings Call Transcript (NYSE:MTRN)
seekingalpha.com - October 27 at 6:23 PM
sg.finance.yahoo.com logoMaterion tops 3Q profit forecasts (NYSE:MTRN)
sg.finance.yahoo.com - October 27 at 11:10 AM
publicnow.com logoMaterion Corporation Reports Third Quarter 2016 Financial Results and Declares Fourth Quarter Dividend (NYSE:MTRN)
www.publicnow.com - October 27 at 11:10 AM
biz.yahoo.com logoMATERION CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits (NYSE:MTRN)
biz.yahoo.com - October 27 at 11:10 AM
finance.yahoo.com logoInvestor Calendar Invites You to the Materion Corporation Third Quarter 2016 Earnings Conference Call and Webcast Live on Thursday, October 27, 2016 (NYSE:MTRN)
finance.yahoo.com - October 26 at 6:21 PM
capitalcube.com logoMaterion Corp. breached its 50 day moving average in a Bullish Manner : MTRN-US : October 18, 2016 (NYSE:MTRN)
www.capitalcube.com - October 18 at 11:36 AM
publicnow.com logoMaterion Performance Alloys Announces Global Price Increase on Premium Rod, Bar, Tube and Wire Alloy Products (NYSE:MTRN)
www.publicnow.com - October 13 at 6:22 PM
biz.yahoo.com logoMATERION CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Exhibits (NYSE:MTRN)
biz.yahoo.com - October 6 at 6:05 PM
capitalcube.com logoETF’s with exposure to Materion Corp. : October 6, 2016 (NYSE:MTRN)
www.capitalcube.com - October 6 at 11:46 AM
publicnow.com logoIntroducing Materion COVERexpress (NYSE:MTRN)
www.publicnow.com - October 4 at 5:56 PM
finance.yahoo.com logoToughMet® Sucker Rod Couplings Named Finalist for Two Awards: 2016 World Oil and Platts Global Energy Awards (NYSE:MTRN)
finance.yahoo.com - September 30 at 11:30 AM
publicnow.com logoMaterion Supplies Beryllium for Retrofit of World-leading Nuclear Test Reactor (NYSE:MTRN)
www.publicnow.com - September 22 at 11:04 AM
capitalcube.com logoETF’s with exposure to Materion Corp. : September 13, 2016 (NYSE:MTRN)
www.capitalcube.com - September 13 at 11:08 AM
News IconHow To YieldBoost MTRN From 1.3% To 9.9% Using Options (NYSE:MTRN)
www.stockoptionschannel.com - September 8 at 6:03 PM
publicnow.com logoMaterion Receives Nadcap Merit Status for Heat Treatment and Tensile and Hardness Testing (NYSE:MTRN)
www.publicnow.com - September 2 at 11:06 AM

Social

What is Materion Corporation's stock symbol?

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

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

Materion Corporation declared a quarterly dividend on Wednesday, February 1st. Investors of record on Wednesday, February 15th will be paid a dividend of $0.095 per share on Friday, March 3rd. This represents a $0.38 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date of this dividend is Monday, February 13th.

Where is Materion Corporation's stock going? Where will Materion Corporation's stock price be in 2017?

2 analysts have issued 12-month price objectives for Materion Corporation's shares. Their predictions range from $34.00 to $35.00. On average, they expect Materion Corporation's share price to reach $34.50 in the next twelve months.

When will Materion Corporation announce their earnings?

Materion Corporation is scheduled to release their next quarterly earnings announcement on Thursday, April, 27th 2017.

What are analysts saying about Materion Corporation stock?

Here are some recent quotes from research analysts about Materion Corporation stock:

  • According to Zacks Investment Research, "Materion Corporation, formerly known as Brush Engineered Materials Inc., through its wholly-owned subsidiaries is engaged in the production and supply of high-performance engineered materials in the United States and internationally. Products offered by the Company comprise precious and non-precious specialty metals, inorganic chemicals and powders, specialty coatings, specialty engineered beryllium alloys, beryllium and beryllium composites, and engineered clad and plated metal systems. Materion Corporation is headquartered in Mayfield Heights, Ohio. " (2/23/2017)

  • Jefferies Group LLC analysts commented, "MTRN reported adj. 4Q16 EPS of $0.28, which was within its prior guidance range but came in below expectations. The company flagged a number of presumably transitory headwinds but expects its Heraeus acquisition, cost reductions and new products to more than offset and result in earnings growth in 2017. However, MTRN's 2017 EPS guide of $1.45-1.60 fell short of expectations. Maintain Hold." (2/21/2017)

Who owns Materion Corporation stock?

Materion Corporation's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.42%), NWQ Investment Management Company LLC (7.46%), Gamco Investors INC. ET AL (4.05%), State Street Corp (3.19%), Denver Investment Advisors LLC (2.01%) and Gabelli Funds LLC (1.94%).

Who sold Materion Corporation stock? Who is selling Materion Corporation stock?

Materion Corporation's stock was sold by a variety of institutional investors in the last quarter, including NWQ Investment Management Company LLC, State Street Corp, Denver Investment Advisors LLC, Guggenheim Capital LLC, Gamco Investors INC. ET AL, Trexquant Investment LP, Teton Advisors Inc. and Pinnacle Associates Ltd..

Who bought Materion Corporation stock? Who is buying Materion Corporation stock?

Materion Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Russell Investments Group Ltd., AQR Capital Management LLC, Thrivent Financial for Lutherans, Menta Capital LLC, Numeric Investors LLC, Two Sigma Investments LP and GSA Capital Partners LLP.

How do I buy Materion Corporation stock?

Shares of Materion Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Materion Corporation stock cost?

One share of Materion Corporation stock can currently be purchased for approximately $35.15.

Materion Corporation (NYSE:MTRN) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Materion Corporation (NYSE:MTRN)

Earnings History Chart

Earnings by Quarter for Materion Corporation (NYSE:MTRN)

Dividend History Chart

Dividend Payments by Quarter for Materion Corporation (NYSE:MTRN)

Last Updated on 2/24/2017 by MarketBeat.com Staff