S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Closing prices for crude oil, gold and other commodities
JPMorgan Chase, Advanced Micro Devices fall; Progressive, State Street rise, 4/12/2024
How major US stock indexes fared Friday, 4/12/2024
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Faced with possibly paying for news, Google removes links to California news sites for some users
The US and UK restrict the trade of Russian-origin metals
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Closing prices for crude oil, gold and other commodities
JPMorgan Chase, Advanced Micro Devices fall; Progressive, State Street rise, 4/12/2024
How major US stock indexes fared Friday, 4/12/2024
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Faced with possibly paying for news, Google removes links to California news sites for some users
The US and UK restrict the trade of Russian-origin metals
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Closing prices for crude oil, gold and other commodities
JPMorgan Chase, Advanced Micro Devices fall; Progressive, State Street rise, 4/12/2024
How major US stock indexes fared Friday, 4/12/2024
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Faced with possibly paying for news, Google removes links to California news sites for some users
The US and UK restrict the trade of Russian-origin metals
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Closing prices for crude oil, gold and other commodities
JPMorgan Chase, Advanced Micro Devices fall; Progressive, State Street rise, 4/12/2024
How major US stock indexes fared Friday, 4/12/2024
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Faced with possibly paying for news, Google removes links to California news sites for some users
The US and UK restrict the trade of Russian-origin metals
NYSE:MTRN

Materion (MTRN) Stock Price, News & Analysis

$125.44
-1.88 (-1.48%)
(As of 04/12/2024 ET)
Today's Range
$123.77
$129.60
50-Day Range
$117.72
$139.14
52-Week Range
$92.23
$145.08
Volume
109,864 shs
Average Volume
122,218 shs
Market Capitalization
$2.60 billion
P/E Ratio
27.39
Dividend Yield
0.41%
Price Target
$144.50

Materion MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
15.2% Upside
$144.50 Price Target
Short Interest
Healthy
1.34% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.39mentions of Materion in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$666,420 Sold Last Quarter
Proj. Earnings Growth
22.06%
From $6.03 to $7.36 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.24 out of 5 stars

Basic Materials Sector

33rd out of 168 stocks

Metal Forgings & Stampings Industry

2nd out of 4 stocks

MTRN stock logo

About Materion Stock (NYSE:MTRN)

Materion Corporation, together 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. The company operates in four segments: Performance Materials, Electronic Materials, Precision Optics, and Other. The company provides 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; engineering and product development services; alloyed metals, beryllium products, and beryllium hydroxide; precision strip, rod, and wire products, as well as engineered strip metal products; and ToughMet alloys and SupremEX aluminum silicon carbide metal matrix composite formulation products. It operates the bertrandite ore mine and refinery located in Utah that provides feedstock hydroxide for its beryllium businesses and external sale. In addition, it 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. Further, the company designs and produces precision thin film coatings, optical filters, and assemblies. The company sells its products directly from its facilities, as well as through company-owned service centers, outside distributors, agents, direct sales offices, and independent sales representatives. The company was formerly known as Brush Engineered Materials Inc. and changed its name to Materion Corporation in March 2011. Materion Corporation was founded in 1921 and is headquartered in Mayfield Heights, Ohio.

MTRN Stock Price History

MTRN Stock News Headlines

This consistently signaled gains of 453%... 610%... and even 1036%...
It doesn’t happen often, but occasionally, something completely unique comes across my radar. In this case, I’m talking about legal “Insider Trading”. Traders who have consistently signaled 453% … 610% .. and even 1036%... gains. And until now they have been doing it completely under the radar. In an upcoming interview I am revealing the strategy behind this gold-mine and how you can piggy back their every trade.
KeyBanc Reaffirms Their Buy Rating on Materion (MTRN)
Q4 2023 Aterian Inc Earnings Call
MTRN Mar 2024 140.000 call
Materion Corp.
This consistently signaled gains of 453%... 610%... and even 1036%...
It doesn’t happen often, but occasionally, something completely unique comes across my radar. In this case, I’m talking about legal “Insider Trading”. Traders who have consistently signaled 453% … 610% .. and even 1036%... gains. And until now they have been doing it completely under the radar. In an upcoming interview I am revealing the strategy behind this gold-mine and how you can piggy back their every trade.
Materion Stock (NYSE:MTRN), Dividends
Materion Corp CFO Shelly Chadwick Sells 2,000 Shares
MTRN Sep 2024 165.000 call
MTRN Mar 2024 115.000 call
Materion: Q4 Earnings Snapshot
Materion (MTRN) Tops Q4 Earnings and Revenue Estimates
Here's what Wall Street expects from Materion's earnings
Materion Q4 2023 Earnings Preview
Materion's Earnings Outlook
See More Headlines
Receive MTRN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Materion and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
2/15/2024
Ex-Dividend for 3/8 Dividend
2/21/2024
Dividend Payable
3/08/2024
Today
4/13/2024
Next Earnings (Estimated)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Metal forgings & stampings
Sub-Industry
Diversified Metals & Mining
CUSIP
57669010
Employees
3,404
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$144.50
High Stock Price Target
$156.00
Low Stock Price Target
$133.00
Potential Upside/Downside
+15.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$95.70 million
Pretax Margin
6.48%

Debt

Sales & Book Value

Annual Sales
$1.67 billion
Cash Flow
$8.84 per share
Book Value
$42.88 per share

Miscellaneous

Free Float
20,254,000
Market Cap
$2.60 billion
Optionable
Optionable
Beta
1.14
Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report

Key Executives

  • Mr. Jugal K. Vijayvargiya (Age 56)
    CEO, President & Director
    Comp: $1.65M
  • Ms. Shelly M. Chadwick (Age 51)
    Chief Accounting Officer & CFO
    Comp: $728.05k
  • Mr. Gregory R. Chemnitz (Age 66)
    VP, General Counsel & Secretary
    Comp: $674.6k
  • Dr. Ian Tribick Ph.D.
    President of Precision Optics & Chief Technology Officer
  • Mr. Steven J. Holt (Age 60)
    Chief Information Officer
  • Kyle Kelleher
    Manager of Investor Relations
  • Mr. Allen F. Reid
    Chief Human Resources Officer
  • Mr. John M. Zaranec
    Division Chief Financial Officer Performance Materials
  • Mr. Alfonso T. Lubrano
    President & CEO of Technical Materials Inc
  • Mr. Clive A. Grannum (Age 58)
    President of Performance Materials

MTRN Stock Analysis - Frequently Asked Questions

Should I buy or sell Materion stock right now?

3 Wall Street research 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 research analysts is that investors should "buy" MTRN shares.
View MTRN analyst ratings
or view top-rated stocks.

What is Materion's stock price target for 2024?

3 Wall Street research analysts have issued 1 year price objectives for Materion's shares. Their MTRN share price targets range from $133.00 to $156.00. On average, they anticipate the company's share price to reach $144.50 in the next year. This suggests a possible upside of 15.2% 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 2024?

Materion's stock was trading at $130.13 on January 1st, 2024. Since then, MTRN shares have decreased by 3.6% and is now trading at $125.44.
View the best growth stocks for 2024 here
.

Are investors shorting Materion?

Materion saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 271,200 shares, a drop of 18.1% from the March 15th total of 331,100 shares. Based on an average daily volume of 100,000 shares, the short-interest ratio is presently 2.7 days. Currently, 1.3% of the company's shares are short sold.
View Materion's Short Interest
.

When is Materion's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our MTRN earnings forecast
.

How were Materion's earnings last quarter?

Materion Co. (NYSE:MTRN) posted its earnings results on Thursday, February, 15th. The basic materials company reported $1.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.38 by $0.03. The basic materials company had revenue of $421 million for the quarter, compared to analysts' expectations of $420.50 million. Materion had a net margin of 5.75% and a trailing twelve-month return on equity of 13.49%. Materion's quarterly revenue was down 3.1% on a year-over-year basis. During the same period in the previous year, the firm posted $1.49 earnings per share.

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

Materion declared a quarterly dividend on Wednesday, January 31st. Stockholders of record on Thursday, February 22nd will be given a dividend of $0.13 per share on Friday, March 8th. This represents a $0.52 annualized dividend and a yield of 0.41%. The ex-dividend date of this dividend is Wednesday, February 21st.
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 0.41%. 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 11.35%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MTRN will have a dividend payout ratio of 7.07% 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 2024 earnings guidance on Friday, February, 16th. The company provided earnings per share guidance of 6.100-6.500 for the period, compared to the consensus earnings per share estimate of 6.290. 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 Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Chipotle Mexican Grill (CMG), Accenture (ACN), Endologix (ELGX), AbbVie (ABBV), Micron Technology (MU), Costco Wholesale (COST), Starbucks (SBUX) and Agrium (AGU).

Who are Materion's major shareholders?

Materion's stock is owned by a number of institutional and retail investors. Top institutional investors include Meyer Handelman Co. (0.04%) and Confluence Investment Management LLC (0.02%). Insiders that own company stock include Craig S Shular, Emily M Liggett, Gregory R Chemnitz and Shelly Marie Chadwick.
View institutional ownership trends
.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:MTRN) was last updated on 4/13/2024 by MarketBeat.com Staff

From Our Partners