Materion Corp Company Profile (NYSE:MTRN)

About Materion Corp (NYSE:MTRN)

Materion Corp logoMaterion Corporation, through its subsidiaries, is an integrated producer of engineered materials used in a range of electrical, electronic, thermal, and structural applications. The Company operates in four segments: Performance Alloys and Composites, Advanced Materials, Precision Coatings, and Other. The Performance Alloys and Composites segment consists of businesses, such as Performance Metals and Technical Materials. The Advanced Materials segment produces chemicals, microelectronics packaging, precious metal, non-precious metal and specialty metal products. The Precision Coatings segment includes units, such as Precision Optics and Large Area Coatings. Its products include inorganic chemicals and powders, specialty coatings, specialty engineered beryllium and copper-based alloys, beryllium composites, ceramics and engineered clad, and plated metal systems.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Industrial Metals & Minerals
  • Sub-Industry: Diversified Metals & Mining
  • Symbol: NYSE:MTRN
  • CUSIP: 57669010
  • Web: www.materion.com
Capitalization:
  • Market Cap: $690.52 million
  • Outstanding Shares: 19,986,000
Average Prices:
  • 50 Day Moving Avg: $34.76
  • 200 Day Moving Avg: $36.70
  • 52 Week Range: $23.06 - $41.22
P/E:
  • Trailing P/E Ratio: 30.07
  • Foreward P/E Ratio: 17.63
  • P/E Growth: 1.97
Sales & Book Value:
  • Annual Revenue: $974.39 million
  • Price / Sales: 0.71
  • Book Value: $24.87 per share
  • Price / Book: 1.39
Dividend:
  • Annual Dividend: $0.38
  • Dividend Yield: 1.2%
Profitability:
  • EBIDTA: $69.99 million
  • 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%
Misc:
  • Average Volume: 107,363 shs.
  • Beta: 1.28
  • Short Ratio: 4.9
 

Frequently Asked Questions for Materion Corp (NYSE:MTRN)

What is Materion Corp's stock symbol?

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

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

Materion Corp announced a quarterly dividend on Wednesday, May 3rd. Shareholders of record on Wednesday, May 17th will be given a dividend of $0.10 per share on Friday, June 2nd. This represents a $0.40 annualized dividend and a yield of 1.16%. The ex-dividend date of this dividend is Monday, May 15th. This is a boost from Materion Corp's previous quarterly dividend of $0.10. View Materion Corp's Dividend History.

How were Materion Corp's earnings last quarter?

Materion Corp (NYSE:MTRN) issued its earnings results on Friday, April, 28th. The company reported $0.29 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.28 by $0.01. The business had revenue of $240.67 million for the quarter, compared to analyst estimates of $231.58 million. Materion Corp had a return on equity of 5.72% and a net margin of 2.71%. The firm's revenue for the quarter was up 2.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.27 EPS. View Materion Corp's Earnings History.

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

Materion Corp updated its FY17 earnings guidance on Friday, April, 28th. The company provided earnings per share (EPS) guidance of $1.45-1.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.51.

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

1 analysts have issued 12 month target prices for Materion Corp's stock. Their forecasts range from $34.00 to $35.00. On average, they anticipate Materion Corp's stock price to reach $34.50 in the next twelve months. View Analyst Ratings for Materion Corp.

What are analysts saying about Materion Corp stock?

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

  • 1. 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. " (5/3/2017)
  • 2. 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 are some of Materion Corp's key competitors?

Who owns Materion Corp stock?

Materion Corp's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.26%), Vanguard Group Inc. (9.42%), Dimensional Fund Advisors LP (8.43%), Gamco Investors INC. ET AL (3.96%), Ameriprise Financial Inc. (3.26%) and State Street Corp (3.23%). Company insiders that own Materion Corp stock include Craig S Shular and Richard J Hipple. View Institutional Ownership Trends for Materion Corp.

Who sold Materion Corp stock? Who is selling Materion Corp stock?

Materion Corp's stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Walthausen & Co. LLC, Denver Investment Advisors LLC, Morgan Stanley, Gamco Investors INC. ET AL, Russell Investments Group Ltd., Menta Capital LLC and Goldman Sachs Group Inc.. Company insiders that have sold Materion Corp stock in the last year include Craig S Shular and Richard J Hipple. View Insider Buying and Selling for Materion Corp.

Who bought Materion Corp stock? Who is buying Materion Corp stock?

Materion Corp's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Barrow Hanley Mewhinney & Strauss LLC, Ameriprise Financial Inc., Systematic Financial Management LP, AQR Capital Management LLC, Parametric Portfolio Associates LLC and TFS Capital LLC. View Insider Buying and Selling for Materion Corp.

How do I buy Materion Corp stock?

Shares of Materion Corp 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 Corp stock cost?

One share of Materion Corp stock can currently be purchased for approximately $34.55.

Analyst Ratings

Consensus Ratings for Materion Corp (NYSE:MTRN) (?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $34.50 (0.14% downside)

Analysts' Ratings History for Materion Corp (NYSE:MTRN)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
2/21/2017Jefferies Group LLCBoost Price TargetHold$30.00 -> $34.00N/AView Rating Details
11/3/2016Wm SmithInitiated CoverageNot Rated$35.00N/AView Rating Details
4/7/2016Stifel NicolausDowngradeBuy -> HoldN/AView Rating Details
(Data available from 5/23/2015 forward)

Earnings

Earnings History for Materion Corp (NYSE:MTRN)
Earnings by Quarter for Materion Corp (NYSE:MTRN)
Earnings History by Quarter for Materion Corp (NYSE:MTRN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/28/2017Q1 2017$0.28$0.29$231.58 million$240.67 millionViewN/AView Earnings Details
2/17/2017Q416$0.33$0.28$236.22 million$234.30 millionViewN/AView Earnings Details
10/27/2016Q316$0.35$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$0.44$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$0.46$0.47$172.48 million$287.97 millionViewN/AView Earnings Details
4/24/2014Q114$0.24$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 Corp (NYSE:MTRN)
Current Year EPS Consensus Estimate: $1.50 EPS
Next Year EPS Consensus Estimate: $1.96 EPS

Dividends

Current Dividend Information for Materion Corp (NYSE:MTRN)
Next Dividend:6/2/2017
Annual Dividend:$0.38
Dividend Yield:1.10%
Dividend Growth:6.00% (3 Year Average)
Payout Ratio:29.92% (Trailing 12 Months of Earnings)
25.33% (Based on This Year's Estimates)
19.39% (Based on Next Year's Estimates)
Track Record:4 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Materion Corp (NYSE:MTRN)

Dividend History by Quarter for Materion Corp (NYSE:MTRN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/3/2017Quarterly$0.101.18%5/15/20175/17/20176/2/2017
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 and Institutional Ownership History for Materion Corp (NYSE:MTRN)
Insider Ownership Percentage: 3.30%
Institutional Ownership Percentage: 90.68%
Insider Trades by Quarter for Materion Corp (NYSE:MTRN)
Institutional Ownership by Quarter for Materion Corp (NYSE:MTRN)
Insider Trades by Quarter for Materion Corp (NYSE:MTRN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/23/2017Richard J HippleInsiderSell5,000$34.47$172,350.00View SEC Filing  
5/19/2017Richard J HippleInsiderSell2,500$34.17$85,425.00View SEC Filing  
3/31/2017Richard J HippleInsiderSell230$32.58$7,493.40View SEC Filing  
3/30/2017Richard J HippleInsiderSell12,000$32.11$385,320.00View SEC Filing  
3/24/2017Richard J HippleInsiderSell3,000$32.37$97,110.00View SEC Filing  
3/23/2017Richard J HippleInsiderSell6,000$32.59$195,540.00View SEC Filing  
3/20/2017Richard J HippleInsiderSell6,000$33.16$198,960.00View SEC Filing  
3/17/2017Richard J HippleInsiderSell6,000$33.64$201,840.00View SEC Filing  
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

Headline Trends for Materion Corp (NYSE:MTRN)
Latest Headlines for Materion Corp (NYSE:MTRN)
Source:
DateHeadline
americanbankingnews.com logoMaterion Corp (MTRN) Insider Sells $172,350.00 in Stock
www.americanbankingnews.com - May 23 at 4:32 PM
americanbankingnews.com logoRichard J. Hipple Sells 2,500 Shares of Materion Corp (MTRN) Stock
www.americanbankingnews.com - May 23 at 10:24 AM
finance.yahoo.com logoMaterion Corp. : MTRN-US: Dividend Analysis : May 17th, 2017 (record date) : By the numbers : May 19, 2017
finance.yahoo.com - May 19 at 7:10 PM
finance.yahoo.com logoMaterion and Longstanding Beryllium Hydroxide Customer Complete Long-term Supply Agreement
finance.yahoo.com - May 16 at 10:23 AM
thestreet.com logoReminder - Materion (MTRN) Goes Ex-Dividend Soon
www.thestreet.com - May 13 at 12:18 AM
americanbankingnews.com logoMaterion Corp (MTRN) Expected to Announce Quarterly Sales of $263.49 Million
www.americanbankingnews.com - May 11 at 1:02 PM
americanbankingnews.com logoZacks: Brokerages Expect Materion Corp (MTRN) Will Announce Earnings of $0.40 Per Share
www.americanbankingnews.com - May 9 at 9:44 AM
finance.yahoo.com logoMaterion Corp. breached its 50 day moving average in a Bullish Manner : MTRN-US : May 8, 2017
finance.yahoo.com - May 8 at 12:28 PM
finance.yahoo.com logoETFs with exposure to Materion Corp. : May 5, 2017
finance.yahoo.com - May 5 at 6:58 PM
finance.yahoo.com logoMaterion Expands Alumina Ceramic Material Offering with Introduction of Durox® 98
finance.yahoo.com - May 4 at 6:45 PM
americanbankingnews.com logoMaterion Corp (mtrn) Declares Dividend Increase - $0.10 Per Share
www.americanbankingnews.com - May 4 at 4:22 PM
finance.yahoo.com logoMaterion Corp. :MTRN-US: Earnings Analysis: Q1, 2017 By the Numbers : May 3, 2017
finance.yahoo.com - May 3 at 5:44 PM
finance.yahoo.com logoMaterion Corporation Increases Quarterly Cash Dividend
finance.yahoo.com - May 3 at 5:44 PM
americanbankingnews.com logoAnalysts Expect Materion Corp (MTRN) to Post $0.41 EPS
www.americanbankingnews.com - May 1 at 6:12 PM
seekingalpha.com logoMaterion's (MTRN) CEO Jugal Vijayvargiva on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - April 30 at 7:52 PM
streetinsider.com logoMaterion Corp. (MTRN) Tops Q1 EPS by 2c, Beats on Revenue; Reaffirms FY Guidance
www.streetinsider.com - April 30 at 12:12 AM
americanbankingnews.com logoMaterion Corp (MTRN) Announces Earnings Results, Beats Expectations By $0.02 EPS
www.americanbankingnews.com - April 29 at 1:26 AM
americanbankingnews.com logoMaterion Corp (MTRN) Posts Quarterly Earnings Results, Beats Expectations By $0.02 EPS
www.americanbankingnews.com - April 29 at 1:21 AM
finance.yahoo.com logoEdited Transcript of MTRN earnings conference call or presentation 28-Apr-17 1:00pm GMT
finance.yahoo.com - April 29 at 12:44 AM
americanbankingnews.com logoMaterion Corp (MTRN) Earns News Impact Score of -0.35
www.americanbankingnews.com - April 28 at 11:24 AM
americanbankingnews.com logoMaterion Corp (MTRN) Issues FY17 Earnings Guidance
www.americanbankingnews.com - April 28 at 9:44 AM
finance.yahoo.com logoMaterion Corporation Reports First Quarter 2017 Financial Results and Confirms Outlook for 2017
finance.yahoo.com - April 28 at 9:06 AM
finance.yahoo.com logoMaterion beats 1Q profit forecasts
finance.yahoo.com - April 28 at 9:06 AM
finance.yahoo.com logoInvestor Network Invites You to the Materion Corporation First Quarter 2017 Earnings Conference Call and Webcast Live on Friday, April 28, 2017
finance.yahoo.com - April 27 at 7:14 PM
finance.yahoo.com logoMaterion Corp. – Value Analysis (NYSE:MTRN) : April 26, 2017
finance.yahoo.com - April 26 at 6:35 PM
finance.yahoo.com logoMaterion Corp. breached its 50 day moving average in a Bullish Manner : MTRN-US : April 25, 2017
finance.yahoo.com - April 25 at 5:59 PM
americanbankingnews.com logoMaterion Corp (MTRN) Given Daily Media Impact Score of 0.06
www.americanbankingnews.com - April 24 at 9:00 PM
americanbankingnews.com logoMaterion Corp (MTRN) Expected to Post Quarterly Sales of $232.83 Million
www.americanbankingnews.com - April 20 at 3:22 PM
americanbankingnews.com logoMaterion Corp (MTRN) Given Coverage Optimism Score of -0.03
www.americanbankingnews.com - April 18 at 6:51 PM
americanbankingnews.com logoMaterion Corp (MTRN) Expected to Post Earnings of $0.28 Per Share
www.americanbankingnews.com - April 18 at 9:08 AM
americanbankingnews.com logoMaterion Corp (MTRN) Receiving Somewhat Favorable News Coverage, Analysis Finds
www.americanbankingnews.com - April 13 at 7:47 PM
finance.yahoo.com logoMaterion Precision Coatings Awarded ISO 13485 Quality Certification
finance.yahoo.com - April 7 at 11:21 AM
americanbankingnews.com logoZacks: Materion Corp (MTRN) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - April 5 at 10:22 AM
americanbankingnews.com logoMaterion Corp (MTRN) Insider Sells $385,320.00 in Stock
www.americanbankingnews.com - March 31 at 7:36 PM
americanbankingnews.com logoMaterion Corp (MTRN) Insider Sells $97,110.00 in Stock
www.americanbankingnews.com - March 28 at 1:34 PM
americanbankingnews.com logoRichard J. Hipple Sells 6,000 Shares of Materion Corp (MTRN) Stock
www.americanbankingnews.com - March 24 at 1:20 PM
americanbankingnews.com logoInsider Selling: Materion Corp (MTRN) Insider Sells 6,000 Shares of Stock
www.americanbankingnews.com - March 22 at 10:53 AM
americanbankingnews.com logoMaterion Corp (MTRN) Insider Richard J. Hipple Sells 6,000 Shares
www.americanbankingnews.com - March 20 at 12:13 PM
biz.yahoo.com logoMATERION CORP Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - March 13 at 6:23 PM
us.rd.yahoo.com logoMaterion Corporation Announces Planned Leadership Succession
us.rd.yahoo.com - March 3 at 6:43 PM
biz.yahoo.com logoMATERION CORP Files SEC form 8-K, Change in Directors or Principal Officers, Regulation FD Disclosure
biz.yahoo.com - March 3 at 6:43 PM
finance.yahoo.com logoMaterion Corporation Completes Heraeus Target Materials Acquisition
finance.yahoo.com - March 1 at 10:46 AM
finance.yahoo.com logoMaterion misses Street 4Q forecasts
finance.yahoo.com - February 17 at 4:57 PM
seekingalpha.com logoMaterion's (MTRN) CEO Dick Hipple on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 17 at 4:57 PM
seekingalpha.com logoMaterion misses by $0.06, misses on revenue
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
finance.yahoo.com - February 16 at 6:18 PM
finance.yahoo.com logoMaterion Corporation Conference Call Scheduled
finance.yahoo.com - February 3 at 7:28 PM
finance.yahoo.com logoMaterion Corporation Announces Annual Meeting Date and Declares Dividend
finance.yahoo.com - February 1 at 7:47 PM
finance.yahoo.com logoMaterion ProIRTM Filters Allow Rapid R&D Prototyping
finance.yahoo.com - January 30 at 7:23 PM
streetinsider.com logoMaterion Corp. (MTRN) Announces Two Patents for Fabrication Process of BrushForm 158
www.streetinsider.com - January 17 at 7:00 PM

Social

Chart

Materion Corp (MTRN) Chart for Tuesday, May, 23, 2017

This page was last updated on 5/23/2017 by MarketBeat.com Staff