S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Dems' climate, energy, tax bill clears initial Senate hurdle
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Dems' climate, energy, tax bill clears initial Senate hurdle
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Dems' climate, energy, tax bill clears initial Senate hurdle
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Dems' climate, energy, tax bill clears initial Senate hurdle
Shift in war's front seen as grain leaves Ukraine; plant hit
NYSE:MTRN

Materion - MTRN Stock Forecast, Price & News

$88.99
+1.69 (+1.94%)
(As of 08/5/2022 12:00 AM ET)
Add
Compare
Today's Range
$86.69
$89.60
50-Day Range
$69.33
$88.99
52-Week Range
$68.01
$96.00
Volume
100,407 shs
Average Volume
101,730 shs
Market Capitalization
$1.83 billion
P/E Ratio
24.52
Dividend Yield
0.56%
Price Target
$105.00

Materion MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
18.0% Upside
$105.00 Price Target
Short Interest
Bearish
2.34% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.41mentions of Materion in the last 14 days
Based on 26 Articles This Week
Insider Trading
Selling Shares
$376,000 Sold Last Quarter
Proj. Earnings Growth
15.37%
From $5.53 to $6.38 Per Share

Overall MarketRank

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

2.67 out of 5 stars

Basic Materials Sector

57th out of 219 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 Alloys and Composites, Advanced Materials, and Precision Optics segments. The Performance Alloys and Composites 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 Advances 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.

Analyst Ratings Changes

A number of research firms have weighed in on MTRN. KeyCorp decreased their target price on shares of Materion from $106.00 to $100.00 and set an "overweight" rating for the company in a research report on Friday, July 8th. CL King began coverage on shares of Materion in a research report on Wednesday, July 6th. They set a "buy" rating and a $95.00 price objective for the company.

Materion Trading Up 1.9 %

Shares of MTRN Stock traded up $1.69 during trading hours on Friday, hitting $88.99. 100,407 shares of the company were exchanged, compared to its average volume of 101,730. Materion has a fifty-two week low of $68.01 and a fifty-two week high of $96.00. The company has a 50 day simple moving average of $76.87 and a two-hundred day simple moving average of $81.08. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.42 and a current ratio of 3.36. The firm has a market cap of $1.83 billion, a P/E ratio of 24.52 and a beta of 1.30.

Materion (NYSE:MTRN - Get Rating) last issued its earnings results on Wednesday, August 3rd. The basic materials company reported $1.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.21 by $0.07. Materion had a return on equity of 13.45% and a net margin of 4.47%. The company had revenue of $445.30 million for the quarter, compared to analysts' expectations of $455.48 million. During the same period last year, the business earned $0.86 EPS. Materion's quarterly revenue was up 20.0% compared to the same quarter last year. Equities analysts anticipate that Materion will post 5.53 EPS for the current year.

Insider Buying and Selling

In other Materion news, VP Gregory R. Chemnitz sold 4,700 shares of the firm's stock in a transaction on Friday, May 13th. The stock was sold at an average price of $80.00, for a total transaction of $376,000.00. Following the transaction, the vice president now directly owns 17,195 shares in the company, valued at approximately $1,375,600. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.10% of the stock is owned by company insiders.

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.

MTRN Stock News Headlines

Materion: Q2 Earnings Insights - Benzinga
Materion (MTRN) Q2 2022 Earnings Call Transcript
Materion (MTRN) Q2 Earnings Beat Estimates
Recap: Materion Q2 Earnings - Benzinga
Materion (MTRN) to Release Earnings on Wednesday
Materion and Kairos Power to Advance Clean Energy
Materion Celebrates Webb Success - Business Wire
Materion Celebrates Webb Success
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.

MTRN Company Calendar

Ex-Dividend for 6/16 Dividend
5/26/2022
Dividend Payable
6/16/2022
Last Earnings
8/03/2022
Today
8/07/2022
Next Earnings (Estimated)
11/01/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Metal forgings & stampings
Sub-Industry
Diversified Metals & Mining
CUSIP
57669010
Employees
3,443
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$105.00
High Stock Price Forecast
$120.00
Low Stock Price Forecast
$95.00
Forecasted Upside/Downside
+18.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$72.47 million
Pretax Margin
4.84%

Debt

Sales & Book Value

Annual Sales
$1.51 billion
Cash Flow
$6.33 per share
Book Value
$36.52 per share

Miscellaneous

Free Float
20,080,000
Market Cap
$1.83 billion
Optionable
Optionable
Beta
1.30

Key Executives

  • Mr. Jugal K. Vijayvargiya (Age 54)
    CEO, Pres & Director
    Comp: $2.21M
  • Ms. Shelly M. Chadwick (Age 50)
    VP of Fin. & CFO
    Comp: $947.62k
  • Mr. Gregory R. Chemnitz (Age 64)
    VP, Gen. Counsel & Sec.
    Comp: $867.94k
  • Mr. Marc Rands
    VP of Global Operations
  • Mr. John Zaranec
    VP of Investor Relations, Corp. Controller & Chief Accounting Officer
  • Dr. Ian Tribick
    Pres of Precision Coatings & Chief Technology Officer
  • Mr. Steven J. Holt (Age 58)
    Chief Information Officer
  • Dr. Stephen Freeman
    Pres of International Bus. Devel.
  • Mr. Allen F. Reid
    Chief HR Officer
  • Mr. Michael D. Anderson (Age 70)
    Pres of Beryllium Products













MTRN Stock - Frequently Asked Questions

Should I buy or sell Materion stock right now?

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

What is Materion's stock price forecast for 2022?

3 brokers have issued 12-month price objectives for Materion's stock. Their MTRN stock forecasts range from $95.00 to $120.00. On average, they anticipate Materion's stock price to reach $105.00 in the next twelve months. This suggests a possible upside of 18.0% from the stock's current price.
View analysts' price targets for Materion
or view top-rated stocks among Wall Street analysts.

How has Materion's stock performed in 2022?

Materion's stock was trading at $91.94 on January 1st, 2022. Since then, MTRN stock has decreased by 3.2% and is now trading at $88.99.
View the best growth stocks for 2022 here
.

When is Materion's next earnings date?

Materion is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our earnings forecast for Materion
.

How were Materion's earnings last quarter?

Materion Co. (NYSE:MTRN) released its earnings results on Wednesday, August, 3rd. The basic materials company reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.07. The basic materials company earned $445.30 million during the quarter, compared to analyst estimates of $455.48 million. Materion had a trailing twelve-month return on equity of 13.45% and a net margin of 4.47%. The company's revenue for the quarter was up 20.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.86 EPS.

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

Materion announced a quarterly dividend on Wednesday, May 4th. Shareholders of record on Friday, May 27th will be given a dividend of $0.125 per share on Thursday, June 16th. This represents a $0.50 dividend on an annualized basis and a yield of 0.56%. The ex-dividend date is Thursday, May 26th. This is an increase from Materion's previous quarterly dividend of $0.12.
View Materion's dividend history
.

Is Materion a good dividend stock?

Materion(NYSE:MTRN) pays an annual dividend of $0.50 per share and currently has a dividend yield of 0.56%. Materion has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Materion is 13.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Materion will have a dividend payout ratio of 7.84% next year. This indicates that Materion will be able to sustain or increase its dividend.
View Materion's dividend history.

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

Materion updated its FY 2022 earnings guidance on Wednesday, August, 3rd. The company provided earnings per share (EPS) guidance of $5.50-$5.90 for the period, compared to the consensus earnings per share estimate of $5.10. The company issued revenue guidance of -.

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

13 employees have rated Materion CEO Jugal K. Vijayvargiya on Glassdoor.com. Jugal K. Vijayvargiya has an approval rating of 52% among Materion'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."

Who are Materion's major shareholders?

Materion's stock is owned by many different retail and institutional investors. Top institutional investors include abrdn plc (3.58%), Copeland Capital Management LLC (2.05%), Trigran Investments Inc. (1.50%), Granite Investment Partners LLC (1.34%), Ziegler Capital Management LLC (0.83%) and ProShare Advisors LLC (0.52%). Company insiders that own Materion stock include Craig S Shular, Gregory R Chemnitz and Vinod M Khilnani.
View institutional ownership trends for Materion
.

How do I buy shares of Materion?

Shares of MTRN 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 $88.99.

How much money does Materion make?

Materion (NYSE:MTRN) has a market capitalization of $1.83 billion and generates $1.51 billion in revenue each year. The basic materials company earns $72.47 million in net income (profit) each year or $3.63 on an earnings per share basis.

How many employees does Materion have?

Materion employs 3,443 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 Materion 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 8/7/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.