Materion - MTRN Stock Forecast, Price & News

3 Wall Street equities 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 equities research analysts is that investors should "buy" MTRN shares.
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3 brokers have issued 12 month price objectives for Materion's shares. Their MTRN share price forecasts range from $92.00 to $120.00. On average, they anticipate the company's share price to reach $102.33 in the next twelve months. This suggests a possible upside of 13.4% from the stock's current price.
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Materion's stock was trading at $87.51 at the beginning of 2023. Since then, MTRN shares have increased by 3.1% and is now trading at $90.25.
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Materion saw a increase in short interest during the month of December. As of December 30th, there was short interest totaling 507,800 shares, an increase of 31.7% from the December 15th total of 385,600 shares. Based on an average trading volume of 138,500 shares, the short-interest ratio is presently 3.7 days. Approximately 2.5% of the shares of the company are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
View our MTRN earnings forecast.

Materion Co. (NYSE:MTRN) issued its quarterly earnings results on Wednesday, November, 2nd. The basic materials company reported $1.19 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.45 by $0.26. The basic materials company had revenue of $428.19 million for the quarter, compared to analysts' expectations of $452.30 million. Materion had a trailing twelve-month return on equity of 13.42% and a net margin of 4.47%.

Materion declared a quarterly dividend on Friday, October 28th. Stockholders of record on Wednesday, November 16th will be given a dividend of $0.125 per share on Thursday, December 8th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 0.55%. The ex-dividend date is Tuesday, November 15th.
Read our dividend analysis for MTRN.

Materion (NYSE:MTRN) pays an annual dividend of $0.50 per share and currently has a dividend yield of 0.56%. The company 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 is 13.48%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MTRN will have a dividend payout ratio of 8.87% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MTRN.

Materion issued an update on its FY 2022 earnings guidance on Wednesday, November, 9th. The company provided earnings per share (EPS) guidance of $5.15-$5.25 for the period, compared to the consensus earnings per share estimate of $5.25. The company issued revenue guidance of -.

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.

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).

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

Materion's stock is owned by many different institutional and retail investors. Top institutional investors include Copeland Capital Management LLC (2.24%), Ziegler Capital Management LLC (0.79%), Phocas Financial Corp. (0.58%), Scout Investments Inc. (0.36%), Rice Hall James & Associates LLC (0.21%) and New York State Common Retirement Fund (0.21%). Insiders that own company stock include Craig S Shular, Gregory R Chemnitz and Vinod M Khilnani.
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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.
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One share of MTRN stock can currently be purchased for approximately $90.25.

Materion (NYSE:MTRN) has a market capitalization of $1.85 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 $3.71 on an earnings per share basis.

The company employs 3,443 workers across the globe.

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.