Materion Corporation Company Profile (NYSE:MTRN)

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

Materion Corporation announced a quarterly dividend on Wednesday, May 3rd. Stockholders of record on Wednesday, May 17th will be paid a dividend of $0.10 per share on Friday, June 2nd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.06%. The ex-dividend date is Monday, May 15th. This is an increase from Materion Corporation's previous quarterly dividend of $0.10. View Materion Corporation's Dividend History.

Materion Corporation (NYSE:MTRN) posted its earnings results on Friday, April, 28th. The company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.01. The business earned $240.67 million during the quarter, compared to the consensus estimate of $231.58 million. Materion Corporation had a net margin of 2.40% and a return on equity of 5.50%. The company's revenue was up 2.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.27 earnings per share. View Materion Corporation's Earnings History.

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

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

Here are some recent quotes from research analysts about Materion Corporation 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. " (7/4/2017)
• 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)

Some companies that are related to Materion Corporation include Hochschild Mining Plc (HOC), Elementis plc (ELM), NovaGold Resources (NG), Orion Engineered Carbons S.A (OEC), Ferrexpo Plc (FXPO), Osisko Gold Royalties Ltd (OR), Atkore International Group (ATKR), Neenah Paper (NP), Breedon Group PLC (BREE), First Majestic Silver Corp. (AG), Sirius Minerals PLC (SXX), Cosan Limited (CZZ), Silver Standard Resources (SSRI), Dominion Diamond Corporation (DDC), Kraton Corporation (KRA), Valhi (VHI), Sibanye Gold Limited (SBGL) and MAG Silver Corp (MAG).

Materion Corporation's management team includes the folowing people:

• Richard J. Hipple, Executive Chairman of the Board
• Jugal K. Vijayvargiya, President, Chief Executive Officer, Director
• Joseph P. Kelley, Chief Financial Officer, Vice President - Finance
• Gregory R. Chemnitz, Vice President, Legal Counsel, Corporate Secretary
• Stephen Shamrock, Vice President, Corporate Controller and Investor Relations
• Christopher E. Eberhardt, Vice President - Tax, Treasury
• William B. Lawrence, Lead Independent Director
• Joseph P. Keithley, Independent Director
• Vinod M. Khilnani, Independent Director
• N. Mohan Reddy Ph.D., Independent Director

Materion Corporation's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Acadian Asset Management LLC (0.47%), Bank of Montreal Can (0.26%), Russell Investments Group Ltd. (0.18%), Nisa Investment Advisors LLC (0.12%), Strs Ohio (0.10%) and Aperio Group LLC (0.08%). Company insiders that own Materion Corporation stock include Craig S Shular and Richard J Hipple. View Institutional Ownership Trends for Materion Corporation.

Materion Corporation's stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Russell Investments Group Ltd., Strs Ohio and Capstone Asset Management Co.. Company insiders that have sold Materion Corporation stock in the last year include Craig S Shular and Richard J Hipple. View Insider Buying and Selling for Materion Corporation.

Materion Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, State of Alaska Department of Revenue, Aperio Group LLC, Eqis Capital Management Inc., First Midwest Bank Trust Division and Nisa Investment Advisors LLC. View Insider Buying and Selling for Materion Corporation.

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.

One share of Materion Corporation stock can currently be purchased for approximately $37.90.