Materion Corporation manufactures and sells advanced engineered materials used in consumer electronics, industrial components, defense, medical, automotive electronics, telecommunications infrastructure, energy, commercial aerospace, science, services, and appliance markets worldwide. The company operates through Performance Alloys and Composites, Advanced Materials, and Precision Coatings segments. The Performance Alloys and Composites segment provides copper and nickel manufactured in plate, rod, bar, tube, wire product forms, and other customized shapes; thick precision strip products; beryllium hydroxide; and beryllium products, such as beryllium and aluminum metal matrix composites, beryllia ceramics, and bulk metallic glass materials. This segment also produces strip metal products with clad inlay and overlay metals consisting of precious and base metals electroplated systems, electron beam welded systems, contour profiled systems, and solder-coated metal systems. The Advanced Materials segment provides 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-fine wire. Its products are used in the consumer electronics, industrial components, and telecommunications infrastructure end markets. The Precision Coatings segment produces sputter-coated precision thin film coatings and optical filter materials. Materion Corporation distributes its products through a combination of company-owned facilities, and independent distributors and agents. The company was formerly known as Brush Engineered Materials Inc. and changed its name to Materion Corporation in 2011. Materion Corporation was founded in 1931 and is headquartered in Mayfield Heights, Ohio.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Metal forgings & stampings
Sub-IndustryDiversified Metals & Mining
SectorBasic Materials
SymbolNYSE:MTRN
CUSIP57669010
Phone216-486-4200
Debt
Debt-to-Equity Ratio0.01
Current Ratio3.48
Quick Ratio1.58
Price-To-Earnings
Trailing P/E Ratio28.76
Forward P/E Ratio26.57
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.14 billion
Price / Sales0.99
Cash Flow$3.9351 per share
Price / Cash14.18
Book Value$24.69 per share
Price / Book2.26
Profitability
EPS (Most Recent Fiscal Year)$1.72
Net Income$11.45 million
Net Margins1.58%
Return on Equity7.83%
Return on Assets5.03%
Miscellaneous
Employees2,700
Outstanding Shares20,190,000
Market Cap$1,126.66
Materion (NYSE:MTRN) Frequently Asked Questions
What is Materion's stock symbol?
Materion trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTRN."
How often does Materion pay dividends? What is the dividend yield for Materion?
Materion announced a quarterly dividend on Thursday, May 3rd. Investors of record on Wednesday, May 16th will be paid a dividend of $0.105 per share on Friday, June 1st. This represents a $0.42 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date of this dividend is Tuesday, May 15th. This is a positive change from Materion's previous quarterly dividend of $0.10. View Materion's Dividend History.
How were Materion's earnings last quarter?
Materion Corp (NYSE:MTRN) issued its earnings results on Thursday, April, 26th. The basic materials company reported $0.51 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.44 by $0.07. The basic materials company earned $303.50 million during the quarter, compared to the consensus estimate of $300.73 million. Materion had a return on equity of 7.83% and a net margin of 1.58%. The company's revenue for the quarter was up 26.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.29 earnings per share. View Materion's Earnings History.
When is Materion's next earnings date?
What guidance has Materion issued on next quarter's earnings?
Materion issued an update on its FY18 earnings guidance on Thursday, April, 26th. The company provided earnings per share guidance of $1.95-2.10 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.07.
What price target have analysts set for MTRN?
2 analysts have issued 1-year price targets for Materion's stock. Their predictions range from $48.00 to $48.00. On average, they anticipate Materion's share price to reach $48.00 in the next year. This suggests that the stock has a possible downside of 14.0%. View Analyst Ratings for Materion.
What is the consensus analysts' recommendation for Materion?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Materion in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold."
Who are some of Materion's key competitors?
Some companies that are related to Materion include ARC Resources (ARX), Cameco (CCJ), Valvoline (VVV), John Wood Group (WG), AltaGas (ALA), Whitehaven Coal (WHC), Kirkland Lake Gold (KL), Versum Materials (VSM), KAZ Minerals (KAZ), Fletcher Building (FBU), HITACHI Chem Co/ADR (HCHMY), Cabot (CBT), Worleyparsons (WOR), Northern Star Resources (NST) and Lundin Mining (LUNMF).
Who are Materion's key executives?
Materion's management team includes the folowing people:
- Mr. Jugal K. Vijayvargiya, Chief Exec. Officer, Pres and Director (Age 50)
- Mr. Joseph P. Kelley, Chief Financial Officer and VP of Fin. (Age 45)
- Mr. Gregory R. Chemnitz, VP, Gen. Counsel and Sec. (Age 60)
- Mr. Marc Rands, VP of Global Operations
- Dr. Ian Tribick Ph.D., Chief Technology & Marketing Officer
Has Materion been receiving favorable news coverage?
News stories about MTRN stock have trended somewhat negative this week, Accern Sentiment Analysis reports. The research group identifies negative and positive press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Materion earned a coverage optimism score of -0.02 on Accern's scale. They also assigned news articles about the basic materials company an impact score of 46.43 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near future.
Who are Materion's major shareholders?
Materion's stock is owned by a number of of retail and institutional investors. Top institutional investors include GAMCO INVESTORS, INC. ET AL (5.65%), James Investment Research Inc. (0.18%), Capital One National Association (0.06%) and Municipal Employees Retirement System of Michigan (0.03%). Company insiders that own Materion stock include Craig S Shular, Gregory R Chemnitz, Joseph P Keithley, Joseph P Kelley, N Mohan Reddy and Richard J Hipple. View Institutional Ownership Trends for Materion.
Which institutional investors are selling Materion stock?
MTRN stock was sold by a variety of institutional investors in the last quarter, including Municipal Employees Retirement System of Michigan and Capital One National Association. Company insiders that have sold Materion company stock in the last year include Craig S Shular, Gregory R Chemnitz, Joseph P Keithley, Joseph P Kelley, N Mohan Reddy and Richard J Hipple. View Insider Buying and Selling for Materion.
Which institutional investors are buying Materion stock?
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Materion's stock price today?
One share of MTRN stock can currently be purchased for approximately $55.80.
How big of a company is Materion?
Materion has a market capitalization of $1.13 billion and generates $1.14 billion in revenue each year. The basic materials company earns $11.45 million in net income (profit) each year or $1.72 on an earnings per share basis. Materion employs 2,700 workers across the globe.
How can I contact Materion?
Materion's mailing address is 6070 PARKLAND BOULEVARD, MAYFIELD HEIGHTS OH, 44124. The basic materials company can be reached via phone at 216-486-4200 or via email at [email protected]
MarketBeat Community Rating for Materion (NYSE MTRN)
MarketBeat's community ratings are surveys of what our community members think about Materion and other stocks. Vote "Outperform" if you believe MTRN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MTRN will underperform the S&P 500 over the long term. You may vote once every thirty days.
