About Materion (NYSE:MTRN)
Materion 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
Industry Metal forgings & stampings
Sub-IndustryDiversified Metals & Mining
SectorBasic Materials
SymbolNYSE:MTRN
CUSIP57669010
Phone216-486-4200
Debt
Debt-to-Equity Ratio0.01%
Current Ratio3.23%
Quick Ratio1.50%
Price-To-Earnings
Trailing P/E Ratio31.74
Forward P/E Ratio26.20
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.14 billion
Price / Sales0.96
Cash Flow$3.9265 per share
Price / Cash13.88
Book Value$24.69 per share
Price / Book2.21
Profitability
EPS (Most Recent Fiscal Year)$1.72
Net Income$11.45 million
Net Margins1.00%
Return on Equity6.95%
Return on Assets4.45%
Miscellaneous
Employees2,700
Outstanding Shares20,120,000
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 declared a quarterly dividend on Friday, February 9th. Shareholders of record on Wednesday, February 21st will be paid a dividend of $0.10 per share on Wednesday, March 7th. This represents a $0.40 annualized dividend and a dividend yield of 0.73%. The ex-dividend date is Tuesday, February 20th. View Materion's Dividend History.
How were Materion's earnings last quarter?
Materion Corp (NYSE:MTRN) posted its earnings results on Thursday, February, 15th. The basic materials company reported $0.51 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.38 by $0.13. The basic materials company had revenue of $308.67 million for the quarter, compared to the consensus estimate of $285.50 million. Materion had a net margin of 1.00% and a return on equity of 6.95%. The company's revenue was up 31.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.28 EPS. 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, February, 15th. The company provided earnings per share (EPS) guidance of $1.95-2.10 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.98.
What price target have analysts set for MTRN?
2 analysts have issued 1 year price objectives for Materion's shares. Their forecasts range from $48.00 to $48.00. On average, they anticipate Materion's share price to reach $48.00 in the next year. View Analyst Ratings for Materion.
Who are some of Materion's key competitors?
Some companies that are related to Materion include Cleveland-Cliffs (CLF), Detour Gold (DGC), Paramount Resources (POU), Quaker Chemical (KWR), Ferro (FOE), Venator Materials (VNTR), Arch Coal (ARCH), Ivanhoe Mines (IVPAF), Stepan (SCL), Nexa Resources (NEXA), PQ Group (PQG), Hudbay Minerals (HBM), Ferroglobe (GSM), Endeavour Mining (EDVMF), Ferrexpo (FXPO), Innospec (IOSP), Russel Metals (RUS) and Superior Plus (SPB).
Who are Materion's key executives?
Materion's management team includes the folowing people:
- Jugal K. Vijayvargiya, President, Chief Executive Officer, Director (Age 48)
- Joseph P. Kelley, Chief Financial Officer, Vice President - Finance (Age 44)
- Ian Tribick Ph.D., Chief Technology and Marketing Officer
- Gregory R. Chemnitz, Vice President, General Counsel and Secretary (Age 59)
- Stephen Shamrock, Vice President, Corporate Controller and Investor Relations
- Christopher E. Eberhardt, Vice President - Tax, Treasury
- Marc Rands, Vice President - Global Operations
- Neil Sater, Vice President - Commercial Excellence
- Vinod M. Khilnani, Non-Executive Chairman of the Board (Age 65)
- Joseph P. Keithley, Independent Director (Age 69)
Has Materion been receiving favorable news coverage?
Press coverage about MTRN stock has been trending somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Materion earned a coverage optimism score of 0.20 on Accern's scale. They also gave news headlines about the basic materials company an impact score of 46.82 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.
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 $54.50.
How big of a company is Materion?
Materion has a market capitalization of $1.10 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 (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.
Materion (NYSE:MTRN) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
2 Wall Street analysts have issued ratings and price targets for Materion in the last 12 months. Their average twelve-month price target is $48.00, suggesting that the stock has a possible downside of 11.93%. The high price target for MTRN is $48.00 and the low price target for MTRN is $48.00. There are currently 2 hold ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 2.00 | 2.00 | 2.00 | 2.00 |
| Ratings Breakdown: | 0 Sell Rating(s)
2 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $48.00 | $48.00 | $46.00 | $35.50 |
| Price Target Upside: | 11.93% downside | 7.51% downside | 9.36% downside | 17.44% downside |
Materion (NYSE:MTRN) Consensus Price Target History
Materion (NYSE:MTRN) Analyst Ratings History
Show:
| Date | Brokerage | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 2/15/2018 | Jefferies Group | Set Price Target | Hold | $48.00 | High |  |
| 11/13/2017 | KeyCorp | Reiterated Rating | Hold | | N/A | |
| 11/3/2016 | Wm Smith | Initiated Coverage | Not Rated | $35.00 | N/A | |
(Data available from 4/20/2016 forward)
Materion (NYSE:MTRN) Dividend Information
Materion pays an annual dividend of $0.40 per share, with a dividend yield of 0.73%. MTRN's most recent quarterly dividend payment was Wednesday, March 7. The company has grown its dividend for the last 5 consecutive years and is increasing its dividend by an average of 5.60% each year. Materion pays out 23.26% of its earnings out as a dividend.
| Most Recent Dividend: | 3/7/2018 |
| Annual Dividend: | $0.40 |
| Dividend Yield: | 0.73% |
| Dividend Growth: | 5.60% (3 Year Average) |
| Payout Ratio: | 23.26% (Trailing 12 Months of Earnings)
19.23% (Based on This Year's Estimates)
16.67% (Based on Next Year's Estimates)
|
| Track Record: | 5 Years of Consecutive Dividend Growth |
| Frequency: | Quarterly Dividend |
Materion (NYSE:MTRN) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 2/9/2018 | quarterly | $0.10 | 0.87% | 2/20/2018 | 2/21/2018 | 3/7/2018 |
| 10/27/2017 | quarterly | $0.10 | 0.8% | 11/7/2017 | 11/8/2017 | 12/1/2017 |
| 8/2/2017 | Quarterly | $0.10 | 1.04% | 8/16/2017 | 8/18/2017 | 9/5/2017 |
| 5/3/2017 | Quarterly | $0.10 | 1.18% | 5/15/2017 | 5/17/2017 | 6/2/2017 |
| 2/1/2017 | Quarterly | $0.0950 | 0.97% | 2/13/2017 | 2/15/2017 | 3/3/2017 |
| 10/27/2016 | quarterly | $0.0950 | 1.25% | 11/8/2016 | 11/10/2016 | 11/24/2016 |
| 8/4/2016 | quarterly | $0.0950 | 1.42% | 8/17/2016 | 8/19/2016 | 9/2/2016 |
| 5/5/2016 | quarterly | $0.0950 | 1.47% | 5/16/2016 | 5/18/2016 | 6/1/2016 |
| 2/4/2016 | quarterly | $0.09 | 1.48% | 2/11/2016 | 2/16/2016 | 3/2/2016 |
| 10/29/2015 | Quarterly | $0.09 | | 11/5/2015 | 11/9/2015 | 11/27/2015 |
| 8/5/2015 | quarterly | $0.09 | 1.15% | 8/14/2015 | 8/18/2015 | 9/1/2015 |
| 5/7/2015 | quarterly | $0.09 | 0.95% | 5/19/2015 | 5/21/2015 | 6/4/2015 |
| 2/5/2015 | quarterly | $0.0850 | 0.92% | 2/17/2015 | 2/19/2015 | 3/3/2015 |
| 10/24/2014 | quarterly | $0.0850 | 0.94% | 11/4/2014 | 11/6/2014 | 11/20/2014 |
| 7/22/2014 | quarterly | $0.0850 | 0.93% | 8/4/2014 | 8/6/2014 | 8/20/2014 |
| 5/7/2014 | quarterly | $0.0850 | 1.02% | 5/19/2014 | 5/21/2014 | 6/4/2014 |
| 2/5/2014 | quarterly | $0.08 | 1.25% | 2/18/2014 | 2/20/2014 | 3/6/2014 |
| 10/25/2013 | quarterly | $0.08 | 1.09% | 11/13/2013 | 11/15/2013 | 12/3/2013 |
| 7/24/2013 | quarterly | $0.08 | 1.06% | 8/14/2013 | 8/16/2013 | 9/4/2013 |
| 5/1/2013 | quarterly | $0.08 | 1.28% | 5/15/2013 | 5/17/2013 | 6/4/2013 |
| 2/6/2013 | quarterly | $0.0750 | 1.08% | 2/15/2013 | 2/20/2013 | 3/6/2013 |
(Data available from 1/1/2013 forward)
Materion (NYSE MTRN) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 2.90%
Institutional Ownership Percentage: 92.15%
Materion (NYSE MTRN) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 2/23/2018 | Joseph P Kelley | VP | Sell | 2,419 | $51.43 | $124,409.17 | | |
| 2/20/2018 | Joseph P Keithley | Director | Sell | 8,000 | $50.60 | $404,800.00 | 11,757 | |
| 1/16/2018 | Craig S Shular | Director | Sell | 5,267 | $52.73 | $277,728.91 | | |
| 11/22/2017 | Richard J Hipple | Director | Sell | 4,364 | $49.64 | $216,628.96 | 37,760 | |
| 11/16/2017 | Richard J Hipple | Director | Sell | 8,000 | $49.76 | $398,080.00 | 43,224 | |
| 11/14/2017 | Richard J Hipple | Director | Sell | 9,713 | $50.02 | $485,844.26 | 52,591 | |
| 11/8/2017 | Richard J Hipple | Director | Sell | 8,000 | $50.00 | $400,000.00 | 57,091 | |
| 11/2/2017 | Gregory R Chemnitz | VP | Sell | 4,000 | $50.16 | $200,640.00 | 13,245 | |
| 11/2/2017 | N Mohan Reddy | Director | Sell | 11,393 | $50.11 | $570,903.23 | | |
| 10/30/2017 | Gregory R Chemnitz | VP | Sell | 3,000 | $49.60 | $148,800.00 | 13,061 | |
| 7/31/2017 | Gregory R Chemnitz | VP | Sell | 3,000 | $38.29 | $114,870.00 | 18,052 | |
| 6/28/2017 | Richard J Hipple | Insider | Sell | 2,500 | $37.38 | $93,450.00 | 57,091 | |
| 6/27/2017 | Richard J Hipple | Insider | Sell | 5,000 | $37.05 | $185,250.00 | 62,091 | |
| 6/23/2017 | Richard J Hipple | Insider | Sell | 5,000 | $37.22 | $186,100.00 | 67,091 | |
| 6/21/2017 | Richard J Hipple | Insider | Sell | 2,500 | $37.16 | $92,900.00 | 69,591 | |
| 6/20/2017 | Richard J Hipple | Insider | Sell | 5,000 | $36.80 | $184,000.00 | 74,591 | |
| 6/16/2017 | Richard J Hipple | Insider | Sell | 2,500 | $36.17 | $90,425.00 | 77,091 | |
| 6/15/2017 | Richard J Hipple | Insider | Sell | 2,500 | $36.04 | $90,100.00 | 79,591 | |
| 6/14/2017 | Richard J Hipple | Insider | Sell | 2,500 | $36.19 | $90,475.00 | 82,091 | |
| 6/13/2017 | Richard J Hipple | Insider | Sell | 2,500 | $36.26 | $90,650.00 | 84,591 | |
| 6/12/2017 | Richard J Hipple | Insider | Sell | 2,500 | $37.39 | $93,475.00 | 87,091 | |
| 6/9/2017 | Richard J Hipple | Insider | Sell | 2,500 | $36.37 | $90,925.00 | 89,591 | |
| 6/8/2017 | Richard J Hipple | Insider | Sell | 5,000 | $35.22 | $176,100.00 | 94,591 | |
| 6/6/2017 | Richard J Hipple | Insider | Sell | 5,000 | $34.68 | $173,400.00 | 99,591 | |
| 6/2/2017 | Richard J Hipple | Insider | Sell | 2,500 | $34.64 | $86,600.00 | 102,091 | |
| 6/1/2017 | Richard J Hipple | Insider | Sell | 2,500 | $34.11 | $85,275.00 | 104,591 | |
| 5/31/2017 | Richard J Hipple | Insider | Sell | 5,000 | $33.95 | $169,750.00 | 109,591 | |
| 5/30/2017 | Richard J Hipple | Chairman | Sell | 2,500 | $34.33 | $85,825.00 | 109,591 | |
| 5/26/2017 | Richard J Hipple | Insider | Sell | 5,000 | $34.17 | $170,850.00 | 114,591 | |
| 5/24/2017 | Richard J Hipple | Insider | Sell | 2,500 | $34.53 | $86,325.00 | 117,091 | |
| 5/23/2017 | Richard J Hipple | Insider | Sell | 5,000 | $34.47 | $172,350.00 | 122,091 | |
| 5/19/2017 | Richard J Hipple | Insider | Sell | 2,500 | $34.17 | $85,425.00 | 124,591 | |
| 3/31/2017 | Richard J Hipple | Insider | Sell | 230 | $32.58 | $7,493.40 | 118,372 | |
| 3/30/2017 | Richard J Hipple | Insider | Sell | 12,000 | $32.11 | $385,320.00 | 121,602 | |
| 3/24/2017 | Richard J Hipple | Insider | Sell | 3,000 | $32.37 | $97,110.00 | 130,602 | |
| 3/23/2017 | Richard J Hipple | Insider | Sell | 6,000 | $32.59 | $195,540.00 | 136,602 | |
| 3/20/2017 | Richard J Hipple | Insider | Sell | 6,000 | $33.16 | $198,960.00 | 142,602 | |
| 3/17/2017 | Richard J Hipple | Insider | Sell | 6,000 | $33.64 | $201,840.00 | 148,602 | |
| 1/17/2017 | Craig S Shular | Director | Sell | 5,744 | $38.94 | $223,671.36 | 2,941 | |
| 11/10/2014 | John D Grampa | CFO | Sell | 3,735 | $38.58 | $144,096.30 | | |
| 5/12/2014 | John Grampa | CFO | Sell | 2,830 | $34.51 | $97,663.30 | 28,565 | |
| 5/12/2014 | William Lawrence | Director | Sell | 1,379 | $34.54 | $47,630.66 | 8,907 | |
| 5/9/2014 | John Grampa | CFO | Sell | 12,170 | $33.03 | $401,975.10 | 28,564 | |
| 5/9/2013 | John D Grampa | CFO | Sell | 15,000 | $28.63 | $429,450.00 | | |
(Data available from 1/1/2013 forward)
Materion (NYSE MTRN) News Headlines
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Materion (NYSE:MTRN) SEC Filings
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Materion (NYSE:MTRN) Income Statement, Balance Sheet and Cash Flow Statement
Materion (NYSE MTRN) Stock Chart for Friday, April, 20, 2018
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