Materion - MTRN Stock Forecast, Price & News

3 Wall Street 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 research analysts is that investors should "buy" MTRN shares.
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3 brokerages have issued 12 month target prices for Materion's shares. Their MTRN share price forecasts range from $95.00 to $120.00. On average, they expect the company's share price to reach $105.00 in the next year. This suggests a possible upside of 39.4% from the stock's current price.
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Materion's stock was trading at $91.94 at the beginning of 2022. Since then, MTRN stock has decreased by 18.1% and is now trading at $75.30.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our MTRN earnings forecast.

Materion Co. (NYSE:MTRN) announced its quarterly earnings results on Wednesday, August, 3rd. The basic materials company reported $1.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 business's quarterly revenue was up 20.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.86 earnings per share.

Materion declared a quarterly dividend on Thursday, August 11th. Stockholders of record on Wednesday, August 24th will be given a dividend of $0.125 per share on Thursday, September 8th. This represents a $0.50 annualized dividend and a dividend yield of 0.66%. The ex-dividend date of this dividend is Tuesday, August 23rd.
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 0.65%. 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 13.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MTRN will have a dividend payout ratio of 7.84% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MTRN.

Materion updated its FY 2022 earnings guidance on Wednesday, August, 10th. The company provided earnings per share guidance of $5.50-$5.90 for the period, compared to the consensus EPS estimate of $5.10. 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 a variety of institutional and retail investors. Top institutional investors include State Street Corp (4.46%), abrdn plc (3.58%), William Blair Investment Management LLC (2.52%), Northern Trust Corp (2.11%), Copeland Capital Management LLC (2.05%) and Amundi (1.78%). 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 $75.30.

Materion (NYSE:MTRN) has a market capitalization of $1.54 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.

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.