NYSE:MTRNMaterion Stock Price, Forecast & News

Materion's stock was trading at $39.11 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MTRN stock has increased by 50.5% and is now trading at $58.86.
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2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Materion in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Materion.

Materion is scheduled to release its next quarterly earnings announcement on Thursday, October 22nd 2020.
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Materion Corp (NYSE:MTRN) announced its quarterly earnings data on Thursday, July, 23rd. The basic materials company reported $0.49 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.42 by $0.07. The basic materials company had revenue of $271.50 million for the quarter, compared to analysts' expectations of $282.55 million. Materion had a net margin of 1.92% and a return on equity of 8.25%. The business's revenue was down 8.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.88 EPS.
View Materion's earnings history.

Materion declared a quarterly dividend on Tuesday, August 4th. Stockholders of record on Tuesday, August 18th will be given a dividend of $0.115 per share on Friday, September 4th. This represents a $0.46 dividend on an annualized basis and a yield of 0.78%. The ex-dividend date of this dividend is Monday, August 17th.
View Materion's dividend history.

2 analysts have issued twelve-month price targets for Materion's stock. Their forecasts range from $66.00 to $70.00. On average, they anticipate Materion's share price to reach $68.00 in the next twelve months. This suggests a possible upside of 15.5% from the stock's current price.
View analysts' price targets for Materion.

Press coverage about MTRN stock has trended somewhat positive recently, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Materion earned a coverage optimism score of 1.3 on InfoTrie's scale. They also gave news headlines about the basic materials company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future.
View the latest news about Materion.

Materion saw a drop in short interest in July. As of July 31st, there was short interest totaling 340,700 shares, a drop of 11.0% from the July 15th total of 382,800 shares. Based on an average trading volume of 128,700 shares, the days-to-cover ratio is currently 2.6 days. Currently, 1.7% of the shares of the company are short sold.
View Materion's Short Interest.

Some companies that are related to Materion include Southern Copper (SCCO), Freeport-McMoRan (FCX), Compass Minerals International (CMP), U.S. Silica (SLCA), SunCoke Energy (SXC), Ferroglobe (GSM), General Moly (GMO), United States Antimony (UAMY) and Revett Mining Company, Inc. (DE) (RVM).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Materion investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Agrium (AGU), Accenture (ACN), NIC (EGOV), Starbucks (SBUX), AbbVie (ABBV) and Micron Technology (MU).

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 shareholders include Granite Investment Partners LLC (1.55%), Fisher Asset Management LLC (0.86%), Principal Financial Group Inc. (0.75%), Ziegler Capital Management LLC (0.50%), New York State Common Retirement Fund (0.40%) and New York State Teachers Retirement System (0.30%). Company insiders that own Materion stock include Craig S Shular, Gregory R Chemnitz and Vinod M Khilnani.
View institutional ownership trends for Materion.

MTRN stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Dupont Capital Management Corp, UBS Group AG, Fisher Asset Management LLC, SG Americas Securities LLC, Principal Financial Group Inc., TBH Global Asset Management LLC, and State Board of Administration of Florida Retirement System. Company insiders that have sold Materion company stock in the last year include Craig S Shular, and Vinod M Khilnani.
View insider buying and selling activity for Materion.

MTRN stock was acquired by a variety of institutional investors in the last quarter, including Granite Investment Partners LLC, Ziegler Capital Management LLC, Mackay Shields LLC, First Trust Advisors LP, New York State Common Retirement Fund, Cookson Peirce & Co. Inc., Diversified Trust Co, and Swiss National Bank.
View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of MTRN stock can currently be purchased for approximately $58.86.

Materion has a market capitalization of $1.20 billion and generates $1.19 billion in revenue each year. The basic materials company earns $50.66 million in net income (profit) each year or $3.19 on an earnings per share basis. Materion employs 2,600 workers across the globe.

The official website for Materion is www.materion.com.

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]