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 Nonferrous Metal Processing
Sub-IndustryDiversified Metals & Mining
Trailing P/E Ratio41.3076923076923
Forward P/E Ratio33.56
Sales & Book Value
Annual Sales$969.24 million
Price / Sales1.11
Cash Flow$3.68 per share
Price / Cash14.60
Book Value$24.78 per share
Price / Book2.17
Net Income$25.74 million
Return on Equity6.08%
Return on Assets3.96%
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 Friday, October 27th. Stockholders of record on Wednesday, November 8th will be paid a dividend of $0.10 per share on Friday, December 1st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.74%. The ex-dividend date is Tuesday, November 7th. View Materion's Dividend History.
How were Materion's earnings last quarter?
Materion Corp (NYSE:MTRN) released its earnings results on Thursday, October, 26th. The basic materials company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.10. The basic materials company earned $294.27 million during the quarter, compared to analyst estimates of $290.96 million. Materion had a return on equity of 6.08% and a net margin of 2.48%. Materion's revenue for the quarter was up 17.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.46 EPS. View Materion's Earnings History.
When will Materion make its next earnings announcement?
What guidance has Materion issued on next quarter's earnings?
Materion issued an update on its FY17 earnings guidance on Thursday, October, 26th. The company provided earnings per share guidance of $1.55-1.60 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.52.
Where is Materion's stock going? Where will Materion's stock price be in 2018?
2 equities research analysts have issued twelve-month price objectives for Materion's stock. Their predictions range from $46.00 to $46.00. On average, they anticipate Materion's stock price to reach $46.00 in the next twelve months. View Analyst Ratings for Materion.
What are Wall Street analysts saying about Materion stock?
Here are some recent quotes from research analysts about Materion 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. " (1/12/2018)
- 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)
Who are some of Materion's key competitors?
Some companies that are related to Materion include Regis Resources (RRL), OceanaGold (OGC), Quaker Chemical (KWR), OceanaGold (OGC), AK Steel (AKS), Valhi (VHI), Arch Coal, Inc. Class A (ARCH), Impala Platinum (IMPUY), Ferro (FOE), Peyto Exploration & Development (PEY), Pretium Resources (PVG), Shawcor (SCL), Century Aluminum (CENX), Kaiser Aluminum (KALU), Raging River Exploration (RRX), Bodycote (BOY), Russel Metals (RUS) and Boralex (BLX).
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
- Vinod M. Khilnani, Non-Executive Chairman of the Board (Age 65)
- Joseph P. Keithley, Independent Director (Age 68)
- William B. Lawrence, Independent Director (Age 66)
Who owns Materion stock?
Materion's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Acadian Asset Management LLC (1.57%), Schwab Charles Investment Management Inc. (1.03%) and Bank of Montreal Can (0.03%). Company insiders that own Materion stock include Craig S Shular, Gregory R Chemnitz, N Mohan Reddy and Richard J Hipple. View Institutional Ownership Trends for Materion.
Who sold Materion stock? Who is selling Materion stock?
Materion's stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can. Company insiders that have sold Materion company stock in the last year include Craig S Shular, Gregory R Chemnitz, N Mohan Reddy and Richard J Hipple. View Insider Buying and Selling for Materion.
Who bought Materion stock? Who is buying Materion stock?
Materion's stock was acquired by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC and Schwab Charles Investment Management Inc.. View Insider Buying and Selling for Materion.
How do I buy Materion stock?
Shares of Materion 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 Materion stock can currently be purchased for approximately $53.70.
How big of a company is Materion?
Materion has a market capitalization of $1.08 billion and generates $969.24 million in revenue each year. The basic materials company earns $25.74 million in net income (profit) each year or $1.30 on an earnings per share basis. Materion employs 2,550 workers across the globe.
How can I contact Materion?
Materion's mailing address is 6070 Parkland Blvd, MAYFIELD HEIGHTS, OH 44124-4191, United States. The basic materials company can be reached via phone at +1-216-3834931 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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Materion (NYSE:MTRN) Earnings History and Estimates Chart
Materion (NYSE MTRN) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/16/2018|| || || || || || || || |
|10/26/2017||Q3 2017||$0.40||$0.50||$290.96 million||$294.27 million||View||N/A|
|7/27/2017||Q2 2017||$0.40||$0.42||$254.28 million||$295.80 million||View||N/A|
|4/28/2017||Q1 2017||$0.28||$0.29||$231.58 million||$240.67 million||View||N/A|
|2/17/2017||Q416||$0.33||$0.28||$236.22 million||$234.30 million||View||N/A|
|10/27/2016||Q316||$0.35||$0.46||$252.86 million||$249.60 million||View||Listen|
|7/28/2016||Q216||$0.29||$0.31||$235.29 million||$249.80 million||View||Listen|
|4/29/2016||Q116||$0.24||$0.27||$218.82 million||$235.51 million||View||Listen|
|2/18/2016||Q415||$0.33||$0.36||$244.08 million||$214.00 million||View||Listen|
|10/29/2015||Q3||$0.40||$0.40||$279.00 million||$244.50 million||View||Listen|
|7/30/2015||Q215||$0.42||$0.43||$295.92 million||$276.86 million||View||Listen|
|4/30/2015||Q115||$0.36||$0.41||$268.45 million||$290.00 million||View||N/A|
|2/19/2015||Q414||$0.44||$0.50||$164.20 million||$288.40 million||View||N/A|
|10/23/2014||Q314||$0.43||$0.51||$295.33 million||$291.60 million||View||Listen|
|7/24/2014||Q214||$0.46||$0.47||$172.48 million||$287.97 million||View||N/A|
|4/24/2014||Q114||$0.24||$0.29||$276.50 million||$258.90 million||View||N/A|
|2/26/2014||Q413||$0.23||$0.34||$273.91 million||$286.14 million||View||N/A|
|10/24/2013||Q313||$0.20||$0.20||$297.70 million||$275.40 million||View||N/A|
|7/26/2013||Q2 2013||$0.41||$0.43||$323.65 million||$306.10 million||View||N/A|
|4/25/2013||Q1 2013||$0.35||$0.33||$314.79 million||$299.17 million||View||N/A|
|2/28/2013||Q4 2012||$0.27||$0.41||$288.55 million||$303.80 million||View||N/A|
Materion (NYSE:MTRN) Earnings Estimates
Current Year EPS Consensus Estimate: $1.6 EPS
Next Year EPS Consensus Estimate: $2 EPS
Materion (NYSE:MTRN) Dividend Information
|Most Recent Dividend:||12/1/2017|
|Dividend Growth:||5.60% (3 Year Average)|
|Payout Ratio:||30.77% (Trailing 12 Months of Earnings) |
25.00% (Based on This Year's Estimates)
20.00% (Based on Next Year's Estimates)
|Track Record:||5 Years of Consecutive Dividend Growth|
Materion (NYSE:MTRN) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Materion (NYSE MTRN) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 2.90%
Institutional Ownership Percentage: 89.99%
Materion (NYSE MTRN) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|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|| |
Materion (NYSE MTRN) News Headlines
|Materion Corp (MTRN) Director Sells $277,728.91 in Stock|
www.americanbankingnews.com - January 18 at 7:34 PM
|Materion Corporation Announces Appointment of Marc Rands as Vice President, Global Operations|
finance.yahoo.com - January 18 at 10:59 AM
| Materion Corp (MTRN) Given Average Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - January 17 at 1:48 AM
|Materion (MTRN) Stock Rating Lowered by Zacks Investment Research|
www.americanbankingnews.com - January 14 at 5:46 PM
|FY2018 EPS Estimates for Materion Corp (MTRN) Reduced by Jefferies Group|
www.americanbankingnews.com - January 11 at 3:56 PM
|Research Analysts Offer Predictions for Materion Corp's FY2019 Earnings (MTRN)|
www.americanbankingnews.com - January 10 at 10:50 PM
|Materion (MTRN) Given Hold Rating at Jefferies Group|
www.americanbankingnews.com - January 10 at 12:44 AM
|Materion Corp (MTRN) Expected to Announce Quarterly Sales of $288.17 Million|
www.americanbankingnews.com - January 8 at 1:02 PM
| Brokerages Anticipate Materion Corp (MTRN) to Post $0.38 EPS|
www.americanbankingnews.com - January 6 at 3:36 PM
|Materion’s Aluminum Beryllium AlBeMet® Selected for MS-177 Sensor|
finance.yahoo.com - January 4 at 4:52 PM
|Materion (MTRN) Lifted to "Strong-Buy" at Zacks Investment Research|
www.americanbankingnews.com - December 29 at 12:32 AM
|Materion Corp. is trading above its 50 day moving average : MTRN-US : December 28, 2017|
finance.yahoo.com - December 28 at 1:50 PM
|$0.38 Earnings Per Share Expected for Materion Corp (MTRN) This Quarter|
www.americanbankingnews.com - December 21 at 8:08 AM
|Zacks: Analysts Set $44.00 Target Price for Materion Corp (MTRN)|
www.americanbankingnews.com - December 18 at 12:20 PM
|Zacks: Materion Corp (MTRN) Given Average Rating of "Hold" by Analysts|
www.americanbankingnews.com - December 14 at 1:18 AM
|Materion Corp. breached its 50 day moving average in a Bearish Manner : MTRN-US : December 11, 2017|
finance.yahoo.com - December 11 at 10:45 AM
|ETFs with exposure to Materion Corp. : December 7, 2017|
finance.yahoo.com - December 7 at 5:11 PM
|Materion Corp (MTRN) Expected to Post Quarterly Sales of $288.17 Million|
www.americanbankingnews.com - December 5 at 9:52 AM
|Zacks: Brokerages Expect Materion Corp (MTRN) Will Post Earnings of $0.38 Per Share|
www.americanbankingnews.com - December 3 at 9:26 AM
|Materion (MTRN) Rating Lowered to Hold at ValuEngine|
www.americanbankingnews.com - December 3 at 6:30 AM
| Materion Corporation (MTRN) Given Average Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - November 28 at 5:36 AM
|Materion Corporation (MTRN) Director Sells $216,628.96 in Stock|
www.americanbankingnews.com - November 27 at 4:38 PM
|Materion Corporation (MTRN) Stock Rating Reaffirmed by KeyCorp|
www.americanbankingnews.com - November 25 at 5:28 PM
| Materion Corporation (MTRN) Given $44.00 Consensus Price Target by Brokerages|
www.americanbankingnews.com - November 24 at 7:27 PM
|Materion Corporation (MTRN) Director Sells $398,080.00 in Stock|
www.americanbankingnews.com - November 16 at 8:37 PM
|Materion Corporation (MTRN) Director Sells $485,844.26 in Stock|
www.americanbankingnews.com - November 16 at 4:24 PM
|$288.17 Million in Sales Expected for Materion Corporation (MTRN) This Quarter|
www.americanbankingnews.com - November 16 at 1:54 AM
| Analysts Expect Materion Corporation (MTRN) Will Announce Earnings of $0.39 Per Share|
www.americanbankingnews.com - November 14 at 11:20 PM
|Materion Corp. : MTRN-US: Dividend Analysis : November 08th, 2017 (record date) : By the numbers : November 13, 2017|
finance.yahoo.com - November 14 at 3:15 AM
|ETFs with exposure to Materion Corp. : November 9, 2017|
finance.yahoo.com - November 12 at 8:57 AM
|Zacks: Materion Corporation (MTRN) Given Average Recommendation of "Hold" by Analysts|
www.americanbankingnews.com - November 9 at 9:50 AM
|Materion Corp. :MTRN-US: Earnings Analysis: Q3, 2017 By the Numbers : November 8, 2017|
finance.yahoo.com - November 9 at 6:23 AM
|Materion Corporation (MTRN) versus Allegheny Technologies (ATI) Head-To-Head Survey|
www.americanbankingnews.com - November 9 at 3:10 AM
|Materion Corporation (MTRN) Director Sells $400,000.00 in Stock|
www.americanbankingnews.com - November 8 at 7:15 PM
| Materion Corporation (MTRN) Receives Average Recommendation of "Hold" from Brokerages|
www.americanbankingnews.com - November 5 at 5:26 AM
|Is It Time To Buy Materion Corporation (MTRN)?|
finance.yahoo.com - November 4 at 6:26 AM
|Insider Selling: Materion Corp (MTRN) VP Sells 4,000 Shares of Stock|
www.americanbankingnews.com - November 3 at 6:31 PM
|Materion Corporation (MTRN) Director Sells $570,903.23 in Stock|
www.americanbankingnews.com - November 3 at 5:42 PM
|Contrasting Materion Corporation (MTRN) & Allegheny Technologies (ATI)|
www.americanbankingnews.com - November 2 at 11:30 AM
|Insider Selling: Materion Corporation (MTRN) VP Sells 3,000 Shares of Stock|
www.americanbankingnews.com - October 31 at 6:02 PM
|Analysts Expect Materion Corporation (MTRN) to Post $0.39 EPS|
www.americanbankingnews.com - October 28 at 9:12 PM
|Materion Corp.: Leads amongst peers with strong fundamentals|
finance.yahoo.com - October 28 at 8:28 AM
|Materion Corporation (MTRN) to Issue $0.10 Quarterly Dividend|
www.americanbankingnews.com - October 27 at 6:27 PM
|$281.17 Million in Sales Expected for Materion Corporation (MTRN) This Quarter|
www.americanbankingnews.com - October 27 at 12:17 PM
|Materion Corporation's (MTRN) CEO Jugal Vijayvargiya on Q3 2017 Results - Earnings Call Transcript|
seekingalpha.com - October 27 at 8:10 AM
|Investor Network Invites You to the Materion Corporation Third Quarter 2017 Earnings Conference Call and Webcast Live on Thursday, October 26, 2017|
finance.yahoo.com - October 27 at 8:10 AM
|Materion Corporation Reports Third Quarter 2017 Financial Results and Narrows Full-Year 2017 Guidance on the High End|
finance.yahoo.com - October 27 at 8:10 AM
|Materion tops Street 3Q forecasts|
finance.yahoo.com - October 27 at 8:10 AM
|Materion Corporation Declares Fourth Quarter Dividend|
finance.yahoo.com - October 27 at 8:10 AM
|Edited Transcript of MTRN earnings conference call or presentation 26-Oct-17 1:00pm GMT|
finance.yahoo.com - October 27 at 8:10 AM
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 Saturday, January, 20, 2018