Materion Corporation Company Profile (NYSE:MTRN)

About Materion Corporation (NYSE:MTRN)

Materion Corporation logoMaterion 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:
  • Sector: Basic Materials
  • Industry: Nonferrous Metal Processing
  • Sub-Industry: Diversified Metals & Mining
  • Symbol: NYSE:MTRN
  • CUSIP: 57669010
  • Web:
  • Market Cap: $856.62 million
  • Outstanding Shares: 20,039,000
Average Prices:
  • 50 Day Moving Avg: $40.70
  • 200 Day Moving Avg: $37.45
  • 52 Week Range: $28.50 - $44.80
  • Trailing P/E Ratio: 34.46
  • Foreward P/E Ratio: 23.11
  • P/E Growth: 2.35
Sales & Book Value:
  • Annual Revenue: $1.02 billion
  • Price / Sales: 0.84
  • Book Value: $25.10 per share
  • Price / Book: 1.70
  • Annual Dividend: $0.40
  • Dividend Yield: 0.9%
  • EBITDA: $74.35 million
  • Net Margins: 2.47%
  • Return on Equity: 5.96%
  • Return on Assets: 3.90%
  • Debt-to-Equity Ratio: 0.05%
  • Current Ratio: 3.56%
  • Quick Ratio: 1.59%
  • Average Volume: 76,265 shs.
  • Beta: 1.14
  • Short Ratio: 6.42

Frequently Asked Questions for Materion Corporation (NYSE:MTRN)

What is Materion Corporation's stock symbol?

Materion Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTRN."

How often does Materion Corporation pay dividends? What is the dividend yield for Materion Corporation?

Materion Corporation announced a quarterly dividend on Wednesday, August 2nd. Shareholders of record on Friday, August 18th will be paid a dividend of $0.10 per share on Tuesday, September 5th. This represents a $0.40 dividend on an annualized basis and a yield of 0.94%. The ex-dividend date of this dividend is Wednesday, August 16th. View Materion Corporation's Dividend History.

How were Materion Corporation's earnings last quarter?

Materion Corporation (NYSE:MTRN) posted its quarterly earnings results on Thursday, July, 27th. The company reported $0.42 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.40 by $0.02. The firm had revenue of $295.80 million for the quarter, compared to analysts' expectations of $254.28 million. Materion Corporation had a return on equity of 5.96% and a net margin of 2.47%. The business's quarterly revenue was up 18.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.31 earnings per share. View Materion Corporation's Earnings History.

When will Materion Corporation make its next earnings announcement?

Materion Corporation is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for Materion Corporation.

What guidance has Materion Corporation issued on next quarter's earnings?

Materion Corporation updated its FY17 earnings guidance on Thursday, July, 27th. The company provided earnings per share (EPS) guidance of $1.45-1.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.52.

Where is Materion Corporation's stock going? Where will Materion Corporation's stock price be in 2017?

1 analysts have issued 1-year target prices for Materion Corporation's shares. Their forecasts range from $35.00 to $36.00. On average, they expect Materion Corporation's stock price to reach $35.50 in the next twelve months. View Analyst Ratings for Materion Corporation.

What are analysts saying about Materion Corporation stock?

Here are some recent quotes from research analysts about Materion Corporation 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. " (10/11/2017)
  • 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 Corporation's key competitors?

Who are Materion Corporation's key executives?

Materion Corporation's management team includes the folowing people:

  • Richard J. Hipple, Executive Chairman of the Board
  • Jugal K. Vijayvargiya, President, Chief Executive Officer, Director
  • Joseph P. Kelley, Chief Financial Officer, Vice President - Finance
  • Ian Tribick Ph.D., Chief Technology and Marketing Officer
  • Gregory R. Chemnitz, Vice President, General Counsel and Secretary
  • Stephen Shamrock, Vice President, Corporate Controller and Investor Relations
  • Christopher E. Eberhardt, Vice President - Tax, Treasury
  • William B. Lawrence, Lead Independent Director
  • Joseph P. Keithley, Independent Director
  • Vinod M. Khilnani, Independent Director

How do I buy Materion Corporation stock?

Shares of Materion Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Materion Corporation's stock price today?

One share of Materion Corporation stock can currently be purchased for approximately $42.75.

MarketBeat Community Rating for Materion Corporation (NYSE MTRN)
Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  96 (Vote Outperform)
Underperform Votes:  137 (Vote Underperform)
Total Votes:  233
MarketBeat's community ratings are surveys of what our community members think about Materion Corporation 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.

Analyst Ratings

Consensus Ratings for Materion Corporation (NYSE:MTRN) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $35.50 (16.96% downside)
Consensus Price Target History for Materion Corporation (NYSE:MTRN)
Price Target History for Materion Corporation (NYSE:MTRN)
Analysts' Ratings History for Materion Corporation (NYSE:MTRN)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/12/2017Jefferies Group LLCReiterated RatingHold$36.00N/AView Rating Details
11/3/2016Wm SmithInitiated CoverageNot Rated$35.00N/AView Rating Details
4/7/2016Stifel NicolausDowngradeBuy -> HoldN/AView Rating Details
(Data available from 10/20/2015 forward)


Earnings History for Materion Corporation (NYSE:MTRN)
Earnings by Quarter for Materion Corporation (NYSE:MTRN)
Earnings History by Quarter for Materion Corporation (NYSE MTRN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/26/2017$0.40N/AView Earnings Details
7/27/2017Q2 2017$0.40$0.42$254.28 million$295.80 millionViewN/AView Earnings Details
4/28/2017Q1 2017$0.28$0.29$231.58 million$240.67 millionViewN/AView Earnings Details
2/17/2017Q416$0.33$0.28$236.22 million$234.30 millionViewN/AView Earnings Details
10/27/2016Q316$0.35$0.46$252.86 million$249.60 millionViewListenView Earnings Details
7/28/2016Q216$0.29$0.31$235.29 million$249.80 millionViewListenView Earnings Details
4/29/2016Q116$0.24$0.27$218.82 million$235.51 millionViewListenView Earnings Details
2/18/2016Q415$0.33$0.36$244.08 million$214.00 millionViewListenView Earnings Details
10/29/2015Q3$0.40$0.40$279.00 million$244.50 millionViewListenView Earnings Details
7/30/2015Q215$0.42$0.43$295.92 million$276.86 millionViewListenView Earnings Details
4/30/2015Q115$0.36$0.41$268.45 million$290.00 millionViewN/AView Earnings Details
2/19/2015Q414$0.44$0.50$164.20 million$288.40 millionViewN/AView Earnings Details
10/23/2014Q314$0.43$0.51$295.33 million$291.60 millionViewListenView Earnings Details
7/24/2014Q214$0.46$0.47$172.48 million$287.97 millionViewN/AView Earnings Details
4/24/2014Q114$0.24$0.29$276.50 million$258.90 millionViewN/AView Earnings Details
2/26/2014Q413$0.23$0.34$273.91 million$286.14 millionViewN/AView Earnings Details
10/24/2013Q313$0.20$0.20$297.70 million$275.40 millionViewN/AView Earnings Details
7/26/2013Q2 2013$0.41$0.43$323.65 million$306.10 millionViewN/AView Earnings Details
4/25/2013Q1 2013$0.35$0.33$314.79 million$299.17 millionViewN/AView Earnings Details
2/28/2013Q4 2012$0.27$0.41$288.55 million$303.80 millionViewN/AView Earnings Details
10/25/2012$0.42$0.39ViewN/AView Earnings Details
7/27/2012$0.38$0.38ViewN/AView Earnings Details
4/26/2012$0.26$0.30ViewN/AView Earnings Details
10/27/2011$0.64$0.65ViewN/AView Earnings Details
7/29/2011$0.69$0.75ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Materion Corporation (NYSE:MTRN)
Current Year EPS Consensus Estimate: $1.52 EPS
Next Year EPS Consensus Estimate: $1.85 EPS


Current Dividend Information for Materion Corporation (NYSE:MTRN)
Most Recent Dividend:9/5/2017
Annual Dividend:$0.40
Dividend Yield:0.94%
Dividend Growth:6.00% (3 Year Average)
Payout Ratio:32.26% (Trailing 12 Months of Earnings)
26.32% (Based on This Year's Estimates)
21.62% (Based on Next Year's Estimates)
Track Record:4 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Materion Corporation (NYSE:MTRN)

Dividend History by Quarter for Materion Corporation (NYSE MTRN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Materion Corporation (NYSE:MTRN)
Insider Ownership Percentage: 2.90%
Institutional Ownership Percentage: 90.81%
Insider Trades by Quarter for Materion Corporation (NYSE:MTRN)
Institutional Ownership by Quarter for Materion Corporation (NYSE:MTRN)
Insider Trades by Quarter for Materion Corporation (NYSE:MTRN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/31/2017Gregory R ChemnitzVPSell3,000$38.29$114,870.00View SEC Filing  
6/28/2017Richard J HippleInsiderSell2,500$37.38$93,450.00View SEC Filing  
6/27/2017Richard J HippleInsiderSell5,000$37.05$185,250.00View SEC Filing  
6/23/2017Richard J HippleInsiderSell5,000$37.22$186,100.00View SEC Filing  
6/21/2017Richard J HippleInsiderSell2,500$37.16$92,900.00View SEC Filing  
6/20/2017Richard J HippleInsiderSell5,000$36.80$184,000.00View SEC Filing  
6/16/2017Richard J HippleInsiderSell2,500$36.17$90,425.00View SEC Filing  
6/15/2017Richard J HippleInsiderSell2,500$36.04$90,100.00View SEC Filing  
6/14/2017Richard J HippleInsiderSell2,500$36.19$90,475.00View SEC Filing  
6/13/2017Richard J HippleInsiderSell2,500$36.26$90,650.00View SEC Filing  
6/12/2017Richard J HippleInsiderSell2,500$37.39$93,475.00View SEC Filing  
6/9/2017Richard J HippleInsiderSell2,500$36.37$90,925.00View SEC Filing  
6/8/2017Richard J HippleInsiderSell5,000$35.22$176,100.00View SEC Filing  
6/6/2017Richard J HippleInsiderSell5,000$34.68$173,400.00View SEC Filing  
6/2/2017Richard J HippleInsiderSell2,500$34.64$86,600.00View SEC Filing  
6/1/2017Richard J HippleInsiderSell2,500$34.11$85,275.00View SEC Filing  
5/31/2017Richard J HippleInsiderSell5,000$33.95$169,750.00View SEC Filing  
5/30/2017Richard J HippleChairmanSell2,500$34.33$85,825.00View SEC Filing  
5/26/2017Richard J HippleInsiderSell5,000$34.17$170,850.00View SEC Filing  
5/24/2017Richard J HippleInsiderSell2,500$34.53$86,325.00View SEC Filing  
5/23/2017Richard J HippleInsiderSell5,000$34.47$172,350.00View SEC Filing  
5/19/2017Richard J HippleInsiderSell2,500$34.17$85,425.00View SEC Filing  
3/31/2017Richard J HippleInsiderSell230$32.58$7,493.40View SEC Filing  
3/30/2017Richard J HippleInsiderSell12,000$32.11$385,320.00View SEC Filing  
3/24/2017Richard J HippleInsiderSell3,000$32.37$97,110.00View SEC Filing  
3/23/2017Richard J HippleInsiderSell6,000$32.59$195,540.00View SEC Filing  
3/20/2017Richard J HippleInsiderSell6,000$33.16$198,960.00View SEC Filing  
3/17/2017Richard J HippleInsiderSell6,000$33.64$201,840.00View SEC Filing  
1/17/2017Craig S ShularDirectorSell5,744$38.94$223,671.36View SEC Filing  
11/10/2014John D GrampaCFOSell3,735$38.58$144,096.30View SEC Filing  
5/12/2014John GrampaCFOSell2,830$34.51$97,663.30View SEC Filing  
5/12/2014William LawrenceDirectorSell1,379$34.54$47,630.66View SEC Filing  
5/9/2014John GrampaCFOSell12,170$33.03$401,975.10View SEC Filing  
5/9/2013John D GrampaCFOSell15,000$28.63$429,450.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Materion Corporation (NYSE:MTRN)
Latest Headlines for Materion Corporation (NYSE:MTRN)
DateHeadline logoMaterion Corporation (MTRN) Set to Announce Quarterly Earnings on Thursday - October 19 at 3:34 AM logoMaterion Corporation (MTRN) Receives "Hold" Rating from Jefferies Group LLC - October 15 at 7:06 PM logoMaterion Corporation Conference Call Scheduled - October 14 at 5:32 AM logoZacks Investment Research Downgrades Materion Corporation (MTRN) to Hold - October 11 at 6:32 AM logo Brokerages Anticipate Materion Corporation (MTRN) to Announce $0.38 Earnings Per Share - October 6 at 12:40 PM logo Analysts Set $37.50 Target Price for Materion Corporation (MTRN) - September 28 at 4:22 PM logo Brokerages Expect Materion Corporation (MTRN) Will Announce Quarterly Sales of $288.95 Million - September 19 at 5:20 AM logoMaterion Corp. breached its 50 day moving average in a Bearish Manner : MTRN-US : September 18, 2017 - September 19 at 12:34 AM logoMaterion Corp. : MTRN-US: Dividend Analysis : August 18th, 2017 (record date) : By the numbers : September 18, 2017 - September 19 at 12:34 AM logoMaterion Optical Filters on Next-Generation Satellite Imager are Helping to Take Weather Forecasting to New Heights - September 8 at 6:04 AM logoMaterion Corporation (MTRN) Expected to Announce Quarterly Sales of $287.23 Million - September 1 at 9:02 AM logoMaterion Corp. – Value Analysis (NYSE:MTRN) : August 29, 2017 - August 29 at 3:19 AM logoMaterion Corp. breached its 50 day moving average in a Bearish Manner : MTRN-US : August 18, 2017 - August 19 at 3:53 AM logoMaterion Corporation Announces Appointments of Chief Technology and Marketing Officer and President, Precision Coatings - August 17 at 5:34 AM logo$287.23 Million in Sales Expected for Materion Corporation (NYSE:MTRN) This Quarter - August 13 at 1:40 AM logoETFs with exposure to Materion Corp. : August 11, 2017 - August 12 at 6:05 AM logoMaterion Corporation Executives to Ring Today’s NYSE Closing Bell® - August 7 at 8:12 PM logo Materion Corporation (NYSE:MTRN) Given Average Rating of "Hold" by Brokerages - August 7 at 12:34 PM logoMaterion Corporation (NYSE:MTRN) Announces $0.10 Quarterly Dividend - August 3 at 12:10 PM logoMaterion Corporation Declares Third Quarter Dividend - August 3 at 6:01 AM logoGregory R. Chemnitz Sells 3,000 Shares of Materion Corporation (MTRN) Stock - July 31 at 7:45 PM logoMaterion Corp. :MTRN-US: Earnings Analysis: Q2, 2017 By the Numbers : July 28, 2017 - July 29 at 4:54 AM logo Materion Corporation (MTRN) Given $34.50 Average Target Price by Analysts - July 28 at 9:40 AM logoMaterion's (MTRN) CEO Jugal Vijayvargiva on Q2 2017 Results - Earnings Call Transcript - July 28 at 5:49 AM logoMaterion Corporation Reports Second Quarter 2017 Financial Results and Affirms Guidance for the Full-Year 2017 - July 28 at 5:49 AM logoEdited Transcript of MTRN earnings conference call or presentation 27-Jul-17 1:00pm GMT - July 28 at 5:49 AM logoMaterion beats 2Q profit forecasts - July 28 at 5:49 AM logoMaterion Corporation (MTRN) Announces Quarterly Earnings Results - July 27 at 2:17 PM logoMaterion Corporation (MTRN) Updates FY17 Earnings Guidance - July 27 at 10:07 AM logoInvestor Network Invites You to the Materion Corporation Second Quarter 2017 Earnings Conference Call and Webcast Live on Thursday, July 27, 2017 - July 27 at 4:35 AM logoAnalyzing Aqua Metals (AQMS) & Materion Corporation (NYSE:MTRN) - July 14 at 12:08 AM logoHead-To-Head Review: Aqua Metals (AQMS) versus Materion Corporation (NYSE:MTRN) - July 14 at 12:08 AM logoMaterion Corporation (NYSE:MTRN) Earns Hold Rating from Jefferies Group LLC - July 8 at 1:40 PM logoFinancial Survey: Materion Corporation (NYSE:MTRN) vs. Global Brass and Copper Holdings (BRSS) - July 4 at 6:26 PM logoReminder - Materion (MTRN) Goes Ex-Dividend Soon - May 13 at 12:18 AM logoMaterion's (MTRN) CEO Jugal Vijayvargiva on Q1 2017 Results - Earnings Call Transcript - April 30 at 7:52 PM logoMaterion Corp. (MTRN) Tops Q1 EPS by 2c, Beats on Revenue; Reaffirms FY Guidance - April 30 at 12:12 AM logoMATERION CORP Files SEC form 8-K, Change in Directors or Principal Officers - March 13 at 6:23 PM logoMaterion Corporation Announces Planned Leadership Succession - March 3 at 6:43 PM logoMATERION CORP Files SEC form 8-K, Change in Directors or Principal Officers, Regulation FD Disclosure - March 3 at 6:43 PM logoMaterion's (MTRN) CEO Dick Hipple on Q4 2016 Results - Earnings Call Transcript - February 17 at 4:57 PM logoMaterion misses by $0.06, misses on revenue - February 17 at 7:51 AM logoMaterion Corp. (MTRN) Announces Two Patents for Fabrication Process of BrushForm 158 - January 17 at 7:00 PM logo9:01 am Materion acquires the thin film gettering technology & related intellectual property assets from Integrated Sensing Systems; terms not disclosed - December 20 at 12:38 PM logoMATERION CORP Files SEC form 8-K, Other Events - December 6 at 9:52 AM logoMaterion Corp. (MTRN) to Acquire Certain Materials Business Assets from Heraeus Group - December 5 at 6:44 PM logoMaterion Corporation Enters into Definitive Agreement to Acquire Heraeus’ Target Materials Business - December 5 at 10:12 AM logoMATERION CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits - October 31 at 6:21 PM logoMaterion's (MTRN) CEO Dick Hipple on Q3 2016 Results - Earnings Call Transcript - October 27 at 6:23 PM logoMATERION CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits - October 27 at 11:10 AM



Materion Corporation (MTRN) Chart for Friday, October, 20, 2017

This page was last updated on 10/20/2017 by Staff

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