Materion Corporation Company Profile (NYSE:MTRN)

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

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 annualized dividend and a yield of 1.08%. The ex-dividend date of this dividend is Wednesday, August 16th. View Materion Corporation's Dividend History.

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

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

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 estimate of $1.52.

1 equities research analysts have issued 12 month price objectives for Materion Corporation's shares. Their predictions range from $34.00 to $35.00. On average, they anticipate Materion Corporation's stock price to reach $34.50 in the next year. View Analyst Ratings for Materion Corporation.

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. " (7/4/2017)
• 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)

Some companies that are related to Materion Corporation include Advantage Oil & Gas (AAV), Coeur Mining (CDE), Ultra Petroleum Corp (UPL), Terra Nitrogen Company, L.P. (TNH), Sibanye Gold Limited (SBGL), Eldorado Gold Corporation (EGO), CES Energy Solutions Corp (CEU), Enerflex Ltd (EFX), Cascades (CAS), MEG Energy Corp (MEG), Hochschild Mining Plc (HOC), NovaGold Resources (NG), Innospec (IOSP), MAG Silver Corp (MAG), Elementis plc (ELM), Neenah Paper (NP), Breedon Group PLC (BREE) and Orion Engineered Carbons S.A (OEC).

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
• Gregory R. Chemnitz, Vice President, Legal Counsel, Corporate 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
• N. Mohan Reddy Ph.D., Independent Director

Materion Corporation's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.70%), Vanguard Group Inc. (9.51%), Dimensional Fund Advisors LP (8.36%), Northern Trust Corp (4.62%), Gamco Investors INC. ET AL (3.90%) and State Street Corp (3.36%). Company insiders that own Materion Corporation stock include Craig S Shular, Gregory R Chemnitz and Richard J Hipple. View Institutional Ownership Trends for Materion Corporation.

Materion Corporation's stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Acadian Asset Management LLC, Parametric Portfolio Associates LLC, Menta Capital LLC, Employees Retirement System of Texas, Goldman Sachs Group Inc., Voya Investment Management LLC and Systematic Financial Management LP. Company insiders that have sold Materion Corporation stock in the last year include Craig S Shular, Gregory R Chemnitz and Richard J Hipple. View Insider Buying and Selling for Materion Corporation.

Materion Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Northern Trust Corp, State Street Corp, Vanguard Group Inc., Numeric Investors LLC, Ameriprise Financial Inc., Virginia Retirement Systems ET AL and Summit Global Investments. View Insider Buying and Selling for Materion Corporation.

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.

One share of Materion Corporation stock can currently be purchased for approximately $37.20.