Materion - MTRN Stock Forecast, Price & News

3 Wall Street equities 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 equities research analysts is that investors should "buy" MTRN shares.
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3 analysts have issued twelve-month price targets for Materion's stock. Their MTRN share price forecasts range from $92.00 to $120.00. On average, they expect the company's share price to reach $102.33 in the next twelve months. This suggests a possible upside of 12.5% from the stock's current price.
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Materion's stock was trading at $87.51 at the start of the year. Since then, MTRN shares have increased by 4.0% and is now trading at $90.99.
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Materion saw a increase in short interest in the month of December. As of December 30th, there was short interest totaling 507,800 shares, an increase of 31.7% from the December 15th total of 385,600 shares. Based on an average trading volume of 138,500 shares, the days-to-cover ratio is presently 3.7 days. Currently, 2.5% of the shares of the company are sold short.
View Materion's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
View our MTRN earnings forecast.

Materion will be holding an earnings conference call on Thursday, February 16th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 919-882-2331 with passcode "46830".

Materion Co. (NYSE:MTRN) released its earnings results on Tuesday, November, 2nd. The basic materials company reported $1.10 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.84 by $0.26. The basic materials company earned $388.03 million during the quarter, compared to analysts' expectations of $370.30 million. Materion had a net margin of 4.47% and a trailing twelve-month return on equity of 13.42%. During the same quarter last year, the company posted $0.55 EPS.

Materion declared a quarterly dividend on Wednesday, February 1st. Stockholders of record on Thursday, February 23rd will be given a dividend of $0.125 per share on Friday, March 10th. This represents a $0.50 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date of this dividend is Wednesday, February 22nd.
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 0.55%. 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 13.48%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MTRN will have a dividend payout ratio of 8.87% 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, November, 9th. The company provided earnings per share guidance of $5.15-$5.25 for the period, compared to the consensus earnings per share estimate of $5.25. 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 many different retail and institutional investors. Top institutional investors include Copeland Capital Management LLC (2.24%), Ziegler Capital Management LLC (0.79%), Fisher Asset Management LLC (0.72%), Phocas Financial Corp. (0.58%), ProShare Advisors LLC (0.55%) and Scout Investments Inc. (0.36%). 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 $90.99.

Materion (NYSE:MTRN) has a market capitalization of $1.87 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 $3.71 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.