Materion - MTRN Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Materion in the last year. 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 brokerages have issued 1 year price objectives for Materion's shares. Their MTRN share price forecasts range from $95.00 to $120.00. On average, they anticipate the company's stock price to reach $105.00 in the next year. This suggests a possible upside of 18.4% from the stock's current price.
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Materion's stock was trading at $91.94 on January 1st, 2022. Since then, MTRN shares have decreased by 3.6% and is now trading at $88.65.
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Materion is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our MTRN earnings forecast.

Materion Co. (NYSE:MTRN) issued its earnings results on Wednesday, August, 3rd. The basic materials company reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.07. The basic materials company earned $445.30 million during the quarter, compared to analyst estimates of $455.48 million. Materion had a trailing twelve-month return on equity of 13.45% and a net margin of 4.47%. Materion's revenue for the quarter was up 20.0% on a year-over-year basis. During the same quarter last year, the business posted $0.86 EPS.

Materion announced a quarterly dividend on Wednesday, May 4th. Stockholders of record on Friday, May 27th will be given a dividend of $0.125 per share on Thursday, June 16th. This represents a $0.50 annualized dividend and a yield of 0.56%. The ex-dividend date is Thursday, May 26th. This is an increase from the stock's previous quarterly dividend of $0.12.
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 0.56%. 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 13.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MTRN will have a dividend payout ratio of 7.84% 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, August, 3rd. The company provided earnings per share guidance of $5.50-$5.90 for the period, compared to the consensus EPS estimate of $5.10. 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 a number of institutional and retail investors. Top institutional shareholders include abrdn plc (3.58%), Copeland Capital Management LLC (2.05%), Trigran Investments Inc. (1.50%), Granite Investment Partners LLC (1.34%), Ziegler Capital Management LLC (0.83%) and ProShare Advisors LLC (0.52%). 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 $88.65.

Materion (NYSE:MTRN) has a market capitalization of $1.82 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 $3.63 on an earnings per share basis.

Materion 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.