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: $774.46 million
  • Outstanding Shares: 19,986,000
Average Prices:
  • 50 Day Moving Avg: $37.20
  • 200 Day Moving Avg: $36.08
  • 52 Week Range: $25.65 - $41.22
  • Trailing P/E Ratio: 32.90
  • Foreward P/E Ratio: 20.29
  • P/E Growth: 2.11
Sales & Book Value:
  • Annual Revenue: $974.39 million
  • Price / Sales: 0.79
  • Book Value: $24.87 per share
  • Price / Book: 1.56
  • Annual Dividend: $0.40
  • Dividend Yield: 1.1%
  • EBIDTA: $69.99 million
  • Net Margins: 2.40%
  • Return on Equity: 5.50%
  • Return on Assets: 3.62%
  • Debt-to-Equity Ratio: 0.05%
  • Current Ratio: 3.78%
  • Quick Ratio: 1.52%
  • Average Volume: 85,698 shs.
  • Beta: 1.15
  • 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 declared a quarterly dividend on Wednesday, May 3rd. Investors of record on Wednesday, May 17th will be paid a dividend of $0.10 per share on Friday, June 2nd. This represents a $0.40 annualized dividend and a yield of 1.03%. The ex-dividend date of this dividend is Monday, May 15th. This is an increase from Materion Corporation's previous quarterly dividend of $0.10. View Materion Corporation's Dividend History.

How were Materion Corporation's earnings last quarter?

Materion Corporation (NYSE:MTRN) announced its quarterly earnings results on Thursday, July, 27th. The company reported $0.42 EPS for the quarter, beating the Zacks' consensus estimate of $0.40 by $0.02. The company earned $295.80 million during the quarter, compared to the consensus estimate of $254.28 million. Materion Corporation had a net margin of 2.40% and a return on equity of 5.50%. The company's revenue was up 18.4% compared to the same quarter last year. During the same quarter last 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, July, 27th 2017. View Earnings Estimates for Materion Corporation.

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

Materion Corporation issued an update on 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.

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

1 brokerages have issued twelve-month target prices for Materion Corporation's stock. Their predictions range from $34.00 to $35.00. On average, they expect Materion Corporation's stock price to reach $34.50 in the next year. 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. " (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)

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
  • 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

Who owns Materion Corporation stock?

Materion Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Acadian Asset Management LLC (0.47%), Bank of Montreal Can (0.26%), Russell Investments Group Ltd. (0.18%), Great West Life Assurance Co. Can (0.14%), Nisa Investment Advisors LLC (0.12%) and Strs Ohio (0.10%). Company insiders that own Materion Corporation stock include Craig S Shular and Richard J Hipple. View Institutional Ownership Trends for Materion Corporation.

Who sold Materion Corporation stock? Who is selling Materion Corporation stock?

Materion Corporation's stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Russell Investments Group Ltd., Strs Ohio, Pillar Pacific Capital Management LLC and Capstone Asset Management Co.. Company insiders that have sold Materion Corporation stock in the last year include Craig S Shular and Richard J Hipple. View Insider Buying and Selling for Materion Corporation.

Who bought Materion Corporation stock? Who is buying Materion Corporation stock?

Materion Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can, State of Alaska Department of Revenue, Great West Life Assurance Co. Can, Aperio Group LLC, Eqis Capital Management Inc., First Midwest Bank Trust Division, Municipal Employees Retirement System of Michigan and Nisa Investment Advisors LLC. View Insider Buying and Selling for Materion Corporation.

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 $38.75.

MarketBeat Community Rating for Materion Corporation (NYSE MTRN)
Community Ranking:  1.9 out of 5 ()
Outperform Votes:  64 (Vote Outperform)
Underperform Votes:  103 (Vote Underperform)
Total Votes:  167
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: $34.50 (10.97% downside)

Analysts' Ratings History for Materion Corporation (NYSE:MTRN)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/7/2017Jefferies Group LLCReiterated RatingHold$34.00MediumView Rating Details
11/3/2016Wm SmithInitiated CoverageNot Rated$35.00N/AView Rating Details
4/7/2016Stifel NicolausDowngradeBuy -> HoldN/AView Rating Details
(Data available from 7/27/2015 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
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: $1.50 EPS
Next Year EPS Consensus Estimate: $1.91 EPS


Current Dividend Information for Materion Corporation (NYSE:MTRN)
Most Recent Dividend:6/2/2017
Annual Dividend:$0.40
Dividend Yield:1.03%
Dividend Growth:6.00% (3 Year Average)
Payout Ratio:34.78% (Trailing 12 Months of Earnings)
26.67% (Based on This Year's Estimates)
20.94% (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: 89.63%
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
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) 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 logoZacks: Brokerages Anticipate Materion Corporation (NYSE:MTRN) to Post $0.40 Earnings Per Share - July 24 at 4:28 PM 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 logoMaterion Corporation (MTRN) Expected to Announce Quarterly Sales of $263.49 Million - June 30 at 2:06 PM logoInsider Selling: Materion Corporation (MTRN) Insider Sells 2,500 Shares of Stock - June 29 at 8:10 PM logoMaterion Corporation (MTRN) Expected to Announce Earnings of $0.40 Per Share - June 28 at 12:26 PM logoComparing Materion Corporation (MTRN) and Global Brass and Copper Holdings (BRSS) - June 28 at 12:10 PM logoReviewing Materion Corporation (MTRN) & Aqua Metals (AQMS) - June 28 at 7:52 AM logoMaterion Corporation (MTRN) Insider Sells $185,250.00 in Stock - June 27 at 7:51 PM logoMaterion Corporation (MTRN) Insider Sells $186,100.00 in Stock - June 26 at 7:17 PM logoMaterion Corporation (MTRN) Insider Sells $92,900.00 in Stock - June 21 at 8:04 PM logoInsider Selling: Materion Corporation (MTRN) Insider Sells 5,000 Shares of Stock - June 20 at 7:51 PM logoMaterion Corporation (MTRN) Rating Lowered to Hold at Zacks Investment Research - June 18 at 12:52 AM logoMaterion Corporation (MTRN) Upgraded at Zacks Investment Research - June 17 at 1:38 PM logoRichard J. Hipple Sells 2,500 Shares of Materion Corporation (MTRN) Stock - June 16 at 1:26 PM logoMaterion Corporation (MTRN) Insider Richard J. Hipple Sells 2,500 Shares - June 15 at 5:02 PM logoInsider Selling: Materion Corp (MTRN) Insider Sells 2,500 Shares of Stock - June 9 at 8:20 PM logoMaterion Corp (MTRN) vs. Global Brass and Copper Holdings (BRSS) Head to Head Review - June 9 at 6:48 PM logoMaterion Corp (MTRN) Insider Richard J. Hipple Sells 5,000 Shares - June 8 at 7:52 PM logoMaterion Introduces Thermalox® V Advanced Beryllium Oxide Ceramic - June 7 at 6:22 PM logoRichard J. Hipple Sells 2,500 Shares of Materion Corp (MTRN) Stock - June 5 at 8:24 PM logo$263.49 Million in Sales Expected for Materion Corp (MTRN) This Quarter - June 4 at 9:04 AM logoMaterion Corp (MTRN) Insider Sells $85,275.00 in Stock - June 2 at 1:16 PM logo$0.40 Earnings Per Share Expected for Materion Corp (MTRN) This Quarter - June 2 at 10:12 AM logoMaterion Corp. breached its 50 day moving average in a Bearish Manner : MTRN-US : June 1, 2017 - June 1 at 9:10 AM logoInsider Selling: Materion Corp (MTRN) Chairman Sells 2,500 Shares of Stock - May 31 at 10:46 PM logoMaterion Corp (MTRN) Upgraded by Zacks Investment Research to "Buy" - May 27 at 7:46 AM logoMaterion Corp (MTRN) Cut to Hold at Zacks Investment Research - May 26 at 7:52 PM logoMaterion Corp (MTRN) Insider Richard J. Hipple Sells 2,500 Shares - May 24 at 8:02 PM logoMaterion Corp (MTRN) Insider Sells $172,350.00 in Stock - May 23 at 4:32 PM logoMaterion Corp. : MTRN-US: Dividend Analysis : May 17th, 2017 (record date) : By the numbers : May 19, 2017 - May 19 at 7:10 PM logoMaterion and Longstanding Beryllium Hydroxide Customer Complete Long-term Supply Agreement - May 16 at 10:23 AM logoReminder - Materion (MTRN) Goes Ex-Dividend Soon - May 13 at 12:18 AM logoMaterion Corp (MTRN) Expected to Announce Quarterly Sales of $263.49 Million - May 11 at 1:02 PM logoZacks: Brokerages Expect Materion Corp (MTRN) Will Announce Earnings of $0.40 Per Share - May 9 at 9:44 AM logoMaterion Corp. breached its 50 day moving average in a Bullish Manner : MTRN-US : May 8, 2017 - May 8 at 12:28 PM logoETFs with exposure to Materion Corp. : May 5, 2017 - May 5 at 6:58 PM logoMaterion Expands Alumina Ceramic Material Offering with Introduction of Durox® 98 - May 4 at 6:45 PM logoMaterion Corp (mtrn) Declares Dividend Increase - $0.10 Per Share - May 4 at 4:22 PM logoMaterion Corp. :MTRN-US: Earnings Analysis: Q1, 2017 By the Numbers : May 3, 2017 - May 3 at 5:44 PM logoMaterion Corporation Increases Quarterly Cash Dividend - May 3 at 5:44 PM logoAnalysts Expect Materion Corp (MTRN) to Post $0.41 EPS - May 1 at 6:12 PM 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 (MTRN) Announces Earnings Results, Beats Expectations By $0.02 EPS - April 29 at 1:26 AM



Materion Corporation (MTRN) Chart for Thursday, July, 27, 2017

This page was last updated on 7/27/2017 by Staff