NYSE:MTRN Materion - MTRN Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Materion Co. Please log in to your account or sign up in order to add this asset to your watchlist. $90.25 +2.19 (+2.49%) (As of 01/31/2023 12:00 AM ET) Add Compare Share Share Today's Range$87.51▼$90.9050-Day Range$75.64▼$96.5452-Week Range$64.89▼$97.89Volume301,774 shsAverage Volume142,857 shsMarket Capitalization$1.85 billionP/E Ratio24.33Dividend Yield0.56%Price Target$102.33 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Materion MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside13.4% Upside$102.33 Price TargetShort InterestHealthy2.61% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth8.67%From $5.19 to $5.64 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.50 out of 5 starsBasic Materials Sector41st out of 163 stocksMetal Forgings & Stampings Industry2nd out of 4 stocks 2.5 Analyst's Opinion Consensus RatingMaterion has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $102.33, Materion has a forecasted upside of 13.4% from its current price of $90.25.Amount of Analyst CoverageMaterion has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.61% of the float of Materion has been sold short.Short Interest Ratio / Days to CoverMaterion has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Materion has recently increased by 4.12%, indicating that investor sentiment is decreasing. Previous Next 3.3 Dividend Strength Dividend YieldMaterion has a dividend yield of 0.56%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthMaterion has been increasing its dividend for 10 years.Dividend CoverageThe dividend payout ratio of Materion is 13.48%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Materion will have a dividend payout ratio of 8.87% next year. This indicates that Materion will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MTRN. Previous Next 2.0 News and Social Media Coverage News SentimentMaterion has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.35 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 1 news article for Materion this week, compared to 2 articles on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Materion insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.10% of the stock of Materion is held by insiders.Percentage Held by Institutions95.66% of the stock of Materion is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Materion are expected to grow by 8.67% in the coming year, from $5.19 to $5.64 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Materion is 24.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.04.Price to Earnings Ratio vs. SectorThe P/E ratio of Materion is 24.33, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 95.62.Price to Book Value per Share RatioMaterion has a P/B Ratio of 2.56. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Materion (NYSE:MTRN) StockMaterion Corp. engages in the production of engineered materials used in a variety of electrical, electronic, thermal, and structural applications. The company operates through the following segments: Performance Alloys and Composites, Advanced Materials, Precision Coatings and Other. The Performance Alloys and Composites segment produces strip and bulk form alloy products, strip metal products with clad inlay and overlay metals, beryllium-based metals, beryllium, and aluminum metal matrix composites, in rod, sheet, foil, and a variety of customized forms, beryllium ceramics, and bulk metallic glass material. The Advanced Materials segment provides advanced chemicals, microelectronics packaging, precious metal, non-precious metal, and specialty metal products, including vapor deposition targets, frame lid assemblies, clad and precious metal pre-forms, high temperature braze materials and ultra-fine wire. The Precision Coatings segment includes precision optics and large area coatings which produces sputter-coated precision thin film coatings and optical filter materials. The Other segment includes unallocated corporate costs and assets. The company was founded in 1931 and is headquRead More Receive MTRN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Materion and its competitors with MarketBeat's FREE daily newsletter. Email Address MTRN Stock News HeadlinesJanuary 18, 2023 | finance.yahoo.comAre Investors Undervaluing Materion Corporation (NYSE:MTRN) By 22%?January 2, 2023 | finance.yahoo.comMaterion Corporation (MTRN) Stock Historical Prices & Data - Yahoo FinanceFebruary 1, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.December 28, 2022 | finance.yahoo.comViral space photos tell the story of Materion's explosive 2022December 22, 2022 | finance.yahoo.comMaterion Corp.'s new Buffalo plant manager talks growth opportunitiesNovember 11, 2022 | finance.yahoo.comIs Weakness In Materion Corporation (NYSE:MTRN) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?November 2, 2022 | finance.yahoo.comMaterion Corporation Reports Record Third Quarter Results and Updates Full Year 2022 OutlookNovember 2, 2022 | finance.yahoo.comMaterion (MTRN) Lags Q3 Earnings and Revenue EstimatesFebruary 1, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.October 26, 2022 | finance.yahoo.comMaterion to Participate in Baird’s 2022 Global Industrial ConferenceOctober 26, 2022 | fool.comMaterion (NYSE: MTRN)October 20, 2022 | businesswire.comMaterion Corporation to Announce Third Quarter 2022 Financial Results on Nov. 2 - Business WireOctober 19, 2022 | finance.yahoo.comMaterion Corporation to Announce Third Quarter 2022 Financial Results on Nov. 2October 19, 2022 | finance.yahoo.comIf EPS Growth Is Important To You, Materion (NYSE:MTRN) Presents An OpportunityOctober 13, 2022 | finance.yahoo.comRoll-to-roll technologies for flexible devices Market is estimated to grow at CAGR of 14.5%, 2018-2026| Latest Industry Coverage by Douglas Insights - Yahoo FinanceOctober 12, 2022 | nasdaq.comAn Intrinsic Calculation For Materion Corporation (NYSE:MTRN) Suggests It's 49% Undervalued - NasdaqOctober 12, 2022 | investorplace.com5 Investors Betting Big on Meta Materials (MMAT) Stock - InvestorPlaceOctober 12, 2022 | fool.comWhy Applied Materials Stock Got Mashed on Monday - The Motley FoolOctober 12, 2022 | cnbc.comAuto giant Stellantis looks to Australian materials, including nickel, for its EVs - CNBCOctober 5, 2022 | finance.yahoo.comGlobal Complex Oxide Sputtering Target Market Size to reach USD 6.7 Bn by 2030 | CAGR 5.5%; Spherical Insights & Consulting. - Yahoo FinanceOctober 4, 2022 | streetinsider.comMaterion Corp. (MTRN) Invests $20M in Massachusetts Facility to Expand Capacity - StreetInsider.comOctober 4, 2022 | businesswire.comMaterion Announces $20M in Investments in Massachusetts Facility to Expand Capacity for the Semiconductor Industry - Business WireOctober 4, 2022 | finance.yahoo.comMaterion Announces $20M in Investments in Massachusetts Facility to Expand Capacity for the Semiconductor IndustrySeptember 20, 2022 | streetinsider.comRockland Resources More Than Triples Lithium Claystone Portfolio in Juab County, Utah - StreetInsider.comSeptember 10, 2022 | nasdaq.comIs Materion (NYSE:MTRN) A Risky Investment? - NasdaqSeptember 2, 2022 | finance.yahoo.comThe total return for Materion (NYSE:MTRN) investors has risen faster than earnings growth over the last five yearsAugust 29, 2022 | businesswire.comMaterion to Participate in CL King's 20th Annual Best Ideas Conference - Business WireSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive MTRN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Materion and its competitors with MarketBeat's FREE daily newsletter. Email Address MTRN Company Calendar Last Earnings11/02/2022Ex-Dividend for 12/8 Dividend11/15/2022Dividend Payable12/08/2022Today1/31/2023Next Earnings (Estimated)2/16/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Metal forgings & stampings Sub-IndustryDiversified Metals & Mining SectorBasic Materials Current SymbolNYSE:MTRN CUSIP57669010 CIK1104657 Webwww.materion.com Phone(216) 486-4200Fax216-383-4091Employees3,443Year FoundedN/APrice Target and Rating Average Stock Price Forecast$102.33 High Stock Price Forecast$120.00 Low Stock Price Forecast$92.00 Forecasted Upside/Downside+13.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$3.71 Trailing P/E Ratio24.33 Forward P/E Ratio17.39 P/E GrowthN/ANet Income$72.47 million Net Margins4.47% Pretax Margin4.89% Return on Equity13.42% Return on Assets5.96% Debt Debt-to-Equity Ratio0.64 Current Ratio3.51 Quick Ratio1.43 Sales & Book Value Annual Sales$1.51 billion Price / Sales1.23 Cash Flow$6.39 per share Price / Cash Flow14.12 Book Value$35.25 per share Price / Book2.56Miscellaneous Outstanding Shares20,530,000Free Float20,097,000Market Cap$1.85 billion OptionableOptionable Beta1.12 Key ExecutivesJugal K. VijayvargiyaPresident, Chief Executive Officer & DirectorShelly M. ChadwickChief Financial Officer & Vice President-FinanceIan TribickCTO & President-Precision CoatingsSteven J. HoltChief Information OfficerGregory R. ChemnitzSecretary, Vice President & General CounselKey CompetitorsCompass Minerals InternationalNYSE:CMPSandstorm GoldNYSE:SANDGreen PlainsNASDAQ:GPREEldorado GoldNYSE:EGOBrigham MineralsNYSE:MNRLView All CompetitorsInsiders & InstitutionsNew York State Common Retirement FundSold 12,574 shares on 1/30/2023Ownership: 0.209%Rice Hall James & Associates LLCSold 1,288 shares on 1/27/2023Ownership: 0.210%New York State Teachers Retirement SystemSold 1,900 shares on 1/27/2023Ownership: 0.188%Comerica BankSold 3,469 shares on 1/26/2023Ownership: 0.070%Ziegler Capital Management LLCSold 3,207 shares on 1/24/2023Ownership: 0.793%View All Insider TransactionsView All Institutional Transactions MTRN Stock - Frequently Asked Questions Should I buy or sell Materion stock right now? 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. View MTRN analyst ratings or view top-rated stocks. What is Materion's stock price forecast for 2023? 3 brokers have issued 12 month price objectives for Materion's shares. Their MTRN share price forecasts range from $92.00 to $120.00. On average, they anticipate the company's share price to reach $102.33 in the next twelve months. This suggests a possible upside of 13.4% from the stock's current price. View analysts price targets for MTRN or view top-rated stocks among Wall Street analysts. How have MTRN shares performed in 2023? Materion's stock was trading at $87.51 at the beginning of 2023. Since then, MTRN shares have increased by 3.1% and is now trading at $90.25. View the best growth stocks for 2023 here. Are investors shorting Materion? Materion saw a increase in short interest during 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 short-interest ratio is presently 3.7 days. Approximately 2.5% of the shares of the company are sold short. View Materion's Short Interest. When is Materion's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023. View our MTRN earnings forecast. How were Materion's earnings last quarter? Materion Co. (NYSE:MTRN) issued its quarterly earnings results on Wednesday, November, 2nd. The basic materials company reported $1.19 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.45 by $0.26. The basic materials company had revenue of $428.19 million for the quarter, compared to analysts' expectations of $452.30 million. Materion had a trailing twelve-month return on equity of 13.42% and a net margin of 4.47%. How often does Materion pay dividends? What is the dividend yield for Materion? Materion declared a quarterly dividend on Friday, October 28th. Stockholders of record on Wednesday, November 16th will be given a dividend of $0.125 per share on Thursday, December 8th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 0.55%. The ex-dividend date is Tuesday, November 15th. Read our dividend analysis for MTRN. Is Materion a good dividend stock? 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 13.48%. 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. What guidance has Materion issued on next quarter's earnings? Materion issued an update on its FY 2022 earnings guidance on Wednesday, November, 9th. The company provided earnings per share (EPS) 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 -. What is Jugal K. Vijayvargiya's approval rating as Materion's CEO? 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. What other stocks do shareholders of Materion own? 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). What is Materion's stock symbol? Materion trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTRN." Who are Materion's major shareholders? Materion's stock is owned by many different institutional and retail investors. Top institutional investors include Copeland Capital Management LLC (2.24%), Ziegler Capital Management LLC (0.79%), Phocas Financial Corp. (0.58%), Scout Investments Inc. (0.36%), Rice Hall James & Associates LLC (0.21%) and New York State Common Retirement Fund (0.21%). Insiders that own company stock include Craig S Shular, Gregory R Chemnitz and Vinod M Khilnani. View institutional ownership trends. How do I buy shares of Materion? 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. Compare Top Brokerages Here. What is Materion's stock price today? One share of MTRN stock can currently be purchased for approximately $90.25. How much money does Materion make? Materion (NYSE:MTRN) has a market capitalization of $1.85 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. How many employees does Materion have? The company employs 3,443 workers across the globe. How can I contact Materion? 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. This page (NYSE:MTRN) was last updated on 2/1/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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