Materion - MTRN Stock Forecast, Price & News

3 Wall Street 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 analysts is that investors should "buy" MTRN shares.
View MTRN analyst ratings or view top-rated stocks.

3 Wall Street analysts have issued 1 year target prices for Materion's stock. Their MTRN share price forecasts range from $95.00 to $120.00. On average, they anticipate the company's share price to reach $105.00 in the next twelve months. This suggests a possible upside of 11.4% from the stock's current price.
View analysts price targets for MTRN or view top-rated stocks among Wall Street analysts.

Materion's stock was trading at $91.94 at the beginning of 2022. Since then, MTRN stock has increased by 2.6% and is now trading at $94.29.
View the best growth stocks for 2022 here.

The company 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 EPS for the quarter, topping the consensus estimate of $1.21 by $0.07. The basic materials company earned $445.30 million during the quarter, compared to the consensus estimate of $455.48 million. Materion had a net margin of 4.47% and a trailing twelve-month return on equity of 13.45%. The firm's revenue was up 20.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.86 EPS.

Materion declared a quarterly dividend on Wednesday, May 4th. Shareholders of record on Friday, May 27th will be paid a dividend of $0.125 per share on Thursday, June 16th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 0.53%. 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 issued an update on its FY 2022 earnings guidance on Wednesday, August, 10th. The company provided earnings per share (EPS) guidance of $5.50-$5.90 for the period, compared to the consensus earnings per share 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 variety of retail and institutional investors. Top institutional investors include abrdn plc (3.58%), William Blair Investment Management LLC (2.52%), Copeland Capital Management LLC (2.05%), Trigran Investments Inc. (1.50%), Granite Investment Partners LLC (1.34%) and Mutual of America Capital Management LLC (1.00%). Insiders that own company stock include Craig S Shular, Gregory R Chemnitz and Vinod M Khilnani.
View institutional ownership trends.

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.

One share of MTRN stock can currently be purchased for approximately $94.29.

Materion (NYSE:MTRN) has a market capitalization of $1.93 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.

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.