About Materion (NYSE:MTRN)
Materion 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
Industry METALS-NON FERR
Sub-IndustryDiversified Metals & Mining
Trailing P/E Ratio30.99
Forward P/E Ratio24.90
Sales & Book Value
Annual Sales$1.14 billion
Price / Sales0.91
Cash Flow$3.82 per share
Price / Cash13.55
Book Value$24.69 per share
Price / Book2.10
Net Income$11.45 million
Return on Equity6.95%
Return on Assets4.45%
Materion (NYSE:MTRN) Frequently Asked Questions
What is Materion's stock symbol?
Materion trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTRN."
How often does Materion pay dividends? What is the dividend yield for Materion?
Materion announced a quarterly dividend on Friday, February 9th. Investors of record on Wednesday, February 21st will be given a dividend of $0.10 per share on Wednesday, March 7th. This represents a $0.40 dividend on an annualized basis and a yield of 0.77%. The ex-dividend date is Tuesday, February 20th. View Materion's Dividend History.
How were Materion's earnings last quarter?
Materion Corp (NYSE:MTRN) issued its earnings results on Thursday, February, 15th. The basic materials company reported $0.51 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.38 by $0.13. The basic materials company had revenue of $308.67 million for the quarter, compared to analyst estimates of $285.50 million. Materion had a return on equity of 6.95% and a net margin of 1.00%. The firm's revenue was up 31.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.28 EPS. View Materion's Earnings History.
When will Materion make its next earnings announcement?
What guidance has Materion issued on next quarter's earnings?
Materion updated its FY18 earnings guidance on Thursday, February, 15th. The company provided EPS guidance of $1.95-2.10 for the period, compared to the Thomson Reuters consensus estimate of $1.98.
Where is Materion's stock going? Where will Materion's stock price be in 2018?
2 Wall Street analysts have issued 1-year price objectives for Materion's stock. Their forecasts range from $48.00 to $48.00. On average, they anticipate Materion's stock price to reach $48.00 in the next year. View Analyst Ratings for Materion.
Who are some of Materion's key competitors?
Some companies that are related to Materion include Nexa Resources (NEXA), Hudbay Minerals (HBM), Arch Coal, Inc. Class A (ARCH), Alamos Gold Inc (US) (AGI), Impala Platinum (IMPUY), Osisko Gold Royalties (OR), Tahoe Resources (TAHO), Hochschild Mining (HCHDF), Coeur Mining (CDE), Hecla Mining (HL), Pretium Resources (PVG), SSR Mining (SSRM), Hi-Crush Partners (HCLP), First Majestic Silver (AG), Harmony Gold Mining (HMY), Sibanye Gold (SBGL), African Barrick Gold (ABGLF) and Eldorado Gold (EGO).
Who are Materion's key executives?
Materion's management team includes the folowing people:
- Jugal K. Vijayvargiya, President, Chief Executive Officer, Director (Age 48)
- Joseph P. Kelley, Chief Financial Officer, Vice President - Finance (Age 44)
- Ian Tribick Ph.D., Chief Technology and Marketing Officer
- Gregory R. Chemnitz, Vice President, General Counsel and Secretary (Age 59)
- Stephen Shamrock, Vice President, Corporate Controller and Investor Relations
- Christopher E. Eberhardt, Vice President - Tax, Treasury
- Marc Rands, Vice President - Global Operations
- Neil Sater, Vice President - Commercial Excellence
- Vinod M. Khilnani, Non-Executive Chairman of the Board (Age 65)
- Joseph P. Keithley, Independent Director (Age 69)
Has Materion been receiving favorable news coverage?
Press coverage about MTRN stock has trended somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Materion earned a media sentiment score of 0.19 on Accern's scale. They also gave media coverage about the basic materials company an impact score of 46.01 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
Who are Materion's major shareholders?
Materion's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.63%), Gamco Investors INC. ET AL (3.35%), NWQ Investment Management Company LLC (3.31%), Gabelli Funds LLC (1.63%), Amundi Pioneer Asset Management Inc. (1.59%) and Acadian Asset Management LLC (1.57%). Company insiders that own Materion stock include Craig S Shular, Gregory R Chemnitz, Joseph P Keithley, Joseph P Kelley, N Mohan Reddy and Richard J Hipple. View Institutional Ownership Trends for Materion.
Which institutional investors are selling Materion stock?
MTRN stock was sold by a variety of institutional investors in the last quarter, including NWQ Investment Management Company LLC, Thrivent Financial For Lutherans, Gamco Investors INC. ET AL, Gabelli Funds LLC, Citadel Advisors LLC, Bank of New York Mellon Corp, Phocas Financial Corp. and Pinnacle Associates Ltd.. Company insiders that have sold Materion company stock in the last year include Craig S Shular, Gregory R Chemnitz, Joseph P Keithley, Joseph P Kelley, N Mohan Reddy and Richard J Hipple. View Insider Buying and Selling for Materion.
Which institutional investors are buying Materion stock?
MTRN stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, ACK Asset Management LLC, Acadian Asset Management LLC, BlackRock Inc., WINTON GROUP Ltd, Kennedy Capital Management Inc., Arrowstreet Capital Limited Partnership and Bogle Investment Management L P DE. View Insider Buying and Selling for Materion.
How do I buy shares of Materion?
Shares of MTRN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Materion's stock price today?
One share of MTRN stock can currently be purchased for approximately $51.80.
How big of a company is Materion?
Materion has a market capitalization of $1.07 billion and generates $1.14 billion in revenue each year. The basic materials company earns $11.45 million in net income (profit) each year or $0.56 on an earnings per share basis. Materion employs 2,700 workers across the globe.
How can I contact Materion?
Materion's mailing address is 6070 PARKLAND BOULEVARD, MAYFIELD HEIGHTS OH, 44124. The basic materials company can be reached via phone at 216-486-4200 or via email at [email protected]
MarketBeat Community Rating for Materion (MTRN)MarketBeat's community ratings are surveys of what our community members think about Materion 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.
Materion (NYSE:MTRN) Earnings History and Estimates Chart
Materion (NYSE MTRN) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|4/27/2018|| || || || || || || || |
|2/15/2018||Q4 2017||$0.38||$0.51||$285.50 million||$308.67 million||View||Listen|
|10/26/2017||Q3 2017||$0.40||$0.50||$290.96 million||$294.27 million||View||N/A|
|7/27/2017||Q2 2017||$0.40||$0.42||$254.28 million||$295.80 million||View||N/A|
|4/28/2017||Q1 2017||$0.28||$0.29||$231.58 million||$240.67 million||View||N/A|
|2/17/2017||Q416||$0.33||$0.28||$236.22 million||$234.30 million||View||N/A|
|10/27/2016||Q316||$0.35||$0.46||$252.86 million||$249.60 million||View||Listen|
|7/28/2016||Q216||$0.29||$0.31||$235.29 million||$249.80 million||View||Listen|
|4/29/2016||Q116||$0.24||$0.27||$218.82 million||$235.51 million||View||Listen|
|2/18/2016||Q415||$0.33||$0.36||$244.08 million||$214.00 million||View||Listen|
|10/29/2015||Q3||$0.40||$0.40||$279.00 million||$244.50 million||View||Listen|
|7/30/2015||Q215||$0.42||$0.43||$295.92 million||$276.86 million||View||Listen|
|4/30/2015||Q115||$0.36||$0.41||$268.45 million||$290.00 million||View||N/A|
|2/19/2015||Q414||$0.44||$0.50||$164.20 million||$288.40 million||View||N/A|
|10/23/2014||Q314||$0.43||$0.51||$295.33 million||$291.60 million||View||Listen|
|7/24/2014||Q214||$0.46||$0.47||$172.48 million||$287.97 million||View||N/A|
|4/24/2014||Q114||$0.24||$0.29||$276.50 million||$258.90 million||View||N/A|
|2/26/2014||Q413||$0.23||$0.34||$273.91 million||$286.14 million||View||N/A|
|10/24/2013||Q313||$0.20||$0.20||$297.70 million||$275.40 million||View||N/A|
|7/26/2013||Q2 2013||$0.41||$0.43||$323.65 million||$306.10 million||View||N/A|
|4/25/2013||Q1 2013||$0.35||$0.33||$314.79 million||$299.17 million||View||N/A|
|2/28/2013||Q4 2012||$0.27||$0.41||$288.55 million||$303.80 million||View||N/A|
Materion (NYSE:MTRN) Earnings Estimates
2018 EPS Consensus Estimate: $2.15
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Materion (NYSE:MTRN) Dividend Information
|Most Recent Dividend:||3/7/2018|
|Dividend Growth:||5.60% (3 Year Average)|
|Payout Ratio:||71.43% (Trailing 12 Months of Earnings) |
19.23% (Based on This Year's Estimates)
16.67% (Based on Next Year's Estimates)
|Track Record:||5 Years of Consecutive Dividend Growth|
Materion (NYSE:MTRN) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Materion (NYSE MTRN) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 2.90%
Institutional Ownership Percentage: 91.96%
Materion (NYSE MTRN) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|2/23/2018||Joseph P Kelley||VP||Sell||2,419||$51.43||$124,409.17|| |
|2/20/2018||Joseph P Keithley||Director||Sell||8,000||$50.60||$404,800.00||11,757|| |
|1/16/2018||Craig S Shular||Director||Sell||5,267||$52.73||$277,728.91|| |
|11/22/2017||Richard J Hipple||Director||Sell||4,364||$49.64||$216,628.96||37,760|| |
|11/16/2017||Richard J Hipple||Director||Sell||8,000||$49.76||$398,080.00||43,224|| |
|11/14/2017||Richard J Hipple||Director||Sell||9,713||$50.02||$485,844.26||52,591|| |
|11/8/2017||Richard J Hipple||Director||Sell||8,000||$50.00||$400,000.00||57,091|| |
|11/2/2017||Gregory R Chemnitz||VP||Sell||4,000||$50.16||$200,640.00||13,245|| |
|11/2/2017||N Mohan Reddy||Director||Sell||11,393||$50.11||$570,903.23|| |
|10/30/2017||Gregory R Chemnitz||VP||Sell||3,000||$49.60||$148,800.00||13,061|| |
|7/31/2017||Gregory R Chemnitz||VP||Sell||3,000||$38.29||$114,870.00||18,052|| |
|6/28/2017||Richard J Hipple||Insider||Sell||2,500||$37.38||$93,450.00||57,091|| |
|6/27/2017||Richard J Hipple||Insider||Sell||5,000||$37.05||$185,250.00||62,091|| |
|6/23/2017||Richard J Hipple||Insider||Sell||5,000||$37.22||$186,100.00||67,091|| |
|6/21/2017||Richard J Hipple||Insider||Sell||2,500||$37.16||$92,900.00||69,591|| |
|6/20/2017||Richard J Hipple||Insider||Sell||5,000||$36.80||$184,000.00||74,591|| |
|6/16/2017||Richard J Hipple||Insider||Sell||2,500||$36.17||$90,425.00||77,091|| |
|6/15/2017||Richard J Hipple||Insider||Sell||2,500||$36.04||$90,100.00||79,591|| |
|6/14/2017||Richard J Hipple||Insider||Sell||2,500||$36.19||$90,475.00||82,091|| |
|6/13/2017||Richard J Hipple||Insider||Sell||2,500||$36.26||$90,650.00||84,591|| |
|6/12/2017||Richard J Hipple||Insider||Sell||2,500||$37.39||$93,475.00||87,091|| |
|6/9/2017||Richard J Hipple||Insider||Sell||2,500||$36.37||$90,925.00||89,591|| |
|6/8/2017||Richard J Hipple||Insider||Sell||5,000||$35.22||$176,100.00||94,591|| |
|6/6/2017||Richard J Hipple||Insider||Sell||5,000||$34.68||$173,400.00||99,591|| |
|6/2/2017||Richard J Hipple||Insider||Sell||2,500||$34.64||$86,600.00||102,091|| |
|6/1/2017||Richard J Hipple||Insider||Sell||2,500||$34.11||$85,275.00||104,591|| |
|5/31/2017||Richard J Hipple||Insider||Sell||5,000||$33.95||$169,750.00||109,591|| |
|5/30/2017||Richard J Hipple||Chairman||Sell||2,500||$34.33||$85,825.00||109,591|| |
|5/26/2017||Richard J Hipple||Insider||Sell||5,000||$34.17||$170,850.00||114,591|| |
|5/24/2017||Richard J Hipple||Insider||Sell||2,500||$34.53||$86,325.00||117,091|| |
|5/23/2017||Richard J Hipple||Insider||Sell||5,000||$34.47||$172,350.00||122,091|| |
|5/19/2017||Richard J Hipple||Insider||Sell||2,500||$34.17||$85,425.00||124,591|| |
|3/31/2017||Richard J Hipple||Insider||Sell||230||$32.58||$7,493.40||118,372|| |
|3/30/2017||Richard J Hipple||Insider||Sell||12,000||$32.11||$385,320.00||121,602|| |
|3/24/2017||Richard J Hipple||Insider||Sell||3,000||$32.37||$97,110.00||130,602|| |
|3/23/2017||Richard J Hipple||Insider||Sell||6,000||$32.59||$195,540.00||136,602|| |
|3/20/2017||Richard J Hipple||Insider||Sell||6,000||$33.16||$198,960.00||142,602|| |
|3/17/2017||Richard J Hipple||Insider||Sell||6,000||$33.64||$201,840.00||148,602|| |
|1/17/2017||Craig S Shular||Director||Sell||5,744||$38.94||$223,671.36||2,941|| |
|11/10/2014||John D Grampa||CFO||Sell||3,735||$38.58||$144,096.30|| |
|5/12/2014||John Grampa||CFO||Sell||2,830||$34.51||$97,663.30||28,565|| |
|5/12/2014||William Lawrence||Director||Sell||1,379||$34.54||$47,630.66||8,907|| |
|5/9/2014||John Grampa||CFO||Sell||12,170||$33.03||$401,975.10||28,564|| |
|5/9/2013||John D Grampa||CFO||Sell||15,000||$28.63||$429,450.00|| |
Materion (NYSE MTRN) News Headlines
|Comparing Kirkland Lake Gold (KL) & Materion (MTRN)|
www.americanbankingnews.com - March 21 at 3:14 AM
|Materion (MTRN) Upgraded by Zacks Investment Research to Buy|
www.americanbankingnews.com - March 18 at 10:12 AM
|Materion Corp (MTRN) Receives Consensus Recommendation of "Buy" from Analysts|
www.americanbankingnews.com - March 18 at 5:16 AM
|$304.15 Million in Sales Expected for Materion Corp (MTRN) This Quarter|
www.americanbankingnews.com - March 17 at 7:22 AM
|Materion and EDRO Announce Exclusive Distribution Agreement for Materion’s MoldMAX® Plastics Tooling Alloys|
finance.yahoo.com - March 15 at 5:00 PM
|$0.44 EPS Expected for Materion Corp (MTRN) This Quarter|
www.americanbankingnews.com - March 15 at 4:00 PM
|Is There Now An Opportunity In Materion Corporation (NYSE:MTRN)?|
finance.yahoo.com - March 14 at 5:46 PM
|Materion (MTRN) Soars to a 52-Week High, Time to Cash Out?|
finance.yahoo.com - March 14 at 10:23 AM
|Schwab Charles Investment Management Inc. Buys 15,838 Shares of Materion Corp (MTRN)|
www.americanbankingnews.com - March 5 at 6:43 AM
|Arrowstreet Capital Limited Partnership Has $3.81 Million Position in Materion Corp (MTRN)|
www.americanbankingnews.com - March 5 at 4:42 AM
|Materion (MTRN) Stock Rating Upgraded by ValuEngine|
www.americanbankingnews.com - March 4 at 2:23 PM
|Bogle Investment Management L P DE Takes $2.91 Million Position in Materion Corp (MTRN)|
www.americanbankingnews.com - March 4 at 4:54 AM
|Systematic Financial Management LP Purchases 1,165 Shares of Materion Corp (MTRN)|
www.americanbankingnews.com - February 28 at 5:38 PM
|Zacks Investment Research Upgrades Materion (MTRN) to "Hold"|
www.americanbankingnews.com - February 27 at 1:07 PM
|Clive A. Grannum Joins Materion as President, Performance Alloys and Composites|
finance.yahoo.com - February 26 at 9:18 AM
|Materion (MTRN) Lowered to "C+" at TheStreet|
www.americanbankingnews.com - February 25 at 8:46 PM
|Materion Corp (MTRN) Shares Sold by Citadel Advisors LLC|
www.americanbankingnews.com - February 25 at 4:56 AM
|Materion Corp (MTRN) VP Sells $124,409.17 in Stock|
www.americanbankingnews.com - February 23 at 6:50 PM
|Materion Corp (MTRN) Forecasted to Post Q1 2018 Earnings of $0.41 Per Share|
www.americanbankingnews.com - February 22 at 7:50 AM
|Materion Corp (MTRN) Given Average Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - February 21 at 11:50 AM
|Joseph P. Keithley Sells 8,000 Shares of Materion Corp (MTRN) Stock|
www.americanbankingnews.com - February 20 at 6:56 PM
|Research Analysts Offer Predictions for Materion Corp's Q1 2018 Earnings (MTRN)|
www.americanbankingnews.com - February 19 at 2:04 AM
|Jefferies Group Analysts Give Materion (MTRN) a $48.00 Price Target|
www.americanbankingnews.com - February 16 at 8:46 PM
|Materion Corporation to Host Earnings Call|
finance.yahoo.com - February 16 at 9:05 AM
|Materion (MTRN) Announces Quarterly Earnings Results, Beats Expectations By $0.13 EPS|
www.americanbankingnews.com - February 15 at 11:16 AM
|Materion (MTRN) Releases FY18 Earnings Guidance|
www.americanbankingnews.com - February 15 at 9:40 AM
|BRIEF-Materion Corp Reports Q4 Adjusted Earnings Per Share Of $0.51|
www.reuters.com - February 15 at 8:43 AM
|Materion Corporation Reports Fourth Quarter and Full-Year 2017 Financial Results and Provides 2018 Earnings Guidance|
finance.yahoo.com - February 15 at 8:43 AM
|Materion reports 4Q loss|
finance.yahoo.com - February 15 at 8:43 AM
|Zacks: Materion Corp (MTRN) Given Consensus Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - February 14 at 5:40 AM
|Materion Corp (MTRN) Expected to Post Quarterly Sales of $288.17 Million|
www.americanbankingnews.com - February 11 at 2:44 AM
|Materion Corp Announces Quarterly Dividend of $0.10 (MTRN)|
www.americanbankingnews.com - February 9 at 6:18 PM
| Analysts Expect Materion Corp (MTRN) Will Announce Earnings of $0.38 Per Share|
www.americanbankingnews.com - February 9 at 5:14 PM
|Materion Corporation Announces Annual Meeting Date and Declares Dividend|
finance.yahoo.com - February 9 at 9:15 AM
|Zacks: Materion Corp (MTRN) Given $45.50 Consensus Price Target by Brokerages|
www.americanbankingnews.com - February 8 at 12:07 PM
|Materion (MTRN) Scheduled to Post Earnings on Thursday|
www.americanbankingnews.com - February 8 at 2:16 AM
|Zacks: Analysts Set $45.50 Target Price for Materion Corp (MTRN)|
www.americanbankingnews.com - February 5 at 7:24 PM
|Materion Corporation Announces Appointment of Neil Sater as Vice President, Commercial Excellence|
finance.yahoo.com - February 1 at 4:23 PM
| Materion Corp (MTRN) Receives Consensus Recommendation of "Hold" from Analysts|
www.americanbankingnews.com - January 29 at 11:36 AM
|Zacks: Brokerages Anticipate Materion Corp (MTRN) Will Announce Quarterly Sales of $288.17 Million|
www.americanbankingnews.com - January 25 at 1:56 AM
| Brokerages Anticipate Materion Corp (MTRN) Will Announce Earnings of $0.38 Per Share|
www.americanbankingnews.com - January 23 at 7:12 PM
| Analysts Set $45.50 Target Price for Materion Corp (MTRN)|
www.americanbankingnews.com - January 21 at 5:20 PM
|Materion Corp (MTRN) Director Sells $277,728.91 in Stock|
www.americanbankingnews.com - January 18 at 7:34 PM
|Materion Corporation Announces Appointment of Marc Rands as Vice President, Global Operations|
finance.yahoo.com - January 18 at 10:59 AM
| Materion Corp (MTRN) Given Average Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - January 17 at 1:48 AM
|Materion (MTRN) Stock Rating Lowered by Zacks Investment Research|
www.americanbankingnews.com - January 14 at 5:46 PM
|FY2018 EPS Estimates for Materion Corp (MTRN) Reduced by Jefferies Group|
www.americanbankingnews.com - January 11 at 3:56 PM
|Research Analysts Offer Predictions for Materion Corp's FY2019 Earnings (MTRN)|
www.americanbankingnews.com - January 10 at 10:50 PM
|Materion (MTRN) Given Hold Rating at Jefferies Group|
www.americanbankingnews.com - January 10 at 12:44 AM
|Materion Corp (MTRN) Expected to Announce Quarterly Sales of $288.17 Million|
www.americanbankingnews.com - January 8 at 1:02 PM
Materion (NYSE:MTRN) SEC Filings
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Materion (NYSE:MTRN) Income Statement, Balance Sheet and Cash Flow Statement
Materion (NYSE MTRN) Stock Chart for Friday, March, 23, 2018