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S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Economic and National Security Threats Create Lithium Bonanza (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
The "Trojan Horse" Hiding Inside Of Biden's $2 Trillion Infrastructure Bill. (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Economic and National Security Threats Create Lithium Bonanza (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
The "Trojan Horse" Hiding Inside Of Biden's $2 Trillion Infrastructure Bill. (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Economic and National Security Threats Create Lithium Bonanza (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
The "Trojan Horse" Hiding Inside Of Biden's $2 Trillion Infrastructure Bill. (Ad)
NYSE:MTRN

Materion - MTRN Stock Forecast, Price & News

$88.65
-0.14 (-0.16%)
(As of 08/9/2022 12:00 AM ET)
Add
Compare
Today's Range
$88.12
$89.94
50-Day Range
$69.33
$88.99
52-Week Range
$68.01
$96.00
Volume
223,311 shs
Average Volume
97,570 shs
Market Capitalization
$1.82 billion
P/E Ratio
24.42
Dividend Yield
0.56%
Price Target
$105.00

Materion MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
18.4% Upside
$105.00 Price Target
Short Interest
Bearish
2.34% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.37mentions of Materion in the last 14 days
Based on 26 Articles This Week
Insider Trading
Selling Shares
$376,000 Sold Last Quarter
Proj. Earnings Growth
15.37%
From $5.53 to $6.38 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.67 out of 5 stars

Basic Materials Sector

28th out of 166 stocks

Metal Forgings & Stampings Industry

1st out of 4 stocks

MTRN stock logo

About Materion (NYSE:MTRN) Stock

Materion Corporation, through with its subsidiaries, produces advanced engineered materials used in semiconductor, industrial, aerospace and defense, automotive, energy, consumer electronics, and telecom and data center in the United States, Asia, Europe, and internationally. It operates through Performance Alloys and Composites, Advanced Materials, and Precision Optics segments. The Performance Alloys and Composites segment offers advanced engineered solutions comprising beryllium and non-beryllium containing alloy systems and custom engineered parts in strip, bulk, rod, plate, bar, tube, and other customized shapes. This segment operates the bertrandite ore mine and refinery located in Utah that provides feedstock hydroxide for its beryllium businesses and external sale. The Advances Materials segment produces 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-pure wire. This segment offers its products from its facilities, as well as through direct sales offices and independent sales representatives. The Precision Optics segment designs and produces precision thin film coatings, optical filters, and assemblies. This segment sells its directly from its facilities, as well as through direct sales offices and independent sales representatives throughout the world. The company was formerly known as Brush Engineered Materials Inc. and changed its name to Materion Corporation in 2011. Materion Corporation was incorporated in 1931 and is headquartered in Mayfield Heights, Ohio.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on MTRN. KeyCorp cut their price objective on Materion from $106.00 to $100.00 and set an "overweight" rating for the company in a research report on Friday, July 8th. CL King initiated coverage on Materion in a research report on Wednesday, July 6th. They set a "buy" rating and a $95.00 price objective for the company.

Materion Trading Down 0.2 %

MTRN Stock traded down $0.14 during midday trading on Tuesday, hitting $88.65. The stock had a trading volume of 223,311 shares, compared to its average volume of 97,570. The firm has a market cap of $1.82 billion, a PE ratio of 24.42 and a beta of 1.30. The company has a debt-to-equity ratio of 0.66, a current ratio of 3.36 and a quick ratio of 1.35. Materion has a 12-month low of $68.01 and a 12-month high of $96.00. The company's 50-day moving average price is $77.11 and its 200 day moving average price is $81.15.

Materion (NYSE:MTRN - Get Rating) last released 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 firm had revenue of $445.30 million during the quarter, compared to analysts' expectations of $455.48 million. Materion had a net margin of 4.47% and a return on equity of 13.45%. Materion's revenue for the quarter was up 20.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.86 EPS. On average, equities research analysts predict that Materion will post 5.53 earnings per share for the current fiscal year.

Insider Activity

In other news, VP Gregory R. Chemnitz sold 4,700 shares of the business's stock in a transaction on Friday, May 13th. The shares were sold at an average price of $80.00, for a total transaction of $376,000.00. Following the completion of the sale, the vice president now directly owns 17,195 shares of the company's stock, valued at approximately $1,375,600. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 2.10% of the company's stock.

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MTRN Stock News Headlines

Materion: Q2 Earnings Insights - Benzinga
Materion (MTRN) Q2 2022 Earnings Call Transcript
Materion (MTRN) Q2 Earnings Beat Estimates
Recap: Materion Q2 Earnings - Benzinga
Materion (MTRN) to Release Earnings on Wednesday
Materion and Kairos Power to Advance Clean Energy
See More Headlines
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MTRN Company Calendar

Ex-Dividend for 6/16 Dividend
5/26/2022
Dividend Payable
6/16/2022
Last Earnings
8/03/2022
Today
8/10/2022
Next Earnings (Estimated)
11/01/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Metal forgings & stampings
Sub-Industry
Diversified Metals & Mining
CUSIP
57669010
Employees
3,443
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$105.00
High Stock Price Forecast
$120.00
Low Stock Price Forecast
$95.00
Forecasted Upside/Downside
+18.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$72.47 million
Pretax Margin
4.84%

Debt

Sales & Book Value

Annual Sales
$1.51 billion
Cash Flow
$6.31 per share
Book Value
$35.25 per share

Miscellaneous

Free Float
20,080,000
Market Cap
$1.82 billion
Optionable
Optionable
Beta
1.30

Key Executives

  • Mr. Jugal K. Vijayvargiya (Age 54)
    CEO, Pres & Director
    Comp: $2.21M
  • Ms. Shelly M. Chadwick (Age 50)
    VP of Fin. & CFO
    Comp: $947.62k
  • Mr. Gregory R. Chemnitz (Age 64)
    VP, Gen. Counsel & Sec.
    Comp: $867.94k
  • Mr. Marc Rands
    VP of Global Operations
  • Mr. John Zaranec
    VP of Investor Relations, Corp. Controller & Chief Accounting Officer
  • Dr. Ian Tribick
    Pres of Precision Coatings & Chief Technology Officer
  • Mr. Steven J. Holt (Age 58)
    Chief Information Officer
  • Dr. Stephen Freeman
    Pres of International Bus. Devel.
  • Mr. Allen F. Reid
    Chief HR Officer
  • Mr. Michael D. Anderson (Age 70)
    Pres of Beryllium Products













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 2022?

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.
View analysts price targets for MTRN
or view top-rated stocks among Wall Street analysts.

How has Materion's stock performed in 2022?

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.
View the best growth stocks for 2022 here
.

When is Materion's next earnings date?

Materion is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our MTRN earnings forecast
.

How were Materion's earnings last quarter?

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.

How often does Materion pay dividends? What is the dividend yield for Materion?

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
.

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 13.77%. 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.

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

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 -.

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 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.
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 $88.65.

How much money does Materion make?

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.

How many employees does Materion have?

Materion 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 8/10/2022 by MarketBeat.com Staff

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