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NYSE:MTRN

Materion - MTRN Stock Forecast, Price & News

$91.45
+0.30 (+0.33%)
(As of 01/26/2023 12:00 AM ET)
Add
Compare
Today's Range
$90.36
$92.76
50-Day Range
$75.64
$96.54
52-Week Range
$64.89
$97.89
Volume
114,624 shs
Average Volume
140,737 shs
Market Capitalization
$1.88 billion
P/E Ratio
24.65
Dividend Yield
0.55%
Price Target
$102.33

Materion MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
11.9% Upside
$102.33 Price Target
Short Interest
Healthy
2.61% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
8.67%
From $5.19 to $5.64 Per Share

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 stars

Basic Materials Sector

30th out of 162 stocks

Metal Forgings & Stampings Industry

2nd 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.

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MTRN Stock News Headlines

The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
Materion (MTRN) Lags Q3 Earnings and Revenue Estimates
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
Materion (NYSE: MTRN)
See More Headlines
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MTRN Company Calendar

Last Earnings
11/02/2022
Ex-Dividend for 12/8 Dividend
11/15/2022
Dividend Payable
12/08/2022
Today
1/26/2023
Next Earnings (Estimated)
2/16/2023
Fiscal Year End
12/31/2023

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
$102.33
High Stock Price Forecast
$120.00
Low Stock Price Forecast
$92.00
Forecasted Upside/Downside
+11.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$72.47 million
Pretax Margin
4.89%

Debt

Sales & Book Value

Annual Sales
$1.51 billion
Cash Flow
$6.44 per share
Book Value
$35.25 per share

Miscellaneous

Free Float
20,097,000
Market Cap
$1.88 billion
Optionable
Optionable
Beta
1.12

Key Executives

  • Mr. Jugal K. Vijayvargiya (Age 55)
    CEO, Pres & Director
    Comp: $2.21M
  • Ms. Shelly M. Chadwick (Age 51)
    VP of Fin. & CFO
    Comp: $947.62k
  • Mr. Gregory R. Chemnitz (Age 65)
    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 Ph.D.
    Pres of Precision Optics & Chief Technology Officer
  • Mr. Steven J. Holt (Age 59)
    Chief Information Officer
  • Dr. Stephen Freeman
    Pres of International Bus. Devel.
  • Mr. Allen F. Reid
    Chief HR Officer
  • Mr. Michael D. Anderson (Age 71)
    Pres of Beryllium Products













MTRN Stock - Frequently Asked Questions

Should I buy or sell Materion stock right now?

3 Wall Street 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 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 twelve-month price targets for Materion's shares. Their MTRN share price forecasts range from $92.00 to $120.00. On average, they expect the company's share price to reach $102.33 in the next twelve months. This suggests a possible upside of 11.8% 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 the year. Since then, MTRN shares have increased by 4.6% and is now trading at $91.54.
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 currently 3.7 days. Currently, 2.5% of the shares of the stock 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) announced its earnings results on Wednesday, November, 2nd. The basic materials company reported $1.19 EPS for the quarter, missing the consensus estimate of $1.45 by $0.26. The basic materials company earned $428.19 million during 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 announced a quarterly dividend on Friday, October 28th. Investors 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 of this dividend 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 0.55%. 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 updated its FY 2022 earnings guidance on Wednesday, November, 9th. The company provided earnings per share guidance of $5.15-$5.25 for the period, compared to the consensus EPS 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 a variety of institutional and retail investors. Top institutional shareholders include Copeland Capital Management LLC (2.24%), Ziegler Capital Management LLC (0.79%), Phocas Financial Corp. (0.58%), Scout Investments Inc. (0.36%), Gilman Hill Asset Management LLC (0.17%) and Yousif Capital Management LLC (0.06%). 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 $91.54.

How much money does Materion make?

Materion (NYSE:MTRN) has a market capitalization of $1.88 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 1/26/2023 by MarketBeat.com Staff