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A gold storm is coming… (Ad)
Indian tycoon Adani hit by more losses, calls for probe
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S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
First-Time Investor? Here Are 9 Mistakes You Want To Avoid
A gold storm is coming… (Ad)
Ford Stock Going Forward After Big Earnings Flop
Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
A gold storm is coming… (Ad)
Closing prices for crude oil, gold and other commodities
AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
A gold storm is coming… (Ad)
Indian tycoon Adani hit by more losses, calls for probe
Ford, Starbucks fall; Clorox, Gilead Sciences rise
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
First-Time Investor? Here Are 9 Mistakes You Want To Avoid
A gold storm is coming… (Ad)
Ford Stock Going Forward After Big Earnings Flop
Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
A gold storm is coming… (Ad)
Closing prices for crude oil, gold and other commodities
AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
A gold storm is coming… (Ad)
Indian tycoon Adani hit by more losses, calls for probe
Ford, Starbucks fall; Clorox, Gilead Sciences rise
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
First-Time Investor? Here Are 9 Mistakes You Want To Avoid
A gold storm is coming… (Ad)
Ford Stock Going Forward After Big Earnings Flop
Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
A gold storm is coming… (Ad)
Closing prices for crude oil, gold and other commodities
AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
A gold storm is coming… (Ad)
Indian tycoon Adani hit by more losses, calls for probe
Ford, Starbucks fall; Clorox, Gilead Sciences rise
NYSE:MTRN

Materion - MTRN Stock Forecast, Price & News

$90.99
+0.49 (+0.54%)
(As of 02/3/2023 12:00 AM ET)
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Compare
Today's Range
$89.25
$91.68
50-Day Range
$75.64
$96.54
52-Week Range
$64.89
$97.89
Volume
222,779 shs
Average Volume
139,619 shs
Market Capitalization
$1.87 billion
P/E Ratio
24.53
Dividend Yield
0.55%
Price Target
$102.33

Materion MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
12.5% 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
0.66mentions of Materion in the last 14 days
Based on 3 Articles This Week
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.

2.57 out of 5 stars

Basic Materials Sector

34th out of 159 stocks

Metal Forgings & Stampings Industry

1st out of 4 stocks

MTRN stock logo

About Materion (NYSE:MTRN) Stock

Materion 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 headqu

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MTRN Stock News Headlines

A gold storm is coming…
“We are in the early stages of a mania – the calm before the storm.”...
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Materion (MTRN) Lags Q3 Earnings and Revenue Estimates
Materion (NYSE: MTRN)
See More Headlines
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MTRN Company Calendar

Last Earnings
11/02/2021
Ex-Dividend for 12/8 Dividend
11/15/2022
Dividend Payable
12/08/2022
Today
2/04/2023
Next Earnings (Confirmed)
2/16/2023
Ex-Dividend for 3/10 Dividend
2/22/2023
Dividend Payable
3/10/2023
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
+12.5%
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
$6.37 per share
Book Value
$35.25 per share

Miscellaneous

Free Float
20,097,000
Market Cap
$1.87 billion
Optionable
Optionable
Beta
1.12

Key Executives

  • Jugal K. Vijayvargiya
    President, Chief Executive Officer & Director
  • Shelly M. Chadwick
    Chief Financial Officer & Vice President-Finance
  • Ian Tribick
    CTO & President-Precision Coatings
  • Steven J. Holt
    Chief Information Officer
  • Gregory R. Chemnitz
    Secretary, Vice President & General Counsel













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 twelve months. 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 analysts have issued twelve-month price targets for Materion's stock. 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 12.5% 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 start of the year. Since then, MTRN shares have increased by 4.0% and is now trading at $90.99.
View the best growth stocks for 2023 here
.

Are investors shorting Materion?

Materion saw a increase in short interest in 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 days-to-cover ratio is presently 3.7 days. Currently, 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 can I listen to Materion's earnings call?

Materion will be holding an earnings conference call on Thursday, February 16th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 919-882-2331 with passcode "46830".

How were Materion's earnings last quarter?

Materion Co. (NYSE:MTRN) released its earnings results on Tuesday, November, 2nd. The basic materials company reported $1.10 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.84 by $0.26. The basic materials company earned $388.03 million during the quarter, compared to analysts' expectations of $370.30 million. Materion had a net margin of 4.47% and a trailing twelve-month return on equity of 13.42%. During the same quarter last year, the company posted $0.55 EPS.

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

Materion declared a quarterly dividend on Wednesday, February 1st. Stockholders of record on Thursday, February 23rd will be given a dividend of $0.125 per share on Friday, March 10th. This represents a $0.50 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date of this dividend is Wednesday, February 22nd.
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 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 retail and institutional investors. Top institutional investors include Copeland Capital Management LLC (2.24%), Ziegler Capital Management LLC (0.79%), Fisher Asset Management LLC (0.72%), Phocas Financial Corp. (0.58%), ProShare Advisors LLC (0.55%) and Scout Investments Inc. (0.36%). 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 $90.99.

How much money does Materion make?

Materion (NYSE:MTRN) has a market capitalization of $1.87 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 2/4/2023 by MarketBeat.com Staff