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Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Wall Street climbs to add more to its strong January
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S&P 500   3,852.36
DOW   32,920.46
QQQ   294.62
7 Safe Investments with Relatively High Returns for 2023
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Lucid Group's Buyout Rumors Continue
These AI, Cloud Stocks are Down Significantly, Not For Long
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Dividend King Sysco: Buying On The Dip 
Will Caterpillar Dig Its Way To Another Buying Opportunity? 
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Wall Street climbs to add more to its strong January
Verizon, Charter Trend Higher In Past Month: Are They Buys Now?
S&P 500   3,852.36
DOW   32,920.46
QQQ   294.62
7 Safe Investments with Relatively High Returns for 2023
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Lucid Group's Buyout Rumors Continue
These AI, Cloud Stocks are Down Significantly, Not For Long
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Dividend King Sysco: Buying On The Dip 
Will Caterpillar Dig Its Way To Another Buying Opportunity? 
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Wall Street climbs to add more to its strong January
Verizon, Charter Trend Higher In Past Month: Are They Buys Now?
S&P 500   3,852.36
DOW   32,920.46
QQQ   294.62
7 Safe Investments with Relatively High Returns for 2023
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Lucid Group's Buyout Rumors Continue
These AI, Cloud Stocks are Down Significantly, Not For Long
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Dividend King Sysco: Buying On The Dip 
Will Caterpillar Dig Its Way To Another Buying Opportunity? 
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Wall Street climbs to add more to its strong January
Verizon, Charter Trend Higher In Past Month: Are They Buys Now?
NYSE:MTRN

Materion - MTRN Stock Forecast, Price & News

$90.25
+2.19 (+2.49%)
(As of 01/31/2023 12:00 AM ET)
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Compare
Today's Range
$87.51
$90.90
50-Day Range
$75.64
$96.54
52-Week Range
$64.89
$97.89
Volume
301,774 shs
Average Volume
142,857 shs
Market Capitalization
$1.85 billion
P/E Ratio
24.33
Dividend Yield
0.56%
Price Target
$102.33

Materion MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
13.4% 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

41st out of 163 stocks

Metal Forgings & Stampings Industry

2nd 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

Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
Materion (MTRN) Lags Q3 Earnings and Revenue Estimates
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
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
1/31/2023
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
+13.4%
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
$6.39 per share
Book Value
$35.25 per share

Miscellaneous

Free Float
20,097,000
Market Cap
$1.85 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 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 2023?

3 brokers have issued 12 month price objectives for Materion's shares. Their MTRN share price forecasts range from $92.00 to $120.00. On average, they anticipate the company's share price to reach $102.33 in the next twelve months. This suggests a possible upside of 13.4% 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 2023. Since then, MTRN shares have increased by 3.1% and is now trading at $90.25.
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 presently 3.7 days. Approximately 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 were Materion's earnings last quarter?

Materion Co. (NYSE:MTRN) issued its quarterly earnings results on Wednesday, November, 2nd. The basic materials company reported $1.19 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.45 by $0.26. The basic materials company had revenue of $428.19 million for 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 declared a quarterly dividend on Friday, October 28th. Stockholders 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 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 0.56%. 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 13.48%. 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 issued an update on its FY 2022 earnings guidance on Wednesday, November, 9th. The company provided earnings per share (EPS) 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 institutional and retail investors. Top institutional investors include Copeland Capital Management LLC (2.24%), Ziegler Capital Management LLC (0.79%), Phocas Financial Corp. (0.58%), Scout Investments Inc. (0.36%), Rice Hall James & Associates LLC (0.21%) and New York State Common Retirement Fund (0.21%). 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 $90.25.

How much money does Materion make?

Materion (NYSE:MTRN) has a market capitalization of $1.85 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 2/1/2023 by MarketBeat.com Staff