Materion Corporation Company Profile (NYSE:MTRN)

Materion Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTRN."

Materion Corporation declared a quarterly dividend on Wednesday, May 3rd. Investors of record on Wednesday, May 17th will be paid a dividend of $0.10 per share on Friday, June 2nd. This represents a $0.40 annualized dividend and a yield of 1.03%. The ex-dividend date of this dividend is Monday, May 15th. This is an increase from Materion Corporation's previous quarterly dividend of $0.10. View Materion Corporation's Dividend History.

Materion Corporation (NYSE:MTRN) announced its quarterly earnings results on Thursday, July, 27th. The company reported $0.42 EPS for the quarter, beating the Zacks' consensus estimate of $0.40 by $0.02. The company earned $295.80 million during the quarter, compared to the consensus estimate of $254.28 million. Materion Corporation had a net margin of 2.40% and a return on equity of 5.50%. The company's revenue was up 18.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.31 earnings per share. View Materion Corporation's Earnings History.

Materion Corporation is scheduled to release their next quarterly earnings announcement on Thursday, July, 27th 2017. View Earnings Estimates for Materion Corporation.

Materion Corporation issued an update on its FY17 earnings guidance on Thursday, July, 27th. The company provided earnings per share (EPS) guidance of $1.45-1.60 for the period, compared to the Thomson Reuters consensus estimate of $1.52.

1 brokerages have issued twelve-month target prices for Materion Corporation's stock. Their predictions range from $34.00 to $35.00. On average, they expect Materion Corporation's stock price to reach $34.50 in the next year. View Analyst Ratings for Materion Corporation.

Here are some recent quotes from research analysts about Materion Corporation stock:

• 1. According to Zacks Investment Research, "Materion Corporation, formerly known as Brush Engineered Materials Inc., through its wholly-owned subsidiaries is engaged in the production and supply of high-performance engineered materials in the United States and internationally. Products offered by the Company comprise precious and non-precious specialty metals, inorganic chemicals and powders, specialty coatings, specialty engineered beryllium alloys, beryllium and beryllium composites, and engineered clad and plated metal systems. Materion Corporation is headquartered in Mayfield Heights, Ohio. " (7/4/2017)
• 2. Jefferies Group LLC analysts commented, "MTRN reported adj. 4Q16 EPS of $0.28, which was within its prior guidance range but came in below expectations. The company flagged a number of presumably transitory headwinds but expects its Heraeus acquisition, cost reductions and new products to more than offset and result in earnings growth in 2017. However, MTRN's 2017 EPS guide of $1.45-1.60 fell short of expectations. Maintain Hold." (2/21/2017)

Some companies that are related to Materion Corporation include Innospec (IOSP), Coeur Mining (CDE), NovaGold Resources (NG), Elementis plc (ELM), Ferrexpo Plc (FXPO), Neenah Paper (NP), Atkore International Group (ATKR), Osisko Gold Royalties Ltd (OR), First Majestic Silver Corp. (AG), Breedon Group PLC (BREE), Orion Engineered Carbons S.A (OEC), Sirius Minerals PLC (SXX), Silver Standard Resources (SSRI), Dominion Diamond Corporation (DDC), Sibanye Gold Limited (SBGL), Kraton Corporation (KRA), TriMas Corp (TRS) and Valhi (VHI).

Materion Corporation's management team includes the folowing people:

• Richard J. Hipple, Executive Chairman of the Board
• Jugal K. Vijayvargiya, President, Chief Executive Officer, Director
• Joseph P. Kelley, Chief Financial Officer, Vice President - Finance
• Gregory R. Chemnitz, Vice President, Legal Counsel, Corporate Secretary
• Stephen Shamrock, Vice President, Corporate Controller and Investor Relations
• Christopher E. Eberhardt, Vice President - Tax, Treasury
• William B. Lawrence, Lead Independent Director
• Joseph P. Keithley, Independent Director
• Vinod M. Khilnani, Independent Director
• N. Mohan Reddy Ph.D., Independent Director

Materion Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Acadian Asset Management LLC (0.47%), Bank of Montreal Can (0.26%), Russell Investments Group Ltd. (0.18%), Great West Life Assurance Co. Can (0.14%), Nisa Investment Advisors LLC (0.12%) and Strs Ohio (0.10%). Company insiders that own Materion Corporation stock include Craig S Shular and Richard J Hipple. View Institutional Ownership Trends for Materion Corporation.

Materion Corporation's stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Russell Investments Group Ltd., Strs Ohio, Pillar Pacific Capital Management LLC and Capstone Asset Management Co.. Company insiders that have sold Materion Corporation stock in the last year include Craig S Shular and Richard J Hipple. View Insider Buying and Selling for Materion Corporation.

Materion Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can, State of Alaska Department of Revenue, Great West Life Assurance Co. Can, Aperio Group LLC, Eqis Capital Management Inc., First Midwest Bank Trust Division, Municipal Employees Retirement System of Michigan and Nisa Investment Advisors LLC. View Insider Buying and Selling for Materion Corporation.

Shares of Materion Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Materion Corporation stock can currently be purchased for approximately $38.75.