NYSE:MTRN Materion (MTRN) Stock Forecast, Price & News $100.34 -1.31 (-1.29%) (As of 05/31/2023 ET) Add Compare Share Share Today's Range$99.33▼$102.1150-Day Range$100.34▼$118.1152-Week Range$64.89▼$121.29Volume102,976 shsAverage Volume78,212 shsMarket Capitalization$2.07 billionP/E Ratio21.39Dividend Yield0.52%Price Target$128.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Materion MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside27.6% Upside$128.00 Price TargetShort InterestHealthy1.61% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment1.13Based on 3 Articles This WeekInsider TradingSelling Shares$493,482 Sold Last QuarterProj. Earnings Growth12.98%From $5.78 to $6.53 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.02 out of 5 starsBasic Materials Sector11th out of 164 stocksMetal Forgings & Stampings Industry1st out of 4 stocks 3.5 Analyst's Opinion Consensus RatingMaterion has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $128.00, Materion has a forecasted upside of 27.6% from its current price of $100.34.Amount of Analyst CoverageMaterion has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.61% of the float of Materion has been sold short.Short Interest Ratio / Days to CoverMaterion has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Materion has recently increased by 0.22%, indicating that investor sentiment is decreasing. Previous Next 3.3 Dividend Strength Dividend YieldMaterion has a dividend yield of 0.48%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthMaterion has been increasing its dividend for 11 years.Dividend CoverageThe dividend payout ratio of Materion is 10.66%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Materion will have a dividend payout ratio of 7.66% next year. This indicates that Materion will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MTRN. Previous Next 2.9 News and Social Media Coverage News SentimentMaterion has a news sentiment score of 1.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.33 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Materion this week, compared to 3 articles on an average week.Search Interest2 people have searched for MTRN on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added Materion to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Materion insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $493,482.00 in company stock.Percentage Held by InsidersOnly 2.30% of the stock of Materion is held by insiders.Percentage Held by Institutions95.66% of the stock of Materion is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Materion are expected to grow by 12.98% in the coming year, from $5.78 to $6.53 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Materion is 21.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.60.Price to Earnings Ratio vs. SectorThe P/E ratio of Materion is 21.39, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 91.92.Price to Book Value per Share RatioMaterion has a P/B Ratio of 2.52. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Materion (NYSE:MTRN) StockMaterion Corp. engages in the production of engineered materials used in a variety of electrical, electronic, thermal, and structural applications. It operates through the following business segments: Performance Materials, Electronic Materials, Precision Optics, and Other. The Performance Materials segment provides engineered solutions comprised of beryllium and non-beryllium. The Electronic Materials segment produces chemicals, microelectronics packaging, precious metal, non-precious metal, and specialty metal products. The Precision Optics segment designs and produces precision thin film coatings, optical filters, and assemblies. The Other segment includes unallocated corporate costs and assets. The company was founded in 1931 and is headquartered in Mayfield Heights, OH.Read More Receive MTRN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Materion and its competitors with MarketBeat's FREE daily newsletter. Email Address MTRN Stock News HeadlinesMay 28, 2023 | americanbankingnews.comMaterion Co. (MTRN) To Go Ex-Dividend on May 30thMay 22, 2023 | americanbankingnews.comInsider Selling: Materion Co. (NYSE:MTRN) VP Sells $242,674.90 in StockJune 1, 2023 | Edge On The Street (Ad)AI is Unstoppable. Now Is The Time!AI, or Artificial Intelligence, is all the rage right now. AI technologies are empowering users in every industry to increase sales, efficiency, and productivity. It's truly a case of adapt or fail.May 19, 2023 | msn.comMaterion (MTRN) Declares $0.13 DividendMay 19, 2023 | americanbankingnews.comMaterion (NYSE:MTRN) Stock Rating Upgraded by StockNews.comMay 16, 2023 | finance.yahoo.comMaterion to Participate in KeyBanc’s Industrials & Basic Materials ConferenceMay 12, 2023 | americanbankingnews.comInsider Selling: Materion Co. (NYSE:MTRN) Director Sells $250,806.82 in StockMay 5, 2023 | americanbankingnews.comQ2 2023 EPS Estimates for Materion Co. Cut by Analyst (NYSE:MTRN)June 1, 2023 | Edge On The Street (Ad)AI is Unstoppable. Now Is The Time!AI, or Artificial Intelligence, is all the rage right now. AI technologies are empowering users in every industry to increase sales, efficiency, and productivity. It's truly a case of adapt or fail.May 5, 2023 | americanbankingnews.comMaterion (NYSE:MTRN) Hits New 1-Year High After Earnings BeatMay 4, 2023 | finance.yahoo.comQ1 2023 Materion Corp Earnings CallMay 3, 2023 | seekingalpha.comMaterion Corporation 2023 Q1 - Results - Earnings Call PresentationMay 3, 2023 | finance.yahoo.comMaterion Corporation Reports Record First Quarter 2023 Results and Raises 2023 OutlookMay 3, 2023 | finance.yahoo.comMaterion (MTRN) Q1 Earnings Beat EstimatesMay 1, 2023 | americanbankingnews.comMaterion (MTRN) to Release Quarterly Earnings on WednesdayApril 23, 2023 | americanbankingnews.comMaterion Co. (NYSE:MTRN) Short Interest UpdateApril 21, 2023 | americanbankingnews.comCL King Boosts Materion (NYSE:MTRN) Price Target to $126.00April 20, 2023 | finance.yahoo.comMaterion Corporation to Announce First Quarter 2023 Financial Results on May 3April 20, 2023 | finance.yahoo.comAre Robust Financials Driving The Recent Rally In Materion Corporation's (NYSE:MTRN) Stock?April 20, 2023 | americanbankingnews.comMaterion (NYSE:MTRN) Reaches New 12-Month High Following Analyst UpgradeApril 19, 2023 | msn.comCL King Maintains Materion (MTRN) Buy RecommendationMarch 14, 2023 | finance.yahoo.comWheaton Precious Metals Corp. (WPM) Soars 6.9%: Is Further Upside Left in the Stock?March 2, 2023 | finance.yahoo.comMaterion Corporation to Hold Annual Shareholder’s Meeting May 17February 22, 2023 | seekingalpha.comMaterion Surges On Optimism For 2023 And BeyondFebruary 18, 2023 | finance.yahoo.comMaterion Full Year 2022 Earnings: EPS Beats ExpectationsFebruary 16, 2023 | finance.yahoo.comMaterion (MTRN) Tops Q4 Earnings EstimatesFebruary 16, 2023 | finance.yahoo.comMaterion Corporation Reports Record Fourth Quarter and Full-Year 2022 Financial Results and Provides 2023 OutlookSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive MTRN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Materion and its competitors with MarketBeat's FREE daily newsletter. Email Address MTRN Company Calendar Ex-Dividend for 3/10 Dividend2/22/2023Dividend Payable3/10/2023Last Earnings5/03/2023Ex-Dividend for 6/15 Dividend5/30/2023Today6/01/2023Dividend Payable6/15/2023Next Earnings (Estimated)8/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Metal forgings & stampings Sub-IndustryDiversified Metals & Mining SectorBasic Materials Current SymbolNYSE:MTRN CUSIP57669010 CIK1104657 Webwww.materion.com Phone(216) 486-4200Fax216-383-4091Employees3,723Year FoundedN/APrice Target and Rating Average Stock Price Forecast$128.00 High Stock Price Forecast$130.00 Low Stock Price Forecast$126.00 Forecasted Upside/Downside+27.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$4.69 Trailing P/E Ratio21.39 Forward P/E Ratio17.36 P/E GrowthN/ANet Income$85.99 million Net Margins5.57% Pretax Margin6.64% Return on Equity14.03% Return on Assets6.46% Debt Debt-to-Equity Ratio0.51 Current Ratio2.85 Quick Ratio1.08 Sales & Book Value Annual Sales$1.76 billion Price / Sales1.18 Cash Flow$7.70 per share Price / Cash Flow13.03 Book Value$39.89 per share Price / Book2.52Miscellaneous Outstanding Shares20,610,000Free Float20,135,000Market Cap$2.07 billion OptionableOptionable Beta1.08 Key ExecutivesJugal K. VijayvargiyaPresident, Chief Executive Officer & DirectorShelly M. ChadwickChief Financial Officer & Vice President-FinanceIan TribickCTO & President-Precision OpticsSteven J. HoltChief Information OfficerGregory R. ChemnitzSecretary, Vice President & General CounselKey CompetitorsStepanNYSE:SCLTriple Flag Precious MetalsNYSE:TFPMCarpenter TechnologyNYSE:CRSAlpha Metallurgical ResourcesNYSE:AMRCSW IndustrialsNASDAQ:CSWIView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 29,931 shares on 5/26/2023Ownership: 0.403%Ameriprise Financial Inc.Sold 66,491 shares on 5/22/2023Ownership: 1.804%JPMorgan Chase & Co.Sold 368 shares on 5/18/2023Ownership: 0.549%New York State Common Retirement FundSold 1,775 shares on 5/18/2023Ownership: 0.199%SkyView Investment Advisors LLCBought 1,000 shares on 5/18/2023Ownership: 0.005%View All Insider TransactionsView All Institutional Transactions MTRN Stock - Frequently Asked Questions Should I buy or sell Materion stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Materion in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street 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? 2 brokers have issued twelve-month price targets for Materion's stock. Their MTRN share price forecasts range from $126.00 to $130.00. On average, they predict the company's stock price to reach $128.00 in the next year. This suggests a possible upside of 27.6% 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 on January 1st, 2023. Since then, MTRN shares have increased by 14.7% and is now trading at $100.34. View the best growth stocks for 2023 here. When is Materion's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023. View our MTRN earnings forecast. How were Materion's earnings last quarter? Materion Co. (NYSE:MTRN) announced its earnings results on Wednesday, May, 3rd. The basic materials company reported $1.34 earnings per share for the quarter, topping analysts' consensus estimates of $1.29 by $0.05. The basic materials company had revenue of $442.50 million for the quarter, compared to analyst estimates of $447.10 million. Materion had a trailing twelve-month return on equity of 14.03% and a net margin of 5.57%. Materion's revenue was down 1.5% on a year-over-year basis. During the same period in the prior year, the firm posted $1.20 EPS. How often does Materion pay dividends? What is the dividend yield for Materion? Materion announced a quarterly dividend on Wednesday, May 17th. Shareholders of record on Wednesday, May 31st will be paid a dividend of $0.13 per share on Thursday, June 15th. This represents a $0.52 dividend on an annualized basis and a yield of 0.52%. The ex-dividend date of this dividend is Tuesday, May 30th. This is an increase from the stock's previous quarterly dividend of $0.13. Read our dividend analysis for MTRN. What ETFs hold Materion's stock? ETFs with the largest weight of Materion (NYSE:MTRN) stock in their portfolio include ProShares Smart Materials ETF (TINT), Invesco S&P SmallCap Materials ETF (PSCM), Invesco DWA Basic Materials Momentum ETF (PYZ), SPDR S&P Metals & Mining ETF (XME), Direxion Daily Metal Miners Bull 2X Shares (MNM), ProShares Russell 2000 Dividend Growers ETF (SMDV), First Trust Small Cap Growth AlphaDEX Fund (FYC) and Global X U.S. Infrastructure Development ETF (PAVE). 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 0.48%. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 10.66%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MTRN will have a dividend payout ratio of 7.66% 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 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share (EPS) guidance of $5.60-$6.00 for the period, compared to the consensus estimate of $5.56. 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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.86%), Dimensional Fund Advisors LP (6.08%), State Street Corp (5.00%), Trigran Investments Inc. (2.64%), Silvercrest Asset Management Group LLC (2.62%) and Copeland Capital Management LLC (2.45%). Insiders that own company stock include Craig S Shular, Emily M Liggett, 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 $100.34. How much money does Materion make? Materion (NYSE:MTRN) has a market capitalization of $2.07 billion and generates $1.76 billion in revenue each year. The basic materials company earns $85.99 million in net income (profit) each year or $4.69 on an earnings per share basis. How many employees does Materion have? The company employs 3,723 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 6/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Materion Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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