S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
A.I. ETF Sold Out Of Monster Energy, Three Ways To Look At It
The $193 Billion US-China War You Don't Know About (Ad)
Stock market today: Global shares mostly rise after House approves debt ceiling deal
Alibaba Unveils Its Spin-Off Plans
Graphite Shortage Could Derail the $7 Trillion EV Transition (Ad)
The Most Upgraded Stocks From The Q1 Earnings Season
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Graphite Shortage Could Derail the $7 Trillion EV Transition (Ad)
Can These Two Crypto Stocks Stage a Comeback?
Advance Auto Parts Backfires: Is This A Warning For The S&P 500?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
A.I. ETF Sold Out Of Monster Energy, Three Ways To Look At It
The $193 Billion US-China War You Don't Know About (Ad)
Stock market today: Global shares mostly rise after House approves debt ceiling deal
Alibaba Unveils Its Spin-Off Plans
Graphite Shortage Could Derail the $7 Trillion EV Transition (Ad)
The Most Upgraded Stocks From The Q1 Earnings Season
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Graphite Shortage Could Derail the $7 Trillion EV Transition (Ad)
Can These Two Crypto Stocks Stage a Comeback?
Advance Auto Parts Backfires: Is This A Warning For The S&P 500?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
A.I. ETF Sold Out Of Monster Energy, Three Ways To Look At It
The $193 Billion US-China War You Don't Know About (Ad)
Stock market today: Global shares mostly rise after House approves debt ceiling deal
Alibaba Unveils Its Spin-Off Plans
Graphite Shortage Could Derail the $7 Trillion EV Transition (Ad)
The Most Upgraded Stocks From The Q1 Earnings Season
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Graphite Shortage Could Derail the $7 Trillion EV Transition (Ad)
Can These Two Crypto Stocks Stage a Comeback?
Advance Auto Parts Backfires: Is This A Warning For The S&P 500?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
A.I. ETF Sold Out Of Monster Energy, Three Ways To Look At It
The $193 Billion US-China War You Don't Know About (Ad)
Stock market today: Global shares mostly rise after House approves debt ceiling deal
Alibaba Unveils Its Spin-Off Plans
Graphite Shortage Could Derail the $7 Trillion EV Transition (Ad)
The Most Upgraded Stocks From The Q1 Earnings Season
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Graphite Shortage Could Derail the $7 Trillion EV Transition (Ad)
Can These Two Crypto Stocks Stage a Comeback?
Advance Auto Parts Backfires: Is This A Warning For The S&P 500?
NYSE:MTRN

Materion (MTRN) Stock Forecast, Price & News

$100.34
-1.31 (-1.29%)
(As of 05/31/2023 ET)
Compare
Today's Range
$99.33
$102.11
50-Day Range
$100.34
$118.11
52-Week Range
$64.89
$121.29
Volume
102,976 shs
Average Volume
78,212 shs
Market Capitalization
$2.07 billion
P/E Ratio
21.39
Dividend Yield
0.52%
Price Target
$128.00

Materion MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
27.6% Upside
$128.00 Price Target
Short Interest
Healthy
1.61% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.13mentions of Materion in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$493,482 Sold Last Quarter
Proj. Earnings Growth
12.98%
From $5.78 to $6.53 Per Share

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 stars

Basic Materials Sector

11th out of 164 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. 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.

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.

MTRN Stock News Headlines

Materion Co. (MTRN) To Go Ex-Dividend on May 30th
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.
Materion (NYSE:MTRN) Stock Rating Upgraded by StockNews.com
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.
Q1 2023 Materion Corp Earnings Call
Materion (MTRN) Q1 Earnings Beat Estimates
Materion (MTRN) to Release Quarterly Earnings on Wednesday
Materion Co. (NYSE:MTRN) Short Interest Update
CL King Boosts Materion (NYSE:MTRN) Price Target to $126.00
Materion Surges On Optimism For 2023 And Beyond
Materion Full Year 2022 Earnings: EPS Beats Expectations
Materion (MTRN) Tops Q4 Earnings Estimates
See More Headlines
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.

MTRN Company Calendar

Ex-Dividend for 3/10 Dividend
2/22/2023
Dividend Payable
3/10/2023
Last Earnings
5/03/2023
Ex-Dividend for 6/15 Dividend
5/30/2023
Today
6/01/2023
Dividend Payable
6/15/2023
Next Earnings (Estimated)
8/02/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Metal forgings & stampings
Sub-Industry
Diversified Metals & Mining
CUSIP
57669010
Employees
3,723
Year Founded
N/A

Price 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 Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$85.99 million
Pretax Margin
6.64%

Debt

Sales & Book Value

Annual Sales
$1.76 billion
Cash Flow
$7.70 per share
Book Value
$39.89 per share

Miscellaneous

Free Float
20,135,000
Market Cap
$2.07 billion
Optionable
Optionable
Beta
1.08

Key Executives

  • Jugal K. Vijayvargiya
    President, Chief Executive Officer & Director
  • Shelly M. Chadwick
    Chief Financial Officer & Vice President-Finance
  • Ian Tribick
    CTO & President-Precision Optics
  • 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?

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
.

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

My Account -