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S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
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S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
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S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
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NYSE:MTRN

Materion Stock Forecast, Price & News

$68.48
-0.02 (-0.03 %)
(As of 02/26/2021 12:00 AM ET)
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Today's Range
$67.53
Now: $68.48
$68.65
50-Day Range
$66.71
MA: $68.55
$72.01
52-Week Range
$26.15
Now: $68.48
$72.53
Volume180,822 shs
Average Volume104,357 shs
Market Capitalization$1.39 billion
P/E Ratio57.07
Dividend Yield0.67%
Beta1.47
Materion Corporation manufactures and sells advanced engineered materials used in semiconductor, industrial, aerospace and defense, automotive, energy, consumer electronics, and telecom and data center markets in the United States, Asia, Europe, and internationally. The company operates through Performance Alloys and Composites, Advanced Materials, and Precision Coatings segments. The Performance Alloys and Composites segment provides copper and nickel products in plate, rod, bar, tube, strip, wire product forms, as well as other customized shapes; thick precision strip products; beryllium hydroxide; and beryllium products, such as beryllium composites, ceramics, and engineered clad and plated metal systems, as well as aluminum silicon carbide metal matrix. This segment also produces strip metal products with clad inlay and overlay metals consisting of precious and base metals electroplated systems, electron beam welded systems, contour profiled systems, and solder-coated metal systems. The Advanced Materials segment provides advanced chemicals, microelectronics packaging, precious and non-precious metals, and specialty metal products, including vapor deposition targets, frame lid assemblies, clad and precious metal pre-forms, high temperature braze materials, and ultra-fine wires. The Precision Coatings segment produces sputter-coated precision thin film coatings and optical filter materials. It distributes its products through company-owned facilities, and independent distributors and agents. The company has a strategic collaboration with Kairos Power to develop and supply materials for advanced reactor technology. The company was formerly known as Brush Engineered Materials Inc. and changed its name to Materion Corporation in 2011. Materion Corporation was founded in 1931 and is headquartered in Mayfield Heights, Ohio.
Materion logo

Industry, Sector and Symbol

Industry Metal forgings & stampings
Sub-IndustryDiversified Metals & Mining
CUSIP57669010
Phone216-486-4200
Employees2,600
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.19 billion
Cash Flow$5.20 per share
Book Value$29.93 per share

Profitability

Net Income$50.66 million

Miscellaneous

Market Cap$1.39 billion
Next Earnings Date4/22/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

1.97 out of 5 stars

Basic Materials Sector

50th out of 832 stocks

Metal Forgings & Stampings Industry

1st out of 8 stocks

Analyst Opinion: 1.5Community Rank: 2.3Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
$68.48
-0.02 (-0.03 %)
(As of 02/26/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Materion (NYSE:MTRN) Frequently Asked Questions

Is Materion a buy right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Materion in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Materion stock.
View analyst ratings for Materion
or view top-rated stocks.

What stocks does MarketBeat like better than Materion?

Wall Street analysts have given Materion a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Materion wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Materion's next earnings date?

Materion is scheduled to release its next quarterly earnings announcement on Thursday, April 22nd 2021.
View our earnings forecast for Materion
.

How were Materion's earnings last quarter?

Materion Co. (NYSE:MTRN) posted its quarterly earnings results on Wednesday, February, 17th. The basic materials company reported $0.70 earnings per share for the quarter, beating analysts' consensus estimates of $0.58 by $0.12. Materion had a trailing twelve-month return on equity of 7.29% and a net margin of 2.22%.
View Materion's earnings history
.

How has Materion's stock been impacted by Coronavirus?

Materion's stock was trading at $39.11 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MTRN shares have increased by 75.1% and is now trading at $68.48.
View which stocks have been most impacted by COVID-19
.

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

Materion announced a quarterly dividend on Thursday, February 4th. Investors of record on Wednesday, February 17th will be given a dividend of $0.115 per share on Friday, March 5th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.67%. The ex-dividend date is Tuesday, February 16th.
View Materion's dividend history
.

Is Materion a good dividend stock?

Materion pays an annual dividend of $0.46 per share and currently has a dividend yield of 0.67%. Materion has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Materion is 14.42%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Materion will have a dividend payout ratio of 15.86% next year. This indicates that Materion will be able to sustain or increase its dividend.
View Materion's dividend history.

What guidance has Materion issued on next quarter's earnings?

Materion updated its first quarter 2021 Pre-Market earnings guidance on Thursday, February, 18th. The company provided earnings per share guidance of 0.58-0.62 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.63.

What price target have analysts set for MTRN?

2 brokers have issued 1-year price targets for Materion's stock. Their forecasts range from $66.00 to $80.00. On average, they anticipate Materion's stock price to reach $73.00 in the next twelve months. This suggests a possible upside of 6.6% from the stock's current price.
View analysts' price targets for Materion
or view top-rated stocks among Wall Street analysts.

Who are Materion's key executives?

Materion's management team includes the following people:
  • Mr. Jugal K. Vijayvargiya, CEO, Pres & Director (Age 53, Pay $2.65M)
  • Mr. Gregory R. Chemnitz, VP, Gen. Counsel & Sec. (Age 63, Pay $739.6k)
  • Ms. Shelly M. Chadwick, VP of Fin. & CFO
  • Mr. Marc Rands, VP of Global Operations
  • Dr. Ian Tribick, Pres of Precision Coatings & Chief Technology Officer
  • Mr. Steven J. Holt, Chief Information Officer (Age 57)
  • Mr. Stephen F. Shamrock, VP of Investor Relations & Fin. and Corp. Controller
  • Dr. Stephen Freeman, Pres of International Bus. Devel.
  • Mr. Allen F. Reid, Chief HR Officer
  • Mr. Guido Beyss, Pres of Europe, Middle East & Africa (EMEA)

What is Jugal K. Vijayvargiya's approval rating as Materion's CEO?

13 employees have rated Materion CEO Jugal K. Vijayvargiya on Glassdoor.com. Jugal K. Vijayvargiya has an approval rating of 52% among Materion's employees. This puts Jugal K. Vijayvargiya in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Materion's key competitors?

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 560192 (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 shareholders include BlackRock Inc. (16.77%), Dimensional Fund Advisors LP (7.12%), Vaughan Nelson Investment Management L.P. (3.46%), Barrow Hanley Mewhinney & Strauss LLC (2.73%), Northern Trust Corp (2.54%) and Nuveen Asset Management LLC (2.33%). Company insiders that own Materion stock include Craig S Shular, Gregory R Chemnitz and Vinod M Khilnani.
View institutional ownership trends for Materion
.

Which major investors are selling Materion stock?

MTRN stock was sold by a variety of institutional investors in the last quarter, including Walthausen & Co. LLC, Renaissance Technologies LLC, Dimensional Fund Advisors LP, Assenagon Asset Management S.A., Royce & Associates LP, Panagora Asset Management Inc., Barrow Hanley Mewhinney & Strauss LLC, and Healthcare of Ontario Pension Plan Trust Fund. Company insiders that have sold Materion company stock in the last year include Gregory R Chemnitz, and Vinod M Khilnani.
View insider buying and selling activity for Materion
or view top insider-selling stocks.

Which major investors are buying Materion stock?

MTRN stock was bought by a variety of institutional investors in the last quarter, including Copeland Capital Management LLC, BlackRock Inc., Nuveen Asset Management LLC, Morgan Stanley, Heartland Advisors Inc., Vaughan Nelson Investment Management L.P., JPMorgan Chase & Co., and Roubaix Capital LLC.
View insider buying and selling activity for Materion
or or view top insider-buying stocks.

How do I buy shares of Materion?

Shares of MTRN 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 $68.48.

How much money does Materion make?

Materion has a market capitalization of $1.39 billion and generates $1.19 billion in revenue each year. The basic materials company earns $50.66 million in net income (profit) each year or $3.19 on an earnings per share basis.

How many employees does Materion have?

Materion employs 2,600 workers across the globe.

What is Materion's official website?

The official website for Materion is www.materion.com.

Where are Materion's headquarters?

Materion is headquartered at 6070 PARKLAND BOULEVARD, MAYFIELD HEIGHTS OH, 44124.

How can I contact Materion?

Materion's mailing address is 6070 PARKLAND BOULEVARD, MAYFIELD HEIGHTS OH, 44124. The basic materials company can be reached via phone at 216-486-4200 or via email at [email protected]


This page was last updated on 2/27/2021 by MarketBeat.com Staff

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