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S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
NYSE:MTX

Minerals Technologies Stock Forecast, Price & News

$61.02
+2.27 (+3.86%)
(As of 06/24/2022 07:00 PM ET)
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Today's Range
$59.02
$61.34
50-Day Range
$57.93
$69.04
52-Week Range
$57.52
$81.86
Volume
257,800 shs
Average Volume
140,451 shs
Market Capitalization
$2.01 billion
P/E Ratio
12.18
Dividend Yield
0.33%
Price Target
$81.00
30 days | 90 days | 365 days | Advanced Chart

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MTX Stock Forecast (MarketRank)

Overall MarketRank

2.59 out of 5 stars

Basic Materials Sector

60th out of 241 stocks

Industrial Inorganic Chemicals Industry

5th out of 10 stocks

Analyst Opinion: 3.5Community Rank: 3.6Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
Minerals Technologies logo

About Minerals Technologies (NYSE:MTX)

Minerals Technologies Inc. develops, produces, and markets various specialty mineral, mineral-based, and synthetic mineral products, and supporting systems and services. The company operates through three segments: Performance Materials, Specialty Minerals and Refractories. The Performance Materials segment supplies bentonite and bentonite-related products, as well as leonardite. This segment also offers metal casting products; household, personal care, and specialty products; and basic minerals, environmental products, and building materials. In addition, it provides products for non-residential construction, environmental, and infrastructure projects, as well as for construction and remediation project customers. The Specialty Minerals segment produces and sells precipitated calcium carbonate and quicklime; and provides natural mineral products comprising limestone and talc. This segment's products are used in paper and packaging, building materials, paint and coatings, glass, ceramic, polymer, food, automotive, and pharmaceutical industries. The Refractories segment offers monolithic and shaped refractory materials; specialty products, services, and application and measurement equipment; and calcium metal and metallurgical wire products that are used in the applications of steel, non-ferrous metal, and glass industries. The company markets its products primarily through its direct sales force, as well as regional distributors. It serves in the United States, Canada, Latin America, Europe, Africa, and Asia. Minerals Technologies Inc. was incorporated in 1968 and is headquartered in New York, New York.

MTX Stock News Headlines

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Industry, Sector and Symbol

Industry
Industrial inorganic chemicals
Sub-Industry
Specialty Chemicals
CUSIP
60315810
Employees
3,961
Year Founded
N/A

Company Calendar

Last Earnings
4/28/2022
Ex-Dividend for 6/16 Dividend
6/01/2022
Dividend Payable
6/16/2022
Today
6/27/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$81.00
High Stock Price Forecast
$87.00
Low Stock Price Forecast
$75.00
Forecasted Upside/Downside
+32.7%
Consensus Rating
Buy
Rating Score (0-4)
3
Research Coverage
1 Analysts

Profitability

Net Income
$164.40 million
Pretax Margin
10.85%

Debt

Sales & Book Value

Annual Sales
$1.86 billion
Cash Flow
$7.93 per share
Book Value
$47.44 per share

Miscellaneous

Free Float
31,845,000
Market Cap
$2.01 billion
Optionable
Optionable
Beta
1.30














Minerals Technologies Frequently Asked Questions

Should I buy or sell Minerals Technologies stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Minerals Technologies in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Minerals Technologies stock.
View analyst ratings for Minerals Technologies
or view top-rated stocks.

What is Minerals Technologies' stock price forecast for 2022?

1 analysts have issued twelve-month price targets for Minerals Technologies' stock. Their MTX stock forecasts range from $75.00 to $87.00. On average, they anticipate Minerals Technologies' share price to reach $81.00 in the next year. This suggests a possible upside of 32.7% from the stock's current price.
View analysts' price targets for Minerals Technologies
or view top-rated stocks among Wall Street analysts.

How has Minerals Technologies' stock performed in 2022?

Minerals Technologies' stock was trading at $73.15 at the beginning of the year. Since then, MTX stock has decreased by 16.6% and is now trading at $61.02.
View the best growth stocks for 2022 here
.

Are investors shorting Minerals Technologies?

Minerals Technologies saw a increase in short interest in May. As of May 15th, there was short interest totaling 568,600 shares, an increase of 30.8% from the April 30th total of 434,800 shares. Based on an average trading volume of 153,700 shares, the short-interest ratio is presently 3.7 days. Approximately 1.8% of the shares of the stock are short sold.
View Minerals Technologies' Short Interest
.

When is Minerals Technologies' next earnings date?

Minerals Technologies is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for Minerals Technologies
.

How were Minerals Technologies' earnings last quarter?

Minerals Technologies Inc. (NYSE:MTX) issued its earnings results on Thursday, April, 28th. The basic materials company reported $1.36 earnings per share for the quarter, beating analysts' consensus estimates of $1.25 by $0.11. The basic materials company earned $519.10 million during the quarter, compared to the consensus estimate of $513.83 million. Minerals Technologies had a trailing twelve-month return on equity of 11.17% and a net margin of 8.75%. The company's revenue was up 14.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.17 EPS.
View Minerals Technologies' earnings history
.

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

Minerals Technologies announced a quarterly dividend on Tuesday, May 17th. Shareholders of record on Thursday, June 2nd will be given a dividend of $0.05 per share on Thursday, June 16th. This represents a $0.20 annualized dividend and a yield of 0.33%. The ex-dividend date of this dividend is Wednesday, June 1st.
View Minerals Technologies' dividend history
.

Is Minerals Technologies a good dividend stock?

Minerals Technologies(NYSE:MTX) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.33%. The dividend payout ratio of Minerals Technologies is 3.99%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Minerals Technologies will have a dividend payout ratio of 3.14% next year. This indicates that Minerals Technologies will be able to sustain or increase its dividend.
View Minerals Technologies' dividend history.

Who are Minerals Technologies' key executives?

Minerals Technologies' management team includes the following people:
  • Mr. Douglas T. Dietrich, Chairman & CEO (Age 53, Pay $4.16M)
  • Mr. Matthew E. Garth, Sr. VP of Fin. & Treasury and CFO (Age 48, Pay $1.56M)
  • Mr. Thomas J. Meek, Sr. VP, Gen. Counsel, Sec. & Chief Compliance Officer (Age 65, Pay $1.64M) (LinkedIn Profile)
  • Mr. D. J. Monagle III, Group Pres of Specialty Minerals & Refractories (Age 59, Pay $1.71M) (LinkedIn Profile)
  • Mr. Jonathan J. Hastings, Group Pres of Performance Materials (Age 59, Pay $1.73M)
  • Mr. Michael A. Cipolla, VP, Corp. Controller & Chief Accounting Officer (Age 64)
  • Erik Aldag, Head of Investor Relations
  • Michael Landau, Director of Corp. Communications
  • Ms. Erin N. Cutler, VP of HR (Age 34)
  • Mr. Douglas W. Mayger, Sr. VP & Head of Global Operations - Performance Materials (Age 64)

What is ​Douglas T. Dietrich's approval rating as Minerals Technologies' CEO?

4 employees have rated Minerals Technologies CEO ​Douglas T. Dietrich on Glassdoor.com. ​Douglas T. Dietrich has an approval rating of 29% among Minerals Technologies' employees. This puts ​Douglas T. Dietrich in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Minerals Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Minerals Technologies investors own include AT&T (T), AbbVie (ABBV), Carnival Co. & (CCL), Cisco Systems (CSCO), CVS Health (CVS), Gilead Sciences (GILD), Altria Group (MO), Omega Healthcare Investors (OHI), Pfizer (PFE) and Skyworks Solutions (SWKS).

What is Minerals Technologies' stock symbol?

Minerals Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTX."

Who are Minerals Technologies' major shareholders?

Minerals Technologies' stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.31%), Vanguard Group Inc. (9.82%), Dimensional Fund Advisors LP (6.19%), Victory Capital Management Inc. (3.96%), American Century Companies Inc. (3.47%) and State Street Corp (3.20%). Company insiders that own Minerals Technologies stock include Andrew M Jones, Dj Monagle III, Douglas T Dietrich, Douglas W Mayger, Jonathan J Hastings, Michael Cipolla and Thomas J Meek.
View institutional ownership trends for Minerals Technologies
.

Which institutional investors are selling Minerals Technologies stock?

MTX stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Foundry Partners LLC, Chartwell Investment Partners LLC, Royce & Associates LP, Assenagon Asset Management S.A., Prudential Financial Inc., Goldman Sachs Group Inc., and Northern Trust Corp. Company insiders that have sold Minerals Technologies company stock in the last two years include Andrew M Jones, Dj Monagle III, Douglas T Dietrich, Douglas W Mayger, Jonathan J Hastings, Michael Cipolla, and Thomas J Meek.
View insider buying and selling activity for Minerals Technologies
or view top insider-selling stocks.

Which institutional investors are buying Minerals Technologies stock?

MTX stock was acquired by a variety of institutional investors in the last quarter, including Eaton Vance Management, Hancock Whitney Corp, American Century Companies Inc., Ceredex Value Advisors LLC, State Street Corp, Vanguard Group Inc., Bank of America Corp DE, and Dimensional Fund Advisors LP.
View insider buying and selling activity for Minerals Technologies
or or view top insider-buying stocks.

How do I buy shares of Minerals Technologies?

Shares of MTX 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 Minerals Technologies' stock price today?

One share of MTX stock can currently be purchased for approximately $61.02.

How much money does Minerals Technologies make?

Minerals Technologies (NYSE:MTX) has a market capitalization of $2.01 billion and generates $1.86 billion in revenue each year. The basic materials company earns $164.40 million in net income (profit) each year or $5.01 on an earnings per share basis.

How many employees does Minerals Technologies have?

Minerals Technologies employs 3,961 workers across the globe.

How can I contact Minerals Technologies?

Minerals Technologies' mailing address is 622 THIRD AVENUE, NEW YORK NY, 10017. The official website for Minerals Technologies is www.mineralstech.com. The basic materials company can be reached via phone at (212) 878-1800 or via fax at 212-878-1802.

This page (NYSE:MTX) was last updated on 6/27/2022 by MarketBeat.com Staff

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