NYSE:MTX Minerals Technologies (MTX) Stock Forecast, Price & News $56.11 -2.37 (-4.05%) (As of 06/5/2023 ET) Add Compare Share Share Today's Range$55.81▼$58.3750-Day Range$55.49▼$61.6152-Week Range$49.38▼$73.57Volume168,058 shsAverage Volume150,283 shsMarket Capitalization$1.83 billionP/E Ratio15.90Dividend Yield0.36%Price Target$70.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Minerals Technologies MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside24.8% Upside$70.00 Price TargetShort InterestHealthy0.87% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.80Based on 5 Articles This WeekInsider TradingAcquiring Shares$49,994 Bought Last QuarterProj. Earnings Growth15.19%From $5.20 to $5.99 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.2.83 out of 5 starsBasic Materials Sector31st out of 166 stocksIndustrial Inorganic Chemicals Industry2nd out of 9 stocks 2.0 Analyst's Opinion Consensus RatingMinerals Technologies has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $70.00, Minerals Technologies has a forecasted upside of 24.8% from its current price of $56.11.Amount of Analyst CoverageMinerals Technologies has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.87% of the float of Minerals Technologies has been sold short.Short Interest Ratio / Days to CoverMinerals Technologies has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Minerals Technologies has recently decreased by 17.27%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldMinerals Technologies has a dividend yield of 0.34%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthMinerals Technologies does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Minerals Technologies is 5.67%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Minerals Technologies will have a dividend payout ratio of 3.34% next year. This indicates that Minerals Technologies 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 MTX. Previous Next 3.2 News and Social Media Coverage News SentimentMinerals Technologies has a news sentiment score of 0.80. 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 0.47 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Minerals Technologies this week, compared to 2 articles on an average week.Search Interest1 people have searched for MTX on MarketBeat in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Minerals Technologies insiders have bought more of their company's stock than they have sold. Specifically, they have bought $49,994.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 2.86% of the stock of Minerals Technologies is held by insiders.Percentage Held by Institutions96.57% of the stock of Minerals Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Minerals Technologies are expected to grow by 15.19% in the coming year, from $5.20 to $5.99 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Minerals Technologies is 15.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.84.Price to Earnings Ratio vs. SectorThe P/E ratio of Minerals Technologies is 15.90, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 93.69.Price to Book Value per Share RatioMinerals Technologies has a P/B Ratio of 1.13. 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 Minerals Technologies (NYSE:MTX) StockMinerals Technologies, Inc. is a resource and technology-based company. It develops, produces, and markets a range of mineral, mineral-based, and synthetic mineral products. It operates through the following four segments: Performance Materials, Specialty Minerals, Refractories and Energy Services. The Performance Materials segment supplies bentonite and bentonite-related products, chromite and leonardite. The Specialty Minerals segment produces and sells the synthetic mineral product precipitated calcium carbonate and processed mineral product quicklime, and mines mineral ores then processes and sells natural mineral products, primarily limestone and talc. The Refractories segment produces monolithic and shaped refractory materials and products, and also provides services and sells application and measurement equipment, and calcium metal and metallurgical wire products. The Energy Services segment provides services to improve the production, costs, compliance, and environmental impact of activities performed in oil & gas industry. The company was founded on February 19, 1968 and is headquartered in New York, NY.Read More Receive MTX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Minerals Technologies and its competitors with MarketBeat's FREE daily newsletter. Email Address MTX Stock News HeadlinesJune 3, 2023 | americanbankingnews.comReviewing Lithium & Boron Technology (OTCMKTS:LBTI) & Minerals Technologies (NYSE:MTX)May 30, 2023 | finance.yahoo.comMTX - Minerals Technologies Inc.June 6, 2023 | Legacy Research (Affiliate) (Ad)The “Amazon Secret Royalty Program” Can Help Anyone Retire Like RoyaltyA unique type of investment could help you make more money than you will need for the rest of your life. It’s what we call the “Amazon secret royalty program.” It’s an income stream that allows you to collect $1,000s… $10,000s… or more every year! Learn how to collect your first payout before June 13th.May 29, 2023 | finance.yahoo.comIs Minerals Technologies Inc.'s (NYSE:MTX) Recent Price Movement Underpinned By Its Weak Fundamentals?May 29, 2023 | americanbankingnews.comMinerals Technologies Inc. (NYSE:MTX) Announces Quarterly Dividend of $0.05May 18, 2023 | americanbankingnews.comMinerals Technologies (NYSE:MTX) Coverage Initiated by Analysts at StockNews.comMay 17, 2023 | marketwatch.comHow the price action of Minerals Technologies ($MTX) is used to our AdvantageMay 17, 2023 | msn.comMinerals Technologies (MTX) Declares $0.05 DividendJune 6, 2023 | Legacy Research (Affiliate) (Ad)The “Amazon Secret Royalty Program” Can Help Anyone Retire Like RoyaltyA unique type of investment could help you make more money than you will need for the rest of your life. It’s what we call the “Amazon secret royalty program.” It’s an income stream that allows you to collect $1,000s… $10,000s… or more every year! Learn how to collect your first payout before June 13th.May 17, 2023 | americanbankingnews.comAnalysts Set Minerals Technologies Inc. (NYSE:MTX) Target Price at $70.00April 29, 2023 | finance.yahoo.comInvestors Met With Slowing Returns on Capital At Minerals Technologies (NYSE:MTX)April 29, 2023 | finance.yahoo.comQ1 2023 Minerals Technologies Inc Earnings CallApril 27, 2023 | msn.comMinerals Technologies GAAP EPS of $1.14 beats by $0.09, revenue of $546.1M beats by $18.37MApril 27, 2023 | finance.yahoo.comMinerals Technologies Reports First Quarter 2023 Earnings of $1.14 Per ShareApril 26, 2023 | americanbankingnews.comMinerals Technologies (MTX) to Release Quarterly Earnings on ThursdayApril 25, 2023 | finance.yahoo.com15 Biggest Quarry Companies in the WorldApril 18, 2023 | benzinga.comMinerals Technologies Further Expands in China and India Paper MarketsApril 18, 2023 | finance.yahoo.comMinerals Technologies Further Expands in China and India Paper MarketsApril 18, 2023 | americanbankingnews.comMinerals Technologies Inc. to Post FY2024 Earnings of $6.51 Per Share, Seaport Res Ptn Forecasts (NYSE:MTX)April 18, 2023 | msn.comMap reveals Scottish and UK mining hotspots for crucial green tech minerals – including Loch Maree in the north-west HighlandsApril 13, 2023 | msn.comEU seeks quick critical minerals deal with US: officialApril 12, 2023 | finance.yahoo.comMinerals Technologies Announces First Quarter 2023 Conference CallApril 12, 2023 | finance.yahoo.comMinerals Technologies' (NYSE:MTX) investors will be pleased with their decent 52% return over the last three yearsMarch 31, 2023 | benzinga.comMinerals Technologies to Host Analyst and...March 30, 2023 | americanbankingnews.comAnalysts Set Minerals Technologies Inc. (NYSE:MTX) Price Target at $70.00March 29, 2023 | finance.yahoo.comMinerals Technologies to Host Analyst and Investor Day on May 24, 2023March 19, 2023 | nasdaq.comMinerals Technologies Enters Oversold Territory (MTX)See More Headlines MTX Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MTX Company Calendar Ex-Dividend for 3/9 Dividend2/15/2023Dividend Payable3/09/2023Last Earnings4/27/2023Ex-Dividend for 6/15 Dividend5/31/2023Today6/05/2023Dividend Payable6/15/2023Next Earnings (Estimated)7/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Industrial inorganic chemicals Sub-IndustrySpecialty Chemicals SectorBasic Materials Current SymbolNYSE:MTX CUSIP60315810 CIK891014 Webwww.mineralstech.com Phone(212) 878-1800Fax212-878-1802Employees4,070Year FoundedN/APrice Target and Rating Average Stock Price Forecast$70.00 High Stock Price Forecast$70.00 Low Stock Price Forecast$70.00 Forecasted Upside/Downside+24.8%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$3.53 Trailing P/E Ratio15.90 Forward P/E Ratio10.79 P/E GrowthN/ANet Income$122.20 million Net Margins5.36% Pretax Margin6.89% Return on Equity9.53% Return on Assets4.46% Debt Debt-to-Equity Ratio0.56 Current Ratio2.17 Quick Ratio1.45 Sales & Book Value Annual Sales$2.13 billion Price / Sales0.86 Cash Flow$7.52 per share Price / Cash Flow7.46 Book Value$49.71 per share Price / Book1.13Miscellaneous Outstanding Shares32,540,000Free Float31,612,000Market Cap$1.83 billion OptionableOptionable Beta1.30 Key ExecutivesDouglas T. DietrichChairman & Chief Executive OfficerErik C. AldagChief Financial Officer, Treasurer & SVP-FinanceTimothy J. JordanSecretary, Chief Compliance Officer & VPMichael A. CipollaChief Accounting Officer, VP & ControllerBrett ArgirakisGroup President-Performance MaterialsKey CompetitorsTronoxNYSE:TROXKronos WorldwideNYSE:KROIngevityNYSE:NGVTEldorado GoldNYSE:EGOGreen PlainsNASDAQ:GPREView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 416 shares on 5/26/2023Ownership: 0.014%Ameriprise Financial Inc.Bought 4,091 shares on 5/22/2023Ownership: 1.268%Putnam Investments LLCSold 7,698 shares on 5/22/2023Ownership: 0.020%JPMorgan Chase & Co.Bought 18,882 shares on 5/18/2023Ownership: 0.598%New York State Common Retirement FundSold 7,197 shares on 5/18/2023Ownership: 0.052%View All Insider TransactionsView All Institutional Transactions MTX Stock - Frequently Asked Questions Should I buy or sell Minerals Technologies stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Minerals Technologies in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" MTX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MTX, but not buy additional shares or sell existing shares. View MTX analyst ratings or view top-rated stocks. What is Minerals Technologies' stock price forecast for 2023? 3 Wall Street research analysts have issued twelve-month price targets for Minerals Technologies' stock. Their MTX share price forecasts range from $70.00 to $70.00. On average, they anticipate the company's share price to reach $70.00 in the next twelve months. This suggests a possible upside of 24.8% from the stock's current price. View analysts price targets for MTX or view top-rated stocks among Wall Street analysts. How have MTX shares performed in 2023? Minerals Technologies' stock was trading at $60.72 at the start of the year. Since then, MTX shares have decreased by 7.6% and is now trading at $56.11. View the best growth stocks for 2023 here. Are investors shorting Minerals Technologies? Minerals Technologies saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 279,800 shares, a decline of 17.3% from the April 30th total of 338,200 shares. Based on an average daily volume of 159,900 shares, the days-to-cover ratio is currently 1.7 days. Approximately 0.9% of the company's shares are short sold. View Minerals Technologies' Short Interest. When is Minerals Technologies' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023. View our MTX earnings forecast. How were Minerals Technologies' earnings last quarter? Minerals Technologies Inc. (NYSE:MTX) posted its quarterly earnings data on Thursday, April, 27th. The basic materials company reported $1.14 EPS for the quarter, beating the consensus estimate of $1.05 by $0.09. The basic materials company earned $546 million during the quarter, compared to analysts' expectations of $527.73 million. Minerals Technologies had a net margin of 5.36% and a trailing twelve-month return on equity of 9.53%. The firm's quarterly revenue was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.36 earnings per share. How often does Minerals Technologies pay dividends? What is the dividend yield for Minerals Technologies? Minerals Technologies declared a quarterly dividend on Tuesday, May 16th. Stockholders of record on Thursday, June 1st will be given a dividend of $0.05 per share on Thursday, June 15th. This represents a $0.20 dividend on an annualized basis and a yield of 0.36%. The ex-dividend date of this dividend is Wednesday, May 31st. Read our dividend analysis for MTX. What ETFs hold Minerals Technologies' stock? ETFs with the largest weight of Minerals Technologies (NYSE:MTX) stock in their portfolio include Invesco S&P SmallCap Materials ETF (PSCM), Qraft AI-Enhanced Next Value ETF (NVQ), First Trust Small Cap Value AlphaDEX Fund (FYT), SPDR S&P 600 Small Cap Value ETF (SLYV), iShares US Small Cap Value Factor ETF (SVAL), iShares S&P Small-Cap 600 Value ETF (IJS), Vanguard S&P Small-Cap 600 Value ETF (VIOV) and Dimensional US Small Cap Value ETF (DFSV). 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 0.34%. The dividend payout ratio is 5.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MTX will have a dividend payout ratio of 3.34% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MTX. What is Douglas T. Dietrich's approval rating as Minerals Technologies' CEO? 4 employees have rated Minerals Technologies Chief Executive Officer Douglas T. Dietrich on Glassdoor.com. Douglas T. Dietrich has an approval rating of 29% among the company's 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 a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (16.24%), Dimensional Fund Advisors LP (7.19%), Macquarie Group Ltd. (5.85%), Victory Capital Management Inc. (4.72%), State Street Corp (3.80%) and Franklin Resources Inc. (3.48%). Insiders that own company stock include Andrew M Jones, Brett Argirakis, Dj Monagle III, Douglas T Dietrich, Douglas W Mayger, Jonathan J Hastings, Michael Cipolla, Rocky Motwani and Thomas J Meek. View institutional ownership trends. How do I buy shares of Minerals Technologies? Shares of MTX 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 Minerals Technologies' stock price today? One share of MTX stock can currently be purchased for approximately $56.11. How much money does Minerals Technologies make? Minerals Technologies (NYSE:MTX) has a market capitalization of $1.83 billion and generates $2.13 billion in revenue each year. The basic materials company earns $122.20 million in net income (profit) each year or $3.53 on an earnings per share basis. How many employees does Minerals Technologies have? The company employs 4,070 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 the company 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 6/6/2023 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 Minerals Technologies Inc. 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. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.