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S&P 500   4,282.37
DOW   33,762.76
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MarketBeat Week in Review – 5/29 - 6/2
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
[BREAKING] Small Firm Wins $1 Billion Army Contract for Breakthrough "Living Software" (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Oil tanker breaks down in Egypt's Suez Canal, disrupting traffic in the global waterway
[BREAKING] Small Firm Wins $1 Billion Army Contract for Breakthrough "Living Software" (Ad)
With oil prices slumping, OPEC+ producers weigh more production cuts
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
[BREAKING] Small Firm Wins $1 Billion Army Contract for Breakthrough "Living Software" (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Oil tanker breaks down in Egypt's Suez Canal, disrupting traffic in the global waterway
[BREAKING] Small Firm Wins $1 Billion Army Contract for Breakthrough "Living Software" (Ad)
With oil prices slumping, OPEC+ producers weigh more production cuts
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
[BREAKING] Small Firm Wins $1 Billion Army Contract for Breakthrough "Living Software" (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Oil tanker breaks down in Egypt's Suez Canal, disrupting traffic in the global waterway
[BREAKING] Small Firm Wins $1 Billion Army Contract for Breakthrough "Living Software" (Ad)
With oil prices slumping, OPEC+ producers weigh more production cuts
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
NYSE:MTX

Minerals Technologies (MTX) Stock Forecast, Price & News

$58.48
+2.96 (+5.33%)
(As of 06/2/2023 ET)
Compare
Today's Range
$56.10
$58.60
50-Day Range
$55.49
$61.61
52-Week Range
$49.38
$73.57
Volume
197,840 shs
Average Volume
115,692 shs
Market Capitalization
$1.90 billion
P/E Ratio
16.57
Dividend Yield
0.34%
Price Target
$70.00

Minerals Technologies MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
19.7% Upside
$70.00 Price Target
Short Interest
Healthy
0.87% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.49mentions of Minerals Technologies in the last 14 days
Based on 7 Articles This Week
Insider Trading
Acquiring Shares
$49,994 Bought Last Quarter
Proj. Earnings Growth
15.19%
From $5.20 to $5.99 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.75 out of 5 stars

Basic Materials Sector

20th out of 163 stocks

Industrial Inorganic Chemicals Industry

2nd out of 9 stocks


MTX stock logo

About Minerals Technologies (NYSE:MTX) Stock

Minerals 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.

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MTX Stock News Headlines

MTX - Minerals Technologies Inc.
"Unknown laser company making HUGE profit from Russia-Ukraine War"
On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>
"Unknown laser company making HUGE profit from Russia-Ukraine War"
On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>
Q1 2023 Minerals Technologies Inc Earnings Call
15 Biggest Quarry Companies in the World
Minerals Technologies to Host Analyst and...
See More Headlines

MTX Price History

MTX Company Calendar

Ex-Dividend for 3/9 Dividend
2/15/2023
Dividend Payable
3/09/2023
Last Earnings
4/27/2023
Ex-Dividend for 6/15 Dividend
5/31/2023
Today
6/03/2023
Dividend Payable
6/15/2023
Next Earnings (Estimated)
7/27/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Industrial inorganic chemicals
Sub-Industry
Specialty Chemicals
CUSIP
60315810
Employees
4,070
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$70.00
High Stock Price Forecast
$70.00
Low Stock Price Forecast
$70.00
Forecasted Upside/Downside
+19.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$122.20 million
Pretax Margin
6.89%

Debt

Sales & Book Value

Annual Sales
$2.13 billion
Cash Flow
$8.26 per share
Book Value
$50.95 per share

Miscellaneous

Free Float
31,502,000
Market Cap
$1.90 billion
Optionable
Optionable
Beta
1.30

Key Executives

  • Douglas T. Dietrich
    Chairman & Chief Executive Officer
  • Erik C. Aldag
    Chief Financial Officer, Treasurer & SVP-Finance
  • Timothy J. Jordan
    Secretary, Chief Compliance Officer & VP
  • Michael A. Cipolla
    Chief Accounting Officer, VP & Controller
  • Brett Argirakis
    Group President-Performance Materials













MTX Stock - Frequently Asked Questions

Should I buy or sell Minerals Technologies stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Minerals Technologies in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street equities research 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 brokerages have issued 12 month price objectives for Minerals Technologies' stock. Their MTX share price forecasts range from $70.00 to $70.00. On average, they expect the company's share price to reach $70.00 in the next year. This suggests a possible upside of 19.7% 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 beginning of the year. Since then, MTX stock has decreased by 3.7% and is now trading at $58.48.
View the best growth stocks for 2023 here
.

Are investors shorting Minerals Technologies?

Minerals Technologies saw a decrease in short interest in May. As of May 15th, there was short interest totaling 279,800 shares, a decrease of 17.3% from the April 30th total of 338,200 shares. Based on an average trading volume of 159,900 shares, the days-to-cover ratio is currently 1.7 days. Approximately 0.9% of the shares of the company are sold short.
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) announced its quarterly earnings data on Thursday, April, 27th. The basic materials company reported $1.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.09. The basic materials company had revenue of $546 million for the quarter, compared to the consensus estimate of $527.73 million. Minerals Technologies had a trailing twelve-month return on equity of 9.53% and a net margin of 5.36%. The firm's revenue for the quarter was up 5.2% compared to the same quarter last year. During the same period in the prior year, the firm 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 annualized dividend and a yield of 0.34%. The ex-dividend date is Wednesday, May 31st.
Read our dividend analysis for MTX
.

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 0.36%. 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 variety 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 $58.48.

How much money does Minerals Technologies make?

Minerals Technologies (NYSE:MTX) has a market capitalization of $1.90 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 6/4/2023 by MarketBeat.com Staff

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