NYSE:MTX Minerals Technologies - MTX Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $67.44 -0.30 (-0.44%) (As of 01/30/2023 12:00 AM ET) Add Compare Share Share Today's Range$67.22▼$68.4350-Day Range$56.64▼$67.9252-Week Range$49.38▼$72.41Volume85,482 shsAverage Volume115,004 shsMarket Capitalization$2.19 billionP/E Ratio15.58Dividend Yield0.30%Price Target$81.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Minerals Technologies MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside20.1% Upside$81.00 Price TargetShort InterestHealthy0.97% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.85Based on 6 Articles This WeekInsider TradingSelling Shares$1.11 M Sold Last QuarterProj. Earnings Growth7.79%From $5.39 to $5.81 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.2.60 out of 5 starsBasic Materials Sector28th out of 160 stocksIndustrial Inorganic Chemicals Industry2nd out of 10 stocks 2.2 Analyst's Opinion Consensus RatingMinerals Technologies has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $81.00, Minerals Technologies has a forecasted upside of 20.1% from its current price of $67.44.Amount of Analyst CoverageMinerals Technologies has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.97% 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 2.1, 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 18.82%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldMinerals Technologies has a dividend yield of 0.30%, 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 4.62%. 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 3.44% 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 2.7 News and Social Media Coverage News SentimentMinerals Technologies has a news sentiment score of 0.85. 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 0.37 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Minerals Technologies this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for MTX on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Minerals Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,105,671.00 in company stock.Percentage Held by InsidersOnly 3.40% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Minerals Technologies are expected to grow by 7.79% in the coming year, from $5.39 to $5.81 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Minerals Technologies is 15.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.18.Price to Earnings Ratio vs. SectorThe P/E ratio of Minerals Technologies is 15.58, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 86.75.Price to Book Value per Share RatioMinerals Technologies has a P/B Ratio of 1.42. 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 HeadlinesJanuary 29, 2023 | finance.yahoo.comAre Investors Undervaluing Minerals Technologies Inc. (NYSE:MTX) By 39%?January 27, 2023 | americanbankingnews.comMinerals Technologies Inc. (MTX) to Issue Quarterly Dividend of $0.05 on March 9thJanuary 30, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.January 22, 2023 | americanbankingnews.comMinerals Technologies Inc. Expected to Earn Q2 2023 Earnings of $1.54 Per Share (NYSE:MTX)January 2, 2023 | finance.yahoo.comShould You Continue to Hold Minerals Technologies (MTX)?December 20, 2022 | marketwatch.comThe Mineral Insulated Cable Industry research study includes biographies of significant players, along with crucial financial data and comparisons.December 19, 2022 | finance.yahoo.comMinerals Technologies Inc.'s (NYSE:MTX) Has Performed Well But Fundamentals Look Varied: Is There A Clear Direction For The Stock?December 14, 2022 | marketwatch.comMineral Wool Market is in Huge Demand | Global Growth, Historic Analysis, Future Trends, Growth Opportunity and Forecast till 2028January 30, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.December 10, 2022 | apnews.comGovernment’s Critical Minerals Strategy Recognizes Canada’s Once-in-a-Generation Opportunity to Lead Low Carbon TransitionDecember 9, 2022 | technews.tmcnet.comMinister Wilkinson Releases Canada's $3.8-billion Critical Minerals Strategy to Seize Generational Opportunity for Clean, Inclusive GrowthNovember 14, 2022 | marketwatch.comMinerals Technologies Names Erik Aldag as Financial Chief >MTXNovember 14, 2022 | finance.yahoo.comErik Aldag Named Chief Financial Officer, Minerals Technologies Inc.November 3, 2022 | finance.yahoo.comThe one-year shareholder returns and company earnings persist lower as Minerals Technologies (NYSE:MTX) stock falls a further 7.3% in past weekOctober 29, 2022 | seekingalpha.comMinerals Technologies Inc. (MTX) Q3 2022 Earnings Call TranscriptOctober 27, 2022 | finance.yahoo.comMinerals Technologies Reports Third Quarter 2022 Earnings Per Share of $0.41, or $1.35 Excluding Special ItemsOctober 27, 2022 | finance.yahoo.comMinerals Technologies (MTX) Q3 Earnings Lag EstimatesOctober 26, 2022 | msn.comEarnings Preview: Minerals TechnologiesOctober 18, 2022 | finance.yahoo.comHere's Why Minerals Technologies (NYSE:MTX) Has Caught The Eye Of InvestorsOctober 14, 2022 | nasdaq.comWe Think Minerals Technologies (NYSE:MTX) Can Stay On Top Of Its DebtSeptember 20, 2022 | uk.finance.yahoo.comAt US$57.56, Is It Time To Put Minerals Technologies Inc. (NYSE:MTX) On Your Watch List?September 20, 2022 | nasdaq.comIs Minerals Technologies Inc. (NYSE:MTX) Trading At A 42% Discount?August 28, 2022 | seekingalpha.comMinerals Technologies (MTX) Investor Presentation - SlideshowAugust 23, 2022 | finance.yahoo.comUnion Carbide Chemicals & Plastics Co. Inc. -- Moody's announces completion of a periodic review for a group of Chemical issuersAugust 21, 2022 | finance.yahoo.comMinerals Technologies Inc. (NYSE:MTX) Shares Could Be 35% Below Their Intrinsic Value EstimateJuly 29, 2022 | fool.comMinerals Technologies (MTX) Q2 2022 Earnings Call TranscriptJuly 29, 2022 | finance.yahoo.comMinerals Technologies (MTX) Surpasses Q2 Earnings and Revenue EstimatesSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Company Calendar Last Earnings11/04/2021Ex-Dividend for 12/8 Dividend11/01/2022Dividend Payable12/08/2022Today1/30/2023Next Earnings (Confirmed)2/02/2023Ex-Dividend for 3/9 Dividend2/15/2023Dividend Payable3/09/2023Fiscal 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) 878-1800Fax212-878-1802Employees3,961Year FoundedN/APrice Target and Rating Average Stock Price Forecast$81.00 High Stock Price Forecast$87.00 Low Stock Price Forecast$75.00 Forecasted Upside/Downside+20.1%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$4.33 Trailing P/E Ratio15.58 Forward P/E Ratio12.51 P/E GrowthN/ANet Income$164.40 million Net Margins6.85% Pretax Margin8.57% Return on Equity11.46% Return on Assets5.31% Debt Debt-to-Equity Ratio0.62 Current Ratio2.18 Quick Ratio1.48 Sales & Book Value Annual Sales$1.86 billion Price / Sales1.18 Cash Flow$7.91 per share Price / Cash Flow8.53 Book Value$47.44 per share Price / Book1.42Miscellaneous Outstanding Shares32,450,000Free Float31,347,000Market Cap$2.19 billion OptionableOptionable Beta1.28 Key ExecutivesDouglas T. DietrichChairman & Chief Executive OfficerDouglas W. MaygerSenior Vice President & Head-Global OperationsErik C. AldagChief Financial Officer, Treasurer & SVP-FinanceTimothy J. JordanSecretary, Chief Compliance Officer & VPBrett ArgirakisSenior VP & MD-MTI Global Supply ChainKey CompetitorsTronoxNYSE:TROXKronos WorldwideNYSE:KROValhiNYSE:VHICompañía de Minas Buenaventura S.A.A.NYSE:BVNCarpenter TechnologyNYSE:CRSView All CompetitorsInsiders & InstitutionsFoundry Partners LLCBought 7,724 shares on 1/30/2023Ownership: 0.193%New York State Teachers Retirement SystemSold 1,000 shares on 1/27/2023Ownership: 0.222%Natixis Advisors L.P.Bought 10,708 shares on 1/27/2023Ownership: 0.033%Exchange Traded Concepts LLCBought 671 shares on 1/27/2023Ownership: 0.002%Inspire Investing LLCSold 168 shares on 1/26/2023Ownership: 0.015%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 twelve months. There are currently 2 hold ratings and 1 buy rating 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 1 year price targets for Minerals Technologies' stock. Their MTX share price forecasts range from $75.00 to $87.00. On average, they predict the company's stock price to reach $81.00 in the next twelve months. This suggests a possible upside of 20.1% 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 on January 1st, 2023. Since then, MTX stock has increased by 11.1% and is now trading at $67.44. View the best growth stocks for 2023 here. Are investors shorting Minerals Technologies? Minerals Technologies saw a drop in short interest during the month of December. As of December 30th, there was short interest totaling 383,200 shares, a drop of 22.2% from the December 15th total of 492,800 shares. Based on an average daily trading volume, of 156,900 shares, the short-interest ratio is presently 2.4 days. Approximately 1.2% of the company's stock 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, February 2nd 2023. View our MTX earnings forecast. How can I listen to Minerals Technologies' earnings call? Minerals Technologies will be holding an earnings conference call on Friday, February 3rd at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Minerals Technologies' earnings last quarter? Minerals Technologies Inc. (NYSE:MTX) announced its earnings results on Thursday, November, 4th. The basic materials company reported $1.30 earnings per share for the quarter, beating the consensus estimate of $1.24 by $0.06. The basic materials company earned $473.20 million during the quarter, compared to the consensus estimate of $473.24 million. Minerals Technologies had a net margin of 6.85% and a trailing twelve-month return on equity of 11.46%. The firm's revenue for the quarter was up 21.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.92 earnings per share. How often does Minerals Technologies pay dividends? What is the dividend yield for Minerals Technologies? Minerals Technologies announced a quarterly dividend on Wednesday, January 25th. Shareholders of record on Thursday, February 16th will be given a dividend of $0.05 per share on Thursday, March 9th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.30%. The ex-dividend date of this dividend is Wednesday, February 15th. 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 0.30%. The dividend payout ratio is 4.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MTX will have a dividend payout ratio of 3.44% 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 many different retail and institutional investors. Top institutional shareholders include Boston Trust Walden Corp (1.73%), Allspring Global Investments Holdings LLC (1.15%), Ceredex Value Advisors LLC (0.80%), New York State Teachers Retirement System (0.22%), Foundry Partners LLC (0.19%) and Yousif Capital Management LLC (0.06%). 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 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 $67.44. How much money does Minerals Technologies make? Minerals Technologies (NYSE:MTX) has a market capitalization of $2.19 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 $4.33 on an earnings per share basis. How many employees does Minerals Technologies have? The company 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 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 1/30/2023 by MarketBeat.com Staff 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. 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