Minerals Technologies Company Profile (NYSE:MTX)

About Minerals Technologies (NYSE:MTX)

Minerals Technologies Inc. is a resource- and technology-based company that develops, produces and markets a range of specialty mineral, mineral-based and synthetic mineral products and supporting systems and services around the world. It operates through five segments. The Specialty Minerals produces and sells the synthetic mineral product precipitated calcium carbonate (PCC) and processed mineral product quicklime (lime). The Refractories segment produces and markets monolithic and shaped refractory materials and specialty products, services and application and measurement equipment, and calcium metal and metallurgical wire products. The Performance Materials segment is a supplier of bentonite and bentonite-related product. The Construction Technologies segment provides products for non-residential construction, environmental and infrastructure projects. The Energy Services segment offers a range of services for off-shore filtration and well testing to the oil and gas industry.

Industry, Sector and Symbol:

Sector: Basic Materials
Industry: Specialty Chemicals - NEC
Sub-Industry: Specialty Chemicals
Symbol: NYSE:MTX
CUSIP: 60315810
Web: www.mineralstech.com

Capitalization:

Market Cap: $2.28106 billion
Outstanding Shares: 35,093,000

Average Prices:

50 Day Moving Avg: $71.08
200 Day Moving Avg: $74.49
52 Week Range: $63.30 - $83.85

P/E:

Trailing P/E Ratio: 14.52
Foreward P/E Ratio: 12.64
P/E Growth: 1.75

Sales & Book Value:

Annual Revenue: $1.62 billion
Price / Sales: 1.38
Book Value: $31.73 per share
Price / Book: 2.01

Dividend:

Annual Dividend: $0.20
Dividend Yield: 0.3%

Profitability:

EBIDTA: $349.2 million
Net Margins: 9.62%
Return on Equity: 15.04%
Return on Assets: 5.56%

Debt:

Debt-to-Equity Ratio: 0.89%
Current Ratio: 2.70%
Quick Ratio: 1.98%

Misc:

Average Volume: 123,277 shs.
Beta: 2.2
Short Ratio: 2.41

Frequently Asked Questions for Minerals Technologies (NYSE:MTX)

What is Minerals Technologies' stock symbol?

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

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

Minerals Technologies declared a quarterly dividend on Wednesday, July 19th. Investors of record on Friday, August 25th will be paid a dividend of $0.05 per share on Thursday, September 7th. This represents a $0.20 dividend on an annualized basis and a yield of 0.31%. The ex-dividend date of this dividend is Wednesday, August 23rd. View Minerals Technologies' Dividend History.

How were Minerals Technologies' earnings last quarter?

Minerals Technologies Inc. (NYSE:MTX) announced its earnings results on Thursday, August, 3rd. The company reported $1.23 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.24 by $0.01. The business had revenue of $414.10 million for the quarter, compared to analyst estimates of $427.21 million. Minerals Technologies had a net margin of 9.62% and a return on equity of 15.04%. View Minerals Technologies' Earnings History.

When will Minerals Technologies make its next earnings announcement?

Minerals Technologies is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Minerals Technologies.

What guidance has Minerals Technologies issued on next quarter's earnings?

Minerals Technologies updated its third quarter earnings guidance on Friday, August, 4th. The company provided earnings per share (EPS) guidance of $1.15-1.20 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.24.

Where is Minerals Technologies' stock going? Where will Minerals Technologies' stock price be in 2017?

1 analysts have issued 12 month price objectives for Minerals Technologies' stock. Their predictions range from $80.00 to $80.00. On average, they expect Minerals Technologies' stock price to reach $80.00 in the next year. View Analyst Ratings for Minerals Technologies.

Who are some of Minerals Technologies' key competitors?

Some companies that are related to Minerals Technologies include Valvoline (VVV), Versum Materials (VSM), Sensient Technologies Corporation (SXT), Cabot Corporation (CBT), Trinseo S.A. (TSE), Kronos Worldwide (KRO), Stepan Company (SCL), Victrex plc (VCT), Synthomer PLC (SYNT), Ferro Corporation (FOE), Innospec (IOSP), Elementis plc (ELM), Orion Engineered Carbons S.A (OEC), Kraton Corporation (KRA), OM Group (OMG), OCI Partners LP (OCIP), Rayonier Advanced Materials (RYAM) and KMG Chemicals (KMG).

Who are Minerals Technologies' key executives?

Minerals Technologies' management team includes the folowing people:

Duane R. Dunham, Chairman, Independent Director
Douglas T. Dietrich, Chief Executive Officer
Matthew E. Garth, Chief Financial Officer, Senior Vice President - Finance, Treasurer
Gary L. Castagna, Group President - Performance Materials and Construction Technologies
Daniel Joseph Monagle III, Group President - Specialty Minerals and Refractories
Douglas W. Mayger, Senior Vice President, Director - MTI Supply Chain
Jonathan J. Hastings, Senior Vice President - Corporate Development
Rand Mendez III, Senior Vice President : and Managing Director of Paper PCC
Thomas J. Meek, Chief Compliance Officer, Secretary
Michael A. Cipolla, Vice President, Corporate Controller, Chief Accounting Officer

Who owns Minerals Technologies stock?

Minerals Technologies' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.25%), Vanguard Group Inc. (8.38%), Dimensional Fund Advisors LP (4.13%), Goldman Sachs Group Inc. (3.48%), State Street Corp (3.28%) and Royce & Associates LP (3.13%). Company insiders that own Minerals Technologies stock include Douglas T Dietrich, Douglas W Mayger, Johannes C Schut, Jonathan J Hastings, Michael Cipolla, Patrick Carpenter and Rick Honey. View Institutional Ownership Trends for Minerals Technologies.

Who sold Minerals Technologies stock? Who is selling Minerals Technologies stock?

Minerals Technologies' stock was sold by a variety of institutional investors in the last quarter, including BTIM Corp., Denver Investment Advisors LLC, JPMorgan Chase & Co., Franklin Resources Inc., First Trust Advisors LP, AXA, Dupont Capital Management Corp and Dimensional Fund Advisors LP. Company insiders that have sold Minerals Technologies stock in the last year include Douglas W Mayger, Jonathan J Hastings, Michael Cipolla and Patrick Carpenter. View Insider Buying and Selling for Minerals Technologies.

Who bought Minerals Technologies stock? Who is buying Minerals Technologies stock?

Minerals Technologies' stock was purchased by a variety of institutional investors in the last quarter, including Macquarie Group Ltd., Vaughan Nelson Investment Management L.P., Voya Investment Management LLC, OxFORD Asset Management LLP, State Street Corp, Marshall Wace North America L.P., BNP Paribas Arbitrage SA and Vanguard Group Inc.. View Insider Buying and Selling for Minerals Technologies.

How do I buy Minerals Technologies stock?

Shares of Minerals Technologies can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Minerals Technologies' stock price today?

One share of Minerals Technologies stock can currently be purchased for approximately $63.85.

MarketBeat Community Rating for Minerals Technologies (NYSE MTX)

Community Ranking:		2.2 out of 5 ( )
Outperform Votes:		81 (Vote Outperform)
Underperform Votes:		107 (Vote Underperform)
Total Votes:		188

MarketBeat's community ratings are surveys of what our community members think about Minerals Technologies and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Consensus Ratings for Minerals Technologies (NYSE:MTX) (How are Consensus Ratings Calculated?)

Ratings Breakdown:	1 Buy Rating
Consensus Rating:	Buy (Score: 3.00)
Consensus Price Target:	$80.00 (25.29% upside)

Analysts' Ratings History for Minerals Technologies (NYSE:MTX)

Show:

Date	Firm	Action	Rating	Price Target	Impact on Share Price
3/24/2017	J P Morgan Chase & Co	Upgrade	Neutral -> Overweight	$80.00 -> $80.00	High
5/26/2016	Wedbush	Downgrade	Outperform -> Neutral	$62.00	N/A
10/13/2015	KeyCorp	Upgrade	Sector Weight -> Overweight	$70.00	N/A

(Data available from 8/16/2015 forward)

Earnings History for Minerals Technologies (NYSE:MTX)

Earnings by Quarter for Minerals Technologies (NYSE:MTX)

Earnings History by Quarter for Minerals Technologies (NYSE MTX)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
11/2/2017
8/3/2017	Q2 2017	$1.24	$1.23	$427.21 million	$414.10 million	View	Listen
5/4/2017	Q1 2017	$1.04	$1.07	$401.63 million	$405.00 million	View	Listen
2/2/2017	Q4 2016	$1.05	$1.08	$393.05 million	$401.30 million	View	Listen
11/3/2016	Q3	$1.15	$1.17	$430.60 million	$399.50 million	View	N/A
8/4/2016	Q2	$1.16	$1.20	$437.20 million	$427.00 million	View	N/A
5/5/2016	Q1	$0.97	$1.02	$418.73 million	$410.20 million	View	N/A
2/4/2016	Q4	$0.95	$1.00	$436.27 million	$1.25 billion	View	N/A
10/22/2015	Q3	$1.03	$1.06	$467.78 million	$451.00 million	View	Listen
8/6/2015	Q2	$1.16	$1.18	$495.55 million	$463.40 million	View	Listen
4/23/2015	Q1	$0.99	$1.07	$477.23 million	$453.30 million	View	Listen
1/29/2015	Q4	$1.07	$1.22	$526.93 million	$516.00 million	View	Listen
10/23/2014	Q314	$1.07	$1.25	$536.30 million	$543.50 million	View	Listen
8/7/2014	Q214	$0.79	$0.94	$364.63 million	$421.10 million	View	Listen
4/24/2014	Q413	$0.56	$0.58	$249.10 million	$244.40 million	View	N/A
1/31/2014	Q4	$0.59	$0.61			View	Listen
11/1/2013	Q313	$0.61	$0.63	$259.40 million	$254.20 million	View	Listen
7/25/2013	Q2 2013	$0.58	$0.63	$258.40 million	$256.80 million	View	Listen
4/25/2013	Q1 2013	$0.50	$0.53	$251.76 million	$251.29 million	View	Listen
1/31/2013	Q4 2012	$0.47	$0.50	$242.50 million	$244.20 million	View	Listen
11/1/2012		$1.01	$1.05			View	N/A
7/26/2012		$1.02	$1.11			View	N/A
4/26/2012		$0.95	$1.01			View	N/A
4/28/2011		$0.83	$0.87			View	N/A
2/3/2011		$0.82	$0.85			View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for Minerals Technologies (NYSE:MTX)

2017 EPS Consensus Estimate: $4.68

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2017	3	$1.00	$1.11	$1.06
Q2 2017	3	$1.25	$1.30	$1.28
Q3 2017	3	$1.17	$1.22	$1.20
Q4 2017	3	$1.13	$1.17	$1.15
Q1 2018	1	$1.17	$1.17	$1.17

(Data provided by Zacks Investment Research)

Current Dividend Information for Minerals Technologies (NYSE:MTX)

Next Dividend:	9/7/2017
Annual Dividend:	$0.20
Dividend Yield:	0.31%
Dividend Growth:	0.00% (3 Year Average)
Payout Ratio:	4.55% (Trailing 12 Months of Earnings) 4.33% (Based on This Year's Estimates) 3.96% (Based on Next Year's Estimates)

Dividend Payments by Quarter for Minerals Technologies (NYSE:MTX)

Dividend History by Quarter for Minerals Technologies (NYSE MTX)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
7/19/2017	quarterly	$0.05	0.27%	8/23/2017	8/25/2017	9/7/2017
5/16/2017	quarterly	$0.05	0.28%	5/26/2017	5/31/2017	6/9/2017
1/18/2017	quarterly	$0.05	0.26%	2/15/2017	2/17/2017	3/9/2017
11/16/2016	quarterly	$0.05	0.27%	11/23/2016	11/28/2016	12/9/2016
7/21/2016	quarterly	$0.05	0.31%	8/24/2016	8/26/2016	9/8/2016
5/12/2016	quarterly	$0.05	0.35%	5/24/2016	5/26/2016	6/9/2016
1/21/2016	quarterly	$0.05	0.53%	2/17/2016	2/19/2016	3/10/2016
11/11/2015	quarterly	$0.05	0.34%	11/23/2015	11/25/2015	12/10/2015
7/16/2015	quarterly	$0.05	0.31%	8/25/2015	8/27/2015	9/10/2015
5/13/2015	quarterly	$0.05	0.29%	5/22/2015	5/27/2015	6/10/2015
1/22/2015	quarterly	$0.05	0.32%	2/18/2015	2/20/2015	3/11/2015
11/12/2014	quarterly	$0.05	0.26%	11/25/2014	11/28/2014	12/11/2014
7/16/2014	quarterly	$0.05	0.32%	8/26/2014	8/28/2014	9/11/2014
5/15/2014	quarterly	$0.05	0.33%	5/23/2014	5/28/2014	6/11/2014
1/22/2014	quarterly	$0.05	0.34%	2/19/2014	2/21/2014	3/12/2014
11/14/2013	quarterly	$0.05	0.35%	11/26/2013	11/29/2013	12/12/2013
7/18/2013	quarterly	$0.05	0.44%	8/27/2013	8/29/2013	9/12/2013
5/16/2013	quarterly	$0.05	0.47%	5/24/2013	5/29/2013	6/12/2013
1/23/2013	quarterly	$0.05	0.49%	2/20/2013	2/22/2013	3/13/2013

(Data available from 1/1/2013 forward)

Insider Trading and Institutional Ownership History for Minerals Technologies (NYSE:MTX)

Insider Ownership Percentage: 3.70%
Institutional Ownership Percentage: 93.85%

Institutional Ownership by Quarter for Minerals Technologies (NYSE:MTX)

Insider Trades by Quarter for Minerals Technologies (NYSE:MTX)

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
2/15/2017	Douglas W Mayger	Insider	Sell	790	$79.08	$62,473.20
2/10/2017	Douglas W Mayger	Insider	Sell	7,373	$78.18	$576,421.14
11/14/2016	Michael Cipolla	VP	Sell	3,500	$74.35	$260,225.00
8/31/2016	Jonathan J Hastings	Insider	Sell	7,606	$70.85	$538,885.10
8/23/2016	Douglas W Mayger	Insider	Sell	3,972	$70.39	$279,589.08
8/23/2016	Patrick Carpenter	VP	Sell	3,648	$70.77	$258,168.96
8/22/2016	Patrick Carpenter	VP	Sell	5,467	$70.57	$385,806.19
8/18/2016	Douglas W Mayger	VP	Sell	2,825	$70.77	$199,925.25
8/9/2016	Douglas T Dietrich	CFO	Sell	11,080	$69.21	$766,846.80
8/9/2016	Michael Cipolla	VP	Sell	8,267	$69.21	$572,159.07
6/27/2016	Rick Honey	VP	Sell	6,811	$52.95	$360,642.45
2/16/2016	Michael Cipolla	VP	Sell	170	$44.46	$7,558.20
2/10/2016	Johannes C. Schut	VP	Sell	9,090	$44.68	$406,141.20
2/17/2015	Douglas W Mayger	SVP	Sell	3,623	$71.39	$258,645.97
3/22/2013	Steven J Golub	Director	Sell	5,000	$42.23	$211,150.00

(Data available from 1/1/2013 forward)

Headline Trends for Minerals Technologies (NYSE:MTX) Latest Headlines for Minerals Technologies (NYSE:MTX)

Source:

Date	Headline
	Minerals Technologies Inc. Elects Carolyn K. Pittman to Its Board of Directors feeds.benzinga.com - August 11 at 1:10 PM
	FY2017 EPS Estimates for Minerals Technologies Inc. (NYSE:MTX) Lowered by Gabelli www.americanbankingnews.com - August 10 at 10:42 AM
	See what the IHS Markit Score report has to say about Minerals Technologies Inc. finance.yahoo.com - August 10 at 6:06 AM
	Minerals Technologies Inc. to Post Q3 2017 Earnings of $1.17 Per Share, KeyCorp Forecasts (NYSE:MTX) www.americanbankingnews.com - August 9 at 7:46 AM
	Minerals Technologies, Inc. – Value Analysis (NYSE:MTX) : August 7, 2017 finance.yahoo.com - August 7 at 8:15 PM
	Edited Transcript of MTX earnings conference call or presentation 4-Aug-17 3:00pm GMT finance.yahoo.com - August 7 at 8:15 PM
	Minerals Technologies Inc. (MTX) Releases Q3 Earnings Guidance www.americanbankingnews.com - August 4 at 2:26 PM
	Minerals Technologies Inc Earnings Climb 3% In Q2 www.rttnews.com - August 4 at 5:50 AM
	Minerals Technologies Reports Second Quarter Earnings of $1.21 Per Share, or $1.23 Per Share, Excluding Special Items finance.yahoo.com - August 4 at 5:50 AM
	Minerals Technologies misses 2Q profit forecasts finance.yahoo.com - August 4 at 5:50 AM
	Minerals Technologies Inc. (NYSE:MTX) to Release Earnings on Thursday www.americanbankingnews.com - July 27 at 1:26 PM
	Head to Head Review: Stepan (SCL) vs. Minerals Technologies (MTX) www.americanbankingnews.com - July 27 at 10:58 AM
	Minerals Technologies, Inc. breached its 50 day moving average in a Bearish Manner : MTX-US : July 25, 2017 finance.yahoo.com - July 26 at 3:00 AM
	ETFs with exposure to Minerals Technologies, Inc. : July 24, 2017 finance.yahoo.com - July 25 at 4:36 AM
	Advisory: Minerals Technologies Inc. Second Quarter 2017 Conference Call finance.yahoo.com - July 21 at 3:05 AM
	Bullish Two Hundred Day Moving Average Cross - MTX www.nasdaq.com - July 20 at 2:03 AM
	Minerals Technologies Inc. (MTX) Plans Quarterly Dividend of $0.05 www.americanbankingnews.com - July 19 at 11:05 AM
	ETFs with exposure to Minerals Technologies, Inc. : July 14, 2017 finance.yahoo.com - July 15 at 6:43 AM
	Minerals Technologies, Inc. breached its 50 day moving average in a Bullish Manner : MTX-US : July 13, 2017 finance.yahoo.com - July 14 at 6:42 AM
	Minerals Technologies Inc. (NYSE:MTX) Given $80.00 Consensus Price Target by Brokerages www.americanbankingnews.com - July 13 at 9:32 AM
	Minerals Technologies Inc. (MTX) Given $80.00 Average Price Target by Analysts www.americanbankingnews.com - June 29 at 12:40 AM
	Critical Analysis: Minerals Technologies (MTX) & BioAmber (BIOA) www.americanbankingnews.com - June 22 at 8:26 AM
	Minerals Technologies Inc. (MTX) Downgraded by BidaskClub www.americanbankingnews.com - June 17 at 4:48 PM
	Minerals Technologies, Inc. – Value Analysis (NYSE:MTX) : June 14, 2017 finance.yahoo.com - June 14 at 10:32 PM
	Minerals Technologies, Inc. breached its 50 day moving average in a Bearish Manner : MTX-US : June 13, 2017 finance.yahoo.com - June 13 at 6:49 PM
	Minerals Technologies, Inc. : MTX-US: Dividend Analysis : May 31st, 2017 (record date) : By the numbers : May 26, 2017 finance.yahoo.com - May 26 at 7:36 PM
	Minerals Technologies Inc (MTX) Announces $0.05 Quarterly Dividend www.americanbankingnews.com - May 16 at 10:22 AM
	Minerals Technologies Inc (MTX) Cut to "Sell" at Zacks Investment Research www.americanbankingnews.com - May 14 at 10:56 PM
	Analysts Set $80.00 Target Price for Minerals Technologies Inc (MTX) www.americanbankingnews.com - May 11 at 2:32 PM
	MTX Makes Notable Cross Below Critical Moving Average www.nasdaq.com - May 10 at 6:46 PM
	Edited Transcript of MTX earnings conference call or presentation 5-May-17 3:00pm GMT finance.yahoo.com - May 10 at 12:13 PM
	ETFs with exposure to Minerals Technologies, Inc. : May 9, 2017 finance.yahoo.com - May 9 at 6:21 PM
	Minerals Technologies, Inc. breached its 50 day moving average in a Bearish Manner : MTX-US : May 9, 2017 finance.yahoo.com - May 9 at 11:39 AM
	Minerals Technologies, Inc. :MTX-US: Earnings Analysis: Q1, 2017 By the Numbers : May 8, 2017 finance.yahoo.com - May 8 at 12:26 PM
	Minerals Technologies' (MTX) CEO Doug Dietrich on Q1 2017 Results - Earnings Call Transcript seekingalpha.com - May 6 at 6:39 PM
	Minerals Technologies Inc (MTX) Releases Q2 Earnings Guidance www.americanbankingnews.com - May 5 at 2:04 PM
	Minerals Technologies Inc (MTX) Releases Earnings Results, Beats Expectations By $0.03 EPS www.americanbankingnews.com - May 4 at 11:14 PM
	Minerals Technologies beats 1Q profit forecasts marketbeat.com - May 4 at 7:38 PM
	Minerals Technologies Inc Earnings Advance 7% In Q1 www.rttnews.com - May 4 at 6:47 PM
	Minerals Technologies Reports First Quarter Earnings of $0.97 Per Share, or $1.07 Per Share, Excluding Special Items finance.yahoo.com - May 4 at 6:47 PM
	Minerals Technologies (MTX) Getting Very Positive News Coverage, Study Shows www.americanbankingnews.com - May 2 at 2:54 PM
	Minerals Technologies Signs Agreement With PT Indah Kiat Pulp & Paper, a Subsidiary of Asia Pulp & Paper Group, to Construct a 125,000 Metric-Ton Per Year Satellite PCC Plant in Indonesia, and to Expand an Existing Satellite to 140,000 Metric Tons finance.yahoo.com - May 2 at 1:14 PM
	Somewhat Favorable Media Coverage Extremely Likely to Affect Minerals Technologies (MTX) Stock Price www.americanbankingnews.com - April 29 at 12:54 PM
	Favorable News Coverage Likely to Affect Minerals Technologies (MTX) Stock Price www.americanbankingnews.com - April 26 at 8:54 PM
	Advisory: Minerals Technologies Inc. First Quarter 2017 Conference Call finance.yahoo.com - April 25 at 5:59 PM
	Minerals Technologies (MTX) Earning Somewhat Favorable News Coverage, Report Finds www.americanbankingnews.com - April 23 at 7:21 PM
	Minerals Technologies (MTX) Getting Somewhat Favorable Press Coverage, Study Finds www.americanbankingnews.com - April 18 at 12:57 AM
	Minerals Technologies (MTX) Getting Favorable Media Coverage, AlphaOne Reports www.americanbankingnews.com - April 14 at 2:22 PM
	Q2 2017 Earnings Forecast for Minerals Technologies Inc (MTX) Issued By KeyCorp www.americanbankingnews.com - April 14 at 9:44 AM
	Minerals Technologies, Inc. – Value Analysis (NYSE:MTX) : April 13, 2017 finance.yahoo.com - April 13 at 6:26 PM