NYSE:MTX - Minerals Technologies Stock Price, News, & Analysis

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$58.24 +0.85 (+1.48 %)
(As of 02/18/2019 11:50 AM ET)
Previous Close$57.39
Today's Range$57.68 - $58.3150
52-Week Range$47.07 - $80.80
Volume165,347 shs
Average Volume143,616 shs
Market Capitalization$2.05 billion
P/E Ratio12.03
Dividend Yield0.35%
Beta1.92
Minerals Technologies Inc. develops, produces, and markets various specialty mineral, mineral-based, and synthetic mineral products, and supporting systems and services worldwide. The company's 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, building materials, paint and coatings, glass, ceramic, polymer, food, automotive, and pharmaceutical industries. Its Performance Materials segment supplies bentonite and bentonite-related products, as well as chromite and leonardite. This segment offers metal casting products; household, personal care, and specialty products; and basic minerals, environmental products, and building materials. In addition, this segment provides products for non-residential construction, environmental, and infrastructure projects, as well as for construction project customers. It company's 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. Its Energy Services segment provides offshore filtration and well testing services to the oil and gas industry. The company markets its products primarily through its direct sales force, as well as regional distributors. Minerals Technologies Inc. was founded in 1968 and is headquartered in New York City, New York.

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Industry, Sector and Symbol

Industry Industrial inorganic chemicals
Sub-IndustrySpecialty Chemicals
SectorBasic Materials
CUSIP60315810
Phone212-878-1800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.81 billion
Cash Flow$7.1901 per share
Book Value$39.29 per share

Profitability

Net Income$169 million

Miscellaneous

Employees3,657
Market Cap$2.05 billion
OptionableOptionable

Minerals Technologies (NYSE:MTX) Frequently Asked Questions

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 announced a quarterly dividend on Wednesday, January 23rd. Stockholders of record on Friday, February 15th will be given a dividend of $0.05 per share on Thursday, March 7th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.34%. The ex-dividend date of this dividend is Thursday, February 14th. View Minerals Technologies' Dividend History.

How will Minerals Technologies' stock buyback program work?

Minerals Technologies declared that its board has initiated a share repurchase program on Friday, September 22nd 2017, which allows the company to repurchase $150,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 6.1% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board believes its shares are undervalued.

How were Minerals Technologies' earnings last quarter?

Minerals Technologies Inc (NYSE:MTX) released its earnings results on Thursday, January, 31st. The basic materials company reported $1.17 earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of $1.17. The basic materials company had revenue of $447.50 million for the quarter, compared to analysts' expectations of $452.04 million. Minerals Technologies had a return on equity of 12.82% and a net margin of 9.45%. View Minerals Technologies' Earnings History.

When is Minerals Technologies' next earnings date?

Minerals Technologies is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for Minerals Technologies.

Has Minerals Technologies been receiving favorable news coverage?

News articles about MTX stock have been trending somewhat positive recently, according to InfoTrie Sentiment. The research group ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Minerals Technologies earned a media sentiment score of 1.6 on InfoTrie's scale. They also assigned media stories about the basic materials company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days.

Who are some of Minerals Technologies' key competitors?

Who are Minerals Technologies' key executives?

Minerals Technologies' management team includes the folowing people:
  • Mr. Douglas T. Dietrich, CEO & Director (Age 50)
  • Mr. Matthew E. Garth, Sr. VP of Fin. & Treasury and CFO (Age 45)
  • Mr. Thomas J. Meek, Sr. VP, Gen. Counsel, HR, Sec. & Chief Compliance Officer (Age 62)
  • Mr. D. J. Monagle III, Group Pres for Specialty Minerals & Refractories (Age 56)
  • Mr. Michael A. Cipolla, VP, Corp. Controller & Chief Accounting Officer (Age 61)

Who are Minerals Technologies' major shareholders?

Minerals Technologies' stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.69%), Dimensional Fund Advisors LP (4.94%), Royce & Associates LP (4.50%), Macquarie Group Ltd. (3.94%), Victory Capital Management Inc. (3.23%) and Northern Trust Corp (2.93%). Company insiders that own Minerals Technologies stock include Andrew M Jones, Carolyn K Pittman, Dj Monagle III, Douglas W Mayger, Franklin Feder, John J Carmola and Joseph C Breunig. 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 Macquarie Group Ltd., Nuveen Asset Management LLC, Skylands Capital LLC, Royce & Associates LP, Barclays PLC, Kimelman & Baird LLC, Rothschild & Co. Asset Management US Inc. and Skyline Asset Management LP. Company insiders that have sold Minerals Technologies company stock in the last year include Andrew M Jones, Dj Monagle III and Douglas W Mayger. View Insider Buying and Selling for Minerals Technologies.

Which institutional investors are buying Minerals Technologies stock?

MTX stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Victory Capital Management Inc., Dimensional Fund Advisors LP, Assenagon Asset Management S.A., Boston Partners, Rhumbline Advisers, Geode Capital Management LLC and SG Americas Securities LLC. Company insiders that have bought Minerals Technologies stock in the last two years include Carolyn K Pittman, Franklin Feder, John J Carmola and Joseph C Breunig. View Insider Buying and Selling for Minerals Technologies.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Minerals Technologies' stock price today?

One share of MTX stock can currently be purchased for approximately $58.24.

How big of a company is Minerals Technologies?

Minerals Technologies has a market capitalization of $2.05 billion and generates $1.81 billion in revenue each year. The basic materials company earns $169 million in net income (profit) each year or $4.84 on an earnings per share basis. Minerals Technologies employs 3,657 workers across the globe.

What is Minerals Technologies' official website?

The official website for Minerals Technologies is http://www.mineralstech.com.

How can I contact Minerals Technologies?

Minerals Technologies' mailing address is 622 THIRD AVENUE, NEW YORK NY, 10017. The basic materials company can be reached via phone at 212-878-1800.


MarketBeat Community Rating for Minerals Technologies (NYSE MTX)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  161 (Vote Outperform)
Underperform Votes:  235 (Vote Underperform)
Total Votes:  396
MarketBeat's community ratings are surveys of what our community members think about Minerals Technologies and other stocks. Vote "Outperform" if you believe MTX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MTX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/18/2019 by MarketBeat.com Staff

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