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

$54.71
-0.62 (-1.12 %)
(As of 09/17/2019 07:07 AM ET)
Today's Range
$53.59
Now: $54.71
$55.34
50-Day Range
$45.69
MA: $50.00
$55.69
52-Week Range
$45.26
Now: $54.71
$70.55
Volume113,601 shs
Average Volume170,972 shs
Market Capitalization$1.92 billion
P/E Ratio11.30
Dividend Yield0.36%
Beta1.86
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. Read More…

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$7.4740 per share
Book Value$39.29 per share

Profitability

Net Income$169 million

Miscellaneous

Employees1,995
Market Cap$1.92 billion
Next Earnings Date11/7/2019 (Estimated)
OptionableOptionable

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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, July 17th. Shareholders of record on Friday, August 23rd will be paid a dividend of $0.05 per share on Thursday, September 5th. This represents a $0.20 dividend on an annualized basis and a yield of 0.37%. The ex-dividend date of this dividend is Thursday, August 22nd. View Minerals Technologies' Dividend History.

How will Minerals Technologies' stock buyback program work?

Minerals Technologies announced that its board has initiated a stock repurchase plan on Friday, September 22nd 2017, which permits the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 6.1% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's board believes its shares are undervalued.

How were Minerals Technologies' earnings last quarter?

Minerals Technologies Inc (NYSE:MTX) issued its quarterly earnings results on Thursday, August, 1st. The basic materials company reported $1.11 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.06 by $0.05. The basic materials company earned $463.80 million during the quarter, compared to analyst estimates of $458.47 million. Minerals Technologies had a net margin of 8.40% and a return on equity of 11.82%. The company's quarterly revenue was down .2% compared to the same quarter last year. During the same quarter last year, the business earned $1.28 earnings per share. 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, November 7th 2019. View Earnings Estimates for Minerals Technologies.

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

Minerals Technologies updated its second quarter earnings guidance on Thursday, June, 20th. The company provided earnings per share guidance of $1.00-1.10 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.24.

What price target have analysts set for MTX?

2 equities research analysts have issued 1-year price targets for Minerals Technologies' stock. Their forecasts range from $65.00 to $65.00. On average, they expect Minerals Technologies' share price to reach $65.00 in the next year. This suggests a possible upside of 18.8% from the stock's current price. View Analyst Price Targets for Minerals Technologies.

What is the consensus analysts' recommendation for Minerals Technologies?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Minerals Technologies in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Minerals Technologies.

Has Minerals Technologies been receiving favorable news coverage?

News articles about MTX stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Minerals Technologies earned a news impact score of 0.9 on InfoTrie's scale. They also assigned media headlines about the basic materials company a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Minerals Technologies.

Are investors shorting Minerals Technologies?

Minerals Technologies saw a decrease in short interest in August. As of August 31st, there was short interest totalling 384,000 shares, a decrease of 20.9% from the July 31st total of 485,500 shares. Based on an average trading volume of 165,900 shares, the days-to-cover ratio is currently 2.3 days. Currently, 1.1% of the company's shares are sold short. View Minerals Technologies' Current Options Chain.

Who are some of Minerals Technologies' key competitors?

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 Skyworks Solutions (SWKS), Allergan (AGN), Callon Petroleum (CPE), Infosys (INFY), Nike (NKE), Palo Alto Networks (PANW), Skechers USA (SKX), K&S (SDF), Ambarella (AMBA) and Bed Bath & Beyond (BBBY).

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 of HR, Gen. Counsel, Sec. & Chief Compliance Officer (Age 62)
  • Mr. D. J. Monagle III, Group Pres of 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. (11.56%), BlackRock Inc. (11.56%), Vanguard Group Inc. (9.46%), Price T Rowe Associates Inc. MD (5.50%), Victory Capital Management Inc. (3.64%) and Northern Trust Corp (3.16%). Company insiders that own Minerals Technologies stock include Andrew M Jones, Carolyn K Pittman, Dj Monagle III, Douglas T Dietrich, Douglas W Mayger, Franklin Feder, John J Carmola, Joseph C Breunig, Robert L Clark and Thomas J Meek. View Institutional Ownership Trends for Minerals Technologies.

Which major investors are selling Minerals Technologies stock?

MTX stock was sold by a variety of institutional investors in the last quarter, including Silvercrest Asset Management Group LLC, AQR Capital Management LLC, Man Group plc, SG Americas Securities LLC, BlackRock Inc., BlackRock Inc., William Blair Investment Management LLC and Vanguard Group Inc.. Company insiders that have sold Minerals Technologies company stock in the last year include Andrew M Jones, Dj Monagle III and Thomas J Meek. View Insider Buying and Selling for Minerals Technologies.

Which major investors are buying Minerals Technologies stock?

MTX stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Morgan Stanley, Victory Capital Management Inc., BTIM Corp., Northern Trust Corp, Wells Fargo & Company MN, Cubist Systematic Strategies LLC and Eaton Vance Management. Company insiders that have bought Minerals Technologies stock in the last two years include Carolyn K Pittman, Douglas T Dietrich, Franklin Feder, John J Carmola, Joseph C Breunig and Robert L Clark. 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, Robinhood, Fidelity and Charles Schwab.

What is Minerals Technologies' stock price today?

One share of MTX stock can currently be purchased for approximately $54.71.

How big of a company is Minerals Technologies?

Minerals Technologies has a market capitalization of $1.92 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 1,995 workers across the globe.View Additional Information About Minerals Technologies.

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:  1.9 out of 5 (star)
Outperform Votes:  170 (Vote Outperform)
Underperform Votes:  266 (Vote Underperform)
Total Votes:  436
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 9/17/2019 by MarketBeat.com Staff

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