NYSE:MTX - Minerals Technologies Stock Price, Price Target & More

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

Minerals Technologies announced a quarterly dividend on Thursday, May 17th. Stockholders of record on Thursday, May 31st will be paid a dividend of $0.05 per share on Thursday, June 14th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.27%. The ex-dividend date is Wednesday, May 30th. View Minerals Technologies' Dividend History.

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

Minerals Technologies Inc. (NYSE:MTX) issued its quarterly earnings results on Thursday, May, 3rd. The basic materials company reported $1.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.12 by $0.01. The basic materials company earned $431.30 million during the quarter, compared to analyst estimates of $420 million. Minerals Technologies had a return on equity of 13.36% and a net margin of 11.77%. The business's quarterly revenue was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.97 earnings per share. View Minerals Technologies' Earnings History.

Minerals Technologies is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for Minerals Technologies.

Some companies that are related to Minerals Technologies include JSR (JSCPY), Kronos Worldwide (KRO), Valhi (VHI), Tronox (TROX), Venator Materials (VNTR), NL Industries (NL), Luxfer (LXFR), LSB Industries (LXU), Hydrogenics (HYGS) and Polydex Pharmaceuticals (POLXF).

News coverage about MTX stock has trended somewhat positive this week, according to Accern. The research group scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Minerals Technologies earned a news impact score of 0.13 on Accern's scale. They also assigned news articles about the basic materials company an impact score of 46.41 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Minerals Technologies' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.53%), Dimensional Fund Advisors LP (4.23%), Silvercrest Asset Management Group LLC (3.63%), Northern Trust Corp (2.91%), Victory Capital Management Inc. (2.62%) and Franklin Resources Inc. (2.43%). Company insiders that own Minerals Technologies stock include Carolyn K Pittman, Dj Monagle III, Douglas T Dietrich, Douglas W Mayger, Jonathan J Hastings, Joseph C Breunig, Michael Cipolla, Patrick Carpenter and Rick Honey. View Institutional Ownership Trends for Minerals Technologies.

MTX stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, JPMorgan Chase & Co., Citadel Advisors LLC, Prudential Financial Inc., BNP Paribas Arbitrage SA, Wedge Capital Management L L P NC, Cubist Systematic Strategies LLC and Loomis Sayles & Co. L P. View Insider Buying and Selling for Minerals Technologies.

MTX stock was purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Franklin Resources Inc., Nuveen Asset Management LLC, Boston Partners, BlackRock Inc., Dimensional Fund Advisors LP, Silvercrest Asset Management Group LLC and Schwab Charles Investment Management Inc.. Company insiders that have bought Minerals Technologies stock in the last two years include Carolyn K Pittman and Joseph C Breunig. View Insider Buying and Selling for 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.

One share of MTX stock can currently be purchased for approximately $73.30.

Minerals Technologies has a market capitalization of $2.56 billion and generates $1.68 billion in revenue each year. The basic materials company earns $195.10 million in net income (profit) each year or $4.59 on an earnings per share basis. Minerals Technologies employs 3,657 workers across the globe.

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.