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

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

Minerals Technologies Inc (NYSE:MTX) posted its earnings results on Thursday, May, 3rd. The basic materials company reported $1.13 earnings per share (EPS) for the quarter, beating the Thomson Reuters' 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 firm's quarterly revenue was up 6.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.97 EPS. 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 Corp/ADR (JSCPY), Kronos Worldwide (KRO), Tronox (TROX), Valhi (VHI), Venator Materials (VNTR), Luxfer (LXFR), NL Industries (NL), LSB Industries (LXU), Hydrogenics (HYGS) and Polydex Pharmaceuticals (POLXF).

News stories about MTX stock have been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. The research group identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Minerals Technologies earned a news sentiment score of 0.14 on Accern's scale. They also assigned headlines about the basic materials company an impact score of 46.09 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Minerals Technologies' stock is owned by many different of retail and institutional investors. Top institutional shareholders 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. Company insiders that have sold Minerals Technologies company stock in the last year include Dj Monagle III and Douglas W Mayger. View Insider Buying and Selling for Minerals Technologies.

MTX stock was bought 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 $75.35.

Minerals Technologies has a market capitalization of $2.66 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.