Minerals Technologies Company Profile (NYSE:MTX)

About Minerals Technologies (NYSE:MTX)

Minerals Technologies logoMinerals 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 related systems and services around the world. It operates through four segments. The Specialty Minerals segment produces and sells the synthetic mineral product precipitated calcium carbonate (PCC), mines mineral ores, and processes and sells natural mineral products, primarily limestone and talc. The Performance Materials segment is a supplier of bentonite and bentonite-related products to industrial and consumer markets globally. The Refractories segment produces and markets monolithic and shaped refractory materials and specialty products, services and application and measurement equipment. The Energy Services segment offers a range of services to improve the production, costs, compliance and environmental impact of activities performed in the oil and gas industry.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Specialty Chemicals
  • Sub-Industry: Specialty Chemicals
  • Symbol: NYSE:MTX
  • CUSIP: 60315810
  • Web: www.mineralstech.com
Capitalization:
  • Market Cap: $2.55 billion
  • Outstanding Shares: 35,093,000
Average Prices:
  • 50 Day Moving Avg: $68.58
  • 200 Day Moving Avg: $71.69
  • 52 Week Range: $62.55 - $83.85
P/E:
  • Trailing P/E Ratio: 16.49
  • Foreward P/E Ratio: 14.39
  • P/E Growth: 1.98
Sales & Book Value:
  • Annual Revenue: $1.62 billion
  • Price / Sales: 1.57
  • Book Value: $31.73 per share
  • Price / Book: 2.29
Dividend:
  • Annual Dividend: $0.20
  • Dividend Yield: 0.3%
Profitability:
  • EBITDA: $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: 145,236 shs.
  • Beta: 2.23
  • 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 announced a quarterly dividend on Wednesday, July 19th. Shareholders of record on Friday, August 25th will be given 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 0.28%. The ex-dividend date is Wednesday, August 23rd. View Minerals Technologies' Dividend History.

How will Minerals Technologies' stock buyback program work?

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

How were Minerals Technologies' earnings last quarter?

Minerals Technologies Inc. (NYSE:MTX) posted its quarterly earnings data on Thursday, August, 3rd. The company reported $1.23 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.24 by $0.01. The firm earned $414.10 million during the quarter, compared to analyst estimates of $427.21 million. Minerals Technologies had a return on equity of 15.04% and a net margin of 9.62%. 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 estimate of $1.24.

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

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

Who are some of Minerals Technologies' key competitors?

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

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 $72.55.


MarketBeat Community Rating for Minerals Technologies (NYSE MTX)
Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  99 (Vote Outperform)
Underperform Votes:  125 (Vote Underperform)
Total Votes:  224
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.

Analyst Ratings

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 (10.27% upside)
Consensus Price Target History for Minerals Technologies (NYSE:MTX)
Price Target History for Minerals Technologies (NYSE:MTX)
Analysts' Ratings History for Minerals Technologies (NYSE:MTX)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/24/2017J P Morgan Chase & CoUpgradeNeutral -> Overweight$80.00 -> $80.00HighView Rating Details
5/26/2016WedbushDowngradeOutperform -> Neutral$62.00N/AView Rating Details
(Data available from 10/17/2015 forward)

Earnings

Earnings History for Minerals Technologies (NYSE:MTX)
Earnings by Quarter for Minerals Technologies (NYSE:MTX)
Earnings History by Quarter for Minerals Technologies (NYSE MTX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2017$1.17N/AView Earnings Details
8/3/2017Q2 2017$1.24$1.23$427.21 million$414.10 millionViewListenView Earnings Details
5/4/2017Q1 2017$1.04$1.07$401.63 million$405.00 millionViewListenView Earnings Details
2/2/2017Q4 2016$1.05$1.08$393.05 million$401.30 millionViewListenView Earnings Details
11/3/2016Q3$1.15$1.17$430.60 million$399.50 millionViewN/AView Earnings Details
8/4/2016Q2$1.16$1.20$437.20 million$427.00 millionViewN/AView Earnings Details
5/5/2016Q1$0.97$1.02$418.73 million$410.20 millionViewN/AView Earnings Details
2/4/2016Q4$0.95$1.00$436.27 million$1.25 billionViewN/AView Earnings Details
10/22/2015Q3$1.03$1.06$467.78 million$451.00 millionViewListenView Earnings Details
8/6/2015Q2$1.16$1.18$495.55 million$463.40 millionViewListenView Earnings Details
4/23/2015Q1$0.99$1.07$477.23 million$453.30 millionViewListenView Earnings Details
1/29/2015Q4$1.07$1.22$526.93 million$516.00 millionViewListenView Earnings Details
10/23/2014Q314$1.07$1.25$536.30 million$543.50 millionViewListenView Earnings Details
8/7/2014Q214$0.79$0.94$364.63 million$421.10 millionViewListenView Earnings Details
4/24/2014Q413$0.56$0.58$249.10 million$244.40 millionViewN/AView Earnings Details
1/31/2014Q4$0.59$0.61ViewListenView Earnings Details
11/1/2013Q313$0.61$0.63$259.40 million$254.20 millionViewListenView Earnings Details
7/25/2013Q2 2013$0.58$0.63$258.40 million$256.80 millionViewListenView Earnings Details
4/25/2013Q1 2013$0.50$0.53$251.76 million$251.29 millionViewListenView Earnings Details
1/31/2013Q4 2012$0.47$0.50$242.50 million$244.20 millionViewListenView Earnings Details
11/1/2012$1.01$1.05ViewN/AView Earnings Details
7/26/2012$1.02$1.11ViewN/AView Earnings Details
4/26/2012$0.95$1.01ViewN/AView Earnings Details
4/28/2011$0.83$0.87ViewN/AView Earnings Details
2/3/2011$0.82$0.85ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Minerals Technologies (NYSE:MTX)
2017 EPS Consensus Estimate: $4.66
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$1.00$1.11$1.06
Q2 20173$1.25$1.30$1.28
Q3 20173$1.17$1.20$1.18
Q4 20173$1.13$1.14$1.13
Q1 20182$1.17$1.18$1.18
Q2 20181$1.26$1.26$1.26
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Minerals Technologies (NYSE:MTX)
Most Recent Dividend:9/7/2017
Annual Dividend:$0.20
Dividend Yield:0.28%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:4.55% (Trailing 12 Months of Earnings)
4.36% (Based on This Year's Estimates)
3.97% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Minerals Technologies (NYSE:MTX)

Dividend History by Quarter for Minerals Technologies (NYSE MTX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/19/2017quarterly$0.050.27%8/23/20178/25/20179/7/2017
5/16/2017quarterly$0.050.28%5/26/20175/31/20176/9/2017
1/18/2017quarterly$0.050.26%2/15/20172/17/20173/9/2017
11/16/2016quarterly$0.050.27%11/23/201611/28/201612/9/2016
7/21/2016quarterly$0.050.31%8/24/20168/26/20169/8/2016
5/12/2016quarterly$0.050.35%5/24/20165/26/20166/9/2016
1/21/2016quarterly$0.050.53%2/17/20162/19/20163/10/2016
11/11/2015quarterly$0.050.34%11/23/201511/25/201512/10/2015
7/16/2015quarterly$0.050.31%8/25/20158/27/20159/10/2015
5/13/2015quarterly$0.050.29%5/22/20155/27/20156/10/2015
1/22/2015quarterly$0.050.32%2/18/20152/20/20153/11/2015
11/12/2014quarterly$0.050.26%11/25/201411/28/201412/11/2014
7/16/2014quarterly$0.050.32%8/26/20148/28/20149/11/2014
5/15/2014quarterly$0.050.33%5/23/20145/28/20146/11/2014
1/22/2014quarterly$0.050.34%2/19/20142/21/20143/12/2014
11/14/2013quarterly$0.050.35%11/26/201311/29/201312/12/2013
7/18/2013quarterly$0.050.44%8/27/20138/29/20139/12/2013
5/16/2013quarterly$0.050.47%5/24/20135/29/20136/12/2013
1/23/2013quarterly$0.050.49%2/20/20132/22/20133/13/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Minerals Technologies (NYSE:MTX)
Insider Ownership Percentage: 2.20%
Institutional Ownership Percentage: 94.11%
Insider Trades by Quarter for Minerals Technologies (NYSE:MTX)
Institutional Ownership by Quarter for Minerals Technologies (NYSE:MTX)
Insider Trades by Quarter for Minerals Technologies (NYSE:MTX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/26/2017Dj Monagle IIIInsiderSell25,639$70.03$1,795,499.17View SEC Filing  
2/15/2017Douglas W MaygerInsiderSell790$79.08$62,473.20View SEC Filing  
2/10/2017Douglas W MaygerInsiderSell7,373$78.18$576,421.14View SEC Filing  
11/14/2016Michael CipollaVPSell3,500$74.35$260,225.00View SEC Filing  
8/31/2016Jonathan J HastingsInsiderSell7,606$70.85$538,885.10View SEC Filing  
8/23/2016Douglas W MaygerInsiderSell3,972$70.39$279,589.08View SEC Filing  
8/23/2016Patrick CarpenterVPSell3,648$70.77$258,168.96View SEC Filing  
8/22/2016Patrick CarpenterVPSell5,467$70.57$385,806.19View SEC Filing  
8/18/2016Douglas W MaygerVPSell2,825$70.77$199,925.25View SEC Filing  
8/9/2016Douglas T DietrichCFOSell11,080$69.21$766,846.80View SEC Filing  
8/9/2016Michael CipollaVPSell8,267$69.21$572,159.07View SEC Filing  
6/27/2016Rick HoneyVPSell6,811$52.95$360,642.45View SEC Filing  
2/16/2016Michael CipollaVPSell170$44.46$7,558.20View SEC Filing  
2/10/2016Johannes C. SchutVPSell9,090$44.68$406,141.20View SEC Filing  
2/17/2015Douglas W MaygerSVPSell3,623$71.39$258,645.97View SEC Filing  
3/22/2013Steven J GolubDirectorSell5,000$42.23$211,150.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Minerals Technologies (NYSE:MTX)
Latest Headlines for Minerals Technologies (NYSE:MTX)
Source:
DateHeadline
americanbankingnews.com logoMinerals Technologies (MTX) & Its Rivals Critical Contrast
www.americanbankingnews.com - October 12 at 12:56 PM
americanbankingnews.com logoAnalyzing Minerals Technologies (MTX) & Its Peers
www.americanbankingnews.com - October 10 at 4:28 AM
feeds.benzinga.com logoMinerals Technologies Inc. Elects Franklin L. Feder to its Board of Directors
feeds.benzinga.com - October 9 at 8:52 AM
americanbankingnews.com logoHead-To-Head Comparison: KMG Chemicals (KMG) and Minerals Technologies (MTX)
www.americanbankingnews.com - October 9 at 8:10 AM
americanbankingnews.com logoHead-To-Head Comparison: Orion Engineered Carbons S.A (OEC) vs. Minerals Technologies (MTX)
www.americanbankingnews.com - October 6 at 12:13 PM
americanbankingnews.com logoReviewing Minerals Technologies (MTX) and Innospec (IOSP)
www.americanbankingnews.com - October 5 at 11:28 AM
americanbankingnews.com logoMinerals Technologies (MTX) vs. Its Competitors Head to Head Contrast
www.americanbankingnews.com - October 3 at 6:20 PM
americanbankingnews.com logoDj Monagle III Sells 25,639 Shares of Minerals Technologies Inc. (MTX) Stock
www.americanbankingnews.com - September 26 at 4:22 PM
americanbankingnews.com logoMinerals Technologies (MTX) & Ferro Corporation (FOE) Financial Comparison
www.americanbankingnews.com - September 25 at 4:10 PM
americanbankingnews.com logoShare Buyback Plan Approved by Minerals Technologies (MTX) Board
www.americanbankingnews.com - September 22 at 11:15 AM
finance.yahoo.com logoMinerals Technologies, Inc. breached its 50 day moving average in a Bearish Manner : MTX-US : September 20, 2017
finance.yahoo.com - September 22 at 9:44 AM
finance.yahoo.com logoMinerals Technologies, Inc. :MTX-US: Earnings Analysis: Q2, 2017 By the Numbers : September 20, 2017
finance.yahoo.com - September 22 at 9:44 AM
finance.yahoo.com logoMinerals Technologies, Inc. : MTX-US: Dividend Analysis : August 25th, 2017 (record date) : By the numbers : September 20, 2017
finance.yahoo.com - September 22 at 9:44 AM
finance.yahoo.com logoMinerals Technologies Board of Directors Authorizes $150 Million, Two-Year Share Repurchase Program
finance.yahoo.com - September 22 at 9:44 AM
americanbankingnews.com logoHead-To-Head Survey: Minerals Technologies (MTX) versus Stepan (SCL)
www.americanbankingnews.com - August 24 at 6:24 PM
americanbankingnews.com logoFirst Analysis Brokers Cut Earnings Estimates for Minerals Technologies Inc. (MTX)
www.americanbankingnews.com - August 23 at 8:10 AM
feeds.benzinga.com logoMinerals Technologies Inc. Elects Carolyn K. Pittman to Its Board of Directors
feeds.benzinga.com - August 11 at 1:10 PM
americanbankingnews.com logoFY2017 EPS Estimates for Minerals Technologies Inc. (NYSE:MTX) Lowered by Gabelli
www.americanbankingnews.com - August 10 at 10:42 AM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Minerals Technologies Inc.
finance.yahoo.com - August 10 at 6:06 AM
americanbankingnews.com logoMinerals 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
finance.yahoo.com logoMinerals Technologies, Inc. – Value Analysis (NYSE:MTX) : August 7, 2017
finance.yahoo.com - August 7 at 8:15 PM
finance.yahoo.com logoEdited Transcript of MTX earnings conference call or presentation 4-Aug-17 3:00pm GMT
finance.yahoo.com - August 7 at 8:15 PM
americanbankingnews.com logoMinerals Technologies Inc. (MTX) Releases Q3 Earnings Guidance
www.americanbankingnews.com - August 4 at 2:26 PM
rttnews.com logoMinerals Technologies Inc Earnings Climb 3% In Q2
www.rttnews.com - August 4 at 5:50 AM
finance.yahoo.com logoMinerals 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
finance.yahoo.com logoMinerals Technologies misses 2Q profit forecasts
finance.yahoo.com - August 4 at 5:50 AM
americanbankingnews.com logoMinerals Technologies Inc. (NYSE:MTX) to Release Earnings on Thursday
www.americanbankingnews.com - July 27 at 1:26 PM
americanbankingnews.com logoHead to Head Review: Stepan (SCL) vs. Minerals Technologies (MTX)
www.americanbankingnews.com - July 27 at 10:58 AM
finance.yahoo.com logoMinerals 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
finance.yahoo.com logoETFs with exposure to Minerals Technologies, Inc. : July 24, 2017
finance.yahoo.com - July 25 at 4:36 AM
finance.yahoo.com logoAdvisory: Minerals Technologies Inc. Second Quarter 2017 Conference Call
finance.yahoo.com - July 21 at 3:05 AM
nasdaq.com logoBullish Two Hundred Day Moving Average Cross - MTX
www.nasdaq.com - July 20 at 2:03 AM
americanbankingnews.com logoMinerals Technologies Inc. (MTX) Plans Quarterly Dividend of $0.05
www.americanbankingnews.com - July 19 at 11:05 AM
finance.yahoo.com logoETFs with exposure to Minerals Technologies, Inc. : July 14, 2017
finance.yahoo.com - July 15 at 6:43 AM
finance.yahoo.com logoMinerals 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
americanbankingnews.com logo Minerals Technologies Inc. (NYSE:MTX) Given $80.00 Consensus Price Target by Brokerages
www.americanbankingnews.com - July 13 at 9:32 AM
nasdaq.com logoMTX Makes Notable Cross Below Critical Moving Average
www.nasdaq.com - May 10 at 6:46 PM
seekingalpha.com logoMinerals Technologies' (MTX) CEO Doug Dietrich on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 6 at 6:39 PM
marketbeat.com logoMinerals Technologies beats 1Q profit forecasts
marketbeat.com - May 4 at 7:38 PM
rttnews.com logoMinerals Technologies Inc Earnings Advance 7% In Q1
www.rttnews.com - May 4 at 6:47 PM
nasdaq.com logoRelative Strength Alert For Minerals Technologies
www.nasdaq.com - March 15 at 6:54 PM
biz.yahoo.com logoMINERALS TECHNOLOGIES INC Files SEC form 8-K/A, Change in Directors or Principal Officers
biz.yahoo.com - February 18 at 11:43 AM
biz.yahoo.com logoMINERALS TECHNOLOGIES INC Files SEC form 10-K, Annual Report
biz.yahoo.com - February 17 at 4:46 PM
biz.yahoo.com logoMINERALS TECHNOLOGIES INC Files SEC form 8-K, Creation of a Direct Financial Obligation or an Obligation under an Off
biz.yahoo.com - February 16 at 6:17 PM
rttnews.com logoMinerals Technologies Inc Q4 Earnings Advance 10%
www.rttnews.com - February 3 at 5:37 AM
biz.yahoo.com logoQ4 2016 Minerals Technologies Inc Earnings Release - After Market Close
us.rd.yahoo.com - February 2 at 7:34 PM
feeds.benzinga.com logoMinerals Technologies Reports Fourth Quarter Earnings of $1.04 Per Share, or $1.08 Per Share, Excluding Special Items
feeds.benzinga.com - February 2 at 7:29 PM
capitalcube.com logoMinerals Technologies, Inc. breached its 50 day moving average in a Bullish Manner : MTX-US : January 23, 2017
us.rd.yahoo.com - January 24 at 7:29 PM
us.rd.yahoo.com logo8:53 am Minerals Tech appoints Matthew Garth as CFO
us.rd.yahoo.com - January 24 at 7:29 PM
capitalcube.com logoMinerals Technologies, Inc. : MTX-US: Dividend Analysis : November 28th, 2016 (record date) : By the numbers : January 23, 2017
us.rd.yahoo.com - January 24 at 7:29 PM

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Chart

Minerals Technologies (MTX) Chart for Tuesday, October, 17, 2017

This page was last updated on 10/17/2017 by MarketBeat.com Staff

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