Minerals Technologies - MTX Stock Forecast, Price & News

2 Wall Street equities research 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. The consensus among Wall Street equities research analysts is that investors should "buy" MTX shares.
View MTX analyst ratings or view top-rated stocks.

2 Wall Street research analysts have issued 1 year price objectives for Minerals Technologies' shares. Their MTX share price forecasts range from $75.00 to $87.00. On average, they anticipate the company's share price to reach $81.00 in the next year. This suggests a possible upside of 58.3% from the stock's current price.
View analysts price targets for MTX or view top-rated stocks among Wall Street analysts.

Minerals Technologies' stock was trading at $73.15 on January 1st, 2022. Since then, MTX shares have decreased by 30.0% and is now trading at $51.17.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our MTX earnings forecast.

Minerals Technologies Inc. (NYSE:MTX) posted its quarterly earnings data on Thursday, July, 28th. The basic materials company reported $1.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.46 by $0.04. The basic materials company earned $577 million during the quarter, compared to the consensus estimate of $533.65 million. Minerals Technologies had a net margin of 8.46% and a trailing twelve-month return on equity of 11.44%. The business's quarterly revenue was up 26.5% compared to the same quarter last year. During the same period last year, the business posted $1.29 EPS.

Minerals Technologies announced a quarterly dividend on Wednesday, July 20th. Stockholders of record on Friday, August 19th will be given a dividend of $0.05 per share on Friday, September 9th. This represents a $0.20 annualized dividend and a dividend yield of 0.39%. The ex-dividend date of this dividend is Thursday, August 18th.
Read our dividend analysis for MTX.

Minerals Technologies (NYSE:MTX) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.39%. The dividend payout ratio is 3.89%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MTX will have a dividend payout ratio of 3.29% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MTX.

4 employees have rated Minerals Technologies Chief Executive Officer ​Douglas T. Dietrich on Glassdoor.com. ​Douglas T. Dietrich has an approval rating of 29% among the company's employees. This puts ​Douglas T. Dietrich in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Minerals Technologies investors own include AT&T (T), AbbVie (ABBV), Carnival Co. & (CCL), Cisco Systems (CSCO), CVS Health (CVS), Gilead Sciences (GILD), Altria Group (MO), Omega Healthcare Investors (OHI), Pfizer (PFE) and Skyworks Solutions (SWKS).

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

Minerals Technologies' stock is owned by a number of institutional and retail investors. Top institutional investors include Franklin Resources Inc. (6.27%), Macquarie Group Ltd. (5.56%), Price T Rowe Associates Inc. MD (4.15%), Victory Capital Management Inc. (3.24%), State Street Corp (3.20%) and Northern Trust Corp (2.16%). Insiders that own company stock include Andrew M Jones, Dj Monagle III, Douglas T Dietrich, Douglas W Mayger, Jonathan J Hastings, Michael Cipolla and Thomas J Meek.
View institutional ownership trends.

Shares of MTX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MTX stock can currently be purchased for approximately $51.17.

Minerals Technologies (NYSE:MTX) has a market capitalization of $1.67 billion and generates $1.86 billion in revenue each year. The basic materials company earns $164.40 million in net income (profit) each year or $5.14 on an earnings per share basis.

The company employs 3,961 workers across the globe.

Minerals Technologies' mailing address is 622 THIRD AVENUE, NEW YORK NY, 10017. The official website for the company is www.mineralstech.com. The basic materials company can be reached via phone at (212) 878-1800 or via fax at 212-878-1802.