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S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
A gold storm is coming… (Ad)
State of the Union: Biden sees economic glow, GOP sees gloom
Why a new Alzheimer's drug is having a slow US debut
A gold storm is coming… (Ad)
Sri Lanka marks independence anniversary amid economic woes
Tesla hikes price of Model Y after US alters tax credit rule
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Disney World unions vote down offer covering 45,000 workers
Route to Super Bowl dangerous for Mexico's avocado haulers
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
A gold storm is coming… (Ad)
State of the Union: Biden sees economic glow, GOP sees gloom
Why a new Alzheimer's drug is having a slow US debut
A gold storm is coming… (Ad)
Sri Lanka marks independence anniversary amid economic woes
Tesla hikes price of Model Y after US alters tax credit rule
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Disney World unions vote down offer covering 45,000 workers
Route to Super Bowl dangerous for Mexico's avocado haulers
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
A gold storm is coming… (Ad)
State of the Union: Biden sees economic glow, GOP sees gloom
Why a new Alzheimer's drug is having a slow US debut
A gold storm is coming… (Ad)
Sri Lanka marks independence anniversary amid economic woes
Tesla hikes price of Model Y after US alters tax credit rule
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Disney World unions vote down offer covering 45,000 workers
Route to Super Bowl dangerous for Mexico's avocado haulers
NYSE:MTX

Minerals Technologies - MTX Stock Forecast, Price & News

$63.15
-9.50 (-13.08%)
(As of 02/3/2023 12:00 AM ET)
Add
Compare
Today's Range
$59.80
$64.12
50-Day Range
$56.64
$72.65
52-Week Range
$49.38
$73.57
Volume
507,910 shs
Average Volume
116,919 shs
Market Capitalization
$2.05 billion
P/E Ratio
16.98
Dividend Yield
0.32%
Price Target
$81.00

Minerals Technologies MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
22.5% Upside
$77.33 Price Target
Short Interest
Healthy
0.97% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.04mentions of Minerals Technologies in the last 14 days
Based on 16 Articles This Week
Insider Trading
Selling Shares
$1.11 M Sold Last Quarter
Proj. Earnings Growth
21.86%
From $5.81 to $7.08 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.67 out of 5 stars

Basic Materials Sector

17th out of 158 stocks

Industrial Inorganic Chemicals Industry

2nd out of 10 stocks

MTX stock logo

About Minerals Technologies (NYSE:MTX) Stock

Minerals Technologies, Inc. is a resource and technology-based company. It develops, produces, and markets a range of mineral, mineral-based, and synthetic mineral products. It operates through the following four segments: Performance Materials, Specialty Minerals, Refractories and Energy Services. The Performance Materials segment supplies bentonite and bentonite-related products, chromite and leonardite. The Specialty Minerals segment produces and sells the synthetic mineral product precipitated calcium carbonate and processed mineral product quicklime, and mines mineral ores then processes and sells natural mineral products, primarily limestone and talc. The Refractories segment produces monolithic and shaped refractory materials and products, and also provides services and sells application and measurement equipment, and calcium metal and metallurgical wire products. The Energy Services segment provides services to improve the production, costs, compliance, and environmental impact of activities performed in oil & gas industry. The company was founded on February 19, 1968 and is headquartered in New York, NY.

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MTX Stock News Headlines

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Minerals Technologies (MTX) Q3 Earnings Lag Estimates
Earnings Preview: Minerals Technologies
See More Headlines
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MTX Company Calendar

Ex-Dividend for 12/8 Dividend
11/01/2022
Dividend Payable
12/08/2022
Last Earnings
2/03/2023
Today
2/05/2023
Ex-Dividend for 3/9 Dividend
2/15/2023
Dividend Payable
3/09/2023
Next Earnings (Estimated)
4/27/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Industrial inorganic chemicals
Sub-Industry
Specialty Chemicals
CUSIP
60315810
Employees
3,961
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$77.33
High Stock Price Forecast
$87.00
Low Stock Price Forecast
$70.00
Forecasted Upside/Downside
+28.3%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
4 Analysts

Profitability

Net Income
$164.40 million
Pretax Margin
8.57%

Debt

Sales & Book Value

Annual Sales
$2.13 billion
Cash Flow
$7.94 per share
Book Value
$47.44 per share

Miscellaneous

Free Float
31,412,000
Market Cap
$2.05 billion
Optionable
Optionable
Beta
1.29

Key Executives

  • Douglas T. Dietrich
    Chairman & Chief Executive Officer
  • Douglas W. Mayger
    Senior Vice President & Head-Global Operations
  • Erik C. Aldag
    Chief Financial Officer, Treasurer & SVP-Finance
  • Timothy J. Jordan
    Secretary, Chief Compliance Officer & VP
  • Brett Argirakis
    Senior VP & MD-MTI Global Supply Chain













MTX Stock - Frequently Asked Questions

Should I buy or sell Minerals Technologies stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Minerals Technologies in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" MTX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MTX, but not buy additional shares or sell existing shares.
View MTX analyst ratings
or view top-rated stocks.

What is Minerals Technologies' stock price forecast for 2023?

4 brokerages have issued 12 month price targets for Minerals Technologies' stock. Their MTX share price forecasts range from $70.00 to $87.00. On average, they anticipate the company's stock price to reach $77.33 in the next year. This suggests a possible upside of 22.5% from the stock's current price.
View analysts price targets for MTX
or view top-rated stocks among Wall Street analysts.

How have MTX shares performed in 2023?

Minerals Technologies' stock was trading at $60.72 at the start of the year. Since then, MTX stock has increased by 4.0% and is now trading at $63.15.
View the best growth stocks for 2023 here
.

Are investors shorting Minerals Technologies?

Minerals Technologies saw a decline in short interest in the month of December. As of December 30th, there was short interest totaling 383,200 shares, a decline of 22.2% from the December 15th total of 492,800 shares. Based on an average daily trading volume, of 156,900 shares, the days-to-cover ratio is presently 2.4 days. Currently, 1.2% of the company's shares are sold short.
View Minerals Technologies' Short Interest
.

When is Minerals Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our MTX earnings forecast
.

How were Minerals Technologies' earnings last quarter?

Minerals Technologies Inc. (NYSE:MTX) released its earnings results on Friday, February, 3rd. The basic materials company reported $0.67 EPS for the quarter, missing the consensus estimate of $1.19 by $0.52. The basic materials company earned $507.60 million during the quarter, compared to analysts' expectations of $516.83 million. Minerals Technologies had a net margin of 5.76% and a trailing twelve-month return on equity of 10.20%. The company's revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.25 earnings per share.

How often does Minerals Technologies pay dividends? What is the dividend yield for Minerals Technologies?

Minerals Technologies declared a quarterly dividend on Wednesday, January 25th. Shareholders of record on Thursday, February 16th will be given a dividend of $0.05 per share on Thursday, March 9th. This represents a $0.20 dividend on an annualized basis and a yield of 0.32%. The ex-dividend date is Wednesday, February 15th.
Read our dividend analysis for MTX
.

Is Minerals Technologies a good dividend stock?

Minerals Technologies (NYSE:MTX) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.28%. The dividend payout ratio is 5.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MTX will have a dividend payout ratio of 2.82% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MTX.

What is ​Douglas T. Dietrich's approval rating as Minerals Technologies' CEO?

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.

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 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).

What is Minerals Technologies' stock symbol?

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

Who are Minerals Technologies' major shareholders?

Minerals Technologies' stock is owned by a variety of institutional and retail investors. Top institutional investors include Boston Trust Walden Corp (1.73%), Allspring Global Investments Holdings LLC (1.15%), Ceredex Value Advisors LLC (0.80%), New York State Teachers Retirement System (0.22%), Foundry Partners LLC (0.19%) and Yousif Capital Management LLC (0.06%). Insiders that own company stock include Andrew M Jones, Brett Argirakis, Dj Monagle III, Douglas T Dietrich, Douglas W Mayger, Jonathan J Hastings, Michael Cipolla and Thomas J Meek.
View institutional ownership trends
.

How do I buy shares of Minerals Technologies?

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.
Compare Top Brokerages Here.

What is Minerals Technologies' stock price today?

One share of MTX stock can currently be purchased for approximately $63.15.

How much money does Minerals Technologies make?

Minerals Technologies (NYSE:MTX) has a market capitalization of $2.05 billion and generates $2.13 billion in revenue each year. The basic materials company earns $164.40 million in net income (profit) each year or $3.72 on an earnings per share basis.

How many employees does Minerals Technologies have?

The company employs 3,961 workers across the globe.

How can I contact Minerals Technologies?

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.

This page (NYSE:MTX) was last updated on 2/5/2023 by MarketBeat.com Staff