NYSE:MTXMinerals Technologies Stock Price, Forecast & News

Minerals Technologies' stock was trading at $35.79 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MTX stock has increased by 20.5% and is now trading at $43.11. View which stocks have been most impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Minerals Technologies in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Minerals Technologies.

Minerals Technologies is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Minerals Technologies.

Minerals Technologies Inc (NYSE:MTX) posted its quarterly earnings data on Thursday, April, 30th. The basic materials company reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.95 by $0.18. The basic materials company had revenue of $417.50 million for the quarter, compared to analysts' expectations of $427.83 million. Minerals Technologies had a return on equity of 10.41% and a net margin of 7.47%. Minerals Technologies's revenue was down 4.6% on a year-over-year basis. During the same quarter last year, the business posted $1.11 earnings per share. View Minerals Technologies' earnings history.

Minerals Technologies announced a quarterly dividend on Wednesday, May 13th. Investors of record on Thursday, May 28th will be paid a dividend of $0.05 per share on Thursday, June 11th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.46%. The ex-dividend date of this dividend is Wednesday, May 27th. View Minerals Technologies' dividend history.

3 brokerages have issued 12-month price objectives for Minerals Technologies' stock. Their forecasts range from $52.00 to $55.00. On average, they expect Minerals Technologies' stock price to reach $53.50 in the next year. This suggests a possible upside of 24.1% from the stock's current price. View analysts' price targets for Minerals Technologies.

Press coverage about MTX stock has trended neutral recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Minerals Technologies earned a daily sentiment score of 0.5 on InfoTrie's scale. They also gave news headlines about the basic materials company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news about Minerals Technologies.

Minerals Technologies saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 607,700 shares, a decrease of 25.6% from the June 15th total of 817,100 shares. Based on an average daily trading volume, of 205,900 shares, the days-to-cover ratio is currently 3.0 days. Currently, 1.8% of the shares of the stock are short sold. View Minerals Technologies' Current Options Chain.

Some companies that are related to Minerals Technologies include Ecolab (ECL), Sherwin-Williams (SHW), International Flavors & Fragrances (IFF), Celanese (CE), RPM International (RPM), Albemarle (ALB), NewMarket (NEU), Ashland Global (ASH), W. R. Grace & Co (GRA), Quaker Chemical (KWR), Balchem (BCPC), PolyOne (POL), HB Fuller (FUL), Sensient Technologies (SXT) and Stepan (SCL). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Minerals Technologies investors own include AbbVie (ABBV), Allergan (AGN), Bank of Nova Scotia (BNS), Carnival (CCL), Callon Petroleum (CPE), Consolidated Edison (ED), Ford Motor (F), General Motors (GM), Intel (INTC) and Kohl's (KSS).

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

Minerals Technologies' stock is owned by a number of retail and institutional investors. Top institutional investors include Skyline Asset Management LP (0.43%), Envestnet Asset Management Inc. (0.07%) and Unison Advisors LLC (0.01%). Company insiders that own Minerals Technologies stock include Andrew M Jones, Dj Monagle III, Douglas T Dietrich, John J Carmola, Michael Cipolla, Robert L Clark and Thomas J Meek. View institutional ownership trends for Minerals Technologies.

MTX stock was sold by a variety of institutional investors in the last quarter, including Skyline Asset Management LP. Company insiders that have sold Minerals Technologies company stock in the last year include Dj Monagle III, Michael Cipolla, and Thomas J Meek. View insider buying and selling activity for Minerals Technologies.

MTX stock was acquired by a variety of institutional investors in the last quarter, including Unison Advisors LLC, and Envestnet Asset Management Inc.. Company insiders that have bought Minerals Technologies stock in the last two years include Douglas T Dietrich, John J Carmola, and Robert L Clark. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of MTX stock can currently be purchased for approximately $43.11.

Minerals Technologies has a market capitalization of $1.47 billion and generates $1.79 billion in revenue each year. The basic materials company earns $132.70 million in net income (profit) each year or $4.23 on an earnings per share basis. Minerals Technologies employs 1,950 workers across the globe.

The official website for Minerals Technologies is www.mineralstech.com.

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.