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 declared a quarterly dividend on Wednesday, July 18th. Investors of record on Friday, August 24th will be paid a dividend of $0.05 per share on Thursday, September 6th. This represents a $0.20 annualized dividend and a yield of 0.27%. View Minerals Technologies' Dividend History.

Minerals Technologies declared that its Board of Directors has authorized a share buyback program on Friday, September 22nd 2017, which authorizes the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 6.1% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's board believes its shares are undervalued.

Minerals Technologies Inc (NYSE:MTX) released its quarterly earnings data on Thursday, May, 3rd. The basic materials company reported $1.13 earnings per share 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 net margin of 11.77% and a return on equity of 13.36%. The company's revenue for the quarter was up 6.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.97 earnings per share. 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.

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

Some companies that are related to Minerals Technologies include JSR Corp/ADR (JSCPY), Kronos Worldwide (KRO), Tronox (TROX), Venator Materials (VNTR), Valhi (VHI), Luxfer (LXFR), NL Industries (NL), LSB Industries (LXU), Hydrogenics (HYGS) and Polydex Pharmaceuticals (POLXF).

News headlines about MTX stock have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Minerals Technologies earned a news impact score of 0.11 on Accern's scale. They also gave news headlines about the basic materials company an impact score of 47.50 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

Minerals Technologies' stock is owned by many different of institutional and retail investors. Top institutional investors include Bank of Montreal Can (0.10%) and Oakbrook Investments LLC (0.01%). Company insiders that own Minerals Technologies stock include Carolyn K Pittman, Dj Monagle III, Douglas T Dietrich, Douglas W Mayger, Franklin Feder, Jonathan J Hastings, Joseph C Breunig, Michael Cipolla and Patrick Carpenter. View Institutional Ownership Trends for Minerals Technologies.

MTX stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can. 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 acquired by a variety of institutional investors in the last quarter, including Oakbrook Investments LLC. Company insiders that have bought Minerals Technologies stock in the last two years include Carolyn K Pittman, Franklin Feder 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 $75.15.

Minerals Technologies has a market capitalization of $2.63 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.