NYSE:MTXMinerals Technologies Stock Price, Forecast & News

Minerals Technologies' stock was trading at $35.79 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MTX shares have increased by 28.7% and is now trading at $46.06. 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) issued its quarterly earnings data on Thursday, April, 30th. The basic materials company reported $1.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.95 by $0.18. The basic materials company earned $417.50 million during the quarter, compared to analyst estimates of $427.83 million. Minerals Technologies had a net margin of 7.47% and a return on equity of 10.41%. The business's revenue for the quarter was down 4.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.11 earnings per share. View Minerals Technologies' earnings history.

Minerals Technologies declared a quarterly dividend on Wednesday, May 13th. Shareholders 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 annualized dividend and a yield of 0.43%. The ex-dividend date is Wednesday, May 27th. View Minerals Technologies' dividend history.

Minerals Technologies updated its first quarter 2020 After-Hours earnings guidance on Wednesday, April, 8th. The company provided earnings per share (EPS) guidance of 0.95 for the period, compared to the Thomson Reuters consensus estimate of $0.92.

3 analysts have issued 1 year price targets for Minerals Technologies' shares. Their forecasts range from $52.00 to $55.00. On average, they expect Minerals Technologies' stock price to reach $53.50 in the next twelve months. This suggests a possible upside of 16.2% from the stock's current price. View analysts' price targets for Minerals Technologies.

Headlines about MTX stock have trended somewhat negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring 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 media sentiment score of -1.0 on InfoTrie's scale. They also gave news articles about the basic materials company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days. View the latest news about Minerals Technologies.

Minerals Technologies saw a increase in short interest during the month of June. As of June 15th, there was short interest totaling 817,100 shares, an increase of 9.1% from the May 31st total of 749,100 shares. Based on an average daily trading volume, of 219,500 shares, the short-interest ratio is presently 3.7 days. Currently, 2.4% of the shares of the stock are sold short. 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."

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 $46.06.

Minerals Technologies has a market capitalization of $1.57 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.