Log in
NYSE:MTX

Minerals Technologies Stock Forecast, Price & News

$49.67
-0.39 (-0.78 %)
(As of 09/18/2020 12:00 AM ET)
Add
Compare
Today's Range
$49.57
Now: $49.67
$51.26
50-Day Range
$46.88
MA: $50.74
$53.34
52-Week Range
$27.28
Now: $49.67
$59.18
Volume466,984 shs
Average Volume183,093 shs
Market Capitalization$1.69 billion
P/E Ratio14.40
Dividend Yield0.40%
Beta1.74
Minerals Technologies Inc. develops, produces, and markets various specialty mineral, mineral-based, and synthetic mineral products, and supporting systems and services worldwide. The company's Specialty Minerals segment produces and sells precipitated calcium carbonate and quicklime; and provides natural mineral products comprising limestone and talc. This segment's products are used in paper, building materials, paint and coatings, glass, ceramic, polymer, food, automotive, and pharmaceutical industries. Its Performance Materials segment supplies bentonite and bentonite-related products, as well as chromite and leonardite. This segment offers metal casting products; household, personal care, and specialty products; and basic minerals, environmental products, and building materials. In addition, this segment provides products for non-residential construction, environmental, and infrastructure projects, as well as for construction project customers. The company's Refractories segment offers monolithic and shaped refractory materials; specialty products, services, and application and measurement equipment; and calcium metal and metallurgical wire products that are used in the applications of steel, non-ferrous metal, and glass industries. Its Energy Services segment provides offshore filtration and well testing services to the oil and gas industry. The company markets its products primarily through its direct sales force, as well as regional distributors. Minerals Technologies Inc. was founded in 1968 and is headquartered in New York, New York.
Read More
Minerals Technologies logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.5Community Rank: 1.9Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.59 out of 5 stars


Industry, Sector and Symbol

Industry Industrial inorganic chemicals
Sub-IndustrySpecialty Chemicals
CUSIP60315810
Phone212-878-1800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.79 billion
Cash Flow$7.23 per share
Book Value$41.16 per share

Profitability

Net Income$132.70 million

Miscellaneous

Employees1,950
Market Cap$1.69 billion
Next Earnings Date10/29/2020 (Estimated)
OptionableOptionable
$49.67
-0.39 (-0.78 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive MTX News and Ratings via Email

Sign-up to receive the latest news and ratings for MTX and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Minerals Technologies (NYSE:MTX) Frequently Asked Questions

How has Minerals Technologies' stock been impacted by COVID-19 (Coronavirus)?

Minerals Technologies' stock was trading at $35.79 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MTX shares have increased by 38.8% and is now trading at $49.67.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Minerals Technologies?

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

When is Minerals Technologies' next earnings date?

Minerals Technologies is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
View our earnings forecast for Minerals Technologies
.

How were Minerals Technologies' earnings last quarter?

Minerals Technologies Inc (NYSE:MTX) announced its earnings results on Thursday, July, 30th. The basic materials company reported $0.85 earnings per share for the quarter, missing analysts' consensus estimates of $0.87 by $0.02. The basic materials company had revenue of $357.20 million for the quarter, compared to analyst estimates of $402.52 million. Minerals Technologies had a return on equity of 9.67% and a net margin of 7.21%.
View Minerals Technologies' earnings history
.

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

Minerals Technologies announced a quarterly dividend on Thursday, July 16th. Shareholders of record on Friday, August 21st will be paid a dividend of $0.05 per share on Thursday, September 3rd. This represents a $0.20 dividend on an annualized basis and a yield of 0.40%. The ex-dividend date is Thursday, August 20th.
View Minerals Technologies' dividend history
.

What price target have analysts set for MTX?

3 brokers have issued twelve-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 twelve months. This suggests a possible upside of 7.7% from the stock's current price.
View analysts' price targets for Minerals Technologies
.

Are investors shorting Minerals Technologies?

Minerals Technologies saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 569,100 shares, a drop of 16.5% from the August 15th total of 681,900 shares. Based on an average daily volume of 156,200 shares, the short-interest ratio is currently 3.6 days. Currently, 1.7% of the shares of the stock are short sold.
View Minerals Technologies' Short Interest
.

Who are some of Minerals Technologies' key competitors?

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 Carnival (CCL), Omega Healthcare Investors (OHI), AT&T (T), AbbVie (ABBV), Cisco Systems (CSCO), CVS Health (CVS), Meredith (MDP), Altria Group (MO), Pfizer (PFE) and Domtar (UFS).

Who are Minerals Technologies' key executives?

Minerals Technologies' management team includes the following people:
  • Mr. Douglas T. Dietrich, CEO & Director (Age 50)
  • Mr. Matthew E. Garth, Sr. VP of Fin. & Treasury and CFO (Age 45)
  • Mr. Thomas J. Meek, Sr. VP of HR, Gen. Counsel, Sec. & Chief Compliance Officer (Age 62)
  • Mr. D. J. Monagle III, Group Pres of Specialty Minerals & Refractories (Age 56)
  • Mr. Michael A. Cipolla, VP, Corp. Controller & Chief Accounting Officer (Age 61)

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 Vanguard Group Inc. (9.33%), Victory Capital Management Inc. (4.60%), Nuveen Asset Management LLC (1.80%), Charles Schwab Investment Management Inc. (1.28%), Boston Trust Walden Corp (1.13%) and Goldman Sachs Group Inc. (1.07%). Company insiders that own Minerals Technologies stock include Andrew M Jones, Dj Monagle III, Douglas T Dietrich, Michael Cipolla, Robert L Clark and Thomas J Meek.
View institutional ownership trends for Minerals Technologies
.

Which major investors are selling Minerals Technologies stock?

MTX stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Man Group plc, Nuveen Asset Management LLC, Trillium Asset Management LLC, Denali Advisors LLC, Skyline Asset Management LP, New York State Common Retirement Fund, and First Quadrant L P CA. Company insiders that have sold Minerals Technologies company stock in the last year include Dj Monagle III, and Michael Cipolla.
View insider buying and selling activity for Minerals Technologies
.

Which major investors are buying Minerals Technologies stock?

MTX stock was bought by a variety of institutional investors in the last quarter, including Marshall Wace LLP, AQR Capital Management LLC, Marshall Wace North America L.P., Bridgeway Capital Management Inc., Assenagon Asset Management S.A., Gamco Investors INC. ET AL, Boston Trust Walden Corp, and Bank of America Corp DE. Company insiders that have bought Minerals Technologies stock in the last two years include Douglas T Dietrich, and Robert L Clark.
View insider buying and selling activity for Minerals Technologies
.

How do I buy shares of 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.

What is Minerals Technologies' stock price today?

One share of MTX stock can currently be purchased for approximately $49.67.

How big of a company is Minerals Technologies?

Minerals Technologies has a market capitalization of $1.69 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.

What is Minerals Technologies' official website?

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

How can I contact Minerals Technologies?

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.

This page was last updated on 9/20/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.