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 29.3% and is now trading at $46.26. 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 earnings results on Thursday, April, 30th. The basic materials company reported $1.13 EPS for the quarter, topping the Thomson Reuters' consensus estimate 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%. Minerals Technologies'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 company posted $1.11 earnings per share. View Minerals Technologies' earnings history.

Minerals Technologies announced 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 dividend on an annualized basis and a dividend yield of 0.43%. The ex-dividend date is Wednesday, May 27th. View Minerals Technologies' dividend history.

3 equities research analysts have issued 1 year target prices for Minerals Technologies' shares. Their forecasts range from $52.00 to $55.00. On average, they anticipate Minerals Technologies' stock price to reach $53.50 in the next twelve months. This suggests a possible upside of 15.7% from the stock's current price. View analysts' price targets for Minerals Technologies.

News stories about MTX stock have trended negative recently, according to InfoTrie. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Minerals Technologies earned a news impact score of -2.1 on InfoTrie's scale. They also assigned news articles about the basic materials company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news about Minerals Technologies.

Minerals Technologies saw a drop in short interest during the month of June. As of June 30th, there was short interest totaling 607,700 shares, a drop of 25.6% from the June 15th total of 817,100 shares. Based on an average trading volume of 205,900 shares, the days-to-cover ratio is presently 3.0 days. Approximately 1.8% 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."

Minerals Technologies' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Skyline Asset Management LP (0.43%). 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.

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 $46.26.

Minerals Technologies has a market capitalization of $1.58 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.