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 Thursday, May 17th. Shareholders of record on Thursday, May 31st will be given a dividend of $0.05 per share on Thursday, June 14th. This represents a $0.20 dividend on an annualized basis and a yield of 0.26%. The ex-dividend date is Wednesday, May 30th. View Minerals Technologies' Dividend History.

Minerals Technologies announced that its board has initiated 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 reacquire up to 6.1% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's board of directors 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 EPS for the quarter, topping analysts' consensus estimates of $1.12 by $0.01. The basic materials company had revenue of $431.30 million for the quarter, compared to the consensus estimate of $420 million. Minerals Technologies had a net margin of 11.77% and a return on equity of 13.36%. The business's quarterly revenue was up 6.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.97 EPS. 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.

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

Media stories about MTX stock have been trending somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Minerals Technologies earned a news sentiment score of 0.23 on Accern's scale. They also assigned media stories about the basic materials company an impact score of 46.32 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Minerals Technologies' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.53%), Dimensional Fund Advisors LP (4.23%), Silvercrest Asset Management Group LLC (3.63%), Northern Trust Corp (2.91%), Victory Capital Management Inc. (2.62%) and Franklin Resources Inc. (2.43%). Company insiders that own Minerals Technologies stock include Carolyn K Pittman, Dj Monagle III, Douglas T Dietrich, Douglas W Mayger, Jonathan J Hastings, Joseph C Breunig, Michael Cipolla, Patrick Carpenter and Rick Honey. View Institutional Ownership Trends for Minerals Technologies.

MTX stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, JPMorgan Chase & Co., Citadel Advisors LLC, Prudential Financial Inc., BNP Paribas Arbitrage SA, Wedge Capital Management L L P NC, Cubist Systematic Strategies LLC and Loomis Sayles & Co. L P. 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 bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Franklin Resources Inc., Nuveen Asset Management LLC, Boston Partners, BlackRock Inc., Dimensional Fund Advisors LP, Silvercrest Asset Management Group LLC and Schwab Charles Investment Management Inc.. Company insiders that have bought Minerals Technologies stock in the last two years include Carolyn K Pittman 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 $75.95.

Minerals Technologies has a market capitalization of $2.70 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.