NYSE:MTX - Minerals Technologies Stock Price, News, & Analysis

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$53.66 -1.76 (-3.18 %)
(As of 05/24/2019 06:00 AM ET)
Previous Close$55.42
Today's Range$53.14 - $56.93
52-Week Range$47.07 - $80.80
Volume154,712 shs
Average Volume101,413 shs
Market Capitalization$1.89 billion
P/E Ratio11.09
Dividend Yield0.35%
Beta1.92
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.

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Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.81 billion
Cash Flow$7.1547 per share
Book Value$40.51 per share

Profitability

Net Income$169 million

Miscellaneous

Employees1,995
Market Cap$1.89 billion
Next Earnings Date8/1/2019 (Estimated)
OptionableOptionable

Minerals Technologies (NYSE:MTX) Frequently Asked Questions

What is Minerals Technologies' stock symbol?

Minerals Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTX."

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

Minerals Technologies announced a quarterly dividend on Tuesday, May 14th. Stockholders of record on Thursday, May 30th will be paid a dividend of $0.05 per share on Thursday, June 13th. This represents a $0.20 annualized dividend and a dividend yield of 0.37%. The ex-dividend date is Wednesday, May 29th. View Minerals Technologies' Dividend History.

How will Minerals Technologies' stock buyback program work?

Minerals Technologies announced that its board has approved a stock buyback program on Friday, September 22nd 2017, which authorizes the company to repurchase $150,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 6.1% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.

How were Minerals Technologies' earnings last quarter?

Minerals Technologies Inc (NYSE:MTX) released its quarterly earnings data on Thursday, May, 2nd. The basic materials company reported $1.11 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $1.11. The basic materials company earned $437.70 million during the quarter, compared to the consensus estimate of $447.65 million. Minerals Technologies had a net margin of 9.37% and a return on equity of 12.52%. Minerals Technologies's revenue was up 1.5% on a year-over-year basis. During the same quarter last year, the business earned $1.12 earnings per share. View Minerals Technologies' Earnings History.

When is Minerals Technologies' next earnings date?

Minerals Technologies is scheduled to release their next quarterly earnings announcement on Thursday, August 1st 2019. View Earnings Estimates for Minerals Technologies.

What price target have analysts set for MTX?

2 brokerages have issued 12 month price targets for Minerals Technologies' shares. Their forecasts range from $65.00 to $65.00. On average, they anticipate Minerals Technologies' stock price to reach $65.00 in the next twelve months. This suggests a possible upside of 21.1% from the stock's current price. View Analyst Price Targets for Minerals Technologies.

What is the consensus analysts' recommendation for Minerals Technologies?

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

Has Minerals Technologies been receiving favorable news coverage?

News coverage about MTX stock has trended neutral on Friday, InfoTrie reports. The research firm scores the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Minerals Technologies earned a news impact score of 0.3 on InfoTrie's scale. They also assigned news headlines about the basic materials company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next few days.

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 Skyworks Solutions (SWKS), Allergan (AGN), Callon Petroleum (CPE), Infosys (INFY), Nike (NKE), Palo Alto Networks (PANW), Skechers USA (SKX), K&S (SDF), Ambarella (AMBA) and Bed Bath & Beyond (BBBY).

Who are Minerals Technologies' key executives?

Minerals Technologies' management team includes the folowing 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)

Who are Minerals Technologies' major shareholders?

Minerals Technologies' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.60%), Dimensional Fund Advisors LP (5.14%), Royce & Associates LP (4.38%), Victory Capital Management Inc. (3.38%), Wellington Management Group LLP (3.22%) and Macquarie Group Ltd. (3.15%). Company insiders that own Minerals Technologies stock include Andrew M Jones, Carolyn K Pittman, Dj Monagle III, Douglas W Mayger, Franklin Feder, John J Carmola, Joseph C Breunig and Robert L Clark. View Institutional Ownership Trends for Minerals Technologies.

Which institutional investors are selling Minerals Technologies stock?

MTX stock was sold by a variety of institutional investors in the last quarter, including Macquarie Group Ltd., Voya Investment Management LLC, JPMorgan Chase & Co., Skyline Asset Management LP, Morgan Stanley, Royce & Associates LP, AQR Capital Management LLC and BlackRock Inc.. Company insiders that have sold Minerals Technologies company stock in the last year include Andrew M Jones, Dj Monagle III and Douglas W Mayger. View Insider Buying and Selling for Minerals Technologies.

Which institutional investors are buying Minerals Technologies stock?

MTX stock was purchased by a variety of institutional investors in the last quarter, including Daruma Capital Management LLC, Wellington Management Group LLP, Dimensional Fund Advisors LP, Chartwell Investment Partners LLC, Victory Capital Management Inc., SG Americas Securities LLC, Dupont Capital Management Corp and Charles Schwab Investment Management Inc.. Company insiders that have bought Minerals Technologies stock in the last two years include Carolyn K Pittman, Franklin Feder, John J Carmola, Joseph C Breunig and Robert L Clark. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Minerals Technologies' stock price today?

One share of MTX stock can currently be purchased for approximately $53.66.

How big of a company is Minerals Technologies?

Minerals Technologies has a market capitalization of $1.89 billion and generates $1.81 billion in revenue each year. The basic materials company earns $169 million in net income (profit) each year or $4.84 on an earnings per share basis. Minerals Technologies employs 1,995 workers across the globe.

What is Minerals Technologies' official website?

The official website for Minerals Technologies is http://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.


MarketBeat Community Rating for Minerals Technologies (NYSE MTX)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  165 (Vote Outperform)
Underperform Votes:  248 (Vote Underperform)
Total Votes:  413
MarketBeat's community ratings are surveys of what our community members think about Minerals Technologies and other stocks. Vote "Outperform" if you believe MTX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MTX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/24/2019 by MarketBeat.com Staff

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