NYSE:MTX Minerals Technologies - MTX Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Minerals Technologies Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $56.74 +0.37 (+0.66%) (As of 03/27/2023 12:00 AM ET) Add Compare Share Share Today's Range$56.49▼$57.3350-Day Range$55.85▼$72.6552-Week Range$49.38▼$73.57Volume118,937 shsAverage Volume184,130 shsMarket Capitalization$1.85 billionP/E Ratio15.25Dividend Yield0.35%Price Target$70.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Minerals Technologies MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside23.4% Upside$70.00 Price TargetShort InterestHealthy1.04% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.26Based on 2 Articles This WeekInsider TradingAcquiring Shares$49,994 Bought Last QuarterProj. Earnings Growth18.06%From $5.15 to $6.08 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.56 out of 5 starsBasic Materials Sector61st out of 160 stocksIndustrial Inorganic Chemicals Industry4th out of 10 stocks 2.0 Analyst's Opinion Consensus RatingMinerals Technologies has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $70.00, Minerals Technologies has a forecasted upside of 23.4% from its current price of $56.74.Amount of Analyst CoverageMinerals Technologies has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.04% of the float of Minerals Technologies has been sold short.Short Interest Ratio / Days to CoverMinerals Technologies has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Minerals Technologies has recently decreased by 3.00%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend YieldMinerals Technologies has a dividend yield of 0.35%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthMinerals Technologies does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Minerals Technologies is 5.38%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Minerals Technologies will have a dividend payout ratio of 3.29% next year. This indicates that Minerals Technologies will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MTX. Previous Next 1.8 News and Social Media Coverage News SentimentMinerals Technologies has a news sentiment score of 0.26. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Minerals Technologies this week, compared to 1 article on an average week. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Minerals Technologies insiders have bought more of their company's stock than they have sold. Specifically, they have bought $49,994.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 3.20% of the stock of Minerals Technologies is held by insiders.Percentage Held by Institutions96.57% of the stock of Minerals Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Minerals Technologies are expected to grow by 18.06% in the coming year, from $5.15 to $6.08 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Minerals Technologies is 15.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.52.Price to Earnings Ratio vs. SectorThe P/E ratio of Minerals Technologies is 15.25, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 85.99.Price to Book Value per Share RatioMinerals Technologies has a P/B Ratio of 1.14. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Minerals Technologies (NYSE:MTX) StockMinerals Technologies, Inc. is a resource and technology-based company. It develops, produces, and markets a range of mineral, mineral-based, and synthetic mineral products. It operates through the following four segments: Performance Materials, Specialty Minerals, Refractories and Energy Services. The Performance Materials segment supplies bentonite and bentonite-related products, chromite and leonardite. The Specialty Minerals segment produces and sells the synthetic mineral product precipitated calcium carbonate and processed mineral product quicklime, and mines mineral ores then processes and sells natural mineral products, primarily limestone and talc. The Refractories segment produces monolithic and shaped refractory materials and products, and also provides services and sells application and measurement equipment, and calcium metal and metallurgical wire products. The Energy Services segment provides services to improve the production, costs, compliance, and environmental impact of activities performed in oil & gas industry. The company was founded on February 19, 1968 and is headquartered in New York, NY.Read More Receive MTX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Minerals Technologies and its competitors with MarketBeat's FREE daily newsletter. Email Address MTX Stock News HeadlinesMarch 19, 2023 | nasdaq.comMinerals Technologies Enters Oversold Territory (MTX)February 8, 2023 | finance.yahoo.comMinerals Technologies Inc. (NYSE:MTX) Q4 2022 Earnings Call TranscriptMarch 28, 2023 | Oxford Club (Ad)My No. 1 dividend stock for a LIFETIME of income.Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.February 5, 2023 | finance.yahoo.comMinerals Technologies Full Year 2022 Earnings: EPS Misses ExpectationsFebruary 2, 2023 | finance.yahoo.comMinerals Technologies (MTX) Q4 Earnings and Revenues Lag EstimatesFebruary 2, 2023 | finance.yahoo.comMinerals Technologies Reports Fourth Quarter 2022 Earnings of $0.62 Per Share, or $0.67 Per Share, Excluding Special ItemsJanuary 31, 2023 | finance.yahoo.comIs Minerals Technologies (MTX) Stock Undervalued Right Now?January 29, 2023 | finance.yahoo.comAre Investors Undervaluing Minerals Technologies Inc. (NYSE:MTX) By 39%?March 28, 2023 | Weiss Ratings (Ad)Fed's Shocking New Plan to Control Your MoneyThe Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. January 2, 2023 | finance.yahoo.comShould You Continue to Hold Minerals Technologies (MTX)?December 20, 2022 | marketwatch.comThe Mineral Insulated Cable Industry research study includes biographies of significant players, along with crucial financial data and comparisons.December 19, 2022 | finance.yahoo.comMinerals Technologies Inc.'s (NYSE:MTX) Has Performed Well But Fundamentals Look Varied: Is There A Clear Direction For The Stock?December 14, 2022 | marketwatch.comMineral Wool Market is in Huge Demand | Global Growth, Historic Analysis, Future Trends, Growth Opportunity and Forecast till 2028December 10, 2022 | apnews.comGovernment’s Critical Minerals Strategy Recognizes Canada’s Once-in-a-Generation Opportunity to Lead Low Carbon TransitionDecember 9, 2022 | technews.tmcnet.comMinister Wilkinson Releases Canada's $3.8-billion Critical Minerals Strategy to Seize Generational Opportunity for Clean, Inclusive GrowthNovember 14, 2022 | marketwatch.comMinerals Technologies Names Erik Aldag as Financial Chief >MTXNovember 14, 2022 | finance.yahoo.comErik Aldag Named Chief Financial Officer, Minerals Technologies Inc.November 3, 2022 | finance.yahoo.comThe one-year shareholder returns and company earnings persist lower as Minerals Technologies (NYSE:MTX) stock falls a further 7.3% in past weekOctober 29, 2022 | seekingalpha.comMinerals Technologies Inc. (MTX) Q3 2022 Earnings Call TranscriptOctober 27, 2022 | finance.yahoo.comMinerals Technologies Reports Third Quarter 2022 Earnings Per Share of $0.41, or $1.35 Excluding Special ItemsOctober 27, 2022 | finance.yahoo.comMinerals Technologies (MTX) Q3 Earnings Lag EstimatesOctober 26, 2022 | msn.comEarnings Preview: Minerals TechnologiesOctober 18, 2022 | finance.yahoo.comHere's Why Minerals Technologies (NYSE:MTX) Has Caught The Eye Of InvestorsOctober 14, 2022 | nasdaq.comWe Think Minerals Technologies (NYSE:MTX) Can Stay On Top Of Its DebtSeptember 20, 2022 | uk.finance.yahoo.comAt US$57.56, Is It Time To Put Minerals Technologies Inc. (NYSE:MTX) On Your Watch List?September 20, 2022 | nasdaq.comIs Minerals Technologies Inc. (NYSE:MTX) Trading At A 42% Discount?August 28, 2022 | seekingalpha.comMinerals Technologies (MTX) Investor Presentation - SlideshowSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive MTX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Minerals Technologies and its competitors with MarketBeat's FREE daily newsletter. Email Address MTX Company Calendar Last Earnings2/03/2023Ex-Dividend for 3/9 Dividend2/15/2023Dividend Payable3/09/2023Today3/27/2023Next Earnings (Estimated)4/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Industrial inorganic chemicals Sub-IndustrySpecialty Chemicals SectorBasic Materials Current SymbolNYSE:MTX CUSIP60315810 CIK891014 Webwww.mineralstech.com Phone(212) 878-1800Fax212-878-1802Employees4,070Year FoundedN/APrice Target and Rating Average Stock Price Forecast$70.00 High Stock Price Forecast$70.00 Low Stock Price Forecast$70.00 Forecasted Upside/Downside+23.4%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$3.72 Trailing P/E Ratio15.25 Forward P/E Ratio11.02 P/E GrowthN/ANet Income$122.20 million Net Margins5.76% Pretax Margin7.37% Return on Equity10.13% Return on Assets4.71% Debt Debt-to-Equity Ratio0.58 Current Ratio2.13 Quick Ratio1.44 Sales & Book Value Annual Sales$2.13 billion Price / Sales0.87 Cash Flow$7.89 per share Price / Cash Flow7.19 Book Value$49.71 per share Price / Book1.14Miscellaneous Outstanding Shares32,540,000Free Float31,499,000Market Cap$1.85 billion OptionableOptionable Beta1.30 Key ExecutivesDouglas T. DietrichChairman & Chief Executive OfficerErik C. AldagChief Financial Officer, Treasurer & SVP-FinanceTimothy J. JordanSecretary, Chief Compliance Officer & VPMichael A. CipollaChief Accounting Officer, VP & ControllerBrett ArgirakisGroup President-Performance MaterialsKey CompetitorsTronoxNYSE:TROXKronos WorldwideNYSE:KROValhiNYSE:VHIEldorado GoldNYSE:EGOGreen PlainsNASDAQ:GPREView All CompetitorsInsiders & InstitutionsVictory Capital Management Inc.Bought 165,742 shares on 3/10/2023Ownership: 3.753%Rocky MotwaniBought 822 shares on 3/6/2023Total: $49,994.04 ($60.82/share)Voya Investment Management LLCSold 790 shares on 2/28/2023Ownership: 0.328%Teachers Retirement System of The State of KentuckyBought 3,212 shares on 2/22/2023Ownership: 0.031%Macquarie Group Ltd.Bought 34,501 shares on 2/21/2023Ownership: 5.776%View All Insider TransactionsView All Institutional Transactions MTX Stock - Frequently Asked Questions Should I buy or sell Minerals Technologies stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Minerals Technologies in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" MTX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MTX, but not buy additional shares or sell existing shares. View MTX analyst ratings or view top-rated stocks. What is Minerals Technologies' stock price forecast for 2023? 3 equities research analysts have issued 1-year price targets for Minerals Technologies' shares. Their MTX share price forecasts range from $70.00 to $70.00. On average, they expect the company's stock price to reach $70.00 in the next year. This suggests a possible upside of 23.4% from the stock's current price. View analysts price targets for MTX or view top-rated stocks among Wall Street analysts. How have MTX shares performed in 2023? Minerals Technologies' stock was trading at $60.72 on January 1st, 2023. Since then, MTX stock has decreased by 6.6% and is now trading at $56.74. View the best growth stocks for 2023 here. Are investors shorting Minerals Technologies? Minerals Technologies saw a drop in short interest in the month of February. As of February 28th, there was short interest totaling 343,300 shares, a drop of 15.3% from the February 13th total of 405,400 shares. Based on an average trading volume of 157,300 shares, the days-to-cover ratio is currently 2.2 days. Approximately 1.1% of the shares of the company are sold short. View Minerals Technologies' Short Interest. When is Minerals Technologies' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023. View our MTX earnings forecast. How were Minerals Technologies' earnings last quarter? Minerals Technologies Inc. (NYSE:MTX) issued its earnings results on Friday, February, 3rd. The basic materials company reported $0.67 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.19 by $0.52. The basic materials company had revenue of $507.60 million for the quarter, compared to the consensus estimate of $516.83 million. Minerals Technologies had a trailing twelve-month return on equity of 10.13% and a net margin of 5.76%. Minerals Technologies's revenue was up 6.4% compared to the same quarter last year. During the same quarter last year, the business posted $1.25 earnings per share. How often does Minerals Technologies pay dividends? What is the dividend yield for Minerals Technologies? Minerals Technologies announced a quarterly dividend on Wednesday, January 25th. Stockholders of record on Thursday, February 16th will be given a dividend of $0.05 per share on Thursday, March 9th. This represents a $0.20 dividend on an annualized basis and a yield of 0.35%. The ex-dividend date is Wednesday, February 15th. Read our dividend analysis for MTX. What ETFs hold Minerals Technologies' stock? ETFs with the largest weight of Minerals Technologies (NYSE:MTX) stock in their portfolio include Invesco S&P SmallCap Materials ETF (PSCM), Newday Ocean Health ETF (AHOY), Qraft AI-Enhanced Next Value ETF (NVQ), Distillate Small/Mid Cash Flow ETF (DSMC), First Trust Small Cap Value AlphaDEX Fund (FYT), SPDR S&P 600 Small CapValue ETF (SLYV), Vanguard S&P Small-Cap 600 Value ETF (VIOV) and iShares S&P Small-Cap 600 Value ETF (IJS). Is Minerals Technologies a good dividend stock? Minerals Technologies (NYSE:MTX) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.35%. The dividend payout ratio is 5.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MTX will have a dividend payout ratio of 3.29% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MTX. What is Douglas T. Dietrich's approval rating as Minerals Technologies' CEO? 4 employees have rated Minerals Technologies Chief Executive Officer Douglas T. Dietrich on Glassdoor.com. Douglas T. Dietrich has an approval rating of 29% among the company's employees. This puts Douglas T. Dietrich in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 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 AT&T (T), AbbVie (ABBV), Carnival Co. & (CCL), Cisco Systems (CSCO), CVS Health (CVS), Gilead Sciences (GILD), Altria Group (MO), Omega Healthcare Investors (OHI), Pfizer (PFE) and Skyworks Solutions (SWKS). 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 retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (7.06%), Macquarie Group Ltd. (5.78%), Franklin Resources Inc. (5.27%), Morgan Stanley (4.11%), Victory Capital Management Inc. (3.76%) and Victory Capital Management Inc. (3.75%). Insiders that own company stock include Andrew M Jones, Brett Argirakis, Dj Monagle III, Douglas T Dietrich, Douglas W Mayger, Jonathan J Hastings, Michael Cipolla, Rocky Motwani and Thomas J Meek. View institutional ownership trends. How do I buy shares of Minerals Technologies? Shares of MTX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Minerals Technologies' stock price today? One share of MTX stock can currently be purchased for approximately $56.74. How much money does Minerals Technologies make? Minerals Technologies (NYSE:MTX) has a market capitalization of $1.85 billion and generates $2.13 billion in revenue each year. The basic materials company earns $122.20 million in net income (profit) each year or $3.72 on an earnings per share basis. How many employees does Minerals Technologies have? The company employs 4,070 workers across the globe. How can I contact Minerals Technologies? Minerals Technologies' mailing address is 622 THIRD AVENUE, NEW YORK NY, 10017. The official website for the company is www.mineralstech.com. The basic materials company can be reached via phone at (212) 878-1800 or via fax at 212-878-1802. This page (NYSE:MTX) was last updated on 3/28/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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