About Minerals Technologies (NYSE:MTX)
Minerals Technologies Inc. is a resource- and technology-based company that develops, produces and markets a range of specialty mineral, mineral-based and synthetic mineral products and related systems and services around the world. It operates through four segments. The Specialty Minerals segment produces and sells the synthetic mineral product precipitated calcium carbonate (PCC), mines mineral ores, and processes and sells natural mineral products, primarily limestone and talc. The Performance Materials segment is a supplier of bentonite and bentonite-related products to industrial and consumer markets globally. The Refractories segment produces and markets monolithic and shaped refractory materials and specialty products, services and application and measurement equipment. The Energy Services segment offers a range of services to improve the production, costs, compliance and environmental impact of activities performed in the oil and gas industry.
Industry, Sector and Symbol
Trailing P/E Ratio15.38
Forward P/E RatioN/A
Sales & Book Value
Annual Sales$1.68 billion
Price / Sales1.46
Cash Flow$7.01 per share
Price / Cash9.82
Book Value$36.17 per share
Price / Book1.90
Net Income$195.10 million
Return on Equity13.89%
Return on Assets5.55%
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 declared a quarterly dividend on Wednesday, January 24th. Investors of record on Friday, February 16th will be given a dividend of $0.05 per share on Thursday, March 8th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.29%. The ex-dividend date is Thursday, February 15th. View Minerals Technologies' Dividend History.
How will Minerals Technologies' stock buyback program work?
Minerals Technologies announced that its board has initiated a stock buyback plan on Friday, September 22nd 2017, which allows the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 6.1% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's management believes its shares are undervalued.
How were Minerals Technologies' earnings last quarter?
Minerals Technologies Inc (NYSE:MTX) issued its quarterly earnings results on Thursday, February, 1st. The basic materials company reported $1.10 EPS for the quarter, topping the consensus estimate of $1.09 by $0.01. The basic materials company earned $432.10 million during the quarter, compared to analysts' expectations of $411.95 million. Minerals Technologies had a net margin of 11.64% and a return on equity of 13.89%. The company's revenue was up 7.7% on a year-over-year basis. During the same period in the previous year, the company earned $1.08 EPS. View Minerals Technologies' Earnings History.
When will Minerals Technologies make its next earnings announcement?
Where is Minerals Technologies' stock going? Where will Minerals Technologies' stock price be in 2018?
2 equities research analysts have issued 1 year price targets for Minerals Technologies' stock. Their predictions range from $80.00 to $80.00. On average, they anticipate Minerals Technologies' share price to reach $80.00 in the next year. View Analyst Ratings for Minerals Technologies.
Who are some of Minerals Technologies' key competitors?
Some companies that are related to Minerals Technologies include Olin (OLN), Methanex (MEOH), NewMarket (NEU), Valvoline (VVV), Ashland Global (ASH), W. R. Grace and (GRA), Versum Materials (VSM), Univar (UNVR), Cabot (CBT), Ube Industries (UBEOY), PolyOne (POL), Trinseo (TSE), Ingevity (NGVT), Sensient Technologies (SXT), Platform Specialty Products (PAH), Kronos Worldwide (KRO), Ferroglobe (GSM) and HB Fuller (FUL).
Who are Minerals Technologies' key executives?
Minerals Technologies' management team includes the folowing people:
- Duane R. Dunham, Chairman, Independent Director (Age 75)
- Douglas T. Dietrich, Chief Executive Officer (Age 48)
- Matthew E. Garth, Chief Financial Officer, Senior Vice President - Finance, Treasurer (Age 43)
- Gary L. Castagna, Group President - Performance Materials and Construction Technologies (Age 55)
- Daniel Joseph Monagle III, Group President - Specialty Minerals and Refractories (Age 54)
- Douglas W. Mayger, Senior Vice President, Director - MTI Supply Chain (Age 59)
- Jonathan J. Hastings, Senior Vice President - Corporate Development (Age 54)
- Rand Mendez III, Senior Vice President : and Managing Director of Paper PCC (Age 54)
- Thomas J. Meek, Chief Compliance Officer, Secretary (Age 60)
- Michael A. Cipolla, Vice President, Corporate Controller, Chief Accounting Officer (Age 59)
Has Minerals Technologies been receiving favorable news coverage?
News coverage about MTX stock has been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Minerals Technologies earned a news sentiment score of 0.24 on Accern's scale. They also gave headlines about the basic materials company an impact score of 47.06 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
Who are Minerals Technologies' major shareholders?
Minerals Technologies' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.41%), Royce & Associates LP (3.57%), Macquarie Group Ltd. (3.39%), Franklin Resources Inc. (2.07%), American Century Companies Inc. (1.78%) and Boston Partners (1.61%). Company insiders that own Minerals Technologies stock include 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.
Which institutional investors are selling Minerals Technologies stock?
MTX stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Guggenheim Capital LLC, Tocqueville Asset Management L.P., Metropolitan Life Insurance Co. NY, Macquarie Group Ltd., Eagle Asset Management Inc., Wells Fargo & Company MN and Brandywine Global Investment Management LLC. 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 Franklin Resources Inc., Millennium Management LLC, Assenagon Asset Management S.A., Royce & Associates LP, Deutsche Bank AG, Citadel Advisors LLC, Snyder Capital Management L P and Kennedy Capital Management Inc.. 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 $68.85.
How big of a company is Minerals Technologies?
Minerals Technologies has a market capitalization of $2.50 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 $5.47 on an earnings per share basis.
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 (MTX)MarketBeat's community ratings are surveys of what our community members think about Minerals Technologies and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Minerals Technologies (NYSE:MTX) Earnings History and Estimates Chart
Minerals Technologies (NYSE MTX) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/1/2018||Q4 2017||$1.09||$1.10||$411.95 million||$432.10 million||View||Listen|
|11/2/2017||Q3 2017||$1.17||$1.19||$404.80 million||$424.40 million||View||N/A|
|8/3/2017||Q2 2017||$1.24||$1.23||$427.21 million||$414.10 million||View||Listen|
|5/4/2017||Q1 2017||$1.04||$1.07||$401.63 million||$405.00 million||View||Listen|
|2/2/2017||Q4 2016||$1.05||$1.08||$393.05 million||$401.30 million||View||Listen|
|11/3/2016||Q3||$1.15||$1.17||$430.60 million||$399.50 million||View||N/A|
|8/4/2016||Q2||$1.16||$1.20||$437.20 million||$427.00 million||View||N/A|
|5/5/2016||Q1||$0.97||$1.02||$418.73 million||$410.20 million||View||N/A|
|2/4/2016||Q4||$0.95||$1.00||$436.27 million||$1.25 billion||View||N/A|
|10/22/2015||Q3||$1.03||$1.06||$467.78 million||$451.00 million||View||Listen|
|8/6/2015||Q2||$1.16||$1.18||$495.55 million||$463.40 million||View||Listen|
|4/23/2015||Q1||$0.99||$1.07||$477.23 million||$453.30 million||View||Listen|
|1/29/2015||Q4||$1.07||$1.22||$526.93 million||$516.00 million||View||Listen|
|10/23/2014||Q314||$1.07||$1.25||$536.30 million||$543.50 million||View||Listen|
|8/7/2014||Q214||$0.79||$0.94||$364.63 million||$421.10 million||View||Listen|
|4/24/2014||Q413||$0.56||$0.58||$249.10 million||$244.40 million||View||N/A|
|1/31/2014||Q4||$0.59||$0.61||$249.30 million||$256.63 million||View||Listen|
|11/1/2013||Q313||$0.61||$0.63||$259.40 million||$254.20 million||View||Listen|
|7/25/2013||Q2 2013||$0.58||$0.63||$258.40 million||$256.80 million||View||Listen|
|4/25/2013||Q1 2013||$0.50||$0.53||$251.76 million||$251.29 million||View||Listen|
|1/31/2013||Q4 2012||$0.47||$0.50||$242.50 million||$244.20 million||View||Listen|
Minerals Technologies (NYSE:MTX) Earnings Estimates
2018 EPS Consensus Estimate: $4.87
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Minerals Technologies (NYSE:MTX) Dividend Information
|Most Recent Dividend:||3/8/2018|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||3.66% (Trailing 12 Months of Earnings) |
4.12% (Based on This Year's Estimates)
Minerals Technologies (NYSE:MTX) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Minerals Technologies (NYSE MTX) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 2.20%
Institutional Ownership Percentage: 96.01%
Minerals Technologies (NYSE MTX) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|2/7/2018||Joseph C Breunig||Director||Buy||800||$69.36||$55,488.00||1,200|| |
|9/26/2017||Dj Monagle III||Insider||Sell||25,639||$70.03||$1,795,499.17||39,579|| |
|2/15/2017||Douglas W Mayger||Insider||Sell||790||$79.08||$62,473.20||31,554|| |
|2/10/2017||Douglas W Mayger||Insider||Sell||7,373||$78.18||$576,421.14||31,355|| |
|11/14/2016||Michael Cipolla||VP||Sell||3,500||$74.35||$260,225.00||21,414|| |
|8/31/2016||Jonathan J Hastings||Insider||Sell||7,606||$70.85||$538,885.10||18,565|| |
|8/23/2016||Douglas W Mayger||Insider||Sell||3,972||$70.39||$279,589.08||30,617|| |
|8/23/2016||Patrick Carpenter||VP||Sell||3,648||$70.77||$258,168.96|| |
|8/22/2016||Patrick Carpenter||VP||Sell||5,467||$70.57||$385,806.19|| |
|8/18/2016||Douglas W Mayger||VP||Sell||2,825||$70.77||$199,925.25||26,585|| |
|8/9/2016||Douglas T Dietrich||CFO||Sell||11,080||$69.21||$766,846.80||46,779|| |
|8/9/2016||Michael Cipolla||VP||Sell||8,267||$69.21||$572,159.07||27,181|| |
|6/27/2016||Rick Honey||VP||Sell||6,811||$52.95||$360,642.45|| |
|2/16/2016||Michael Cipolla||VP||Sell||170||$44.46||$7,558.20||22,181|| |
|2/10/2016||Johannes C. Schut||VP||Sell||9,090||$44.68||$406,141.20||15,045|| |
|9/4/2015||Charles Edgar Fipke||Director||Buy||11,900,000||$0.05||$595,000.00|
|2/17/2015||Douglas W Mayger||SVP||Sell||3,623||$71.39||$258,645.97|| |
|3/22/2013||Steven J Golub||Director||Sell||5,000||$42.23||$211,150.00|| |
Minerals Technologies (NYSE MTX) News Headlines
|$1.12 Earnings Per Share Expected for Minerals Technologies Inc (MTX) This Quarter|
www.americanbankingnews.com - March 12 at 1:20 AM
| Analysts Set $77.00 Target Price for Minerals Technologies Inc (MTX)|
www.americanbankingnews.com - March 10 at 3:52 AM
|Zacks: Minerals Technologies Inc (MTX) Given $77.00 Average Target Price by Analysts|
www.americanbankingnews.com - March 4 at 12:14 PM
|Minerals Technologies Inc (MTX) Position Raised by Swiss National Bank|
www.americanbankingnews.com - March 4 at 7:06 AM
|Eaton Vance Management Acquires 4,850 Shares of Minerals Technologies Inc (MTX)|
www.americanbankingnews.com - March 3 at 5:42 AM
|American International Group Inc. Acquires 757 Shares of Minerals Technologies Inc (MTX)|
www.americanbankingnews.com - March 2 at 4:22 AM
|Snyder Capital Management L P Has $18.61 Million Holdings in Minerals Technologies Inc (MTX)|
www.americanbankingnews.com - March 1 at 7:02 PM
|Minerals Technologies Inc (MTX) Shares Sold by Systematic Financial Management LP|
www.americanbankingnews.com - March 1 at 6:12 PM
|Brant Point Investment Management LLC Sells 2,953 Shares of Minerals Technologies Inc (MTX)|
www.americanbankingnews.com - March 1 at 5:19 AM
|Zacks: Brokerages Set $77.00 Price Target for Minerals Technologies Inc (MTX)|
www.americanbankingnews.com - February 26 at 1:34 PM
|Aperio Group LLC Trims Holdings in Minerals Technologies Inc (MTX)|
www.americanbankingnews.com - February 26 at 4:24 AM
|Minerals Technologies Inc (MTX) Shares Bought by Schwab Charles Investment Management Inc.|
www.americanbankingnews.com - February 25 at 5:40 AM
|$1.12 EPS Expected for Minerals Technologies Inc (MTX) This Quarter|
www.americanbankingnews.com - February 23 at 5:12 AM
|Sensient Technologies (SXT) and Minerals Technologies (MTX) Financial Contrast|
www.americanbankingnews.com - February 21 at 3:22 PM
|Reviewing Cytec Industries (CYT) & Minerals Technologies (MTX)|
www.americanbankingnews.com - February 20 at 3:10 AM
|Minerals Technologies Inc (MTX) Files 10-K for the Fiscal Year Ended on December 31, 2017|
finance.yahoo.com - February 16 at 4:42 PM
|Analysts Anticipate Minerals Technologies Inc (MTX) to Announce $1.12 Earnings Per Share|
www.americanbankingnews.com - February 10 at 5:38 AM
|Contrasting Rayonier Advanced Materials (RYAM) & Minerals Technologies (MTX)|
www.americanbankingnews.com - February 10 at 1:14 AM
|Minerals Technologies (MTX) Downgraded by Zacks Investment Research to "Sell"|
www.americanbankingnews.com - February 8 at 12:56 PM
|Insider Buying: Minerals Technologies Inc (MTX) Director Acquires 800 Shares of Stock|
www.americanbankingnews.com - February 8 at 12:46 PM
|KeyCorp Comments on Minerals Technologies Inc's Q1 2018 Earnings (MTX)|
www.americanbankingnews.com - February 7 at 8:08 AM
|Zacks: Brokerages Expect Minerals Technologies Inc (MTX) Will Post Earnings of $1.15 Per Share|
www.americanbankingnews.com - February 6 at 5:10 AM
|Minerals Technologies (MTX) Stock Rating Lowered by ValuEngine|
www.americanbankingnews.com - February 4 at 9:14 PM
|Zacks: Analysts Set $77.00 Price Target for Minerals Technologies Inc (MTX)|
www.americanbankingnews.com - February 4 at 11:36 AM
|Minerals Technologies (MTX) versus OMNOVA Solutions (OMN) Head to Head Review|
www.americanbankingnews.com - February 2 at 2:22 PM
|Minerals Technologies posts 4Q profit|
finance.yahoo.com - February 2 at 9:15 AM
|Minerals Technologies Reports Fourth Quarter Earnings of $2.12 Per Share, or $1.10 Per Share, Excluding Special Items|
finance.yahoo.com - February 2 at 9:15 AM
|Minerals Technologies (MTX) Issues Earnings Results|
www.americanbankingnews.com - February 1 at 9:34 PM
| Minerals Technologies Inc (MTX) Given Average Rating of "Buy" by Analysts|
www.americanbankingnews.com - February 1 at 3:34 AM
|Is Surprise Coming for Minerals Technologies (MTX) This Earnings Season?|
finance.yahoo.com - January 31 at 9:34 AM
|Chemical Stock Q4 Earnings Slated on Feb 1: DWDP, EMN & MTX|
finance.yahoo.com - January 31 at 9:34 AM
|Minerals Technologies (MTX) to Release Quarterly Earnings on Thursday|
www.americanbankingnews.com - January 25 at 1:44 AM
|Minerals Technologies Inc (MTX) to Issue $0.05 Quarterly Dividend|
www.americanbankingnews.com - January 24 at 10:30 AM
|Brokerages Anticipate Minerals Technologies Inc (MTX) to Post $1.09 Earnings Per Share|
www.americanbankingnews.com - January 21 at 5:45 PM
|Minerals Technologies Inc (MTX) to Post Q1 2018 Earnings of $1.15 Per Share, KeyCorp Forecasts|
www.americanbankingnews.com - January 18 at 9:44 AM
|Minerals Technologies Inc. Announces Fourth Quarter 2017 Conference Call|
finance.yahoo.com - January 18 at 9:08 AM
|Minerals Technologies (MTX) Upgraded by Zacks Investment Research to "Hold"|
www.americanbankingnews.com - January 18 at 8:28 AM
| Minerals Technologies Inc (MTX) Given $77.00 Average Target Price by Analysts|
www.americanbankingnews.com - January 6 at 9:58 AM
|Minerals Technologies (MTX) Upgraded at ValuEngine|
www.americanbankingnews.com - January 4 at 10:32 PM
|Minerals Technologies (MTX) vs. Ecolab (ECL) Financial Survey|
www.americanbankingnews.com - December 30 at 1:26 AM
|Analyzing OCI Partners (OCIP) and Minerals Technologies (MTX)|
www.americanbankingnews.com - December 27 at 5:10 PM
|Reviewing Minerals Technologies (MTX) & OM Group (OMG)|
www.americanbankingnews.com - December 26 at 9:21 PM
|Minerals Technologies (MTX) and OM Group (OMG) Critical Comparison|
www.americanbankingnews.com - December 21 at 1:16 AM
|Oversold Conditions For Minerals Technologies (MTX)|
www.nasdaq.com - December 14 at 6:26 PM
| Minerals Technologies Inc. (MTX) Given $77.00 Consensus Price Target by Analysts|
www.americanbankingnews.com - December 7 at 1:44 AM
|Minerals Technologies Inc. and its Subsidiary American Colloid Company Celebrate Local Manufacturing; Wyoming Plants Supply Products to the $2.7 Billion U.S. Cat Litter Market|
finance.yahoo.com - December 5 at 5:50 PM
|Minerals Technologies, Inc. breached its 50 day moving average in a Bearish Manner : MTX-US : December 4, 2017|
finance.yahoo.com - December 4 at 8:47 AM
| Minerals Technologies Inc. (MTX) Given $77.00 Consensus Price Target by Brokerages|
www.americanbankingnews.com - December 3 at 1:36 PM
|Minerals Technologies, Inc. : MTX-US: Dividend Analysis : November 27th, 2017 (record date) : By the numbers : November 27, 2017|
finance.yahoo.com - November 27 at 4:51 PM
|Minerals Technologies Breaks Above 200-Day Moving Average - Bullish for MTX|
www.nasdaq.com - November 22 at 5:55 AM
Minerals Technologies (NYSE:MTX) SEC Filings
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Minerals Technologies (NYSE:MTX) Income Statement, Balance Sheet and Cash Flow Statement
Minerals Technologies (NYSE MTX) Stock Chart for Friday, March, 23, 2018