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

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

Minerals Technologies announced a quarterly dividend on Tuesday, May 14th. Shareholders 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 yield of 0.34%. The ex-dividend date is Wednesday, May 29th. View Minerals Technologies' Dividend History.

Minerals Technologies announced that its Board of Directors has initiated a stock repurchase plan on Friday, September 22nd 2017, which permits the company to repurchase $150,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 6.1% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's board of directors believes its stock is undervalued.

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

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

2 brokerages have issued 1 year price targets for Minerals Technologies' stock. Their predictions range from $65.00 to $65.00. On average, they anticipate Minerals Technologies' share price to reach $65.00 in the next twelve months. This suggests a possible upside of 9.8% from the stock's current price. View Analyst Price Targets 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.

News coverage about MTX stock has trended somewhat negative on Thursday, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Minerals Technologies earned a coverage optimism score of -1.0 on InfoTrie's scale. They also assigned headlines about the basic materials company a news buzz of 9.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near term. View News Stories for Minerals Technologies.

Minerals Technologies saw a increase in short interest during the month of May. As of May 15th, there was short interest totalling 247,400 shares, an increase of 23.4% from the April 15th total of 200,500 shares. Based on an average trading volume of 121,200 shares, the short-interest ratio is currently 2.0 days. Approximately 0.7% of the shares of the stock are short sold. View Minerals Technologies' Current Options Chain.

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

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).

Minerals Technologies' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Royce & Associates LP (4.38%), Victory Capital Management Inc. (3.38%), Boston Partners (2.01%), First Manhattan Co. (0.99%), Chartwell Investment Partners LLC (0.76%) and William Blair Investment Management LLC (0.67%). 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.

MTX stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Skyline Asset Management LP, Royce & Associates LP, First Manhattan Co., William Blair Investment Management LLC, Kennedy Capital Management Inc., California Public Employees Retirement System and Adams Diversified Equity Fund Inc.. Company insiders that have sold Minerals Technologies company stock in the last year include Andrew M Jones and Dj Monagle III. View Insider Buying and Selling for Minerals Technologies.

MTX stock was acquired by a variety of institutional investors in the last quarter, including Chartwell Investment Partners LLC, Victory Capital Management Inc., SG Americas Securities LLC, Dupont Capital Management Corp, Ontario Teachers Pension Plan Board, Boston Partners, Gamco Investors INC. ET AL and FMR LLC. 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.

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 $59.20.

Minerals Technologies has a market capitalization of $2.09 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.View Additional Information About Minerals Technologies.

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