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

$59.21
+0.36 (+0.61 %)
(As of 06/20/2019 04:00 PM ET)
Today's Range
$58.94
Now: $59.21
$59.93
50-Day Range
$51.98
MA: $57.06
$62.77
52-Week Range
$47.07
Now: $59.21
$80.80
Volume97,601 shs
Average Volume122,686 shs
Market Capitalization$2.09 billion
P/E Ratio12.23
Dividend Yield0.34%
Beta1.96
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. Read More…

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$7.6598 per share
Book Value$39.29 per share

Profitability

Net Income$169 million

Miscellaneous

Employees1,995
Market Cap$2.09 billion
Next Earnings Date8/1/2019 (Estimated)
OptionableOptionable

Receive MTX News and Ratings via Email

Sign-up to receive the latest news and ratings for MTX and its competitors with MarketBeat's FREE daily newsletter.

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. 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.

How will Minerals Technologies' stock buyback program work?

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.

How were Minerals Technologies' earnings last quarter?

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.

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 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.

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 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.

Are investors shorting 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.

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 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.

Which major investors are selling Minerals Technologies stock?

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.

Which major investors are buying Minerals Technologies stock?

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.

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 $59.20.

How big of a company is Minerals Technologies?

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.

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:  166 (Vote Outperform)
Underperform Votes:  253 (Vote Underperform)
Total Votes:  419
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 6/20/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel