MP Materials Corp. (MP)

NYSE: MP · Real-Time Price · USD
21.54
+0.67 (3.21%)
Jan 22, 2025, 2:24 PM EST - Market open
3.21%
Market Cap 3.52B
Revenue (ttm) 184.07M
Net Income (ttm) -59.34M
Shares Out 163.21M
EPS (ttm) -0.55
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,392,696
Open 21.50
Previous Close 20.87
Day's Range 21.27 - 21.90
52-Week Range 10.02 - 24.01
Beta 2.31
Analysts Buy
Price Target 21.55 (+0.05%)
Earnings Date Feb 20, 2025

About MP

MP Materials Corp., together with its subsidiaries, produces rare earth materials. The company owns and operates the Mountain Pass Rare Earth mine and processing facility in North America. It holds the mineral rights to the Mountain Pass mine and surrounding areas, as well as intellectual property rights related to the processing and development of rare earth minerals. The company was founded in 2017 and is headquartered in Las Vegas, Nevada. [Read more]

Sector Materials
Founded 2017
Employees 681
Stock Exchange NYSE
Ticker Symbol MP
Full Company Profile

Financial Performance

In 2023, MP Materials's revenue was $253.45 million, a decrease of -51.95% compared to the previous year's $527.51 million. Earnings were $24.31 million, a decrease of -91.59%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for MP stock is "Buy." The 12-month stock price forecast is $21.55, which is an increase of 0.05% from the latest price.

Price Target
$21.55
(0.05% upside)
Analyst Consensus: Buy
Stock Forecasts

News

MP Materials Restores U.S. Rare Earth Magnet Production

FORT WORTH, Texas--(BUSINESS WIRE)---- $MP #rareearth--MP Materials (NYSE: MP) has reached a pivotal milestone in restoring the U.S. rare earth magnet supply chain. The company's flagship Independence...

6 hours ago - Business Wire

MP Materials: Look Beyond Sour Short-Term Sentiment

MP Materials is a Strong Buy due to its unique position as a Western rare earth mineral supplier, poised for a rebound in commodity prices. The company is transitioning to a fully integrated US supply...

14 days ago - Seeking Alpha

Final Trade: SSD, DEO, META, MP

The final trades of the day with the Fast Money traders.

Other symbols: METADEOSSD
18 days ago - CNBC Television

MP Materials Corp. (MP) Jefferies Battery Storage & Materials Virtual Conference (Transcript)

MP Materials Corp. (NYSE:MP) Jeffries Battery Storage & Materials Virtual Conference December 13, 2024 2:20 PM ET Company Participants Ryan Corbett - CFO Conference Call Participants Lawrence Alexand...

5 weeks ago - Seeking Alpha

MP Materials Announces Exchanges of a Portion of its 0.25% Green Convertible Senior Notes due 2026, Representing a Net Reduction of $25 Million of Outstanding Indebtedness

LAS VEGAS--(BUSINESS WIRE)---- $MP #rareearth--MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”) today announced that on December 9, 2024, it entered into separate, privately negotiated ...

6 weeks ago - Business Wire

MP Materials to Participate in the Jefferies 2024 Battery Storage & Materials Virtual Conference

LAS VEGAS--(BUSINESS WIRE)---- $MP #rareearth--MP Materials Corp. (NYSE: MP) today announced that Ryan Corbett, Chief Financial Officer, will participate in the Jefferies 2024 Battery Storage & Materi...

6 weeks ago - Business Wire

MP Materials: Mission Critical And Ready To Double

MP Materials plays a pivotal role in rare earths, vital for EVs and AI. It's expanding production and refining, ensuring U.S. independence from China's dominance. Geopolitical shifts, including U.S.-C...

6 weeks ago - Seeking Alpha

MP Materials Corp. (MP) Baird 2024 Global Industrials Conference Transcript

MP Materials Corp. (NYSE:MP) Baird 2024 Global Industrials Conference November 13, 2024 11:15 AM ET Company Participants Ryan Corbett - Chief Financial Officer Conference Call Participants Ben Kallo ...

2 months ago - Seeking Alpha

MP Materials: Everything Is Going According To The Plan

MP Material is the only fully vertically integrating Rare Earth mining company in the Western Hemisphere. It is finishing its complete transformation from the upstream (mining) and midstream (refining...

2 months ago - Seeking Alpha

MP Materials Corp. (MP) Q3 2024 Earnings Call Transcript

MP Materials Corp. (MP) Q3 2024 Earnings Call Transcript

2 months ago - Seeking Alpha

MP Materials Reports Third Quarter 2024 Results

LAS VEGAS--(BUSINESS WIRE)---- $MP #rareearth--MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”) today announced financial and operational results for the three months ended September 30...

2 months ago - Business Wire

MP Materials Corp. (MP) Gabelli Funds 48th Annual Automotive Aftermarket Symposium Conference (Transcript)

MP Materials Corp. (NYSE:MP) Gabelli Funds 48th Annual Automotive Aftermarket Symposium Conference November 4, 2024 2:50 PM ET Company Participants Martin Sheehan - Head of Investor Relations Ryan S....

2 months ago - Seeking Alpha

MP Materials to Participate in Upcoming Conferences

LAS VEGAS--(BUSINESS WIRE)---- $MP #rareearth--MP Materials Corp. (NYSE: MP) today announced that Ryan Corbett, Chief Financial Officer, will participate in the following conferences: The Gabelli Fund...

3 months ago - Business Wire

MP Materials Announces Date for Third Quarter 2024 Financial Results and Webcast

LAS VEGAS--(BUSINESS WIRE)---- $MP #rareearth--MP Materials Corp. (NYSE: MP) will release its financial results for the third quarter ended September 30, 2024, after the U.S. markets close on Thursday...

3 months ago - Business Wire

MP Materials Corp (MP) Trading Down 3.36% on Oct 2

Shares of MP Materials Corp (MP, Financial) fell 3.36% in mid-day trading on Oct 2. The stock reached an intraday low of $16.87, before recovering slightly to $16.95, down from its previous close of $...

4 months ago - GuruFocus

Top 4 Materials Stocks That May Implode In Q3

As of Sept. 27, 2024, four stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: FCXMTSCCO
4 months ago - Benzinga

MP Materials: Its Critical Role In Rare Earth To Reward Patient Investors

MP Materials holds exclusive rights to the only U.S. REE mine, Mountain Pass, crucial for various industries, ensuring a unique business moat. Despite recent stock struggles, MP is poised for signific...

4 months ago - Seeking Alpha

Palantir Technologies, Dell Technologies, and Erie Indemnity Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

NEW YORK , Sept. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of t...

4 months ago - PRNewsWire

MP Materials Corp. (MP) Jefferies Global Industrial Conference (Transcript)

MP Materials Corp. (NYSE:MP) Jefferies Global Industrial Conference September 4, 2024 1:20 PM ET Company Participants James Litinski - Founder, Chairman and CEO Conference Call Participants Laurence ...

4 months ago - Seeking Alpha

MP Materials Announces Increase to its Share Repurchase Program

LAS VEGAS--(BUSINESS WIRE)---- $MP #rareearth--MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”) today announced that its Board of Directors has approved a $300 million increase to the C...

5 months ago - Business Wire

20 stocks the bears can't easily short — and that's why you shouldn't buy them

Difficult-to-short stocks are likely to lag the market. Few investors are aware of this tendency, much less act on it, because they instead focus on finding stocks that can outperform the market.

5 months ago - Market Watch

Top 4 Materials Stocks Which Could Rescue Your Portfolio This Month

The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.

Other symbols: NGVTPKXSCL
6 months ago - Benzinga

MP Materials Corp. (MP) Q2 2024 Earnings Call Transcript

MP Materials Corp. (NYSE:MP) Q2 2024 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants Martin Sheehan - Head of Investor Relations James H. Litinsky - Founder, Chairman, and Chi...

6 months ago - Seeking Alpha

MP Materials Reports Second Quarter 2024 Results

LAS VEGAS--(BUSINESS WIRE)---- $MP #rareearth--MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”), today announced financial and operational results for the three months ended June 30, 20...

6 months ago - Business Wire

These stocks stand to benefit if a Trump White House adopts a tougher stance on China

The possibility of another White House term for Donald Trump raises the prospect of the U.S. taking an even tougher stance on China — and a number of sustainability and mobility stocks would be set to...

Other symbols: ALBFSLRRIVN
6 months ago - Market Watch