Materion Corporation (MTRN)

NYSE: MTRN · Real-Time Price · USD
112.37
+0.87 (0.78%)
At close: Nov 20, 2024, 4:00 PM
110.25
-2.12 (-1.89%)
Pre-market: Nov 21, 2024, 6:02 AM EST
0.78%
Market Cap 2.33B
Revenue (ttm) 1.67B
Net Income (ttm) 74.21M
Shares Out 20.75M
EPS (ttm) 3.54
PE Ratio 31.73
Forward PE 19.18
Dividend $0.54 (0.48%)
Ex-Dividend Date Nov 14, 2024
Volume 71,058
Open 111.00
Previous Close 111.50
Day's Range 109.54 - 112.37
52-Week Range 96.18 - 145.08
Beta 1.19
Analysts Strong Buy
Price Target 143.50 (+27.7%)
Earnings Date Oct 30, 2024

About MTRN

Materion Corporation, together with its subsidiaries, produces advanced engineered materials used in semiconductor, industrial, aerospace and defense, automotive, energy, consumer electronics, and telecom and data center in the United States, Asia, Europe, and internationally. The company operates in four segments: Performance Materials, Electronic Materials, Precision Optics, and Other. The company provides advanced engineered solutions comprising beryllium and non-beryllium containing alloy systems and custom engineered parts in strip, bulk, ... [Read more]

Sector Materials
Founded 1931
Employees 3,404
Stock Exchange NYSE
Ticker Symbol MTRN
Full Company Profile

Financial Performance

In 2023, Materion's revenue was $1.67 billion, a decrease of -5.23% compared to the previous year's $1.76 billion. Earnings were $95.70 million, an increase of 11.29%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for MTRN stock is "Strong Buy." The 12-month stock price forecast is $143.5, which is an increase of 27.70% from the latest price.

Price Target
$143.5
(27.70% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Materion Corporation (MTRN) Q3 2024 Earnings Call Transcript

Materion Corporation (NYSE:MTRN) Q3 2024 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Kyle Kelleher - Manager, IR Jugal Vijayvargiya - President & CEO Shelly Chadwick - ...

21 days ago - Seeking Alpha

Materion Corporation Reports Third Quarter 2024 Financial Results

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) today reported third quarter 2024 financial results. Financial Summary Net sales were $436.7 million; value-added sales1 were...

22 days ago - Business Wire

Materion Corporation Declares Quarterly Cash Dividend

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) announced today that its Board of Directors declared a fourth-quarter 2024 dividend of $0.135 per share of common stock. The ...

4 weeks ago - Business Wire

Materion Corporation to Announce Third Quarter 2024 Financial Results on October 30

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) is scheduled to release its third quarter 2024 financial results on October 30, 2024, before the opening of the New York Stoc...

4 weeks ago - Business Wire

Rockland Resources Looks to Drill the Permitted Beryllium Butte Project, Utah

VANCOUVER, BC / ACCESSWIRE / October 8, 2024 / Rockland Resources Ltd. (the "Company" or "Rockland") (CSE:RKL) is pleased to announce it has received drill permits for its Beryllium Butte Project loca...

6 weeks ago - Accesswire

Why Materion (MTRN) Stock Is Moving Today

Materion (MTRN, Financial) has seen its stock price move recently due to a revised profitability outlook for 2024. The company lowered its guidance, causing investor sentiment to shift significantly.

6 weeks ago - GuruFocus

Materion Corp (MTRN) Shares Gap Down to $101.0999 on Oct 2

Shares of Materion Corp (MTRN, Financial) fell 7.94% in mid-day trading on Oct 2. The stock reached an intraday low of $99.45, before recovering slightly to $101.10, down from its previous close of $1...

7 weeks ago - GuruFocus

Materion Names Jason Moore President of Precision Optics Business

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN), a global leader in advanced materials solutions, announced today the appointment of Jason Moore as President of Precision Op...

2 months ago - Business Wire

Materion Corporation (MTRN) Q2 2024 Earnings Call Transcript

Materion Corporation (NYSE:MTRN) Q2 2024 Earnings Conference Call August 6, 2024 9:00 AM ET Company Participants Kyle Kelleher - Manager, IR Jugal - President & CEO Shelly Chadwick - VP & CFO Confere...

3 months ago - Seeking Alpha

Materion Corporation Reports Record Second Quarter 2024 Financial Results

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) today reported record second quarter 2024 financial results and updated 2024 earnings guidance. Financial Summary Net sales w...

3 months ago - Business Wire

Materion Corporation to Announce Second Quarter Financial Results on August 5

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) is scheduled to release its second quarter 2024 financial results on August 5, 2024, after the closing of the New York Stock ...

4 months ago - Business Wire

Materion to Participate in CL King's Advanced Electronics Seminar

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) will participate in the CL King Advanced Electronics Seminar on June 17, 2024. Jugal Vijayvargiya, President and Chief Execut...

5 months ago - Business Wire

Materion Listed Among USA TODAY America's Climate Leaders 2024

CLEVELAND--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) is on USA TODAY's list of America's Climate Leaders 2024. This prestigious award is presented by USA TODAY and Statista Inc., the world-le...

6 months ago - Business Wire

Materion to Participate in KeyBanc's Industrials and Basic Materials Conference

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) will participate in the KeyBanc Industrials & Basic Materials Conference on May 30, 2024. Jugal Vijayvargiya, President and C...

6 months ago - Business Wire

Materion Corporation Increases Quarterly Cash Dividend

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) announced today that its Board of Directors declared a second-quarter 2024 dividend of $0.135 per share of common stock, an i...

6 months ago - Business Wire

Materion Corporation (MTRN) Q1 2024 Earnings Call Transcript

Materion Corporation (NYSE:MTRN) Q1 2024 Earnings Conference Call May 2, 2024 9:00 AM ET Company Participants Kyle Kelleher - Manager, Investor Relations Jugal - President and Chief Executive Officer...

7 months ago - Seeking Alpha

Materion Corporation Reports First Quarter 2024 Financial Results

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) today reported first quarter 2024 financial results and provided an update to 2024 earnings guidance. Financial Summary Net s...

7 months ago - Business Wire

Materion Corporation to Announce First Quarter 2024 Financial Results on May 1

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) is scheduled to release its first quarter 2024 financial results on May 1, 2024 after the closing of the New York Stock Excha...

7 months ago - Business Wire

Materion Corporation to Hold Annual Shareholder's Meeting May 9

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) will hold its annual shareholder's meeting (the Annual Meeting) at the Renaissance Providence Downtown Hotel in Providence, R...

9 months ago - Business Wire

Materion Corporation (MTRN) Q4 2023 Earnings Call Transcript

Materion Corporation (MTRN) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

Materion Corporation Reports Strong Fourth Quarter and Record Full-Year 2023 Financial Results and Provides 2024 Outlook

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) today reported fourth quarter and record full-year 2023 financial results, provided 2024 earnings guidance and shared an upda...

10 months ago - Business Wire

Materion Corporation to Announce Fourth Quarter and Full Year 2023 Financial Results on February 15

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) is scheduled to release its fourth quarter and full year 2023 financial results on February 15, 2024, before the opening of t...

10 months ago - Business Wire

Materion Corporation (MTRN) Q3 2023 Earnings Call Transcript

Materion Corporation (NYSE:MTRN) Q3 2023 Earnings Conference Call November 1, 2023 9:00 AM ET Company Participants Kyle Kelleher - Manager, Investor Relations Jugal Vijayvargiya - President and Chief...

1 year ago - Seeking Alpha

Materion Corporation Reports Record Third Quarter 2023 Results

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) today reported third quarter financial results and affirmed the midpoint of the 2023 earnings guidance. Third Quarter 2023 Hi...

1 year ago - Business Wire

Materion Awarded $5 Million Contract from the Air Force Research Laboratory for Groundbreaking Beryllium Additive Manufacturing Project

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN), a global leader in advanced materials solutions, has been awarded a $5 million contract from the United States Air Force Res...

1 year ago - Business Wire