Materion Corporation (MTRN)
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]
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 StatementsAnalyst 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.
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 - ...
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...
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 ...
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...
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...
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.
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
Materion Corporation (MTRN) Q4 2023 Earnings Call Transcript
Materion Corporation (MTRN) Q4 2023 Earnings Call Transcript
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...
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...
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...
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...
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...