Materion Corporation (MTRN)

NYSE: MTRN · IEX Real-Time Price · USD
135.58
+1.26 (0.94%)
Mar 1, 2024, 4:00 PM EST - Market closed
0.94%
Market Cap 2.80B
Revenue (ttm) 1.67B
Net Income (ttm) 95.70M
Shares Out 20.65M
EPS (ttm) 4.58
PE Ratio 29.60
Forward PE 21.11
Dividend $0.52 (0.38%)
Ex-Dividend Date Feb 21, 2024
Volume 72,270
Open 134.99
Previous Close 134.32
Day's Range 133.91 - 136.24
52-Week Range 92.23 - 145.08
Beta 1.15
Analysts Strong Buy
Price Target 141.67 (+4.49%)
Earnings Date May 1, 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 3 analysts, the average rating for MTRN stock is "Strong Buy." The 12-month stock price forecast is $141.67, which is an increase of 4.49% from the latest price.

Price Target
$141.67
(4.49% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

10 days ago - Business Wire

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...

17 days 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...

4 weeks 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 its first-quarter 2024 dividend of $0.13 per share of common stock. The ...

4 weeks ago - Business Wire

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...

4 months 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...

4 months ago - Business Wire

Materion to Participate in Baird's 2023 Global Industrial Conference

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) will participate in Baird's 2023 Global Industrial Conference on November 8, 2023. Jugal Vijayvargiya, President and Chief Ex...

4 months ago - Business Wire

Materion Corporation to Announce Third Quarter 2023 Financial Results on November 1

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) is scheduled to release its third quarter 2023 financial results on November 1, 2023, before the opening of the New York Stoc...

4 months ago - Business Wire

Materion Will Supply Advanced Materials for MARVEL Microreactor Project

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN), a global leader in advanced materials solutions, has entered into a purchase agreement to supply beryllium and beryllium oxi...

4 months ago - Business Wire

Materion to Participate in CL King Annual Best Ideas Conference

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) will participate in the CL King 21st Annual Best Ideas Conference on Monday, September 18, 2023. Jugal Vijayvargiya, Presiden...

6 months ago - Business Wire

Materion to Participate in Seaport Research Partners Annual Summer Conference

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) will participate in the Seaport Research Partners Annual Summer Conference on August 23, 2023. Jugal Vijayvargiya, President ...

7 months ago - Business Wire

Materion Corporation Reports Record Second Quarter Results and Affirms 2023 Outlook

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) today reported second quarter financial results and affirmed 2023 earnings guidance. Second Quarter 2023 Highlights Net sales...

7 months ago - Business Wire

Materion Corporation to Announce Second Quarter 2023 Financial Results on August 2

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) is scheduled to release its second quarter 2023 financial results on August 2, 2023, before the opening of the New York Stock...

8 months ago - Business Wire

Materion to Participate in CJS Securities Annual New Ideas Summer Conference

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) will participate in the CJS Securities Annual New Ideas Summer Conference on July 11, 2023. Jugal Vijayvargiya, President and...

8 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 its first-quarter 2023 dividend of $0.13 per share of common stock, an i...

10 months ago - Business Wire

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

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) will participate in the KeyBanc Industrials & Basic Materials Conference on May 31, 2023. Shelly Chadwick, Vice President, Fi...

10 months ago - Business Wire

Materion Corporation Reports Record First Quarter 2023 Results and Raises 2023 Outlook

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) today reported first quarter financial results, raised 2023 earnings guidance, and shared growth highlights. First Quarter 20...

10 months ago - Business Wire

Materion Corporation to Announce First Quarter 2023 Financial Results on May 3

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) is scheduled to release its first quarter 2023 financial results on May 3, 2023, before the opening of the New York Stock Exc...

11 months ago - Business Wire

Materion Corporation to Hold Annual Shareholder's Meeting May 17

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) will hold its annual shareholder's meeting (the Annual Meeting) at the Boston Marriott Newton hotel in Newton, Massachusetts ...

1 year ago - Business Wire

Materion Corporation Reports Record Fourth Quarter and Full-Year 2022 Financial Results and Provides 2023 Outlook

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) today reported record fourth quarter and full-year 2022 financial results, provided 2023 earnings guidance, and shared an upd...

1 year ago - Business Wire

Materion Corporation to Announce Fourth Quarter and Full Year 2022 Financial Results on Feb. 16

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) is scheduled to release its fourth quarter and full year 2022 financial results on February 16, 2023, before the opening of...

1 year ago - Business Wire

Materion Corporation Announces Quarterly Cash Dividend

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) announced today that its Board of Directors declared its fourth quarter 2022 dividend of $0.125 per share of common stock. ...

1 year ago - Business Wire

Materion Corporation Reports Record Third Quarter Results and Updates Full Year 2022 Outlook

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN), a world leader in high performance advanced materials, today reported record third quarter financial results, updated 2022 e...

1 year ago - Business Wire

Materion to Participate in Baird's 2022 Global Industrial Conference

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) will participate in Baird's 2022 Global Industrial Conference on November 9, 2022.

1 year ago - Business Wire

Materion Corporation to Announce Third Quarter 2022 Financial Results on Nov. 2

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) is scheduled to release its third quarter 2022 financial results on November 2, 2022, before the opening of the New York Stoc...

1 year ago - Business Wire