Materion Corporation (MTRN)
Market Cap | 2.24B |
Revenue (ttm) | 1.76B |
Net Income (ttm) | 85.99M |
Shares Out | 20.54M |
EPS (ttm) | 4.14 |
PE Ratio | 26.31 |
Forward PE | 12.90 |
Dividend | $0.50 (0.46%) |
Ex-Dividend Date | Feb 22, 2023 |
Volume | 58,648 |
Open | 108.34 |
Previous Close | 106.83 |
Day's Range | 106.83 - 109.70 |
52-Week Range | 64.89 - 118.20 |
Beta | 1.08 |
Analysts | Buy |
Price Target | 128.52 (+17.52%) |
Earnings Date | Apr 27, 2023 |
About MTRN
Materion Corporation, through 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. It operates through Performance Alloys and Composites, Advanced Materials, and Precision Optics segments. The Performance Alloys and Composites segment offers advanced engineered solutions comprising beryllium and non-beryllium containing alloy systems and custom engineere... [Read more]
Financial Performance
In 2022, Materion's revenue was $1.76 billion, an increase of 16.32% compared to the previous year's $1.51 billion. Earnings were $85.99 million, an increase of 18.65%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for MTRN stock is "Buy." The 12-month stock price forecast is $128.52, which is an increase of 17.52% from the latest price.
News

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 ...

Materion (MTRN) Tops Q4 Earnings Estimates
Materion (MTRN) delivered earnings and revenue surprises of 6.43% and 1.30%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

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...

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...

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. ...

New Strong Sell Stocks for December 29th
LPX, THG and MTRN have been added to the Zacks Rank #5 (Strong Sell) List on December 29, 2022.

Materion (MTRN) Lags Q3 Earnings and Revenue Estimates
Materion (MTRN) delivered earnings and revenue surprises of -17.93% and 5.33%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

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...

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.

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...

Materion Announces $20M in Investments in Massachusetts Facility to Expand Capacity for the Semiconductor Industry
MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN), a world leader in high-performing advanced materials, announced today that it is investing more than $20 Million in its rece...

Rockland Resources More Than Triples Lithium Claystone Portfolio in Juab County, Utah
VANCOUVER, BC / ACCESSWIRE / September 20, 2022 / Rockland Resources Ltd. (the "Company" or "Rockland") (CSE:RKL) is pleased to report a major expansion of the Company's claim position in west-central...

Materion to Participate in CL King's 20th Annual Best Ideas Conference
MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) will participate in CL King's 20th Annual Best Ideas Conference on September 12, 2022. Jugal Vijayvargiya, President and Chie...

Applied Industrial Technologies Elects New Board Member
CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) today announced that Shelly M. Chadwick, Vice President, Finance and Chief Financial Officer of Materion Corporation (NYSE: MTRN...

Materion to Participate in Seaport Research Partners Annual Summer Investor Conference
MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) will participate in the Seaport Research Partners Annual Summer Investor Conference on August 24, 2022. Jugal Vijayvargiya, P...

Materion (MTRN) Q2 Earnings Beat Estimates
Materion (MTRN) delivered earnings and revenue surprises of 6.67% and 2.27%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Materion Corporation Reports Record Second Quarter Results and Affirms Full Year 2022 Outlook
MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN), a world leader in high performance advanced materials, today reported record second quarter financial results, affirmed 2022...

Materion Establishes New Facility to Accelerate Growth in the Semiconductor and Electric Vehicle Markets
MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN), a world leader in high-performing advanced materials, announced today that it has established a new facility in Milwaukee, W...

Materion (MTRN) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Materion (MTRN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Materion and Kairos Power to Advance Clean Energy
MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN), a world leader in high-performing advanced materials, has jointly commissioned a Molten Salt Purification Plant (MSPP) with ...

Materion Corporation to Announce Second Quarter 2022 Financial Results on Aug. 3
MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) is scheduled to release its second quarter 2022 financial results on August 3, 2022 before the opening of the New York Stock ...

Materion Celebrates Webb Success
MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN), a world leader in high performing advanced materials, today celebrates the release of the first full-color images captured b...

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 12, 2022. Jugal Vijayvargiya, President a...

Materion (MTRN) Stock Jumps 5.6%: Will It Continue to Soar?
Materion (MTRN) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the ro...