Materion Corporation (MTRN)

NYSE: MTRN · IEX Real-Time Price · USD
109.37
+2.53 (2.37%)
Mar 21, 2023, 3:55 PM EDT - Market open
2.37%
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]

Sector Materials
Founded 1931
Employees 3,443
Stock Exchange NYSE
Ticker Symbol MTRN
Full Company Profile

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 Statements

Analyst 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.

Price Target
$128.52
(17.52% upside)
Analyst Consensus: Buy
Stock Forecasts

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 ...

2 weeks ago - Business Wire

7 Super Speculative Stocks That Could Make You Very Rich

Growth stocks are indisputably heating up on Wall Street. In a recent CNBC article, the financial news outlet suggested that “retail investors” are responsible for the surge.

Other symbols: ALGMGMICADLACMGNISUN
3 weeks ago - InvestorPlace

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?

1 month ago - Zacks Investment Research

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 month 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 month 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 month ago - Business Wire

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.

Other symbols: LPXTHG
2 months ago - Zacks Investment Research

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?

4 months ago - Zacks Investment Research

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...

4 months 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.

5 months 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...

5 months ago - Business Wire

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...

6 months ago - Business Wire

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...

6 months ago - Accesswire

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...

7 months ago - Business Wire

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...

Other symbols: AIT
7 months ago - Business Wire

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...

7 months ago - Business Wire

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?

8 months ago - Zacks Investment Research

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...

8 months ago - Business Wire

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...

8 months ago - Business Wire

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.

8 months ago - Zacks Investment Research

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 ...

8 months ago - Business Wire

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 ...

8 months ago - Business Wire

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...

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

9 months ago - Business Wire

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...

9 months ago - Zacks Investment Research