Minerals Technologies Inc. (MTX)

NYSE: MTX · Real-Time Price · USD
75.62
-0.29 (-0.38%)
Dec 20, 2024, 4:00 PM EST - Market closed
-0.38%
Market Cap 2.41B
Revenue (ttm) 2.12B
Net Income (ttm) 152.80M
Shares Out 31.89M
EPS (ttm) 4.71
PE Ratio 16.05
Forward PE 11.50
Dividend $0.44 (0.58%)
Ex-Dividend Date Oct 31, 2024
Volume 165,880
Open 75.13
Previous Close 75.91
Day's Range 74.51 - 76.71
52-Week Range 64.79 - 90.30
Beta 1.30
Analysts Strong Buy
Price Target 97.00 (+28.27%)
Earnings Date Jan 30, 2025

About MTX

Minerals Technologies Inc. develops, produces, and markets various mineral, mineral-based, and related systems and services. The company operates through two segments, Consumer & Specialties, and Engineered Solutions segments. The Consumer & Specialties segment offers household and personal care products, such as pet litter, personal care, fabric care, edible oil and other fluid purification, animal health, and agricultural products; and specialty additives products, including precipitated calcium carbonate and ground calcium carbonate products... [Read more]

Sector Materials
IPO Date Oct 23, 1992
Employees 4,027
Stock Exchange NYSE
Ticker Symbol MTX
Full Company Profile

Financial Performance

In 2023, Minerals Technologies's revenue was $2.17 billion, an increase of 2.09% compared to the previous year's $2.13 billion. Earnings were $84.10 million, a decrease of -31.18%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for MTX stock is "Strong Buy" and the 12-month stock price forecast is $97.0.

Price Target
$97.0
(28.27% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Minerals Technologies Announces Successful Debt Refinancing

NEW YORK, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (MTI), a global specialty minerals company, today announced the closing of a new seven-year $575 million senior secur...

25 days ago - GlobeNewsWire

Minerals Technologies Inc. (MTX) Q3 2024 Earnings Call Transcript

Minerals Technologies Inc. (NYSE:MTX) Q3 2024 Earnings Conference Call October 25, 2024 11:00 AM ET Company Participants Lydia Kopylova - Head, Investor Relations Doug Dietrich - Chairman and Chief E...

2 months ago - Seeking Alpha

Minerals Technologies Inc. Announces 2024 Third Quarter Financial Results

Record Third Quarter Operating Income and Earnings Per Share Excluding Special Items Strong Operating Margin and Cash Flow Announced New $200 Million Share Repurchase Program and Completed Previous $7...

2 months ago - GlobeNewsWire

Minerals Technologies Announces Deployment of Artificial Intelligence Technology for Mining

NEW YORK, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (MTI), a global specialty minerals company, has expanded its partnership with AIM Intelligent Machines Inc. (AIM), a ...

2 months ago - GlobeNewsWire

Minerals Technologies Announces Increase in Quarterly Dividend and New Share Repurchase Program

NEW YORK, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) today announced a 10% increase of its regular quarterly dividend on the Company's common sto...

2 months ago - GlobeNewsWire

Minerals Technologies Announces Third Quarter 2024 Conference Call

NEW YORK, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) announced today that it will release results for its third quarter ended September 27, 2024,...

2 months ago - GlobeNewsWire

Minerals Technologies Hosts Innovation Day

NEW YORK, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (MTI) (NYSE: MTX) hosted an Innovation Day for investors and analysts on September 24 at its R&D Center located in Hoffman Estat...

3 months ago - GlobeNewsWire

Minerals Technologies Announces Participation in Gabelli Funds 2nd Annual PFAS Symposium

NEW YORK, Sept. 20, 2024 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) announced participation in Gabelli Funds PFAS Symposium in New York City on Thursday, September 26, 2024. Minerals T...

3 months ago - GlobeNewsWire

Minerals Technologies Inc. Introduces SIVO™ as New Brand Name for Growing Global Pet Care Business

NEW YORK, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Minerals Technologies (NYSE: MTX) announced today the introduction of SIVO™ as the brand name for its rapidly growing global pet care business. Strategic a...

3 months ago - GlobeNewsWire

Minerals Technologies Announces Participation in Upcoming Investor Conferences

NEW YORK, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) announced participation in the following investor conferences:

4 months ago - GlobeNewsWire

Minerals Technologies Announces Participation in Seaport Research Partners Annual Summer Investor Conference

NEW YORK, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) announced participation in the Seaport Research Partners Annual Summer Investor Conference on August 20th, 2024. Doug...

4 months ago - GlobeNewsWire

Minerals Technologies Inc. (MTX) Q2 2024 Earnings Call Transcript

Minerals Technologies Inc. (NYSE:MTX) Q2 2024 Earnings Conference Call July 26, 2024 11:00 AM ET Company Participants Lydia Kopylova - Head, IR Doug Dietrich - Chairman and CEO Erik Aldag - CFO D.J. ...

5 months ago - Seeking Alpha

Minerals Technologies Inc. Announces 2024 Second Quarter Financial Results

NEW YORK, July 25, 2024 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) today reported earnings per share for the second quarter ended June 30, 2024 of $0.61 or $1....

5 months ago - GlobeNewsWire

Minerals Technologies Inc. Releases 2023 Corporate Responsibility and Sustainability Report

NEW YORK, July 23, 2024 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) has published its 16th annual Corporate Responsibility and Sustainability Report, which high...

5 months ago - GlobeNewsWire

Minerals Technologies Declares Quarterly Dividend

NEW YORK, July 17, 2024 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) today declared a regular quarterly dividend of $0.10 per share on the Company's common stock...

5 months ago - GlobeNewsWire

Minerals Technologies Announces Second Quarter 2024 Conference Call

NEW YORK, June 28, 2024 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) announced today that it will release results for its second quarter ended June 30, 2024, on ...

6 months ago - GlobeNewsWire

Minerals Technologies Announces Participation in Upcoming Investor Conferences

NEW YORK, May 22, 2024 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) announced participation in the following investor conferences:

7 months ago - GlobeNewsWire

Minerals Technologies Inc. Announces Completion of Sale of Subsidiary's Talc Business

Riverspan Partners Acquires Assets and Operations of Barretts Minerals Inc. Riverspan Partners Acquires Assets and Operations of Barretts Minerals Inc.

8 months ago - GlobeNewsWire

Minerals Technologies Inc. (MTX) Q1 2024 Earnings Call Transcript

Minerals Technologies Inc. (NYSE:MTX) Q1 2024 Earnings Conference Call April 26, 2024 11:00 AM ET Company Participants Lydia Kopylova - Head, Investor Relations Doug Dietrich - Chairman and Chief Exe...

8 months ago - Seeking Alpha

Minerals Technologies Reports Record First Quarter 2024 Earnings Per Share of $1.44, or $1.49 Excluding Special Items

First Quarter 2024 Highlights: Record Operating Income of $75 Million, or $77 Million Excluding Special Items, a 23% Increase over Prior Year Strong Operating Margin of 14.1%, or 14.5% Excluding Speci...

8 months ago - GlobeNewsWire

Minerals Technologies Announces First Quarter 2024 Conference Call

NEW YORK, March 29, 2024 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) announced today that it will release results for its first quarter ended March 31, 2024, on...

9 months ago - GlobeNewsWire

Minerals Technologies Announces Election of Kristina M. Johnson to Board of Directors

NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) today announced that Kristina M. Johnson has been elected to its Board of Directors.

9 months ago - GlobeNewsWire

Minerals Technologies to Present at JP Morgan Industrials Conference

NEW YORK, March 07, 2024 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) announced that its CEO Douglas T. Dietrich will present at the 2024 JP Morgan Industrials C...

10 months ago - GlobeNewsWire

Minerals Technologies: Strong Financials Performance With An Attractive Valuation

Minerals Technologies Inc. is a leading mineral product and services provider with consistent profit margin expansion and investment in technological advancement. MTX reported strong Q4 results, with ...

11 months ago - Seeking Alpha

Minerals Technologies Inc. (MTX) Q4 2023 Earnings Call Transcript

Minerals Technologies Inc. (MTX) Q4 2023 Earnings Call Transcript

11 months ago - Seeking Alpha