Minerals Technologies Inc. (MTX)
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]
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 StatementsAnalyst Forecast
According to one analyst, the rating for MTX stock is "Strong Buy" and the 12-month stock price forecast is $97.0.
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...
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...
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...
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 ...
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...
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,...
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...
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...
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...
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:
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...
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. ...
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....
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...
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...
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 ...
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:
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.
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...
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...
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...
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.
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...
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 ...
Minerals Technologies Inc. (MTX) Q4 2023 Earnings Call Transcript
Minerals Technologies Inc. (MTX) Q4 2023 Earnings Call Transcript