Materion (MTRN) to Release Earnings on Thursday

Materion (NYSE:MTRN) is projected to release its earnings data before the market opens on Thursday, February 20th. Analysts expect Materion to post earnings of $1.43 per share and revenue of $433.22 million for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Materion Trading Up 2.6 %

NYSE:MTRN opened at $99.49 on Wednesday. Materion has a twelve month low of $93.20 and a twelve month high of $139.21. The company has a quick ratio of 1.26, a current ratio of 3.15 and a debt-to-equity ratio of 0.51. The business has a 50 day moving average price of $100.67 and a two-hundred day moving average price of $106.84. The company has a market cap of $2.06 billion, a P/E ratio of 28.03 and a beta of 1.23.

Materion Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 7th. Shareholders of record on Thursday, February 20th will be given a dividend of $0.135 per share. This represents a $0.54 dividend on an annualized basis and a yield of 0.54%. The ex-dividend date is Thursday, February 20th. Materion’s dividend payout ratio (DPR) is currently 15.21%.

Insider Transactions at Materion

In related news, CFO Shelly Marie Chadwick sold 805 shares of the stock in a transaction on Friday, January 31st. The stock was sold at an average price of $101.24, for a total value of $81,498.20. Following the sale, the chief financial officer now owns 14,632 shares in the company, valued at approximately $1,481,343.68. This represents a 5.21 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 2.30% of the company’s stock.

Materion Company Profile

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.