Materion (MTRN) to Release Earnings on Thursday

Materion (NYSE:MTRN) is expected to announce its earnings results before the market opens on Thursday, February 20th. Analysts expect the company to announce earnings of $1.43 per share and revenue of $433.22 million for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Materion Stock Performance

NYSE:MTRN opened at $99.49 on Wednesday. The stock’s 50-day simple moving average is $100.67 and its 200 day simple moving average is $106.84. The firm has a market capitalization of $2.06 billion, a PE ratio of 28.03 and a beta of 1.23. The company has a quick ratio of 1.26, a current ratio of 3.15 and a debt-to-equity ratio of 0.51. Materion has a twelve month low of $93.20 and a twelve month high of $139.21.

Materion Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 7th. Investors of record on Thursday, February 20th will be paid a $0.135 dividend. This represents a $0.54 annualized dividend and a yield of 0.54%. The ex-dividend date of this dividend is Thursday, February 20th. Materion’s dividend payout ratio (DPR) is presently 15.21%.

Insider Activity at Materion

In other Materion news, CFO Shelly Marie Chadwick sold 1,000 shares of the stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $115.92, for a total value of $115,920.00. Following the completion of the transaction, the chief financial officer now directly owns 13,200 shares in the company, valued at approximately $1,530,144. This trade represents a 7.04 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.30% of the stock is currently owned by insiders.

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.