Materion (NYSE:MTRN) Posts Earnings Results

Materion (NYSE:MTRN) released its quarterly earnings data on Wednesday. The basic materials company reported $1.55 earnings per share for the quarter, beating analysts’ consensus estimates of $1.43 by $0.12, Zacks reports. Materion had a net margin of 4.45% and a return on equity of 12.06%. The firm had revenue of $436.90 million for the quarter, compared to analyst estimates of $433.22 million. During the same period last year, the firm earned $1.41 earnings per share. The business’s quarterly revenue was up 3.8% compared to the same quarter last year. Materion updated its FY 2025 guidance to 5.300-5.700 EPS and its FY25 guidance to $5.30-5.70 EPS.

Materion Stock Down 0.3 %

Shares of MTRN traded down $0.34 during trading hours on Thursday, reaching $103.28. 1,574 shares of the stock traded hands, compared to its average volume of 82,248. The company has a current ratio of 3.15, a quick ratio of 1.26 and a debt-to-equity ratio of 0.51. The stock has a fifty day simple moving average of $100.47 and a 200 day simple moving average of $106.82. Materion has a 52 week low of $93.20 and a 52 week high of $139.21. The company has a market cap of $2.14 billion, a price-to-earnings ratio of 29.09 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. Investors 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 dividend yield of 0.52%. The ex-dividend date of this dividend is Thursday, February 20th. Materion’s payout ratio is currently 15.21%.

Insider Activity at Materion

In related news, CFO Shelly Marie Chadwick sold 805 shares of the firm’s stock in a transaction dated Friday, January 31st. The shares were sold at an average price of $101.24, for a total transaction of $81,498.20. Following the completion of the sale, the chief financial officer now owns 14,632 shares in the company, valued at approximately $1,481,343.68. This trade represents a 5.21 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 2.30% of the stock is owned by insiders.

About Materion

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.