Materion (MTRN) Projected to Post Quarterly Earnings on Thursday

Materion (NYSE:MTRN - Get Free Report) is anticipated 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 listening to the company's conference call can do so using this link.

Materion Stock Down 2.3 %

Shares of MTRN stock traded down $2.31 during trading hours on Friday, reaching $96.83. The company had a trading volume of 76,509 shares, compared to its average volume of 80,609. Materion has a 12 month low of $93.20 and a 12 month high of $145.08. The company has a debt-to-equity ratio of 0.51, a current ratio of 3.15 and a quick ratio of 1.26. The business has a fifty day simple moving average of $101.31 and a 200-day simple moving average of $107.01. The company has a market cap of $2.01 billion, a price-to-earnings ratio of 27.28 and a beta of 1.23.

Materion Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 7th. Stockholders of record on Thursday, February 20th will be issued a $0.135 dividend. The ex-dividend date is Thursday, February 20th. This represents a $0.54 dividend on an annualized basis and a dividend yield of 0.56%. Materion's dividend payout ratio is presently 15.21%.

Insider Activity

In related news, CFO Shelly Marie Chadwick sold 1,000 shares of Materion stock in a transaction on Friday, November 29th. The stock was sold at an average price of $115.92, for a total transaction of $115,920.00. Following the sale, 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 sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate 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.