Materion (NYSE:MTRN) Releases Earnings Results, Beats Expectations By $0.12 EPS

Materion (NYSE:MTRN - Get Free Report) announced its quarterly earnings data on Wednesday. The basic materials company reported $1.55 earnings per share for the quarter, topping the consensus estimate of $1.43 by $0.12, Zacks reports. Materion had a net margin of 0.35% and a return on equity of 12.42%. The business had revenue of $436.90 million for the quarter, compared to analyst estimates of $433.22 million. During the same period in the prior year, the firm posted $1.41 EPS. The company's revenue was up 3.8% on a year-over-year basis. 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 4.6 %

NYSE:MTRN traded down $4.59 during trading hours on Friday, hitting $95.51. The stock had a trading volume of 89,310 shares, compared to its average volume of 83,994. The company has a current ratio of 3.19, a quick ratio of 1.26 and a debt-to-equity ratio of 0.48. Materion has a 1-year low of $93.20 and a 1-year high of $139.21. The business has a 50 day simple moving average of $100.25 and a two-hundred day simple moving average of $106.77. The company has a market cap of $1.98 billion, a PE ratio of 329.33 and a beta of 1.23.

Materion Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 7th. Shareholders of record on Thursday, February 20th will be given a $0.135 dividend. This represents a $0.54 annualized dividend and a yield of 0.57%. The ex-dividend date is Thursday, February 20th. Materion's dividend payout ratio (DPR) is 186.21%.

Insider Buying and Selling at Materion

In other news, CFO Shelly Marie Chadwick sold 805 shares of the firm's stock in a transaction that occurred on 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 of the company's stock, 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 Securities & Exchange Commission, which can be accessed through this hyperlink. 2.30% of the stock is owned by corporate 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.