Mativ (MATV) to Release Earnings on Wednesday

Mativ (NYSE:MATV - Get Free Report) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of $0.26 per share for the quarter. Individual that wish to register for the company's earnings conference call can do so using this link.

Mativ (NYSE:MATV - Get Free Report) last released its quarterly earnings results on Wednesday, August 7th. The company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.21 by $0.13. Mativ had a negative net margin of 16.55% and a positive return on equity of 5.19%. The business had revenue of $523.80 million during the quarter, compared to analyst estimates of $526.50 million. During the same period in the prior year, the firm posted $0.51 earnings per share. On average, analysts expect Mativ to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Mativ Stock Up 0.3 %

Shares of Mativ stock traded up $0.04 on Wednesday, reaching $15.54. The stock had a trading volume of 163,613 shares, compared to its average volume of 401,486. The company has a quick ratio of 1.33, a current ratio of 2.46 and a debt-to-equity ratio of 1.28. The stock has a market capitalization of $844.24 million, a P/E ratio of -2.59, a P/E/G ratio of 3.20 and a beta of 0.70. The company has a 50 day moving average price of $17.33 and a 200 day moving average price of $17.44. Mativ has a 1 year low of $10.78 and a 1 year high of $19.96.

Mativ Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 20th. Shareholders of record on Friday, August 23rd were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 2.57%. The ex-dividend date of this dividend was Friday, August 23rd. Mativ's dividend payout ratio is currently -6.68%.

About Mativ

Mativ Holdings, Inc, together with its subsidiaries, manufactures and sells specialty materials in the United States, Europe, the Asia Pacific, the Americas, and internationally. The company operates through two segments, Advanced Technical Materials and Fiber-Based Solutions. The Advanced Technical Materials manufactures and sells various engineered polymer, resin and fiber-based substrates, nets, films, adhesive tapes, and other nonwovens for the filtration, protective solutions, release liners, and healthcare end-markets.