Materion (NYSE:MTRN) Updates FY25 Earnings Guidance

Materion (NYSE:MTRN) updated its FY25 earnings guidance on Wednesday. The company provided earnings per share guidance of $5.30-5.70 for the period, compared to the consensus earnings per share estimate of $5.98. Materion also updated its FY 2025 guidance to 5.300-5.700 EPS.

Materion Trading Up 3.8 %

Shares of MTRN traded up $3.79 during mid-day trading on Wednesday, reaching $103.53. The company’s stock had a trading volume of 116,102 shares, compared to its average volume of 84,772. The stock has a market cap of $2.15 billion, a PE ratio of 29.16 and a beta of 1.23. The company has a current ratio of 3.15, a quick ratio of 1.26 and a debt-to-equity ratio of 0.51. Materion has a 52 week low of $93.20 and a 52 week high of $139.21. The company’s fifty day moving average price is $100.67 and its two-hundred day moving average price is $106.84.

Materion (NYSE:MTRN) last announced its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $1.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.43 by $0.12. The business had revenue of $436.90 million during the quarter, compared to analyst estimates of $433.22 million. Materion had a net margin of 4.45% and a return on equity of 12.06%. The company’s revenue was up 3.8% on a year-over-year basis. During the same period last year, the firm posted $1.41 EPS. On average, analysts predict that Materion will post 5.22 earnings per share for the current fiscal year.

Materion Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 7th. Stockholders of record on Thursday, February 20th will be paid a $0.135 dividend. This represents a $0.54 annualized dividend and a dividend yield of 0.52%. The ex-dividend date of this dividend is Thursday, February 20th. Materion’s dividend payout ratio (DPR) is presently 15.21%.

Insider Buying and Selling at Materion

In other Materion news, CFO Shelly Marie Chadwick sold 805 shares of the company’s stock in a transaction dated Friday, January 31st. The stock was 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 directly owns 14,632 shares in the company, valued at $1,481,343.68. This represents a 5.21 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 2.60% 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.