Materion (NYSE:MTRN) Updates FY25 Earnings Guidance

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

Materion Price Performance

Shares of NYSE MTRN traded up $3.79 during midday trading on Wednesday, reaching $103.53. 116,102 shares of the company were exchanged, compared to its average volume of 84,772. The company has a quick ratio of 1.26, a current ratio of 3.15 and a debt-to-equity ratio of 0.51. Materion has a one year low of $93.20 and a one year high of $139.21. The stock has a market cap of $2.15 billion, a P/E ratio of 29.16 and a beta of 1.23. The stock’s 50-day moving average price is $100.67 and its 200-day moving average price is $106.84.

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

Materion Announces Dividend

The business also recently announced 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. The ex-dividend date of this dividend is Thursday, February 20th. This represents a $0.54 dividend on an annualized basis and a dividend yield of 0.52%. Materion’s dividend payout ratio is 15.21%.

Insider Buying and Selling

In other Materion news, CFO Shelly Marie Chadwick sold 805 shares of the company’s stock in a transaction dated Friday, January 31st. The shares were sold at an average price of $101.24, for a total value of $81,498.20. Following the transaction, the chief financial officer now owns 14,632 shares of the company’s stock, valued at $1,481,343.68. This represents a 5.21 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 2.60% of the stock is currently owned by insiders.

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.