Minerals Technologies (MTX) Expected to Announce Earnings on Thursday

Posted by Defense World Staff on Jan 30th, 2025

Minerals Technologies (NYSE:MTX – Get Free Report) will likely be posting its quarterly earnings results after the market closes on Thursday, February 6th. Analysts expect Minerals Technologies to post earnings of $1.38 per share and revenue of $522.93 million for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Minerals Technologies Price Performance

Shares of MTX stock opened at $76.67 on Thursday. The stock has a market cap of $2.44 billion, a price-to-earnings ratio of 16.24 and a beta of 1.31. The business’s fifty day moving average is $77.79 and its 200 day moving average is $77.25. Minerals Technologies has a twelve month low of $64.91 and a twelve month high of $90.29. The company has a quick ratio of 1.72, a current ratio of 2.46 and a debt-to-equity ratio of 0.51.

Minerals Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 7th. Investors of record on Friday, February 14th will be paid a $0.11 dividend. The ex-dividend date is Friday, February 14th. This represents a $0.44 annualized dividend and a yield of 0.57%. Minerals Technologies’s payout ratio is 9.32%.

Analyst Upgrades and Downgrades

MTX has been the topic of several recent research reports. Truist Financial initiated coverage on Minerals Technologies in a research note on Tuesday. They issued a “buy” rating and a $103.00 price target on the stock. StockNews.com cut Minerals Technologies from a “buy” rating to a “hold” rating in a research note on Wednesday, October 30th.

View Our Latest Stock Analysis on Minerals Technologies

About Minerals Technologies

(Get Free Report)

Minerals Technologies Inc develops, produces, and markets various mineral, mineral-based, and related systems and services. The company operates through two segments, Consumer & Specialties, and Engineered Solutions segments. The Consumer & Specialties segment offers household and personal care products, such as pet litter, personal care, fabric care, edible oil and other fluid purification, animal health, and agricultural products; and specialty additives products, including precipitated calcium carbonate and ground calcium carbonate products that are used in the paper, paperboard, and fiber based packaging industries, as well as automotive, construction, and table and food applications.