Materion (MTRN) to Release Quarterly Earnings on Thursday

Materion (NYSE:MTRN) is expected to be issuing its quarterly earnings data before the market opens on Thursday, February 20th. Analysts expect the company to announce earnings of $1.43 per share and revenue of $433.22 million for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Materion Stock Down 2.7 %

Shares of NYSE MTRN opened at $97.89 on Thursday. The company has a debt-to-equity ratio of 0.51, a current ratio of 3.15 and a quick ratio of 1.26. Materion has a one year low of $93.20 and a one year high of $145.08. The stock has a market capitalization of $2.03 billion, a P/E ratio of 27.57 and a beta of 1.23. The firm’s 50 day simple moving average is $101.83 and its two-hundred day simple moving average is $107.41.

Materion Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 7th. Stockholders of record on Thursday, February 20th will be issued a $0.135 dividend. This represents a $0.54 annualized dividend and a dividend yield of 0.55%. The ex-dividend date of this dividend is Thursday, February 20th. Materion’s dividend payout ratio is 15.21%.

Insider Activity at Materion

In other Materion news, CFO Shelly Marie Chadwick sold 805 shares of the firm’s stock in a transaction on 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 transaction, 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 sale was disclosed in a filing with the SEC, which can be accessed through this link. 2.30% of the stock is currently owned by company 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.