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 Stock Performance

Shares of NYSE:MTRN traded up $3.79 on Wednesday, reaching $103.53. The company’s stock had a trading volume of 116,099 shares, compared to its average volume of 83,474. The stock’s 50-day moving average is $100.67 and its two-hundred day moving average is $106.84. Materion has a 52-week low of $93.20 and a 52-week high of $139.21. The company has a debt-to-equity ratio of 0.51, a current ratio of 3.15 and a quick ratio of 1.26. The stock has a market capitalization of $2.15 billion, a P/E ratio of 29.16 and a beta of 1.23.

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

Materion Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 7th. Investors of record on Thursday, February 20th will be issued a dividend of $0.135 per share. The ex-dividend date is Thursday, February 20th. This represents a $0.54 annualized dividend and a yield of 0.52%. Materion’s dividend payout ratio is currently 15.21%.

Insider Buying and Selling

In related news, CFO Shelly Marie Chadwick sold 805 shares of the stock in a transaction dated Friday, January 31st. The shares were 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 directly 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 document filed with the SEC, which is available at this link. 2.60% of the stock is currently 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.