Materion Corporation (NYSE:MTRN) Shares Set to Pay Quarterly Dividend of $0.14

Materion Corporation (NYSE:MTRN) declared a quarterly dividend on Monday, October 26th. Investors of record on Thursday, November 19th will be paid a dividend of $0.1450 per share by the basic materials company on Friday, December 4th. This represents a $0.58 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Thursday, November 19th.

Materion has a payout ratio of 9.8% meaning its dividend is sufficiently covered by earnings. Analysts expect Materion to earn $8.48 per share next year, which means the company should continue to be able to cover its $0.58 annual dividend with an expected future payout ratio of 6.8%.

Materion Stock Performance

Shares of MTRN opened at $227.05 on Tuesday. The company’s 50 day moving average price is $254.90 and its 200 day moving average price is $209.54. Materion has a 52 week low of $109.61 and a 52 week high of $324.98. The company has a market capitalization of $4.73 billion, a PE ratio of 52.93 and a beta of 1.05. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.29 and a current ratio of 2.94.

Materion (NYSE:MTRN) last released its earnings results on Wednesday, August 5th. The basic materials company reported $1.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.52 by $0.38. The company had revenue of $308.19 million during the quarter, compared to the consensus estimate of $549.82 million. Materion had a net margin of 4.29% and a return on equity of 13.38%. The company’s revenue was up 42.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.37 EPS. Materion has set its FY 2026 guidance at 6.800-7.200 EPS. Research analysts expect that Materion will post 7.04 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently issued reports on MTRN shares. Jefferies Financial Group initiated coverage on Materion in a report on Wednesday, September 2nd. They set a “buy” rating and a $314.00 price objective for the company. Weiss Ratings raised Materion from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, October 14th. Zacks Research downgraded Materion from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 5th. Wall Street Zen raised Materion from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Finally, KeyCorp upped their target price on Materion from $237.00 to $306.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $310.00.

Materion Company Profile

Materion Corporation is an advanced materials company that develops, manufactures and supplies engineered materials for demanding applications. Its product portfolio includes beryllium and beryllium-aluminum alloys, specialty metals, precious-metal and clad materials, thin-film coating materials, optical filters and other precision components.

The company’s materials and products are used in aerospace and defense, semiconductor manufacturing, communications, medical technology, energy, automotive and other industrial markets.