Materion (NYSE:MTRN) Issues Quarterly Earnings Results

Materion (NYSE:MTRN) posted its quarterly earnings results on Wednesday. The basic materials company reported $1.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.43 by $0.12, Zacks reports. Materion had a net margin of 0.35% and a return on equity of 12.42%. The company had revenue of $436.90 million for the quarter, compared to the consensus estimate of $433.22 million. During the same period last year, the firm posted $1.41 EPS. The company’s revenue for the quarter was up 3.8% on a year-over-year basis. Materion updated its FY 2025 guidance to 5.300-5.700 EPS and its FY25 guidance to $5.30-5.70 EPS.

Materion Stock Performance

Shares of Materion stock traded down $1.36 on Friday, reaching $98.73. 17,620 shares of the company were exchanged, compared to its average volume of 82,820. The firm has a market cap of $2.05 billion, a price-to-earnings ratio of 339.72 and a beta of 1.23. Materion has a 1-year low of $93.20 and a 1-year high of $139.21. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.26 and a current ratio of 3.19. The company’s 50-day moving average is $100.25 and its two-hundred day moving average is $106.77.

Materion Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 7th. Shareholders of record on Thursday, February 20th will be paid a $0.135 dividend. The ex-dividend date of this dividend is Thursday, February 20th. This represents a $0.54 dividend on an annualized basis and a yield of 0.55%. Materion’s payout ratio is currently 186.21%.

Insider Buying and Selling

In related news, CFO Shelly Marie Chadwick sold 805 shares of Materion 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 sale, the chief financial officer now directly owns 14,632 shares in the company, valued at $1,481,343.68. This trade represents a 5.21 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.30% of the stock is 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.