Investment analysts at Seaport Res Ptn have revised their earnings per share (EPS) forecast for Materion Corporation (NYSE: MTRN), indicating a decrease for the fiscal year 2025. In a research note issued on October 29, 2023, analyst M. Harrison projected that Materion will earn $5.51 per share, a slight reduction from the previous estimate of $5.59. The consensus estimate for the company’s current full-year earnings stands at $5.50 per share.
In addition to the overall yearly forecast, Seaport Res Ptn also provided estimates for Materion’s quarterly earnings. They anticipate $1.60 EPS for the fourth quarter of 2025, followed by $1.44 EPS in the first quarter of 2026, $1.53 EPS in the second quarter, $1.55 EPS in the third quarter, and $1.87 EPS in the fourth quarter of 2026. The full-year earnings forecast for 2026 is set at $6.40 EPS.
Several other brokerages have also assessed Materion’s stock recently. Wall Street Zen downgraded the stock from a “buy” to a “hold” rating, while Weiss Ratings maintained a “hold (c-)” rating. Meanwhile, KeyCorp raised their price target from $115.00 to $117.00 and provided an “overweight” rating. Zacks Research decreased Materion’s rating from “strong-buy” to “hold.” Currently, one analyst rates the stock as a Buy, while two others have assigned a Hold rating, leading to an average rating of “Hold” and a target price of $117.00, according to data from MarketBeat.com.
Materion’s stock opened at $111.68 on Monday and has experienced a decline of 2.4%. The company’s shares have fluctuated significantly over the past year, with a low of $69.10 and a high of $135.33. Materion has a current ratio of 3.28, a quick ratio of 1.25, and a debt-to-equity ratio of 0.49. The market capitalization of the company is approximately $2.31 billion, and it has a price-to-earnings ratio of 117.55.
In its most recent earnings report, released on March 22, 2023, Materion reported earnings of $1.03 EPS for the quarter, with revenue reaching $230.20 million. The company had a net margin of 1.12% and a return on equity of 12.66%.
Recent activity among institutional investors and hedge funds has also influenced Materion’s stock. The Teacher Retirement System of Texas acquired a new stake worth approximately $248,000 in the first quarter. Additionally, Principal Financial Group Inc. increased its stake by 2.3%, now owning 103,572 shares valued at $8.45 million. Other investors, including Nisa Investment Advisors LLC and MQS Management LLC, have also made adjustments to their holdings, contributing to the institutional ownership of 93.56% of the company’s stock.
In related news, N Mohan Reddy, a director at Materion, sold 1,155 shares on August 11, at an average price of $105.45, totaling $121,794.75. Corporate insiders currently hold 2.60% of the company’s shares.
Materion announced a quarterly dividend to be paid on December 5, 2023, with shareholders of record on November 13 receiving $0.14 per share. This results in an annualized dividend of $0.56 and a dividend yield of 0.5%, with a payout ratio of 58.95%.
Materion Corporation specializes in producing advanced engineered materials utilized across various sectors, including semiconductor, aerospace, automotive, and consumer electronics. The company operates within four primary segments: Performance Materials, Electronic Materials, Precision Optics, and Other.
