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Minerals Technologies, Inc. - MTX STOCK NEWS

Welcome to our dedicated news page for Minerals Technologies (Ticker: MTX), a resource for investors and traders seeking the latest updates and insights on Minerals Technologies.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Minerals Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Minerals Technologies's position in the market.

Rhea-AI Summary
Minerals Technologies Inc. (NYSE: MTX) reported record first quarter 2024 earnings per share of $1.44, or $1.49 excluding special items. Operating income reached $77 million, a 23% increase over the prior year, with a strong operating margin of 14.5%. Cash flow from operations was $56 million. Consumer & Specialties segment sales were up 4%, while Engineered Solutions segment sales were down 5%. The company repurchased $15 million of shares and repaid $13 million of debt. MTI remains focused on long-term growth and profitability targets.
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Minerals Technologies Inc. (NYSE: MTX) to release first-quarter results on April 25, 2024, with a conference call scheduled for April 26, 2024, at 11:00 a.m. Eastern Time.
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Minerals Technologies Inc. (MTX) announces the election of Kristina M. Johnson to its Board of Directors. Dr. Johnson brings a wealth of experience in education, business, and government, having held significant roles in various organizations. Her appointment is expected to bring valuable insights and innovative ideas to MTI.
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2.51%
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management
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Minerals Technologies Inc. (MTX) CEO to present at JP Morgan Industrials Conference, highlighting strategy and financial results. Senior management to attend investor conferences in March.
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1.06%
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Minerals Technologies Inc. (MTX) reported record full-year 2023 earnings of $2.58 or $5.21 per share, excluding special items. The company also achieved a record year with revenue of $2.17 billion, strong cash flow, and increased dividend. The Consumer & Specialties segment sales were up 3%, while the Engineered Solutions segment sales were up 2%. The company's net leverage ratio is at 1.9 times EBITDA, and it has repaid $49 million of debt. The company will host a conference call on February 2, 2024, at 11 a.m. Eastern Time.
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2.79%
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Minerals Technologies Inc. (MTI) has declared a regular quarterly dividend of $0.10 per share on the Company’s common stock, payable on March 7, 2024. The dividend is a positive sign of the company's financial stability and commitment to rewarding its shareholders.
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-0.92%
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dividends
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Minerals Technologies Inc. (NYSE: MTX) will release its Q4 2023 results on February 1, 2024, followed by a conference call on February 2, 2024, to discuss the results. The conference call will be webcast and accessible on the company's website.
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-0.97%
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Minerals Technologies Inc. (NYSE: MTX) reported record third-quarter revenue of $548M, with operating income of $77M and operating margin of 14.1%. Cash flow from operations doubled year-to-date. The company announced a dividend increase and a new $75M share repurchase program.
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3.9%
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Minerals Technologies Inc. announces increase in dividend and new share repurchase program
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5.8%
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buyback dividends
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Minerals Technologies Inc. to release Q3 2023 results on October 26, 2023
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1.72%
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Minerals Technologies, Inc.

NYSE:MTX

MTX Rankings

MTX Stock Data

2.30B
31.78M
1.08%
98.82%
0.8%
All Other Miscellaneous Chemical Product and Preparation Manufacturing
Manufacturing
Link
US
New York

About MTX

minerals technologies inc. is a resource- and technology-based company that develops, produces and markets worldwide a broad range of specialty mineral, mineral-based and synthetic mineral products and related systems and services. the company has five reportable segments: specialty minerals, refractories, performance materials, construction technologies and energy services. the specialty minerals, performance materials and construction technologies segments produce and sell products and technologies based primarily upon the mineral products calcium carbonate, bentonite, talc, chromite and leonardite. these segments are used principally in the paper, metalcasting, building materials, paints and coatings, consumer products, ceramic, polymer, and food and pharmaceutical industries. the refractories and energy services segments both produce and market patented technologies, products and services. the refractories segment produces monolithic refractory materials and specialty