On 2016-07-20, Minerals Technologies Inc. (NYSE:MTX) confirmed the dividend disbursement of $0.05 a share to shareholders as on record 2016-08-26. The firm will release dividend on 2016-09-08 while ex-dividend date is reported to be 2016-08-24.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Minerals Technologies Inc. (NYSE:MTX) paid a total of $0.05 per share in dividends. This figure stood at $0.05 a share in the same period a year ago indicating a deviation of 0%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $73 on the stock. This figure is the average of recommendations offered by 2 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $78 and $68, respectively.
Taking the mathematical rating formula, the price for Minerals Technologies Inc. (NYSE:MTX) stands at 1.67. Earnings Review Minerals Technologies Inc. (NYSE:MTX) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-27. For the period ending on 2016-09-30, experts are expecting EPS of $1.15.
Coming to the quarter ending on 2015-12-31, Minerals Technologies Inc. (NYSE:MTX) recorded EPS of $1.2. The reported numbers came lower than the analysts’ estimates of $1.16, demonstrating a miss of $0.04 as against reported figures.
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