Minerals Tech Stock Price, News & Analysis

Minerals Technologies (NYSE:MTX) has released its 17th annual Sustainability Report, showcasing significant environmental and safety achievements in 2024. The company achieved 11 out of 12 environmental targets ahead of schedule, with notable reductions in emissions: 14% decrease in Scope 1 and 10% decrease in Scope 2 emissions year-over-year.

Key highlights include a world-class safety performance with a 0.77 total recordable injury rate, extraction of over 1.1 million metric tons of waste CO2, and 66% of new products having sustainable profiles. The company also implemented AI-enabled technology in mining operations and reduced water usage by 4% year-over-year.

Minerals Technologies (NYSE:MTX) has declared a quarterly cash dividend of $0.11 per share on its common stock. The dividend will be paid on September 5, 2025, to shareholders of record as of August 15, 2025.

Minerals Technologies (NYSE: MTX) has scheduled its second quarter 2025 earnings conference call for July 25, 2025, at 11 a.m. ET. The company will release its Q2 2025 financial results on July 24, 2025, after market close. The quarter ended June 29, 2025.

Investors can access the webcast and presentation materials through MTI's Investor Relations page. For U.S. participants, the dial-in number is +1 877-270-2148, while international participants can dial +1 412-902-6510. A replay will be available from 2 p.m. ET on July 25 through December 25, 2025.

Minerals Technologies (NYSE: MTX) has announced a quarterly cash dividend declaration. The company's Board of Directors has approved a regular quarterly dividend of $0.11 per share on its outstanding common stock. The dividend will be paid on June 12, 2025, to shareholders who are recorded as stockholders at the close of business on May 30, 2025.

Minerals Technologies (NYSE: MTX) reported a Q1 2025 loss of $4.51 per share, primarily due to establishing a $215 million reserve for its subsidiary BMI OldCo's Chapter 11 case. Excluding special items, earnings were $1.14 per share.

Q1 worldwide net sales declined 8% to $492 million, with foreign exchange having a 2% unfavorable impact. The company experienced slower demand across both segments, with Consumer & Specialties sales down 10% to $268 million and Engineered Solutions sales falling 6% to $224 million.

MTX has initiated a $10 million cost savings program, primarily through workforce reductions, with full run-rate savings expected by early 2026. The company recorded a $5.5 million charge for severance costs. Despite challenging market conditions in January and February, MTX saw significant sales improvement in March, which management expects to continue through Q2 2025.

Minerals Technologies (NYSE: MTX) has announced key updates regarding its subsidiary's Chapter 11 case and Q1 2025 preliminary results. The company has established a $215 million reserve to resolve talc-related claims for BMI OldCo, including $30 million in debtor-in-possession financing.

For Q1 2025, MTX reports preliminary sales of $492 million and operating income of $63 million, falling short of their guidance of $500 million in sales and $70 million in operating income. The company attributes this underperformance to extended slower demand conditions and customer inventory adjustments.

In response, MTX has initiated a cost savings program targeting $10 million in annual efficiency savings, primarily through workforce reductions, recording a $5.5 million charge for severance costs. The company expects to achieve full run rate savings by early 2026 and reports improved sales momentum in March 2025, continuing into April.

Minerals Technologies (NYSE: MTX) has scheduled its first quarter 2025 earnings release for Thursday, April 24, 2025, after market close. The company will host a conference call to discuss the results on Friday, April 25, 2025, at 11 a.m. ET.

Investors can access the webcast and presentation materials through MTI's Investor Relations page. For U.S. participants, the dial-in number is +1 877-270-2148, while international participants can dial +1 412-902-6510. A replay will be available from 2 p.m. ET on April 25 through September 25, 2025.

Minerals Technologies (MTX) reported strong financial results for Q4 and full year 2024. Q4 earnings were $1.68 per share ($1.50 excluding special items), with worldwide net sales of $518 million, down 1% year-over-year. Q4 operating income excluding special items was $74 million, up 7% from prior year.

For full year 2024, the company achieved record operating income and earnings per share of $5.17 ($6.15 excluding special items). Annual net sales were $2.12 billion, down 2% from 2023. Operating income excluding special items reached $316 million, up 13% year-over-year, with margins expanding 200 basis points to 14.9%.

The company generated $236 million in operating cash flow and $147 million in free cash flow, using funds to repay $39 million in debt, repurchase $64 million in shares, and increase dividends. The company maintains a strong balance sheet with a net leverage ratio of 1.6x adjusted EBITDA.

Minerals Technologies (MTX) reported strong Q4 and full-year 2024 results, with Q4 earnings of $1.68 per share ($1.50 excluding special items) and full-year earnings of $5.17 per share ($6.15 excluding special items). Q4 worldwide net sales were $518 million, down 1% year-over-year, while full-year sales reached $2.12 billion, down 2%.

The Consumer & Specialties segment posted Q4 sales of $279 million (-1% YoY) with operating income up 4% to $38 million. The Engineered Solutions segment recorded Q4 sales of $239 million (-2% YoY) with operating income excluding special items up 8% to $40 million.

The company demonstrated strong financial management with $236 million in operating cash flow and $147 million in free cash flow. MTX repaid $39 million in debt, repurchased $64 million in shares, and increased its dividend, maintaining a strong balance sheet with a net leverage ratio of 1.6x adjusted EBITDA.