Mativ (MATV) Scheduled to Post Quarterly Earnings on Wednesday

Mativ (NYSE:MATV) is scheduled to be announcing its earnings results after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of $0.26 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Mativ (NYSE:MATV) last announced its quarterly earnings results on Wednesday, August 7th. The company reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.13. Mativ had a positive return on equity of 5.19% and a negative net margin of 16.55%. The company had revenue of $523.80 million during the quarter, compared to the consensus estimate of $526.50 million. During the same period in the prior year, the company earned $0.51 earnings per share. On average, analysts expect Mativ to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Mativ Stock Up 0.4 %

Shares of Mativ stock opened at $15.66 on Tuesday. Mativ has a 1 year low of $10.78 and a 1 year high of $19.96. The business has a 50-day moving average of $17.11 and a two-hundred day moving average of $17.39. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.33 and a current ratio of 2.46.

Mativ Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 20th. Stockholders of record on Friday, August 23rd were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Friday, August 23rd. This represents a $0.40 annualized dividend and a dividend yield of 2.55%. Mativ’s dividend payout ratio is currently -6.68%.

Mativ Company Profile

Mativ Holdings, Inc, together with its subsidiaries, manufactures and sells specialty materials in the United States, Europe, the Asia Pacific, the Americas, and internationally. The company operates through two segments, Advanced Technical Materials and Fiber-Based Solutions. The Advanced Technical Materials manufactures and sells various engineered polymer, resin and fiber-based substrates, nets, films, adhesive tapes, and other nonwovens for the filtration, protective solutions, release liners, and healthcare end-markets.