MP Materials/MP

$16.45

-0.06%
-
1D1W1MYTD1YMAX

About MP Materials

MP Materials Corp. produces specialty materials that are vital inputs for electrification and other advanced technologies. The Company owns and operates the Mountain Pass Rare Earth Mine and Processing Facility (Mountain Pass) in North America, and is constructing a rare earth metal, alloy and magnet manufacturing facility in Fort Worth, Texas (the Fort Worth Facility). The Company produces rare earth concentrate products as well as refined rare earth oxides and related products. It is producing separated rare earth products, including neodymium-praseodymium (NdPr) oxide. The Company has a distributorship agreement with Sumitomo Corporation of Americas (Sumitomo), under which Sumitomo serves as the exclusive distributor of the NdPr oxide and NdPr metal produced by the Company to Japanese customers.

Ticker

MP

Sector

Basic Materials

Trading on

NYSE

Industry

Metal Mining

CEO

James Litinsky

Employees

681

Headquarters

Las vegas, United States

MP Materials Metrics

BasicAdvanced
$2.93B
Market cap
131.67
P/E ratio
$0.12
EPS
2.25
Beta
-
Dividend rate
$2.93B
2.25211
$26.53
$12.68
3.83M
10.421
9.544
50.155
50.323
1.89%
1.06%
1.82%
1.11%
131.674
11.558
2.145
2.159
-51.95%
-91.76%
23.57%

What the Analysts think about MP Materials

Analyst Ratings

Majority rating from 12 analysts.
Buy

Price Targets

Average projection from 10 analysts.
52.28% upside
High $45.00
Low $15.00
$16.45
Current price
$25.05
Average price target

MP Materials Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-39.32% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$41.2M
-21.52%
Net income
$-16.2M
285.71%
Profit margin
-39.32%
391.5%

MP Materials Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 4,100%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.42
$0.27
$0.09
$0.04
-
Expected
$0.17
$0.18
$0.06
-$0.00
-$0.02
Surprise
153.16%
49.58%
46.34%
-4,100%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for MP Materials stock?

MP Materials (MP) has a market cap of $2.93B as of April 22, 2024.

What is the P/E ratio for MP Materials stock?

The price to earnings (P/E) ratio for MP Materials (MP) stock is 131.67 as of April 22, 2024.

Does MP Materials stock pay dividends?

No, MP Materials (MP) stock does not pay dividends to its shareholders as of April 22, 2024.

When is the next MP Materials dividend payment date?

MP Materials (MP) stock does not pay dividends to its shareholders.

What is the beta indicator for MP Materials?

MP Materials (MP) has a beta rating of 2.25. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the MP Materials stock price target?

The target price for MP Materials (MP) stock is $25.05, which is 52.28% above the current price of $16.45. This is an average based on projections from 10 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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