In today’s recent session, 1.0 million shares of the MP Materials Corporation (NYSE:MP) have been traded, and its beta is 2.24. Most recently the company’s share price was $24.19, and it changed around -$1.01 or -4.01% from the last close, which brings the market valuation of the company to $3.95B. MP at last check was trading at a discount to its 52-week high of $29.72, offering almost -22.86% off that amount. The share price’s 52-week low was $10.02, which indicates that the recent value has risen by an impressive 58.58% since then.
MP Materials Corporation stock received a consensus recommendation rating of Buy, based on a mean score of 1.64. If we narrow it down even further, the data shows that 0 out of 11 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 3 recommended MP as a Hold, whereas 8 deemed it a Buy, and 0 rated it as Underweight.
MP Materials Corporation (NYSE:MP) trade information
Instantly MP has been showing red trend so far today with a performance of -4.01% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 25.74 on recent trading dayincreased the stock’s daily price by 6.02%. The company’s shares are currently up 55.06% year-to-date, but still down -1.59% over the last five days. On the other hand, MP Materials Corporation (NYSE:MP) is 4.90% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $21.25, which translates to bulls needing to decrease their stock price by -13.84% from its current value. Analyst projections state that MP is forecast to be at a low of $19.5 and a high of $23.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -41.29%.
MP Dividends
MP Materials Corporation’s next quarterly earnings report is expected to be released in June.
BLACKROCK INC., with 7.3006% or 12.07 million shares worth $153.67 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
iShares Trust-iShares Core S&P Small-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Mar 31, 2025 . The former held 7.47 shares worth $181.81 million, making up 4.57% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held roughly 3.65 shares worth around $88.88 million, which represents about 2.23% of the total shares outstanding.
