MP Stock — MP Materials Corp.

MP Materials Corp. (MP)

Updated October 16, 2026.

MP is a Stock. Total return is 301.7% over the past 6.3 years, 134.2 points ahead of SPY at 167.5%.

MP Materials Corp. produces rare earth materials in the Western Hemisphere through two operating segments: its Materials segment owns and operates the Mountain Pass Rare Earth Mine and Processing facility in California, while its Magnetics segment produces magnetic precursor products and manufactures NdFeB permanent magnets. The company does not currently have an established distribution schedule. This stock may appeal to investors seeking exposure to rare earth materials and advanced manufacturing in North America, though those prioritizing regular income should note the absence of scheduled distributions.

MP performance versus SPY

Price and return data through 2026-10-16.

Total return is 301.7% over the past 6.3 years, 134.2 points ahead of SPY at 167.5%. Over the past year its total return — price change plus distributions reinvested — is -52.1%. Its deepest 1-year drawdown was 54.6%.

MP key facts

Asset type

Stock

Asset class

Equity

Inception date

06/22/2020

Distribution frequency

None

Last close

$40.17 (as of 2026-10-16)

Market cap

$7,154,340,790

Average volume

5603354.0

Beta

1.99

Payout ratio

0.0%

Forward P/E

47.3934

EPS

$-0.31

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

MP risks and drawbacks

The deepest 1-year drawdown on record here is 54.6%.

Who may consider MP — and who may not

It is a weaker fit for investors who need monthly cash flow (MP does not currently distribute). This is educational context, not a recommendation to buy or sell.

More on MP

• All tickers starting with M

Tagged: Materials, Rare Earth.

Frequently asked questions