Matson (MATX) Expected to Announce Earnings on Thursday

Matson (NYSE:MATX - Get Free Report) is anticipated to post its Q2 2025 quarterly earnings results after the market closes on Thursday, July 31st. Analysts expect Matson to post earnings of $2.18 per share and revenue of $727.30 million for the quarter.

Matson (NYSE:MATX - Get Free Report) last issued its earnings results on Monday, May 5th. The shipping company reported $2.18 EPS for the quarter, missing analysts' consensus estimates of $2.34 by ($0.16). The firm had revenue of $782.00 million for the quarter, compared to analyst estimates of $818.07 million. Matson had a return on equity of 20.02% and a net margin of 14.72%. The business's revenue for the quarter was up 8.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.04 EPS. On average, analysts expect Matson to post $13 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Matson Stock Up 0.6%

Shares of MATX stock traded up $0.68 on Friday, reaching $109.47. 268,307 shares of the stock were exchanged, compared to its average volume of 364,769. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.13. The business's 50 day moving average price is $111.60 and its 200 day moving average price is $120.66. The company has a market capitalization of $3.57 billion, a price-to-earnings ratio of 7.21 and a beta of 1.28. Matson has a twelve month low of $91.75 and a twelve month high of $169.12.

Matson Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 4th. Shareholders of record on Thursday, August 7th will be paid a $0.36 dividend. This represents a $1.44 annualized dividend and a yield of 1.32%. The ex-dividend date of this dividend is Thursday, August 7th. This is an increase from Matson's previous quarterly dividend of $0.34. Matson's dividend payout ratio is currently 8.96%.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Wall Street Zen downgraded shares of Matson from a "buy" rating to a "hold" rating in a research note on Wednesday, May 7th. Stifel Nicolaus decreased their price objective on shares of Matson from $160.00 to $130.00 and set a "hold" rating for the company in a research note on Tuesday, May 6th. Jefferies Financial Group downgraded shares of Matson from a "buy" rating to a "hold" rating and decreased their price objective for the company from $135.00 to $115.00 in a research note on Friday, July 18th. Finally, Stephens decreased their price objective on shares of Matson from $175.00 to $150.00 and set an "overweight" rating for the company in a research note on Tuesday, May 6th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $131.67.

Insider Activity

In other news, SVP Laura L. Rascon sold 1,700 shares of the company's stock in a transaction dated Tuesday, May 13th. The shares were sold at an average price of $118.19, for a total value of $200,923.00. Following the completion of the sale, the senior vice president directly owned 14,712 shares of the company's stock, valued at approximately $1,738,811.28. This represents a 10.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Bradley D. Tilden bought 2,752 shares of Matson stock in a transaction dated Thursday, May 29th. The stock was acquired at an average cost of $111.76 per share, with a total value of $307,563.52. Following the completion of the acquisition, the director directly owned 8,180 shares of the company's stock, valued at approximately $914,196.80. The trade was a 50.70% increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 2.05% of the company's stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Millennium Management LLC grew its position in Matson by 7.1% during the first quarter. Millennium Management LLC now owns 102,629 shares of the shipping company's stock worth $13,154,000 after buying an additional 6,778 shares during the period. Royal Bank of Canada grew its position in shares of Matson by 8.3% in the first quarter. Royal Bank of Canada now owns 41,346 shares of the shipping company's stock valued at $5,300,000 after purchasing an additional 3,155 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Matson by 11.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 24,459 shares of the shipping company's stock valued at $3,135,000 after purchasing an additional 2,492 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Matson by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,511 shares of the shipping company's stock valued at $2,501,000 after purchasing an additional 863 shares during the last quarter. Finally, NewEdge Advisors LLC acquired a new stake in shares of Matson in the first quarter valued at approximately $78,000. 84.76% of the stock is currently owned by institutional investors and hedge funds.

Matson Company Profile

Matson, Inc, together with its subsidiaries, engages in the provision of ocean transportation and logistics services. It operates through two segments, Ocean Transportation and Logistics. The Ocean Transportation segment offers ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Japan, Alaska, and Guam, as well as to other island economies in Micronesia.