Matson (MATX) Expected to Announce Quarterly Earnings on Monday

Matson (NYSE:MATX - Get Free Report) is expected to announce its Q1 2025 earnings results after the market closes on Monday, May 5th. Analysts expect the company to announce earnings of $2.64 per share and revenue of $818.07 million for the quarter.

Matson (NYSE:MATX - Get Free Report) last posted its quarterly earnings data on Tuesday, February 25th. The shipping company reported $3.80 earnings per share for the quarter, topping the consensus estimate of $3.20 by $0.60. Matson had a return on equity of 16.89% and a net margin of 12.37%. The firm had revenue of $890.30 million during the quarter, compared to analyst estimates of $851.78 million. On average, analysts expect Matson to post $13 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Matson Trading Down 1.1 %

Shares of MATX stock traded down $1.13 during mid-day trading on Friday, hitting $102.42. The company's stock had a trading volume of 393,826 shares, compared to its average volume of 304,931. The company's fifty day simple moving average is $122.44 and its 200-day simple moving average is $136.51. Matson has a 52 week low of $92.90 and a 52 week high of $169.12. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.13 and a current ratio of 1.13. The company has a market cap of $3.36 billion, a PE ratio of 8.52 and a beta of 1.12.

Matson Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Thursday, May 8th will be paid a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 1.33%. The ex-dividend date is Thursday, May 8th. Matson's dividend payout ratio (DPR) is currently 9.69%.

Insider Buying and Selling

In other Matson news, SVP Richard S. Kinney sold 1,997 shares of the firm's stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $137.11, for a total transaction of $273,808.67. Following the transaction, the senior vice president now directly owns 8,425 shares in the company, valued at approximately $1,155,151.75. This trade represents a 19.16 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP John P. Lauer sold 7,985 shares of the firm's stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $134.73, for a total value of $1,075,819.05. Following the transaction, the executive vice president now owns 25,192 shares in the company, valued at approximately $3,394,118.16. This trade represents a 24.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.05% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on MATX shares. Stifel Nicolaus raised their price objective on Matson from $150.00 to $160.00 and gave the company a "hold" rating in a research note on Wednesday, February 26th. Stephens increased their target price on Matson from $165.00 to $175.00 and gave the stock an "overweight" rating in a report on Wednesday, February 26th.

About Matson

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.