B. Riley Has Optimistic Outlook of MATW FY2026 Earnings

Key Points

• B. Riley has raised its FY2026 earnings per share forecast for Matthews International (MATW) to $1.19, significantly up from a previous estimate of $0.35.
• Matthews International reported quarterly earnings of $0.28 per share, missing the consensus estimate by $0.05, despite achieving revenue of $349.40 million, exceeding expectations.
• The company has announced a quarterly dividend of $0.25 per share, translating to an annualized dividend of $1.00 and a yield of 4.1%.

Matthews International Corporation (NASDAQ:MATW - Free Report) - Analysts at B. Riley boosted their FY2026 earnings per share estimates for Matthews International in a research note issued to investors on Thursday, August 28th. B. Riley analyst L. Burke now forecasts that the company will post earnings per share of $1.19 for the year, up from their prior estimate of $0.35. The consensus estimate for Matthews International's current full-year earnings is $1.73 per share.

Separately, Wall Street Zen upgraded Matthews International from a "sell" rating to a "hold" rating in a research note on Saturday, August 9th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, Matthews International presently has an average rating of "Buy" and a consensus target price of $40.00.

Matthews International Stock Up 1.8%

Matthews International stock traded up $0.45 during midday trading on Monday, reaching $24.68. The company's stock had a trading volume of 45,930 shares, compared to its average volume of 236,670. The stock's 50-day simple moving average is $24.41 and its 200-day simple moving average is $22.71. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.66 and a quick ratio of 0.98. Matthews International has a 52-week low of $18.50 and a 52-week high of $32.24. The stock has a market capitalization of $759.74 million, a P/E ratio of -11.64 and a beta of 1.27.

Matthews International (NASDAQ:MATW - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The company reported $0.28 EPS for the quarter, missing analysts' consensus estimates of $0.33 by ($0.05). Matthews International had a negative net margin of 4.01% and a positive return on equity of 9.15%. The business had revenue of $349.40 million during the quarter, compared to analysts' expectations of $321.95 million.

Institutional Trading of Matthews International

Several large investors have recently added to or reduced their stakes in the company. Squarepoint Ops LLC grew its stake in Matthews International by 85.4% during the 2nd quarter. Squarepoint Ops LLC now owns 34,813 shares of the company's stock valued at $832,000 after purchasing an additional 16,039 shares during the last quarter. Public Sector Pension Investment Board raised its stake in shares of Matthews International by 7.4% during the 2nd quarter. Public Sector Pension Investment Board now owns 105,494 shares of the company's stock valued at $2,522,000 after buying an additional 7,249 shares during the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of Matthews International by 187.1% in the second quarter. Tower Research Capital LLC TRC now owns 2,885 shares of the company's stock worth $69,000 after buying an additional 1,880 shares during the last quarter. Cannell Capital LLC purchased a new stake in shares of Matthews International in the second quarter worth about $5,926,000. Finally, Smartleaf Asset Management LLC boosted its stake in shares of Matthews International by 25.0% in the second quarter. Smartleaf Asset Management LLC now owns 3,445 shares of the company's stock worth $84,000 after buying an additional 689 shares during the last quarter. Hedge funds and other institutional investors own 83.08% of the company's stock.

Matthews International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, August 25th. Shareholders of record on Monday, August 11th were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 4.1%. The ex-dividend date was Monday, August 11th. Matthews International's payout ratio is presently -47.17%.

About Matthews International

Matthews International Corporation provides brand solutions, memorialization products, and industrial technologies worldwide. It operates through three segments: Memorialization, Industrial Technologies, and SGK Brand Solutions. The Memorialization segment provides bronze and granite memorials, upright granite memorials and monuments, concrete burial vaults, cremation memorialization products, granite benches, flower vases, crypt plates and letters, cremation urns, niche units, cemetery features, and statues, as well as bronze plaques, letters, emblems, vases, lights and photo ceramics, granite monuments, mausoleums, crypts, and flush memorials.