S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
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New CBOE “special perk” helps traders target income every weekend (Ad)
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Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
New CBOE “special perk” helps traders target income every weekend (Ad)
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say
Lacking counselors, US schools turn to the booming business of online therapy
New CBOE “special perk” helps traders target income every weekend (Ad)
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
A man fatally stabbed 4 family members before police shot and killed him; 2 officers injured
New CBOE “special perk” helps traders target income every weekend (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
New CBOE “special perk” helps traders target income every weekend (Ad)
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say
Lacking counselors, US schools turn to the booming business of online therapy
New CBOE “special perk” helps traders target income every weekend (Ad)
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
A man fatally stabbed 4 family members before police shot and killed him; 2 officers injured
New CBOE “special perk” helps traders target income every weekend (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
New CBOE “special perk” helps traders target income every weekend (Ad)
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say
Lacking counselors, US schools turn to the booming business of online therapy
New CBOE “special perk” helps traders target income every weekend (Ad)
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
A man fatally stabbed 4 family members before police shot and killed him; 2 officers injured
New CBOE “special perk” helps traders target income every weekend (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
New CBOE “special perk” helps traders target income every weekend (Ad)
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say
Lacking counselors, US schools turn to the booming business of online therapy
New CBOE “special perk” helps traders target income every weekend (Ad)
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars

Matthews International Stock Price, News & Analysis (NASDAQ:MATW)

$34.87
+0.72 (+2.11%)
(As of 12/1/2023 ET)
Compare
Today's Range
$33.87
$34.95
50-Day Range
$34.02
$40.76
52-Week Range
$29.77
$48.86
Volume
221,489 shs
Average Volume
124,846 shs
Market Capitalization
$1.06 billion
P/E Ratio
27.90
Dividend Yield
2.75%
Price Target
$64.00

Matthews International MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
83.5% Upside
$64.00 Price Target
Short Interest
Bearish
2.29% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.25mentions of Matthews International in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.19%
From $3.06 to $3.28 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.56 out of 5 stars

Consumer Staples Sector

35th out of 129 stocks

Nonferrous Foundries (Castings) Industry

1st out of 2 stocks


MATW stock logo

About Matthews International Stock (NASDAQ:MATW)

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. The Industrial Technologies segment designs, manufactures, services, and distributes high-tech custom energy storage solutions, and product identification and warehouse automation technologies and solutions, including order fulfillment systems for identifying, tracking, picking, and conveying consumer and industrial products. This segment also provides engineered calendaring, laminating, and coating equipment; stand-alone marking products; laser and ink-jet printing systems; and spare parts, calendar, and coating-roller refurbishing and retrofits. The SGK Brand solutions segment provides brand management, pre-media services, printing plates and cylinders, imaging services, digital asset management, merchandising display systems, and marketing and design services for the consumer goods and retail industries. The company was founded in 1850 and is based in Pittsburgh, Pennsylvania.

MATW Stock Price History

MATW Stock News Headlines

Matthews International Corp Class A
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Q4 2023 Matthews International Corp Earnings Call
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Matthews International: Q4 Earnings Insights
Matthews Q4 2023 Earnings Preview
Matthews International earnings: here's what Wall Street expects
Matthews Intl. hosts conference call for investors
Toni Matthews-El
See More Headlines
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Company Calendar

Last Earnings
11/18/2021
Ex-Dividend for 12/11 Dividend
11/24/2023
Today
12/03/2023
Dividend Payable
12/11/2023
Next Earnings (Estimated)
1/25/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Nonferrous foundries (castings)
Sub-Industry
Specialized Consumer Services
Current Symbol
NASDAQ:MATW
CUSIP
57712810
Employees
12,000
Year Founded
1850

Price Target and Rating

Average Stock Price Target
$64.00
High Stock Price Target
$64.00
Low Stock Price Target
$64.00
Potential Upside/Downside
+83.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$39.29 million
Pretax Margin
2.17%

Debt

Sales & Book Value

Annual Sales
$1.88 billion
Cash Flow
$6.25 per share
Book Value
$17.29 per share

Miscellaneous

Free Float
29,321,000
Market Cap
$1.06 billion
Optionable
Optionable
Beta
1.10

Social Links

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Key Executives

  • Mr. Joseph C. Bartolacci (Age 63)
    CEO, President & Director
    Comp: $2.36M
  • Mr. Steven F. Nicola (Age 63)
    CFO & Corporate Secretary
    Comp: $1.16M
  • Mr. Gregory S. Babe (Age 65)
    CTO, Group President of Industrial Technologies Segment & Director
    Comp: $786.05k
  • Mr. Brian D. Walters Esq. (Age 54)
    Executive VP & General Counsel
    Comp: $747.77k
  • Mr. Steven D. Gackenbach (Age 60)
    Executive VP & Group President of Memorialization
    Comp: $912.62k
  • Mr. Davor Brkovich
    Chief Information Officer
  • Mr. William D. Wilson
    Senior Director of Corporate Development & Investor Relations
  • Mr. Gary R. Kohl (Age 59)
    Executive VP & President of SGK Brand Solutions
    Comp: $765k
  • Mr. Ronald C. Awenowicz
    Senior Vice President of Human Resources
  • Ms. Reena Gurtner
    Senior Vice President of Human Resources














MATW Stock Analysis - Frequently Asked Questions

Should I buy or sell Matthews International stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Matthews International in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" MATW shares.
View MATW analyst ratings
or view top-rated stocks.

What is Matthews International's stock price target for 2024?

1 analysts have issued 1-year target prices for Matthews International's stock. Their MATW share price targets range from $64.00 to $64.00. On average, they predict the company's stock price to reach $64.00 in the next year. This suggests a possible upside of 83.5% from the stock's current price.
View analysts price targets for MATW
or view top-rated stocks among Wall Street analysts.

How have MATW shares performed in 2023?

Matthews International's stock was trading at $30.44 on January 1st, 2023. Since then, MATW stock has increased by 14.6% and is now trading at $34.87.
View the best growth stocks for 2023 here
.

Are investors shorting Matthews International?

Matthews International saw a increase in short interest in November. As of November 15th, there was short interest totaling 672,000 shares, an increase of 24.2% from the October 31st total of 541,200 shares. Based on an average daily volume of 127,700 shares, the short-interest ratio is presently 5.3 days. Currently, 2.3% of the shares of the company are short sold.
View Matthews International's Short Interest
.

When is Matthews International's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, January 25th 2024.
View our MATW earnings forecast
.

How were Matthews International's earnings last quarter?

Matthews International Co. (NASDAQ:MATW) posted its earnings results on Thursday, November, 18th. The company reported $0.80 EPS for the quarter, topping analysts' consensus estimates of $0.75 by $0.05. The firm had revenue of $438.84 million for the quarter, compared to the consensus estimate of $386.10 million. Matthews International had a trailing twelve-month return on equity of 17.45% and a net margin of 2.09%. During the same period in the previous year, the business posted $1.11 EPS.

How often does Matthews International pay dividends? What is the dividend yield for Matthews International?

Matthews International announced a quarterly dividend on Wednesday, November 15th. Investors of record on Monday, November 27th will be given a dividend of $0.24 per share on Monday, December 11th. This represents a $0.96 annualized dividend and a yield of 2.75%. The ex-dividend date of this dividend is Friday, November 24th. This is a boost from the stock's previous quarterly dividend of $0.23.
Read our dividend analysis for MATW
.

Is Matthews International a good dividend stock?

Matthews International (NASDAQ:MATW) pays an annual dividend of $0.96 per share and currently has a dividend yield of 2.75%. The company has been increasing its dividend for 29 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 76.80%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, MATW will have a dividend payout ratio of 29.27% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MATW.

What ETFs hold Matthews International's stock?
What is Joseph C. Bartolacci's approval rating as Matthews International's CEO?

59 employees have rated Matthews International Chief Executive Officer Joseph C. Bartolacci on Glassdoor.com. Joseph C. Bartolacci has an approval rating of 51% among the company's employees. This puts Joseph C. Bartolacci in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Matthews International own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Matthews International investors own include Johnson & Johnson (JNJ), AbbVie (ABBV), Pfizer (PFE), Verizon Communications (VZ), Abbott Laboratories (ABT), Gilead Sciences (GILD), Medtronic (MDT), Marathon Petroleum (MPC), Realty Income (O) and PepsiCo (PEP).

Who are Matthews International's major shareholders?

Matthews International's stock is owned by a variety of retail and institutional investors. Top institutional investors include Phoenix Holdings Ltd. (5.38%), Gamco Investors INC. ET AL (3.48%), Ameriprise Financial Inc. (3.13%), Charles Schwab Investment Management Inc. (1.44%), Bank of New York Mellon Corp (1.28%) and Allspring Global Investments Holdings LLC (1.00%). Insiders that own company stock include Aleta W Richards, Brian J Dunn, David A Schawk, Joseph C Bartolacci, Ronald C Awenowicz and Steven F Nicola.
View institutional ownership trends
.

How do I buy shares of Matthews International?

Shares of MATW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:MATW) was last updated on 12/3/2023 by MarketBeat.com Staff

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