NASDAQ:MATW - Matthews International Stock Price, Forecast & News

Matthews International trades on the NASDAQ under the ticker symbol "MATW."

Matthews International declared a quarterly dividend on Wednesday, November 13th. Investors of record on Monday, November 25th will be paid a dividend of $0.21 per share on Monday, December 9th. This represents a $0.84 annualized dividend and a dividend yield of 2.21%. The ex-dividend date of this dividend is Friday, November 22nd. This is a boost from Matthews International's previous quarterly dividend of $0.20. View Matthews International's Dividend History.

Matthews International Corp (NASDAQ:MATW) issued its quarterly earnings results on Thursday, November, 21st. The company reported $1.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.02 by $0.01. The business earned $392.40 million during the quarter, compared to analyst estimates of $380.59 million. Matthews International had a negative net margin of 2.47% and a positive return on equity of 12.82%. The business's revenue for the quarter was down 3.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.23 earnings per share. View Matthews International's Earnings History.

Matthews International is scheduled to release their next quarterly earnings announcement on Thursday, January 30th 2020. View Earnings Estimates for Matthews International.

Matthews International will be holding an earnings conference call on Thursday, January 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Matthews International updated its FY 2019 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share guidance of $3.26-3.31 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.43.

2 brokerages have issued 1-year price objectives for Matthews International's stock. Their forecasts range from $65.00 to $65.00. On average, they anticipate Matthews International's stock price to reach $65.00 in the next twelve months. This suggests a possible upside of 71.3% from the stock's current price. View Analyst Price Targets for Matthews International.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Matthews International in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Matthews International.

Media coverage about MATW stock has been trending extremely negative on Saturday, according to InfoTrie. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Matthews International earned a media sentiment score of -5.0 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Matthews International.

Matthews International saw a decrease in short interest during the month of December. As of December 31st, there was short interest totalling 1,870,000 shares, a decrease of 7.9% from the December 15th total of 2,030,000 shares. Based on an average daily trading volume, of 120,300 shares, the short-interest ratio is presently 15.5 days. Approximately 6.2% of the company's stock are sold short. View Matthews International's Current Options Chain.

Some companies that are related to Matthews International include H & R Block (HRB), Sothebys (BID), Weight Watchers International (WW), Hillenbrand (HI), Regis (RGS), Carriage Services (CSV), Capstar Financial (CSTR), Collectors Universe (CLCT) and Ascent Capital Group Inc Series A (ASCMA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Matthews International investors own include Verizon Communications (VZ), PepsiCo (PEP), Walgreens Boots Alliance (WBA), Harley-Davidson (HOG), Mcdonald's (MCD), 3M (MMM), Marathon Petroleum (MPC), AT&T (T), Exxon Mobil (XOM) and Automatic Data Processing (ADP).

Matthews International's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.08%), Louisiana State Employees Retirement System (0.03%), Raymond James Trust N.A. (0.02%) and CWM Advisors LLC (0.02%). Company insiders that own Matthews International stock include Brian J Dunn, David A Schawk, Robert M Marsh and Tunon Alvaro Garcia. View Institutional Ownership Trends for Matthews International.

MATW stock was sold by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System, CWM Advisors LLC and State of Alaska Department of Revenue. View Insider Buying and Selling for Matthews International.

MATW stock was purchased by a variety of institutional investors in the last quarter, including Raymond James Trust N.A.. Company insiders that have bought Matthews International stock in the last two years include David A Schawk, Robert M Marsh and Tunon Alvaro Garcia. View Insider Buying and Selling for Matthews International.

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

One share of MATW stock can currently be purchased for approximately $37.95.

Matthews International has a market capitalization of $1.19 billion and generates $1.54 billion in revenue each year. The company earns $-37,990,000.00 in net income (profit) each year or $3.31 on an earnings per share basis. Matthews International employs 11,000 workers across the globe.View Additional Information About Matthews International.

The official website for Matthews International is http://www.matw.com/.

Matthews International's mailing address is TWO NORTHSHORE CENTER, PITTSBURGH PA, 15212. The company can be reached via phone at 412-442-8200 or via email at matw.com.