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

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

Matthews International announced a quarterly dividend on Wednesday, November 13th. Investors of record on Monday, November 25th will be given a dividend of $0.21 per share on Monday, December 9th. This represents a $0.84 annualized dividend and a dividend yield of 2.10%. 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) announced its quarterly earnings results on Thursday, November, 21st. The company reported $1.01 EPS for the quarter, missing analysts' consensus estimates of $1.02 by $0.01. The business had revenue of $392.40 million for the quarter, compared to analyst estimates of $380.59 million. Matthews International had a positive return on equity of 12.82% and a negative net margin of 2.47%. Matthews International's revenue for the quarter was down 3.7% compared to the same quarter last year. During the same period last year, the company posted $1.23 EPS. 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 issued an update on 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 estimate of $3.43.

2 brokers have issued 12 month price objectives for Matthews International's shares. 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 year. This suggests a possible upside of 62.4% 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.

Press coverage about MATW stock has trended somewhat negative on Saturday, according to InfoTrie Sentiment. The research group scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Matthews International earned a coverage optimism score of -1.0 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Matthews International.

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

Some companies that are related to Matthews International include H & R Block (HRB), Weight Watchers International (WW), Sothebys (BID), 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 PepsiCo (PEP), Mcdonald's (MCD), 3M (MMM), Verizon Communications (VZ), Automatic Data Processing (ADP), Amgen (AMGN), Broadcom (AVGO), Commerce Bancshares (CBSH), Walgreens Boots Alliance (WBA) and Archer Daniels Midland (ADM).

Matthews International's stock is owned by a number 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%) and Raymond James Trust N.A. (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 and State of Alaska Department of Revenue. View Insider Buying and Selling for Matthews International.

MATW stock was bought 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 $40.02.

Matthews International has a market capitalization of $1.25 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.