Matthews International - MATW Stock Forecast, Price & News

1 Wall Street research 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 research analysts is that investors should "buy" MATW shares.
View MATW analyst ratings or view top-rated stocks.

1 Wall Street analysts have issued 12-month price targets for Matthews International's stock. Their MATW share price forecasts range from $45.00 to $45.00. On average, they predict the company's stock price to reach $45.00 in the next twelve months. This suggests a possible upside of 29.6% from the stock's current price.
View analysts price targets for MATW or view top-rated stocks among Wall Street analysts.

Matthews International's stock was trading at $30.44 on January 1st, 2023. Since then, MATW shares have increased by 14.1% and is now trading at $34.73.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our MATW earnings forecast.

Matthews International Co. (NASDAQ:MATW) issued its earnings results on Thursday, November, 18th. The company reported $0.80 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.05. The business had revenue of $438.84 million for the quarter, compared to analyst estimates of $386.10 million. Matthews International had a positive trailing twelve-month return on equity of 15.06% and a negative net margin of 4.30%. During the same period in the previous year, the firm posted $1.11 earnings per share.

Matthews International declared a quarterly dividend on Wednesday, January 25th. Stockholders of record on Monday, February 6th will be paid a dividend of $0.23 per share on Monday, February 20th. This represents a $0.92 dividend on an annualized basis and a yield of 2.65%. The ex-dividend date is Friday, February 3rd.
Read our dividend analysis for MATW.

ETFs with the largest weight of Matthews International (NASDAQ:MATW) stock in their portfolio include Gabelli Automation ETF (GAST), ProShares Russell 2000 Dividend Growers ETF (SMDV), Invesco S&P SmallCap Low Volatility ETF (XSLV), Invesco S&P SmallCap Industrials ETF (PSCI), Invesco Nasdaq Future Gen 200 ETF (QQQS), iShares US Small Cap Value Factor ETF (SVAL), SPDR S&P 600 Small CapValue ETF (SLYV) and IQ Chaikin U.S. Small Cap ETF (CSML).

Matthews International (NASDAQ:MATW) pays an annual dividend of $0.92 per share and currently has a dividend yield of 2.60%.
Read our dividend analysis for MATW.

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.

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).

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

Matthews International's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Phoenix Holdings Ltd. (5.89%), Dimensional Fund Advisors LP (4.95%), Gamco Investors INC. ET AL (3.64%), Aristotle Capital Boston LLC (3.30%), Palisade Capital Management LP (2.11%) and Geode Capital Management LLC (1.91%). Insiders that own company stock include Brian J Dunn, David A Schawk, Edward M Brady Jr, Joseph C Bartolacci, Ronald C Awenowicz and Steven F Nicola.
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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.
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One share of MATW stock can currently be purchased for approximately $34.73.

Matthews International (NASDAQ:MATW) has a market capitalization of $1.06 billion and generates $1.76 billion in revenue each year. The company earns $-99,770,000.00 in net income (profit) each year or ($2.48) on an earnings per share basis.

The company employs 12,000 workers across the globe.

Matthews International's mailing address is TWO NORTHSHORE CENTER, PITTSBURGH PA, 15212. The official website for the company is www.matw.com. The company can be reached via phone at (412) 442-8200, via email at nicola@matthewsintl.com, or via fax at 412-442-8290.