Matthews International (MATW) Stock Forecast, Price & News

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

1 equities research analysts have issued 12 month price targets for Matthews International's shares. Their MATW share price forecasts range from $50.00 to $50.00. On average, they expect the company's stock price to reach $50.00 in the next year. This suggests a possible upside of 19.8% 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 at the beginning of the year. Since then, MATW stock has increased by 37.1% and is now trading at $41.74.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our MATW earnings forecast.

Matthews International Co. (NASDAQ:MATW) issued its quarterly earnings results on Thursday, November, 18th. The company reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.05. The firm earned $438.84 million during the quarter, compared to analyst estimates of $386.10 million. Matthews International had a negative net margin of 3.61% and a positive trailing twelve-month return on equity of 15.29%. During the same quarter last year, the firm earned $1.11 EPS.

Matthews International announced a quarterly dividend on Wednesday, April 26th. Investors of record on Monday, May 8th will be paid a dividend of $0.23 per share on Monday, May 22nd. This represents a $0.92 dividend on an annualized basis and a yield of 2.20%. The ex-dividend date is Friday, May 5th.
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), iShares US Small Cap Value Factor ETF (SVAL), Invesco Nasdaq Future Gen 200 ETF (QQQS), iShares S&P Small-Cap 600 Value ETF (IJS) 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 2.36%.
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 number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.15%), Dimensional Fund Advisors LP (4.73%), State Street Corp (3.75%), Gamco Investors INC. ET AL (3.59%), Ameriprise Financial Inc. (3.50%) and Aristotle Capital Boston LLC (3.38%). 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.
View institutional ownership trends.

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 $41.74.

Matthews International (NASDAQ:MATW) has a market capitalization of $1.27 billion and generates $1.76 billion in revenue each year. The company earns $-99,770,000.00 in net income (profit) each year or ($2.13) 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.