Matthews International Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Matthews International in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Matthews International stock.
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Matthews International is scheduled to release its next quarterly earnings announcement on Thursday, November 18th 2021.
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Matthews International Co. (NASDAQ:MATW) announced its quarterly earnings data on Thursday, July, 29th. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.16. The company had revenue of $428.38 million for the quarter, compared to analysts' expectations of $382.60 million. Matthews International had a net margin of 0.86% and a trailing twelve-month return on equity of 18.48%.
View Matthews International's earnings history.

Matthews International's stock was trading at $25.31 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MATW shares have increased by 30.1% and is now trading at $32.94.
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Matthews International announced a quarterly dividend on Friday, July 30th. Stockholders of record on Monday, August 9th will be given a dividend of $0.215 per share on Monday, August 23rd. This represents a $0.86 annualized dividend and a dividend yield of 2.61%. The ex-dividend date is Friday, August 6th. This is a boost from Matthews International's previous quarterly dividend of $0.13.
View Matthews International's dividend history.

Matthews International pays an annual dividend of $0.86 per share and currently has a dividend yield of 2.59%. Matthews International has been increasing its dividend for 26 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Matthews International is 28.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Matthews International will have a dividend payout ratio of 26.38% next year. This indicates that Matthews International will be able to sustain or increase its dividend.
View Matthews International's dividend history.

2 Wall Street analysts have issued twelve-month price objectives for Matthews International's stock. Their forecasts range from $60.00 to $60.00. On average, they anticipate Matthews International's share price to reach $60.00 in the next twelve months. This suggests a possible upside of 82.1% from the stock's current price.
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59 employees have rated Matthews International CEO Joseph C. Bartolacci on Glassdoor.com. Joseph C. Bartolacci has an approval rating of 51% among Matthews International's employees. This puts Joseph C. Bartolacci in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Matthews International include H&R Block (HRB), Hillenbrand (HI), WW International (WW), Carriage Services (CSV), Capstar Financial (CSTR), Regis (RGS) and Ascent Capital Group Inc Series A (ASCMA).
View all of MATW's competitors.

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 investors include BlackRock Inc. (16.96%), Vanguard Group Inc. (10.76%), Dimensional Fund Advisors LP (4.92%), Aristotle Capital Boston LLC (3.48%), State Street Corp (3.35%) and Gamco Investors INC. ET AL (3.32%). Company insiders that own Matthews International stock include Brian J Dunn, David A Schawk, Edward M Brady Jr, Joseph C Bartolacci, Steven F Nicola 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 BlackRock Inc., Russell Investments Group Ltd., Bank of America Corp DE, Wells Fargo & Company MN, Teacher Retirement System of Texas, California Public Employees Retirement System, ProShare Advisors LLC, and Aristotle Capital Boston LLC. Company insiders that have sold Matthews International company stock in the last year include Brian J Dunn, David A Schawk, Joseph C Bartolacci, and Steven F Nicola.
View insider buying and selling activity for Matthews International or view top insider-selling stocks.

MATW stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Fort Pitt Capital Group LLC, Invesco Ltd., Vanguard Group Inc., Jupiter Asset Management Ltd., Goldman Sachs Group Inc., Renaissance Technologies LLC, and State Street Corp. Company insiders that have bought Matthews International stock in the last two years include Edward M Brady Jr, and Tunon Alvaro Garcia.
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Shares of MATW 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 $32.94.

Matthews International has a market capitalization of $1.04 billion and generates $1.50 billion in revenue each year. The company earns $-87,150,000.00 in net income (profit) each year or $3.01 on an earnings per share basis.

Matthews International employs 11,000 workers across the globe.

Matthews International was founded in 1850.

The official website for Matthews International is www.matw.com.

Matthews International is headquartered at TWO NORTHSHORE CENTER, PITTSBURGH PA, 15212.

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 [email protected].