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 Thursday, January 23rd. Shareholders of record on Monday, February 3rd will be given a dividend of $0.21 per share on Monday, February 17th. This represents a $0.84 dividend on an annualized basis and a yield of 2.17%. The ex-dividend date of this dividend is Friday, January 31st. This is a positive change from Matthews International's previous quarterly dividend of $0.13. View Matthews International's Dividend History.

Matthews International Corp (NASDAQ:MATW) posted its quarterly earnings results on Thursday, November, 21st. The company reported $1.01 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.02 by $0.01. The firm earned $392.40 million during the quarter, compared to the consensus estimate of $380.59 million. Matthews International had a positive return on equity of 12.82% and a negative net margin of 2.47%. The business's revenue was down 3.7% on a year-over-year basis. During the same period last 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 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 EPS estimate of $3.43.

2 equities research analysts have issued 1-year target prices for Matthews International's stock. Their forecasts range from $65.00 to $65.00. On average, they expect Matthews International's stock price to reach $65.00 in the next twelve months. This suggests a possible upside of 68.0% 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 trended negative on Wednesday, InfoTrie reports. The research group scores the sentiment of media coverage by analyzing 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 nearest to five being the most favorable. Matthews International earned a daily sentiment score of -2.5 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the company's share price in the near term. View News Stories for Matthews International.

Matthews International saw a drop in short interest in the month of January. As of January 15th, there was short interest totalling 1,870,000 shares, a drop of 7.9% from the December 31st total of 2,030,000 shares. Based on an average trading volume of 119,200 shares, the days-to-cover ratio is presently 15.7 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 institutional and retail investors. Top institutional shareholders include California Public Employees Retirement System (0.22%), State of Alaska Department of Revenue (0.08%), Arizona State Retirement System (0.07%), 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 Arizona State Retirement System, California Public Employees Retirement System, 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 SG Americas Securities LLC, Toth Financial Advisory Corp and 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 $38.68.

Matthews International has a market capitalization of $1.21 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.