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NYSE:MATX

Matson (MATX) Stock Price, News & Analysis

$130.41
+2.51 (+1.96%)
(As of 07/26/2024 ET)
Today's Range
$127.15
$130.58
50-Day Range
$115.21
$132.87
52-Week Range
$82.68
$133.88
Volume
292,351 shs
Average Volume
267,495 shs
Market Capitalization
$4.56 billion
P/E Ratio
15.38
Dividend Yield
0.98%
Price Target
$120.67

Matson MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
7.5% Downside
$120.67 Price Target
Short Interest
Healthy
1.94% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.77
Upright™ Environmental Score
News Sentiment
0.64mentions of Matson in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$8.45 M Sold Last Quarter
Proj. Earnings Growth
-11.78%
From $10.10 to $8.91 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.19 out of 5 stars

Transportation Sector

28th out of 120 stocks

Water Transportation Industry

6th out of 17 stocks

MATX stock logo

About Matson Stock (NYSE:MATX)

Matson, Inc., together with its subsidiaries, engages in the provision of ocean transportation and logistics services. It operates through two segments, Ocean Transportation and Logistics. The Ocean Transportation segment offers ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Japan, Alaska, and Guam, as well as to other island economies in Micronesia. It primarily transports dry containers of mixed commodities, refrigerated commodities, food products, beverages, building materials, automobiles, and household goods; livestock; seafood; general sustenance cargo; and garments, footwear, e-commerce, and other retail merchandise. This segment also operates an expedited service from China to Long Beach, California, and various islands in the South Pacific, as well as Okinawa, Japan; and provides stevedoring, refrigerated cargo services, inland transportation, container equipment maintenance, and other terminal services to ocean carriers on the Hawaiian islands of Oahu, Hawaii, Maui, and Kauai, as well as in the Alaska locations of Anchorage, Kodiak, and Dutch Harbor. In addition, it offers vessel management and container transshipment services. The Logistics segment provides multimodal transportation brokerage services, including domestic and international rail intermodal, long-haul and regional highway trucking, specialized hauling, flat-bed and project, less-than-truckload, and expedited freight services; less-than-container load consolidation and freight forwarding services; warehousing and distribution services; supply chain management services, and non-vessel operating common carrier freight forwarding services. It serves the U.S. military, freight forwarders, retailers, consumer goods, automobile manufacturers, and other customers. The company was formerly known as Alexander & Baldwin Holdings, Inc. and changed its name to Matson, Inc. in June 2012. Matson, Inc. was founded in 1882 and is headquartered in Honolulu, Hawaii.

MATX Stock Price History

MATX Stock News Headlines

625,000% Gain
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Matson, Inc. (NYSE:MATX) CFO Sells $1,472,270.60 in Stock
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Matson (NYSE:MATX) Sets New 12-Month High at $133.88
MATSON PUBLISHES 2023 SUSTAINABILITY REPORT
See More Headlines
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Company Calendar

Last Earnings
4/30/2024
Ex-Dividend for 6/6 Dividend
5/08/2024
Dividend Payable
6/06/2024
Today
7/26/2024
Ex-Dividend for 9/5 Dividend
8/01/2024
Next Earnings (Confirmed)
8/01/2024
Dividend Payable
9/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Water transportation
Sub-Industry
Marine
CUSIP
57686G10
CIK
3453
Employees
4,315
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$120.67
High Stock Price Target
$135.00
Low Stock Price Target
$111.00
Potential Upside/Downside
-7.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$297.10 million
Pretax Margin
12.02%

Debt

Sales & Book Value

Annual Sales
$3.09 billion
Cash Flow
$16.89 per share
Book Value
$68.31 per share

Miscellaneous

Free Float
34,125,000
Market Cap
$4.55 billion
Optionable
Optionable
Beta
1.09
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MATX Stock Analysis - Frequently Asked Questions

How have MATX shares performed this year?

Matson's stock was trading at $109.60 at the beginning of 2024. Since then, MATX shares have increased by 19.0% and is now trading at $130.41.
View the best growth stocks for 2024 here
.

How were Matson's earnings last quarter?

Matson, Inc. (NYSE:MATX) announced its earnings results on Tuesday, April, 30th. The shipping company reported $1.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.99 by $0.05. Matson's revenue for the quarter was up 2.5% on a year-over-year basis.

What is Matt Cox's approval rating as Matson's CEO?

26 employees have rated Matson Chief Executive Officer Matt Cox on Glassdoor.com. Matt Cox has an approval rating of 89% among the company's employees.

Who are Matson's major shareholders?

Matson's top institutional shareholders include Bank of New York Mellon Corp (1.04%), Paradiem LLC (0.25%), Artemis Investment Management LLP (0.21%) and Allspring Global Investments Holdings LLC (0.20%). Insiders that own company stock include Matthew J Cox, Joel M Wine, Peter T Heilmann, John P Lauer, Thomas B Fargo, Mark H Fukunaga, Vic S Angoco Jr, Rusty K Rolfe, John Warren Sullivan, Christopher A Scott, Jenai S Wall, Grace M Cerocke, Kuuhaku T Park, Laura L Rascon, Richard S Kinney, Leonard P Isotoff, Kevin L Stuck, Ronald J Forest, Jason Lee Taylor and Branton B Dreyfus.
View institutional ownership trends
.

How do I buy shares of Matson?

Shares of MATX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Matson own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Matson investors own include Nordic American Tankers (NAT), Verizon Communications (VZ), Energy Transfer (ET), Gilead Sciences (GILD), Precigen (PGEN), Cisco Systems (CSCO) and Corning (GLW).

This page (NYSE:MATX) was last updated on 7/26/2024 by MarketBeat.com Staff

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