NYSE:MATX - Matson Stock Price, News, & Analysis

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$36.76 +0.32 (+0.88 %)
(As of 05/26/2019 04:00 PM ET)
Previous Close$36.76
Today's Range$36.48 - $36.91
52-Week Range$30.60 - $41.96
Volume70,387 shs
Average Volume156,984 shs
Market Capitalization$1.57 billion
P/E Ratio14.53
Dividend Yield2.14%
Beta1.5
Matson, Inc. provides ocean transportation and logistics services. The company's Ocean Transportation segment offers ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, and Guam, as well as to other island economies in Micronesia. It primarily transports dry containers of mixed commodities, refrigerated commodities, packaged foods and beverages, building materials, automobiles, and household goods; livestock; seafood; general sustenance cargo; and garments, footwear, 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 container stevedoring, refrigerated cargo services, inland transportation, container equipment maintenance, and other terminal services 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 ship management 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 forwarding services; warehousing and distribution services; and supply chain management services. 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.

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Industry, Sector and Symbol

Industry Water transportation
Sub-IndustryMarine
SectorTransportation
CUSIP57686G10
CIK3453
Phone808-848-1211

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.22 billion
Cash Flow$4.4666 per share
Book Value$17.82 per share

Profitability

Net Income$109 million

Miscellaneous

Employees2,007
Market Cap$1.57 billion
Next Earnings Date7/30/2019 (Estimated)
OptionableOptionable

Matson (NYSE:MATX) Frequently Asked Questions

What is Matson's stock symbol?

Matson trades on the New York Stock Exchange (NYSE) under the ticker symbol "MATX."

How often does Matson pay dividends? What is the dividend yield for Matson?

Matson declared a quarterly dividend on Thursday, April 25th. Stockholders of record on Thursday, May 9th will be paid a dividend of $0.21 per share on Thursday, June 6th. This represents a $0.84 annualized dividend and a dividend yield of 2.29%. The ex-dividend date of this dividend is Wednesday, May 8th. View Matson's Dividend History.

How were Matson's earnings last quarter?

Matson Inc (NYSE:MATX) issued its earnings results on Wednesday, May, 8th. The shipping company reported $0.29 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.25 by $0.04. The shipping company earned $532.40 million during the quarter, compared to analyst estimates of $522.89 million. Matson had a net margin of 4.78% and a return on equity of 14.49%. The business's revenue for the quarter was up 4.1% on a year-over-year basis. During the same period last year, the business posted $0.33 EPS. View Matson's Earnings History.

When is Matson's next earnings date?

Matson is scheduled to release their next quarterly earnings announcement on Tuesday, July 30th 2019. View Earnings Estimates for Matson.

What price target have analysts set for MATX?

3 Wall Street analysts have issued 1-year price targets for Matson's stock. Their predictions range from $35.00 to $44.00. On average, they anticipate Matson's share price to reach $38.6667 in the next twelve months. This suggests a possible upside of 5.2% from the stock's current price. View Analyst Price Targets for Matson.

What is the consensus analysts' recommendation for Matson?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Matson in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Matson.

Has Matson been receiving favorable news coverage?

Media stories about MATX stock have trended somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Matson earned a media sentiment score of -1.8 on InfoTrie's scale. They also assigned news articles about the shipping company a news buzz of 9.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next few days.

Who are some of Matson's key competitors?

What other stocks do shareholders of Matson own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Matson investors own include Nordic American Tanker (NAT), Intrexon (XON), Verizon Communications (VZ), Home Depot (HD), Southwest Airlines (LUV), UnitedHealth Group (UNH), Exxon Mobil (XOM), Cisco Systems (CSCO), Intel (INTC) and Walgreens Boots Alliance (WBA).

Who are Matson's key executives?

Matson's management team includes the folowing people:
  • Mr. Matthew J. Cox, Chairman & CEO (Age 58)
  • Mr. Ronald J. Forest, Pres (Age 63)
  • Mr. Joel M. Wine, Sr. VP, CFO & Treasurer (Age 47)
  • Mr. Peter T. Heilmann, Sr. VP, Chief Admin. Officer & Gen. Counsel (Age 50)
  • Mr. John P. Lauer, Sr. VP & Chief Commercial Officer (Age 58)

Who are Matson's major shareholders?

Matson's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.97%), Dimensional Fund Advisors LP (6.09%), Hotchkis & Wiley Capital Management LLC (5.36%), Hotchkis & Wiley Capital Management LLC (5.36%), ArrowMark Colorado Holdings LLC (5.21%) and Northern Trust Corp (1.38%). Company insiders that own Matson stock include Constance H Lau, Jeffrey N Watanabe, Joel M Wine, Mark H Fukunaga, Matthew J Cox, Michael J Chun, Peter T Heilmann, Ronald J Forest, Thomas B Fargo, Vic S Angoco Jr and W Blake Baird. View Institutional Ownership Trends for Matson.

Which institutional investors are selling Matson stock?

MATX stock was sold by a variety of institutional investors in the last quarter, including Charles Schwab Investment Management Inc., Bank of Montreal Can, Morgan Stanley, Alps Advisors Inc., Pinebridge Investments L.P., Dimensional Fund Advisors LP, Wells Fargo & Company MN and BlackRock Inc.. Company insiders that have sold Matson company stock in the last year include Michael J Chun, Peter T Heilmann, Ronald J Forest and W Blake Baird. View Insider Buying and Selling for Matson.

Which institutional investors are buying Matson stock?

MATX stock was bought by a variety of institutional investors in the last quarter, including ArrowMark Colorado Holdings LLC, Hotchkis & Wiley Capital Management LLC, Hotchkis & Wiley Capital Management LLC, Geode Capital Management LLC, Parametric Portfolio Associates LLC, William Blair Investment Management LLC, Dupont Capital Management Corp and Virginia Retirement Systems ET AL. Company insiders that have bought Matson stock in the last two years include Constance H Lau, Jeffrey N Watanabe, Joel M Wine, Mark H Fukunaga and Thomas B Fargo. View Insider Buying and Selling for Matson.

How do I buy shares of Matson?

Shares of MATX 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, Scottrade, Fidelity and Charles Schwab.

What is Matson's stock price today?

One share of MATX stock can currently be purchased for approximately $36.76.

How big of a company is Matson?

Matson has a market capitalization of $1.57 billion and generates $2.22 billion in revenue each year. The shipping company earns $109 million in net income (profit) each year or $2.53 on an earnings per share basis. Matson employs 2,007 workers across the globe.

What is Matson's official website?

The official website for Matson is http://www.matson.com/.

How can I contact Matson?

Matson's mailing address is 1411 SAND ISLAND PARKWAY, HONOLULU HI, 96819. The shipping company can be reached via phone at 808-848-1211 or via email at [email protected]


MarketBeat Community Rating for Matson (NYSE MATX)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  208 (Vote Outperform)
Underperform Votes:  228 (Vote Underperform)
Total Votes:  436
MarketBeat's community ratings are surveys of what our community members think about Matson and other stocks. Vote "Outperform" if you believe MATX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MATX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/26/2019 by MarketBeat.com Staff

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