NYSE:MATX

Matson Stock Forecast, Price & News

$81.89
+0.78 (+0.96 %)
(As of 09/23/2021 09:55 AM ET)
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Today's Range
$81.73
$82.13
50-Day Range
$64.09
$86.64
52-Week Range
$36.78
$87.99
Volume3 shs
Average Volume296,215 shs
Market Capitalization$3.56 billion
P/E Ratio8.81
Dividend Yield1.49%
Beta0.98
30 days | 90 days | 365 days | Advanced Chart
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About Matson

Matson, Inc. is a holding company, which engages in the provision of logistics and transportation services. It operates through the Ocean Transportation and Logistics segments. The Ocean Transportation segment offers ocean freight transportation, container stevedoring, refrigerated cargo services, inland transportation, and other terminal services. The Logistics segment includes domestic and international rail intermodal services, regional highway brokerage, specialized hauling, expedited freight operations, supply chain management, storage, and distribution services. The company was founded in 1882 by William Matson and is headquartered in Honolulu, HI.

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Sales & Book Value

Profitability

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MarketRank

Overall MarketRank

2.69 out of 5 stars

Transportation Sector

27th out of 172 stocks

Water Transportation Industry

2nd out of 25 stocks

Analyst Opinion: 1.3Community Rank: 4.3Dividend Strength: 3.3Insider Behavior: 3.3Valuation: 1.3 5 -4 -3 -2 -1 -
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Matson (NYSE:MATX) Frequently Asked Questions

Is Matson a buy right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Matson in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Matson stock.
View analyst ratings for Matson
or view top-rated stocks.

What stocks does MarketBeat like better than Matson?

Wall Street analysts have given Matson a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Matson wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Matson's next earnings date?

Matson is scheduled to release its next quarterly earnings announcement on Monday, November 1st 2021.
View our earnings forecast for Matson
.

How were Matson's earnings last quarter?

Matson, Inc. (NYSE:MATX) announced its quarterly earnings results on Thursday, July, 29th. The shipping company reported $3.71 earnings per share for the quarter, topping the Zacks' consensus estimate of $2.96 by $0.75. The shipping company had revenue of $874.90 million for the quarter, compared to analysts' expectations of $856.54 million. Matson had a trailing twelve-month return on equity of 40.07% and a net margin of 13.85%.
View Matson's earnings history
.

How has Matson's stock been impacted by COVID-19 (Coronavirus)?

Matson's stock was trading at $29.94 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, MATX stock has increased by 170.9% and is now trading at $81.11.
View which stocks have been most impacted by COVID-19
.

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

Matson declared a quarterly dividend on Thursday, June 24th. Shareholders of record on Thursday, August 5th will be given a dividend of $0.30 per share on Thursday, September 2nd. This represents a $1.20 dividend on an annualized basis and a yield of 1.48%. The ex-dividend date is Wednesday, August 4th. This is a positive change from Matson's previous quarterly dividend of $0.23.
View Matson's dividend history
.

Is Matson a good dividend stock?

Matson pays an annual dividend of $1.20 per share and currently has a dividend yield of 1.49%. Matson has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Matson is 27.03%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Matson will have a dividend payout ratio of 16.19% next year. This indicates that Matson will be able to sustain or increase its dividend.
View Matson's dividend history.

What guidance has Matson issued on next quarter's earnings?

Matson issued an update on its second quarter 2021 earnings guidance on Thursday, July, 29th. The company provided EPS guidance of $3.580-$3.730 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.230. The company issued revenue guidance of -.

What price target have analysts set for MATX?

2 Wall Street analysts have issued 12 month price objectives for Matson's shares. Their forecasts range from $60.00 to $70.00. On average, they anticipate Matson's stock price to reach $65.00 in the next twelve months. This suggests that the stock has a possible downside of 19.9%.
View analysts' price targets for Matson
or view top-rated stocks among Wall Street analysts.

Who are Matson's key executives?

Matson's management team includes the following people:
  • Matthew J. Cox, Chairman & Chief Executive Officer
  • Ronald J. Forest, President
  • Joel M. Wine, Chief Financial Officer & Senior Vice President
  • Peter T. Heilmann, Chief Administrative Officer & Executive VP
  • John P. Lauer, Chief Commercial Officer & Senior Vice President

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

26 employees have rated Matson CEO Matt Cox on Glassdoor.com. Matt Cox has an approval rating of 89% among Matson's employees.

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 Tankers (NAT), Verizon Communications (VZ), Energy Transfer (ET), Gilead Sciences (GILD), Precigen (PGEN), Cisco Systems (CSCO), Corning (GLW), Pfizer (PFE), Exxon Mobil (XOM) and AbbVie (ABBV).

What is Matson's stock symbol?

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

Who are Matson's major shareholders?

Matson's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (17.13%), Vanguard Group Inc. (10.36%), ArrowMark Colorado Holdings LLC (9.95%), Price T Rowe Associates Inc. MD (5.79%), Fuller & Thaler Asset Management Inc. (5.08%) and Dimensional Fund Advisors LP (4.84%). Company insiders that own Matson stock include Branton B Dreyfus, Jenai S Wall, Kevin L Stuck, Laura L Rascon, Mark H Fukunaga, Matthew J Cox, Matthew J Cox, Peter T Heilmann, Richard S Kinney, Ronald J Forest, Rusty K Rolfe, Vic S Angoco Jr and W Blake Baird.
View institutional ownership trends for Matson
.

Which major investors are selling Matson stock?

MATX stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Dimensional Fund Advisors LP, BlackRock Inc., Prudential Financial Inc., Renaissance Technologies LLC, Cubist Systematic Strategies LLC, State Board of Administration of Florida Retirement System, and Legal & General Group Plc. Company insiders that have sold Matson company stock in the last year include Branton B Dreyfus, Kevin L Stuck, Laura L Rascon, Matthew J Cox, Richard S Kinney, Ronald J Forest, Rusty K Rolfe, and Vic S Angoco Jr.
View insider buying and selling activity for Matson
or view top insider-selling stocks.

Which major investors are buying Matson stock?

MATX stock was purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Fuller & Thaler Asset Management Inc., Brandywine Global Investment Management LLC, Marshall Wace North America L.P., Millennium Management LLC, Invesco Ltd., Lazard Asset Management LLC, and Allianz Asset Management GmbH. Company insiders that have bought Matson stock in the last two years include Jenai S Wall, and Mark H Fukunaga.
View insider buying and selling activity for Matson
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Matson's stock price today?

One share of MATX stock can currently be purchased for approximately $81.11.

How much money does Matson make?

Matson has a market capitalization of $3.53 billion and generates $2.38 billion in revenue each year. The shipping company earns $193.10 million in net income (profit) each year or $4.44 on an earnings per share basis.

How many employees does Matson have?

Matson employs 4,149 workers across the globe.

What is Matson's official website?

The official website for Matson is www.matson.com.

Where are Matson's headquarters?

Matson is headquartered at 1411 SAND ISLAND PARKWAY, HONOLULU HI, 96819.

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].


This page was last updated on 9/23/2021 by MarketBeat.com Staff
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