S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
How does the Consumer Price Index affect the stock market?
3 biotech powerhouses poised to thrive amid sector rebound
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Broadcom falls into a buy-the-dip opportunity 
A 'soft landing' or a recession? How each one might affect America's households and businesses
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Carrier Global, Marathon Oil rise; RH, Newmont fall, Friday, 12/8/2023
Closing prices for crude oil, gold and other commodities
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
How does the Consumer Price Index affect the stock market?
3 biotech powerhouses poised to thrive amid sector rebound
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Broadcom falls into a buy-the-dip opportunity 
A 'soft landing' or a recession? How each one might affect America's households and businesses
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Carrier Global, Marathon Oil rise; RH, Newmont fall, Friday, 12/8/2023
Closing prices for crude oil, gold and other commodities
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
How does the Consumer Price Index affect the stock market?
3 biotech powerhouses poised to thrive amid sector rebound
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Broadcom falls into a buy-the-dip opportunity 
A 'soft landing' or a recession? How each one might affect America's households and businesses
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Carrier Global, Marathon Oil rise; RH, Newmont fall, Friday, 12/8/2023
Closing prices for crude oil, gold and other commodities
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
How does the Consumer Price Index affect the stock market?
3 biotech powerhouses poised to thrive amid sector rebound
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Broadcom falls into a buy-the-dip opportunity 
A 'soft landing' or a recession? How each one might affect America's households and businesses
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Carrier Global, Marathon Oil rise; RH, Newmont fall, Friday, 12/8/2023
Closing prices for crude oil, gold and other commodities

Matson Stock Price, News & Analysis (NYSE:MATX)

$98.96
+1.59 (+1.63%)
(As of 12/8/2023 ET)
Compare
Today's Range
$97.44
$99.73
50-Day Range
$85.31
$99.42
52-Week Range
$56.51
$99.73
Volume
249,411 shs
Average Volume
192,926 shs
Market Capitalization
$3.48 billion
P/E Ratio
11.37
Dividend Yield
1.29%
Price Target
$109.33

Matson MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
10.6% Upside
$109.33 Price Target
Short Interest
Bearish
3.22% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.94
Upright™ Environmental Score
News Sentiment
0.28mentions of Matson in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$1.17 M Sold Last Quarter
Proj. Earnings Growth
-5.58%
From $7.89 to $7.45 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.16 out of 5 stars

Transportation Sector

60th out of 119 stocks

Water Transportation Industry

12th out of 19 stocks


MATX stock logo

About Matson Stock (NYSE:MATX)

Matson, Inc., together with its subsidiaries, 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, foods and 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, the company offers vessel management and container transshipment services. Its 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. The company 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

What Makes Matson (MATX) a Good Investment?
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology
Autonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology
Autonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Matson wins third term as Davenport mayor
Matson, Inc. (NYSE:MATX) Q3 2023 Earnings Call Transcript
Q3 2023 Matson Inc Earnings Call
MATSON, INC. ANNOUNCES THIRD QUARTER 2023 RESULTS
Matson earnings preview: what Wall Street is expecting
Matson Q3 2023 Earnings Preview
A Preview Of Matson's Earnings
Matson declares $0.32 dividend
MATSON ANNOUNCES QUARTERLY DIVIDEND of $0.32 PER SHARE
See More Headlines
Receive MATX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Matson and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
10/30/2023
Ex-Dividend for 12/7 Dividend
11/08/2023
Dividend Payable
12/07/2023
Today
12/09/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/20/2024

Industry, Sector and Symbol

Industry
Water transportation
Sub-Industry
Marine
CUSIP
57686G10
CIK
3453
Employees
4,288
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$109.33
High Stock Price Target
$116.00
Low Stock Price Target
$102.00
Potential Upside/Downside
+10.6%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$1.06 billion
Pretax Margin
12.44%

Debt

Sales & Book Value

Annual Sales
$3.11 billion
Cash Flow
$36.22 per share
Book Value
$60.80 per share

Miscellaneous

Free Float
34,479,000
Market Cap
$3.48 billion
Optionable
Optionable
Beta
1.17
20 Stocks to Sell Now Cover

MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.

Get This Free Report














MATX Stock Analysis - Frequently Asked Questions

Should I buy or sell Matson stock right now?

3 Wall Street equities research 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. The consensus among Wall Street equities research analysts is that investors should "hold" MATX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MATX, but not buy additional shares or sell existing shares.
View MATX analyst ratings
or view top-rated stocks.

What is Matson's stock price target for 2024?

3 Wall Street analysts have issued 12 month price targets for Matson's stock. Their MATX share price targets range from $102.00 to $116.00. On average, they predict the company's stock price to reach $109.33 in the next twelve months. This suggests a possible upside of 10.6% from the stock's current price.
View analysts price targets for MATX
or view top-rated stocks among Wall Street analysts.

How have MATX shares performed in 2023?

Matson's stock was trading at $62.51 on January 1st, 2023. Since then, MATX shares have increased by 58.2% and is now trading at $98.89.
View the best growth stocks for 2023 here
.

Are investors shorting Matson?

Matson saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 1,100,000 shares, an increase of 32.9% from the October 31st total of 827,700 shares. Based on an average trading volume of 183,800 shares, the days-to-cover ratio is presently 6.0 days. Currently, 3.2% of the shares of the company are short sold.
View Matson's Short Interest
.

When is Matson's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 20th 2024.
View our MATX earnings forecast
.

How were Matson's earnings last quarter?

Matson, Inc. (NYSE:MATX) released its earnings results on Monday, October, 30th. The shipping company reported $3.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.36 by $0.04. The shipping company earned $827.50 million during the quarter, compared to the consensus estimate of $798.86 million. Matson had a net margin of 10.06% and a trailing twelve-month return on equity of 13.53%. Matson's revenue for the quarter was down 25.8% on a year-over-year basis. During the same period in the prior year, the business earned $6.89 EPS.

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

Matson declared a quarterly dividend on Thursday, October 26th. Stockholders of record on Thursday, November 9th will be paid a dividend of $0.32 per share on Thursday, December 7th. This represents a $1.28 annualized dividend and a dividend yield of 1.29%. The ex-dividend date of this dividend is Wednesday, November 8th.
Read our dividend analysis for MATX
.

Is Matson a good dividend stock?

Matson (NYSE:MATX) pays an annual dividend of $1.28 per share and currently has a dividend yield of 1.31%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 14.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MATX will have a dividend payout ratio of 17.18% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MATX.

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

Matson issued an update on its third quarter 2023 earnings guidance on Monday, October, 23rd. The company provided earnings per share (EPS) guidance of $3.23-$3.41 for the period, compared to the consensus earnings per share estimate of $2.69. The company issued revenue guidance of -.

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.

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).

Who are Matson's major shareholders?

Matson's stock is owned by a variety of retail and institutional investors. Top institutional investors include Fuller & Thaler Asset Management Inc. (3.69%), American Century Companies Inc. (1.86%), Bank of New York Mellon Corp (1.39%), Northern Trust Corp (1.30%), Morgan Stanley (1.05%) and Charles Schwab Investment Management Inc. (1.02%). Insiders that own company stock include Branton B Dreyfus, Christopher A Scott, Grace M Cerocke, Jason Lee Taylor, Jenai S Wall, Jenai S Wall, John P Lauer, Kevin L Stuck, Kuuhaku T Park, Laura L Rascon, Mark H Fukunaga, Matthew J Cox, Matthew J Cox, Peter T Heilmann, Richard S Kinney, Ronald J Forest, Ronald J Forest, Rusty K Rolfe, Thomas B Fargo and Vic S Angoco Jr.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:MATX) was last updated on 12/9/2023 by MarketBeat.com Staff

My Account -