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S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
MarketBeat Week in Review – 6/4 - 6/9
Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I. (Ad)
How major US stock indexes fared Friday 6/9/2023
FuelCell Is Back To Realistic Valuation
Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I. (Ad)
New Mexico reaches $500M settlement with Walgreens in opioid case
With GM and Ford embracing Tesla's EV charging technology, here's what it means for consumers
Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I. (Ad)
Nigeria's central bank chief arrested after being suspended by president
Closing prices for crude oil, gold and other commodities
S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
MarketBeat Week in Review – 6/4 - 6/9
Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I. (Ad)
How major US stock indexes fared Friday 6/9/2023
FuelCell Is Back To Realistic Valuation
Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I. (Ad)
New Mexico reaches $500M settlement with Walgreens in opioid case
With GM and Ford embracing Tesla's EV charging technology, here's what it means for consumers
Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I. (Ad)
Nigeria's central bank chief arrested after being suspended by president
Closing prices for crude oil, gold and other commodities
S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
MarketBeat Week in Review – 6/4 - 6/9
Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I. (Ad)
How major US stock indexes fared Friday 6/9/2023
FuelCell Is Back To Realistic Valuation
Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I. (Ad)
New Mexico reaches $500M settlement with Walgreens in opioid case
With GM and Ford embracing Tesla's EV charging technology, here's what it means for consumers
Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I. (Ad)
Nigeria's central bank chief arrested after being suspended by president
Closing prices for crude oil, gold and other commodities
NYSE:MATX

Matson (MATX) Stock Forecast, Price & News

$75.31
-0.96 (-1.26%)
(As of 06/9/2023 ET)
Compare
Today's Range
$74.94
$76.45
50-Day Range
$56.83
$76.27
52-Week Range
$56.51
$92.10
Volume
169,312 shs
Average Volume
249,141 shs
Market Capitalization
$2.70 billion
P/E Ratio
3.88
Dividend Yield
1.65%
Price Target
$73.33

Matson MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
2.6% Downside
$73.33 Price Target
Short Interest
Healthy
3.24% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.80
Upright™ Environmental Score
News Sentiment
-0.11mentions of Matson in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$2.36 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

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

1.93 out of 5 stars

Transportation Sector

91st out of 120 stocks

Water Transportation Industry

13th out of 19 stocks


MATX stock logo

About Matson (NYSE:MATX) Stock

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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MATX Stock News Headlines

Matson donates services for Guam relief
The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
Matson Shareholders: There IS An Alternative
The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
Matson, Inc. (NYSE:MATX) Plans $0.31 Quarterly Dividend
Matson (MATX) Q1 Earnings Beat Estimates
Matson Boosts & Extends Share Repurchase Program
Matson (NYSE:MATX) Trading Down 5.3% on Analyst Downgrade
Matson (NYSE:MATX) Releases Q1 Earnings Guidance
Matson (NYSE:MATX) Sees Unusually-High Trading Volume
Matson Full Year 2022 Earnings: In Line With Expectations
Matson (MATX) Q4 Earnings Surpass Estimates
See More Headlines

MATX Price History

MATX Company Calendar

Last Earnings
5/04/2023
Ex-Dividend for 6/1 Dividend
5/10/2023
Dividend Payable
6/01/2023
Today
6/10/2023
Next Earnings (Estimated)
8/07/2023
Fiscal Year End
12/31/2023

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 Forecast
$73.33
High Stock Price Forecast
$80.00
Low Stock Price Forecast
$70.00
Forecasted Upside/Downside
-2.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$1.06 billion
Pretax Margin
24.90%

Debt

Sales & Book Value

Annual Sales
$4.34 billion
Cash Flow
$35.52 per share
Book Value
$60.80 per share

Miscellaneous

Free Float
35,176,000
Market Cap
$2.70 billion
Optionable
Optionable
Beta
1.15

Key Executives

  • Matthew J. CoxMatthew J. Cox
    Chairman & Chief Executive Officer
  • Joel M. Wine
    Chief Financial Officer & Senior Vice President
  • Peter T. HeilmannPeter T. Heilmann
    Chief Administrative Officer & Executive VP
  • John P. LauerJohn P. Lauer
    Chief Commercial Officer & Senior Vice President
  • Kevin L. Stuck
    Vice President & Controller













MATX Stock - 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 twelve months. There are currently 3 hold ratings 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 forecast for 2023?

3 Wall Street analysts have issued 1 year target prices for Matson's stock. Their MATX share price forecasts range from $70.00 to $80.00. On average, they anticipate the company's stock price to reach $73.33 in the next year. This suggests that the stock has a possible downside of 2.6%.
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 20.5% and is now trading at $75.31.
View the best growth stocks for 2023 here
.

Are investors shorting Matson?

Matson saw a decline in short interest in April. As of April 30th, there was short interest totaling 1,010,000 shares, a decline of 10.6% from the April 15th total of 1,130,000 shares. Based on an average daily volume of 314,800 shares, the short-interest ratio is currently 3.2 days. Approximately 2.9% of the company's stock are sold short.
View Matson's Short Interest
.

When is Matson's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 7th 2023.
View our MATX earnings forecast
.

How were Matson's earnings last quarter?

Matson, Inc. (NYSE:MATX) announced its earnings results on Thursday, May, 4th. The shipping company reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.05. The shipping company earned $704.80 million during the quarter, compared to analysts' expectations of $704.34 million. Matson had a net margin of 19.54% and a trailing twelve-month return on equity of 33.72%. The business's revenue was down 39.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $8.23 earnings per share.

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

Matson declared a quarterly dividend on Thursday, April 27th. Shareholders of record on Thursday, May 11th will be given a dividend of $0.31 per share on Thursday, June 1st. This represents a $1.24 dividend on an annualized basis and a yield of 1.65%. The ex-dividend date is Wednesday, May 10th.
Read our dividend analysis for MATX
.

Is Matson a good dividend stock?

Matson (NYSE:MATX) pays an annual dividend of $1.24 per share and currently has a dividend yield of 1.63%. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 6.39%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MATX will have a dividend payout ratio of 28.38% 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 updated its first quarter 2023 earnings guidance on Wednesday, April, 19th. The company provided earnings per share guidance of $0.81-$0.93 for the period, compared to the consensus estimate of $0.76. 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).

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 shareholders include BlackRock Inc. (17.88%), Dimensional Fund Advisors LP (7.06%), ArrowMark Colorado Holdings LLC (5.18%), State Street Corp (3.81%), Geode Capital Management LLC (2.00%) and Pacer Advisors Inc. (1.79%). 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, 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.

What is Matson's stock price today?

One share of MATX stock can currently be purchased for approximately $75.31.

How much money does Matson make?

Matson (NYSE:MATX) has a market capitalization of $2.70 billion and generates $4.34 billion in revenue each year. The shipping company earns $1.06 billion in net income (profit) each year or $19.42 on an earnings per share basis.

How many employees does Matson have?

The company employs 4,288 workers across the globe.

How can I contact Matson?

Matson's mailing address is 1411 SAND ISLAND PARKWAY, HONOLULU HI, 96819. The official website for the company is www.matson.com. The shipping company can be reached via phone at (808) 848-1211, via email at investor-relations@matson.com, or via fax at 510-628-7380.

This page (NYSE:MATX) was last updated on 6/10/2023 by MarketBeat.com Staff

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