NYSE:MATX Matson (MATX) Stock Forecast, Price & News $75.31 -0.96 (-1.26%) (As of 06/9/2023 ET) Add Compare Share Share Today's Range$74.94▼$76.4550-Day Range$56.83▼$76.2752-Week Range$56.51▼$92.10Volume169,312 shsAverage Volume249,141 shsMarket Capitalization$2.70 billionP/E Ratio3.88Dividend Yield1.65%Price Target$73.33 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Matson MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside2.6% Downside$73.33 Price TargetShort InterestHealthy3.24% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-4.80Upright™ Environmental ScoreNews Sentiment-0.11Based on 2 Articles This WeekInsider TradingSelling Shares$2.36 M Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details 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 starsTransportation Sector91st out of 120 stocksWater Transportation Industry13th out of 19 stocks 1.0 Analyst's Opinion Consensus RatingMatson has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $73.33, Matson has a forecasted downside of 2.6% from its current price of $75.31.Amount of Analyst CoverageMatson has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.24% of the float of Matson has been sold short.Short Interest Ratio / Days to CoverMatson has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Matson has recently increased by 11.88%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldMatson pays a meaningful dividend of 1.63%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMatson has been increasing its dividend for 10 years.Dividend CoverageThe dividend payout ratio of Matson is 6.39%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Matson will have a dividend payout ratio of 28.38% next year. This indicates that Matson will be able to sustain or increase its dividend. Previous Next 1.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreMatson has received a -15.82% net impact score from Upright. The largest negative impact of Matson in category "GHG emissions" seems to be driven mostly by its "Ship freight transport services", "Less than truckload freight transport services", and "Ship cargo handling services" products. See details.Environmental SustainabilityThe Environmental Impact score for Matson is -4.80. Previous Next 1.6 News and Social Media Coverage News SentimentMatson has a news sentiment score of -0.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Matson this week, compared to 4 articles on an average week.Search Interest2 people have searched for MATX on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Matson to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Matson insiders have sold 2,254.81% more of their company's stock than they have bought. Specifically, they have bought $100,027.00 in company stock and sold $2,355,448.00 in company stock.Percentage Held by InsidersOnly 1.90% of the stock of Matson is held by insiders.Percentage Held by Institutions83.55% of the stock of Matson is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Matson are expected to remain at $4.37 per share in the coming year.Price to Earnings Ratio vs. the MarketThe P/E ratio of Matson is 3.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.03.Price to Earnings Ratio vs. SectorThe P/E ratio of Matson is 3.88, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 22.28.Price to Book Value per Share RatioMatson has a P/B Ratio of 1.24. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Matson (NYSE:MATX) StockMatson, 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.Read More 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. Email Address MATX Stock News HeadlinesJune 3, 2023 | americanbankingnews.comInsider Selling: Matson, Inc. (NYSE:MATX) CEO Sells $698,300.00 in StockMay 30, 2023 | news.yahoo.comMatson donates services for Guam reliefJune 10, 2023 | Behind the Markets (Ad)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.May 20, 2023 | finance.yahoo.comGreat week for Matson, Inc. (NYSE:MATX) institutional investors after losing 15% over the previous yearMay 20, 2023 | americanbankingnews.comInsider Selling: Matson, Inc. (NYSE:MATX) SVP Sells $545,440.00 in StockMay 18, 2023 | benzinga.comSenior Vice President of Matson Makes $545K SaleMay 16, 2023 | msn.comMatson Earnings Perspective: Return On Capital EmployedMay 15, 2023 | seekingalpha.comMatson Shareholders: There IS An AlternativeJune 10, 2023 | Behind the Markets (Ad)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.May 8, 2023 | americanbankingnews.comMatson, Inc. (NYSE:MATX) Plans $0.31 Quarterly DividendMay 5, 2023 | finance.yahoo.comCalculating The Fair Value Of Matson, Inc. (NYSE:MATX)May 5, 2023 | seekingalpha.comMatson, Inc. 2023 Q1 - Results - Earnings Call PresentationMay 4, 2023 | finance.yahoo.comMatson (MATX) Q1 Earnings Beat EstimatesMay 3, 2023 | americanbankingnews.comMatthew J. Cox Sells 10,000 Shares of Matson, Inc. (NYSE:MATX) StockApril 28, 2023 | finance.yahoo.comMatson Boosts & Extends Share Repurchase ProgramApril 27, 2023 | finance.yahoo.comMATSON ANNOUNCES ADDITION OF 3 MILLION SHARES TO EXISTING SHARE REPURCHASE PROGRAM AND QUARTERLY DIVIDEND OF $0.31 PER SHAREApril 27, 2023 | finance.yahoo.comEarnings Preview: Matson (MATX) Q1 Earnings Expected to DeclineApril 23, 2023 | americanbankingnews.comMatson (NYSE:MATX) Price Target Cut to $70.00 by Analysts at Stifel NicolausApril 23, 2023 | americanbankingnews.comMatson (NYSE:MATX) Trading Down 5.3% on Analyst DowngradeApril 22, 2023 | americanbankingnews.comMatson (NYSE:MATX) Releases Q1 Earnings GuidanceApril 22, 2023 | americanbankingnews.comMatson (NYSE:MATX) Sees Unusually-High Trading VolumeApril 19, 2023 | finance.yahoo.comMATSON ANNOUNCES PRELIMINARY 1Q23 RESULTS, PROVIDES BUSINESS UPDATE AND ANNOUNCES 1Q23 EARNINGS CALL DATEApril 2, 2023 | americanbankingnews.comInsider Selling: Matson, Inc. (NYSE:MATX) CEO Sells $373,517.83 in StockMarch 22, 2023 | finance.yahoo.comCould The Market Be Wrong About Matson, Inc. (NYSE:MATX) Given Its Attractive Financial Prospects?February 23, 2023 | finance.yahoo.comMatson Full Year 2022 Earnings: In Line With ExpectationsFebruary 22, 2023 | finance.yahoo.comMatson (MATX) Q4 Earnings Surpass EstimatesFebruary 21, 2023 | finance.yahoo.comMATSON, INC. ANNOUNCES FOURTH QUARTER AND FULL YEAR 2022 RESULTSSee More Headlines MATX Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MATX Company Calendar Last Earnings5/04/2023Ex-Dividend for 6/1 Dividend5/10/2023Dividend Payable6/01/2023Today6/10/2023Next Earnings (Estimated)8/07/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Water transportation Sub-IndustryMarine SectorTransportation Current SymbolNYSE:MATX CUSIP57686G10 CIK3453 Webwww.matson.com Phone(808) 848-1211Fax510-628-7380Employees4,288Year FoundedN/APrice 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 RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$19.42 Trailing P/E Ratio3.88 Forward P/E Ratio17.23 P/E GrowthN/ANet Income$1.06 billion Net Margins19.54% Pretax Margin24.90% Return on Equity33.72% Return on Assets17.67% Debt Debt-to-Equity Ratio0.18 Current Ratio1.06 Quick Ratio1.06 Sales & Book Value Annual Sales$4.34 billion Price / Sales0.62 Cash Flow$35.52 per share Price / Cash Flow2.12 Book Value$60.80 per share Price / Book1.24Miscellaneous Outstanding Shares35,860,000Free Float35,176,000Market Cap$2.70 billion OptionableOptionable Beta1.15 Key ExecutivesMatthew J. CoxChairman & Chief Executive OfficerJoel M. WineChief Financial Officer & Senior Vice PresidentPeter T. HeilmannChief Administrative Officer & Executive VPJohn P. LauerChief Commercial Officer & Senior Vice PresidentKevin L. StuckVice President & ControllerKey CompetitorsKirbyNYSE:KEXGolar LNGNASDAQ:GLNGInternational SeawaysNYSE:INSWGolden Ocean GroupNASDAQ:GOGLTeekay TankersNYSE:TNKView All CompetitorsInsiders & InstitutionsRichard S KinneySold 1,028 sharesTotal: $78,590.60 ($76.45/share)Matthew J CoxSold 10,000 sharesTotal: $698,300.00 ($69.83/share)ProShare Advisors LLCSold 307 shares on 5/26/2023Ownership: 0.016%Toroso Investments LLCBought 6,355 shares on 5/23/2023Ownership: 0.044%Royce & Associates LPSold 5,525 shares on 5/23/2023Ownership: 0.023%View All Insider TransactionsView All Institutional Transactions 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. What ETFs hold Matson's stock? ETFs with the largest weight of Matson (NYSE:MATX) stock in their portfolio include U.S. Global Sea to Sky Cargo ETF (SEA), SPDR S&P Transportation ETF (XTN), Pacer US Small Cap Cash Cows 100 ETF (CALF), SonicShares Global Shipping ETF (BOAT), Invesco S&P SmallCap Quality ETF (XSHQ), Invesco S&P SmallCap Industrials ETF (PSCI), Invesco S&P SmallCap Value with Momentum ETF (XSVM) and Invesco S&P SmallCap 600 Pure Growth ETF (RZG). 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Matson, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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