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

$36.59
+0.06 (+0.16 %)
(As of 11/17/2019 04:00 PM ET)
Today's Range
$36.55
Now: $36.59
$37.12
50-Day Range
$34.80
MA: $37.80
$40.29
52-Week Range
$30.60
Now: $36.59
$42.15
Volume77,816 shs
Average Volume148,993 shs
Market Capitalization$1.57 billion
P/E Ratio14.46
Dividend Yield2.41%
Beta1.59
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. Read More…

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$4.77 per share
Book Value$18.61 per share

Profitability

Net Income$109 million

Miscellaneous

Employees2,007
Market Cap$1.57 billion
Next Earnings Date2/20/2020 (Estimated)
OptionableOptionable

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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 Friday, October 25th. Shareholders of record on Thursday, November 7th will be paid a dividend of $0.22 per share on Thursday, December 5th. This represents a $0.88 annualized dividend and a yield of 2.41%. The ex-dividend date is Wednesday, November 6th. View Matson's Dividend History.

How were Matson's earnings last quarter?

Matson Inc (NYSE:MATX) posted its earnings results on Thursday, November, 7th. The shipping company reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.01. The shipping company had revenue of $572.10 million for the quarter, compared to the consensus estimate of $574.44 million. Matson had a net margin of 3.94% and a return on equity of 11.39%. The firm's revenue was down 2.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.97 earnings per share. View Matson's Earnings History.

When is Matson's next earnings date?

Matson is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Matson.

What price target have analysts set for MATX?

2 brokers have issued 12-month price targets for Matson's stock. Their forecasts range from $37.00 to $44.00. On average, they expect Matson's share price to reach $40.50 in the next year. This suggests a possible upside of 10.7% from the stock's current price. View Analyst Price Targets for Matson.

What is the consensus analysts' recommendation for Matson?

2 Wall Street 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, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Matson.

Has Matson been receiving favorable news coverage?

News headlines about MATX stock have been trending very negative this week, InfoTrie reports. The research firm scores the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Matson earned a coverage optimism score of -3.0 on InfoTrie's scale. They also assigned media coverage about the shipping company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Matson.

Are investors shorting Matson?

Matson saw a decrease in short interest during the month of October. As of October 31st, there was short interest totalling 614,800 shares, a decrease of 18.7% from the September 30th total of 756,500 shares. Based on an average daily volume of 155,900 shares, the days-to-cover ratio is presently 3.9 days. Approximately 1.5% of the company's stock are sold short. View Matson's Current Options Chain.

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 Netflix (NFLX).

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 number of of institutional and retail investors. Top institutional shareholders include Seven Post Investment Office LP (0.41%), Rhumbline Advisers (0.32%), California Public Employees Retirement System (0.20%), First Hawaiian Bank (0.18%), WBI Investments Inc. (0.17%) and Mackay Shields LLC (0.12%). Company insiders that own Matson stock include Jeffrey N Watanabe, Mark H Fukunaga, Matthew J Cox, Michael J Chun, Peter T Heilmann, 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 Hussman Strategic Advisors Inc., Alps Advisors Inc., First Trust Advisors LP and Benjamin F. Edwards & Company Inc.. Company insiders that have sold Matson company stock in the last year include Matthew J Cox, Michael J Chun, Peter T Heilmann, Ronald J Forest, Rusty K Rolfe, Vic S Angoco Jr and W Blake Baird. View Insider Buying and Selling for Matson.

Which major investors are buying Matson stock?

MATX stock was bought by a variety of institutional investors in the last quarter, including WBI Investments Inc., Mackay Shields LLC, Sepio Capital LLC, Denali Advisors LLC, Russell Investments Group Ltd., California Public Employees Retirement System, State of Alaska Department of Revenue and Zeke Capital Advisors LLC. 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, Robinhood, Fidelity and Charles Schwab.

What is Matson's stock price today?

One share of MATX stock can currently be purchased for approximately $36.59.

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.View Additional Information About Matson.

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:  2.3 out of 5 (star star)
Outperform Votes:  218 (Vote Outperform)
Underperform Votes:  248 (Vote Underperform)
Total Votes:  466
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 11/17/2019 by MarketBeat.com Staff

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