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. 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 container stevedoring, refrigerated cargo services, inland transportation, container equipment maintenance, and other terminal services Hawaiian islands of Oahu, Hawaii, Maui, and Kauai, as well as in the Alaska locations of Anchorage, Kodiak, and Dutch Harbor. In addition, it offers ship management services. The 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 forwarding services; warehousing and distribution services; and supply chain management services. 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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Water transportation
Sub-IndustryMarine
SectorTransportation
SymbolNYSE:MATX
CUSIP57686G10
Phone808-848-1211
Debt
Debt-to-Equity Ratio1.27
Current Ratio0.98
Quick Ratio0.98
Price-To-Earnings
Trailing P/E Ratio20.59
Forward P/E Ratio16.58
P/E Growth3.31
Sales & Book Value
Annual Sales$2.05 billion
Price / Sales0.76
Cash Flow$4.1982 per share
Price / Cash8.73
Book Value$15.98 per share
Price / Book2.29
Profitability
EPS (Most Recent Fiscal Year)$1.78
Net Income$232 million
Net Margins11.48%
Return on Equity14.30%
Return on Assets3.85%
Miscellaneous
Employees1,947
Outstanding Shares42,650,000
Market Cap$1,563.27
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 announced a quarterly dividend on Monday, July 2nd. Shareholders of record on Thursday, August 2nd will be paid a dividend of $0.21 per share on Thursday, September 6th. This represents a $0.84 dividend on an annualized basis and a yield of 2.29%. The ex-dividend date of this dividend is Wednesday, August 1st. This is a boost from Matson's previous quarterly dividend of $0.20. View Matson's Dividend History.
How were Matson's earnings last quarter?
Matson Inc (NYSE:MATX) announced its quarterly earnings data on Tuesday, May, 1st. The shipping company reported $0.33 EPS for the quarter, beating the consensus estimate of $0.23 by $0.10. The shipping company had revenue of $511.40 million for the quarter, compared to analysts' expectations of $463.48 million. Matson had a net margin of 11.48% and a return on equity of 14.30%. The firm's revenue was up 7.8% on a year-over-year basis. During the same period last year, the business earned $0.16 earnings per share. View Matson's Earnings History.
When is Matson's next earnings date?
What price target have analysts set for MATX?
5 brokers have issued 1-year price objectives for Matson's shares. Their predictions range from $22.00 to $52.00. On average, they anticipate Matson's share price to reach $37.00 in the next year. This suggests a possible upside of 1.0% from the stock's current price. View Analyst Ratings for Matson.
What is the consensus analysts' recommendation for Matson?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Matson in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
Who are some of Matson's key competitors?
Some companies that are related to Matson include Kirby (KEX), Golar LNG (GLNG), GasLog (GLOG), Teekay Lng Partners, L.P. Common Stock (TGP), Golden Ocean Group (GOGL), Golar LNG Partners (GMLP), Teekay Offshore Partners (TOO), GasLog Partners LP Unit (GLOP), Kenon (KEN), Tidewater (TDW), KNOT Offshore Partners (KNOP), International Seaways (INSW), Hoegh LNG Partners (HMLP), Nordic American Tanker (NAT) and Dynagas LNG Partners (DLNG).
Who are Matson's key executives?
Matson's management team includes the folowing people:
- Mr. Matthew J. Cox, Chairman & CEO (Age 57)
- Mr. Ronald J. Forest, Pres (Age 62)
- Mr. Joel M. Wine, Sr. VP, CFO & Treasurer (Age 46)
- Mr. Peter T. Heilmann, Sr. VP, Chief Admin. Officer & Gen. Counsel (Age 49)
- Mr. John P. Lauer, Sr. VP & Chief Commercial Officer (Age 57)
Has Matson been receiving favorable news coverage?
News stories about MATX stock have trended somewhat positive recently, Accern reports. The research group identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Matson earned a media sentiment score of 0.20 on Accern's scale. They also assigned media coverage about the shipping company an impact score of 49.55 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near future.
Who are Matson's major shareholders?
Matson's stock is owned by a variety of of institutional and retail investors. Top institutional investors include James Investment Research Inc. (0.14%), Benjamin F. Edwards & Company Inc. (0.07%), Municipal Employees Retirement System of Michigan (0.04%), CKW Financial Group (0.04%) and Amalgamated Bank (0.02%). Company insiders that own Matson stock include Constance H Lau, Jeffrey N Watanabe, Joel M Wine, Mark H Fukunaga, Matthew J Cox, Michael J Chun, Peter T Heilmann, Ronald J Forest, Stanley M Kuriyama, Thomas B Fargo, Vic S Angoco Jr and W Blake Baird. View Institutional Ownership Trends for Matson.
Which institutional investors are selling Matson stock?
MATX stock was sold by a variety of institutional investors in the last quarter, including Municipal Employees Retirement System of Michigan. Company insiders that have sold Matson company stock in the last year include Jeffrey N Watanabe, Matthew J Cox, Ronald J Forest, Vic S Angoco Jr and W Blake Baird. View Insider Buying and Selling for Matson.
Which institutional investors are buying Matson stock?
MATX stock was purchased by a variety of institutional investors in the last quarter, including Benjamin F. Edwards & Company Inc., James Investment Research Inc., Amalgamated Bank and CKW Financial Group. Company insiders that have bought Matson stock in the last two years include Constance H Lau, Jeffrey N Watanabe, Joel M Wine, Mark H Fukunaga, Stanley M Kuriyama and Thomas B Fargo. 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, Scottrade, Fidelity and Charles Schwab.
What is Matson's stock price today?
One share of MATX stock can currently be purchased for approximately $36.65.
How big of a company is Matson?
Matson has a market capitalization of $1.56 billion and generates $2.05 billion in revenue each year. The shipping company earns $232 million in net income (profit) each year or $1.78 on an earnings per share basis. Matson employs 1,947 workers across the globe.
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)
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.
