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
Current SymbolNYSE:MATX
Previous Symbol
CUSIP57686G10
Phone808-848-1211
Debt
Debt-to-Equity Ratio1.16
Current Ratio0.92
Quick Ratio0.92
Price-To-Earnings
Trailing P/E Ratio21.06
Forward P/E Ratio15.11
P/E Growth3.33
Sales & Book Value
Annual Sales$2.05 billion
Price / Sales0.78
Cash Flow$3.8206 per share
Price / Cash9.81
Book Value$15.98 per share
Price / Book2.35
Profitability
EPS (Most Recent Fiscal Year)$1.78
Net Income$232 million
Net Margins11.74%
Return on Equity14.31%
Return on Assets4.30%
Miscellaneous
Employees1,947
Outstanding Shares42,710,000
Market Cap$1.76 billion
OptionableOptionable
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 Thursday, October 25th. Stockholders of record on Thursday, November 8th will be given a dividend of $0.21 per share on Thursday, December 6th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.24%. The ex-dividend date is Wednesday, November 7th. View Matson's Dividend History.
How were Matson's earnings last quarter?
Matson Inc (NYSE:MATX) issued its quarterly earnings results on Monday, November, 5th. The shipping company reported $0.97 EPS for the quarter, beating analysts' consensus estimates of $0.91 by $0.06. The shipping company had revenue of $589.40 million for the quarter, compared to the consensus estimate of $565.67 million. Matson had a net margin of 11.74% and a return on equity of 14.31%. The business's revenue was up 8.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.79 EPS. View Matson's Earnings History.
When is Matson's next earnings date?
What price target have analysts set for MATX?
5 Wall Street analysts have issued 1 year price objectives for Matson's shares. Their predictions range from $33.00 to $52.00. On average, they anticipate Matson's stock price to reach $40.60 in the next twelve months. This suggests a possible upside of 8.3% from the stock's current price. View Analyst Price Targets 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 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Matson.
Has Matson been receiving favorable news coverage?
News headlines about MATX stock have trended somewhat positive recently, according to InfoTrie. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Matson earned a news sentiment score of 1.5 on InfoTrie's scale. They also assigned news articles about the shipping company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days.
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 (TGP), GasLog Partners LP Unit (GLOP), Golden Ocean Group (GOGL), Golar LNG Partners (GMLP), Teekay Offshore Partners (TOO), Tidewater (TDW), KNOT Offshore Partners (KNOP), Hoegh LNG Partners (HMLP), International Seaways (INSW), Nordic American Tanker (NAT), Teekay Tankers (TNK) 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)
Who are Matson's major shareholders?
Matson's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.22%), Dimensional Fund Advisors LP (6.25%), Fuller & Thaler Asset Management Inc. (5.81%), Bank of New York Mellon Corp (1.78%), William Blair Investment Management LLC (0.96%) and Prudential Financial Inc. (0.73%). 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 Fuller & Thaler Asset Management Inc., FMR LLC, TIAA CREF Investment Management LLC, Prudential Financial Inc., Credit Suisse AG, GSA Capital Partners LLP, SG Americas Securities LLC and First Trust Advisors LP. 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 bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Bridgeway Capital Management Inc., Ceredex Value Advisors LLC, RK Capital Management LLC, LSV Asset Management, Alps Advisors Inc., Vident Investment Advisory LLC and JPMorgan Chase & Co.. 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 $37.48.
How big of a company is Matson?
Matson has a market capitalization of $1.76 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.
What is Matson's official website?
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.
