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 Ratio1.28
Current Ratio0.90
Quick Ratio0.90
Price-To-Earnings
Trailing P/E Ratio21.80
Forward P/E Ratio16.44
P/E Growth3.26
Sales & Book Value
Annual Sales$2.05 billion
Price / Sales0.81
Cash Flow$4.2358 per share
Price / Cash9.16
Book Value$15.98 per share
Price / Book2.43
Profitability
EPS (Most Recent Fiscal Year)$1.78
Net Income$232 million
Net Margins11.64%
Return on Equity14.40%
Return on Assets4.09%
Miscellaneous
Employees1,947
Outstanding Shares42,700,000
Market Cap$1.64 billion
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 Monday, July 2nd. Investors 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 annualized dividend and a dividend yield of 2.16%. 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) issued its quarterly earnings results on Tuesday, July, 31st. The shipping company reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.10. The shipping company earned $557.10 million during the quarter, compared to analyst estimates of $526.28 million. Matson had a return on equity of 14.40% and a net margin of 11.64%. Matson's revenue for the quarter was up 8.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.55 EPS. View Matson's Earnings History.
When is Matson's next earnings date?
What price target have analysts set for MATX?
5 equities research analysts have issued 12-month price targets for Matson's shares. Their forecasts range from $22.00 to $52.00. On average, they expect Matson's stock price to reach $38.00 in the next twelve months. This suggests that the stock has a possible downside of 2.1%. 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 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Matson.
Who are some of Matson's key competitors?
Some companies that are related to Matson include Kirby (KEX), Golar LNG (GLNG), GasLog (GLOG), Golden Ocean Group (GOGL), Teekay Lng Partners (TGP), GasLog Partners LP Unit (GLOP), Teekay Offshore Partners (TOO), Golar LNG Partners (GMLP), Tidewater (TDW), KNOT Offshore Partners (KNOP), Hoegh LNG Partners (HMLP), International Seaways (INSW), Nordic American Tanker (NAT), Dynagas LNG Partners (DLNG) and Teekay Tankers (TNK).
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 many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.59%), Fuller & Thaler Asset Management Inc. (6.51%), Dimensional Fund Advisors LP (6.18%), Hermes Investment Management Ltd. (1.85%), Bank of New York Mellon Corp (1.72%) and Bank of New York Mellon Corp (1.72%). 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 Millennium Management LLC, Bank of America Corp DE, Fuller & Thaler Asset Management Inc., BlueMountain Capital Management LLC, BNP Paribas Arbitrage SA, Pinebridge Investments L.P., Martingale Asset Management L P and 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 acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., LSV Asset Management, SG Americas Securities LLC, Northern Trust Corp, Mackay Shields LLC, Dimensional Fund Advisors LP, Brown Advisory Inc. and Alps Advisors Inc.. 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 $38.80.
How big of a company is Matson?
Matson has a market capitalization of $1.64 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.
