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NYSE:MATX - Matson Stock Price, Forecast & News

$36.47
-0.63 (-1.70 %)
(As of 02/26/2020 01:40 AM ET)
Today's Range
$35.87
Now: $36.47
$37.11
50-Day Range
$36.01
MA: $37.86
$40.08
52-Week Range
$33.69
Now: $36.47
$42.15
Volume271,500 shs
Average Volume136,727 shs
Market Capitalization$1.56 billion
P/E Ratio17.88
Dividend Yield2.37%
Beta1.58
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$4.58 per share
Book Value$17.69 per share

Profitability

Net Income$109 million

Miscellaneous

Employees2,007
Market Cap$1.56 billion
Next Earnings DateN/A
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 announced a quarterly dividend on Thursday, January 23rd. Stockholders of record on Thursday, February 6th will be given a dividend of $0.22 per share on Thursday, March 5th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.41%. The ex-dividend date of this dividend is Wednesday, February 5th. View Matson's Dividend History.

How were Matson's earnings last quarter?

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

What price target have analysts set for MATX?

1 brokerages have issued 1-year price targets for Matson's shares. Their forecasts range from $48.00 to $48.00. On average, they expect Matson's share price to reach $48.00 in the next twelve months. This suggests a possible upside of 31.6% from the stock's current price. View Analyst Price Targets for Matson.

What is the consensus analysts' recommendation for Matson?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Matson in the last year. There are currently 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?

Media stories about MATX stock have trended somewhat positive recently, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Matson earned a news sentiment score of 1.2 on InfoTrie's scale. They also assigned news stories about the shipping company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Matson.

Are investors shorting Matson?

Matson saw a drop in short interest in the month of January. As of January 31st, there was short interest totalling 536,600 shares, a drop of 20.2% from the January 15th total of 672,300 shares. Based on an average daily volume of 154,400 shares, the days-to-cover ratio is presently 3.5 days. Currently, 1.3% 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?

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 many different of retail and institutional investors. Top institutional investors include ArrowMark Colorado Holdings LLC (6.97%), Capital Research Global Investors (4.16%), Hotchkis & Wiley Capital Management LLC (3.95%), State Street Corp (3.00%), Bank of New York Mellon Corp (1.49%) and Geode Capital Management LLC (1.30%). 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 institutional investors are selling Matson stock?

MATX stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Bank of New York Mellon Corp, Hotchkis & Wiley Capital Management LLC, Mackay Shields LLC, Alambic Investment Management L.P., Arizona State Retirement System, Benjamin F. Edwards & Company Inc. and Ceredex Value Advisors LLC. 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 institutional investors are buying Matson stock?

MATX stock was acquired by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., ArrowMark Colorado Holdings LLC, State Street Corp, Great West Life Assurance Co. Can, UBS Group AG, Renaissance Technologies LLC, Los Angeles Capital Management & Equity Research Inc. and Geode Capital Management 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 $36.47.

How big of a company is Matson?

Matson has a market capitalization of $1.56 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:  2.4 out of 5 (star star)
Outperform Votes:  229 (Vote Outperform)
Underperform Votes:  258 (Vote Underperform)
Total Votes:  487
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 2/26/2020 by MarketBeat.com Staff

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