NYSE:MATX Matson - MATX Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Matson, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $60.58 +0.58 (+0.97%) (As of 03/20/2023 12:00 AM ET) Add Compare Share Share Today's Range$60.53▼$62.6450-Day Range$60.00▼$71.2852-Week Range$58.06▼$125.34Volume335,394 shsAverage Volume307,258 shsMarket Capitalization$2.19 billionP/E Ratio2.27Dividend Yield2.05%Price Target$74.33 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Matson MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside22.7% Upside$74.33 Price TargetShort InterestHealthy3.70% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-4.91Upright™ Environmental ScoreNews Sentiment0.12Based on 3 Articles This WeekInsider TradingSelling Shares$186,245 Sold Last QuarterProj. Earnings Growth-2.81%From $4.99 to $4.85 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.38 out of 5 starsTransportation Sector60th out of 122 stocksWater Transportation Industry9th out of 18 stocks 2.0 Analyst's Opinion Consensus RatingMatson has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $74.33, Matson has a forecasted upside of 22.7% from its current price of $60.58.Amount of Analyst CoverageMatson has only been the subject of 2 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.70% of the float of Matson has been sold short.Short Interest Ratio / Days to CoverMatson has a short interest ratio ("days to cover") of 4.1.Change versus previous monthShort interest in Matson has recently decreased by 7.80%, indicating that investor sentiment is improving significantly. Previous Next 4.2 Dividend Strength Dividend YieldMatson pays a meaningful dividend of 2.07%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMatson has been increasing its dividend for 10 years.Dividend CoverageThe dividend payout ratio of Matson is 4.64%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Matson will have a dividend payout ratio of 25.57% next year. This indicates that Matson will be able to sustain or increase its dividend. Previous Next 1.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreMatson has received a -33.79% net impact score from Upright. The largest negative impact of Matson in category "GHG emissions" seems to be driven mostly by its "Ship freight transport services", "Less than truckload freight transport services", and "Ship cargo handling services" products. See details.Environmental SustainabilityThe Environmental Impact score for Matson is -4.91. Previous Next 1.2 News and Social Media Coverage News SentimentMatson has a news sentiment score of 0.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.39 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Matson this week, compared to 3 articles on an average week.Search InterestOnly 12 people have searched for MATX on MarketBeat in the last 30 days. This is a decrease of -43% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Matson to their MarketBeat watchlist in the last 30 days. This is a decrease of -80% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Matson insiders have sold 86.19% more of their company's stock than they have bought. Specifically, they have bought $100,027.00 in company stock and sold $186,245.00 in company stock.Percentage Held by InsidersOnly 1.90% of the stock of Matson is held by insiders.Percentage Held by Institutions83.55% of the stock of Matson is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Matson are expected to decrease by -2.81% in the coming year, from $4.99 to $4.85 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Matson is 2.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.32.Price to Earnings Ratio vs. SectorThe P/E ratio of Matson is 2.27, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 29.56.Price to Book Value per Share RatioMatson has a P/B Ratio of 1.00. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Matson (NYSE:MATX) StockMatson, Inc. is a holding company, which engages in the provision of logistics and transportation services. It operates through the Ocean Transportation and Logistics segments. The Ocean Transportation segment offers ocean freight transportation, container stevedoring, refrigerated cargo services, inland transportation, and other terminal services. The Logistics segment includes domestic and international rail intermodal services, regional highway brokerage, specialized hauling, expedited freight operations, supply chain management, storage, and distribution services. The company was founded in 1882 by William Matson and is headquartered in Honolulu, HI.Read More Receive MATX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Matson and its competitors with MarketBeat's FREE daily newsletter. Email Address MATX Stock News HeadlinesMarch 16, 2023 | americanbankingnews.comMatson (NYSE:MATX) Receives New Coverage from Analysts at StockNews.comFebruary 23, 2023 | finance.yahoo.comMatson Full Year 2022 Earnings: In Line With ExpectationsMarch 20, 2023 | Investing Daily (Ad)27 U.S. Cities Where Stocks Yield 26% a YearWhat’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%! When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate. February 22, 2023 | finance.yahoo.comMatson (MATX) Q4 Earnings Surpass EstimatesFebruary 21, 2023 | finance.yahoo.comMATSON, INC. ANNOUNCES FOURTH QUARTER AND FULL YEAR 2022 RESULTSFebruary 20, 2023 | finance.yahoo.comWhy The 43% Return On Capital At Matson (NYSE:MATX) Should Have Your AttentionFebruary 14, 2023 | finance.yahoo.comEarnings Preview: Matson (MATX) Q4 Earnings Expected to DeclineJanuary 31, 2023 | finance.yahoo.comMATSON TO PARTICIPATE AT STIFEL 2023 TRANSPORTATION & LOGISTICS CONFERENCEMarch 20, 2023 | Investing Daily (Ad)Check Out This 6-Year Win StreakDespite the volatility of the last few years, this reclusive millionaire hasn’t closed a losing trade since July 2016. He just plugs away, executing what may be the most effective investment strategy on Earth. He turned $50K into $5.3M! Want to see the details? Click HERE to watch it for yourself. January 28, 2023 | msn.comMatson declares $0.31 dividendJanuary 18, 2023 | finance.yahoo.comMATSON ANNOUNCES PRELIMINARY 4Q22 RESULTS, PROVIDES BUSINESS UPDATE AND ANNOUNCES 4Q22 EARNINGS CALL DATEJanuary 18, 2023 | finance.yahoo.comWeaker shipping demand hits ocean-freight shipper Matson’s fourth-quarter profit expectationsJanuary 18, 2023 | finance.yahoo.comThose who invested in Matson (NYSE:MATX) five years ago are up 125%December 3, 2022 | finance.yahoo.comMatson, Inc. (NYSE:MATX) is favoured by institutional owners who hold 77% of the companyNovember 27, 2022 | msn.comPrincess Anne to visit to Matson next week followed by lunch at the Best Western Robinswood HotelNovember 19, 2022 | finance.yahoo.comIs Matson, Inc. (NYSE:MATX) Trading At A 47% Discount?November 5, 2022 | finance.yahoo.comShould You Buy Matson, Inc. (NYSE:MATX) For Its Upcoming Dividend?November 3, 2022 | investing.comMatson, Inc. PT Lowered to $90 at StephensNovember 2, 2022 | finance.yahoo.comMATSON TO ADD THREE LNG-POWERED ALOHA CLASS CONTAINERSHIPSNovember 2, 2022 | finance.yahoo.comMatson (MATX) Q3 Earnings and Revenues Top EstimatesNovember 1, 2022 | finance.yahoo.comMATSON TO PARTICIPATE AT BAIRD 2022 GLOBAL INDUSTRIAL CONFERENCEOctober 27, 2022 | finance.yahoo.comMATSON ANNOUNCES QUARTERLY DIVIDEND OF $0.31 PER SHAREOctober 27, 2022 | finance.yahoo.comWhat Does Matson, Inc.'s (NYSE:MATX) Share Price Indicate?October 20, 2022 | nasdaq.comZacks Industry Outlook Highlights Expeditors International of Washington, C.H. Robinson Worldwide and Matson - NasdaqOctober 17, 2022 | seekingalpha.comMatson dips 2% on prelim Q3 figures - Seeking AlphaOctober 17, 2022 | finance.yahoo.comMATSON ANNOUNCES PRELIMINARY 3Q22 RESULTS, PROVIDES BUSINESS UPDATE AND ANNOUNCES 3Q22 EARNINGS CALL DATE - Yahoo FinanceOctober 17, 2022 | finance.yahoo.comMATSON ANNOUNCES PRELIMINARY 3Q22 RESULTS, PROVIDES BUSINESS UPDATE AND ANNOUNCES 3Q22 EARNINGS CALL DATESee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive MATX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Matson and its competitors with MarketBeat's FREE daily newsletter. Email Address MATX Company Calendar Ex-Dividend for 3/2 Dividend2/08/2023Last Earnings2/21/2023Dividend Payable3/02/2023Today3/20/2023Next Earnings (Estimated)5/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Water transportation Sub-IndustryMarine SectorTransportation Current SymbolNYSE:MATX CUSIP57686G10 CIK3453 Webwww.matson.com Phone(808) 848-1211Fax510-628-7380Employees4,288Year FoundedN/APrice Target and Rating Average Stock Price Forecast$74.33 High Stock Price Forecast$80.00 Low Stock Price Forecast$70.00 Forecasted Upside/Downside+19.8%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$26.71 Trailing P/E Ratio2.32 Forward P/E Ratio12.43 P/E GrowthN/ANet Income$1.06 billion Net Margins24.50% Pretax Margin31.14% Return on Equity49.26% Return on Assets25.14% Debt Debt-to-Equity Ratio0.19 Current Ratio1.31 Quick Ratio1.31 Sales & Book Value Annual Sales$4.34 billion Price / Sales0.52 Cash Flow$37.16 per share Price / Cash Flow1.67 Book Value$60.80 per share Price / Book1.02Miscellaneous Outstanding Shares36,070,000Free Float35,384,000Market Cap$2.24 billion OptionableOptionable Beta1.18 Key ExecutivesMatthew J. CoxChairman & Chief Executive OfficerJoel M. WineChief Financial Officer & Senior Vice PresidentPeter T. HeilmannChief Administrative Officer & Executive VPJohn P. LauerChief Commercial Officer & Senior Vice PresidentKevin L. StuckVice President & ControllerKey CompetitorsKirbyNYSE:KEXGolar LNGNASDAQ:GLNGInternational SeawaysNYSE:INSWFLEX LNGNYSE:FLNGNordic American TankersNYSE:NATView All CompetitorsInsiders & InstitutionsMark H FukunagaBought 1,573 shares on 3/16/2023Total: $100,027.07 ($63.59/share)Voya Investment Management LLCBought 4,441 shares on 2/28/2023Ownership: 0.069%Kevin L StuckSold 2,760 sharesTotal: $186,244.80 ($67.48/share)Teachers Retirement System of The State of KentuckySold 1,103 shares on 2/22/2023Ownership: 0.032%Linden Thomas Advisory Services LLCBought 4,130 shares on 2/17/2023Ownership: 0.011%View All Insider TransactionsView All Institutional Transactions MATX Stock - Frequently Asked Questions Should I buy or sell Matson stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Matson in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" MATX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MATX, but not buy additional shares or sell existing shares. View MATX analyst ratings or view top-rated stocks. What is Matson's stock price forecast for 2023? 3 Wall Street research analysts have issued 12-month price targets for Matson's shares. Their MATX share price forecasts range from $70.00 to $80.00. On average, they anticipate the company's share price to reach $74.33 in the next twelve months. This suggests a possible upside of 19.8% from the stock's current price. View analysts price targets for MATX or view top-rated stocks among Wall Street analysts. How have MATX shares performed in 2023? Matson's stock was trading at $62.51 at the beginning of the year. Since then, MATX stock has decreased by 0.7% and is now trading at $62.05. View the best growth stocks for 2023 here. Are investors shorting Matson? Matson saw a decrease in short interest during the month of February. As of February 28th, there was short interest totaling 1,300,000 shares, a decrease of 7.8% from the February 13th total of 1,410,000 shares. Based on an average daily volume of 317,000 shares, the short-interest ratio is presently 4.1 days. Approximately 3.7% of the shares of the company are sold short. View Matson's Short Interest. When is Matson's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023. View our MATX earnings forecast. How were Matson's earnings last quarter? Matson, Inc. (NYSE:MATX) announced its quarterly earnings data on Tuesday, February, 21st. The shipping company reported $2.10 EPS for the quarter, beating analysts' consensus estimates of $1.97 by $0.13. The shipping company had revenue of $801.60 million for the quarter, compared to the consensus estimate of $801.22 million. Matson had a trailing twelve-month return on equity of 49.26% and a net margin of 24.50%. The company's quarterly revenue was down 36.7% on a year-over-year basis. During the same quarter last year, the firm earned $9.39 EPS. How often does Matson pay dividends? What is the dividend yield for Matson? Matson declared a quarterly dividend on Thursday, January 26th. Shareholders of record on Thursday, February 9th will be given a dividend of $0.31 per share on Thursday, March 2nd. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.00%. The ex-dividend date is Wednesday, February 8th. Read our dividend analysis for MATX. What ETFs hold Matson's stock? ETFs with the largest weight of Matson (NYSE:MATX) stock in their portfolio include U.S. Global Sea to Sky Cargo ETF (SEA), Pacer US Small Cap Cash Cows 100 ETF (CALF), SonicShares Global Shipping ETF (BOAT), Alpha Architect U.S. Quantitative Value ETF (QVAL), Invesco S&P SmallCap Industrials ETF (PSCI), Invesco S&P SmallCap 600 Pure Growth ETF (RZG), Invesco S&P SmallCap Value with Momentum ETF (XSVM) and ETC 6 Meridian Small Cap Equity ETF (SIXS). Is Matson a good dividend stock? Matson (NYSE:MATX) pays an annual dividend of $1.24 per share and currently has a dividend yield of 2.07%. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 4.64%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MATX will have a dividend payout ratio of 25.57% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MATX. What guidance has Matson issued on next quarter's earnings? Matson updated its fourth quarter 2022 earnings guidance on Wednesday, January, 18th. The company provided earnings per share guidance of $1.88-$2.01 for the period, compared to the consensus earnings per share estimate of $3.42. The company issued revenue guidance of -. What is Matt Cox's approval rating as Matson's CEO? 26 employees have rated Matson Chief Executive Officer Matt Cox on Glassdoor.com. Matt Cox has an approval rating of 89% among the company's employees. 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 Tankers (NAT), Verizon Communications (VZ), Energy Transfer (ET), Gilead Sciences (GILD), Precigen (PGEN), Cisco Systems (CSCO), Corning (GLW), Pfizer (PFE), Exxon Mobil (XOM) and AbbVie (ABBV). What is Matson's stock symbol? Matson trades on the New York Stock Exchange (NYSE) under the ticker symbol "MATX." Who are Matson's major shareholders? Matson's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (6.44%), ArrowMark Colorado Holdings LLC (3.78%), Fuller & Thaler Asset Management Inc. (3.63%), Geode Capital Management LLC (1.82%), Pacer Advisors Inc. (1.25%) and American Century Companies Inc. (1.22%). Insiders that own company stock include Branton B Dreyfus, Christopher A Scott, Grace M Cerocke, Jason Lee Taylor, Jenai S Wall, Jenai S Wall, John P Lauer, Kevin L Stuck, Laura L Rascon, Mark H Fukunaga, Matthew J Cox, Matthew J Cox, Peter T Heilmann, Richard S Kinney, Ronald J Forest, Ronald J Forest, Rusty K Rolfe, Thomas B Fargo and Vic S Angoco Jr. View institutional ownership trends. How do I buy shares of Matson? Shares of MATX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Matson's stock price today? One share of MATX stock can currently be purchased for approximately $62.05. How much money does Matson make? Matson (NYSE:MATX) has a market capitalization of $2.24 billion and generates $4.34 billion in revenue each year. The shipping company earns $1.06 billion in net income (profit) each year or $26.71 on an earnings per share basis. How many employees does Matson have? The company employs 4,288 workers across the globe. How can I contact Matson? Matson's mailing address is 1411 SAND ISLAND PARKWAY, HONOLULU HI, 96819. The official website for the company is www.matson.com. The shipping company can be reached via phone at (808) 848-1211, via email at investor-relations@matson.com, or via fax at 510-628-7380. This page (NYSE:MATX) was last updated on 3/20/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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