S&P 500   4,577.10
DOW   34,639.79
QQQ   389.91
S&P 500   4,577.10
DOW   34,639.79
QQQ   389.91
S&P 500   4,577.10
DOW   34,639.79
QQQ   389.91
S&P 500   4,577.10
DOW   34,639.79
QQQ   389.91
NYSE:MATX

Matson Stock Forecast, Price & News

$82.01
+3.24 (+4.11%)
(As of 12/2/2021 12:00 AM ET)
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Today's Range
$78.84
$82.60
50-Day Range
$78.77
$94.03
52-Week Range
$55.41
$94.54
Volume
249,776 shs
Average Volume
288,225 shs
Market Capitalization
$3.45 billion
P/E Ratio
5.78
Dividend Yield
1.52%
Beta
0.93
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Matson logo

About Matson

Matson, 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.

Headlines

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Industry, Sector and Symbol

Industry
Water transportation
Sub-Industry
Marine
CUSIP
57686G10
CIK
3453
Employees
4,149
Year Founded
N/A

Sales & Book Value

Annual Sales
$2.38 billion
Cash Flow
$8.71 per share
Book Value
$22.31 per share

Profitability

Net Income
$193.10 million
Pretax Margin
24.21%

Debt

Price-To-Earnings

Miscellaneous

Free Float
41,191,000
Market Cap
$3.45 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/03/2021
Ex-Dividend
11/09/2021
Dividend Payable
12/02/2021
Today
12/03/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/22/2022

MarketRank

Overall MarketRank

2.52 out of 5 stars

Transportation Sector

38th out of 172 stocks

Water Transportation Industry

2nd out of 25 stocks

Analyst Opinion: 1.3Community Rank: 4.3Dividend Strength: 3.3Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -












Matson (NYSE:MATX) Frequently Asked Questions

Is Matson a buy right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Matson in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Matson stock.
View analyst ratings for Matson
or view top-rated stocks.

How has Matson's stock price been impacted by COVID-19 (Coronavirus)?

Matson's stock was trading at $29.94 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MATX shares have increased by 173.9% and is now trading at $82.01.
View which stocks have been most impacted by COVID-19
.

When is Matson's next earnings date?

Matson is scheduled to release its next quarterly earnings announcement on Tuesday, February 22nd 2022.
View our earnings forecast for Matson
.

How were Matson's earnings last quarter?

Matson, Inc. (NYSE:MATX) posted its earnings results on Wednesday, November, 3rd. The shipping company reported $6.53 EPS for the quarter, hitting the consensus estimate of $6.53. The shipping company had revenue of $1.07 billion for the quarter, compared to analysts' expectations of $1.07 billion. Matson had a net margin of 18.42% and a trailing twelve-month return on equity of 54.88%. During the same period in the previous year, the company earned $1.63 EPS.
View Matson's earnings history
.

How often does Matson pay dividends? What is the dividend yield for Matson?

Matson announced a quarterly dividend on Thursday, October 28th. Investors of record on Thursday, November 11th will be paid a dividend of $0.30 per share on Thursday, December 2nd. This represents a $1.20 dividend on an annualized basis and a yield of 1.46%. The ex-dividend date of this dividend is Tuesday, November 9th.
View Matson's dividend history
.

Is Matson a good dividend stock?

Matson pays an annual dividend of $1.20 per share and currently has a dividend yield of 1.52%. Matson has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Matson is 8.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Matson will have a dividend payout ratio of 14.15% next year. This indicates that Matson will be able to sustain or increase its dividend.
View Matson's dividend history.

What guidance has Matson issued on next quarter's earnings?

Matson issued an update on its third quarter 2021 earnings guidance on Monday, November, 1st. The company provided EPS guidance of $6.390-$6.580 for the period, compared to the Thomson Reuters consensus estimate of $4.390. The company issued revenue guidance of -.

What price target have analysts set for MATX?

2 brokers have issued 1 year price objectives for Matson's shares. Their forecasts range from $70.00 to $92.00. On average, they anticipate Matson's share price to reach $81.00 in the next twelve months. This suggests that the stock has a possible downside of 1.2%.
View analysts' price targets for Matson
or view top-rated stocks among Wall Street analysts.

Who are Matson's key executives?

Matson's management team includes the following people:
  • Matthew J. Cox, Chairman & Chief Executive Officer
  • Ronald J. Forest, President
  • Joel M. Wine, Chief Financial Officer & Senior Vice President
  • Peter T. Heilmann, Chief Administrative Officer & Executive VP
  • John P. Lauer, Chief Commercial Officer & Senior Vice President

What is Matt Cox's approval rating as Matson's CEO?

26 employees have rated Matson CEO Matt Cox on Glassdoor.com. Matt Cox has an approval rating of 89% among Matson'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 variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (15.03%), ArrowMark Colorado Holdings LLC (10.35%), Fuller & Thaler Asset Management Inc. (4.96%), Dimensional Fund Advisors LP (4.94%), Geode Capital Management LLC (1.66%) and Bank of New York Mellon Corp (1.51%). Company insiders that own Matson stock include Branton B Dreyfus, Christopher A Scott, Jenai S Wall, Kevin L Stuck, Laura L Rascon, Mark H Fukunaga, Matthew J Cox, Matthew J Cox, Peter T Heilmann, Richard S Kinney, Ronald J Forest, Rusty K Rolfe and Vic S Angoco Jr.
View institutional ownership trends for Matson
.

Which major investors are selling Matson stock?

MATX stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Millennium Management LLC, Fuller & Thaler Asset Management Inc., Arrowstreet Capital Limited Partnership, Dimensional Fund Advisors LP, Invesco Ltd., California State Teachers Retirement System, and Dynamic Technology Lab Private Ltd. Company insiders that have sold Matson company stock in the last year include Christopher A Scott, Kevin L Stuck, Laura L Rascon, Matthew J Cox, Peter T Heilmann, Richard S Kinney, Ronald J Forest, and Rusty K Rolfe.
View insider buying and selling activity for Matson
or view top insider-selling stocks.

Which major investors are buying Matson stock?

MATX stock was acquired by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, Allianz Asset Management GmbH, Voloridge Investment Management LLC, HighTower Advisors LLC, ArrowMark Colorado Holdings LLC, Skandinaviska Enskilda Banken AB publ , Goldman Sachs Group Inc., and BNP Paribas Arbitrage SA. Company insiders that have bought Matson stock in the last two years include Jenai S Wall, and Mark H Fukunaga.
View insider buying and selling activity for Matson
or or view top insider-buying stocks.

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 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 $82.01.

How much money does Matson make?

Matson has a market capitalization of $3.45 billion and generates $2.38 billion in revenue each year. The shipping company earns $193.10 million in net income (profit) each year or $14.19 on an earnings per share basis.

How many employees does Matson have?

Matson employs 4,149 workers across the globe.

What is Matson's official website?

The official website for Matson is www.matson.com.

Where are Matson's headquarters?

Matson is headquartered at 1411 SAND ISLAND PARKWAY, HONOLULU HI, 96819.

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, via email at [email protected], or via fax at 510-628-7380.


This page was last updated on 12/3/2021 by MarketBeat.com Staff

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