S&P 500   3,327.77 (+0.64%)
DOW   27,201.52 (+1.39%)
QQQ   271.05 (+0.25%)
AAPL   440.25 (+0.36%)
MSFT   212.94 (-0.16%)
FB   249.12 (-0.28%)
GOOGL   1,479.09 (+0.39%)
AMZN   3,205.03 (+2.11%)
NVDA   451.47 (+0.53%)
CGC   19.21 (-0.57%)
BABA   264.91 (+1.03%)
TSLA   1,485.02 (-0.13%)
MU   51.05 (-0.49%)
GE   6.40 (+4.23%)
AMD   85.31 (+0.32%)
T   29.85 (-0.53%)
F   6.96 (+1.46%)
ACB   10.71 (-0.19%)
GILD   69.00 (-2.65%)
NFLX   502.11 (-1.48%)
DIS   127.61 (+8.80%)
BAC   25.39 (+1.52%)
BA   174.28 (+5.58%)
S&P 500   3,327.77 (+0.64%)
DOW   27,201.52 (+1.39%)
QQQ   271.05 (+0.25%)
AAPL   440.25 (+0.36%)
MSFT   212.94 (-0.16%)
FB   249.12 (-0.28%)
GOOGL   1,479.09 (+0.39%)
AMZN   3,205.03 (+2.11%)
NVDA   451.47 (+0.53%)
CGC   19.21 (-0.57%)
BABA   264.91 (+1.03%)
TSLA   1,485.02 (-0.13%)
MU   51.05 (-0.49%)
GE   6.40 (+4.23%)
AMD   85.31 (+0.32%)
T   29.85 (-0.53%)
F   6.96 (+1.46%)
ACB   10.71 (-0.19%)
GILD   69.00 (-2.65%)
NFLX   502.11 (-1.48%)
DIS   127.61 (+8.80%)
BAC   25.39 (+1.52%)
BA   174.28 (+5.58%)
S&P 500   3,327.77 (+0.64%)
DOW   27,201.52 (+1.39%)
QQQ   271.05 (+0.25%)
AAPL   440.25 (+0.36%)
MSFT   212.94 (-0.16%)
FB   249.12 (-0.28%)
GOOGL   1,479.09 (+0.39%)
AMZN   3,205.03 (+2.11%)
NVDA   451.47 (+0.53%)
CGC   19.21 (-0.57%)
BABA   264.91 (+1.03%)
TSLA   1,485.02 (-0.13%)
MU   51.05 (-0.49%)
GE   6.40 (+4.23%)
AMD   85.31 (+0.32%)
T   29.85 (-0.53%)
F   6.96 (+1.46%)
ACB   10.71 (-0.19%)
GILD   69.00 (-2.65%)
NFLX   502.11 (-1.48%)
DIS   127.61 (+8.80%)
BAC   25.39 (+1.52%)
BA   174.28 (+5.58%)
S&P 500   3,327.77 (+0.64%)
DOW   27,201.52 (+1.39%)
QQQ   271.05 (+0.25%)
AAPL   440.25 (+0.36%)
MSFT   212.94 (-0.16%)
FB   249.12 (-0.28%)
GOOGL   1,479.09 (+0.39%)
AMZN   3,205.03 (+2.11%)
NVDA   451.47 (+0.53%)
CGC   19.21 (-0.57%)
BABA   264.91 (+1.03%)
TSLA   1,485.02 (-0.13%)
MU   51.05 (-0.49%)
GE   6.40 (+4.23%)
AMD   85.31 (+0.32%)
T   29.85 (-0.53%)
F   6.96 (+1.46%)
ACB   10.71 (-0.19%)
GILD   69.00 (-2.65%)
NFLX   502.11 (-1.48%)
DIS   127.61 (+8.80%)
BAC   25.39 (+1.52%)
BA   174.28 (+5.58%)
Log in

NYSE:MATXMatson Stock Price, Forecast & News

$37.57
+1.52 (+4.22 %)
(As of 08/5/2020 04:00 PM ET)
Add
Compare
Today's Range
$35.96
Now: $37.57
$37.80
50-Day Range
$27.36
MA: $32.59
$37.92
52-Week Range
$23.75
Now: $37.57
$42.15
Volume340,944 shs
Average Volume237,179 shs
Market Capitalization$1.62 billion
P/E Ratio21.84
Dividend Yield2.44%
Beta1.2
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.
Read More
Matson logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.3Community Rank: 2.3Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.84 out of 5 stars


Industry, Sector and Symbol

Industry Water transportation
Sub-IndustryMarine
CUSIP57686G10
CIK3453
Phone808-848-1211

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.67 billion
Cash Flow$5.89 per share
Book Value$18.80 per share

Profitability

Net Income$82.70 million

Miscellaneous

Employees1,988
Market Cap$1.62 billion
Next Earnings Date8/5/2020 (Confirmed)
OptionableOptionable
$37.57
+1.52 (+4.22 %)
(As of 08/5/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive MATX News and Ratings via Email

Sign-up to receive the latest news and ratings for MATX and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Matson (NYSE:MATX) Frequently Asked Questions

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

Matson's stock was trading at $29.94 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MATX stock has increased by 25.5% and is now trading at $37.57.
View which stocks have been most impacted by Coronavirus
.

Do Wall Street analysts recommend investors buy shares of Matson?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Matson in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Matson
.

When is Matson's next earnings date?

Matson is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020.
View our earnings forecast for Matson
.

How were Matson's earnings last quarter?

Matson Inc (NYSE:MATX) released its earnings results on Tuesday, May, 5th. The shipping company reported $0.09 earnings per share for the quarter, hitting the consensus estimate of $0.09. The shipping company earned $513.90 million during the quarter, compared to analysts' expectations of $513.81 million. Matson had a return on equity of 9.34% and a net margin of 3.39%. The company's revenue for the quarter was down 3.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.29 EPS.
View Matson's earnings history
.

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

Matson declared a quarterly dividend on Thursday, June 25th. Shareholders of record on Thursday, August 6th will be given a dividend of $0.23 per share on Thursday, September 3rd. This represents a $0.92 annualized dividend and a dividend yield of 2.45%. The ex-dividend date is Wednesday, August 5th. This is a positive change from Matson's previous quarterly dividend of $0.22.
View Matson's dividend history
.

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

Matson updated its second quarter 2020 After-Hours earnings guidance on Thursday, July, 9th. The company provided EPS guidance of 0.70-0.75 for the period, compared to the Thomson Reuters consensus estimate of $0.12.

What price target have analysts set for MATX?

3 Wall Street analysts have issued 1-year price targets for Matson's shares. Their forecasts range from $30.00 to $48.00. On average, they anticipate Matson's share price to reach $40.67 in the next twelve months. This suggests a possible upside of 8.2% from the stock's current price.
View analysts' price targets for Matson
.

Has Matson been receiving favorable news coverage?

Media coverage about MATX stock has trended somewhat negative this week, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Matson earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave news headlines about the shipping company a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the company's share price in the next few days.
View the latest news about Matson
.

Are investors shorting Matson?

Matson saw a increase in short interest in the month of July. As of July 15th, there was short interest totaling 856,500 shares, an increase of 6.8% from the June 30th total of 801,900 shares. Based on an average daily volume of 271,100 shares, the days-to-cover ratio is currently 3.2 days. Approximately 2.0% of the shares of the stock are short sold.
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 following 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)

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 many different retail and institutional investors. Top institutional investors include Denali Advisors LLC (0.23%), New York State Teachers Retirement System (0.23%), Comerica Bank (0.15%), Texas Permanent School Fund (0.08%), SG Americas Securities LLC (0.06%) and Swiss National Bank (0.06%). Company insiders that own Matson stock include 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 major investors are selling Matson stock?

MATX stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, First Trust Advisors LP, Texas Permanent School Fund, M&T Bank Corp, Zeke Capital Advisors LLC, TCW Group Inc., Westhampton Capital LLC, and Russell Investments Group Ltd.. Company insiders that have sold Matson company stock in the last year include Peter T Heilmann, Ronald J Forest, Rusty K Rolfe, Vic S Angoco Jr, and W Blake Baird.
View insider buying and selling activity for Matson
.

Which major investors are buying Matson stock?

MATX stock was purchased by a variety of institutional investors in the last quarter, including Denali Advisors LLC, SG Americas Securities LLC, Sciencast Management LP, Swiss National Bank, Comerica Bank, Everence Capital Management Inc., Envestnet Asset Management Inc., and Oregon Public Employees Retirement Fund.
View insider buying and selling activity 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 $37.57.

How big of a company is Matson?

Matson has a market capitalization of $1.62 billion and generates $1.67 billion in revenue each year. The shipping company earns $82.70 million in net income (profit) each year or $1.91 on an earnings per share basis. Matson employs 1,988 workers across the globe.

What is Matson's official website?

The official website for Matson is 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]

This page was last updated on 8/5/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.