NYSE:MATX - Matson Stock Price, News, & Analysis

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$32.74 -0.20 (-0.61 %)
(As of 01/17/2019 04:58 AM ET)
Previous Close$32.94
Today's Range$32.50 - $33.30
52-Week Range$27.73 - $41.96
Volume113,369 shs
Average Volume126,927 shs
Market Capitalization$1.41 billion
P/E Ratio18.39
Dividend Yield2.50%
Beta1.55
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.

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Industry, Sector and Symbol

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

Debt

Current Ratio0.92
Quick Ratio0.92

Price-To-Earnings

Sales & Book Value

Annual Sales$2.05 billion
Price / Sales0.68
Cash Flow$4.1760 per share
Price / Cash Flow7.84
Book Value$15.98 per share
Price / Book2.05

Profitability

Net Income$232 million
Net Margins11.74%
Return on Assets4.30%

Miscellaneous

Employees1,947
Market Cap$1.41 billion
OptionableOptionable

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 Thursday, October 25th. Investors of record on Thursday, November 8th will be given a dividend of $0.21 per share on Thursday, December 6th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.57%. The ex-dividend date is Wednesday, November 7th. View Matson's Dividend History.

How were Matson's earnings last quarter?

Matson Inc (NYSE:MATX) issued its earnings results on Monday, November, 5th. The shipping company reported $0.97 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.91 by $0.06. The shipping company earned $589.40 million during the quarter, compared to analyst estimates of $565.67 million. Matson had a return on equity of 14.31% and a net margin of 11.74%. The firm's revenue was up 8.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.79 EPS. View Matson's Earnings History.

When is Matson's next earnings date?

Matson is scheduled to release their next quarterly earnings announcement on Tuesday, February 19th 2019. View Earnings Estimates for Matson.

What price target have analysts set for MATX?

5 equities research analysts have issued 1 year price targets for Matson's stock. Their predictions range from $33.00 to $52.00. On average, they expect Matson's stock price to reach $40.60 in the next year. This suggests a possible upside of 24.0% from the stock's current price. 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 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Matson.

Has Matson been receiving favorable news coverage?

News articles about MATX stock have trended positive on Thursday, according to InfoTrie. The research group rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Matson earned a news impact score of 2.3 on InfoTrie's scale. They also gave press coverage about the shipping company a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the company's share price in the near term.

Who are some of Matson's key competitors?

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 shareholders include Louisiana State Employees Retirement System (0.04%) and Fruth Investment Management (0.01%). 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 major investors are selling Matson stock?

MATX stock was sold by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System. Company insiders that have sold Matson company stock in the last year include Jeffrey N Watanabe, Matthew J Cox, Peter T Heilmann, Ronald J Forest, Vic S Angoco Jr and W Blake Baird. View Insider Buying and Selling for Matson.

Which major investors are buying Matson stock?

MATX stock was bought by a variety of institutional investors in the last quarter, including Fruth Investment Management. 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 $32.74.

How big of a company is Matson?

Matson has a market capitalization of $1.41 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?

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:  200 (Vote Outperform)
Underperform Votes:  214 (Vote Underperform)
Total Votes:  414
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 1/17/2019 by MarketBeat.com Staff

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