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NYSE:MATX

Matson - MATX Stock Forecast, Price & News

$63.97
+1.03 (+1.64%)
(As of 01/27/2023 12:00 AM ET)
Add
Compare
Today's Range
$63.00
$64.50
50-Day Range
$59.90
$64.93
52-Week Range
$58.06
$125.34
Volume
186,475 shs
Average Volume
292,610 shs
Market Capitalization
$2.42 billion
P/E Ratio
1.88
Dividend Yield
1.97%
Price Target
$76.50

Matson MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
19.6% Upside
$76.50 Price Target
Short Interest
Healthy
3.52% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.91
Upright™ Environmental Score
News Sentiment
0.31mentions of Matson in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$830,845 Sold Last Quarter
Proj. Earnings Growth
-72.76%
From $27.42 to $7.47 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.19 out of 5 stars

Transportation Sector

60th out of 124 stocks

Water Transportation Industry

10th out of 18 stocks


MATX stock logo

About Matson (NYSE:MATX) Stock

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.

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MATX Stock News Headlines

Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
Is Matson, Inc. (NYSE:MATX) Trading At A 47% Discount?
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
Matson, Inc. PT Lowered to $90 at Stephens
Matson (MATX) Q3 Earnings and Revenues Top Estimates
MATSON ANNOUNCES QUARTERLY DIVIDEND OF $0.31 PER SHARE
Matson dips 2% on prelim Q3 figures - Seeking Alpha
Matson (NYSE: MATX)
See More Headlines
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MATX Company Calendar

Last Earnings
11/02/2022
Ex-Dividend for 12/1 Dividend
11/09/2022
Dividend Payable
12/01/2022
Today
1/27/2023
Next Earnings (Confirmed)
2/21/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Water transportation
Sub-Industry
Marine
CUSIP
57686G10
CIK
3453
Employees
4,259
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$76.50
High Stock Price Forecast
$80.00
Low Stock Price Forecast
$73.00
Forecasted Upside/Downside
+19.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$927.40 million
Pretax Margin
35.91%

Debt

Sales & Book Value

Annual Sales
$3.93 billion
Cash Flow
$28.18 per share
Book Value
$39.67 per share

Miscellaneous

Free Float
37,063,000
Market Cap
$2.42 billion
Optionable
Optionable
Beta
1.25

Key Executives

  • Matthew J. CoxMatthew J. Cox
    Chairman & Chief Executive Officer
  • Joel M. Wine
    Chief Financial Officer & Senior Vice President
  • Peter T. HeilmannPeter T. Heilmann
    Chief Administrative Officer & Executive VP
  • John P. LauerJohn P. Lauer
    Chief Commercial Officer & Senior Vice President
  • Kevin L. Stuck
    Vice President & Controller













MATX Stock - Frequently Asked Questions

Should I buy or sell Matson stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Matson in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street 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?

2 brokerages have issued 1-year target prices for Matson's shares. Their MATX share price forecasts range from $73.00 to $80.00. On average, they expect the company's share price to reach $76.50 in the next year. This suggests a possible upside of 19.6% 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 start of the year. Since then, MATX stock has increased by 2.3% and is now trading at $63.97.
View the best growth stocks for 2023 here
.

Are investors shorting Matson?

Matson saw a increase in short interest in January. As of January 15th, there was short interest totaling 1,300,000 shares, an increase of 17.1% from the December 31st total of 1,110,000 shares. Based on an average trading volume of 344,500 shares, the short-interest ratio is presently 3.8 days. Approximately 3.5% of the company's stock 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, February 21st 2023.
View our MATX earnings forecast
.

How can I listen to Matson's earnings call?

Matson will be holding an earnings conference call on Tuesday, February 21st at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Matson's earnings last quarter?

Matson, Inc. (NYSE:MATX) released its earnings results on Wednesday, November, 2nd. The shipping company reported $6.89 earnings per share for the quarter, beating analysts' consensus estimates of $6.75 by $0.14. The shipping company had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.05 billion. Matson had a net margin of 28.71% and a trailing twelve-month return on equity of 68.93%.

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

Matson declared a quarterly dividend on Thursday, October 27th. Investors of record on Thursday, November 10th will be given a dividend of $0.31 per share on Thursday, December 1st. This represents a $1.24 annualized dividend and a yield of 1.94%. The ex-dividend date of this dividend is Wednesday, November 9th.
Read our dividend analysis for MATX
.

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 1.97%. 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 3.65%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MATX will have a dividend payout ratio of 16.60% 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 (EPS) guidance of $1.88-$2.01 for the period, compared to the consensus EPS 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 many different institutional and retail investors. Top institutional shareholders include Arden Trust Co (0.60%), Empowered Funds LLC (0.19%), New York State Teachers Retirement System (0.18%), Allspring Global Investments Holdings LLC (0.16%), Comerica Bank (0.08%) and State of Alaska Department of Revenue (0.07%). 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, 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 $63.97.

How much money does Matson make?

Matson (NYSE:MATX) has a market capitalization of $2.42 billion and generates $3.93 billion in revenue each year. The shipping company earns $927.40 million in net income (profit) each year or $34.00 on an earnings per share basis.

How many employees does Matson have?

The company employs 4,259 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 1/27/2023 by MarketBeat.com Staff