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S&P 500   3,693.23
DOW   29,590.41
QQQ   275.51
Get 1TB of Top-Rated Cloud Storage for Life for Just $112
Copper More Critical than Lithium? (Ad)
Germany secures more gas shipments as Scholz visits Gulf
Should These 3 Top-Performing Mid-Caps Be On Your Watchlist?
Copper More Critical than Lithium? (Ad)
Labour conference starts with focus on 'immoral' tax cuts
Can Caterpillar Claw Higher in a Falling Market?
Lithium Triangle a "Treasure Trove" for the Popular Energy Metal (Ad)
Is Dave & Buster’s Immune to High Inflation and Lower Spending?
Fire breaks out at world's biggest produce market in Paris
S&P 500   3,693.23
DOW   29,590.41
QQQ   275.51
Get 1TB of Top-Rated Cloud Storage for Life for Just $112
Copper More Critical than Lithium? (Ad)
Germany secures more gas shipments as Scholz visits Gulf
Should These 3 Top-Performing Mid-Caps Be On Your Watchlist?
Copper More Critical than Lithium? (Ad)
Labour conference starts with focus on 'immoral' tax cuts
Can Caterpillar Claw Higher in a Falling Market?
Lithium Triangle a "Treasure Trove" for the Popular Energy Metal (Ad)
Is Dave & Buster’s Immune to High Inflation and Lower Spending?
Fire breaks out at world's biggest produce market in Paris
S&P 500   3,693.23
DOW   29,590.41
QQQ   275.51
Get 1TB of Top-Rated Cloud Storage for Life for Just $112
Copper More Critical than Lithium? (Ad)
Germany secures more gas shipments as Scholz visits Gulf
Should These 3 Top-Performing Mid-Caps Be On Your Watchlist?
Copper More Critical than Lithium? (Ad)
Labour conference starts with focus on 'immoral' tax cuts
Can Caterpillar Claw Higher in a Falling Market?
Lithium Triangle a "Treasure Trove" for the Popular Energy Metal (Ad)
Is Dave & Buster’s Immune to High Inflation and Lower Spending?
Fire breaks out at world's biggest produce market in Paris
NYSE:MATX

Matson - MATX Stock Forecast, Price & News

$63.57
-1.82 (-2.78%)
(As of 09/23/2022 08:56 PM ET)
Add
Compare
Today's Range
$61.91
$64.21
50-Day Range
$63.57
$91.67
52-Week Range
$61.91
$125.34
Volume
445,700 shs
Average Volume
448,120 shs
Market Capitalization
$2.48 billion
P/E Ratio
1.89
Dividend Yield
1.95%
Price Target
$86.50

Matson MarketRank™ Forecast

Analyst Rating
Hold
1.50 Rating Score
Upside/​Downside
36.1% Upside
$86.50 Price Target
Short Interest
Bearish
4.67% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.04mentions of Matson in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$2.39 M Sold Last Quarter
Proj. Earnings Growth
-69.66%
From $30.75 to $9.33 Per Share

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 stars

Transportation Sector

43rd out of 125 stocks

Water Transportation Industry

3rd out of 20 stocks

MATX stock logo

About Matson (NYSE:MATX) Stock

Matson, Inc., together with its subsidiaries, 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, e-commerce, 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 to ocean carriers on the Hawaiian islands of Oahu, Hawaii, Maui, and Kauai, as well as in the Alaska locations of Anchorage, Kodiak, and Dutch Harbor. In addition, the company offers vessel management and container transshipment services. Its 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 consolidation and freight forwarding services; warehousing and distribution services; supply chain management services, and non-vessel operating common carrier freight forwarding services. The company serves the U.S. military, freight forwarders, retailers, consumer goods, automobile manufacturers, and other customers. 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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MATX Stock News Headlines

Matson, Inc. (NYSE:MATX) EVP Sells $350,500.00 in Stock
Matson (NYSE:MATX) Reaches New 52-Week Low on Insider Selling
Matson (NYSE: MATX)
Does Matson (NYSE:MATX) Have A Healthy Balance Sheet?
Is Trending Stock Matson, Inc. (MATX) a Buy Now?
See More Headlines
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MATX Company Calendar

Last Earnings
8/01/2022
Ex-Dividend for 9/1 Dividend
8/03/2022
Dividend Payable
9/01/2022
Today
9/25/2022
Next Earnings (Estimated)
11/02/2022
Fiscal Year End
12/31/2022

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
$86.50
High Stock Price Forecast
$93.00
Low Stock Price Forecast
$80.00
Forecasted Upside/Downside
+36.1%
Consensus Rating
Hold
Rating Score (0-4)
1.50
Research Coverage
2 Analysts

Profitability

Net Income
$927.40 million
Pretax Margin
37.09%

Debt

Sales & Book Value

Annual Sales
$3.93 billion
Cash Flow
$27.76 per share
Book Value
$39.67 per share

Miscellaneous

Free Float
38,240,000
Market Cap
$2.48 billion
Optionable
Optionable
Beta
1.25

Key Executives

  • Mr. Matthew J. CoxMr. Matthew J. Cox (Age 61)
    Chairman & CEO
    Comp: $2.66M
  • Mr. Joel M. Wine (Age 50)
    Exec. VP & CFO
    Comp: $1.37M
  • Mr. Peter T. HeilmannMr. Peter T. Heilmann (Age 53)
    Exec. VP, Chief Admin. Officer & Gen. Counsel
    Comp: $1.1M
  • Mr. John P. LauerMr. John P. Lauer (Age 61)
    Exec. VP & Chief Commercial Officer
    Comp: $1.08M
  • Mr. P. Weis
    Chief Information Officer & Sr. VP
  • Mr. Lee J. Fishman
    Director of Investor Relations
  • Mr. John R. Wagner (Age 61)
    Director of Corp. Communications
  • Mr. Jason L. TaylorMr. Jason L. Taylor (Age 48)
    Sr. VP of HR
  • Mr. Vicente S. Angoco Jr. (Age 55)
    Sr. VP of Alaska
  • Mr. Rusty K. RolfeMr. Rusty K. Rolfe (Age 64)
    Exec. VP













MATX Stock - Frequently Asked Questions

Should I buy or sell Matson stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Matson in the last year. There are currently 1 sell rating and 1 hold rating 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 2022?

2 Wall Street research analysts have issued 1-year target prices for Matson's shares. Their MATX share price forecasts range from $80.00 to $93.00. On average, they anticipate the company's stock price to reach $86.50 in the next twelve months. This suggests a possible upside of 36.1% 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 2022?

Matson's stock was trading at $90.03 at the start of the year. Since then, MATX shares have decreased by 29.4% and is now trading at $63.57.
View the best growth stocks for 2022 here
.

Are investors shorting Matson?

Matson saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 1,780,000 shares, an increase of 15.6% from the August 15th total of 1,540,000 shares. Based on an average trading volume of 351,800 shares, the short-interest ratio is presently 5.1 days. Currently, 4.7% of the company's shares are short sold.
View Matson's Short Interest
.

When is Matson's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our MATX earnings forecast
.

How were Matson's earnings last quarter?

Matson, Inc. (NYSE:MATX) released its earnings results on Monday, August, 1st. The shipping company reported $9.49 earnings per share for the quarter, beating the consensus estimate of $9.38 by $0.11. The shipping company earned $1.26 billion during the quarter, compared to analysts' expectations of $1.35 billion. Matson had a net margin of 29.33% and a trailing twelve-month return on equity of 79.22%.

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

Matson declared a quarterly dividend on Wednesday, June 22nd. Stockholders of record on Thursday, August 4th will be given a dividend of $0.31 per share on Thursday, September 1st. This represents a $1.24 dividend on an annualized basis and a yield of 1.95%. The ex-dividend date of this dividend is Wednesday, August 3rd. This is a boost from the stock's previous quarterly dividend of $0.30.
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 1.95%. 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 3.69%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MATX will have a dividend payout ratio of 13.29% 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 issued an update on its second quarter 2022 earnings guidance on Tuesday, August, 2nd. The company provided earnings per share guidance of $9.31-$9.42 for the period, compared to the consensus EPS estimate of $8.26. 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 retail and institutional investors. Top institutional shareholders include State Street Corp (3.71%), Northern Trust Corp (1.23%), Millennium Management LLC (0.98%), Goldman Sachs Group Inc. (0.92%), Primecap Management Co. CA (0.86%) and London Co. of Virginia (0.81%). 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, Vic S Angoco Jr and W Blake Baird.
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 $63.57.

How much money does Matson make?

Matson (NYSE:MATX) has a market capitalization of $2.48 billion and generates $3.93 billion in revenue each year. The shipping company earns $927.40 million in net income (profit) each year or $33.64 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 9/26/2022 by MarketBeat.com Staff

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