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

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$39.25 -0.04 (-0.10 %)
(As of 04/24/2019 10:09 AM ET)
Previous Close$39.29
Today's Range$38.99 - $39.56
52-Week Range$28.27 - $41.96
Volume4,154 shs
Average Volume165,764 shs
Market Capitalization$1.68 billion
P/E Ratio15.51
Dividend Yield2.15%
Beta1.49
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
CIK3453
Phone808-848-1211

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.22 billion
Cash Flow$4.7576 per share
Book Value$17.69 per share

Profitability

Net Income$109 million

Miscellaneous

Employees2,007
Market Cap$1.68 billion
Next Earnings Date5/7/2019 (Estimated)
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 Friday, January 25th. Shareholders of record on Thursday, February 7th will be given a dividend of $0.21 per share on Thursday, March 7th. This represents a $0.84 annualized dividend and a dividend yield of 2.14%. The ex-dividend date of this dividend is Wednesday, February 6th. View Matson's Dividend History.

How were Matson's earnings last quarter?

Matson Inc (NYSE:MATX) announced its quarterly earnings results on Thursday, February, 21st. The shipping company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.02. The shipping company earned $564.90 million during the quarter, compared to analyst estimates of $558.44 million. Matson had a return on equity of 15.13% and a net margin of 4.90%. The firm's revenue was up 9.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.28 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, May 7th 2019. View Earnings Estimates for Matson.

What price target have analysts set for MATX?

4 Wall Street analysts have issued 12-month price objectives for Matson's shares. Their forecasts range from $35.00 to $52.00. On average, they anticipate Matson's stock price to reach $42.00 in the next year. This suggests a possible upside of 7.0% from the stock's current price. View Analyst Price Targets for Matson.

What is the consensus analysts' recommendation for Matson?

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

Has Matson been receiving favorable news coverage?

Media headlines about MATX stock have trended somewhat negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Matson earned a daily sentiment score of -1.4 on InfoTrie's scale. They also assigned news articles about the shipping company a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an effect on the company's share price in the next few days.

Who are some of Matson's key competitors?

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 Tanker (NAT), Intrexon (XON), Verizon Communications (VZ), Home Depot (HD), Southwest Airlines (LUV), UnitedHealth Group (UNH), Exxon Mobil (XOM), Cisco Systems (CSCO), Intel (INTC) and Walgreens Boots Alliance (WBA).

Who are Matson's key executives?

Matson's management team includes the folowing 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)

Who are Matson's major shareholders?

Matson's stock is owned by a variety of of institutional and retail investors. Top institutional investors include First Hawaiian Bank (0.22%), Denali Advisors LLC (0.02%) and Investors Research Corp (0.00%). 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 buying Matson stock?

MATX stock was bought by a variety of institutional investors in the last quarter, including First Hawaiian Bank, Denali Advisors LLC and Investors Research Corp. 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 $39.25.

How big of a company is Matson?

Matson has a market capitalization of $1.68 billion and generates $2.22 billion in revenue each year. The shipping company earns $109 million in net income (profit) each year or $2.53 on an earnings per share basis. Matson employs 2,007 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:  207 (Vote Outperform)
Underperform Votes:  224 (Vote Underperform)
Total Votes:  431
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 4/24/2019 by MarketBeat.com Staff

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