Log in

NYSE:MATXMatson Stock Price, Forecast & News

$36.49
+9.13 (+33.37 %)
(As of 07/10/2020 04:00 PM ET)
Add
Compare
Today's Range
$32.82
Now: $36.49
$38.48
50-Day Range
$26.53
MA: $29.34
$33.83
52-Week Range
$23.75
Now: $36.49
$42.15
Volume2.59 million shs
Average Volume184,186 shs
Market Capitalization$1.57 billion
P/E Ratio21.22
Dividend Yield3.22%
Beta1.11
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: 2.3Community Rank: 2.3Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.17 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$7.59 per share
Book Value$18.80 per share

Profitability

Net Income$82.70 million

Miscellaneous

Employees1,988
Market Cap$1.57 billion
Next Earnings Date8/5/2020 (Confirmed)
OptionableOptionable

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.

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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, MATX stock has increased by 21.9% and is now trading at $36.49. 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 can I listen to Matson's earnings call?

Matson will be holding an earnings conference call on Wednesday, August 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Matson's earnings last quarter?

Matson Inc (NYSE:MATX) released its quarterly earnings data on Tuesday, May, 5th. The shipping company reported $0.09 earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of $0.09. The shipping company earned $513.90 million during the quarter, compared to the consensus estimate of $513.81 million. Matson had a return on equity of 9.34% and a net margin of 3.39%. The firm's revenue for the quarter was down 3.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.29 earnings per share. 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. Stockholders of record on Thursday, August 6th will be paid a dividend of $0.23 per share on Thursday, September 3rd. This represents a $0.92 annualized dividend and a yield of 2.52%. 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 earnings per share guidance of 0.70-0.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.12.

What price target have analysts set for MATX?

3 analysts have issued 1 year price targets for Matson's stock. Their forecasts range from $30.00 to $48.00. On average, they anticipate Matson's stock price to reach $40.67 in the next twelve months. This suggests a possible upside of 11.4% from the stock's current price. View analysts' price targets for Matson.

Has Matson been receiving favorable news coverage?

News articles about MATX stock have trended neutral this week, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Matson earned a news sentiment score of 0.4 on InfoTrie's scale. They also assigned news articles about the shipping company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news about Matson.

Are investors shorting Matson?

Matson saw a decline in short interest during the month of June. As of June 30th, there was short interest totaling 757,500 shares, a decline of 11.2% from the June 15th total of 853,000 shares. Based on an average daily trading volume, of 234,100 shares, the short-interest ratio is currently 3.2 days. Currently, 1.8% of the company's shares 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 a variety of institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.03%) and Everence Capital Management Inc. (0.02%). 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 institutional investors are buying Matson stock?

MATX stock was purchased by a variety of institutional investors in the last quarter, including Everence Capital Management Inc., and Envestnet Asset Management Inc.. 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 $36.49.

How big of a company is Matson?

Matson has a market capitalization of $1.57 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 7/12/2020 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

  • Best-in-Class Portfolio Monitoring

    View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.

  • Stock Ideas and Recommendations

    Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.

  • Advanced Stock Screeners and Research Tools

    Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here

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.