Matson (MATX) Stock Price, News & Analysis

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Matson in the last twelve months. There are currently 2 hold ratings and 1 buy rating 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.

3 equities research analysts have issued 12-month target prices for Matson's shares. Their MATX share price targets range from $109.00 to $116.00. On average, they anticipate the company's share price to reach $111.67 in the next year. This suggests a possible upside of 5.1% from the stock's current price.
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Matson's stock was trading at $109.60 at the start of the year. Since then, MATX stock has decreased by 3.1% and is now trading at $106.22.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
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Matson will be holding an earnings conference call on Tuesday, April 30th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

Matson, Inc. (NYSE:MATX) released its earnings results on Tuesday, February, 20th. The shipping company reported $1.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.75 by $0.03. The shipping company earned $788.90 million during the quarter, compared to analysts' expectations of $733.60 million. Matson had a trailing twelve-month return on equity of 12.71% and a net margin of 9.60%. Matson's revenue for the quarter was down 1.6% on a year-over-year basis. During the same quarter last year, the company earned $2.10 EPS.

Matson announced a quarterly dividend on Thursday, January 25th. Investors of record on Thursday, February 8th will be paid a dividend of $0.32 per share on Thursday, March 7th. This represents a $1.28 annualized dividend and a yield of 1.21%. The ex-dividend date is Wednesday, February 7th.
Read our dividend analysis for MATX.

Matson (NYSE:MATX) pays an annual dividend of $1.28 per share and currently has a dividend yield of 1.21%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 15.27%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MATX will have a dividend payout ratio of 16.39% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MATX.

ETFs with the largest weight of Matson (NYSE:MATX) stock in their portfolio include SonicShares Global Shipping ETF (BOAT), SPDR S&P Transportation ETF (XTN), U.S. Global Sea to Sky Cargo ETF (SEA), Freedom Day Dividend ETF (MBOX), Invesco S&P SmallCap Industrials ETF (PSCI), Invesco S&P SmallCap Momentum ETF (XSMO), Euclidean Fundamental Value ETF (ECML) and ProShares Supply Chain Logistics ETF (SUPL).

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.

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).

Matson's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.21%), Artemis Investment Management LLP (0.17%), First Hawaiian Bank (0.15%), Chatham Capital Group Inc. (0.11%), State of Alaska Department of Revenue (0.06%) and Denali Advisors LLC (0.05%). 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, Kuuhaku T Park, 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 and Vic S Angoco Jr.
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Shares of MATX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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