Matthews International (MATW) Stock Price, News & Analysis

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Matthews International in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" MATW shares.
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1 Wall Street research analysts have issued twelve-month target prices for Matthews International's shares. Their MATW share price targets range from $59.00 to $59.00. On average, they expect the company's share price to reach $59.00 in the next twelve months. This suggests a possible upside of 128.5% from the stock's current price.
View analysts price targets for MATW or view top-rated stocks among Wall Street analysts.

Matthews International's stock was trading at $36.65 at the beginning of the year. Since then, MATW shares have decreased by 29.5% and is now trading at $25.82.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
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Matthews International will be holding an earnings conference call on Friday, May 3rd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Matthews International Co. (NASDAQ:MATW) released its quarterly earnings data on Thursday, February, 1st. The company reported $0.37 earnings per share for the quarter, meeting analysts' consensus estimates of $0.37. The firm had revenue of $449.99 million for the quarter, compared to the consensus estimate of $437.77 million. Matthews International had a net margin of 1.77% and a trailing twelve-month return on equity of 16.44%.

Matthews International declared a quarterly dividend on Wednesday, January 24th. Shareholders of record on Monday, February 5th will be paid a dividend of $0.24 per share on Monday, February 19th. This represents a $0.96 annualized dividend and a dividend yield of 3.72%. The ex-dividend date of this dividend is Friday, February 2nd. This is an increase from the stock's previous quarterly dividend of $0.13.
Read our dividend analysis for MATW.

Matthews International (NASDAQ:MATW) pays an annual dividend of $0.96 per share and currently has a dividend yield of 3.61%. The company has been increasing its dividend for 29 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 90.57%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, MATW will have a dividend payout ratio of 32.88% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MATW.

ETFs with the largest weight of Matthews International (NASDAQ:MATW) stock in their portfolio include Gabelli Automation ETF (GAST) and Gabelli Love Our Planet & People ETF (LOPP).Inspire Fidelis Multi Factor ETF (FDLS).

59 employees have rated Matthews International Chief Executive Officer Joseph C. Bartolacci on Glassdoor.com. Joseph C. Bartolacci has an approval rating of 51% among the company's employees. This puts Joseph C. Bartolacci in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Matthews International investors own include Johnson & Johnson (JNJ), AbbVie (ABBV), Pfizer (PFE), Verizon Communications (VZ), Abbott Laboratories (ABT), Gilead Sciences (GILD), Medtronic (MDT), Marathon Petroleum (MPC), Realty Income (O) and PepsiCo (PEP).

Shares of MATW 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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