Matson (MATX) Stock Price, News & Analysis

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Matson in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities 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.

3 brokerages have issued twelve-month price objectives for Matson's shares. Their MATX share price targets range from $109.00 to $116.00. On average, they expect the company's stock price to reach $111.67 in the next twelve months. This suggests a possible upside of 3.2% 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 1.3% and is now trading at $108.17.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our MATX earnings forecast.

Matson, Inc. (NYSE:MATX) released its quarterly earnings results on Tuesday, February, 20th. The shipping company reported $1.78 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.75 by $0.03. The shipping company earned $788.90 million during the quarter, compared to the consensus estimate of $733.60 million. Matson had a trailing twelve-month return on equity of 12.71% and a net margin of 9.60%. The firm's revenue for the quarter was down 1.6% compared to the same quarter last year. During the same period in the previous year, the company posted $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 dividend on an annualized basis and a yield of 1.18%. The ex-dividend date of this dividend 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 1.15%. 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), Euclidean Fundamental Value ETF (ECML), Invesco S&P SmallCap Industrials ETF (PSCI), Invesco S&P SmallCap Momentum ETF (XSMO) and ProShares Supply Chain Logistics ETF (SUPL).

Matson updated its fourth quarter 2023 earnings guidance on Thursday, January, 18th. The company provided earnings per share (EPS) guidance of 1.650-1.780 for the period, compared to the consensus estimate of 1.250. The company issued revenue guidance of -.

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 number of retail and institutional investors. Top institutional investors include Artemis Investment Management LLP (0.17%), First Hawaiian Bank (0.15%), Astoria Portfolio Advisors LLC. (0.01%) and GAMMA Investing LLC (0.00%). 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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